MTW · NYSE · Industrial - Machinery

Manitowoc

Designs and manufactures mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove and Potain brands.

$19.59
After-hours close0.00 (0.00%)
At close$19.59(+3.05%)
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Profile

The Manitowoc Company, Inc.MTWIndustrials

Sells mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove, Potain, and Manitowoc brands, distributed mainly through a global dealer network. Revenue spans three geographic segments — the Americas, Europe/Africa, and the Middle East/Asia Pacific — with a growing aftermarket layer of parts, service, remanufacturing, rental, and telematics meant to soften construction-cycle swings.

Designs and manufactures mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove, Potain, Manitowoc, National Crane, and Shuttlelift brands, plus two US equipment-distributor brands. Cranes serve heavy construction, energy, infrastructure, and residential building projects.

Manufacturing runs across plants in the US, France, Germany, and Italy, feeding three geographic segments — the Americas, Europe/Africa, and the Middle East/Asia Pacific — with the Americas generating the largest share. Sales flow mainly through independent dealers, backed by wholly owned US distributors.

A 2016 spin-off separated the crane business from the company's former foodservice operations, leaving a crane-only portfolio built around the CRANES+50 push into parts, service, remanufacturing, rental, and telematics. New-crane demand still tracks construction and infrastructure cycles, with European orders sensitive to housing permits and US orders tied to public infrastructure spending.

Company facts

CEOAaron H. Ravenscroft
ListedOct 7, 1971
ExchangeNYSE
HeadquartersMilwaukee, WI
CountryUnited States
Employees4,800
CIK0000061986
ISINUS5635714059

Key statistics

Market cap$703.5M
EPS (ttm)$0.5500
P/E (ttm)35.62
ROE2.9%
P/B1.01
P/S0.3032
Dividend yield
Beta1.71vs XLI 1.45

Year to date +60.4% · Average volume (30d) 364.9K

Analysts

Price target, next 12 months$16.00−18.3%Median of 23 analysts · vs the Aug 28 close
ConsensusHold4 of 23 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 10, 2026BarclaysReiterateUnderweight$16
Jan 23, 2026Wells FargoReiterateUnderweight$9$10
Nov 13, 2025Wells FargoTarget$11$9

Earnings

EPS

Estimate$0.20
ReportedDue Nov 4, 2026

Revenue

Estimate$577.1M
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.11$0.46+316.3%$564.0M$594.9M+5.5%+32.37%
May 5, 2026Q1 FY26$0.04−$0.13−392.1%$517.0M$494.6M−4.3%−2.85%
Feb 9, 2026Q4 FY25$0.27$0.26−3.0%$637.0M$677.1M+6.3%+1.95%
Nov 5, 2025Q3 FY25$0.27$0.14−47.8%$637.0M$553.4M−13.1%+9.02%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$470.9M$539.5M$553.4M$677.1M$494.6M$594.9M
Gross profit$89.8M$99.0M$104.1M$113.3M$94.5M$123.1M
Operating income$6.1M$10.8M$20.7M$23.3M$3.9M$31.1M
Net income−$6.3M$1.5M$5.0M$7.0M−$6.0M$14.2M
Diluted EPS−$0.18$0.04$0.14$0.19−$0.17$0.39
Gross margin19.1%18.4%18.8%16.7%19.1%20.7%
Operating margin1.3%2.0%3.7%3.4%0.8%5.2%

Fiscal years (4-quarter sums)FY21 $1.72B · FY22 $2.03B · FY23 $2.23B · FY24 $2.18B · FY25 $2.24B

Revenue by product · Q2 FY26

Non New Machine Sales$172.2M · 100%

Revenue by geography · Q2 FY26

Americas Segment$301.9M · 51%
Europe And Africa Segment$197.2M · 33%
Middle East And Asia Pacific Segment$95.8M · 16%

Balance sheet, Jun 30, 2026Cash & short-term investments $95.8M · Total debt $518.4M · Total assets $1.92B · Shareholders' equity $701.1M

Dividends

No dividends on record.

Ownership

Institutions 82.92%29.78M sharesInsiders 5.63%2.02M sharesOther 11.45%4.11M shares

Shares outstanding 35.91M · Float 33.26M · 92.6% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.4.08M11.37%13FAug 7, 2026
Front Street Capital Management, Inc.3.21M8.93%13FAug 14, 2026
Dimensional Fund Advisors LP1.94M5.40%13FAug 11, 2026
Vanguard Capital Management LLC1.54M4.28%13FAug 13, 2026
Ies Holdings, Inc.1.48M4.12%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 19, 2026Kenneth W. Kruegerdirector−9,000$11.80
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Manitowoc$19.590.00%$703.5M35.624.30.3+10.3%
Proficient Auto Logistics$5.13+0.10%$142.5M16.40.3−5.3%
Median16.40.3−5.3%