Columbus McKinnon reports 24% annual sales growth, driven by acquisition and organic gains, despite divestiture impacts.
Columbus McKinnon (NASDAQ:CMCO) reported fiscal 2026 net sales of $1.2 billion, a 24% increase from the prior year. The growth was fueled by organic expansion, pricing, volume gains, and $188 million from the Kito Crosby acquisition, partially offset by divestitures.
Orders rose 20% and adjusted EBITDA grew 16% year over year. The Kito Crosby deal, closed in February 2026, contributed two months of results, while the divestiture of U.S. power chain hoist operations closed on March 4, 2026, affecting comparability.
Excluding the divestiture, legacy CMCO sales grew 7%, while the combined company saw 6% pro forma growth for the full year.