Nexteer Automotive

Delivering electric and hydraulic power steering, columns, drivelines, advanced driver assist systems and autonomous tech.

Launch date

1906

Employees

5001-10000 people

Market cap

Enterprise valuation

CAD734m (Public information from Sep 2024)

Saginaw Michigan (HQ)

http://nexteer.com

https://twitter.com/nexteer https://www.facebook.com/nexteerauto https://www.linkedin.com/company/nexteer-automotive

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	3.0b	3.4b	3.8b	4.2b	4.4b	4.7b	5.0b
% growth	(15 %)	11 %	14 %	10 %	3 %	7 %	7 %
EBITDA	359m	372m	364m	362m	435m	508m	555m
% EBITDA margin	12 %	11 %	9 %	9 %	10 %	11 %	11 %
Profit	117m	118m	58.0m	36.7m	91.1m	139m	169m
% profit margin	4 %	4 %	2 %	1 %	2 %	3 %	3 %
EV / revenue	0.8x	0.9x	0.4x	0.3x	0.1x	0.1x	0.1x
EV / EBITDA	6.8x	7.9x	4.2x	3.8x	1.4x	1.2x	0.8x
R&D budget	154m	116m	145m	151m	-	-	-
R&D % of revenue	5 %	3 %	4 %	4 %	-	-	-

Date	Investors	Amount	Round
Oct 2013	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

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