Columbus Operating Income from 2010 to 2024

CMCO Stock  USD 40.41  0.22  0.55%   
Columbus McKinnon Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about 56.1 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Columbus McKinnon generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1995-12-31
Previous Quarter
21.2 M
Current Value
10.8 M
Quarterly Volatility
18 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Columbus McKinnon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Columbus McKinnon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.8 M, Interest Expense of 39.9 M or Selling General Administrative of 74.7 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0127 or PTB Ratio of 1.3. Columbus financial statements analysis is a perfect complement when working with Columbus McKinnon Valuation or Volatility modules.
  
Check out the analysis of Columbus McKinnon Correlation against competitors.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

Latest Columbus McKinnon's Operating Income Growth Pattern

Below is the plot of the Operating Income of Columbus McKinnon over the last few years. Operating Income is the amount of profit realized from Columbus McKinnon operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Columbus McKinnon is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Columbus McKinnon's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Columbus McKinnon's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Columbus Operating Income Regression Statistics

Arithmetic Mean59,299,020
Geometric Mean53,510,991
Coefficient Of Variation44.19
Mean Deviation20,613,984
Median54,648,000
Standard Deviation26,202,230
Sample Variance686.6T
Range88M
R-Value0.57
Mean Square Error501.6T
R-Squared0.32
Significance0.03
Slope3,322,525
Total Sum of Squares9611.8T

Columbus Operating Income History

202456.1 M
2023109.4 M
202297.8 M
202173.8 M
202021.4 M
201989.8 M
201869.4 M

Other Fundumenentals of Columbus McKinnon

Columbus McKinnon Operating Income component correlations

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About Columbus McKinnon Financial Statements

Columbus McKinnon investors utilize fundamental indicators, such as Operating Income, to predict how Columbus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income109.4 M56.1 M
Non Operating Income Net Other4.1 M4.3 M

Pair Trading with Columbus McKinnon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbus McKinnon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbus Stock

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Moving against Columbus Stock

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The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbus McKinnon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbus McKinnon to buy it.
The correlation of Columbus McKinnon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbus McKinnon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out the analysis of Columbus McKinnon Correlation against competitors.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbus McKinnon. If investors know Columbus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbus McKinnon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
34.771
Quarterly Revenue Growth
(0.06)
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.