COLUMBUS MCKINNON CORP CMCO
Founded in 1875, Columbus McKinnon Corporation (referred to in this Form 10-K as "we," "us," "our," "Columbus McKinnon" or the "Company") is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions for material handling that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power and motion control systems. These are highly relevant, professional-grade solutions that solve our customers' critical material handling requirements.
The Company is focused on commercial and industrial applications that require the safety, reliability and quality provided by its superior design and engineering know-how. Our products are used for mission critical applications where we have established, trusted brands that are well known in the industry. Our targeted market verticals include manufacturing, transportation including electric vehicle ("EV") production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, e-commerce, supply chain and warehousing.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $963.0M | $1.01B | $936.2M | $906.6M | $649.6M | $809.2M | $876.3M | $839.4M | $637.1M |
| Cost of revenue | $834.0M | $637.3M | $638.7M | $594.1M | $590.8M | $429.4M | $526.0M | $571.3M | $554.4M | $444.2M |
| Gross profit | $359.4M | $325.7M | $374.8M | $342.1M | $315.7M | $220.2M | $283.2M | $305.0M | $285.1M | $192.9M |
| R&D | $21.4M | $23.9M | $26.2M | $20.9M | $15.4M | $12.4M | $11.3M | $13.5M | $13.6M | $10.5M |
| SG&A | $178.3M | $107.2M | $106.8M | $94.8M | $102.1M | $76.0M | $77.9M | $83.6M | $85.6M | $72.1M |
| Operating income | -$119.3M | $54.6M | $107.1M | $97.8M | $73.8M | $42.3M | $89.8M | $69.4M | $68.3M | $23.7M |
| Pre-tax income | -$206.5M | -$5.5M | $61.5M | $74.5M | $38.4M | $10.1M | $77.2M | $52.9M | $49.7M | $13.0M |
| Income tax | $22.9M | $367.0K | $14.9M | $26.0M | $8.8M | $970.0K | $17.5M | $10.3M | $27.6M | $4.0M |
| Net income | -$229.5M | -$5.1M | $46.6M | $48.4M | $29.7M | $9.1M | $59.7M | $42.6M | $22.1M | $9.0M |
| EPS, basic | -7.40 | -0.18 | 1.62 | 1.69 | 1.06 | 0.38 | 2.53 | 1.83 | 0.97 | 0.44 |
| EPS, diluted | -7.40 | -0.18 | 1.61 | 1.68 | 1.04 | 0.38 | 2.50 | 1.80 | 0.95 | 0.43 |
| Shares, diluted (wtd. avg.) | $28.7M | $28.7M | $29.0M | $28.8M | $28.4M | $24.2M | $23.9M | $23.7M | $23.3M | $20.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $96.6M | $53.7M | $114.4M | $133.4M | $115.6M | $202.4M | $114.7M | $71.3M | $63.6M | $78.4M |
| Receivables | $380.2M | $165.5M | $171.2M | $151.5M | $147.5M | $105.5M | $123.7M | $129.2M | $127.8M | $111.6M |
| Inventory | $609.0M | $198.6M | $186.1M | $179.4M | $172.1M | $111.5M | $127.4M | $146.3M | $152.9M | $130.6M |
| Total current assets | $1.18B | $465.8M | $514.2M | $496.2M | $466.6M | $441.8M | $382.7M | $362.6M | $360.3M | $340.9M |
| Property, plant and equipment | $408.5M | $106.2M | $106.4M | $94.4M | $97.9M | $74.8M | $79.5M | $87.3M | $113.1M | $113.0M |
| Goodwill | $1.41B | $710.8M | $710.3M | $644.6M | $648.8M | $331.2M | $319.7M | $322.8M | $347.4M | $319.3M |
| Other intangibles | $1.61B | $356.6M | $385.6M | $362.5M | $390.8M | $213.4M | $218.0M | $232.9M | $263.8M | $256.2M |
| Total assets | $4.78B | $1.74B | $1.83B | $1.70B | $1.69B | $1.15B | $1.09B | $1.06B | $1.14B | $1.11B |
| Short-term debt | $165.6M | $50.0M | $50.0M | $40.0M | $40.6M | $4.5M | $4.5M | $65.0M | $60.1M | $52.6M |
| Total current liabilities | $584.3M | $257.9M | $261.8M | $241.7M | $249.6M | $183.9M | $155.3M | $211.3M | $207.0M | $191.0M |
| Long-term debt | $2.22B | $408.7M | $467.3M | $418.1M | $457.1M | $244.5M | $246.9M | $235.3M | $303.2M | $368.7M |
| Total liabilities | $3.34B | $856.7M | $943.9M | $864.7M | $912.9M | $620.3M | $629.7M | $630.4M | $734.2M | $772.5M |
| Retained earnings | $135.8M | $382.2M | $395.3M | $356.8M | $316.3M | $293.8M | $290.4M | $236.5M | $197.9M | $179.7M |
| Total equity | $1.45B | $882.1M | $882.1M | $833.8M | $772.8M | $530.1M | $463.6M | $431.2M | $408.2M | $341.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$146.2M | $45.6M | $67.2M | $83.6M | $48.9M | $98.9M | $106.8M | $79.5M | $69.7M | $60.5M |
| Depreciation and amortisation | $77.0M | $48.2M | $45.9M | $41.9M | $41.9M | $28.2M | $29.1M | $32.7M | $36.1M | $25.2M |
| Stock-based compensation | $9.6M | $6.3M | $12.0M | $10.4M | $11.2M | $8.0M | $4.5M | $6.2M | $5.6M | $5.9M |
| Capital expenditure | $17.9M | $21.4M | $24.8M | $12.6M | $13.1M | $12.3M | $9.4M | $12.3M | $14.5M | $14.4M |
| Investing cash flow | -$2.46B | -$19.9M | -$133.4M | -$13.9M | -$554.3M | -$5.5M | -$10.0M | $2.5M | -$32.6M | -$224.0M |
| Financing cash flow | $2.65B | -$86.7M | $48.2M | -$50.0M | $420.7M | -$10.2M | -$51.6M | -$67.8M | -$59.5M | $190.7M |
| Dividends paid | $8.0M | $8.0M | $8.0M | $8.0M | $6.6M | $5.7M | $5.7M | $4.7M | $3.7M | $3.3M |
| Buybacks | $0 | $10.0M | $0 | $1.0M | $0 | $0 | $0 | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001005229-26-000032.
Others in SIC 3531
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| ASTE | ASTEC INDUSTRIES INC | $1.02B | 26.3x | 8.1% |
| AEBI | Aebi Schmidt Holding AG | $1.00B | 76.2x | 40.6% |
| PLOW | DOUGLAS DYNAMICS, INC | $976.2M | 21.6x | 15.4% |
| MTW | MANITOWOC CO INC | $772.1M | 107.0x | 2.9% |
| GENC | GENCOR INDUSTRIES INC | $270.0M | 17.2x | 2.0% |