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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 | 906.56 | 936.24 | 1,013.54 | 963.03 |
| Operating Revenue | 906.56 | 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 |
| Research And Development | 15.35 | 20.94 | 26.19 | 23.87 |
| Selling General And Administration | 201.32 | 197.32 | 212.10 | 217.29 |
| Total Expenses | 832.77 | 838.40 | 906.39 | 908.45 |
| Operating Income | 73.78 | 97.84 | 107.15 | 54.57 |
| Total Operating Income As Reported | 73.78 | 97.84 | 107.15 | 54.57 |
| EBITDA | 100.50 | 144.36 | 145.43 | 75.11 |
| Normalized EBITDA | 116.83 | 141.86 | 145.50 | 76.98 |
| EBIT | 58.57 | 102.42 | 99.48 | 26.92 |
| Interest Expense | 20.13 | 27.94 | 37.96 | 32.43 |
| Net Interest Income | -20.13 | -27.94 | -37.96 | -32.43 |
| Other Non Operating Income Expenses | 1.12 | 2.07 | -7.60 | -25.78 |
| Other Income Expense | -15.21 | 4.58 | -7.66 | -27.65 |
| Interest Expense Non Operating | 20.13 | 27.94 | 37.96 | 32.43 |
| Net Non Operating Interest Income Expense | -20.13 | -27.94 | -37.96 | -32.43 |
| Pretax Income | 38.45 | 74.47 | 61.53 | -5.50 |
| Tax Provision | 8.79 | 26.05 | 14.90 | -0.37 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -3.73 | 0.88 | -0.02 | -0.13 |
| Net Income Continuous Operations | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income From Continuing And Discontinued Operation | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income From Continuing Operation Net Minority Interest | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income Common Stockholders | 29.66 | 48.43 | 46.62 | -5.14 |
| Net Income Including Noncontrolling Interests | 29.66 | 48.43 | 46.62 | -5.14 |
| Normalized Income | 42.26 | 46.80 | 46.68 | -3.39 |
| Diluted NI Availto Com Stockholders | 29.66 | 48.43 | 46.62 | -5.14 |
| Basic Average Shares | 28.04 | 28.60 | 28.73 | 28.74 |
| Diluted Average Shares | 28.40 | 28.82 | 29.03 | 28.74 |
| Reconciled Depreciation | 41.92 | 41.95 | 45.94 | 48.19 |
| Reconciled Cost Of Revenue | 574.18 | 578.20 | 622.15 | 619.11 |
| Total Unusual Items | -16.33 | 2.50 | -0.07 | -1.88 |
| Total Unusual Items Excluding Goodwill | -16.33 | 2.50 | -0.07 | -1.88 |
| Special Income Charges | -14.80 | 0 | 0 | - |
| Gain On Sale Of Business | 0 | - | - | - |
| Other Special Charges | 14.80 | - | - | - |
| Gain On Sale Of Security | -1.53 | 2.50 | -0.07 | -1.88 |
| 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 |
| General And Administrative Expense | 102.13 | 94.79 | 106.76 | 107.25 |
| Other Gand A | 102.13 | 94.79 | 106.76 | 107.25 |
| Selling And Marketing Expense | 99.19 | 102.53 | 105.34 | 110.04 |
| Amortization | 25.28 | 26 | 29.40 | 29.95 |
| Amortization Of Intangibles Income Statement | 25.28 | 26 | 29.40 | 29.95 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Columbus McKinnon Corporationthis co. | CMCO | $405M | -78.76 | 0.46 | -0.6% | 11.87 |
| AirJoule Technologies Corporation | AIRJ | $418M | -46.20 | 1.56 | -3.4% | -29.23 |
| Boston Omaha Corporation | BOC | $415M | -33.40 | 0.80 | -2.4% | 33.88 |
| Kelly Services, Inc. | KELYA | $411M | -1.62 | 0.42 | -26.0% | -41.01 |
| Costamare Bulkers Holdings Limited | CMDB |
| $407M |
| -10.90 |
| 0.61 |
| -5.6% |
| 4697.71 |
| Concrete Pumping Holdings, Inc. | BBCP | $403M | 63.25 | 1.52 | 2.4% | 8.41 |
| BlueLinx Holdings Inc. | BXC | $402M | 1835.44 | 0.65 | 0.0% | 9.53 |
| Radiant Logistics, Inc. | RLGT | $401M | 23.21 | 1.78 | 7.7% | 11.28 |
| Matrix Service Company | MTRX | $401M | - | 2.81 | -20.6% | - |
| Peer Median | - | -1.62 | 1.16 | -2.9% | 9.53 | |