Konecranes Overview

  • Year Founded
  • 1910

Year Founded

  • Status
  • Public

  • Employees
  • 16,553


  • Stock Symbol
  • KCR

Stock Symbol

  • Investments
  • 54

  • Share Price
  • $55.65
  • (As of Tuesday Closing)

Konecranes General Information


Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

Contact Information

Formerly Known As
KCI Konecranes, KONE Corporation
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Machinery (B2B)
Other Industries
Other Commercial Services
Industrial Supplies and Parts
Stock Exchange
Corporate Office
  • PO Box 661 (Koneenkatu 8)
  • 05801 Hyvinkaa
  • Finland
+358 020 00000

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Konecranes Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$55.65 $56.26 $29.89 - $60.50 $4.41B 79.2M 137K $3.86

Konecranes Financials Summary

In Thousands,
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 4,519,336 4,112,048 3,155,697 3,851,185
Revenue 4,325,885 4,298,220 3,528,404 3,758,409
EBITDA 560,433 554,131 343,073 389,213
Net Income 306,263 298,220 147,512 173,680
Total Assets 4,965,929 5,032,222 4,654,849 4,354,295
Total Debt 1,037,678 1,055,546 1,186,286 979,484
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Konecranes Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Konecranes Comparisons

HQ Location
Total Raised
Post Valuation
Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It
Machinery (B2B)
Hyvinkaa, Finland
16,553 As of 2024
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000000000 (000)
Yamanashi, Japan
0000 As of 0000
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000000000000 00000

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000000000 (000)
Mannheim, Germany
00 As of 0000
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Konecranes Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
KITO Private Equity-Backed Yamanashi, Japan 0000 00000 000000000000 00000
KW Kranwerke Private Equity-Backed Mannheim, Germany 00 000000000000
Columbus McKinnon Corporation Getzville, NY 0000 00.000 000000000 00 00.000
Mazzella Companies Angel-Backed Cleveland, OH 0000 0000 000000000 00 0000
Shanghai Zhenhua Heavy Industries Company Corporation Shanghai, China 0000
You’re viewing 5 of 17 competitors. Get the full list »

Konecranes Patents

Konecranes Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240132325-A1 Method, elevator, and electric power converter Pending 02-Jan-2024 00000000
DE-202023105656-U1 Traction sheave elevator Active 28-Sep-2023 00000000000
DE-202023106217-U1 Lifting motor for a lift and elevator Active 14-Dec-2022 00000000000
EP-4335804-A1 A driving device for an escalator Pending 09-Sep-2022 000000000 0
EP-4282803-A1 A conveyor system Pending 25-May-2022 B66B5/0037 0
To view Konecranes’s complete patent history, request access »

Konecranes Executive Team (37)

Name Title Board Seat Contact Info
Anders Svensson Chief Executive Officer & President
Teo Ottola Chief Financial Officer, Finance & Deputy CEO
Jacob Forselles Chief Strategy Officer
Tom Kurtz General Manager, MTS, Konecranes Region Americas
Jukka Pentinnen Director for Machine Tool Service (MTS)
You’re viewing 5 of 37 executive team members. Get the full list »

Konecranes Board Members (14)

Name Representing Role Since
000000 00000 00.0 Konecranes Board Member 000 0000
000000 00000000000 Self Board Member 000 0000
0000 000000000000 Konecranes Board Member 000 0000
000 000000000 Self Board Member 000 0000
You’re viewing 4 of 14 board members. Get the full list »

Konecranes 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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Konecranes Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Konecranes Investments & Acquisitions (54)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kocks Kranbau 02-Apr-2024 0000000000 Machinery (B2B) 00000 000
Industrial Crane Service Business 21-Jun-2023 0000000000 00.000 Other Commercial Services 00000 000
Whiting Corporation (Industrial and Nuclear Crane and Crane Service Businesses) 04-Apr-2023 0000000000 Machinery (B2B) 00000 00ö
Garabi Industrial Technologies (Crane Maintenance Business) 01-Jul-2022 0000000000 00.000 Other Commercial Services
Wärtsilä (Machine Tool Maintenance Operations) 10-Mar-2020 Merger/Acquisition Other Commercial Services 00000 000
You’re viewing 5 of 54 investments and acquisitions. Get the full list »

Konecranes Subsidiaries (2)

Company Name Industry Location Founded
Schneider W + K Other Commercial Services Heilbronn, Germany 1985
Mhe-demag (S) Other Commercial Products Singapore, Singapore 0000
To view Konecranes’s complete subsidiaries history, request access »

Konecranes ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

13.45 | 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 16,191






00 of 617




Heavy Machinery and Trucks


0. of 140




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

Konecranes Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
Techniplus 02-Nov-2010 000000000000000000 Completed
  • 0000000000
Konecranes Machine Tool Service 28-Oct-2009 000000000000000000 Completed
  • 0000000000
STAHL CraneSystems 01-Dec-2005 Merger/Acquisition Completed
To view Konecranes’s complete exits history, request access »

Konecranes FAQs

  • When was Konecranes founded?

    Konecranes was founded in 1910.

  • Who is the CEO of Konecranes?

    Anders Svensson is the CEO of Konecranes.

  • Where is Konecranes headquartered?

    Konecranes is headquartered in Hyvinkaa, Finland.

  • What is the size of Konecranes?

    Konecranes has 16,553 total employees.

  • What industry is Konecranes in?

    Konecranes’s primary industry is Machinery (B2B).

  • Is Konecranes a private or public company?

    Konecranes is a Public company.

  • What is Konecranes’s stock symbol?

    The ticker symbol for Konecranes is KCR.

  • What is the current stock price of Konecranes?

    As of 11-Jun-2024 the stock price of Konecranes is $55.65.

  • What is the current market cap of Konecranes?

    The current market capitalization of Konecranes is $4.41B.

  • What is Konecranes’s current revenue?

    The trailing twelve month revenue for Konecranes is $4.33B.

  • Who are Konecranes’s competitors?

    KITO, KW Kranwerke, Columbus McKinnon, Mazzella Companies, and Shanghai Zhenhua Heavy Industries Company are some of the 17 competitors of Konecranes.

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

    Konecranes’s EPS for 12 months was $3.86.

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