MANITOWOC CO INC PP&E Disclosure
The components of property, plant, and equipment as of December 31, 2025 and 2024 are summarized as follows:
|
|
2025 |
|
|
2024 |
|
||
Land |
|
$ |
15.5 |
|
|
$ |
14.3 |
|
Building and improvements |
|
|
219.7 |
|
|
|
203.3 |
|
Machinery, equipment, and tooling |
|
|
357.4 |
|
|
|
318.3 |
|
Furniture and fixtures |
|
|
14.5 |
|
|
|
13.3 |
|
Computer hardware and software |
|
|
131.7 |
|
|
|
129.6 |
|
Rental cranes |
|
|
175.8 |
|
|
|
185.7 |
|
Construction in progress |
|
|
7.3 |
|
|
|
6.9 |
|
Total cost |
|
|
921.9 |
|
|
|
871.4 |
|
Less accumulated depreciation |
|
|
(578.9 |
) |
|
|
(525.2 |
) |
Property, plant, and equipment — net |
|
$ |
343.0 |
|
|
$ |
346.2 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 18, 2026 | Showing above |
| 2024 | Feb 21, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 22, 2022 | |
| 2020 | Feb 12, 2021 | |
| 2019 | Feb 14, 2020 | |
| 2018 | Feb 13, 2019 | |
| 2017 | Feb 23, 2018 | |
| 2016 | Feb 28, 2017 | |
| 2015 | Feb 29, 2016 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.