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K

Kalmar Oyj KALMAR.HE · EUR

Industrials · Nasdaq Helsinki · 🇫🇮 Finland

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37.90

+2.27%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€1.74bn

FY2021FY2025

Net income

€163.3m

FY2021FY2025

Free cash flow

€143.0m

FY2021FY2025

Shareholders' equity

€717.8m

FY2021FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021
Revenue€1.74bn€1.72bn€2.05bn€1.94bn€1.51bn
Gross profit€455.7m€452.5m€509.3m€373.0m€308.9m
Research and development€53.8m€54.0m€54.3m€49.5m€59.4m
Operating income€220.2m€174.4m€240.2m€137.4m€73.3m
Net income€163.3m€127.9m€193.8m€92.6m€261.5m
Diluted earnings per share2.551.993.011.454.09

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Total assets€1.75bn€1.70bn€1.85bn€1.90bn€1.76bn
Cash and short-term investments€278.4m€260.6m€82.6m€100.3m€102.5m
Total liabilities€1.03bn€1.06bn€1.03bn€1.05bn€983.7m
Debt€286.5m€340.9m€191.9m€145.9m€178.9m
Shareholders' equity€717.8m€638.2m€818.1m€853.0m€775.9m
Shares outstanding64m64m64m64m64m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021
Cash from operations€209.3m€176.2m€221.3m€162.0m€72.8m
Capital spending−€66.3m−€40.5m−€55.9m−€46.9m−€28.8m
Free cash flow€143.0m€135.7m€165.4m€115.1m€44.0m
Dividends paid−€64.0m−€200,000−€107.4m−€55.2m−€17.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€479.6m€419.6m€487.4m€435.6m€420.4m€398.1m€440.1m€424.7m
Gross profit€120.9m€108.6m€121.6m€112.4m€114.0m€107.8m€115.8m€113.8m
Operating income€55.5m€49.8m€59.6m€54.7m€53.9m€45.7m€38.9m€53.9m
Net income€44.1m€39.3m€45.4m€44.7m€39.2m€34.1m€27.0m€36.2m
Diluted earnings per share0.690.610.710.700.610.530.420.56
Cash from operations€64.0m€53.0m€97.0m€21.0m€18.0m€72.0m€31.0m€59.0m
Capital spending−€17.0m−€15.0m−€19.0m−€14.0m−€16.0m−€15.0m−€8.0m−€9.0m
Free cash flow€47.0m€38.0m€78.0m€7.0m€2.0m€57.0m€23.0m€50.0m
Total assets€1.75bn€1.79bn€1.75bn€1.76bn€1.72bn€1.82bn€1.70bn€1.77bn
Cash and short-term investments€280.2m€321.1m€278.4m€249.9m€242.5m€315.6m€260.6m€293.4m
Debt€295.4m€287.5m€286.5m€336.6m€336.8m€342.1m€340.9m€395.1m
Shareholders' equity€723.2m€690.4m€717.8m€661.4m€618.4m€613.1m€638.2m€611.2m

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021
Gross margin26.2%26.3%24.8%19.2%20.4%
Operating margin12.6%11.0%12.5%5.8%21.0%
Net margin9.4%7.4%9.5%4.8%17.3%
Return on equity22.8%20.0%23.7%10.9%33.7%
Return on assets9.3%7.5%10.5%4.9%14.9%
Free cash flow yield11.8%9.2%11.8%——
Revenue growth1.2%-16.1%5.5%28.5%—
Earnings growth27.7%-34.0%109.3%-64.6%—
Current ratio1.72x1.70x1.52x1.43x1.39x
Debt to equity0.40x0.43x0.16x0.13x0.17x
Equity ratio41.1%37.6%44.3%44.8%44.1%
Interest coverage13.14x11.15x18.25x56.60x58.91x
R&D as a share of sales3.1%3.1%2.6%2.5%3.9%
Buybacks as a share of market value0.5%0.1%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.6%——
Operating income17.0%——
Net income20.8%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin26.2%24.0%——

Valuation history

At each fiscal year end

FY2025FY2024
Price to earnings15.916.0
Price to sales1.51.2

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 1 Apr 2026.

FY2026FY2025
Paid in the year1.101.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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