MANITOWOC CO INC

Listed Company

MTWCIK 0000061986NYSEAcceleratedConstruction Machinery & EquipWisconsinFY ends Dec 31

Period

FY 2025

Revenue

$2.24B

Net Income

$7.20M

Total Assets

$1.82B

Equity

$695.20M

Shares Out

35.91M

Op. Cash Flow

$22.20M

MTW$13.03+3.13% · past yearDBEQ Basic

Daily closing prices

Business

Manitowoc Company, Inc. designs, manufactures, and distributes mobile cranes, tower cranes, and crawler cranes under brand names including Grove, Manitowoc, Potain, Shuttlelift, and National Crane. The company provides products for construction, infrastructure, energy, and industrial applications, alongside aftermarket services including parts sales, field maintenance, remanufacturing, rental fleet operations, and digital telematics solutions. Operating through three geographic segments—Americas, Europe and Africa (EURAF), and Middle East and Asia Pacific (MEAP)—Manitowoc distributes through independent distributors and its wholly owned MGX Equipment Services network, while pursuing the CRANES+50 strategy to expand aftermarket and non-new machine sales.

Summary from 10-K filed 2026-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	2,241	2,178	2,228	2,033	1,720
Cost of sales	1,836	1,803	1,803	1,668	1,413
Gross profit	405	375	425	365	307
Engineering, selling and administrative expenses	343	316	328	281	259
Amortization of intangible assets	3	3	3	3	1
Restructuring expense	5	5	1	2	−1
Total operating costs and expenses	351	323	333	458	261
Operating income	54	52	92	−93	47
Interest expense	−38	−38	−34	−32	−29
Amortization of deferred financing fees	−2	−1	−1	−1	−2
Other expense - net	−2	−400,000	−13	6	1
Total other expense	−41	−40	−48	−27	−29
Income before income taxes	12	12	44	−120	17
Provision (benefit) for income taxes	5	−44	5	3	6
Net income	7	56	39	−124	11
Basic net income per common share	0.2	1.58	1.12	−3.51	0.32
Diluted net income per common share	0.2	1.56	1.09	−3.51	0.31

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	77	48	34	64	75
Accounts receivable, less allowances of $5.8 and $5.9, respectively	281	260	279	266	236
Inventories - net	684	609	667	612	577
Other current assets	54	41	53	45	37
Total current assets	1,097	959	1,033	999	942
Property, plant and equipment - net	343	346	366	335	359
Operating lease right-of-use assets	68	59	60	45	41
Goodwill	80	78	80	80	250
Intangible assets - net	125	119	126	127	140
Other non-current assets	106	99	43	30	45
Total assets	1,818	1,660	1,707	1,616	1,775
Accounts payable and accrued expenses	402	389	457	446	413
Customer advances	18	18	19	22	29
Short-term borrowings and current portion of long-term debt	14	13	13	6	7
Product warranties	36	37	47	49	49
Other liabilities	22	17	26	25	23
Total current liabilities	492	474	563	548	521
Long-term debt	447	377	359	380	400
Operating lease liabilities	54	47	47	34	29
Deferred income taxes	2	2	8	5	7
Pension obligations	45	47	56	52	69
Postretirement health and other benefit obligations	3	5	6	8	12
Long-term deferred revenue	19	18	24	16	23
Other non-current liabilities	61	50	41	36	52
Total non-current liabilities	631	546	540	530	592
Commitments and contingencies (Note 18)	—	—	—	—	—
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding)	0	0	0	0	0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued,35,473,418 and 35,134,245 shares outstanding, respectively)	400,000	400,000	400,000	400,000	400,000
Additional paid-in capital	617	615	613	607	602
Accumulated other comprehensive loss	−65	−108	−86	−108	−102
Retained earnings	207	199	144	104	228
Treasury stock, at cost (5,320,565 and 5,659,738 shares, respectively)	−63	−67	−67	−66	−66
Total stockholders' equity	695	640	603	538	662
Total liabilities and stockholders' equity	1,818	1,660	1,707	1,616	1,775

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income	7	56	39	−124	11
Depreciation expense	60	60	57	61	46
Stock-based compensation expense	10	11	12	9	7
Loss on debt extinguishment	0	1	0	0	—
Gain on sale of property, plant, and equipment	−600,000	0	0	−900,000	200,000
Deferred income tax benefit - net	−6	−56	−6	4	600,000
Other	0	0	9	900,000	3
Accounts receivable	−9	9	−9	−36	−5
Inventories	−12	21	−47	−42	−68
Other assets	−18	9	−4	6	−8
Accounts payable	22	−39	−29	40	63
Accrued expenses and other liabilities	−36	−27	36	−11	20
Net cash provided by operating activities	22	49	63	77	76
Capital expenditures	−38	−46	−77	−62	−40
Proceeds from sale of fixed assets	900,000	5	6	2	300,000
Purchase of assets	−13	0	0	—	—
Other	0	500,000	0	0	—
Net cash used for investing activities	−50	−40	−72	−58	−226
Payments on revolving credit facility	−75	−20	−20	−20	0
Proceeds from revolving credit facility	135	41	0	0	100
Payments on long-term debt	0	−300	0	0	0
Proceeds from long-term debt	0	300	0	0	0
Payments on other debt	−15	0	0	—	—
Proceeds from other debt	16	7	4	−5	−5
Debt issuance costs and other debt related costs	0	−7	0	−2	0
Exercise of stock options	0	0	300,000	100,000	6
Common stock repurchases	0	−6	−6	−3	0
Other financing activities	−6	−8	0	0	—
Net cash provided by (used for) financing activities	55	7	−21	−30	101
Effect of exchange rate changes on cash and cash equivalents	2	−2	200,000	0	−4
Net increase (decrease) in cash and cash equivalents	29	14	−30	−11	−53
Interest paid	38	37	34	31	29

Filings

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Frequently asked questions

What is MANITOWOC CO INC's CIK number?

MANITOWOC CO INC's SEC CIK number is 0000061986 (61986). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MANITOWOC CO INC's SEC filings?

All of MANITOWOC CO INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MANITOWOC CO INC last report earnings?

MANITOWOC CO INC (MTW) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-206492). This is MANITOWOC CO INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is MANITOWOC CO INC's most recent earnings 8-K?

MANITOWOC CO INC's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001193125-26-206492. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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