Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
KION GROUP AG is a German multinational manufacturer of materials handling equipment, headquartered in Frankfurt, Hesse. It stands as the world's second-largest forklift truck producer by revenue and the leading global supplier of warehouse automation equipment. The company operates through two main segments: Industrial Trucks & Services, offering forklift trucks, warehouse trucks, counterbalance trucks with electric and combustion engines, narrow aisle trucks, lithium-ion batteries, components, spare parts, and related maintenance and financial services; and Intelligent Automation Solutions, providing integrated automation technologies, software, and intralogistics systems for supply chain optimization. KION GROUP AG markets its products under prominent brands including Dematic for automated material flow and supply chain processes, premium brands Linde and STILL, economy brand Baoli, and regional leaders Fenwick in France and OM in Italy and India. Serving diverse industries such as e-commerce, logistics, supermarkets, factories, warehouses, and distribution centers across more than 100 countries on six continents, it maintains around 2,000 sales and service locations worldwide, ensuring efficient material and information flow for customers of all sizes.
Operating margin is thin at 4.40%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.8% YoY. Margins deteriorated 2.5pp alongside, both lines moving the wrong way.
Net debt of €6.90B represents 6.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€11.28B
▼ -1.8% YoY
Net Income (TTM)
€380M
▼ -34.9% YoY
Op. Margin
6.33%
▼ -2.5pp YoY
ROIC
2.47%
▼ -1.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1.12B
▼ -3.3% YoY
Op. Cash Flow (TTM)
€1.12B
▼ -3.3% YoY
Net Debt
€6.90B
Cash & Equiv.
€525M
3Y CAGR: +0.5%
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