Last $18.90 USD
Change Today +0.04 / 0.21%
Volume 62.2K
As of 8:04 PM 06/17/13 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for tower international inc (TOWR)

Year over year, Tower International, Inc. has seen revenues remain relatively flat ($2.1B USD to $2.1B USD), though the company was able to grow net income from $23.3M USD to $18.0M USD. A reduction in the percentage of sales devoted to cost of goods sold from 90.35% to 89.88% was a key component in the bottom line growth in the face of flat revenues.
Currency in
Millions of US Dollars
As of:Dec 31
2009
Reclassified
Dec 31
2010
Restated
Dec 31
2011
Restated
Dec 31
2012
4 Year
Trend
Revenues1,634.41,721.32,053.72,084.9
TOTAL REVENUES1,634.41,721.32,053.72,084.9
Cost of Goods Sold1,536.81,534.21,855.51,874.0
GROSS PROFIT97.7187.1198.2210.9
Selling General & Admin Expenses, Total118.3119.6132.1127.8
Depreciation & Amortization, Total2.83.34.64.6
OTHER OPERATING EXPENSES, TOTAL121.1122.9136.6132.4
OPERATING INCOME-23.564.261.678.6
Interest Expense-57.9-59.1-54.3-54.8
Interest and Investment Income1.00.60.70.9
Merger & Restructuring Charges-13.4-15.0-3.8-10.7
Other Unusual Items, Total33.7-19.0-16.1-3.5
EBT, INCLUDING UNUSUAL ITEMS-60.1-28.3-11.810.5
Income Tax Expense-1.114.413.315.3
Minority Interest in Earnings-8.9-8.4-5.1-7.0
Earnings from Continuing Operations-59.0-42.7-25.1-4.8
EARNINGS FROM DISCOUNTINUED OPERATIONS--15.76.929.8
NET INCOME-67.9-35.4-23.318.0
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-84.0-46.1-23.318.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-84.0-61.8-30.2-11.8
 

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TOWR:US $18.90 USD +0.04

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Industry Analysis

TOWR

Industry Average

Valuation TOWR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 6.5x
Price/Cash Flow 15.8x
TEV/Sales NM Not Meaningful
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