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Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual and electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists, as well as explosion-protected and custom engineered hoists; high-precision conveying systems solutions which includes low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems; and power control and delivery systems and solutions. The company also provides AC and DC digital motion control systems for underground coal mining equipment; alloy and carbon steel chain; load chain; hooks, shackles, Hammerloks, and master links; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices. In addition, it designs and manufactures industrial components comprising mechanical and electromechanical actuators and rotary unions; and manufactures and markets aluminum light rail workstations, as well as crane components and crane kits. Further, the company designs, builds, sells, and supports elevator application-specific drive products. It serves 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 markets. The company offers its products to end users directly; industrial distributors, including rigging shops and independent crane builders; material handling specialists and integrators, and entertainment equipment distributors; service-after-sale distributors; original equipment manufacturers; government agencies; and engineering procurement and construction firms. Columbus McKinnon Corporation was founded in 1875 and is based in Charlotte, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $963M | $75M | $-5M | $24M | -0.6% | -5.0% | -111.0% |
| 2024 | $1.0B | $145M | $47M | $42M | 5.3% | 8.3% | -3.7% |
| 2023 | $936M | $144M | $48M | $71M | 5.8% | 3.3% | 63.3% |
| 2022 | $907M | $100M | $30M | $36M | 3.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 906.55 | 936.24 | 1,013.54 | 963.03 |
| Cost Of Revenue | 590.83 | 594.14 | 638.70 | 637.35 |
| Gross Profit | 315.73 | 342.10 | 374.84 | 325.68 |
| Operating Expense | 241.95 | 244.26 | 267.69 | 271.11 |
| Operating Income | 73.78 | 97.84 | 107.15 | 54.57 |
| EBITDA | 100.50 | 144.36 | 145.43 | 75.11 |
| EBIT | 58.57 | 102.42 | 99.48 | 26.92 |
| Pretax Income | 38.45 | 74.47 | 61.53 | -5.50 |
| Tax Provision | 8.79 | 26.05 | 14.90 | -0.37 |
| Net Income | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income Common Stockholders | 29.66 | 48.43 | 46.62 | -5.14 |
| Total Expenses | 832.77 | 838.40 | 906.39 | 908.45 |
| Interest Expense | 20.13 | 27.94 | 37.96 | 32.43 |
| Research And Development | 15.35 | 20.93 | 26.19 | 23.87 |
| Selling General And Administration | 201.31 | 197.32 | 212.10 | 217.29 |
| Normalized EBITDA | 116.83 | 141.86 | 145.50 | 76.98 |
| Normalized Income | 42.26 | 46.80 | 46.68 | -3.39 |
| Basic EPS | 1.06 | 1.69 | 1.62 | -0.18 |
| Diluted EPS | 1.04 | 1.68 | 1.61 | -0.18 |
| Tax Effect Of Unusual Items | -3.73 | 0.88 | -0.02 | -0.13 |
| Tax Rate For Calcs | 0.23 | 0.35 | 0.24 | 0.07 |
| Total Unusual Items | -16.33 | 2.50 | -0.07 | -1.88 |
| Total Unusual Items Excluding Goodwill | -16.33 | 2.50 | -0.07 | -1.88 |
| Net Income From Continuing Operation Net Minority Interest | 29.66 | 48.43 | 46.62 | -5.14 |
| Reconciled Depreciation | 41.92 | 41.95 | 45.95 | 48.19 |
| Reconciled Cost Of Revenue | 574.18 | 578.20 | 622.15 | 619.11 |
| Net Interest Income | -20.13 | -27.94 | -37.96 | -32.43 |
| Net Income From Continuing And Discontinued Operation | 29.66 | 48.43 | 46.62 | -5.14 |
| Total Operating Income As Reported | 73.78 | 97.84 | 107.15 | 54.57 |
| Diluted Average Shares | 28.40 | 28.82 | 29.03 | 28.74 |
| Basic Average Shares | 28.04 | 28.60 | 28.73 | 28.74 |
| Diluted NI Availto Com Stockholders | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income Including Noncontrolling Interests | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income Continuous Operations | 29.66 | 48.43 | 46.62 | -5.14 |
| Other Income Expense | -15.21 | 4.58 | -7.66 | -27.65 |
| Other Non Operating Income Expenses | 1.12 | 2.07 | -7.60 | -25.77 |
| Special Income Charges | -14.80 | 0 | 0 | 0 |
| Gain On Sale Of Business | 0 | 0 | 0 | 0 |
| Other Special Charges | 14.80 | 0 | 0 | 0 |
| Gain On Sale Of Security | -1.53 | 2.50 | -0.07 | -1.88 |
| Net Non Operating Interest Income Expense | -20.13 | -27.94 | -37.96 | -32.43 |
| Interest Expense Non Operating | 20.13 | 27.94 | 37.96 | 32.43 |
| Depreciation Amortization Depletion Income Statement | 25.28 | 26 | 29.40 | 29.95 |
| Depreciation And Amortization In Income Statement | 25.28 | 26 | 29.40 | 29.95 |
| Amortization | 25.28 | 26 | 29.40 | 29.95 |
| Amortization Of Intangibles Income Statement | 25.28 | 26 | 29.40 | 29.95 |
| Selling And Marketing Expense | 99.19 | 102.53 | 105.34 | 110.04 |
| General And Administrative Expense | 102.13 | 94.79 | 106.76 | 107.25 |
| Other Gand A | 102.13 | 94.79 | 106.76 | 107.25 |
| Operating Revenue | 906.55 | 936.24 | 1,013.54 | 963.03 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Columbus McKinnon Corporationthis co. | CMCO | $424M | 70.33↑ premium | 0.45 | -0.6% | 5.80 |
| Mayville Engineering Company, Inc. | MEC | $444M | - | 1.84 | -3.4% | 16.09 |
| Park-Ohio Holdings Corp. | PKOH | $427M | 16.76 | 1.07 | 6.2% | 8.52 |
| BlueLinx Holdings Inc. | BXC | $415M | 2640.50 | 0.67 | 0.0% | 9.98 |
| Costamare Bulkers Holdings Limited | CMDB |
| $412M |
| - |
| 0.62 |
| -5.6% |
| 41.33 |
| American Battery Technology Company | ABAT | $406M | - | 3.39 | -66.2% | -10.81 |
| Public Policy Holding Company, Inc. | PPHC | $404M | - | 4.62 | -52.1% | -35.39 |
| Concrete Pumping Holdings, Inc. | BBCP | $394M | 86.78 | 1.51 | 2.4% | 8.43 |
| Radiant Logistics, Inc. | RLGT | $392M | 28.86 | 1.65 | 7.6% | 13.55 |
| Peer Median | - | 57.82 | 1.58 | -1.7% | 9.25 | |