Columbus McKinnon (CMCO) Q4 Earnings: Revenue +10.5%, EPS +6.6% Amid Margin Pressures

Columbus McKinnon (NASDAQ:CMCO) posted Q4 CY2025 revenue of $258.7 million, up 10.5% YoY, and non-GAAP EPS of $0.62, 6.6% above consensus. The strong results reflect stabilization in U.S. short-cycle order activity, gains in automation and lifting, and execution of commercial initiatives, supported by a robust backlog. CEO David Wilson noted continued double-digit growth in sales, orders, EPS, and backlog as the company integrates the Kito Crosby acquisition and prepares to close its U.S. power chain hoist and chain operations divestiture. Management expects margin improvement through these transactions, though ongoing pressures from tariffs, product mix, and softer EMEA demand are expected to temper growth. The company trades at $23.44, up from $22.90 before the earnings. Key watchpoints include synergy realization from the Kito Crosby integration, progress toward margin neutrality, and the impact of the power chain divestiture.