RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Columbus McKinnon Stock

Columbus McKinnon ROA 2024

Columbus McKinnon ROA

0.03

Ticker

CMCO

ISIN

US1993331057

WKN

899458

In 2024, Columbus McKinnon's return on assets (ROA) was 0.03, a 44.93% increase from the 0.02 ROA in the previous year.

Columbus McKinnon Aktienanalyse

What does Columbus McKinnon do?

The Columbus McKinnon Corporation is a globally operating company that operates in the fields of material handling and safety solutions. The company was founded in 1875 in Buffalo, New York, and has since had a vibrant history. Initially specializing in winches and chains, Columbus McKinnon has evolved over time into a leading provider of material handling solutions. In 1977, the company went public, providing it with a solid financial foundation to expand its business further. The company is divided into three main divisions: Material Handling, Commercial Products, and Energy Equipment. These divisions are designed to cover various industries and needs, offering a wide range of products and solutions. In the Material Handling division, Columbus McKinnon manufactures lifting and transport equipment, including chain hoists, electric chain hoists, winches, and pneumatic lifting devices. The company is known for its robust and reliable products, which are used in a variety of applications, from manufacturing to construction. Columbus McKinnon's Commercial Products division produces a wide range of industrial and construction equipment, including cranes, construction equipment, and commercial trailers. Safety and reliability are also a priority here to meet the demands of customers in different industries. The Energy Equipment division specializes in the production of air and gas compressors. These products are used in the energy sector, particularly in the oil and gas industry, to operate components and systems. Columbus McKinnon has also taken a strong leadership role in the development of innovative and cost-effective safety system solutions. This includes fall protection, workplace safety, and material handling. The company offers products such as fall protection systems, gripping tools, and maintenance systems. In this division, Columbus McKinnon holds a number of product patents and a strong commitment to invention and innovation. Another important aspect of Columbus McKinnon's business model is the strategic acquisition of companies in the industry that can add new products and technologies to the overall offering or expand the company's reach. An example of this is the acquisition of Stahlhammer Bommern, a manufacturer of winches and lifting devices from Germany. Overall, the company has a strong global presence and works closely with its customers in various industries to find innovative and effective solutions for their needs. Columbus McKinnon has been in business for over 140 years and has consistently adapted successfully to the changing requirements and needs of its customers. Columbus McKinnon ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Columbus McKinnon's Return on Assets (ROA)

Columbus McKinnon's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Columbus McKinnon's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Columbus McKinnon's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Columbus McKinnon’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Columbus McKinnon stock

What is the Return on Assets (ROA) of Columbus McKinnon this year?

The Return on Assets (ROA) of Columbus McKinnon is 0.03 undefined this year.

What was the ROA of Columbus McKinnon compared to the previous year?

The ROA of Columbus McKinnon has increased by 44.93% compared to the previous year.

What consequences do high ROA have for investors of Columbus McKinnon?

A high ROA is advantageous for investors of Columbus McKinnon, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Columbus McKinnon?

A low ROA can be unfavorable for investors of Columbus McKinnon as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Columbus McKinnon affect the company?

An increase in ROA of Columbus McKinnon can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Columbus McKinnon impact the company?

A reduction in the ROA of Columbus McKinnon can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Columbus McKinnon?

Some factors that can influence the ROA of Columbus McKinnon include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Columbus McKinnon important for investors?

The ROA of Columbus McKinnon is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Columbus McKinnon take to improve ROA?

To improve ROA, Columbus McKinnon can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Columbus McKinnon pay?

Over the past 12 months, Columbus McKinnon paid a dividend of 0.21 USD . This corresponds to a dividend yield of about 0.59 %. For the coming 12 months, Columbus McKinnon is expected to pay a dividend of 0.22 USD.

What is the dividend yield of Columbus McKinnon?

The current dividend yield of Columbus McKinnon is 0.59 %.

When does Columbus McKinnon pay dividends?

Columbus McKinnon pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Columbus McKinnon?

Columbus McKinnon paid dividends every year for the past 13 years.

What is the dividend of Columbus McKinnon?

For the upcoming 12 months, dividends amounting to 0.22 USD are expected. This corresponds to a dividend yield of 0.61 %.

In which sector is Columbus McKinnon located?

Columbus McKinnon is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Columbus McKinnon kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Columbus McKinnon from 8/19/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 8/9/2024.

When did Columbus McKinnon pay the last dividend?

The last dividend was paid out on 8/19/2024.

What was the dividend of Columbus McKinnon in the year 2023?

In the year 2023, Columbus McKinnon distributed 0.28 USD as dividends.

In which currency does Columbus McKinnon pay out the dividend?

The dividends of Columbus McKinnon are distributed in USD.

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Andere Kennzahlen von Columbus McKinnon

Our stock analysis for Columbus McKinnon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Columbus McKinnon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.