MTW MANITOWOC CO INC

Overview and Growth

MANITOWOC CO INC generated $2.24B of revenue in fiscal 2025, with net income of $7.20M and an operating cash inflow of $22.20M. The $2.24B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 2.9% from $2.18B in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $0.20, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 87.2% decrease from fiscal 2024 diluted EPS of $1.56. Revenue equaled 1.23x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $404.70M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 18.1% of revenue, showing how much of the top line remained after direct costs. Operations produced $53.80M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 2.4%, showing how efficiently sales converted into operating profit. Net income came to $7.20M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 0.3%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $12.40M of pretax income, the profit base against which the reported tax provision can be assessed. The pretax margin was 0.6%, relating income before taxes directly to revenue. The company recognized $5.20M of income tax for the period, completing the transition from pretax income to net income. The effective relationship between income tax and positive pretax income was 41.9%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $1.82B, supported by $1.12B of liabilities and $695.20M of shareholder equity. The near-term balance sheet paired $1.10B of current assets with $491.60M of current liabilities at the reporting date. The current ratio was 2.23x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $77.30M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 15.7%, excluding receivables and other current assets. Total debt was $478.90M, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 0.69x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 26.3%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 61.8%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 4.3%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 9.5% from $1.66B in fiscal 2024, leaving current total assets higher year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $22.20M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 3.08x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $37.50M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 168.9% of operating cash flow, quantifying the share of cash from operations directed to investment. Operating cash flow and capital spending combined to leave a $15.30M cash deficit after capital spending. Relative to revenue, the post-investment cash deficit represented 0.7%. The free-cash-flow deficit equaled 0.8% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.