Form 8-K
8-K — COLUMBUS MCKINNON CORP
Accession: 0001005229-26-000065
Filed: 2026-11-03
Period: 2026-11-03
CIK: 0001005229
SIC: 3531 (CONSTRUCTION MACHINERY & EQUIP)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — cmco-20261103.htm (Primary)
EX-99.1 (exhibit9911132026.htm)
EX-99.2 (newcmcoq2fy27financialre.htm)
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8-K
8-K (Primary)
Filename: cmco-20261103.htm · Sequence: 1
cmco-20261103
0001005229false00010052292026-11-032026-11-03
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 3, 2026
Columbus McKinnon Corporation
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
001-34362 16-0547600
(Commission File Number) (IRS Employer Identification No.)
13320 Ballantyne Corporate Place, Suite D Charlotte NC 28277
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (716) 689-5400
_________________________________________________
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share CMCO Nasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging Growth Company
If an Emerging Growth Company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On November 3, 2026, Columbus McKinnon Corporation (the "Registrant") issued a press release announcing its financial results for the second quarter, which ended September 30, 2026. The press release is annexed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 7.01 REGULATION FD DISCLOSURE.
The slides used during the earnings call are annexed as Exhibit 99.2 to this Current Report on Form 8-K.
The information contained in this Form 8-K and the Exhibits annexed hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such filing.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
EXHIBIT
NUMBER DESCRIPTION
99.1
Press Release dated November 3, 2026
99.2
Earnings call slides dated November 3, 2026
104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
COLUMBUS McKINNON CORPORATION
By: /S/ JOHN R. LINKER
Name: John R. Linker
Title: Executive Vice President – Finance and Chief Financial Officer (Principal Financial Officer)
Dated: November 3, 2026
EX-99.1
EX-99.1
Filename: exhibit9911132026.htm · Sequence: 2
Document
EXHIBIT 99.1
News Release
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
•Kito Crosby integration remains on track, with synergy realization ahead of plan
•Net sales growth of 107% Y/Y driven by the Kito Crosby Acquisition with solid growth at both Legacy CMCO1 and Kito Crosby
•Book-to-bill of 1.0x reflects strong conversion of orders to revenue and positions CMCO for continued progress in 2H FY27
•Increases FY27 guidance for Net sales, Adjusted EBITDA2 and Adjusted EPS2
CHARLOTTE, NC, November 3, 2026 - Columbus McKinnon Corporation (Nasdaq: CMCO) ("CMCO" or the "Company"), today announced financial results for its fiscal year 2027 second quarter, which ended September 30, 2026.
The Company delivered net sales growth of 107% and order growth of 122% year-over-year, both driven by the acquisition of Kito Crosby Limited ("Kito Crosby"), which closed on February 3, 2026 (the "Kito Crosby Acquisition"), coupled with strong performance across the Legacy CMCO1 and Kito Crosby platforms.
“Building on record orders and sales in the first quarter, our team delivered strong second quarter performance that exceeded expectations. Sequential revenue growth was supported by sustained strength in the Americas and bolstered by stronger than anticipated demand in both Asia and EMEA," said David J. Wilson, President and Chief Executive Officer. "Our continued focus on improving operational execution and customer experience led to increased demand from both project and short-cycle business. Early success and strong customer response to our combined portfolio reinforce our confidence in the growth opportunities created by bringing CMCO and Kito Crosby together.”
Second Quarter Fiscal 2027 Highlights (compared with prior-year period, except where otherwise noted)
•Net sales of $539.3 million increased 107%
•Orders of $562.6 million increased 122%; Book-to-bill of 1.0x
•Net loss attributable to the Company of $25.5 million, or $0.76 per diluted share reflects $12.5 million of acquisition and integration related expenses
•Adjusted Net Income2 of $31.1 million increased 74% and Adjusted EPS2,4 of $0.61 declined $0.01 largely due to a higher share count and increased interest expense
•Adjusted EBITDA2 of $111.2 million and Adjusted EBITDA Margin2 of 20.6%, up 520 basis points
“Our integration of Kito Crosby is progressing well, supported by agile execution and strong collaboration across the combined organization. With our initial integration priorities firmly underway, we are sharpening our focus on the longer-term initiatives that will unlock the potential of the combined business," continued Wilson. "Our teams are working effectively as one, and the meaningful progress we are making provides higher confidence in achieving our targeted value creation objectives."
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
Second Quarter Fiscal 2027 Sales
($ in millions)
Q2 FY27
Q2 FY26
Change % Change
Net sales $ 539.3 $ 261.0 $ 278.2 106.6 %
U.S. sales $ 292.0 $ 147.5 $ 144.5 98.0 %
% of total 54 % 57 %
Non-U.S. sales $ 247.3 $ 113.5 $ 133.8 117.9 %
% of total 46 % 43 %
For the quarter, net sales increased $278.2 million, or 106.6% driven by the Kito Crosby Acquisition partially offset by the Divestiture3. Legacy CMCO Net Sales Growth1,2 of 5.3% benefited from both positive pricing and volume growth.
Second Quarter Fiscal 2027 Operating Results
($ in millions, except per share figures)
Q2 FY27 Q2 FY26 Change % Change
Gross profit $ 187.9 $ 90.2 $ 97.7 108.4 %
Gross margin 34.8 % 34.5 % 30 bps
Adjusted Gross Profit2
$ 196.8 $ 92.1 $ 104.6 113.6 %
Adjusted Gross Margin2
36.5 % 35.3 % 120 bps
Net income (loss) $ (25.2) $ 4.6 $ (29.8) NM
Net income (loss) margin (4.7) % 1.8 % (650) bps
Adjusted Net Income2
$ 31.1 $ 17.9 $ 13.2 73.6 %
GAAP EPS $ (0.76) $ 0.16 $ (0.92) NM
Adjusted EPS2,4
$ 0.61 $ 0.62 $ (0.01) (1.6) %
Adjusted EBITDA2
$ 111.2 $ 40.2 $ 71.0 176.5 %
Adjusted EBITDA Margin2
20.6 % 15.4 % 520 bps
Capital, Liquidity and Cash Flow
The Company ended the second quarter with a Credit Agreement Net Leverage Ratio2 of 4.9x and total liquidity of $532.0 million consisting of $110.9 million of cash and cash equivalents, $421.1 million of availability on the Company's revolving credit facility.
The Company has generated $21.1 million in cash provided by operating activities year-to-date, with capital expenditures of $16.5 million resulting in Free Cash Flow2 of $4.6 million. Year-to-date cash costs related to the Kito Crosby Acquisition were $24.3 million.
The Company remains committed to allocating capital to pay down debt to de-lever its balance sheet in the near term while continuing its track record of consistent dividend payments.
2
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
Fiscal Year 2027 Guidance
"Our increased full-year outlook reflects strong first-half orders and financial performance, as well as confidence in the execution of our strategic priorities and our ability to sustain this momentum through the second half of fiscal 2027," said John Linker, Executive Vice President and Chief Financial Officer.
Based on year-to-date performance and its outlook, the Company is increasing its guidance for fiscal 2027, ending March 31, 2027 as follows:
Metric Updated FY27 Outlook Prior FY27 Outlook
Net sales $2.13 billion to $2.17 billion $2.09 billion to $2.15 billion
Adjusted EBITDA5
$425 million to $440 million $405 million to $420 million
Adjusted EPS5
$2.00 to $2.15 $1.90 to $2.10
Fiscal 2027 guidance reflects updated assumptions, based on final purchase price accounting linked to the Kito Crosby Acquisition, of:
Metric Updated FY27 Outlook Prior FY27 Outlook
Interest expense $185 million to $190 million $185 million to $190 million
Amortization expense $130 million to $135 million $135 million to $140 million
Depreciation expense $80 million to $85 million $75 million to $80 million
Capital expenditures $45 million to $55 million $50 million to $60 million
Normalized effective tax rate as used in the calculation of Adjusted EPS 25% 25%
Adjusted Diluted Shares Outstanding5
52 million 52 million
Teleconference and Webcast
The Company will host a conference call today at 8:00 AM Eastern Time to discuss the Company's financial results and strategy. The conference call, earnings release and earnings presentation will be accessible through live webcast on the Company's investor relations website at investors.cmco.com. A replay of the webcast will also be archived on the Company's investor relations website through November 10, 2026.
______________________
1 "Legacy CMCO" is defined as reported Columbus McKinnon adjusting for the removal of the Divestiture and the Kito Crosby Acquisition in all comparable periods.
2 Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted EPS, Legacy CMCO Net Sales Growth, Free Cash Flow, and Credit Agreement Net Leverage Ratio are non-GAAP financial measures. See accompanying discussion and reconciliation tables provided in this release for reconciliations of these non-GAAP financial measures to the closest corresponding GAAP financial measures.
3 As part of the Kito Crosby Acquisition, the Company was required to divest its U.S. power chain hoist (other than with respect to Little Mule products) and chain manufacturing operations, which closed on March 4, 2026 (the "Divestiture").
4 Adjusted EPS excludes, among other adjustments, amortization of intangible assets. The Company believes this better represents its inherent earnings power and cash generation capability.
5 The Company has not reconciled Adjusted EBITDA, Adjusted EPS and Adjusted Diluted Shares Outstanding guidance for fiscal 2027 to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide guidance for the comparable GAAP financial measures. Forward-looking guidance regarding Adjusted EBITDA and Adjusted EPS are made in a manner consistent with previous filings with the Securities and Exchange Commission.
6 800,000 Series A Cumulative Convertible Participating Preferred Shares of the Company, par value $1.00 per share (the “Preferred Shares”).
3
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
About Columbus McKinnon Corporation
CMCO is a global leader in intelligent motion solutions designed to advance performance and productivity, helping customers move the world forward with confidence. Guided by its mission to deliver innovative solutions with unmatched safety, quality and reliability, CMCO enables efficient lifting, positioning, securing and movement of materials across a wide range of end markets. Its portfolio spans five key platforms: lifting hardware consumables, hoists and cranes, precision conveyance, automation and linear motion. Driven by a vision for a safer, more productive tomorrow, CMCO partners with customers to solve some of their most complex intralogistics challenges and keep industry in motion. Comprehensive information is available at www.cmco.com.
Safe Harbor Statement
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," “believe,” “continue,” “could,” “estimate,” “expect,” “illustrative,” “intend,” “likely,” “may,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “shall,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this release, including, but are not limited to, statements relating to: (i) our strategy, outlook and growth prospects, including the Company's full year fiscal 2027 guidance, consisting of net sales, Adjusted EBITDA and Adjusted EPS for fiscal 2027, as well as the associated assumed inputs for fiscal 2027 regarding interest expense, amortization expense, depreciation expense, capital expenditures, effective tax rate and Adjusted Diluted Shares Outstanding; (ii) our operational and financial targets and capital distribution policy, including our expectation that the dividends payable on the Preferred Shares will be accrued, accumulated and compounded, rather than being paid in cash, during fiscal 2027; (iii) general economic trends and trends in our industry and markets; (iv) our ability to successfully integrate the Kito Crosby Acquisition and achieve targeted net cost synergies and leverage reduction targets; (v) our ability to expand margins in future periods; and (vi) the competitive environment in which we operate, are forward looking statements. Forward-looking statements are not based on historical facts, but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2026 as well as in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company undertakes no duty to update publicly any such forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.
Contact:
Alexandre Eldredge
investor.relations@cmco.com
4
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Condensed Consolidated Income Statements - UNAUDITED
(In thousands, except per share and percentage data)
Three Months Ended
September 30, 2026 September 30, 2025 Change
Net sales $ 539,285 $ 261,047 106.6 %
Cost of products sold 351,376 170,887 105.6 %
Gross profit 187,909 90,160 108.4 %
Gross profit margin 34.8 % 34.5 %
Selling expenses 52,375 29,122 79.8 %
% of net sales 9.7 % 11.2 %
General and administrative expenses 61,749 36,386 69.7 %
% of net sales 11.5 % 13.9 %
Research and development expenses 8,069 4,781 68.8 %
% of net sales 1.5 % 1.8 %
Net loss (gain) on sales of businesses 709 — NM
Amortization of other intangibles 29,964 7,683 290.0 %
Income from operations 35,043 12,188 187.5 %
Operating margin 6.5 % 4.7 %
Interest and debt expense 48,050 8,747 449.3 %
Cost of debt repricing 1,056 — NM
Investment (income) loss 129 (521) NM
Foreign currency exchange (gain) loss (2,947) 754 NM
Other (income) expense, net (1,368) 59 NM
Income (loss) before income tax expense (benefit) (9,877) 3,149 NM
Income tax expense (benefit) 15,315 (1,446) NM
Net income (loss) (25,192) 4,595 NM
Net income (loss) attributable to noncontrolling interest 341 — NM
Net income (loss) attributable to the Company $ (25,533) $ 4,595 NM
Weighted average basic shares outstanding 28,900 28,726 0.6 %
Basic income (loss) per share $ (0.76) $ 0.16 NM
Weighted average diluted shares outstanding 28,900 28,874 0.1 %
Diluted income (loss) per share $ (0.76) $ 0.16 NM
Dividends declared per common share $ 0.07 $ 0.07
5
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Condensed Consolidated Income Statements - UNAUDITED
(In thousands, except per share and percentage data)
Six Months Ended
September 30,
2026 September 30,
2025 Change
Net sales $ 1,070,746 $ 496,967 115.5 %
Cost of products sold 736,568 329,585 123.5 %
Gross profit 334,178 167,382 99.6 %
Gross profit margin 31.2 % 33.7 %
Selling expenses 107,064 57,653 85.7 %
% of net sales 10.0 % 11.6 %
General and administrative expenses 127,111 67,129 89.4 %
% of net sales 11.9 % 13.5 %
Research and development expenses 16,610 9,602 73.0 %
% of net sales 1.6 % 1.9 %
Net loss (gain) on sales of businesses 1,275 — NM
Amortization of other intangibles 64,772 15,318 322.8 %
Income from operations 17,346 17,680 (1.9) %
Operating margin 1.6 % 3.6 %
Interest and debt expense 95,660 17,445 448.4 %
Cost of debt repricing 1,056 — NM
Investment (income) loss (1,563) (1,570) (0.4) %
Foreign currency exchange (gain) loss 1,076 412 161.2 %
Other (income) expense, net (1,617) (118) NM
Income (loss) before income tax expense (benefit) (77,266) 1,511 NM
Income tax expense (benefit) 36,359 (1,186) NM
Net income (loss) (113,625) 2,697 NM
Net income (loss) attributable to noncontrolling interest 637 — NM
Net income (loss) attributable to the Company $ (114,262) $ 2,697 NM
Weighted average basic shares outstanding 28,847 28,692 0.5 %
Basic income (loss) per share $ (2.80) $ 0.09 NM
Weighted average diluted shares outstanding 28,847 28,841 — %
Diluted income (loss) per share $ (2.80) $ 0.09 NM
Dividends declared per common share $ 0.07 $ 0.07
6
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Condensed Consolidated Balance Sheets
(In thousands)
Period Ended
September 30,
2026 March 31,
2026
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 110,900 $ 96,562
Trade accounts receivable 384,378 380,198
Inventories 567,549 609,030
Prepaid expenses and other 103,137 95,071
Total current assets 1,165,964 1,180,861
Property, plant, and equipment, net 522,491 408,508
Goodwill 1,378,126 1,408,640
Other intangibles, net 1,442,987 1,609,662
Marketable securities 9,777 10,223
Deferred taxes on income 1,621 2,064
Other assets 157,593 164,745
Total assets $ 4,678,559 $ 4,784,703
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable $ 151,593 $ 168,907
Accrued liabilities 244,363 249,009
Current portion of long-term debt and finance lease obligations 150,000 166,418
Total current liabilities 545,956 584,334
Term loan, Senior Secured Notes, AR securitization facility and finance lease obligations 2,262,308 2,226,589
Other non-current liabilities 532,373 525,151
Total liabilities $ 3,340,637 $ 3,336,074
Shareholders’ equity:
Preferred stock 818,403 789,845
Common stock 289 287
Treasury stock (11,000) (11,000)
Additional paid-in capital 546,918 540,536
Retained earnings (deficit) (8,399) 135,807
Accumulated other comprehensive income (loss) (7,554) (6,748)
Equity attributable to shareholders of the Company 1,338,657 1,448,727
Noncontrolling interest (735) (98)
Total shareholders’ equity $ 1,337,922 $ 1,448,629
Total liabilities and shareholders’ equity $ 4,678,559 $ 4,784,703
7
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Condensed Consolidated Statements of Cash Flows - UNAUDITED
(In thousands)
Six Months Ended
September 30, 2026 September 30, 2025
Operating activities:
Net income (loss) attributable to the Company $ (114,262) $ 2,697
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Depreciation and amortization 104,138 24,485
Deferred income taxes and related valuation allowance 1,724 (7,940)
Net loss (gain) on sale of investments and other (881) (1,232)
Stock-based and other compensation 8,447 4,626
Amortization of deferred financing costs 5,048 1,222
Loss (gain) on hedging instruments 541 906
Loss on sales, disposals, and impairments of fixed assets — 207
Cost of debt repricing 1,056 —
Non-cash lease expense 8,867 4,820
Changes in operating assets and liabilities:
Trade accounts receivable (5,129) (8,570)
Inventories 45,375 (11,256)
Prepaid expenses and other (8,185) (6,077)
Other assets 9,304 1,431
Trade accounts payable (18,251) 1,415
Accrued liabilities (6,203) (127)
Non-current liabilities (10,524) (6,359)
Net cash provided by (used for) operating activities 21,065 248
Investing activities:
Proceeds from sales of marketable securities 2,914 2,139
Purchases of marketable securities (2,516) (1,961)
Capital expenditures (16,464) (6,523)
Net cash provided by (used for) investing activities (16,066) (6,345)
Financing activities:
Proceeds from the issuance of common stock 227 —
Borrowing / (Repayment) of debt 15,443 (12,482)
Fees paid for debt amendments (1,236) (577)
Cash inflows from hedging activities 11,417 11,639
Cash outflows from hedging activities (11,930) (12,505)
Payment of dividends (4,036) (4,014)
Other (918) (783)
Net cash provided by (used for) financing activities 8,967 (18,722)
Effect of exchange rate changes on cash and cash equivalents 161 (825)
Net change in cash and cash equivalents 14,127 (25,644)
Cash, cash equivalents, and restricted cash at beginning of year $ 97,023 $ 53,933
Cash, cash equivalents, and restricted cash at end of period $ 111,150 $ 28,289
8
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Q2 FY 2027 Net Sales Bridge1
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2026
($ in millions) $ Change % Change $ Change % Change
Q2 Fiscal 2026 net sales
$ 261.0 $ 497.0
Divestiture (33.9) (68.7)
Q2 Fiscal 2026 net sales adjusted for the Divestiture 227.1 428.3
Kito Crosby Acquisition 300.2 132.2 % 605.0 141.3 %
Pricing 10.1 4.4 % 17.2 4.0 %
Volume 2.3 1.0 % 18.4 4.3 %
Foreign currency translation (0.5) (0.2) % 2.0 0.5 %
Net sales growth adjusted for the Divestiture $ 312.2 137.5 % $ 642.4 150.0 %
Q2 Fiscal 2027 net sales
$ 539.3
$ 1,070.7
1 Components may not sum due to rounding.
9
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
NON-GAAP FINANCIAL MEASURES
The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this earnings release to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). The Company has provided this non-GAAP financial information, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in this earnings release that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with, the GAAP financial measures presented in this earnings release. The non-GAAP financial measures in this earnings release may differ from similarly titled measures used by other companies.
COLUMBUS McKINNON CORPORATION
Reconciliation of Gross Profit to Adjusted Gross Profit
($ in thousands)
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Gross profit $ 187,909 $ 90,160 $ 334,178 $ 167,382
Add back (deduct):
Business realignment costs — 65 — 1,450
Acquisition inventory step-up expense 7,445 — 62,643 —
Acquisition integration costs 1,397 68 2,475 68
Factory and warehouse consolidation costs — 283 — 708
Monterrey, MX new factory start-up costs — 1,530 — 3,431
Adjusted Gross Profit $ 196,751 $ 92,106 $ 399,296 $ 173,039
Net sales $ 539,285 $ 261,047 $ 1,070,746 $ 496,967
Gross margin 34.8 % 34.5 % 31.2 % 33.7 %
Adjusted Gross Margin 36.5 % 35.3 % 37.3 % 34.8 %
Adjusted Gross Profit is defined as gross profit as reported, adjusted for certain items. Adjusted Gross Margin is defined as Adjusted Gross Profit divided by net sales. Adjusted Gross Profit and Adjusted Gross Margin are not measures determined in accordance with GAAP and may not be comparable with Adjusted Gross Profit and Adjusted Gross Margin as used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Adjusted Gross Profit and Adjusted Gross Margin, are important for investors and other readers of the Company’s financial statements and assists in understanding the comparison of the current period’s gross profit and gross margin to the historical periods' gross profit and gross margin, as well as facilitates a more meaningful comparison of the Company’s gross profit and gross margin to that of other companies.
10
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Reconciliation of Net Income and Diluted Earnings per Share to
Adjusted Net Income and Adjusted Earnings per Share
($ in thousands, except per share data)
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Net income (loss) attributable to the Company $ (25,533) $ 4,595 $ (114,262) $ 2,697
Add back (deduct):
Amortization of other intangibles 29,964 7,683 64,772 15,318
Transaction-related costs 694 9,827 462 17,930
Acquisition inventory step-up expense 7,445 — 62,643 —
Acquisition integration costs 11,771 169 27,083 169
Business realignment costs — 1,131 2,716 3,656
Net loss (gain) on sales of businesses 709 — 1,275 —
Factory and warehouse consolidation costs — 298 — 780
Headquarter relocation costs — 71 — 71
Cost of debt repricing 1,056 — 1,056 —
Monterrey, MX new factory start-up costs — 1,530 — 3,431
Normalize tax rate1
4,960 (7,410) 15,833 (11,902)
Adjusted Net Income $ 31,066 $ 17,894 $ 61,578 $ 32,150
GAAP average diluted shares outstanding 28,900 28,874 28,847 28,841
Add back:
Effect of dilutive preferred shares 21,846 — 21,659 —
Effect of dilutive share-based awards 209 — 200 —
Adjusted Diluted Shares Outstanding 50,955 28,874 50,706 28,841
GAAP EPS $ (0.76) $ 0.16 $ (2.80) $ 0.09
Adjusted EPS $ 0.61 $ 0.62 $ 1.21 $ 1.11
1 Applies a normalized tax rate of 25% to GAAP pre-tax income, net income (loss) attributable to noncontrolling interest and non-GAAP adjustments above, which are each pre-tax.
Adjusted Net Income is defined as net income (loss) attributable to the Company as reported, adjusted for certain items, including amortization of intangibles, and also adjusted for a normalized tax rate. Adjusted Diluted Shares Outstanding is defined as average diluted shares outstanding adjusted for the effect of dilutive preferred shares and the effect of dilutive share-based awards. Adjusted EPS is defined as Adjusted Net Income per Adjusted Diluted Shares Outstanding. Adjusted Net Income, Adjusted Diluted Shares Outstanding and Adjusted EPS are not measures determined in accordance with GAAP and may not be comparable with the measures used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Adjusted Net Income, Adjusted Diluted Shares Outstanding and Adjusted EPS, are important for investors and other readers of the Company’s financial statements and assists in understanding the comparison of current periods' net income (loss) attributable to the Company, average diluted shares outstanding and GAAP EPS to the historical periods' net income (loss) attributable to the Company, average diluted shares outstanding and GAAP EPS, as well as facilitates a more meaningful comparison of the Company’s net income (loss) attributable to the Company and GAAP EPS to that of other companies. The Company believes that presenting Adjusted Net Income, Adjusted Diluted Shares Outstanding and Adjusted EPS provides a better understanding of its earnings power inclusive of adjusting for the non-cash amortization of intangible assets, reflecting the Company’s strategy to grow through acquisitions as well as organically.
11
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Reconciliation of Net Income to Adjusted EBITDA1
($ in thousands)
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Net income (loss) attributable to the Company $ (25,533) $ 4,595 $ (114,262) $ 2,697
Add back (deduct):
Income tax expense (benefit) 15,315 (1,446) 36,359 (1,186)
Interest and debt expense 48,050 8,747 95,660 17,445
Investment (income) loss 129 (521) (1,563) (1,570)
Foreign currency exchange (gain) loss (2,947) 754 1,076 412
Other (income) expense, net
(1,368) 59 (1,617) (118)
Stock-based compensation 4,947 2,784 7,622 4,626
Depreciation and amortization expense
50,937 12,219 104,138 24,485
Cost of debt repricing 1,056 — 1,056 —
Transaction-related costs 694 9,827 462 17,930
Acquisition integration costs 11,771 169 27,083 169
Acquisition inventory step-up expense 7,445 — 62,643 —
Business realignment costs — 1,131 2,716 3,656
Net loss (gain) on sales of businesses 709 — 1,275 —
Factory and warehouse consolidation costs — 298 — 780
Headquarter relocation costs — 71 — 71
Monterrey, MX new factory start-up costs — 1,530 — 3,431
Adjusted EBITDA $ 111,205 $ 40,217 $ 222,648 $ 72,828
Net sales $ 539,285 $ 261,047 $ 1,070,746 $ 496,967
Net income (loss) attributable to the Company margin (4.7) % 1.8 % (10.7) % 0.5 %
Adjusted EBITDA Margin 20.6 % 15.4 % 20.8 % 14.7 %
Adjusted EBITDA is defined as net income (loss) attributable to the Company before interest expense, income taxes, depreciation, amortization, and other adjustments, including stock-based compensation. Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by net sales. Adjusted EBITDA and Adjusted EBITDA Margin are not measures determined in accordance with GAAP and may not be comparable with Adjusted EBITDA and Adjusted EBITDA Margin as used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Adjusted EBITDA and Adjusted EBITDA Margin, are important for investors and other readers of the Company’s financial statements.
12
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Reconciliation of Net cash provided by (used for) operating activities to Free Cash Flow and
Free Cash Flow
($ in thousands, except growth percentages)
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Net cash provided by (used for) operating activities $ (4,559) $ 18,401 $ 21,065 $ 248
Capital expenditures (10,796) (3,321) (16,464) (6,523)
Free Cash Flow $ (15,355) $ 15,080 $ 4,601 $ (6,275)
Free Cash Flow is defined as GAAP net cash provided by (used for) operating activities less capital expenditures included in the investing activities section of the consolidated statement of cash flows. Free Cash Flow is not determined in accordance with GAAP and may not be comparable with measures as defined or used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Free Cash Flow, is important for investors and other readers of the Company's financial statements and assist in understanding of the comparison of the current period Free Cash Flow to that of historical periods.
13
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Reconciliation of Net Sales to Legacy CMCO Net Sales and
Net Sales Growth to Legacy CMCO Net Sales Growth
($ in thousands, except growth percentages)
Three Months Ended Six Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Net sales $ 539,285 $ 261,047 $ 1,070,746 $ 496,967
Less Divestiture net sales — (33,902) $ — $ (68,749)
Less Kito Crosby Acquisition net sales (300,205) — (604,968) $ —
Legacy CMCO Net Sales $ 239,080 $ 227,145 $ 465,778 $ 428,218
Net sales growth 106.6 % 115.5 %
Legacy CMCO Net Sales Growth 5.3 % 8.8 %
Legacy CMCO Net Sales is defined as net sales as reported, adjusted for the impact of the Kito Crosby Acquisition and Divestiture. Legacy CMCO Net Sales Growth is defined as the change in Legacy CMCO Net Sales between the current period and the prior year period divided by prior year period Legacy CMCO Net Sales. Legacy CMCO Net Sales and Legacy CMCO Net Sales Growth are not determined in accordance with GAAP and may not be comparable with non-GAAP net sales calculations used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Legacy CMCO Net Sales and Legacy CMCO Net Sales Growth, are important for investors and other readers of the Company's financial statements and assists in understanding the comparison of the current period's net sales and net sales growth to the historical periods' net sales and net sales growth.
14
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
COLUMBUS McKINNON CORPORATION
Reconciliation of Credit Agreement Net Leverage Ratio
($ in thousands)
Twelve Months Ended
September 30, 2026 March 31, 2026
Net income (loss) $ (345,759) $ (229,437)
Add back (deduct):
Annualize EBITDA for the Kito Crosby Acquisition, Divestiture and synergies1
132,389 264,352
Income tax expense (benefit) 60,475 22,930
Interest and debt expense 139,360 61,145
Cost of debt repricing 25,241 24,185
Depreciation and amortization expense
156,691 77,038
Stock-based and other compensation 12,565 9,569
Transaction-related costs 39,889 55,603
Acquisition integration costs 37,563 12,795
Acquisition inventory step-up expense 99,441 36,798
Business realignment costs 3,370 4,310
Factory and warehouse consolidation costs 274 1,054
Headquarter relocation costs 392 463
Loss on impairment of goodwill2
200,000 200,000
Monterrey, MX new factory start-up costs 3,049 6,480
Net (gain) loss on sale of business (102,153) (103,306)
Net gain on sale of facilities (914) (917)
Net loss attributable to noncontrolling interest (735) (98)
Unrealized foreign exchange 6,658 (1,934)
Credit Agreement Trailing Twelve Month Adjusted EBITDA $ 467,796 $ 441,030
Current portion of long-term debt and finance lease obligations $ 150,000 $ 166,418
Term loan, Senior Secured Notes, AR securitization facility and finance lease obligations 2,262,308 2,226,589
Total debt $ 2,412,308 $ 2,393,007
Standby letters of credit 19,276 16,067
Cash and cash equivalents (110,900) (96,562)
AR securitization facility obligations3
$ (42,762) (53,127)
Credit Agreement Net Debt $ 2,277,922 $ 2,259,385
Credit Agreement Net Leverage Ratio 4.9x 5.1x
1 EBITDA is normalized to include a full year of performance from Kito Crosby and Divestiture and assumes all cost synergies are achieved in fiscal 2026.
2 For its annual goodwill impairment test for fiscal 2026, the Company elected to bypass the qualitative assessment and performed a quantitative impairment test for its reporting units, comparing the carrying amount of each reporting unit with its estimated fair value. While each of the individual reporting units initially had fair values in excess of their book value, the sustained reduction in the Company's stock price and market capitalization resulted in the aggregate equity value of the combined company exceeding its market capitalization at its annual measurement date. On this basis, the Company reevaluated the fair value of each of its reporting units and this resulted in a partial impairment of the goodwill for the Precision Conveyance reporting unit in the amount of $200,000,000.
3 The Company's Credit Agreement definition of Net Debt excludes any debt related to its AR securitization facility given that borrowings under the AR securitization facility support the Company's short term working capital needs.
Credit Agreement Net Debt is defined in the Company's Credit Agreement as total debt plus standby letters of credit, net of cash and cash equivalents and AR securitization facility obligations. Credit Agreement Net Leverage Ratio is defined as Credit Agreement Net Debt divided by the Credit Agreement Trailing Twelve Month Adjusted EBITDA. Credit Agreement Trailing Twelve Month Adjusted EBITDA is defined in the Company's Credit Agreement as net income (loss) adjusted for interest expense, income taxes, depreciation, amortization, and other adjustments. Credit Agreement Net Debt, Credit Agreement Net Leverage Ratio and Credit Agreement Trailing Twelve Month Adjusted EBITDA are not measures determined in accordance with GAAP and may not be comparable with the measures as used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such
15
CMCO's Growth and Integration Momentum Continues in Q2 FY27; Increases Full Year Guidance
November 3, 2026
as Credit Agreement Net Debt, Credit Agreement Net Leverage Ratio and Credit Agreement Trailing Twelve Month Adjusted EBITDA are important for investors and other readers of the Company’s financial statements.
16
EX-99.2
EX-99.2
Filename: newcmcoq2fy27financialre.htm · Sequence: 3
newcmcoq2fy27financialre
Q2 Fiscal 2027 Financial Results Conference Call November 3, 2026
Safe Harbor Statement 2 This presentation and the accompanying oral discussion contains “forward-looking statements” within the meaning of the Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," “believe,” “continue,” “could,” “estimate,” “expect,” “illustrative,” “intend,” “likely,” “may,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “shall,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. Such forward-looking statements include, among others, statements regarding: (1) our strategy, outlook and growth prospects, including the Company's full year fiscal 2027 guidance, consisting of net sales, Adjusted EBITDA and Adjusted EPS for fiscal 2027, as well as the associated assumed inputs for fiscal 2027 regarding interest expense, including the amount of non-cash amortization of deferred financing fees, amortization expense, depreciation expense, capital expenditures, effective tax rate and Adjusted Diluted Shares Outstanding; (2) our operational and financial targets and capital distribution policy, including regarding our expectation that the dividends payable on the Preferred Shares (as defined herein) will be accrued, accumulated and compounded, rather than being paid in cash, during fiscal 2027 (3) general economic trends and trends in our industry and markets; (4) our ability to successfully integrate the Kito Crosby Acquisition (as defined herein) and achieve targeted net cost synergies and leverage reduction targets; (5) our ability to expand margins in future periods; and (6) the competitive environment in which we operate. Forward-looking statements are not based on historical facts, but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, (1) risks relating to the competitive environment in which we operate; (2) the risk that the integration of Kito Crosby's business and operations into the Company will be more costly or difficult to complete than expected, or that the Company is otherwise unable to achieve its target synergies or that the timeline of such net cost synergy realization may be delayed, including as a result of unexpected factors or events; (3) risks related to the general competitive, economic, political and market conditions and other factors that may affect future results of the Company; and (4) the other risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2026 as well as in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward looking statements speak only as of the date they are made. Columbus McKinnon undertakes no duty to update publicly any such forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority. Non-GAAP Financial Measures and Forward-looking Non-GAAP Financial Measures This presentation will discuss some non-GAAP (“adjusted”) financial measures which we believe are useful in evaluating Columbus McKinnon’s performance. You should not consider the presentation of this additional information in isolation or as a substitute for results prepared in accordance with GAAP. The non-GAAP financial measures are noted and reconciliations of comparable historical GAAP measures with historical non-GAAP financial measures can be found in tables either included in the Supplemental Information portion of this presentation or our filings with the Securities and Exchange Commission.
Q2 FY27 Highlights 3 Growth and Integration Momentum of Combined Business Continues in Q2 FY27 1. On February 3, 2026, the Company closed on the acquisition (the “Kito Crosby Acquisition”) of Kito Crosby Limited (“Kito Crosby”) 2. "Legacy CMCO" is defined as reported Columbus McKinnon adjusting for the removal of the Divestiture (as defined herein) and the Kito Crosby Acquisition in all comparable periods. As part of the Kito Crosby Acquisition, the Company was required to divest its U.S. power chain hoist (other than with respect to Little Mule products) and chain manufacturing operations, which closed on March 4, 2026 (the “Divestiture”) 3. Numbers presented on a pro forma basis normalize for both the Kito Crosby Acquisition and Divestiture as if each transaction had been completed prior to the beginning of the prior year comparison period 4. Non-GAAP financial measure; see definition and reconciliation at the end of this Presentation Integration of Kito Crosby1 remains on track, with synergy realization ahead of plan Orders of $563M grew 13% on a pro forma basis3; Book-to-Bill of 1.0x Net sales of $539M with growth across all geographies and in both Legacy CMCO2 and Kito Crosby Net loss attributable to the Company of $26M, or $0.76 per diluted common share Adjusted EBITDA4 of $111M with Adjusted EBITDA Margin4 of 20.6% Year-to-date Cash flow provided by operations of $21M and Free Cash Flow4 of $5M
Kito Crosby Integration Progressing On Track With Synergy Realization Underway 4 Integration • Established revised Mission, Vision and Values; aligning Culture • Aligning teams to increase effectiveness; retaining best talent • Incentives aligned to key business outcomes • Unifying data and metrics; improving performance • Harmonizing products, processes, systems and capacity • Integrating customer experience • Moving quickly to realize synergies
Structurally improve earnings Increase cash conversion Expand financial flexibility Outgrow attractive markets Actioning On Multiple Levers to Deliver Customer and Shareholder Value 5 Commercial and Operational Initiatives on Track to Increase Customer and Shareholder Value Organic Growth Margin Expansion Free Cash Flow1 Deleveraging +13% Pro Forma Orders Growth YTD +7% Pro Forma Net Sales Growth1 ~610 bps Adjusted EBITDA Margin1 expansion in 1H FY27 +$11M 1H Free Cash Flow1 improvement Y/Y 0.2x Net Leverage Ratio1 improvement YTD 1. Non-GAAP financial measure; see definition and reconciliation at the end of this Presentation
Strong Order Growth with a 1.0x Book-to-Bill Q2 FY27 orders increased 122% Y/Y to $563M: Legacy CMCO3 orders increased driven by strong project business activity, continued strength in Lifting portfolio and traction in Automation Addition of $307M of Kito Crosby orders Strong quotation activity and healthy demand funnel; broad product portfolio resonating with customers Backlog of $556M up 58% Y/Y Addition of Kito Crosby backlog of $220M Orders and Backlog 6 $212.4 $291.3 $139.2 $264.9 $351.6 $556.2 Q2 FY26 Q2 FY27 Book:Bill $253.7 $562.6 1.0x 1.0x Q2 FY26 Q2 FY27 Current Quarter Backlog1 Long-Term Backlog2 1. Expected to ship in Q3 FY27 2. Long term backlog is expected to ship beyond three months 3. “Legacy CMCO" is defined as reported Columbus McKinnon adjusting for the removal of the Divestiture and the Kito Crosby Acquisition in all comparable periods 4. Note: components may not sum due to rounding ($ in millions, $M) BacklogQuarterly Orders
Q2 FY27 net sales of $539M increased 107% Y/Y: Legacy CMCO Net Sales Growth2 of 5% driven by pricing and volume Growth led by project businesses, including Automation and Linear Motion Growth across all geographies Addition of $300M sales from Kito Crosby Acquisition, which reflects pricing and volume growth $34M of unfavorable sales impact from the Divestiture $261.0 $(33.9) $10.1 $2.3 $(0.5) $300.2 $539.3 Q2 FY27 Net Sales Bridge1 Net Sales 7 ($ in millions, $M) 1. Components may not sum due to rounding 2. Non-GAAP financial measure; see definition and reconciliation at the end of this Presentation
Q2 FY27 net loss attributable to the Company of $26M includes: Net contribution from the Kito Crosby Acquisition and Divestiture Increased interest expense Acquisition inventory step-up amortization expense Q2 FY27 Adjusted EBITDA1 of $111M includes: Net contribution from the Kito Crosby Acquisition and Divestiture Pricing and sales volume Expense reductions from cost synergies COGS inflation Higher incentive compensation Adjusted EBITDA1 and Adjusted EBITDA Margin1 8 ($ in millions, $M) $40.2 $111.2 Q2 FY26 Q2 FY27 Net income (loss) attributable to the Company $4.6M ($25.5M) Net income (loss) margin 1.8% (4.7%) Adj. EBITDA Margin1 15.4% 20.6% 1. Non-GAAP financial measure; see definition and reconciliation at the end of this presentation Quarterly Adjusted EBITDA1
Earnings Per Share ($ in millions, $M, except per share data) Q2 FY26 Q2 FY27 1. Non-GAAP financial measure; see definition and reconciliation at the end of this Presentation 2. 800,000 Series A Cumulative Convertible Participating Preferred Shares of the Company, par value $1.00 per share (the “Preferred Shares”) Net income (loss) attributable to the Company $4.6M ($25.5M) Adjusted Net Income1 $17.9M $31.1M Adjusted1 GAAP Quarterly Diluted EPS $0.16 ($0.76) $0.62 $0.61 Net loss attributable to the Company of $26M Includes $7M of non-cash acquisition inventory step-up expense and $12M of integration related costs GAAP loss per share of $0.76 Adjusted Net Income1 of $31M increased $13M Y/Y: Higher operating profit Partially offset by higher interest expense Adjusted EPS1 of $0.61 declined $0.01 Y/Y: Higher Adjusted Net Income1 Offset by higher share count due to the inclusion of 21.8M common shares issuable upon conversion of Preferred Shares2 9
YTD net cash provided by operating activities of $21M and Free Cash Flow1 of $5M Includes Kito Crosby Acquisition-related cash payments of $23M, reflecting deal and integration costs Investment in working capital to support sales growth expected to increasingly convert to cash in 2H FY27 Credit Agreement Net Leverage Ratio1 of 4.9x, down 0.2x YTD Total liquidity of $532M: $421M of Revolving Credit Facility availability $111M of cash and cash equivalents Capital, Liquidity and Cash Flow 10 1H FY27 Free Cash Flow1 Improved; Expected to Accelerate in 2H FY27 Net cash provided by (used for) operating activities $0.2 $21.1 Capital Expenditures (6.5) (16.5) Free Cash Flow1,2 ($6.3) $ 4.6 1. Non-GAAP financial measure; see definition and reconciliation at the end of this Presentation 2. Note: Components may not sum due to rounding ($ in millions, $M) Free Cash Flow1 ($6.3) $4.6 1H FY26 1H FY27 co ponents ay not su due to rounding
FY27 Guidance 11 Current Prior Net Sales $2.13 – $2.17 billion $2.09 – $2.15 billion Adjusted EBITDA1 $425 – $440 million $405 – $420 million Adjusted EPS1 $2.00 – $2.15 $1.90 – $2.10 1. The Company has not reconciled its Adjusted EBITDA, Adjusted EPS or Adjusted Diluted Shares Outstanding guidance for fiscal 2027 to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide guidance for the comparable GAAP financial measures. Forward-looking guidance regarding Adjusted EBITDA, Adjusted EPS and Adjusted Diluted Shares Outstanding are made in a manner consistent with the relevant definitions and assumptions noted herein Fiscal 2027 guidance assumes approximately: Interest Expense $185 – $190 million $185 – $190 million Amortization Expense $130 – $135 million $135 – $140 million Depreciation Expense $80 – $85 million $75 – $80 million Capital Expenditures $45 – $55 million $50 – $60 million Normalized Effective Tax Rate, as used in the calculation of Adjusted EPS 25% 25% Adjusted Diluted Shares Outstanding 52 million 52 million
SUPPLEMENT
Non-GAAP Financial Measures The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this presentation to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). The Company has provided this non-GAAP financial information, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in this presentation that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with, the GAAP financial measures presented in this presentation. The non-GAAP financial measures in this presentation may differ from similarly titled measures used by other companies. Adjusted Gross Profit and Adjusted Gross Margin Adjusted RSG&A and Adjusted RSG&A Margin Adjusted Net Income and Adjusted EPS Adjusted EBITDA and Adjusted EBITDA Margin Legacy CMCO Net Sales and Legacy CMCO Net Sales Growth Pro Forma Net Sales and Pro Forma Net Sales Growth Free Cash Flow Credit Agreement Net Leverage Ratio, Credit Agreement Net Debt, Credit Agreement Adjusted EBITDA and Credit Agreement Adjusted EBITDA Margin
Non-GAAP Measures: Adjusted Gross Profit and Adjusted Gross Margin
Non-GAAP Measures: Adjusted Net Income and Adjusted EPS
Non-GAAP Measures: Adjusted RSG&A and Adjusted RSG&A Margin
Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin
Non-GAAP Measures: Legacy CMCO Net Sales
Non-GAAP Measures: Pro Forma Net Sales
Non-GAAP Measures: Free Cash Flow (FCF)
Non-GAAP Financial Measure: Credit Agreement Net Leverage Ratio Credit Agreement Net Debt is defined in the Company's Credit Agreement as total debt plus standby letters of credit, net of cash and cash equivalents and AR securitization facility obligations. Credit Agreement Net Leverage Ratio is defined as Credit Agreement Net Debt divided by the Credit Agreement Trailing Twelve Month Adjusted EBITDA. Credit Agreement Trailing Twelve Month Adjusted EBITDA is defined in the Company's Credit Agreement as net income (loss) adjusted for interest expense, income taxes, depreciation, amortization, and other adjustments. Credit Agreement Net Debt, Credit Agreement Net Leverage Ratio and Credit Agreement Trailing Twelve Month Adjusted EBITDA are not measures determined in accordance with GAAP and may not be comparable with the measures as used by other companies. Nevertheless, the Company believes that providing non-GAAP financial measures, such as Credit Agreement Net Debt, Credit Agreement Net Leverage Ratio and Credit Agreement Trailing Twelve Month Adjusted EBITDA are important for investors and other readers of the Company’s financial statements. 1 EBITDA is normalized to include a full year of performance from Kito Crosby and Divestiture and assumes all cost synergies are achieved in fiscal 2026. 2 For its annual goodwill impairment test for fiscal 2026, the Company elected to bypass the qualitative assessment and performed a quantitative impairment test for its reporting units, comparing the carrying amount of each reporting unit with its estimated fair value. While each of the individual reporting units initially had fair values in excess of their book value, the sustained reduction in the Company's stock price and market capitalization resulted in the aggregate equity value of the combined company exceeding its market capitalization at its annual measurement date. On this basis, the Company reevaluated the fair value of each of its reporting units and this resulted in a partial impairment of the goodwill for the Precision Conveyance reporting unit in the amount of $200,000,000. 3 The Company's Credit Agreement definition of Net Debt excludes any debt related to its AR securitization facility given that borrowings under the AR securitization facility support the Company's short term working capital needs.
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XML — IDEA: XBRL DOCUMENT
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Filename: R1.htm · Sequence: 31
v3.26.3
Document and Entity Information Document
Nov. 03, 2026
Document Information [Line Items]
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Soliciting Material
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Title of 12(b) Security
Common Stock, $0.01 par value per share
Entity Address, Address Line One
13320 Ballantyne Corporate Place, Suite D
Entity File Number
001-34362
Document Type
8-K
Document Period End Date
Nov. 03, 2026
Entity Registrant Name
Columbus McKinnon Corporation
Entity Incorporation, State or Country Code
NY
Entity Tax Identification Number
16-0547600
Entity Address, City or Town
Charlotte
Entity Address, State or Province
NC
Entity Address, Postal Zip Code
28277
City Area Code
716
Local Phone Number
689-5400
Trading Symbol
CMCO
Security Exchange Name
NASDAQ
Entity Central Index Key
0001005229
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