Columbus Mckinnon Corp key statistics and ratios

In fiscal 2026, Columbus Mckinnon Corp had return on equity of -19.7%, an operating margin of -10.0%, debt equal to 165.2% of equity and a current ratio of 2.02. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Columbus Mckinnon Corp: financial ratios, annual
Fiscal year	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Gross margin	—	26.6%	29.2%	31.0%	31.3%	31.4%	30.3%	34.0%	34.8%	35.0%	33.9%	34.8%	36.5%	37.0%	33.8%	30.1%	28.8%
Operating margin	162.9%	7.6%	9.1%	9.3%	9.4%	6.8%	3.7%	8.1%	7.9%	11.1%	6.5%	8.1%	10.5%	10.6%	5.7%	−10.0%	−9.6%
Net margin	−315.3%	4.6%	13.1%	5.2%	4.7%	3.3%	1.4%	2.6%	4.9%	7.4%	1.4%	3.3%	5.2%	4.6%	−0.5%	−19.2%	−21.2%
Free-cash-flow margin	−81.2%	1.7%	4.6%	1.5%	3.6%	5.1%	7.2%	6.6%	7.7%	12.0%	13.3%	3.9%	7.6%	4.2%	2.5%	−13.7%	−8.2%
Return on equity	−22.2%	16.7%	39.1%	11.5%	9.7%	7.1%	2.9%	5.9%	10.1%	13.3%	1.8%	4.6%	6.0%	5.4%	−0.6%	−19.7%	−22.5%
Return on assets	−7.5%	5.4%	14.5%	5.2%	4.7%	2.9%	1.0%	2.0%	3.9%	5.5%	0.8%	2.1%	2.9%	2.6%	−0.3%	−7.0%	−6.7%
Asset turnover	0.02	1.19	1.10	1.00	1.00	0.89	0.68	0.74	0.80	0.75	0.58	0.64	0.55	0.58	0.54	0.37	0.31
Current ratio	2.75	2.85	3.73	3.66	2.83	2.06	1.79	1.74	1.72	2.46	2.40	1.87	2.05	1.96	1.81	2.02	2.00
Debt to equity	0.7%	95.3%	63.4%	52.3%	51.3%	94.0%	142.1%	92.0%	72.0%	55.9%	84.4%	79.1%	68.6%	60.1%	53.4%	165.2%	173.9%
Effective tax rate	—	21.0%	—	28.8%	24.5%	38.1%	31.0%	55.6%	19.5%	22.7%	9.6%	22.9%	35.0%	24.2%	—	—	—
R&D as % of revenue	25.8%	0.8%	0.9%	0.9%	0.9%	1.2%	1.6%	1.6%	1.5%	1.4%	1.9%	1.7%	2.2%	2.6%	2.5%	1.8%	1.7%
Capital spending as % of revenue	110.0%	2.3%	2.5%	3.6%	3.0%	3.7%	2.3%	1.7%	1.4%	1.2%	1.9%	1.4%	1.3%	2.4%	2.2%	1.5%	1.4%
Free cash flow ÷ net income	—	36.4%	35.1%	28.5%	77.3%	154.9%	512.9%	249.9%	157.9%	163.2%	950.9%	120.6%	146.6%	90.9%	—	—	—
Dividends ÷ net income	—	—	—	—	—	16.4%	37.0%	16.6%	10.9%	9.5%	63.0%	22.1%	16.5%	17.3%	—	—	—
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	10.6%	7.2%	6.6%	6.9%	5.8%	6.6%	18.3%	12.7%	19.0%	74.6%	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

Columbus Mckinnon Corp: financial ratios, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Gross margin	30.9%	35.1%	32.3%	32.7%	34.5%	34.5%	23.5%	27.5%
Operating margin	4.5%	7.6%	2.0%	2.3%	4.7%	6.3%	−35.0%	−3.3%
Net margin	−6.2%	1.7%	−1.1%	−0.8%	1.8%	2.3%	−54.4%	−16.7%
Free-cash-flow margin	1.6%	2.6%	11.9%	−9.1%	5.8%	6.4%	−39.8%	3.8%
Current ratio	2.04	2.03	1.81	1.85	1.81	1.83	2.02	2.00
Debt to equity	55.8%	55.7%	52.0%	51.9%	50.1%	48.7%	165.2%	173.9%
R&D as % of revenue	2.5%	2.3%	2.5%	2.0%	1.8%	1.7%	1.7%	1.6%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 6 checks passed · June 30, 2026

What it owns · $4.7bn

Short-term assets $1.1bnLonger-term assets $3.6bn

What it owes, and who funded it · $4.7bn

Short-term liabilities $562mLonger-term liabilities $2.7bnShareholders' equity $1.4bn

Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $562m of liabilities due within a year.
Short-term assets cover long-term liabilities $1.1bn short-term assets against $2.7bn of longer-dated liabilities.
More cash than debt $98m of cash against $2.4bn of debt.
Debt below 40% of shareholders' equity Debt is 174% of equity.
Debt burden no higher than five years ago Debt to equity moved from 64% to 174% over five years.
A year's operating cash flow covers at least 20% of debt −$102m of operating cash flow against $2.4bn of debt.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Columbus Mckinnon Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

37 /100

Weak moat

How hard Columbus Mckinnon's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 0 / 20

Net income has been a median 2.1% of total assets over 10 years.
Pricing power 12 / 20

Gross margin has been a median 34.4%, moving by 2.4 percentage points (standard deviation) across 10 years.
Durability 1 / 20

Operating margin has been a median 8.0%; its worst year was -9.6%.
Cash conversion 12 / 20

Free cash flow was positive in 9 of 10 years, at a median 6.1% of revenue.
Discipline 12 / 20

The diluted share count rose 15.4% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: CMCO vs MWA CMCO vs PKOH AIN vs CMCO

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Figures from Columbus Mckinnon Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Columbus Mckinnon Corp.