Latest Ratios: P/E Ratio -1.8x · EV/EBITDA 49.9x · ROE -19.7%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $416M | $417M | $487M | $1.3B | $1.1B | $1.2B | $1.3B | $596M | $813M | $836M | $518M |
| Enterprise Value | $2.7B | $2.7B | $974M | $1.8B | $1.5B | $1.6B | $1.4B | $772M | $1.0B | $1.1B | $862M |
| P/E Ratio → | -1.81 | — | — | 27.72 | 22.12 | 40.77 | 138.84 | 10.00 | 19.08 | 37.73 | 57.72 |
| P/S Ratio | 0.35 | 0.35 | 0.51 | 1.28 | 1.14 | 1.33 | 1.96 | 0.74 | 0.93 | 1.00 | 0.81 |
| P/B Ratio | 0.29 | 0.29 | 0.55 | 1.47 | 1.28 | 1.56 | 2.41 | 1.29 | 1.88 | 2.05 | 1.52 |
| P/FCF | — | — | 20.10 | 30.56 | 15.08 | 33.66 | 14.73 | 6.13 | 12.09 | 15.17 | 11.25 |
| P/OCF | — | — | 10.67 | 19.28 | 12.80 | 24.64 | 12.90 | 5.58 | 10.22 | 12.01 | 8.58 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.27 | 1.01 | 1.76 | 1.56 | 1.80 | 2.09 | 0.95 | 1.19 | 1.35 | 1.35 |
| EV / EBITDA | 49.86 | 49.88 | 9.47 | 11.63 | 9.91 | 13.20 | 19.28 | 6.08 | 10.20 | 10.70 | 16.86 |
| EV / EBIT | — | — | 36.16 | 17.90 | 15.11 | 29.29 | 61.25 | 8.42 | 14.88 | 16.37 | 35.93 |
| EV / FCF | — | — | 40.23 | 42.02 | 20.62 | 45.61 | 15.67 | 7.93 | 15.50 | 20.61 | 18.71 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.0% | 26.0% | 33.8% | 37.0% | 36.5% | 34.8% | 33.9% | 35.0% | 34.8% | 33.9% | 30.3% |
| Operating Margin | -1.9% | -1.9% | 5.7% | 10.6% | 10.5% | 8.1% | 6.5% | 11.1% | 7.9% | 8.4% | 4.1% |
| Net Profit Margin | -19.2% | -19.2% | -0.5% | 4.6% | 5.2% | 3.3% | 1.4% | 7.4% | 4.9% | 2.6% | 1.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -19.7% | -19.7% | -0.6% | 5.4% | 6.0% | 4.6% | 1.8% | 13.3% | 10.1% | 5.9% | 2.9% |
| ROA | -7.0% | -7.0% | -0.3% | 2.6% | 2.9% | 2.1% | 0.8% | 5.5% | 3.9% | 2.0% | 1.0% |
| ROIC | -0.7% | -0.7% | 3.0% | 6.2% | 6.0% | 6.1% | 5.1% | 10.4% | 7.6% | 7.5% | 3.3% |
| ROCE | -0.8% | -0.8% | 3.6% | 7.1% | 6.8% | 6.1% | 4.4% | 10.0% | 7.8% | 7.5% | 3.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.65 | 1.65 | 0.61 | 0.68 | 0.63 | 0.70 | 0.54 | 0.63 | 0.70 | 0.89 | 1.23 |
| Debt / EBITDA | 43.99 | 43.99 | 5.26 | 3.92 | 3.56 | 4.39 | 4.03 | 2.28 | 2.94 | 3.42 | 8.24 |
| Net Debt / Equity | — | 1.59 | 0.55 | 0.55 | 0.47 | 0.55 | 0.15 | 0.38 | 0.53 | 0.74 | 1.01 |
| Net Debt / EBITDA | 42.21 | 42.21 | 4.74 | 3.17 | 2.66 | 3.46 | 1.16 | 1.38 | 2.24 | 2.83 | 6.72 |
| Debt / FCF | — | — | 20.12 | 11.45 | 5.53 | 11.95 | 0.94 | 1.80 | 3.41 | 5.45 | 7.46 |
| Interest Coverage | -0.37 | -0.37 | 0.83 | 2.62 | 3.47 | 2.77 | 1.83 | 6.44 | 4.09 | 3.52 | 2.19 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.02 | 2.02 | 1.81 | 1.96 | 2.05 | 1.87 | 2.40 | 2.46 | 1.72 | 1.74 | 1.79 |
| Quick Ratio | 0.98 | 0.98 | 1.04 | 1.25 | 1.31 | 1.18 | 1.80 | 1.64 | 1.02 | 1.00 | 1.10 |
| Cash Ratio | 0.17 | 0.17 | 0.21 | 0.44 | 0.55 | 0.46 | 1.10 | 0.74 | 0.34 | 0.30 | 0.41 |
| Asset Turnover | — | 0.25 | 0.55 | 0.56 | 0.55 | 0.54 | 0.56 | 0.74 | 0.83 | 0.73 | 0.57 |
| Inventory Turnover | 1.45 | 1.45 | 3.21 | 3.43 | 3.31 | 3.43 | 3.85 | 4.13 | 3.91 | 3.63 | 3.40 |
| Days Sales Outstanding | — | 116.28 | 62.72 | 62.56 | 59.04 | 59.39 | 59.25 | 55.82 | 53.80 | 55.57 | 63.92 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 1.9% | 1.7% | 0.6% | 0.7% | 0.5% | 0.4% | 1.0% | 0.6% | 0.4% | 0.6% |
| Payout Ratio | — | — | — | 17.3% | 16.5% | 22.1% | 63.0% | 9.5% | 10.9% | 16.6% | 37.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 3.6% | 4.5% | 2.5% | 0.7% | 10.0% | 5.2% | 2.7% | 1.7% |
| FCF Yield | — | — | 5.0% | 3.3% | 6.6% | 3.0% | 6.8% | 16.3% | 8.3% | 6.6% | 8.9% |
| Buyback Yield | 0.0% | 0.0% | 2.1% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.9% | 1.9% | 3.7% | 0.6% | 0.8% | 0.5% | 0.4% | 1.0% | 0.6% | 0.4% | 0.6% |
| Shares Outstanding | — | $29M | $29M | $29M | $29M | $28M | $24M | $24M | $24M | $23M | $21M |
Integration and Liquidity Pressure
According to recent financial data, CMCO trades at a P/S of 0.35, suggesting that the market is heavily discounting the company's aggressive revenue growth due to the persistent negative net margins and the significant execution risks inherent in its ongoing transition toward integrated motion control and automation.
The forward P/E of 7.15 implies that investors are pricing in a rapid recovery in profitability that remains unproven given the current negative operating margins. This valuation appears to reflect a deep skepticism regarding the company's ability to successfully integrate recent acquisitions and achieve the scale necessary to justify a premium multiple compared to its legacy industrial peers.
As reported in financial statements, CMCO's ROIC plummeted to -1.9% in 2025Q4, a sharp reversal from the positive returns observed in previous quarters that highlights the severe impact of recent acquisition-related costs on the company's ability to generate value from its invested capital base.
The deterioration in ROIC suggests that the capital deployed for recent acquisitions is currently failing to generate adequate returns, likely due to the high integration costs and the dilution of the core business's profitability. Investors should monitor whether management can stabilize these returns as the integration phase concludes and the business model shifts toward higher-margin automation.
Based on the provided quarterly figures, the cash conversion cycle has expanded to 125 days in 2025Q4, indicating that the company is facing increasing difficulty in managing its working capital as inventory levels remain elevated relative to the pace of sales and collection cycles.
The rise in days inventory outstanding to 99 days suggests a potential buildup of slow-moving stock or inefficiencies in the supply chain that are tying up critical liquidity. This trend warrants further investigation into whether the company's inventory management systems are effectively aligned with the requirements of its newer, more complex automation projects.
As reported in recent filings, the debt-to-equity ratio has surged to 1.65, a significant increase that reflects the company's reliance on external financing to fund its aggressive acquisition strategy and leaves the balance sheet increasingly vulnerable to interest rate volatility and potential covenant breaches.
The negative interest coverage ratio of -1.60 in 2025Q4 is particularly concerning, as it indicates that the company's current operating earnings are insufficient to cover its debt service obligations. This situation suggests that the company may face significant refinancing risks if it cannot rapidly improve its operating performance and restore positive cash flow.
The most commonly misapplied metric for CMCO is the traditional P/E ratio, which obscures the company's underlying cash-generating potential by failing to account for the significant non-cash charges and integration costs associated with its ongoing strategic pivot toward a software-enabled motion control business model.
Investors should instead focus on adjusted EBITDA and free cash flow metrics to better understand the core operational health of the business, as GAAP earnings are currently distorted by one-time acquisition expenses. Relying on P/E ratios in this context may lead to an inaccurate assessment of the company's true value and its long-term growth prospects.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying CMCO stock.
Columbus McKinnon Corporation's current P/E ratio is -1.8x. The historical average is 27.3x.
Columbus McKinnon Corporation's current EV/EBITDA is 49.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.0x.
Columbus McKinnon Corporation's return on equity (ROE) is -19.7%. The historical average is 2.9%.
Based on historical data, Columbus McKinnon Corporation is trading at a P/E of -1.8x. Compare with industry peers and growth rates for a complete picture.
Columbus McKinnon Corporation's current dividend yield is 1.93%.
Columbus McKinnon Corporation has 26.0% gross margin and -1.9% operating margin.
Columbus McKinnon Corporation's Debt/EBITDA ratio is 44.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.