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Columbus Mckinnon
(NASDAQ:CMCO)
Columbus Mckinnon (CMCO) vs. SPDR S&P 500 ETF (SPY)
Columbus Mckinnon Business Overview & Revenue Model
Columbus Mckinnon Earnings Call Summary
Columbus Mckinnon Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 977.99M | 963.03M | 1.01B | 936.24M | 906.55M | 649.64M |
| Gross Profit | 329.29M | 325.68M | 374.84M | 342.10M | 315.73M | 220.22M |
| EBITDA | 85.83M | 75.11M | 145.43M | 146.72M | 105.57M | 50.31M |
| Net Income | 3.97M | -5.14M | 46.63M | 48.43M | 29.66M | 9.11M |
Balance Sheet | ||||||
| Total Assets | 1.77B | 1.74B | 1.83B | 1.70B | 1.69B | 1.15B |
| Cash, Cash Equivalents and Short-Term Investments | 28.04M | 53.68M | 114.13M | 133.18M | 115.39M | 202.13M |
| Total Debt | 459.28M | 540.67M | 599.63M | 526.08M | 542.90M | 283.95M |
| Total Liabilities | 855.26M | 856.69M | 943.88M | 864.66M | 912.90M | 620.28M |
| Stockholders Equity | 914.59M | 882.10M | 882.06M | 833.80M | 772.80M | 530.15M |
Cash Flow | ||||||
| Free Cash Flow | 29.36M | 24.20M | 42.38M | 71.00M | 35.78M | 86.59M |
| Operating Cash Flow | 47.23M | 45.61M | 67.20M | 83.64M | 48.88M | 98.89M |
| Investing Cash Flow | -17.33M | -19.89M | -133.36M | -13.93M | -554.31M | -5.55M |
| Financing Cash Flow | -57.63M | -86.75M | 48.20M | -49.99M | 420.70M | -10.19M |
Columbus Mckinnon Technical Analysis
Columbus Mckinnon Risk Analysis
Columbus Mckinnon Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $619.96M | 154.70 | 0.44% | 1.59% | -2.36% | -73.77% | |
67 Neutral | $517.88M | 9.16 | 8.82% | ― | -0.83% | ― | |
67 Neutral | $7.33B | 26.79 | 7.85% | 1.24% | 4.60% | -65.73% | |
66 Neutral | $1.25B | 25.42 | 7.37% | 1.14% | 6.66% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | $681.08M | -110.25 | -1.05% | ― | -2.75% | 22.20% | |
51 Neutral | $630.09M | 236.32 | 0.51% | 4.61% | -8.30% | -98.18% |
Columbus Mckinnon Corporate Events
On February 3, 2026, Columbus McKinnon closed its $2.7 billion cash acquisition of Kito Crosby, creating what the company describes as a global leader in lifting solutions with expanded scale, product breadth and geographic reach across diverse end markets. The deal was financed through a new $2.15 billion credit package comprising a $1.65 billion Term Loan B and a $500 million revolving facility, a $900 million offering of 7.125% senior secured notes due 2033, and an $800 million investment in Series A cumulative convertible participating preferred shares from Clayton, Dubilier & Rice (CD&R), alongside amendments to Columbus McKinnon’s charter to authorize more capital, establish the new preferred share terms and grant CD&R pre‑emptive rights. Concurrently, the company terminated its prior credit agreement and an earlier debt commitment letter, and issued 800,000 preferred shares to CD&R, which also gained three board seats as the board expanded from nine to 12 directors, cementing a significant new strategic shareholder. Columbus McKinnon also unveiled an integrated executive leadership team drawn from both companies to drive growth, margin expansion and deleveraging, targeting $70 million in net annual run-rate cost synergies, with the combined business expected to improve adjusted EBITDA margins and enhance shareholder value while operating under new secured, covenant-governed capital structures that are backed by substantially all of the company’s and certain subsidiaries’ assets.
The most recent analyst rating on (CMCO) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On February 2, 2026, Columbus McKinnon announced that the U.S. Department of Justice’s Antitrust Division had cleared its pending acquisition of Kito Crosby Limited, following an extended review that culminated in a consent decree requiring Columbus McKinnon to divest its U.S. power chain hoist and chain operations. With all regulatory approvals now secured and closing expected in February 2026, the deal is set to significantly scale the combined business and strengthen Columbus McKinnon’s global market position in lifting and securement, with management highlighting operational integration, cost synergies, and improved profitability as key benefits for customers and shareholders.
The most recent analyst rating on (CMCO) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On February 10, 2025, Columbus McKinnon entered into a stock purchase agreement to acquire all outstanding equity of Kito Crosby Limited for approximately $2.7 billion in cash on a cash-free, debt-free basis, with closing expected in the first quarter of calendar 2026, and Kito Crosby to become a wholly owned subsidiary. In connection with this pending acquisition and a planned divestiture of its U.S. power chain hoist and chain manufacturing operations in Damascus, Virginia, and Lexington, Tennessee, the company has provided investors with unaudited pro forma condensed combined financial information for the six months ended September 30, 2025 and the fiscal year ended March 31, 2025, reflecting the impact of these transactions as if completed earlier, along with details of a new financing package that includes a $1.65 billion term loan B facility, a $500 million revolving credit facility and a previously announced $900 million senior secured notes offering; these steps illustrate a significant balance sheet expansion and portfolio repositioning that will materially change Columbus McKinnon’s capital structure, scale, and business mix, though the pro forma figures remain preliminary and may change as the transactions close and final accounting is completed.
The most recent analyst rating on (CMCO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On January 27, 2026, Columbus McKinnon Corporation announced that its Board of Directors had declared a regular quarterly cash dividend of $0.07 per common share, reinforcing its ongoing capital-return strategy to shareholders. The dividend is scheduled to be paid on or about February 23, 2026, to shareholders of record as of the close of business on February 13, 2026, with approximately 28.7 million common shares outstanding, highlighting the company’s continued commitment to providing consistent shareholder returns alongside its core material-handling operations.
The most recent analyst rating on (CMCO) stock is a Hold with a $23.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On January 22, 2026, Columbus McKinnon announced it had priced a private offering of $900 million in 7.125% senior secured notes due 2033, downsized from a previously planned $1.225 billion, with closing expected on January 30, 2026, subject to customary conditions. The company plans to use the note proceeds, alongside preferred equity financing and a new credit agreement, to fund its pending acquisition of Kito Crosby Limited, repay Kito Crosby’s existing debt, refinance portions of its own indebtedness, and cover related fees and expenses, a move that reshapes its capital structure and underscores the strategic importance of the Kito Crosby transaction to its growth in the material-handling sector; the notes are initially unsecured but will become first-lien, senior secured obligations guaranteed by key U.S. subsidiaries following completion of the acquisition, and include a special mandatory redemption feature if the deal does not close by August 10, 2026 or is formally abandoned.
The most recent analyst rating on (CMCO) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On January 20, 2026, Columbus McKinnon announced plans to issue $1.225 billion of senior secured notes due 2033 to help finance its acquisition of Kito Crosby, refinance its existing senior secured credit facilities and repay Kito Crosby’s existing debt, alongside proceeds from a new preferred share issuance and a new senior secured credit agreement. The notes will initially be unsecured and unguaranteed but are expected to become first‑lien, senior‑secured obligations guaranteed by certain U.S. subsidiaries after the acquisition closes, with a special mandatory redemption feature if the deal does not close by the contractual end date; in parallel, the company is updating and expanding its use of non‑GAAP metrics such as Adjusted EBITDA and various leverage ratios—now including stock‑based compensation addbacks—to frame its leverage profile and performance for investors as it undertakes this highly leveraged, acquisition‑driven capital structure shift.
The most recent analyst rating on (CMCO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On January 13, 2026, Columbus McKinnon signed an equity purchase agreement to sell 100% of the equity interests of Royal NY Company Holdings and its U.S. power chain hoist and chain manufacturing operations, excluding Little Mule products, to an affiliate of Pacific Avenue Capital Partners for $210 million, with potential additional earn-out payments of up to $25 million tied to net sales performance in fiscal 2027 and 2028. The divested business, based in Damascus, Virginia and Lexington, Tennessee, will be transferred under related contribution agreements, with closing expected by the end of the first quarter of calendar 2026, subject to customary regulatory and contractual closing conditions and a long-stop date of April 30, 2026. Columbus McKinnon expects roughly $160 million of net cash proceeds, after an estimated $50 million of taxes and transaction-related costs, to be used primarily to pay down debt incurred for its previously announced acquisition of Kito Crosby, thereby supporting its deleveraging priorities and easing antitrust review by reducing product overlap. Management positions the divestiture and acquisition together as a portfolio simplification and scale-building strategy, targeting approximately $70 million in annual cost synergies, mid‑20% adjusted EBITDA margins on a pro forma basis, and stronger, more diversified global reach, particularly in APAC, EMEA and Latin America, even as they caution that transaction timing could render fiscal 2026 GAAP earnings per share temporarily dilutive and near-term financial impacts uncertain.
The most recent analyst rating on (CMCO) stock is a Buy with a $21.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
On January 14, 2026, Columbus McKinnon announced select estimated preliminary unaudited results for its third quarter ended December 31, 2025, reporting expected net sales of $250 million to $260 million for the quarter and $747 million to $757 million for the first nine months of fiscal 2026. The company anticipates Adjusted EBITDA of $38 million to $40 million for the quarter and $115 million to $117 million for the nine-month period, with Adjusted EPS projected between $0.58 and $0.63 for the quarter and $1.70 to $1.75 year-to-date. Management also estimates third-quarter orders of $245 million to $250 million and a quarter-end backlog of $335 million to $345 million, representing a 3% decline from the prior quarter but a 5% increase versus the end of fiscal 2025, signaling a still-solid demand pipeline. These figures, which exclude the impact of the pending acquisition of Kito Crosby Limited and the planned divestiture of U.S. power chain hoist and chain manufacturing operations, remain subject to closing adjustments and audit review; the company has also revised its Adjusted EBITDA definition to add back stock-based compensation, aligning with common industry practice and potentially improving comparability of its performance metrics for investors.
The most recent analyst rating on (CMCO) stock is a Buy with a $21.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.