Schaeffler AG - Company Profile
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Schaeffler AG (Schaeffler) is a developer, manufacturer, and supplier of precision products for diverse applications. The company offers a wide range of products including rolling bearings, spherical plain bearings, plain bearings, mechatronics, linear products, and precision components. The company markets these products under the brands names of INA, LuK and FAG. It provides maintenance of products and services, besides digital services. Schaeffler also offers aftermarket services and products to automotive, aerospace, and industrial sectors. Through its manufacturing, research and development facilities, and distribution companies, the company operates in Mexico, Germany, the US, Korea, Russia, and China. Schaeffler is headquartered in Herzogenaurach, Germany.
Headquarters
Germany
Address
Industriestrasse 1-3, Herzogenaurach, Bayern, 91074
Website
www.schaeffler.com/fork
Telephone
49 9132 820
No of Employees
83,362
Industry
Automotive
Ticker Symbol & Exchange
SHA (ETR)
Revenue (2022)
$17.6B
3.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-44.3%
(2022 vs 2021)
Market Cap*
$1.1B
Net Profit Margin (2022)
XYZ
-46.0%
(2022 vs 2021)
* As of and is in US$
Schaeffler AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Rolling Bearings | INA |
| Spherical Plain Bearings | FAG |
| Plain Bearings | LuK |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company along with RoboMarkets and Shell expanded its partnership with BMW M Motorsport to design three BMW M4 GT3s. |
| 2024 | Plans/Strategy | In February, the company announced its plans to build a new manufacturing facility in Dover, Ohio, the US. |
| 2024 | New Products/Services | In February, the company launched a range of electric auxiliary water pumps under the INA brand. |
Competitor Comparison
| Key Parameters | Schaeffler AG | Illinois Tool Works Inc | KUKA AG | RBC Bearings Inc | Cooper Bearings Group. |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | Germany | United States of America | United States of America |
| City | Herzogenaurach | Glenview | Augsburg | Oxford | - |
| State/Province | Bayern | Illinois | Bayern | Connecticut | - |
| No. of Employees | 83,362 | 45,000 | 15,064 | 3,670 | - |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Georg F. W. Schaeffler | Chairman | Executive Board | - | 57 |
| Klaus Rosenfeld | Chief Executive Officer | Senior Management | 2014 | 57 |
| Claus Bauer | Chief Financial Officer | Senior Management | 2021 | 56 |
| Andreas Schick | Chief Operating Officer | Senior Management | 2018 | 53 |
| Uwe Wagner | Chief Technology Officer | Senior Management | 2019 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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