MTW

MKT CAP:$480M

The Manitowoc Company, Inc.

Market Cap

$480M

Industrials·Agricultural - Machinery·🇺🇸 United States·NYSE

Industrials·Agricultural·🇺🇸·NYSE

Stock Price

$13.36+$1.15 (+9.42%)

Apr 23, 2026

Company Details

The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc bran...

CEO

Aaron H. Ravenscroft

IPO Date

Mar 26, 1990

Website

www.manitowoc.com

Key Metrics TTM

Revenue

$2.2B

+2.9% YoY

Net Income

$7M

EPS (Diluted)

$0.19

Free Cash Flow

-$15M

Revenue / Share

$61.36

Gross Margin

18.0%

Operating Margin

2.4%

Net Margin

0.3%

FCF Margin

-0.7%

P/S

0.2x

P/E

66.6x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 18, 2026

$2.2B+2.9%EPS $0.20

Q4 2025

Feb 18, 2026

$677M+13.6%EPS $0.19

Q3 2025

Nov 6, 2025

$553M+5.4%EPS $0.14

Q2 2025

Aug 8, 2025

$540M-4.0%EPS $0.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$459M	$85M	$18M
Q2 22	$497M	$89M	$18M
Q3 22	$455M	$74M	$8M
Q4 22	$622M	$117M	-$137M
Q1 23	$508M	$106M	$30M
Q2 23	$603M	$123M	$34M
Q3 23	$521M	$97M	$18M
Q4 23	$596M	$99M	$10M
Q1 24	$495M	$93M	$15M
Q2 24	$562M	$100M	$13M
Q3 24	$525M	$88M	$8M
Q4 24	$596M	$95M	$16M
Q1 25	$471M	$90M	$5M
Q2 25	$540M	$99M	$10M
Q3 25	$553M	$102M	$19M
Q4 25	$677M	$113M	$20M

Valuation

Quarter	P/S	P/E
Q1 22	0.3x	27.9x
Q2 22	0.3x	33.3x
Q3 22	0.3x	28.4x
Q4 22	0.2x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	—
Q4 23	0.2x	12.2x
Q1 24	0.2x	17.6x
Q2 24	0.2x	55.8x
Q3 24	0.2x	—
Q4 24	0.2x	8.6x
Q1 25	0.2x	10.7x
Q2 25	0.2x	10.7x
Q3 25	0.2x	8.4x
Q4 25	0.2x	66.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$6M	-$3M
Q2 22	$100.0K	-$8M
Q3 22	-$6M	-$21M
Q4 22	$77M	$47M
Q1 23	$15M	$5M
Q2 23	-$19M	-$44M
Q3 23	$26M	$3M
Q4 23	$40M	$22M
Q1 24	-$31M	-$43M
Q2 24	$11M	-$2M
Q3 24	-$44M	-$53M
Q4 24	$112M	$101M
Q1 25	$13M	$2M
Q2 25	-$68M	-$74M
Q3 25	-$14M	-$22M
Q4 25	$91M	$78M

Capital Expenditures

Quarter	CapEx
Q1 22	$9M
Q2 22	$8M
Q3 22	$15M
Q4 22	$30M
Q1 23	$11M
Q2 23	$26M
Q3 23	$24M
Q4 23	$18M
Q1 24	$12M
Q2 24	$13M
Q3 24	$9M
Q4 24	$11M
Q1 25	$11M
Q2 25	$6M
Q3 25	$8M
Q4 25	$13M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+29.6%	+28.5%
Q2 22	+7.2%	+9.6%
Q3 22	+12.4%	+12.6%
Q4 22	+24.9%	+52.8%
Q1 23	+10.7%	+8.3%
Q2 23	+21.2%	+18.7%
Q3 23	+14.6%	+12.5%
Q4 23	-4.2%	-22.7%
Q1 24	-2.6%	+0.4%
Q2 24	-6.8%	-3.4%
Q3 24	+0.7%	+2.9%
Q4 24	+0.0%	-1.1%
Q1 25	-4.9%	-3.0%
Q2 25	-4.0%	-3.6%
Q3 25	+5.4%	+3.4%
Q4 25	+13.6%	+13.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$3M	0.7%
Q2 22	$900.0K	0.2%
Q3 22	$2M	0.4%
Q4 22	$3M	0.5%
Q1 23	$3M	0.6%
Q2 23	$2M	0.4%
Q3 23	$2M	0.5%
Q4 23	$4M	0.6%
Q1 24	$4M	0.7%
Q2 24	$2M	0.3%
Q3 24	$2M	0.5%
Q4 24	$3M	0.5%
Q1 25	$3M	0.6%
Q2 25	$3M	0.6%
Q3 25	$1M	0.2%
Q4 25	$3M	0.4%

OpEx Breakdown

Quarter	SG&A
Q1 22	$67M
Q2 22	$69M
Q3 22	$66M
Q4 22	$79M
Q1 23	$75M
Q2 23	$88M
Q3 23	$77M
Q4 23	$94M
Q1 24	$76M
Q2 24	$84M
Q3 24	$79M
Q4 24	$80M
Q1 25	$83M
Q2 25	$87M
Q3 25	$83M
Q4 25	$89M

Revenue Segments

Quarter	New Equipment Sales	Non New Machine Sales
Q1 22	$330M	$129M
Q2 22	$358M	$139M
Q3 22	$327M	$128M
Q4 22	$472M	$149M
Q1 23	$357M	$151M

Revenue by Geography

Quarter	Americas Segment	Europe And Africa Segment	Middle East And Asia Pacific Segment	Europe	Other Countries	United States
Q1 22	$216M	$179M	$64M	—	—	—
Q2 22	$226M	$209M	$62M	—	—	—
Q3 22	$239M	$160M	$56M	—	—	—
Q4 22	$332M	$213M	$76M	—	—	—
Q1 23	$264M	$178M	$66M	—	—	—
Q2 23	$319M	$186M	$98M	—	—	—
Q3 23	$277M	$151M	$94M	—	—	—
Q4 23	$351M	$155M	$90M	—	—	—
Q1 24	$283M	$143M	$69M	—	—	—
Q2 24	$297M	$176M	$89M	—	—	—
Q3 24	$287M	$127M	$111M	—	—	—
Q1 25	—	—	—	$142M	$88M	$241M
Q2 25	$323M	$153M	$64M	—	—	—
Q3 25	$306M	$163M	$84M	—	—	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$52M	$0	$52M
Q2 22	$43M	$0	$43M
Q3 22	$43M	$0	$43M
Q4 22	$64M	$0	$64M
Q1 23	$57M	$0	$57M
Q2 23	$26M	$0	$26M
Q3 23	$40M	$0	$40M
Q4 23	$34M	$0	$34M
Q1 24	$32M	$0	$32M
Q2 24	$38M	$0	$38M
Q3 24	$23M	$0	$23M
Q4 24	$48M	$0	$48M
Q1 25	$41M	$0	$41M
Q2 25	$33M	$0	$33M
Q3 25	$40M	$0	$40M
Q4 25	$77M	$0	$77M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	36M	+1.5%	+2.2%
Q2 22	36M	-0.0%	-0.1%
Q3 22	35M	-0.5%	+1.0%
Q4 22	35M	-0.7%	+0.3%
Q1 23	36M	+1.7%	+0.5%
Q2 23	36M	-0.3%	+0.3%
Q3 23	36M	+0.4%	+1.2%
Q4 23	35M	-1.9%	-0.1%
Q1 24	36M	+2.8%	+0.9%
Q2 24	36M	-0.9%	+0.2%
Q3 24	35M	-1.7%	-1.9%
Q4 24	36M	+1.3%	+1.4%
Q1 25	35M	-0.9%	-2.2%
Q2 25	36M	+1.6%	+0.2%
Q3 25	36M	+0.4%	+2.4%
Q4 25	37M	+1.6%	+2.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$99.8K	5K
Q2 22	$108.1K	5K
Q3 22	$98.8K	5K
Q4 22	$129.5K	5K
Q1 23	$105.9K	5K
Q2 23	$125.6K	5K
Q3 23	$108.5K	5K
Q4 23	$124.1K	5K
Q1 24	$103.1K	5K
Q2 24	$117.1K	5K
Q3 24	$109.3K	5K
Q4 24	$124.2K	5K
Q1 25	$98.1K	5K
Q2 25	$112.4K	5K
Q3 25	$115.3K	5K
Q4 25	$144.1K	5K

Revenue / Employee