WNC vs. CMCO
WNC (Wabash National Corporation) and CMCO (Columbus McKinnon Corporation) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, WNC returned 2.05%/yr vs 0.00%/yr for CMCO. At a 0.38 correlation, their price movements are largely independent.
Performance
WNC vs. CMCO - Performance Comparison
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Returns By Period
In the year-to-date period, WNC achieves a 48.30% return, which is significantly higher than CMCO's -17.97% return.
WNC
- 1D
- 4.48%
- 1M
- 62.16%
- YTD
- 48.30%
- 6M
- 43.82%
- 1Y
- 25.96%
- 3Y*
- -20.27%
- 5Y*
- -2.65%
- 10Y*
- 2.05%
CMCO
- 1D
- -3.51%
- 1M
- -6.02%
- YTD
- -17.97%
- 6M
- -19.55%
- 1Y
- -1.15%
- 3Y*
- -28.79%
- 5Y*
- -21.15%
- 10Y*
- 0.00%
WNC vs. CMCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WNC Wabash National Corporation | 48.30% | -48.12% | -32.19% | 14.94% | 18.17% | 15.53% | 20.30% | 15.52% | -38.80% | 39.25% |
CMCO Columbus McKinnon Corporation | -17.97% | -52.93% | -3.85% | 21.12% | -29.26% | 20.95% | -3.27% | 33.65% | -24.23% | 48.64% |
Correlation
The correlation between WNC and CMCO is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 1996 | 0.38 |
The correlation between WNC and CMCO shifts across timeframes, from 0.38 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WNC:
$513.31M
CMCO:
$403.14M
WNC:
-$1.56
CMCO:
-$7.97
WNC:
0.36
CMCO:
0.21
WNC:
1.60
CMCO:
0.61
WNC:
$1.47B
CMCO:
$1.89B
WNC:
$29.15M
CMCO:
$567.40M
WNC:
-$18.50M
CMCO:
$23.62M
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Return for Risk
WNC vs. CMCO — Risk / Return Rank
WNC
CMCO
WNC vs. CMCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wabash National Corporation (WNC) and Columbus McKinnon Corporation (CMCO). 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.
| WNC | CMCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.04 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | -0.02 | +0.62 |
| Martin ratioReturn relative to average drawdown | 1.17 | -0.05 | +1.22 |
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Drawdowns
WNC vs. CMCO - Drawdown Comparison
The maximum WNC drawdown since its inception was -98.61%, roughly equal to the maximum CMCO drawdown of -95.20%. Use the drawdown chart below to compare losses from any high point for WNC and CMCO.
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Drawdown Indicators
| WNC | CMCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.61% | -95.20% | -3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -43.80% | -47.51% | +3.71% |
Max Drawdown (3Y)Largest decline over 3 years | -76.39% | -72.77% | -3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -76.14% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -76.39% | -76.92% | +0.53% |
Current DrawdownCurrent decline from peak | -59.73% | -73.26% | +13.53% |
Average DrawdownAverage peak-to-trough decline | -55.56% | -38.58% | -16.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.31% | 21.21% | +1.10% |
Volatility
WNC vs. CMCO - Volatility Comparison
Wabash National Corporation (WNC) and Columbus McKinnon Corporation (CMCO) have volatilities of 23.24% and 23.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNC | CMCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.24% | 23.87% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 44.30% | 39.59% | +4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.04% | 55.52% | +0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.67% | 45.66% | +2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.51% | 44.39% | +1.12% |
Dividends
WNC vs. CMCO - Dividend Comparison
WNC's dividend yield for the trailing twelve months is around 2.54%, more than CMCO's 1.99% 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 | 2.54% | 3.70% | 1.87% | 1.25% | 1.42% | 1.64% | 1.39% | 2.72% | 2.29% | 1.38% | 0.00% | 0.00% |
Financials
WNC vs. CMCO - Financials Comparison
This section allows you to compare key financial metrics between Wabash National Corporation and Columbus McKinnon 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
WNC vs. CMCO - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
WNC and CMCO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMCO has higher volatility (23.87%) compared to WNC (23.24%). In terms of maximum drawdown, WNC dropped -98.61% vs CMCO's -95.20%.
WNC currently has the higher Sharpe Ratio (0.47 vs -0.02), 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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