Earnings summaries and quarterly performance for COLUMBUS MCKINNON.
Executive leadership at COLUMBUS MCKINNON.
David Wilson
Detailed
President and Chief Executive Officer
CEO
AW
Adrienne Williams
Detailed
SVP and Chief Human Resources Officer
AK
Alan Korman
Detailed
SVP, General Counsel, Corp. Development and Secretary
AC
Appal Chintapalli
Detailed
President, EMEA and APAC
GR
Gregory Rustowicz
Detailed
Executive Vice President, Finance and Chief Financial Officer
JA
Jon Adams
Detailed
President, Americas
MR
Mario Ramos Lara
Detailed
Chief Product Technology Officer, GM Latin America
MP
Mark Paradowski
Detailed
SVP, Information Services and Chief Digital Officer
Board of directors at COLUMBUS MCKINNON.
Research analysts who have asked questions during COLUMBUS MCKINNON earnings calls.
SF
Steve Ferazani
Sidoti & Company
4 questions for CMCO
Also covers: AROC, ASTE, BRC +16 more
James Kirby
JPMorgan Chase & Co.
3 questions for CMCO
Also covers: AER, AL, SAVE +1 more
JT
Jonathan Tanwanteng
CJS Securities
3 questions for CMCO
Also covers: APG, ATRO, CSWI +15 more
MS
Matt Summerville
D.A. Davidson & Co.
2 questions for CMCO
Also covers: ALTG, AME, AOS +17 more
WL
Walter Liptak
Seaport Research Partners
2 questions for CMCO
Also covers: FELE, FSS, GGG +12 more
CH
Canyon Hayes
D.A. Davidson & Co.
1 question for CMCO
Also covers: ADSE, ALTG, FEAM
CS
Charles Strauzer
CJS Securities
1 question for CMCO
Also covers: DFIN, DLX, ICUI +2 more
Recent press releases and 8-K filings for CMCO.
Columbus McKinnon Announces Preliminary Q3 2026 Results and Kito Crosby Acquisition Details
CMCO
M&A
Earnings
Debt Issuance
- Columbus McKinnon reported preliminary unaudited financial results for the third quarter ended December 31, 2025, with estimated net sales ranging from $250 million to $260 million and Adjusted EPS between $0.58 and $0.63.
- The company is acquiring Kito Crosby for $2.7 billion, with the transaction expected to close in Q1 CY2026, funded by new debt financing and an $800 million perpetual convertible preferred equity investment.
- A pending divestiture of certain U.S. operations is anticipated to generate approximately $160 million in net proceeds to reduce the Term Loan B.
- The pro forma combined company, including Kito Crosby and estimated synergies, is projected to achieve approximately $2.0 billion in annual net sales and a ~22% Pro Forma Adjusted EBITDA Margin for the TTM ended September 30, 2025.
- Post-transaction, management's top priority is de-leveraging, targeting a Net Leverage Ratio under 4.0x by the end of FY28 and a long-term goal of ~2.0x.
1 day ago
Columbus McKinnon Announces Preliminary Q3 FY2026 Financial Results
CMCO
Earnings
Guidance Update
Demand Weakening
- Columbus McKinnon (CMCO) announced estimated preliminary unaudited financial results for the third quarter ended December 31, 2025, with net sales expected to range between $250 million to $260 million.
- Adjusted EBITDA for the quarter is estimated between $38 million to $40 million, and Adjusted EPS between $0.58 to $0.63.
- For the nine months ended December 31, 2025, the company anticipates net sales between $747 million to $757 million, Adjusted EBITDA of $115 million to $117 million, and Adjusted EPS of $1.70 to $1.75.
- Orders received in Q3 FY2026 are estimated between $245 million and $250 million, a decrease compared to $253.7 million in Q2 FY2026.
- Backlog as of December 31, 2025, is projected to be between $335 million and $345 million, representing a 3% decrease at the midpoint from the second quarter of fiscal 2026.
1 day ago
Columbus McKinnon Announces Divestiture and Provides Kito Crosby Acquisition Update
CMCO
M&A
Guidance Update
Debt Issuance
- Columbus McKinnon Corporation (CMCO) announced a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations for $210 million plus a potential $25 million earn-out, with the transaction expected to close in the first quarter of calendar year 2026.
- Approximately $160 million in cash proceeds from the divestiture are expected to be used to reduce debt incurred for the previously announced Kito Crosby acquisition.
- The Kito Crosby acquisition is still expected to close in the first quarter of calendar year 2026 and is projected to generate $70 million of annual net run rate cost synergies.
- On a pro forma basis, inclusive of both transactions and assuming an April 1, 2025 closing, CMCO expects to deliver approximately $2.00 billion to $2.05 billion in net sales and between $440 million and $460 million of Adjusted EBITDA for fiscal 2026.
- The company anticipates de-leveraging to a Net Leverage Ratio below 4.0x by the end of fiscal 2028 following the completion of the Kito Crosby acquisition.
1 day ago
Columbus McKinnon Updates on Kito Crosby Acquisition and Announces Divestiture
CMCO
M&A
Guidance Update
Debt Issuance
- Columbus McKinnon expects to close the Kito Crosby acquisition in the first quarter of calendar year 2026.
- The company has entered into an agreement to sell its U.S. power chain hoist and chain manufacturing operations for $210 million plus a potential $25 million earn-out, with $160 million in cash proceeds (after taxes and costs) to be used for debt reduction related to the Kito Crosby acquisition.
- CMCO anticipates $70 million of annual net run rate cost synergies from the Kito Crosby acquisition.
- Pro forma fiscal 2026 outlook, assuming both transactions closed on April 1, 2025, includes $2.00 billion to $2.05 billion in net sales and $440 million to $460 million of Adjusted EBITDA.
- The company expects to de-leverage to a Net Leverage Ratio below 4.0x by the end of fiscal 2028 following the completion of the Kito Crosby acquisition.
1 day ago
Columbus McKinnon discusses Kito Crosby acquisition and financial outlook
CMCO
M&A
Guidance Update
New Projects/Investments
- Columbus McKinnon (CMCO) recently announced the acquisition of Kito Crosby, which is expected to close in the first calendar quarter of next year, creating a combined entity with approximately $2 billion in total revenue and targeting mid-20% EBITDA margins post-synergies.
- The company anticipates $70 million of net synergies over three years from the Kito Crosby acquisition, with plans to deleverage from roughly 4.8-5 times leverage post-closing to three turns in a couple of years and 2-2.5 times between years three and four.
- In the most recently completed quarter, CMCO achieved 8% revenue growth and expanded margins sequentially, with its backlog remaining at high levels.
- CMCO expects to be impacted by $10 million in tariff costs for the full year, with approximately $3 million of that impact occurring in the current third quarter.
Nov 12, 2025, 10:05 PM
CMCO Reports Q2 Fiscal 2026 Results, Updates Sales Guidance, and Provides Kito Crosby Acquisition Update
CMCO
Earnings
Guidance Update
M&A
- Columbus McKinnon reported strong Q2 fiscal 2026 results, with net sales increasing 8% year over year to $261 million and adjusted EPS improving sequentially to $0.62.
- The company updated its full-year fiscal 2026 net sales guidance to low to mid single-digit growth, up from previous guidance, while reaffirming adjusted EPS guidance of flat to slightly up year over year.
- Management expects a $10 million tariff-related cost impact to operating profit for fiscal 2026, with efforts to achieve tariff cost neutrality by the end of fiscal 2026 and margin neutrality in fiscal 2027.
- The pending Kito Crosby acquisition is now expected to close by the end of the current fiscal year, with the combined entity projected to have over $2 billion in sales post-integration.
- Backlog remains healthy at $352 million, an 11% increase versus the prior year, despite a 3% year-over-year decrease in orders due to large project orders in the prior year.
Oct 30, 2025, 2:00 PM
CMCO Announces Q2 FY26 Results with 8% Net Sales Growth and Reaffirms FY26 Guidance
CMCO
Earnings
Guidance Update
M&A
- CMCO reported Q2 FY26 net sales of $261 million, an 8% increase year-over-year, alongside Adjusted EPS of $0.62 and Adjusted EBITDA of $37 million.
- Orders for the quarter were $254 million, a 3% decrease, but the backlog increased 11% to $352 million, supported by 11% U.S. orders growth.
- Net income for Q2 FY26 was $5 million, which included $10 million in Kito Crosby acquisition-related expenses.
- The company generated $15.1 million in Free Cash Flow during the quarter.
- For fiscal year 2026, CMCO reaffirmed guidance for net sales to be up low-to-mid single digits and Adjusted EPS to be flat to slightly up, anticipating a $0.25 to $0.30 per share headwind to Adjusted EPS from tariffs, with this guidance excluding the pending Kito Crosby acquisition.
Oct 30, 2025, 2:00 PM
Columbus McKinnon Reports Q2 FY26 Sales Growth and Reaffirms Guidance
CMCO
Earnings
Guidance Update
M&A
- Columbus McKinnon reported Q2 FY26 net sales of $261.0 million, an 8% increase compared to the prior-year period, driven by growth across all platforms with particular strength in lifting and linear motion.
- Net income for Q2 FY26 was $4.6 million, with a 1.8% net income margin, and Adjusted EBITDA increased 22% sequentially to $37.4 million, representing a 14.3% Adjusted EBITDA Margin.
- The company reaffirmed its fiscal year 2026 guidance for Adjusted EPS to be flat to slightly up and increased its outlook for net sales to be up low-to-mid single digits.
- Orders for Q2 FY26 were $253.7 million, and the backlog increased 11% to $351.6 million; the company also noted $10.0 million in Kito Crosby acquisition-related expenses for the quarter, with the acquisition expected to close by the end of the fiscal year.
Oct 30, 2025, 10:51 AM
Columbus McKinnon Reports Q2 FY26 Financial Results and Reaffirms Guidance
CMCO
Earnings
Guidance Update
M&A
- Columbus McKinnon reported net sales of $261.0 million for its fiscal year 2026 second quarter, an 8% increase compared to the prior-year period.
- Orders totaled $253.7 million, with U.S. orders growing 11% despite a weaker macroeconomic landscape in EMEA.
- The company recorded net income of $4.6 million and Adjusted EBITDA of $37.4 million, which increased 22% sequentially.
- Backlog grew 11% to $351.6 million.
- Columbus McKinnon increased its net sales outlook and reaffirmed Adjusted EPS guidance for fiscal year 2026.
Oct 30, 2025, 10:45 AM
COLUMBUS MCKINNON CORP Amends Credit Agreement, Extends Maturity
CMCO
Debt Issuance
Accounting Changes
- Columbus McKinnon Corporation entered into a Fifth Amendment to its Amended and Restated Credit Agreement on September 23, 2025.
- The amendment extends the maturity date for the Revolving Credit Facility from May 14, 2026 to February 13, 2028.
- The formula for calculating the Total Leverage Ratio was amended, increasing the limit on Approved Restructuring Charges from $10.0 million to $30.0 million during any twelve-month period and revising the limit on charges for Material Acquisitions from 15% to 20% of Consolidated EBITDA.
- Compliance with the Leverage Covenant is now triggered only if revolving loans exceeding 30.0% of the Revolving Commitments are outstanding on the last day of any fiscal quarter, a change from the prior trigger of any outstanding revolving loans.
Sep 24, 2025, 8:12 PM
Quarterly earnings call transcripts for COLUMBUS MCKINNON.
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