Konecranes Overview
- Year Founded
-
1910
- Status
-
Public
- Employees
-
16,842
- Stock Symbol
-
KCR
- Investments
-
56
- Share Price
-
$76.97
- (As of Friday Closing)
Konecranes General Information
Description
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. Industrial Equipment segment includes, trucks, and various hoists include technologies to increase control and equipment capabilities. Port Solutions incorporates those service branches and spare part. The company's 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. Majority of revenue is from Service segment.
Contact Information
Website
www.konecranes.comCorporate Office
- Koneenkatu 8
- 05830 Hyvinkaa
- Finland
Corporate Office
- Koneenkatu 8
- 05830 Hyvinkaa
- Finland
Konecranes Stock Performance
As of 21-Mar-2025, Konecranes’s stock price is $76.97. Its current market cap is $6.1B with 79.2M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $76.97 | $77.79 | $48.85 - $79.68 | $6.1B | 79.2M | 114K | $5.03 |
Konecranes Financials Summary
As of 31-Dec-2024, Konecranes has a trailing 12-month revenue of $4.57B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 5,323,163 | 5,323,163 | 4,112,048 | 3,155,697 |
| Revenue | 4,568,838 | 4,568,838 | 4,287,832 | 3,528,404 |
| EBITDA | 686,484 | 686,484 | 554,131 | 343,073 |
| Net Income | 398,645 | 398,645 | 298,220 | 147,512 |
| Total Assets | 4,982,570 | 4,982,570 | 5,032,222 | 4,654,849 |
| Total Debt | 932,040 | 932,040 | 1,055,546 | 1,186,286 |
Konecranes Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Konecranes Comparisons
Industry
Financing
Details
Konecranes Competitors (20)
One of Konecranes’s 20 competitors is KITO, a Private Equity-Backed company based in Yamanashi, Japan.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| KITO | Private Equity-Backed | Yamanashi, Japan | ||||
| KW Kranwerke | Private Equity-Backed | Mannheim, Germany | ||||
| Mazzella Companies | Angel-Backed | Cleveland, OH | ||||
| Hydratight | Corporate Backed or Acquired | Cramlington, United Kingdom | ||||
| Columbus McKinnon | Corporation | Charlotte, NC |
Konecranes Patents
Konecranes Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250091839-A1 | Maintenance management of people conveyor system | Pending | 04-Dec-2024 | ||
| US-20250091837-A1 | Method for constructing an elevator | Pending | 06-Nov-2024 | ||
| DE-202023105656-U1 | Traction sheave elevator | Active | 28-Sep-2023 | ||
| EP-4520702-A1 | Operating an elevator system in a special operating mode | Pending | 06-Sep-2023 | ||
| EP-4521371-A1 | An access control system and an access control method | Pending | 05-Sep-2023 | G07C9/257 |
Konecranes Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Konecranes Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Konecranes Investments & Acquisitions (56)
Konecranes’s most recent deal was a Merger/Acquisition with Peinemann Port Services. The deal was made on 03-Dec-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Peinemann Port Services | 03-Dec-2024 | Merger/Acquisition | Marine | ||
| Dungs Kran- und Anlagentechnik | 01-Jul-2024 | Merger/Acquisition | Other Commercial Services | ||
| Kocks Kranbau | 02-Apr-2024 | Merger/Acquisition | Machinery (B2B) | ||
| Industrial Crane Service Business | 21-Jun-2023 | Merger/Acquisition | Other Commercial Services | ||
| Whiting Corporation (Industrial and Nuclear Crane and Crane Service Businesses) | 04-Apr-2023 | Merger/Acquisition | Machinery (B2B) |
Konecranes ESG
Risk Overview
Risk Rating
Updated December, 19, 2024
13 | Low 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 14,946
Rank
Percentile
Machinery
Industry
of 579
Rank
Percentile
Heavy Machinery and Trucks
Subindustry
of 136
Rank
Percentile
Konecranes Exits (3)
Konecranes’s most recent exit was on 02-Nov-2010 from Techniplus. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Techniplus | 02-Nov-2010 | Completed |
|
||
| Konecranes Machine Tool Service | 28-Oct-2009 | Completed |
|
||
| STAHL CraneSystems | 01-Dec-2005 | Merger/Acquisition | Completed |
Konecranes Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Schneider W + K | Heilbronn, Germany | 1985 | |
| Mhe-demag (S) | Singapore, Singapore | 1972 |
Konecranes FAQs
-
When was Konecranes founded?
Konecranes was founded in 1910.
-
Where is Konecranes headquartered?
Konecranes is headquartered in Hyvinkaa, Finland.
-
What is the size of Konecranes?
Konecranes has 16,842 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 21-Mar-2025 the stock price of Konecranes is $76.97.
-
What is the current market cap of Konecranes?
The current market capitalization of Konecranes is $6.1B.
-
What is Konecranes’s current revenue?
The trailing twelve month revenue for Konecranes is $4.57B.
-
Who are Konecranes’s competitors?
KITO, KW Kranwerke, Mazzella Companies, Hydratight, and Columbus McKinnon are some of the 20 competitors of Konecranes.
-
What is Konecranes’s annual earnings per share (EPS)?
Konecranes’s EPS for 12 months was $5.03.
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