Kone Overview

  • Year Founded
  • 1910

Year Founded

  • Status
  • Public

  • Employees
  • 63,536


  • Stock Symbol

Stock Symbol

  • Investments
  • 91

  • Share Price
  • $46.97
  • (As of Monday Closing)

Kone General Information


Kone is a global top-four 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, modernizing 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. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

Contact Information

Formerly Known As
Kone machine
Ownership Status
Publicly Held
Financing Status
Primary Industry
Building Products
Other Industries
Other Commercial Products
Stock Exchange
Corporate Office
  • P.O. Box 7
  • 02150 Espoo
  • Finland
+358 020 0000

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Kone Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$46.97 $47.29 $39.41 - $58.44 $24.3B 518M 583K $1.94

Kone Financials Summary

In Thousands,
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 26,069,494 26,069,494 26,584,455 37,133,325
Revenue 11,851,215 11,851,215 11,467,338 12,430,806
EBITDA 1,581,237 1,581,237 1,329,079 1,816,957
Net Income 1,001,785 1,001,785 814,312 1,199,087
Total Assets 9,651,025 9,651,025 9,748,523 11,005,638
Total Debt 610,733 610,733 571,159 619,438
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Kone Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Kone Comparisons

HQ Location
Total Raised
Post Valuation
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and to
Building Products
Espoo, Finland
63,536 As of 2023


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Ebikon, Switzerland
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00000 0000000000 000
Farmington, CT
00000 As of 0000
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Kone Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Schindler Holding Corporation Ebikon, Switzerland 00000 00000000
Otis (Electrical Equipment) Corporation Farmington, CT 00000 00000 000000000 00 00000
Fujitec Co Corporation Tokyo, Japan 00000 000000000
You’re viewing 3 of 3 competitors. Get the full list »

Kone Executive Team (62)

Name Title Board Seat Contact Info
Pascal Lekeu Director New Equipment Business KONE France
Ilkka Hara Chief Financial Officer, Finance
Tomio Pihkala Chief Technology Officer, Executive Vice President and Member of the Executive Board
Antti Koskelin Senior Vice President & Chief Information Officer
Tricia Weener Chief Marketing Officer
You’re viewing 5 of 62 executive team members. Get the full list »

Kone Board Members (15)

Name Representing Role Since
0000 00000000 Kone Executive, Commercial & Operations Strategy & Transformation (interim) and Member of the Executive Board 000 0000
00000 000000 Kone Board Member 000 0000
00000 000000 Kone Board Member & Vice Chairman 000 0000
00000 0000000 Kone Executive Vice President of South Europe and Mediterranean region and Member of the Executive Board 000 0000
0000000 0000000000 Self Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Kone Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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Kone Investments & Acquisitions (91)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PACA Ascenseurs Services 01-Feb-2024 0000000000 Other Commercial Services 0000000 0
ElevaHogar 24-Jul-2023 0000000000 Construction and Engineering
ATH (Machinery) 01-Jul-2023 0000000000 Machinery (B2B)
Arctic impulse 18-Jan-2023 0000 00000 00000 Energy Exploration
Liftkom Service 01-Jun-2022 Merger/Acquisition Other Commercial Services
You’re viewing 5 of 91 investments and acquisitions. Get the full list »

Kone Subsidiaries (19)

Company Name Industry Location Founded
TAKA Elevator Company Other Commercial Services Orlando, FL 2012
Liftman Other Commercial Services Sainghin-En-Melantois, France 0000
Giant Kone Elevator Company Other Commercial Products Shanghai, China 0000
ATH (Machinery) Machinery (B2B) Heilbronn, Germany 0000
Liftkom Service Other Commercial Services Sofia, Bulgaria 0000
You’re viewing 5 of 19 subsidiaries. Get the full list »

Kone ESG

Risk Overview

Risk Rating

Updated October, 03, 2023

16.64 | Low Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,173






00 of 606




Industrial Machinery


00 of 450




To view Kone’s complete esg history, request access »

Kone Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
Eagle Elevator 02-May-2012 000000000000000000 Completed
  • 0000
Arundel Elevator Consulting 27-Mar-2008 000000000000000000 Completed
  • 0000
Lalesse Europe 01-Jan-2005 000000000000000000 Completed
  • 0000
Southwest Elevator Company Merger/Acquisition Completed
To view Kone’s complete exits history, request access »

Kone FAQs

  • When was Kone founded?

    Kone was founded in 1910.

  • Who is the CEO of Kone?

    Pascal Lekeu is the CEO of Kone.

  • Where is Kone headquartered?

    Kone is headquartered in Espoo, Finland.

  • What is the size of Kone?

    Kone has 63,536 total employees.

  • What industry is Kone in?

    Kone’s primary industry is Building Products.

  • Is Kone a private or public company?

    Kone is a Public company.

  • What is Kone’s stock symbol?

    The ticker symbol for Kone is KNEBV.

  • What is the current stock price of Kone?

    As of 15-Apr-2024 the stock price of Kone is $46.97.

  • What is the current market cap of Kone?

    The current market capitalization of Kone is $24.3B.

  • What is Kone’s current revenue?

    The trailing twelve month revenue for Kone is $11.9B.

  • Who are Kone’s competitors?

    Schindler Holding, Otis (Electrical Equipment), and Fujitec Co are competitors of Kone.

  • What is Kone’s annual earnings per share (EPS)?

    Kone’s EPS for 12 months was $1.94.

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