CMCO COLUMBUS MCKINNON CORP

Overview and Growth

COLUMBUS MCKINNON CORP generated $1.19B of revenue in fiscal 2026, with net loss of $229.53M and an operating cash outflow of $146.21M. The $1.19B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 23.9% above fiscal 2025 revenue of $963.03M, marking a year-over-year increase. Diluted earnings per share were -$7.40, translating the period’s attributable earnings into the amount reported for each diluted share. At period end, total assets were $4.78B, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.25x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $359.43M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 30.1% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced a $119.33M operating loss before non-operating and tax effects. The operating loss equaled 10.0% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $229.53M, extending the operating result through all remaining items. Net margin was -19.2%, reflecting a loss equal to 19.2% of reported revenue. The company reported a pretax loss of $206.51M, before the effect of income taxes. Pretax margin was -17.3%, reflecting a pre-tax loss equal to 17.3% of revenue. Income tax expense totaled $22.93M, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 15.8%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 4.8%, placing the bottom-line deficit against the company’s resource base. The net loss widened to $229.53M from $5.14M in fiscal 2025.

Liquidity and Capital Structure

Total assets were $4.78B, supported by $3.34B of liabilities and $1.45B of shareholder equity. The near-term balance sheet paired $1.18B of current assets with $584.33M of current liabilities at the reporting date. The current ratio was 2.02x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $96.56M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 16.5% of current liabilities, showing how much near-term coverage came from cash alone. The company carried $2.38B of total debt at period end, which frames its leverage and debt-service burden. Against book equity, debt measured 1.64x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 49.8% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 69.7%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 2.0% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $1.74B in fiscal 2025, the current asset base moved 175.2% and finished higher. Reported equity changed 64.2% from $882.10M in fiscal 2025, placing the current capital base higher year over year. Cash and equivalents were 79.9% higher than fiscal 2025 cash of $53.68M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $146.21M, showing that operations absorbed cash during the period. Capital spending of $17.86M added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $164.07M cash deficit after capital spending for the period. The free-cash-flow deficit equaled 13.7% of revenue, showing the post-investment cash shortfall relative to sales. The free-cash-flow deficit equaled 3.4% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 21, 2026.