Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.
1910
64.7K+
LTM Revenue $12.1B
LTM EBITDA $1.7B
$27.2B
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KONE has a last 12-month revenue of $12.1B and a last 12-month EBITDA of $1.7B.
In the most recent fiscal year, KONE achieved revenue of $11.9B and an EBITDA of $1.7B.
KONE expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See KONE valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $11.8B | $11.9B | XXX | XXX | XXX |
Gross Profit | $6.0B | $6.3B | XXX | XXX | XXX |
Gross Margin | 51% | 53% | XXX | XXX | XXX |
EBITDA | $1.6B | $1.7B | XXX | XXX | XXX |
EBITDA Margin | 14% | 14% | XXX | XXX | XXX |
Net Profit | $832M | $994M | XXX | XXX | XXX |
Net Margin | 7% | 8% | XXX | XXX | XXX |
Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, KONE's stock price is EUR 51 (or $54).
KONE has current market cap of EUR 26.2B (or $28.2B), and EV of EUR 25.3B (or $27.2B).
See KONE trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$27.2B | $28.2B | XXX | XXX | XXX | XXX | $2.06 |
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Sign UpAs of April 15, 2025, KONE has market cap of $28.2B and EV of $27.2B.
KONE's trades at 2.3x LTM EV/Revenue multiple, and 15.6x LTM EBITDA.
Analysts estimate KONE's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for KONE and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $27.2B | XXX | XXX | XXX |
EV/Revenue | 2.3x | XXX | XXX | XXX |
EV/EBITDA | 16.0x | XXX | XXX | XXX |
P/E | 27.6x | XXX | XXX | XXX |
P/E/Growth | 2.2x | XXX | XXX | XXX |
EV/FCF | 23.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpKONE's NTM/LTM revenue growth is 4%
KONE's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, KONE's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate KONE's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for KONE and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 1% | XXX | XXX | XXX | XXX |
EBITDA Margin | 14% | XXX | XXX | XXX | XXX |
EBITDA Growth | 5% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 19% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | 7% | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | 0% | XXX | XXX | XXX | XXX |
Opex to Revenue | 45% | XXX | XXX | XXX | XXX |
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EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Brickworks | XXX | XXX | XXX | XXX | XXX | XXX |
Reece | XXX | XXX | XXX | XXX | XXX | XXX |
Grupo Argos | XXX | XXX | XXX | XXX | XXX | XXX |
ACC | XXX | XXX | XXX | XXX | XXX | XXX |
Ambuja Cements | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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KONE acquired XXX companies to date.
Last acquisition by KONE was XXXXXXXX, XXXXX XXXXX XXXXXX . KONE acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was KONE founded? | KONE was founded in 1910. |
Where is KONE headquartered? | KONE is headquartered in Finland. |
How many employees does KONE have? | As of today, KONE has 64.7K+ employees. |
Who is the CEO of KONE? | KONE's CEO is Mr. Philippe Delorme. |
Is KONE publicy listed? | Yes, KONE is a public company listed on HEL. |
What is the stock symbol of KONE? | KONE trades under KNEBV ticker. |
When did KONE go public? | KONE went public in 2005. |
Who are competitors of KONE? | Similar companies to KONE include e.g. Brickworks, Reece, Grupo Argos, ACC. |
What is the current market cap of KONE? | KONE's current market cap is $28.2B |
What is the current revenue of KONE? | KONE's last 12-month revenue is $12.1B. |
What is the current EBITDA of KONE? | KONE's last 12-month EBITDA is $1.7B. |
What is the current EV/Revenue multiple of KONE? | Current revenue multiple of KONE is 2.3x. |
What is the current EV/EBITDA multiple of KONE? | Current EBITDA multiple of KONE is 15.6x. |
What is the current revenue growth of KONE? | KONE revenue growth between 2023 and 2024 was 1%. |
Is KONE profitable? | Yes, KONE is EBITDA-positive (as of the last 12 months). |
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