Columbus McKinnon Corporation
- Open
- 14.68
- Day high
- 14.87
- Day low
- 14.47
- Prev close
- 14.33
- Volume
- 38K
- Mkt cap
- $418M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 0.3
- P/S
- 0.4
- Yield
- 1.93%
- Per share
- $0.28
Columbus McKinnon Corporation (CMCO) is a Industrials company listed on NASDAQ. The stock is down 3% over the past year.
Columbus McKinnon Corporation (CMCO) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CMCO earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jun 4, 2026 | $0.34 | $0.24 | -28.7% | $438M | +4.8% |
| Oct 30, 2025 | $0.54 | $0.62 | +14.8% | $261M | +8.0% |
| Jul 30, 2025 | $0.47 | $0.50 | +6.4% | $236M | -1.8% |
| May 28, 2025 | $0.58 | $0.60 | +3.4% | $247M | +4.4% |
| Oct 30, 2024 | $0.69 | $0.70 | +1.4% | $242M | -2.6% |
| Jul 31, 2024 | $0.62 | $0.62 | +0.0% | $240M | -0.6% |
| May 29, 2024 | $0.84 | $0.75 | -10.7% | $266M | -0.7% |
| Jan 31, 2024 | $0.69 | $0.74 | +7.2% | $254M | -4.9% |
| Nov 1, 2023 | $0.70 | $0.76 | +8.6% | $258M | +1.3% |
| Aug 2, 2023 | $0.63 | $0.62 | -1.6% | $235M | -0.6% |
| May 25, 2023 | $0.74 | $0.80 | +8.1% | $936M | +274.8% |
| Feb 1, 2023 | $0.60 | $0.72 | +20.0% | $230M | +0.8% |
CMCO insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 10, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Grant | 6,911 | — |
| Jul 10, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Tax | 733 | $12.92 |
| Jul 10, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Tax | 3,928 | $12.92 |
| Jul 10, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Grant | 15,072 | — |
| May 26, 2026 | Korman Alan Sofficer: Sr VP, Gen'l Counsel & Sec | Tax | 552 | $14.88 |
| May 26, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Tax | 1,189 | $14.88 |
| May 26, 2026 | Williams Adrienneofficer: Sr. Vice President & CHRO | Tax | 390 | $14.88 |
| May 26, 2026 | Wilson David J.director, officer: President & CEO | Tax | 4,863 | $14.88 |
| May 26, 2026 | Paradowski Mark Rofficer: Sr VP Information Services&CDO | Tax | 472 | $14.88 |
| May 26, 2026 | Adams Jonofficer: Sr. VP, Business Integration | Tax | 296 | $14.88 |
| May 26, 2026 | Ramos Lara Mario Y.officer: CPTO and GM Latin America | Tax | 390 | $14.88 |
| May 26, 2026 | Chintapalli Appalofficer: President Americas | Tax | 491 | $14.88 |
| May 21, 2026 | Paradowski Mark Rofficer: Sr VP Information Services&CDO | Tax | 343 | $14.09 |
| May 21, 2026 | Williams Adrienneofficer: Sr. Vice President & CHRO | Tax | 243 | $14.09 |
| May 21, 2026 | Rustowicz Gregory Pofficer: Executive VP Finance, CFO | Tax | 1,961 | $13.59 |
Source: CMCO SEC Form 4 filings, latest Jul 10, 2026. For informational purposes only — not investment advice.
See the full CMCO insider & 13F page →Columbus McKinnon Corporation company profile
Overview
Columbus McKinnon Corporation (NASDAQ:CMCO) is an industrial equipment manufacturer founded in 1875 and headquartered in Buffalo, New York. The company has evolved from its 19th-century origins into a global provider of intelligent motion solutions, serving customers across diverse industries including manufacturing, construction, entertainment, and logistics. Columbus McKinnon went public in 1996 and has since grown through both organic expansion and strategic acquisitions, most notably acquiring Dorner and Garvey to build its precision conveyance platform and more recently adding Montratec to strengthen its automation capabilities.
Business
Columbus McKinnon operates in the industrial material handling equipment sector, designing and manufacturing systems that help move, lift, position, and secure materials in industrial and commercial settings. The company's products are essential infrastructure components that enable safe and efficient material handling operations across manufacturing facilities, warehouses, construction sites, and entertainment venues. The company operates through two primary business segments. The Lifting Solutions segment represents the traditional core business, encompassing hoists (electric, air-powered, lever, and hand-operated devices that lift heavy loads), crane systems (including overhead cranes, jib cranes, and mobile cranes), rigging equipment (chains, slings, shackles, and other below-the-hook lifting devices), and winches. These products are fundamental to industries like steel production, automotive manufacturing, construction, and shipbuilding where heavy materials must be moved safely and precisely. The Precision Conveyance segment, significantly expanded through acquisitions of Dorner, Garvey, and Montratec, focuses on automated material handling systems. This includes conveyor systems that transport products along manufacturing lines, accumulation systems that temporarily store items during production processes, and sophisticated automation solutions for industries like food and beverage processing, pharmaceuticals, e-commerce fulfillment, and electronics manufacturing. Based on recent earnings calls, Precision Conveyance appears to represent approximately 40% of total revenue and is growing faster than the traditional lifting business. The company also provides power and motion technology products including motor controls, brakes, radio controls, and various electrical components that integrate with material handling systems. Additionally, Columbus McKinnon offers rotary unions, swivel joints, and mechanical actuators that enable fluid and power transmission in rotating machinery applications.
Competitive moat
Columbus McKinnon operates in a moderately competitive industry with several sources of competitive advantage, though its moat is not particularly deep or wide. The company benefits from established customer relationships built over nearly 150 years of operation, particularly in mission-critical applications where reliability and safety are paramount. Many customers prefer working with proven suppliers for lifting and material handling equipment due to the safety implications and regulatory requirements involved. The company has technical expertise and application knowledge accumulated across diverse industries, allowing it to provide engineered solutions rather than just commodity products. This is particularly valuable in the precision conveyance segment where custom automation solutions require deep understanding of customer processes. Columbus McKinnon's global distribution network and service capabilities also provide competitive advantages, as material handling equipment requires local support for installation, maintenance, and parts availability. However, the company faces significant competitive pressures. The lifting equipment market includes numerous established competitors, and many product categories have become increasingly commoditized. Potential disruption could come from new technologies in automation and robotics that might bypass traditional material handling solutions, though this could also create opportunities for Columbus McKinnon's precision conveyance business. Asian manufacturers continue to compete aggressively on price, particularly in standard product lines. The company's acquisitions of Dorner, Garvey, and Montratec represent attempts to strengthen its competitive position by moving into higher-growth, higher-margin automation markets. The precision conveyance platform offers better differentiation opportunities compared to traditional lifting products, but this market is also competitive with established players like Daifuku, Dematic, and numerous specialized automation companies.
Risks & safety
Columbus McKinnon presents a moderate margin of safety profile with manageable financial risks but some valuation concerns. **Debt and Solvency:** - Current ratio of 2.03 indicates adequate short-term liquidity - Total debt-to-equity ratio of 0.56 is reasonable for an industrial company - Net leverage ratio targeting 2.3x by fiscal year-end, down from higher levels - Free cash flow of $6.2 million in Q3 2024, though significantly lower than prior periods - Company has been actively paying down debt, targeting $50 million reduction in fiscal 2024 **Valuation Metrics:** - P/E ratio of 67.3 appears quite elevated, reflecting recent earnings volatility - EV/EBITDA of 14.6 is moderately high for an industrial manufacturer - Price-to-book ratio of 1.22 seems reasonable given asset base - Graham number suggests potential undervaluation, though this metric has limitations for cyclical industrials **Other Considerations:** - Cyclical end markets create earnings volatility risk - Integration costs from recent acquisitions impacting near-term profitability - Supply chain and inflation pressures ongoing though moderating - Strong backlog of $355 million provides some revenue visibility
Recent development
Columbus McKinnon has undergone significant strategic transformation over the past few years, pivoting from a traditional lifting equipment manufacturer to a more diversified intelligent motion solutions provider. The most significant development has been the aggressive expansion of the precision conveyance platform through strategic acquisitions, including Dorner and Garvey (completed prior to the analyzed period) and more recently Montratec, which added approximately $30 million in annual revenue with expectations to grow to $40 million. The company has been actively reshaping its manufacturing footprint, opening a new 165,000 square foot facility in Monterey, Mexico, while consolidating operations from Santiago, Mexico. This facility consolidation strategy aims to improve operational efficiency and reduce costs while maintaining production capacity. The company has also been implementing the Columbus McKinnon Business System (CMBS) to drive operational improvements and standardize processes across facilities. Product development initiatives have focused on intelligent motion solutions, including the launch of Intelli-Connect Mobile Plus and various automation technologies. The company has been pursuing an 80/20 strategy to simplify product lines and eliminate complexity, which may result in modest volume declines but should improve margins and operational efficiency. Financially, Columbus McKinnon has been focused on debt reduction and margin expansion. The company refinanced its debt structure to reduce costs and eliminate financial covenant testing, providing greater financial flexibility. Management has set ambitious targets including reaching $1.5 billion in revenue with 21% EBITDA margins by fiscal 2027, representing significant growth from current levels. The company is also targeting 40% gross margins by 2027, up from current levels in the high 30s, through operational improvements, favorable mix shifts toward precision conveyance, and pricing initiatives.
CMCO company profile · for informational purposes only — not investment advice.
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