Columbus McKinnon Corp
NASDAQ:CMCO
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Gross Margin
Columbus McKinnon Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 1.1B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 83.1B USD |
Gross Margin |
36%
|
Country | US |
Market Cap | 76.5B USD |
Gross Margin |
44%
|
Country | SE |
Market Cap | 822.1B SEK |
Gross Margin |
43%
|
Country | JP |
Market Cap | 7.4T JPY |
Gross Margin |
21%
|
Country | US |
Market Cap | 37.3B USD |
Gross Margin |
30%
|
Country | US |
Market Cap | 37B USD |
Gross Margin |
44%
|
Country | CH |
Market Cap | 26.8B CHF |
Gross Margin |
22%
|
Country | US |
Market Cap | 28.6B USD |
Gross Margin |
37%
|
Country | US |
Market Cap | 25.9B USD |
Gross Margin |
38%
|
Country | US |
Market Cap | 25.8B USD |
Gross Margin |
60%
|
Columbus McKinnon Corp
Glance View
Columbus McKinnon Corp., a name synonymous with industrial prowess, is a leading designer, manufacturer, and marketer of motion control products and solutions. The company's journey unfolds like that of a skilled artisan at work, meticulously crafting products that facilitate the precise movement and lifting of materials. Established in the late 1800s, Columbus McKinnon has matured into a global force by embracing innovation and adaptation, navigating the complex demands of industries ranging from construction and automotive to energy and entertainment. Within its expansive product portfolio, one finds a diverse array of hoists, cranes, actuators, and lifting equipment—all engineered with precision to address the intricate requirements of its clientele. The heartbeat of Columbus McKinnon's business model is its ability to integrate high-quality products with comprehensive service offerings, such as parts, repair, and safety training, creating a synergistic relationship with its customers. This integrated approach not only builds lasting partnerships but also ensures a recurring revenue stream beyond initial equipment sales. Additionally, Columbus McKinnon's strategic acquisitions and global expansion endeavors underscore its commitment to widening its reach and deepening its influence. The company capitalizes on key industry trends, such as digitalization and automation, which drive demand for smarter and more efficient motion control solutions. By aligning its operations with the evolving needs of its customers, Columbus McKinnon remains steadfastly anchored in its mission to enable safe and reliable material handling worldwide.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Columbus McKinnon Corp's most recent financial statements, the company has Gross Margin of 35.1%.