Kone Overview

  • Founded
  • 1910

Founded
  • Status
  • Public

  • Employees
  • 63,106

Employees
  • Stock Symbol
  • KNEBV

Stock Symbol
  • Investments
  • 80

  • Share Price
  • $43.18

  • (As of Friday Closing)

Kone General Information

Description

Kone, whose name means "machine" in Finnish, is the world's fourth- largest supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, overhauling or modernising old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators.

Contact Information

Website
www.kone.com
Formerly Known As
Kone machine
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Building Products
Other Industries
Other Commercial Products
Stock Exchange
HEL
Primary Office
  • Keilasatama 3
  • P.O. box 7
  • 02150 Espoo
  • Finland
+358 020 0000

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Kone Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$43.18 $43.68 $42.86 - $85.10 $22.4B 518M 834K $1.73

Kone Financials Summary

In Thousands,
USD
TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 24,573,883 37,133,325 42,419,550 33,800,603
Revenue 11,682,339 12,430,806 11,329,024 11,174,074
EBITDA 1,452,269 1,823,223 1,657,091 1,608,082
Net Income 900,461 1,199,087 1,070,606 1,042,539
Total Assets 9,617,783 11,005,638 10,813,869 9,648,378
Total Debt 567,632 619,438 620,272 609,710
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Kone Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Kone Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Kone, whose name means "machine" in Finnish, is the world's fourth- largest supplier of elevators and escalators. Kone b
Building Products
Espoo, Finland
63,106 As of 2022
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0000000000 000000000
Ebikon, Switzerland
00000 As of 0000
00000000

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0000000000 000000000
Farmington, CT
00000 As of 0000
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Kone Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Schindler Holding Corporation Ebikon, Switzerland 00000 00000000
0000 Corporation Farmington, CT 00000 00000000
You’re viewing 2 of 2 competitors. Get the full list »

Kone Patents

Kone Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-69520533-T2 Energy saving device for an elevator Expired - Lifetime 16-Sep-1994 000000000 0
DE-69520533-D1 Energy saving device for an elevator Expired - Lifetime 16-Sep-1994 000000000
EP-0703182-A3 Energy saving device for an elevator Granted 16-Sep-1994 000000000 0
EP-0703182-B1 Energy saving device for an elevator Expired - Lifetime 16-Sep-1994 000000000
EP-0703182-A2 Energy saving device for an elevator Granted 16-Sep-1994 B66B1/302
To view Kone’s complete patent history, request access »

Kone Executive Team (50)

Name Title Board Seat Contact Info
Henrik Ehrnrooth Chief Executive Officer & President
Pascal Lekeu Director New Equipment Business KONE France
Kelly Leitch President
Ilkka Hara Chief Financial Officer, Finance
Maciej Kranz Chief Technology Officer
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Kone Board Members (10)

Name Representing Role Since
00000 000000 Kone Board Member 000 0000
000000 00000000 Kone Board Member 000 0000
00000 000000 Kone Board Member & Vice Chairman 000 0000
00000 0000000 Kone Board Member 000 0000
00000 00000000 00.0 Self Board Member 000 0000
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Kone Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Kone Investments & Acquisitions (80)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 01-Jun-2022 0000000000 Electrical Equipment
0000000000 00 17-Jul-2021 0000000000 Construction and Engineering
0000000 31-Jul-2020 0000000000 Other Commercial Services
0000 00000000 01-Jan-2019 0000000000 Other Commercial Services
Eltec Elevator 01-Dec-2018 Merger/Acquisition Other Commercial Services 00000 000
You’re viewing 5 of 80 investments and acquisitions. Get the full list »

Kone Subsidiaries (21)

Company Name Industry Location Founded
Heartland Elevator Other Commercial Services Lewisville, TX 2014
0000 00000000 0000 Other Commercial Services Orlando, FL 0000
0000000 Other Commercial Services Sainghin-En-Melantois, France 0000
00000 0000 0000000 Machinery (B2B) Huzhou, China 0000
000000 00000000 00 Other Commercial Services Dublin, CA 0000
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Kone Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000000 02-May-2012 000000000000000000 Completed
  • 0000
Lalesse Europe 01-Jan-2005 Merger/Acquisition Completed
To view Kone’s complete exits history, request access »