Kone Overview

  • Founded
  • 1910
  • Status
  • Public
  • Employees
  • 60,592
  • Stock Symbol
Stock Symbol
  • Investments
  • 76
  • Share Price
  • $79.91
  • (As of Thursday Closing)

Kone General Information


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 its business is in elevators, which are more numerous globally than escalators.

Contact Information

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

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$79.91 $78.53 $47.27 - $89.71 $41.4B 518M 785K $2.03

Kone Financials Summary

In Thousands,
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 45,669,409 33,800,603 24,232,848 27,143,555
Revenue 11,195,196 11,174,074 10,704,028 9,920,605
EBITDA 1,621,316 1,608,082 1,379,970 1,470,492
Net Income 1,047,671 1,042,539 992,200 1,077,917
Total Assets 10,243,264 9,648,378 8,846,946 8,952,060
Total Debt 584,679 614,638 254,061 282,050
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
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
60,592 As of 2020


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Ebikon, Switzerland
00000 As of 0000


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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
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Kone Executive Team (47)

Name Title Board Seat Contact Info
Henrik Ehrnrooth President & Chief Executive Officer
Pascal Lekeu Chief Executive Officer, Belux
Kelly Leitch President
Ilkka Hara Chief Financial Officer
Maciej Kranz Chief Technology Officer
You’re viewing 5 of 47 executive team members. Get the full list »

Kone Board Members (2)

Name Representing Role Since
00000 00000 Kone Mergers & Acquisitions & Strategic Alliances, Legal Affairs and Board Member 000 0000
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Kone Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-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 (76)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000 0000 01-Jan-2019 000000000000000000 Other Commercial Services
00000 00000000 01-Dec-2018 000000000000000000 Other Commercial Services 00000 0000
000000000 00000000 03-Apr-2018 000000000000000000 Other Commercial Services 00000 0000
0000000000 000000 19-Dec-2017 000000000000000000 Other Commercial Services 000000 00000000
Shan On Engineering Company 11-Dec-2017 Merger/Acquisition Other Commercial Services 0000000 0000000
You’re viewing 5 of 76 investments and acquisitions. Get the full list »

Kone Subsidiaries (19)

Company Name Industry Location Founded
Heartland Elevator Other Commercial Services Lewisville, TX 2014
0000 00000000 0000 Other Commercial Services Orlando, FL 0000
00000 0000 0000000 Machinery (B2B) Huzhou, China 0000
000000 00000000 00 Other Commercial Services Dublin, CA 0000
000000000000 00000 Other Commercial Products Athens, Greece 0000
You’re viewing 5 of 19 subsidiaries. Get the full list »

Kone Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 000000 01-Jan-2005 000000000000000000 Completed
  • 0000
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