Columbus McKinnon CMCO

Nasdaq · Construction Machinery & Equip · $536M

$16.53−11.08%Nov 5 close · Databento

Every report since 2023 →

🔒 Click to interact · scroll moves the page

CMCO Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing

Nov 5, 2026CLOSE $16.531D −11.08%3M −14.40%SMA20 $15.34SMA50 $16.26RSI(14) 54.1

16.53

RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 54.1

Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.

The numbers

fiscal 2026, as filed with the SEC · 66-metric EOD snapshot via Databento

Market cap$536M

Enterprise value$3.0B

Revenue$1.2B +23.9%

True FCF (ex-SBC)$-173.6M −777.9%

Rule of 4010.2%

ROIC-3.4%

True FCF Yield-32.4%

EPS, diluted$-7.40 −4011.1%

Modern Valuation (EOD)

Market Cap$536M

Enterprise Value$3.0B

EV / True FCF—

EV / FCF—

EV / Gross Profit8.34

EV / EBIT—

EV / Sales2.51

P / E (GAAP)—

P / FCF—

P / Oper. CF—

P / Book0.37

Owner & Cash Yields

True FCF Yield-32.4%

FCF Yield-30.6%

Owner Earn. Yield-33.6%

Earnings Yield-42.8%

Shareholder Yield−0.3%

Buyback Yield0.0%

Dividend Yield1.69%

Dividend / sh$0.28

Payout Ratio-4%

FCF / sh$-5.67

EPS (diluted)$-7.40

Compounder & Returns

Rule of 4010.2%

ROIC-3.4%

Cash ROIC (CROIC)-4.2%

GP / Assets7.5%

ROE-15.8%

ROA-4.8%

Gross Margin30.1%

Oper. Margin-10.0%

Net Margin-19.2%

FCF Margin-13.7%

True FCF Margin-14.5%

Quality & Dilution

Cash Conversion—

Accrual Ratio−1.7%

SBC % of FCF—

SBC % of Rev0.8%

Reinvest. Rate—

Sales Growth Y/Y+23.9%

Sales 3Y CAGR+8.4%

EPS Growth Y/Y−4011.1%

FCF Growth Y/Y−777.9%

FCF 3Y CAGR—

Share Change Y/Y−0.1%

Balance Sheet & Scale

Revenue (FY)$1.2B

Gross Profit (FY)$359.4M

Oper. Income (FY)$-119.3M

GAAP Net Income$-229.5M

True FCF (ex-SBC)$-173.6M

Cash & Equiv$97.0M

Total Debt$2.6B

Net Cash (Debt)$-2.5B

Net Cash % MCap−459.5%

Debt / FCF (yrs)—

Current Ratio2.0228.93M sh

Price & Technicals (EOD)

Perf Week+8.39%

Perf Month+2.29%

Perf Quarter−18.25%

Perf Half Y+4.62%

Perf YTD+3.12%

SMA 20 Dist+7.74%$15.34

SMA 50 Dist+1.67%$16.26

SMA 100 Dist+1.48%$16.29

Window High−23.44%$21.59

Window Low+36.39%$12.12

RSI (14) · Vol54.182%v

Income Distribution & Cash Flow ConversionHow every dollar of CMCO revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow

Where Every $100 of Revenue Goes (FY2026)

Cost of Revenue (COGS)$834.0M ($69.9 / $100)

R&D Reinvestment$21.4M ($1.8 / $100)

Operating Expenses$457.4M ($38.3 / $100)

Tax & Non-Operating$110.2M ($9.2 / $100)

Net Profit Kept$-229.5M ($0.0 / $100)

Earnings Quality: GAAP Profit → True Owner Cash (FY2026)

GAAP Net Income$-229.5M (-19.2% margin)

Operating Cash Flow (OCF)$-146.2M(-12.3% of rev)

Less: Capital Expenditures−$17.9M(1.5% of rev)

Standard Free Cash Flow (FCF)$-164.1M(-13.7% margin)

Less: Stock-Based Comp (SBC)−$9.6M

True FCF (Owner Cash ex-SBC)$-173.6M(-14.5% of rev)

Revenue by fiscal year

Operating leverage — margins

GrossOperatingNet

Line Item (USD)	FY2022	FY2023	FY2024	FY2025	FY2026	YoY Δ	4Y CAGR
Income Statement
Revenue	$906.6M	$936.2M	$1.0B	$963.0M	$1.2B	+23.9%	+7.1%
Cost of Revenue (COGS)	$590.8M	$594.1M	$638.7M	$637.3M	$834.0M	+30.9%	+9.0%
Gross Profit	$315.7M	$342.1M	$374.8M	$325.7M	$359.4M	+10.4%	+3.3%
Research & Development (R&D)	$15.4M	$20.9M	$26.2M	$23.9M	$21.4M	−10.3%	+8.7%
Total Operating Expenses	$241.9M	$244.3M	$267.7M	$271.1M	$478.8M	+76.6%	+18.6%
Operating Income (EBIT)	$73.8M	$97.8M	$107.1M	$54.6M	$-119.3M	−318.7%	—
Income Tax Expense	$8.8M	$26.0M	$14.9M	$-367,000	$22.9M	+6348.0%	+27.1%
GAAP Net Income	$29.7M	$48.4M	$46.6M	$-5.1M	$-229.5M	−4367.4%	—
Diluted EPS	$1.04	$1.68	$1.61	$-0.18	$-7.40	−4011.1%	—
Diluted Shares	28.4M	28.8M	29.0M	28.7M	28.7M	−0.1%	+0.3%
Balance Sheet
Cash & Equivalents	$115.6M	$133.4M	$114.4M	$53.9M	$97.0M	+79.9%	−4.3%
Inventory	$172.1M	$179.4M	$186.1M	$198.6M	$609.0M	+206.7%	+37.1%
Total Current Assets	$466.6M	$496.2M	$514.2M	$465.8M	$1.2B	+153.5%	+26.1%
Total Assets	$1.7B	$1.7B	$1.8B	$1.7B	$4.8B	+175.2%	+29.8%
Total Current Liabilities	$249.6M	$241.7M	$261.8M	$257.9M	$584.3M	+126.6%	+23.7%
Total Debt (Short + Long Term)	$537.7M	$498.1M	$567.3M	$508.7M	$2.6B	+403.1%	+47.7%
Total Liabilities	$912.9M	$864.7M	$943.9M	$856.7M	$3.3B	+289.4%	+38.3%
Stockholders' Equity	$772.8M	$833.8M	$882.1M	$882.1M	$1.4B	+64.2%	+17.0%
Net Cash / (Net Debt)	$-422.0M	$-364.6M	$-452.9M	$-454.8M	$-2.5B	−441.5%	—
Invested Capital	$1.2B	$1.2B	$1.3B	$1.3B	$3.9B	+192.6%	+34.5%
Cash Flow & Capital Allocation
Operating Cash Flow (OCF)	$48.9M	$83.6M	$67.2M	$45.6M	$-146.2M	−420.6%	—
Depreciation & Amortization (D&A)	$41.9M	$41.9M	$45.9M	$48.2M	$77.0M	+59.9%	+16.4%
Stock-Based Compensation (SBC)	$11.2M	$10.4M	$12.0M	$6.3M	$9.6M	+53.0%	−4.0%
Capital Expenditures (CapEx)	$13.1M	$12.6M	$24.8M	$21.4M	$17.9M	−16.6%	+8.0%
Free Cash Flow (FCF)	$35.8M	$71.0M	$42.4M	$24.2M	$-164.1M	−777.9%	—
True FCF (ex-SBC Owner Cash)	$24.5M	$60.6M	$30.3M	$17.9M	$-173.6M	−1067.6%	—
Share Repurchases (Buybacks)	$0	$1.0M	$0	$10.0M	$0	−100.0%	—
Dividends Paid	$6.6M	$8.0M	$8.0M	$8.0M	$8.0M	−0.1%	+5.2%

Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.

On the Wire

what CMCO did at the next close after each story

No Wire story has named CMCO yet.

What happened · big days

24 big days in a year, and what we hold on each

A big day is a close more than 6.04% from the one before, three times CMCO’s median day (2.01%). On 6 of the 24, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±6.04%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayCMCOWhat we hold that dayGroup (median of 4) · each

1 Nov 21, 2025+6.33%
Before our storiesgroup +3.0%, did not move with it
1Nov 21, 2025+6.33%
Before our stories
+3.0% did not move with itAEBI +7.7 · CNH +3.1 · ASTE +2.9 · CAT +0.8
2 Jan 5, 2026+6.40%
Before our storiesgroup +3.3%, moved with CMCO
2Jan 5, 2026+6.40%
Before our stories
+3.3% moved with CMCOASTE +3.6 · AEBI +3.3 · CNH +3.2 · CAT +3.0
3 Feb 6, 2026+8.38%
Before our storiesgroup +5.9%, moved with CMCO
3Feb 6, 2026+8.38%
Before our stories
+5.9% moved with CMCOCAT +7.1 · AEBI +6.8 · ASTE +5.0 · CNH +3.6
4 Feb 12, 2026−8.92%
Before our storiesgroup −1.7%, did not move with it
4Feb 12, 2026−8.92%
Before our stories
−1.7% did not move with itAEBI −4.1 · CAT −2.2 · ASTE −1.3 · CNH −0.9
5 Mar 6, 2026−9.11%
Before our storiesgroup −3.5%, did not move with it
5Mar 6, 2026−9.11%
Before our stories
−3.5% did not move with itASTE −4.4 · CAT −3.6 · AEBI −3.3 · CNH −2.2
6 Apr 8, 2026+7.56%
Before our storiesgroup +6.7%, moved with CMCO
6Apr 8, 2026+7.56%
Before our stories
+6.7% moved with CMCOAEBI +10.2 · CNH +6.8 · CAT +6.5 · ASTE +6.5
7 Apr 15, 2026−6.08%
Before our storiesgroup −3.4%, moved with CMCO
7Apr 15, 2026−6.08%
Before our stories
−3.4% moved with CMCOCNH −7.4 · ASTE −3.7 · CAT −3.0 · AEBI −1.1
8 Jun 4, 2026−9.22%
Resultsgroup +1.1%, did not move with it
8Jun 4, 2026−9.22%
ResultsFirst close after the Jun 4 results filing
+1.1% did not move with itCNH −1.7 · ASTE +0.7 · CAT +1.5 · AEBI +2.0
9 Jun 5, 2026−8.52%
Before our storiesgroup −3.2%, did not move with it
9Jun 5, 2026−8.52%
Before our stories
−3.2% did not move with itAEBI −5.3 · CAT −3.9 · ASTE −2.6 · CNH −0.9
10 Jun 11, 2026+10.23%
Nothing on CMCOgroup +2.1%, did not move with it
10Jun 11, 2026+10.23%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+2.1% did not move with itCAT +4.8 · AEBI +2.5 · CNH +1.8 · ASTE +1.7
11 Jun 15, 2026+8.68%
Nothing on CMCOgroup +1.1%, did not move with it
11Jun 15, 2026+8.68%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+1.1% did not move with itCAT +2.6 · ASTE +1.6 · CNH +0.7 · AEBI −1.1
12 Jun 16, 2026−7.39%
Nothing on CMCOgroup +0.7%, did not move with it
12Jun 16, 2026−7.39%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+0.7% did not move with itCNH −1.5 · AEBI +0.7 · ASTE +0.8 · CAT +1.2
13 Jul 2, 2026−6.62%
Nothing on CMCOgroup −2.4%, did not move with it
13Jul 2, 2026−6.62%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−2.4% did not move with itASTE −4.3 · CAT −2.8 · AEBI −2.0 · CNH −1.8
14 Jul 15, 2026+6.83%
Nothing on CMCOgroup +1.1%, did not move with it
14Jul 15, 2026+6.83%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+1.1% did not move with itAEBI +4.4 · CNH +1.4 · ASTE +0.8 · CAT −2.0
15 Jul 22, 2026+6.15%
Nothing on CMCOgroup +2.3%, did not move with it
15Jul 22, 2026+6.15%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+2.3% did not move with itCNH +3.4 · AEBI +2.5 · ASTE +2.0 · CAT −0.1
16 Jul 29, 2026−9.81%
Nothing on CMCOgroup −6.4%, moved with CMCO
16Jul 29, 2026−9.81%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−6.4% moved with CMCOASTE −7.1 · CAT −6.9 · CNH −5.9 · AEBI −4.8
17 Jul 30, 2026+41.45%
Resultsgroup −0.1%, did not move with it
17Jul 30, 2026+41.45%
ResultsFirst close after the Jul 30 results filing
−0.1% did not move with itCAT +3.4 · ASTE +0.8 · AEBI −0.9 · CNH −4.1
18 Jul 31, 2026−7.30%
Nothing on CMCOgroup −0.7%, did not move with it
18Jul 31, 2026−7.30%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−0.7% did not move with itASTE −1.4 · CNH −0.7 · AEBI −0.6 · CAT +0.7
19 Aug 4, 2026+7.31%
Nothing on CMCOgroup +2.2%, did not move with it
19Aug 4, 2026+7.31%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+2.2% did not move with itCAT +5.6 · CNH +3.9 · AEBI +0.5 · ASTE −0.6
20 Aug 18, 2026−6.71%
Nothing on CMCOgroup −3.4%, moved with CMCO
20Aug 18, 2026−6.71%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−3.4% moved with CMCOCAT −4.6 · ASTE −4.3 · AEBI −2.6 · CNH −2.5
21 Sep 14, 2026−7.27%
Nothing on CMCOgroup −0.4%, did not move with it
21Sep 14, 2026−7.27%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−0.4% did not move with itCAT −4.2 · ASTE −0.6 · AEBI −0.3 · CNH +1.3
22 Oct 27, 2026+6.34%
Nothing on CMCOgroup +0.7%, did not move with it
22Oct 27, 2026+6.34%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
+0.7% did not move with itCAT +3.1 · ASTE +1.3 · AEBI 0.0 · CNH −1.0
23 Nov 3, 2026+15.16%
Resultsgroup −0.4%, did not move with it
23Nov 3, 2026+15.16%
ResultsFirst close after the Nov 3 results filing
−0.4% did not move with itCAT +1.7 · ASTE −0.1 · CNH −0.7 · AEBI −2.0
24 Nov 5, 2026−11.08%
Nothing on CMCOgroup −4.8%, did not move with it
24Nov 5, 2026−11.08%
Nothing on CMCONo CMCO story, brief or results filing in our record that day
−4.8% did not move with itASTE −10.0 · AEBI −4.8 · CNH −3.9

A story on the same day is not a cause, and a group move is not proof either. Group: the median of CAT, CNH, ASTE and AEBI that day, the largest companies in CMCO’s SEC industry; “moved with CMCO” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). Day 1 is the first close after each filing: the next day’s for a filing after the close, the same day’s otherwise. 3 of 4 times, day 6 ended on the same side as day 1.

Reported Oct 30, 2025

day 1+15.28%day 6+3.99%

Reported Feb 9, 2026

day 1+0.13%day 6−16.07%

Reported Jun 4, 2026

day 1−9.22%day 6−13.86%

Reported Jul 30, 2026

day 1+41.45%day 6+42.00%

Next report: expected early FebruaryEstimated from the dates of its last four results filings. Not announced. Since the Nov 3 report: +4.89%. Four reports is a small sample.

Every report since 2023 →

Each line is CMCO’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

Same industry

CMCO against four same-industry peers, a year at 100

CMCO is up 5.6% in a year. CNH Industrial is up 16.5%. Of these four, Caterpillar (+5.0%), Aebi Schmidt (+0.6%) and Astec Industries (−21.4%) did less. Weekly closes, Nov 7, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.

Share this chart

CMCO +5.6%. CNH Industrial +16.5%, Caterpillar +5.0%, Aebi Schmidt +0.6%, Astec Industries −21.4%. Weekly closes, Nov 7, 2025 = 100, log scale.

Share this chart

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in CMCO’s SEC industry (Construction Machinery & Equip) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

The Wire at 7 AM ET, free. Top stories with a bull and a bear case on each, every morning. No account needed.

CAT	Caterpillar	$271.8B	−6.37%
CNH	CNH Industrial	$14.5B	−3.93%
ASTE	Astec Industries	$905M	−10.03%
AEBI	Aebi Schmidt	$903M	−4.82%
PLOW	Douglas Dynamics	$880M	−3.38%
MTW	Manitowoc	$837M	−6.59%
GENC	Gencor Industries	$257M	−4.73%