Kone Overview
- Year Founded
-
1910
- Status
-
Public
- Employees
-
64,663
- Stock Symbol
-
KNEBV
- Investments
-
92
- Share Price
-
$57.81
- (As of Thursday Closing)
Kone General Information
Description
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
Website
www.kone.comCorporate Office
- Keilasatama 3
- PO Box 7
- 02150 Espoo
- Finland
Corporate Office
- Keilasatama 3
- PO Box 7
- 02150 Espoo
- Finland
Kone Stock Performance
As of 24-Apr-2025, Kone’s stock price is $57.81. Its current market cap is $29.9B with 518M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $57.81 | $57.93 | $46.53 - $61.18 | $29.9B | 518M | 588K | $1.99 |
Kone Financials Summary
As of 31-Dec-2024, Kone has a trailing 12-month revenue of $12B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 25,552,381 | 25,552,381 | 26,069,494 | 26,584,455 |
| Revenue | 12,009,566 | 12,009,566 | 11,851,215 | 11,467,338 |
| EBITDA | 1,666,649 | 1,666,649 | 1,581,237 | 1,329,079 |
| Net Income | 1,029,401 | 1,029,401 | 1,001,785 | 814,312 |
| Total Assets | 9,660,982 | 9,660,982 | 9,651,025 | 9,748,523 |
| Total Debt | 870,334 | 870,334 | 613,276 | 571,159 |
Kone Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Kone Comparisons
Industry
Financing
Details
Kone Competitors (4)
One of Kone’s 4 competitors is Schindler Holding, a Corporation company based in Ebikon, Switzerland.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Schindler Holding | Corporation | Ebikon, Switzerland | ||||
| Otis (Electrical Equipment) | Corporation | Farmington, CT | ||||
| Fujitec Co | Corporation | Tokyo, Japan | ||||
| Hussmann | Formerly PE-Backed | Bridgeton, MO |
Kone Patents
Kone Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-2183179-A1 | Arrangement in an overspeed governor of an elevator | Inactive | 30-Aug-2007 | ||
| EP-2183179-A4 | Arrangement in an overspeed governor of an elevator | Inactive | 30-Aug-2007 | ||
| US-5797471-A | In an elevator system | Inactive | 19-Jul-1996 | ||
| JP-H08169653-A | Energy-saving system for elevator | Pending | 16-Sep-1994 | ||
| GB-9424988-D0 | Apparatus for the filtering of harmonics | Active | 28-Dec-1993 | H02M1/4266 |
Kone Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Kone Investments & Acquisitions (92)
Kone’s most recent deal was a Merger/Acquisition with Capitol Elevator. The deal was made on 04-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Capitol Elevator | 04-Sep-2024 | Merger/Acquisition | Distributors/Wholesale | ||
| Orbitz Elevators | 08-May-2024 | Merger/Acquisition | Other Commercial Services | ||
| PACA Ascenseurs Services | 02-Feb-2024 | Merger/Acquisition | Other Commercial Services | ||
| ElevaHogar | 24-Jul-2023 | Merger/Acquisition | Construction and Engineering | ||
| ATH (Machinery) | 01-Jul-2023 | Merger/Acquisition | Machinery (B2B) |
Kone ESG
Risk Overview
Risk Rating
Updated December, 25, 2024
23.93 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
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.
Global
Covered Companies
of 15,109
Rank
Percentile
Machinery
Industry
of 587
Rank
Percentile
Industrial Machinery
Subindustry
of 434
Rank
Percentile
Kone Exits (5)
Kone’s most recent exit was on 01-Jan-2019 from TAKA Elevator Company. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| TAKA Elevator Company | 01-Jan-2019 | Completed |
|
||
| Eagle Elevator | 02-May-2012 | Completed |
|
||
| Arundel Elevator Consulting | 27-Mar-2008 | Completed |
|
||
| Lalesse Europe | 01-Jan-2005 | Completed |
|
||
| Southwest Elevator Company | Merger/Acquisition | Completed |
Kone Affiliates
Subsidiaries (34)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| 2stp | Annecy, France | 2016 | |
| Orbitz Elevators | Southport, Australia | 2014 | |
| Delta Ascenseurs | Bouc-Bel-Air, France | 2006 | |
| Sarl R.M.D. | Saint-Jean-De-Vedas, France | 2006 | |
| Kone Dører Og Rulletrapper | Oslo, Norway | 2005 |
Kone FAQs
-
When was Kone founded?
Kone was founded in 1910.
-
Where is Kone headquartered?
Kone is headquartered in Espoo, Finland.
-
What is the size of Kone?
Kone has 64,663 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 24-Apr-2025 the stock price of Kone is $57.81.
-
What is the current market cap of Kone?
The current market capitalization of Kone is $29.9B.
-
What is Kone’s current revenue?
The trailing twelve month revenue for Kone is $12B.
-
Who are Kone’s competitors?
Schindler Holding, Otis (Electrical Equipment), Fujitec Co, and Hussmann are competitors of Kone.
-
What is Kone’s annual earnings per share (EPS)?
Kone’s EPS for 12 months was $1.99.
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