Kalmar

KALMAR · HE · Industrials / Farm & Heavy Construction Machinery

38.42EUR-0.36 (-0.93%)

Price History

Full chart

Market Stats

Previous Close38.78

Open38.78

Day Range38.18 – 38.78

52-Week Range34.91 – 49.85

Volume22.65K

Market Cap2.44B

P/E (TTM)14.64

Forward P/E0.00

EPS2.61

Dividend Yield2.88%

Beta0.79

50-Day Avg38.00

200-Day Avg41.23

About

Kalmar Oyj provides heavy material handling equipment and services for ports, terminals, distribution centres, manufacturing, and heavy logistics industries in the Americas, Europe, Asia, the Middle East, and Africa. It operates in two segments, Equipment and Services. The company offers reach stackers, forklift trucks, empty container handlers, terminal tractors, straddle carriers, and spreaders. It also provides spare parts; on-call and contract maintenance services; and data, analytics, and AI services. In addition, the company offers lifecycle services, including refurbishments, and fleet management and upgrades; equipment that can use hydrotreated vegetable oil (HVO); and robotics equipment. The company was incorporated in 2024 and is headquartered in Helsinki, Finland.

Company Details

SectorIndustrials
IndustryFarm & Heavy Construction Machinery
CEOMr. Sami Niiranen M.Sc.
Employees5.34K
HeadquartersItAemerenkatu 25, Helsinki, Finland, 00180, Finland
Websitehttps://www.kalmarglobal.com

Leadership

Mr. Sami Niiranen M.Sc.President & CEO · b. 1972
Ms. Katri Hokkanen M.Sc.Chief Financial Officer · b. 1981
Mr. Tommi Pettersson M.Sc.SVP of Strategy, Sustainability & Technology · b. 1968
Ms. Carina Geber-Teir M.Sc.Senior Vice President of IR, Marketing & Communications · b. 1972
Ms. Ulla BonoSVP, General Counsel & Secretary to the Board · b. 1970
Ms. Hanna ReijonenSenior Vice President of Human Resources · b. 1973
Mr. Sakari Ahdekivi MSc(Econ)Executive Officer · b. 1963
Mr. Arto KeskinenPresident of Horizontal Transportation · b. 1974
Mr. Alf-Gunnar KarlgrenPresident of Counter Balanced · b. 1981
Mr. Thomas MalmborgExecutive Officer · b. 1964

Financials

Income Statement

Currency: EUR	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.51B	1.94B	2.05B	1.72B	1.74B
Growth (%)	-	+28.48%	+5.50%	-16.06%	+1.21%
Cost of Revenue	1.20B	1.57B	1.54B	1.27B	1.29B
Gross Profit	308.90M	373.00M	509.30M	452.50M	455.70M
Gross Margin	20.43%	19.20%	24.85%	26.30%	26.17%
Operating Expense	235.60M	235.60M	269.10M	278.10M	235.50M
Operating Income	73.30M	137.40M	240.20M	174.40M	220.20M
Operating Margin	4.85%	7.07%	11.72%	10.14%	12.64%
EBITDA	372.10M	165.60M	312.70M	250.60M	276.00M
EBITDA Margin	24.61%	8.52%	15.26%	14.57%	15.85%
Net Income	261.50M	92.60M	193.80M	127.90M	163.30M
Net Income Margin	17.29%	4.77%	9.46%	7.43%	9.38%
R&D	59.40M	49.50M	54.30M	54.00M	53.80M
R&D as % of Total Revenue	3.93%	2.55%	2.65%	3.14%	3.09%
Interest Expense	5.40M	2.00M	14.00M	17.00M	16.70M
Interest Expense % of Total Revenue	0.36%	0.10%	0.68%	0.99%	0.96%

Balance Sheet

Currency: EUR	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.76B	1.90B	1.85B	1.70B	1.75B
Total Liabilities	983.70M	1.05B	1.03B	1.06B	1.03B
Total Equity	775.90M	853.00M	818.10M	638.20M	717.80M
Cash	102.50M	100.30M	82.60M	260.60M	278.40M
Total Debt	204.70M	171.00M	191.90M	340.90M	367.50M
Net Debt	102.20M	70.70M	109.30M	80.30M	89.10M

Cash Flow

Currency: EUR	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	72.80M	162.00M	221.30M	176.20M	209.30M
Investing Cash Flow	347.50M	-13.60M	-43.30M	-27.90M	-43.70M
Financing Cash Flow	-387.50M	-150.80M	-193.70M	25.70M	-132.20M
Capital Expenditure	28.80M	46.90M	55.90M	40.50M	66.30M
Free Cash Flow	44.00M	115.10M	165.40M	135.70M	143.00M
Dividends Paid	17.60M	55.20M	107.40M	200.00K	64.00M
FCF to OCF	60.44%	71.05%	74.74%	77.01%	68.32%
Dividend Paid to FCF	40.00%	47.96%	64.93%	0.15%	44.76%

Earnings

Report Date	Aug 8, 2024	Nov 1, 2024	Feb 13, 2025	Apr 29, 2025	Jul 25, 2025	Oct 31, 2025	Feb 13, 2026	May 5, 2026	Jul 22, 2026	Oct 29, 2026	Feb 11, 2027
EPS Estimate	0.58	0.55	0.56	0.60	0.60	0.66	0.75	0.66	0.66	0.66	0.76
EPS Actual	0.69	0.60	0.59	0.56	0.62	0.69	0.71	0.61	0.71	0.65	-
Surprise	18.97%	9.09%	3.86%	-6.67%	3.33%	4.55%	-5.33%	-7.58%	7.58%	-1.52%	-
Timing	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours

Key Statistics & Ratios

Market Cap2.44B

Enterprise Value2.39B

Trailing P/E14.64

Forward P/E0.00

Price / Sales1.34

Price / Book3.18

EPS2.61

Book Value11.92

Revenue (TTM)1.82B

Gross Profit (TTM)460.60M

EBITDA257.20M

Profit Margin9.20%

Operating Margin11.67%

Return on Equity23.51%

Return on Assets7.58%

Shares Outstanding54.37M

Shares Float53.57M

Beta0.79

Dividend Yield2.88%

Dividend Rate1.10

Payout Ratio41.04%

Dividends

20261×

1.10Apr 1, 2026

20251×

1.00Mar 28, 2025