CMCO vs. WNC
CMCO (Columbus McKinnon Corporation) and WNC (Wabash National Corporation) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, CMCO returned -0.19%/yr vs -3.80%/yr for WNC. At a 0.38 correlation, their price movements are largely independent.
Performance
CMCO vs. WNC - Performance Comparison
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Returns By Period
In the year-to-date period, CMCO achieves a -17.73% return, which is significantly lower than WNC's -5.72% return. Over the past 10 years, CMCO has outperformed WNC with an annualized return of -0.19%, while WNC has yielded a comparatively lower -3.80% annualized return.
CMCO
- 1D
- -9.22%
- 1M
- -8.09%
- YTD
- -17.73%
- 6M
- -16.96%
- 1Y
- -3.73%
- 3Y*
- -27.64%
- 5Y*
- -21.89%
- 10Y*
- -0.19%
WNC
- 1D
- 1.26%
- 1M
- 5.67%
- YTD
- -5.72%
- 6M
- -11.74%
- 1Y
- -10.00%
- 3Y*
- -30.22%
- 5Y*
- -11.55%
- 10Y*
- -3.80%
CMCO vs. WNC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | -17.73% | -52.93% | -3.85% | 21.12% | -29.26% | 20.95% | -3.27% | 33.65% | -24.23% | 48.64% |
WNC Wabash National Corporation | -5.72% | -48.12% | -32.19% | 14.94% | 18.17% | 15.53% | 20.30% | 15.52% | -38.80% | 39.25% |
Correlation
The correlation between CMCO and WNC is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 1996 | 0.38 |
Over the past year, CMCO and WNC have become more correlated (0.59) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
CMCO:
$404.29M
WNC:
$326.32M
CMCO:
-$7.97
WNC:
-$1.56
CMCO:
0.21
WNC:
0.23
CMCO:
0.61
WNC:
1.02
CMCO:
$1.89B
WNC:
$1.47B
CMCO:
$567.40M
WNC:
$29.15M
CMCO:
$23.62M
WNC:
-$18.50M
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Return for Risk
CMCO vs. WNC — Risk / Return Rank
CMCO
WNC
CMCO vs. WNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbus McKinnon Corporation (CMCO) and Wabash National Corporation (WNC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CMCO | WNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.01 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | -0.23 | +0.14 |
| Martin ratioReturn relative to average drawdown | -0.19 | -0.46 | +0.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMCO | WNC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | -0.20 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | -0.25 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | -0.08 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | -0.00 | +0.01 |
Drawdowns
CMCO vs. WNC - Drawdown Comparison
The maximum CMCO drawdown since its inception was -95.20%, roughly equal to the maximum WNC drawdown of -98.61%. Use the drawdown chart below to compare losses from any high point for CMCO and WNC.
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Drawdown Indicators
| CMCO | WNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.20% | -98.61% | +3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -40.14% | -43.80% | +3.66% |
Max Drawdown (3Y)Largest decline over 3 years | -72.13% | -76.39% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -75.58% | -76.39% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -76.37% | -76.39% | +0.02% |
Current DrawdownCurrent decline from peak | -73.18% | -74.40% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -38.53% | -55.55% | +17.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.33% | 21.67% | -2.34% |
Volatility
CMCO vs. WNC - Volatility Comparison
Columbus McKinnon Corporation (CMCO) has a higher volatility of 16.16% compared to Wabash National Corporation (WNC) at 13.46%. This indicates that CMCO's price experiences larger fluctuations and is considered to be riskier than WNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMCO | WNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.16% | 13.46% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 34.92% | 38.15% | -3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.78% | 51.28% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.86% | 46.43% | -1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.95% | 44.99% | -1.04% |
Dividends
CMCO vs. WNC - Dividend Comparison
CMCO's dividend yield for the trailing twelve months is around 1.99%, less than WNC's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | 1.99% | 1.62% | 0.75% | 0.72% | 0.83% | 0.52% | 0.62% | 0.57% | 0.63% | 0.40% | 0.59% | 0.85% |
WNC Wabash National Corporation | 4.00% | 3.70% | 1.87% | 1.25% | 1.42% | 1.64% | 1.39% | 2.72% | 2.29% | 1.38% | 0.00% | 0.00% |
Financials
CMCO vs. WNC - Financials Comparison
This section allows you to compare key financial metrics between Columbus McKinnon Corporation and Wabash National Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CMCO vs. WNC - Profitability Comparison
CMCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported a gross profit of 317.62M and revenue of 1.13B. Therefore, the gross margin over that period was 28.1%.
WNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported a gross profit of -10.58M and revenue of 303.23M. Therefore, the gross margin over that period was -3.5%.
CMCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported an operating income of -160.39M and revenue of 1.13B, resulting in an operating margin of -14.2%.
WNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported an operating income of -52.36M and revenue of 303.23M, resulting in an operating margin of -17.3%.
CMCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported a net income of -238.23M and revenue of 1.13B, resulting in a net margin of -21.1%.
WNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported a net income of -45.17M and revenue of 303.23M, resulting in a net margin of -14.9%.
Frequently Asked Questions
CMCO and WNC have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMCO has higher volatility (16.16%) compared to WNC (13.46%). In terms of maximum drawdown, CMCO dropped -95.20% vs WNC's -98.61%.
CMCO currently has the higher Sharpe Ratio (-0.07 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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