Columbus McKinnon (NASDAQ:CMCO) Issues Earnings Results

Columbus McKinnon (NASDAQ:CMCO) issued its quarterly earnings results on Tuesday. The industrial products company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.23, Zacks reports. Columbus McKinnon had a positive return on equity of 10.02% and a negative net margin of 21.25%. The company had revenue of $539.29 million for the quarter, compared to analysts’ expectations of $518.65 million. During the same period last year, the firm earned $0.62 EPS. The firm’s revenue for the quarter was up 106.6% on a year-over-year basis.

Here are the key takeaways from Columbus McKinnon’s conference call:

• Second-quarter performance exceeded expectations, with pro forma orders up 13%, sales up 6.6%, and adjusted EBITDA up 14% on a pro forma basis. Adjusted EBITDA margin expanded to 20.6%, supported by pricing, volume, operational execution, and early synergies from Kito Crosby.
• Management raised fiscal 2027 guidance to $2.13 billion–$2.17 billion in net sales, $425 million–$440 million in adjusted EBITDA, and $2.00–$2.15 in adjusted EPS. The company expects second-half margins to remain broadly consistent with the strong first-half performance, excluding one-time tariff refund benefits.
• Integration of Kito Crosby is progressing ahead of plan, with management expecting to meet or exceed its targeted net cost synergies and identifying additional revenue opportunities through cross-selling, expanded channels, and broader customer reach. Demand remained resilient across energy, defense, mobility, data centers, e-commerce, and general industrial markets.
• Year-to-date free cash flow was only $4.6 million as higher interest, taxes, and working-capital investments offset improved operating profits, although management expects working capital to become a cash tailwind in the second half. The company remains confident in reaching 4x leverage by the end of fiscal 2028, relying on stronger core EBITDA, synergy realization, and improved inventory and receivables management.
• The company continues to carry substantial debt, including a $1.4 billion term loan and $900 million of senior secured notes, while fiscal 2027 interest expense is projected at $185 million–$190 million. EMEA demand remains softer than the Americas and Asia-Pacific, and Middle East shipping routes continue to be less efficient despite management’s ability to navigate the constraints.

Columbus McKinnon Price Performance

NASDAQ CMCO opened at $18.15 on Wednesday. The stock has a market capitalization of $523.81 million, a P/E ratio of -2.43 and a beta of 1.49. Columbus McKinnon has a 1 year low of $11.99 and a 1 year high of $24.40. The business’s fifty day moving average is $16.27 and its two-hundred day moving average is $16.54. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.00 and a current ratio of 2.00.

Columbus McKinnon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, November 6th will be given a $0.07 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.28 annualized dividend and a yield of 1.5%. Columbus McKinnon’s payout ratio is -3.75%.

Trending Headlines about Columbus McKinnon

Here are the key news stories impacting Columbus McKinnon this week:

• Positive Sentiment: Fiscal Q2 FY2027 sales rose 106.6% year over year to $539.3 million, while adjusted EPS of $0.61 topped analyst expectations of roughly $0.37–$0.38. The company raised its FY2027 guidance for net sales, adjusted EBITDA and adjusted EPS. Company earnings release
• Positive Sentiment: Management said the Kito Crosby integration is on track, with synergies being realized ahead of plan; it also cited growth in both legacy CMCO and Kito Crosby businesses. Separately, CMCO shares crossed above their 200-day moving average, a potentially supportive technical signal. Article on moving-average crossover
• Neutral Sentiment: The sales surge was driven substantially by the Kito Crosby acquisition. A book-to-bill ratio of 1.0x indicates orders were converting to revenue, but offers limited evidence of accelerating future demand. Article on outlook and quarterly revenue
• Negative Sentiment: Despite beating estimates, EPS was slightly below the $0.62 reported a year earlier, and the company recorded a negative net margin. Those profitability figures temper the headline growth and guidance news. Quarterly earnings details

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Columbus McKinnon in a report on Thursday, October 29th. JPMorgan Chase & Co. lifted their target price on Columbus McKinnon from $25.00 to $29.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Zacks Research cut shares of Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Columbus McKinnon has a consensus rating of “Hold” and a consensus target price of $23.00.

Insider Activity at Columbus McKinnon

In related news, Director Christopher Stephens acquired 2,750 shares of Columbus McKinnon stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of $17.14 per share, with a total value of $47,135.00. Following the purchase, the director directly owned 22,317 shares in the company, valued at $382,513.38. The trade was a 14.05% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.09% of the company’s stock.

About Columbus McKinnon

Columbus McKinnon Corporation is a global manufacturer of intelligent motion solutions and lifting equipment. The company designs and supplies products used to move, lift, position and secure materials in industrial, commercial and infrastructure applications.

Its product portfolio includes electric and manual hoists, overhead cranes, winches, actuators, rigging equipment, load-positioning systems, crane controls and safety systems. Columbus McKinnon also offers automation technologies and software intended to improve the efficiency, safety and control of material-handling operations.