Columbus McKinnon Corporation logo CMCO - Columbus McKinnon Corporation

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| PRICE TARGET: $20.00 DETAILS
HIGH: $20.00
LOW: $20.00
MEDIAN: $20.00
CONSENSUS: $20.00
UPSIDE: 26.42%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 963.0 1,013.5 936.2 906.6 649.6 809.2 876.3 839.4 637.1 597.1 579.6 583.3 597.3 591.9 524.1 476.2 606.7 623.3 589.8 556.0 514.8 444.6 453.3 480.0 728.0 736.3 735.4 510.7 359.4 209.8
Cost of Revenue 637.3 638.7 594.1 590.8 429.4 526.0 571.3 554.8 444.2 409.8 398.0 402.2 423.0 434.2 398.0 360.2 433.0 438.8 425.2 408.4 388.8 339.7 346.0 359.6 523.1 589.2 531.2 354.2 245.9 145.1
Gross Profit 325.7 374.8 342.1 315.7 220.2 283.2 305.0 284.6 192.9 187.3 181.6 181.0 174.2 157.7 126.1 115.9 173.7 184.6 164.6 147.6 125.9 104.8 107.3 120.5 204.8 147.0 204.2 156.5 113.5 64.7
Operating Expenses
R&D Expenses 23.9 26.2 20.9 15.4 12.4 11.3 13.5 13.6 10.4 7.4 5.2 5.5 5.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 217.3 212.1 197.3 201.3 152.9 168.9 181.5 185.3 157.7 141.7 124.7 124.7 117.9 111.5 103.5 101.4 110.3 109.6 95.8 87.9 84.0 73.4 74.0 71.8 90.4 50.5 92 69.5 57.2 33
Other Expenses 29.9 29.4 26.0 25.3 12.6 12.9 0.7 0.7 0.1 0.4 0.5 1.4 0.4 2.1 1.8 1.9 1.0 2.6 0.2 0.2 0.3 0.4 4.2 (9.6) 16.0 28.5 27.3 19.1 11.3 5.2
Operating Expenses 271.1 267.7 244.3 241.9 178.0 193.2 209.9 214.5 165.8 146.7 127.0 126.7 119.9 113.6 105.3 103.2 111.3 112.2 96.0 88.1 84.3 73.7 78.3 62.2 106.4 79.0 119.3 88.6 68.5 38.2
Operating Income
Operating Income 54.6 107.1 97.8 73.8 42.3 89.8 69.4 70.1 26.0 40.6 54.6 54.4 54.4 45.1 18.6 (3.8) (46.6) 71.1 68.5 57.9 40.7 29.9 25.4 48.7 70.2 68.0 84.9 67.9 45 26.5
Interest Expense 32.4 38.0 27.9 20.1 12.1 14.2 17.1 19.7 11.0 7.9 12.4 13.5 13.8 14.2 13.5 13.2 13.1 14.6 0 0 0 0 32 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 75.1 145.4 146.7 105.6 50.3 128.7 103.8 105.6 48.1 58.8 63.0 69.6 68.5 58.9 29.7 12.8 (34.4) 82.1 76.7 78.3 48.0 44.9 43.9 80.7 94.1 141.5 155.1 89.8 56.3 31.7
EBIT 26.9 99.5 96.9 55.7 22.2 91.6 70.0 69.4 24.0 39.5 54.6 56.2 56.4 47.0 18.6 0.3 (45.0) 72.3 68.6 59.5 41.6 31.1 29.1 58.3 65.9 96.6 112.3 69.9 45 26.5
Income Before Tax (5.5) 61.5 74.5 38.4 10.1 77.2 52.9 49.7 13.0 31.6 36.0 42.7 42.6 32.8 5.1 (12.9) (58.1) 59.5 53.9 28.2 18.3 5.2 (4.5) (3.7) 34.7 34.7 50.7 45.8 34 21.7
Income Tax Expense (0.4) 14.9 26.0 8.8 1.0 17.5 10.3 27.6 4.0 12.0 8.8 12.3 (35.7) 6.9 41.4 (5.3) 18.0 22.7 20.5 (30.9) 2.2 4.0 1.5 2.3 19.5 17.6 23.3 22.4 15.6 8.7
Net Income (5.1) 46.6 48.4 29.7 9.1 59.7 42.6 22.1 9.0 19.6 27.2 30.4 78.3 27.0 (36.0) (7.0) (78.4) 37.3 34.1 59.8 16.7 1.2 (14.0) (135.4) 15.2 17.1 27.4 18.9 15.2 13
Per Share Data
EPS (Basic) -0.18 1.62 1.69 1.06 0.38 2.53 1.83 0.97 0.44 0.98 1.36 1.55 4.03 1.40 -1.89 -0.37 -4.16 1.99 1.84 3.73 1.10 0.08 -0.97 -9.39 1.04 1.57 1.63 1.69 1.15 1.69
EPS (Diluted) -0.18 1.61 1.68 1.04 0.38 2.50 1.80 0.95 0.43 0.96 1.34 1.52 3.98 1.38 -1.89 -0.37 -4.16 1.95 1.80 3.60 1.09 0.08 -0.97 -9.39 1.04 1.57 1.63 1.66 1.15 1.69
Shares Outstanding 28.7 28.7 28.6 28.0 23.9 23.6 23.3 22.8 20.6 20.1 19.9 19.7 19.4 19.3 19.0 19.0 18.9 18.7 18.5 16.1 14.6 14.6 14.5 14.4 14.3 10.9 14.1 14.2 13.2 7.7
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 53.7 114.1 133.2 115.4 202.1 114.5 71.1 63.0 77.6 51.6 64.0 39.2 9.5 11.1 1.9 13.1 14.0 7.6 6.9 22.8 8.9 10.2
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 165.5 173.7 151.5 147.5 105.5 123.7 129.2 127.8 111.6 83.8 70.2 80.2 97.8 89.5 88.2 82.3 99.9 167.8 146.8 133.1 74.4 38.7
Inventory 198.6 186.1 179.4 172.1 111.5 127.4 146.3 152.9 130.6 118.0 79.8 100.6 77.6 69.1 78.6 89.7 113.2 108.3 116 107.7 94.4 48.3
Other Current Assets 48.0 42.8 32.3 31.5 0 0 0 0 3.4 19.3 6.1 7.3 13.8 2.8 1.8 25.8 51.1 15.5 16.3 20.4 28.7 1.8
Total Current Assets 465.8 514.2 496.2 466.6 441.8 382.7 362.6 360.3 340.9 272.7 230.0 238.1 199.1 188.0 181.4 219.3 304.2 299.2 286 284 206.4 99
Non-Current Assets
Property, Plant & Equipment 106.2 172.0 94.4 97.9 74.8 79.5 87.3 113.1 113.0 104.8 57.1 62.1 57.2 58.8 67.3 70.7 85.3 87.3 90 81.9 63.9 30.9
Goodwill 710.8 710.3 644.6 648.8 331.2 319.7 322.8 347.4 319.3 170.7 105.1 104.7 0 0 0 0 0 0 0 0 0 0
Intangible Assets 356.6 385.6 362.5 390.8 213.4 218.0 232.9 263.8 256.2 122.1 19.0 20.3 187.3 193.0 195.1 200.8 322.2 339.6 357.7 368.1 250.1 43
Long-Term Investments 10.1 11.4 10.4 10.3 8.0 7.3 7.0 7.7 7.7 18.2 29.4 28.8 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 86.5 30.6 88.3 68.9 61.3 59.8 21.2 17.8 14.8 11.3 4.0 5.0 31.1 27.2 23.6 30.3 29.6 33.8 33.2 29.7 27.8 15.8
Total Non-Current Assets 1,273.0 1,311.8 1,202.2 1,219.1 708.6 710.5 699.0 782.2 772.9 500.3 251.5 253.5 281.7 285.3 301.2 305.0 442.8 460.6 480.9 479.7 341.8 89.7
Total Assets 1,738.8 1,825.9 1,698.5 1,685.7 1,150.4 1,093.3 1,061.6 1,142.4 1,113.8 773.0 481.5 491.7 480.9 473.4 482.6 524.3 747.0 759.8 766.9 763.7 548.2 188.7
Current Liabilities
Account Payables 93.3 83.1 76.7 90.9 68.6 57.3 47.0 47.0 41.0 36.1 33.5 33.3 33.7 30.1 28.7 31.6 28.5 49.6 54.7 58.6 28.3 15.7
Short-Term Debt 50 50 40.6 40.6 4.5 4.5 65 60.1 52.6 43.2 2.0 6.0 10.7 7.7 7.2 149.2 6.1 6.2 6.5 4.3 23.9 3
Deferred Revenue 17.4 17.5 27.8 22.9 15.6 13.5 14.9 18.9 19.2 10.4 52.8 50.4 52.0 48.4 36.5 39.5 48.5 0 0 0 0 0
Other Current Liabilities 0 0 0 37.0 13.9 0 62.4 62.6 68.7 15.1 33.3 26.3 19.5 0.6 2.3 0.9 24.6 55.5 59.4 41.6 35.8 15.8
Total Current Liabilities 257.9 261.8 241.7 249.6 183.9 155.3 211.3 207.0 191.0 132.5 91.0 91.0 96.5 86.7 74.8 221.3 101.1 111.3 120.6 104.5 88 34.5
Non-Current Liabilities
Long-Term Debt 408.7 467.3 431.0 470.7 244.5 246.9 235.3 303.2 368.7 223.5 0 0 260.3 285.7 0 201.2 404.0 410.3 421.7 446.9 263.9 8.3
Deferred Tax Liabilities 28.3 40.5 46.0 41.6 17.6 18.2 20.1 30.3 28.7 0.1 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 90.5 101.4 99.5 127.3 147.0 177.7 163.7 193.7 184.1 129.8 203.2 218.8 42.4 37.9 355.1 30.2 34.1 34.8 35.9 45.8 46.1 8.3
Total Non-Current Liabilities 598.8 682.1 623.0 663.3 436.4 474.4 419.1 527.2 581.5 354.2 203.2 218.8 302.7 323.7 355.1 231.4 438.0 445.0 457.6 492.7 310 16.6
Total Liabilities 856.7 943.9 864.7 912.9 620.3 629.7 630.4 734.2 772.5 486.7 294.2 309.8 399.1 410.4 429.9 452.7 539.1 556.4 578.2 597.2 398 51.1
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0
Retained Earnings 382.2 395.3 356.8 316.3 293.8 290.4 236.5 197.9 179.7 174.2 34.9 41.9 (8.6) (25.4) (26.5) (12.5) 124.8 113.6 100.5 76.2 61 49.4
Accumulated Other Comprehensive Income (21.1) (39.7) (38.0) (49.9) (60.0) (114.3) (83.1) (59.3) (97.5) (94.7) (28.3) (38.2) (13.8) (15.7) (25.3) (20.9) (22.5) (17.2) (42) (30.9) (22.4) (15.7)
Total Stockholders' Equity 882.1 882.1 833.8 772.8 530.1 463.6 431.2 408.2 341.4 286.3 187.3 181.9 81.8 63.0 52.7 71.6 207.9 203.5 188.7 166.5 150.2 137.6
Total Liabilities & Equity 1,738.8 1,825.9 1,698.5 1,685.7 1,150.4 1,093.3 1,061.6 1,142.4 1,113.8 773.0 481.5 491.7 480.9 473.4 482.6 524.3 747.0 759.8 766.9 763.7 548.2 188.7
Debt Metrics
Total Debt 540.7 599.6 526.1 542.9 283.9 289.9 300.3 363.3 421.3 267.8 132.8 137.9 270.9 293.4 316.3 350.4 410.1 416.4 428.2 451.2 287.8 11.3
Net Debt 487.0 485.5 392.9 427.5 81.8 175.4 229.2 300.3 343.7 216.2 68.8 98.7 261.5 282.3 314.4 337.3 396.0 408.8 421.3 428.4 278.9 1.1
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income (5.1) 46.6 48.4 29.7 9.1 59.7 42.6 22.1 9.0 19.6 59.1 16.1 1.2 (6.0) (6.0) 15.2 17.1 27.4 23.4 18.4 13
Depreciation & Amortization 48.2 45.9 41.9 41.9 28.2 29.1 32.7 36.1 25.2 20.5 12.1 10.7 16.7 14.8 22.5 28.2 28.5 27.3 19.1 11.3 5.2
Stock-Based Compensation 6.3 12.0 10.4 11.2 8.0 4.5 6.2 5.6 5.9 4.1 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (24.8) (37.4) (25.9) (57.0) 37.4 (4.1) (29.5) (17.4) 6.0 0.1 7.0 (4.4) 8.8 4.0 28.3 (16.9) (13.3) 4.4 (2.3) (5.9) (0.8)
Other Non-Cash Items 41.3 15.2 9.0 25.1 24.9 10.2 28.5 3.3 13.9 1.1 2.2 (3.6) (6.8) 2.6 4.6 1.1 0.8 0.6 0 0.3 (0.1)
Operating Cash Flow 45.6 67.2 83.6 48.9 98.9 106.8 79.5 69.7 60.5 52.6 48.5 17.8 26.4 14.7 49.5 27.7 36.7 57.5 40.2 28.9 18.5
Investing Activities
Capital Expenditure (21.4) (24.8) (12.6) (13.1) (12.3) (9.4) (12.3) (14.5) (14.4) (22.3) (8.4) (5.9) (3.6) (5.0) (4.8) (10.2) (8.1) (33) (178.6) (9.4) (0.2)
Acquisitions 0 (108.1) (1.6) (539.8) 12.3 (0.2) 14.2 (3.4) (218.8) (182.5) 0 0 0 0 0 0 (6.4) 0 0 0 0
Purchases of Investments (3.7) (4.1) (4.0) (7.1) (4.9) (5.7) (2.6) (0.3) (3.2) (4.3) (0.9) 0 0 (0.7) (1.8) (2.1) (3.3) (2) (2.5) (2.1) (7.4)
Sales/Maturities of Investments 5.1 3.5 3.7 4.4 5.1 5.4 3.3 0.7 12.3 5.9 0 1.3 0.1 0 0 0 0 0 0 0 5.6
Other Investing Activities 0.1 0.1 0.7 1.3 (5.7) 0.1 (0.1) (14.8) (1.6) 1.6 2.9 7.1 7.8 21.7 4.9 5.0 (1.1) 11.1 4.6 (210.9) (71.9)
Investing Cash Flow (19.9) (133.4) (13.9) (554.3) (5.5) (10.0) 2.5 (32.3) (224.0) (203.2) (6.4) 2.5 4.3 16.0 (1.6) (7.3) (18.9) (23.9) (176.5) (222.4) (73.9)
Financing Activities
Net Debt Issuance (60.7) 59.4 (40.5) 247.2 (4.5) (51.1) (65.1) (60.1) 164.3 140.9 (67.8) (22.3) (17.7) (34.5) (46.7) (6.4) (11.8) (36.4) 164.2 201.2 (15.9)
Stock Repurchased (10) 0 (1.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (7.7) 0 0 (0.4)
Dividends Paid (8.0) (8.0) (8.0) (6.6) (5.7) (5.7) (4.7) (3.7) (3.3) (3.2) 0 0 0 0 (2.0) (4.0) (4.0) (3.7) (3.7) (4.4) (1.7)
Other Financing Activities (8.4) (4.8) (1.1) (29.5) (2.0) (0.8) (2.2) (2.0) (20.7) (0.9) (2.3) (0.0) (3.8) (7.4) 0.2 0.5 0.2 (0.3) (0.3) (10) (0.3)
Financing Cash Flow (86.7) 48.2 (50.0) 420.7 (10.2) (51.6) (67.8) (59.5) 190.1 137.0 (6.4) (21.9) (21.5) (41.9) (48.5) (9.9) (15.6) (48) 151.7 186.8 64.8
Cash Position
Net Change in Cash (60.4) (19.1) 17.8 (86.7) 87.7 43.4 7.8 (14.6) 26.0 (11.5) 36.1 (1.6) 9.2 (11.1) (0.9) 6.4 0.7 (15.9) 13.9 (7.8) 9.8
Cash at Beginning 114.4 133.4 115.6 202.4 114.7 71.3 63.6 77.6 51.6 63.1 9.5 11.1 1.9 13.1 14.0 7.6 6.9 22.9 8.9 16.7 0.4
Cash at End 53.9 114.4 133.4 115.6 202.4 114.7 71.3 63.0 77.6 51.6 45.6 9.5 11.1 1.9 13.1 14.0 7.6 7 22.8 8.9 10.2
Free Cash Flow 24.2 42.4 71.0 35.8 86.6 97.4 67.2 55.1 46.1 30.3 40.1 11.9 22.8 9.6 44.7 17.5 28.6 24.5 (138.4) 19.5 18.3
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 963.0 1,013.5 936.2 906.6 649.6 809.2 876.3 839.4 637.1 597.1 579.6 583.3 597.3 591.9 524.1 476.2 606.7 623.3 589.8 556.0 514.8 444.6 453.3 480.0 728.0 736.3 735.4 510.7 359.4 209.8
Gross Profit 325.7 374.8 342.1 315.7 220.2 283.2 305.0 284.6 192.9 187.3 181.6 181.0 174.2 157.7 126.1 115.9 173.7 184.6 164.6 147.6 125.9 104.8 107.3 120.5 204.8 147.0 204.2 156.5 113.5 64.7
Operating Income 54.6 107.1 97.8 73.8 42.3 89.8 69.4 70.1 26.0 40.6 54.6 54.4 54.4 45.1 18.6 (3.8) (46.6) 71.1 68.5 57.9 40.7 29.9 25.4 48.7 70.2 68.0 84.9 67.9 45 26.5
Net Income (5.1) 46.6 48.4 29.7 9.1 59.7 42.6 22.1 9.0 19.6 27.2 30.4 78.3 27.0 (36.0) (7.0) (78.4) 37.3 34.1 59.8 16.7 1.2 (14.0) (135.4) 15.2 17.1 27.4 18.9 15.2 13
EPS (Diluted) -0.18 1.61 1.68 1.04 0.38 2.50 1.80 0.95 0.43 0.96 1.34 1.52 3.98 1.38 -1.89 -0.37 -4.16 1.95 1.80 3.60 1.09 0.08 -0.97 -9.39 1.04 1.57 1.63 1.66 1.15 1.69
Balance Sheet
Cash & Equivalents 53.7 114.1 133.2 115.4 202.1 114.5 71.1 63.0 77.6 51.6 64.0 39.2 9.5 11.1 1.9 13.1 14.0 7.6 6.9 22.8 8.9 10.2
Total Assets 1,738.8 1,825.9 1,698.5 1,685.7 1,150.4 1,093.3 1,061.6 1,142.4 1,113.8 773.0 481.5 491.7 480.9 473.4 482.6 524.3 747.0 759.8 766.9 763.7 548.2 188.7
Total Debt 540.7 599.6 526.1 542.9 283.9 289.9 300.3 363.3 421.3 267.8 132.8 137.9 270.9 293.4 316.3 350.4 410.1 416.4 428.2 451.2 287.8 11.3
Stockholders' Equity 882.1 882.1 833.8 772.8 530.1 463.6 431.2 408.2 341.4 286.3 187.3 181.9 81.8 63.0 52.7 71.6 207.9 203.5 188.7 166.5 150.2 137.6
Cash Flow
Operating Cash Flow 45.6 67.2 83.6 48.9 98.9 106.8 79.5 69.7 60.5 52.6 48.5 17.8 26.4 14.7 49.5 27.7 36.7 57.5 40.2 28.9 18.5
Capital Expenditure (21.4) (24.8) (12.6) (13.1) (12.3) (9.4) (12.3) (14.5) (14.4) (22.3) (8.4) (5.9) (3.6) (5.0) (4.8) (10.2) (8.1) (33) (178.6) (9.4) (0.2)
Free Cash Flow 24.2 42.4 71.0 35.8 86.6 97.4 67.2 55.1 46.1 30.3 40.1 11.9 22.8 9.6 44.7 17.5 28.6 24.5 (138.4) 19.5 18.3