MTWNYSEConstruction Machinery & EquipFiscal year ends December 31
MANITOWOC CO INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$21.71+0.17 (+0.79%)
Close on Oct 19, 2026
- Market cap
- $793.06M
- P/E (TTM)
- 39.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
18.1%+0.4 pts over 5 years
Operating margin
2.4%−0.3 pts over 5 years
Net margin
0.3%+1.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.9% | +3.3% | +9.2% | +1.8% | |
| Gross profit | +7.9% | +3.5% | +9.7% | +2.0% | |
| Operating income | +3.9% | – | +6.9% | – | |
| Net income | -87.1% | – | – | -19.8% | |
| EPS, diluted | -87.2% | – | – | -20.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -52.5% | -3.0% | 1.1% | |
| Return on assets | -14.8% | -1.2% | 0.4% | |
| Current ratio | 1.82 | 1.99 | 2.23 | |
| Debt to equity | 0.48 | 0.48 | 0.66 | |
| Net debt to EBITDA | – | – | 3.37× | |
| Interest coverage | -3.6× | – | – | |
| Inventory turnover | 3.0× | 2.5× | 2.8× | |
| Capex to revenue | 2.8% | 1.8% | 1.7% | |
| Diluted shares | 34M | 35M | 36M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Manitowoc generated $287.50M from operations and spent $277.00M on capital expenditure, dividends and share buybacks. 95% of that went back into the business.
Generated
$287.50M
Used
$277.00M
Capital expenditure$262.80M95%Dividends$00%Share buybacks$14.20M5%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.3%
×Asset turnover1.29×
×Equity multiplier2.60×
=Return on equity, FY20251.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.3% | 1.29× | 2.60× | 1.1% |
| FY2024 | 2.6% | 1.29× | 2.71× | 9.0% |
| FY2023 | 1.8% | 1.34× | 2.91× | 6.9% |
| FY2022 | -6.1% | 1.20× | 2.83× | -20.6% |
| FY2021 | 0.6% | 1.02× | 2.59× | 1.7% |
| FY2020 | -1.3% | 0.90× | 2.50× | -3.0% |
| FY2019 | 2.5% | 1.16× | 2.53× | 7.5% |
| FY2018 | -3.6% | 1.17× | 2.46× | -10.5% |
| FY2017 | 0.6% | 1.01× | 2.46× | 1.5% |
| FY2016 | -23.3% | 0.64× | 3.55× | -52.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$7.20M
- Cash generatingOperating cash flow above zero$22.20M
- Return on assets improvedROA up on the prior year3.3% → 0.4%
- Earnings backed by cashOperating cash flow above net income$22.20M vs $7.20M
- Less leverageLong-term debt to assets fell22.7% → 24.6%
- Better liquidityCurrent ratio rose2.02 → 2.23
- No dilutionShare count did not rise36M → 36M
- Gross margin improvedGross margin up on the prior year17.22% → 18.06%
- More efficientAsset turnover rose1.28 → 1.35