Columbus McKinnon Targets Debt Reduction Amid $2B Pro Forma Revenue Growth

Columbus McKinnon (CMCO) outlined its strategy at the Sidoti Small-Cap Virtual Conference on September 23, 2026, highlighting a pro forma revenue of approximately $2 billion—a doubling of its business size since the acquisition of Kito Crosby. Last twelve months (LTM) revenue stood at $1.49 billion, driven by 55% growth largely from the transaction. The company projects pro forma EBITDA margins in the low 20s, targeting mid-20s over the next few years. Cost of goods sold (COGS) reached nearly $1.3 billion on a pro forma basis, with consumables sales accounting for 30% to 35% of total sales. Total debt stood at $2.47 billion as of the latest quarter, with a debt-to-equity ratio of 4.39. The company’s fiscal 2027 earnings per share (EPS) forecast stands at $3.64 per share, following an LTM loss of $9.38 per share. Shares traded at $16.30, near the 52-week low of $11.99, after a 3.6% year-to-date decline but a 10% gain over the past year.