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CMCO

Columbus McKinnon Corporation

CMCO

Columbus McKinnon Corporation • NASDAQ
$16.44 ▼ -0.54% (-0.09)
Market Cap $472.29 M
52w High $41.05
52w Low $11.78
Dividend Yield 0.28%
P/E 126.46
Volume 164.01K
Outstanding Shares 28.73M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $261.047M ▲ $77.972M ▲ $4.595M ▲ 1.76% ▲ $0.16 ▲ $24.115M ▲
Q1-2025 $235.92M ▼ $71.73M ▼ $-1.898M ▲ -0.805% ▲ $-0.066 ▲ $19.326M ▲
Q4-2024 $246.889M ▲ $74.879M ▲ $-2.684M ▼ -1.087% ▼ $-0.093 ▼ $16.605M ▼
Q3-2024 $234.138M ▼ $64.407M ▲ $3.96M ▲ 1.691% ▲ $0.14 ▲ $25.789M ▲
Q2-2024 $242.274M $63.938M $-15.043M -6.209% $-0.52 $6.508M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $28.039M ▼ $1.77B ▼ $855.264M ▼ $914.588M ▲
Q1-2025 $28.722M ▼ $1.779B ▲ $868.309M ▲ $910.883M ▲
Q4-2024 $53.683M ▲ $1.739B ▲ $856.693M ▲ $882.095M ▲
Q3-2024 $41.224M ▼ $1.711B ▼ $839.32M ▼ $871.58M ▼
Q2-2024 $55.683M $1.777B $880.754M $896.13M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $0 ▲ $18.401M ▲ $-3.128M ▲ $-17.745M ▼ $-683K ▲ $15.08M ▲
Q1-2025 $-1.898M ▲ $-18.153M ▼ $-3.217M ▲ $-977K ▲ $-24.961M ▼ $-21.355M ▼
Q4-2024 $-2.684M ▼ $35.612M ▲ $-5.669M ▼ $-17.248M ▲ $12.459M ▲ $29.467M ▲
Q3-2024 $3.96M ▲ $11.37M ▲ $-5.314M ▼ $-21.66M ▼ $-14.459M ▼ $6.172M ▲
Q2-2024 $-15.043M $9.388M $-4.867M $-17.256M $-12.69M $3.949M

Revenue by Products

Product Q2-2024Q3-2024Q1-2025Q2-2025
All Other
All Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Crane Solutions
Crane Solutions
 $100.00M ▲$100.00M ▲$100.00M ▲$110.00M ▲
Engineered Products
Engineered Products
 $20.00M ▲$20.00M ▲$20.00M ▲$30.00M ▲
Industrial Products
Industrial Products
 $80.00M ▲$80.00M ▲$80.00M ▲$90.00M ▲
Precision Conveyor Products
Precision Conveyor Products
 $40.00M ▲$40.00M ▲$40.00M ▲$40.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully over the last several years, helped by acquisitions and a move into higher-value solutions, though it slipped slightly in the most recent year. Gross profitability looks reasonably steady, which suggests the core products still hold pricing power. The weak spot is at the bottom line: operating profit margins have narrowed and the latest year shows a small loss after several years of solid profits. That pattern points to higher costs, integration expenses, or mix shifts weighing on earnings, even as demand has generally improved versus the start of the period.

Balance Sheet

Balance Sheet The asset base has expanded over time, reflecting acquisitions and a broader product portfolio. Debt is clearly higher than it was a few years ago, which fits with the company’s growth and deal activity, while shareholder equity has also risen and then leveled off, indicating a thicker capital cushion than in the past. Cash on hand, however, is relatively modest compared to the size of the business and the debt load, suggesting that financial flexibility is adequate but not abundant. Overall, the balance sheet supports growth but requires careful attention to leverage and liquidity.

Cash Flow

Cash Flow The business consistently generates positive cash flow from operations, which is a good sign that earnings quality is generally sound despite recent profit pressure. After funding a steady, manageable level of capital spending, the company has delivered positive free cash flow in each year, though with some ups and downs. This pattern means CMCO can support its investment needs and service its debt from internal cash, but the cushion is not so large that it can comfortably absorb major shocks without trade-offs. Cash discipline and working capital management remain important levers.

Competitive Edge

Competitive Edge CMCO operates with a strong set of well-known brands, a broad installed base, and a global distribution network, all of which create switching costs and customer loyalty. Its move from traditional hoists and cranes into intelligent, automated motion systems and precision conveyance deepens relationships and makes it harder for smaller or more narrowly focused rivals to compete. The product range spans from individual components to full systems, giving the company a “one-stop” appeal. At the same time, it still faces the usual industrial risks: cyclical customer spending, price competition on more basic products, and the challenge of integrating acquisitions while maintaining service quality.

Innovation and R&D

Innovation and R&D Innovation is a clear centerpiece of CMCO’s strategy. The company is layering software, automation, safety features, and connectivity on top of its mechanical products, turning hoists, cranes, and conveyors into intelligent systems that can monitor performance, avoid collisions, reduce sway, and guide material flows automatically. Mobile diagnostics, data analytics, and award-winning new products signal active and ongoing R&D investment rather than one-off launches. This push should help shift the portfolio toward higher-value, higher-margin offerings, but it also means continued spending on engineering talent, digital capabilities, and integration of acquired technologies.

Summary

CMCO is evolving from a traditional industrial manufacturer into a provider of intelligent motion and automation solutions. Financially, it has grown revenue and expanded its asset base, but the latest year shows margin pressure and a small net loss, reminding observers that the transformation is not without bumps. The balance sheet carries more debt than in the past yet is anchored by a larger equity base and steady, if not abundant, free cash flow. Strategically, the company appears well positioned with strong brands, global reach, and differentiated technology, especially in automation and precision conveyance. The key questions going forward center on restoring and expanding margins, successfully integrating acquisitions, managing leverage, and continuing to turn innovation into durable, cash-generating growth.

NEWS

November 5, 2025 · 4:30 PM UTC

Columbus McKinnon to Present at the 2025 Baird Global Industrial Conference

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October 30, 2025 · 6:45 AM UTC

Columbus McKinnon Reports 8% Sales Growth in Q2 FY26 and Reaffirms Guidance

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October 20, 2025 · 5:30 PM UTC

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

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October 16, 2025 · 9:00 AM UTC

Columbus McKinnon to Host Second Quarter Fiscal 2026 Earnings Conference Call on October 30, 2025

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September 12, 2025 · 4:05 PM UTC

Columbus McKinnon to Present at the September 2025 Sidoti Investor Small-Cap Conference

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