CMCO vs. XOS
CMCO (Columbus McKinnon Corporation) and XOS (Xos, Inc.) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 3 years, CMCO returned -22.62%/yr vs -49.11%/yr for XOS. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
CMCO vs. XOS - Performance Comparison
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Returns By Period
In the year-to-date period, CMCO achieves a 12.01% return, which is significantly lower than XOS's 15.75% return.
CMCO
- 1D
- -7.30%
- 1M
- 41.48%
- 6M
- -8.34%
- YTD
- 12.01%
- 1Y
- 38.23%
- 3Y*
- -22.62%
- 5Y*
- -15.37%
- 10Y*
- 2.20%
- ALL TIME*
- 1.44%
XOS
- 1D
- 3.71%
- 1M
- -22.69%
- 6M
- -21.24%
- YTD
- 15.75%
- 1Y
- -29.46%
- 3Y*
- -49.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -62.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.86M | $12.53M | $9.62M | |
XOS Xos, Inc. | $175.24K | $248.90K | $15.73M |
CMCO vs. XOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | 12.01% | -52.93% | -3.85% | 21.12% | -29.26% | 9.03% |
XOS Xos, Inc. | 15.75% | -44.14% | -59.40% | -39.94% | -85.94% | -63.54% |
Correlation
The correlation between CMCO and XOS is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2021 | 0.24 |
Fundamentals
CMCO:
$552.72M
XOS:
$21.44M
CMCO:
-$10.98
XOS:
-$1.84
CMCO:
0.37
XOS:
0.44
CMCO:
0.98
XOS:
1.23
CMCO:
$1.49B
XOS:
$51.34M
CMCO:
$428.48M
XOS:
$5.85M
CMCO:
-$48.37M
XOS:
-$17.36M
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Return for Risk
CMCO vs. XOS — Risk / Return Rank
CMCO
XOS
CMCO vs. XOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbus McKinnon Corporation (CMCO) and Xos, Inc. (XOS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CMCO | XOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | -0.43 | +1.14 |
| Martin ratioReturn relative to average drawdown | 1.41 | -0.73 | +2.14 |
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Drawdowns
CMCO vs. XOS - Drawdown Comparison
The maximum CMCO drawdown since its inception was -95.20%, roughly equal to the maximum XOS drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for CMCO and XOS.
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Drawdown Indicators
| CMCO | XOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.20% | -99.38% | +4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -47.51% | -73.86% | +26.35% |
Max Drawdown (3Y)Largest decline over 3 years | -72.77% | -90.69% | +17.92% |
Max Drawdown (5Y)Largest decline over 5 years | -76.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -76.92% | — | — |
Current DrawdownCurrent decline from peak | -63.49% | -99.19% | +35.70% |
Average DrawdownAverage peak-to-trough decline | -38.70% | -89.25% | +50.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.60% | 44.01% | -20.41% |
Volatility
CMCO vs. XOS - Volatility Comparison
Columbus McKinnon Corporation (CMCO) has a higher volatility of 40.54% compared to Xos, Inc. (XOS) at 18.60%. This indicates that CMCO's price experiences larger fluctuations and is considered to be riskier than XOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMCO | XOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 40.54% | 18.60% | +21.94% |
Volatility (6M)Calculated over the trailing 6-month period | 55.49% | 138.41% | -82.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.83% | 247.78% | -177.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.11% | 144.50% | -94.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.65% | 144.50% | -97.85% |
Dividends
CMCO vs. XOS - Dividend Comparison
CMCO's dividend yield for the trailing twelve months is around 1.46%, while XOS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | 1.46% | 1.62% | 0.75% | 0.72% | 0.83% | 0.52% | 0.62% | 0.57% | 0.63% | 0.40% | 0.59% | 0.85% |
XOS Xos, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CMCO vs. XOS - Financials Comparison
This section allows you to compare key financial metrics between Columbus McKinnon Corporation and Xos, Inc.. 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. XOS - Profitability Comparison
CMCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Columbus McKinnon Corporation reported a gross profit of 146.27M and revenue of 531.46M. Therefore, the gross margin over that period was 27.5%.
XOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Xos, Inc. reported a gross profit of 4.33M and revenue of 11.23M. Therefore, the gross margin over that period was 38.6%.
CMCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Columbus McKinnon Corporation reported an operating income of -17.70M and revenue of 531.46M, resulting in an operating margin of -3.3%.
XOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Xos, Inc. reported an operating income of -4.68M and revenue of 11.23M, resulting in an operating margin of -41.7%.
CMCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Columbus McKinnon Corporation reported a net income of -88.73M and revenue of 531.46M, resulting in a net margin of -16.7%.
XOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Xos, Inc. reported a net income of -4.95M and revenue of 11.23M, resulting in a net margin of -44.1%.
Frequently Asked Questions
CMCO and XOS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMCO has higher volatility (40.54%) compared to XOS (18.60%). In terms of maximum drawdown, CMCO dropped -95.20% vs XOS's -99.38%.
CMCO currently has the higher Sharpe Ratio (0.48 vs -0.13), 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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