Columbus McKinnon Corporation is a global designer, manufacturer, and marketer of intelligent motion solutions for material handling. Headquartered in Charlotte, North Carolina, the company provides hoists, crane components, precision conveyor systems, rigging tools, and digital power and motion control systems. It serves diverse industries, including manufacturing, transportation, energy, aerospace, and entertainment.
Financial Statements
In thousands, USD
FY 2026
FY 2025
FY 2024
FY 2023
Total Revenues
1,193,451
963,027
1,013,540
936,240
Cost of Sales
834,020
637,347
638,702
594,141
Gross Profit
359,431
325,680
374,838
342,099
Selling Expenses
133,579
110,043
105,341
102,528
General and Administrative Expenses
178,325
107,249
106,760
94,794
Research and Development Expenses
21,409
23,869
26,193
20,935
Net Gain on Sales of Businesses
(103,306)
0
0
0
Loss on Impairment of Goodwill
200,000
0
0
0
Amortization of Intangibles
48,757
29,946
29,396
26,001
Operating Profit
(119,333)
54,573
107,148
97,841
Interest and Debt Expense
(61,145)
(32,426)
(37,957)
(27,942)
Cost of Debt Refinancing
(24,185)
0
0
0
Investment Income, Net
2,182
1,302
1,759
315
Foreign Currency Exchange Loss (Gain), Net
(5,551)
(3,179)
(1,826)
2,189
Other (Income) Expense, Net
1,525
(25,775)
(7,597)
2,072
Income Before Provision for Income Taxes
(206,507)
(5,505)
61,527
74,475
Provision for Income Taxes
22,930
(367)
14,902
26,046
Consolidated Net Income
(229,437)
(5,138)
46,625
48,429
Net Income Attributable to Noncontrolling Interest
(98)
0
0
0
Net Income (Loss) Attributable to Columbus McKinnon
(229,535)
(5,138)
46,625
48,429
Less: Net Loss Attributable to Preferred Stockholders
(17,050)
0
0
0
Net Income (Loss) Attributable to Common Stockholders
(212,485)
(5,138)
46,625
48,429
Basic EPS
(7.40)
(0.18)
1.62
1.69
Diluted EPS
(7.40)
(0.18)
1.61
1.68
Basic Weighted Average Shares Outstanding
28,714
28,738
28,728
28,600
Diluted Weighted Average Shares Outstanding
28,714
28,738
29,026
28,818
FY 2026
FY 2025
FY 2024
FY 2023
Cash and Cash Equivalents
96,562
53,683
114,126
133,176
Total Cash and Cash Equivalents
96,562
53,683
114,126
133,176
Accounts Receivable
380,198
165,481
171,186
151,451
Total Trade Receivables
380,198
165,481
171,186
151,451
Inventories
609,030
198,598
186,091
179,359
Other Current Assets
95,071
48,007
42,752
32,254
Total Current Assets
1,180,861
465,769
514,155
496,240
Net Property, Plant & Equipment
408,508
106,164
106,395
94,360
Net Intangible Assets
1,609,662
356,562
385,634
362,537
Goodwill
1,408,640
710,807
710,334
644,629
Long-Term Investments
10,223
10,112
11,447
10,368
Other Long-Term Assets
166,809
89,374
97,980
90,321
Total Assets
4,784,703
1,738,788
1,825,945
1,698,455
Accounts Payable
168,907
93,273
83,118
76,736
Accrued Expenses
249,009
113,907
127,973
124,317
Current Portion of Long-Term Debt
166,418
50,739
50,670
40,604
Total Current Liabilities
584,334
257,919
261,761
241,657
Long-Term Debt
2,226,589
420,236
479,566
430,988
Other Long-Term Liabilities
525,151
178,538
202,555
192,013
Total Long-Term Liabilities
2,751,740
598,774
682,121
623,001
Total Liabilities
3,336,074
856,693
943,882
864,658
Preferred Stock
789,845
—
—
—
Common Stock
287
286
288
286
Treasury Stock
(11,000)
(11,000)
(1,001)
(1,001)
Additional Paid-in Capital
540,536
531,750
527,125
515,797
Accumulated Other Comprehensive Income
(6,748)
(21,101)
(39,677)
(38,043)
Retained Earnings
135,807
382,160
395,328
356,758
Total Common Shareholders' Equity
1,448,727
882,095
882,063
833,797
Total Shareholders' Equity
1,448,727
882,095
882,063
833,797
Total Liabilities and Shareholders' Equity
4,784,703
1,738,788
1,825,945
1,698,455
FY 2026
FY 2025
FY 2024
FY 2023
Net Income
(229,535)
(5,138)
46,625
48,429
Depreciation & Amortization
77,038
48,187
45,945
41,947
Share-Based Compensation Expense
9,569
6,256
12,039
10,425
Other Adjustments
122,864
21,060
(56)
8,739
Changes in Trade Receivables
(10,675)
4,482
(14,428)
(4,858)
Changes in Inventories
15,268
(13,042)
(1,314)
(9,087)
Changes in Accounts Payable
(2,646)
11,144
4,748
(13,964)
Changes in Accrued Expenses
(129,800)
(250)
(9,583)
9,150
Changes in Other Operating Activities
1,706
(27,087)
(16,778)
(7,145)
Cash from Operating Activities
(146,211)
45,612
67,198
83,636
Capital Expenditure
(17,859)
(21,411)
(24,813)
(12,632)
Proceeds from Sale of Property, Plant & Equipment
3,257
139
—
373
Purchases of Investments
(3,174)
(3,676)
(4,076)
(4,021)
Proceeds from Sale of Investments
3,535
5,057
3,526
3,651
Payments for Business Acquisitions
(2,627,389)
—
(108,145)
(1,616)
Proceeds from Business Divestments
183,976
—
—
—
Other Investing Activities
—
—
144
313
Cash from Investing Activities
(2,457,654)
(19,891)
(133,364)
(13,932)
Issuance of Long-Term Debt
2,590,000
—
120,000
—
Repayments of Long-Term Debt
(616,177)
(60,670)
(60,604)
(40,550)
Net Issuance / (Repayments) of Long-Term Debt
1,973,823
(60,670)
59,396
(40,550)
Issuance of Common Shares
30
371
1,600
713
Repurchases of Common Shares
—
(10,000)
—
(1,001)
Net Issuance / (Repurchases) of Common Shares
30
(9,629)
1,600
(288)
Issuance of Preferred Shares
780,978
—
—
—
Net Issuance / (Repurchases) of Preferred Shares
780,978
—
—
—
Common Share Dividends Paid
(8,037)
(8,042)
(8,044)
(8,008)
Other Financing Activities
(93,380)
(8,406)
(4,751)
(1,141)
Cash from Financing Activities
2,653,414
(86,747)
48,201
(49,987)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
(6,459)
583
(1,085)
(1,931)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash