The Manitowoc Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,241	2,178	2,228	2,033	1,720
Revenue Growth (YoY)	2.89%	-2.23%	9.61%	18.15%	19.18%
Cost of Revenue	1,836	1,803	1,803	1,668	1,413
Gross Profit	404.7	375	425.2	364.5	307.2
Selling, General & Admin	345.1	309.5	334.3	281.2	258.3
Amortization of Goodwill & Intangibles	3.1	2.9	3.2	3.1	1.4
Operating Expenses	348.2	312.4	337.5	284.3	259.7
Operating Income	56.5	62.6	87.7	80.2	47.5
Interest Expense	-39.2	-39.7	-35.2	-33	-30.4
Interest & Investment Income	0.8	0.7	-	-	-
Currency Exchange Gain (Loss)	-0.8	2.6	-	-	-
Other Non Operating Income (Expenses)	-	0.3	-7	6	0.8
EBT Excluding Unusual Items	17.3	26.5	45.5	53.2	17.9
Merger & Restructuring Charges	-4.9	-4.6	-1.3	-1.5	1.1
Asset Writedown	-	-	-	-171.9	-1.9
Legal Settlements	-	-8.9	-	-	-
Other Unusual Items	-	-1.3	-	-	-
Pretax Income	12.4	11.7	44.2	-120.2	17.1
Income Tax Expense	5.2	-44.1	5	3.4	6.1
Earnings From Continuing Operations	7.2	55.8	39.2	-123.6	11
Net Income	7.2	55.8	39.2	-123.6	11
Net Income to Common	7.2	55.8	39.2	-123.6	11
Net Income Growth	-87.10%	42.35%	-	-	-
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	36	36	36	35	35
Shares Change (YoY)	1.08%	-0.71%	2.21%	-0.76%	2.20%
EPS (Basic)	0.20	1.58	1.12	-3.51	0.32
EPS (Diluted)	0.20	1.56	1.09	-3.51	0.31
EPS Growth	-87.18%	43.12%	-	-	-
Free Cash Flow	-28.2	3.5	-14.4	15.1	35.8
Free Cash Flow Per Share	-0.78	0.10	-0.40	0.43	1.01
Gross Margin	18.06%	17.22%	19.09%	17.93%	17.86%
Operating Margin	2.52%	2.87%	3.94%	3.95%	2.76%
Profit Margin	0.32%	2.56%	1.76%	-6.08%	0.64%
Free Cash Flow Margin	-1.26%	0.16%	-0.65%	0.74%	2.08%
EBITDA	119.5	125.5	147.5	143.9	94.4
EBITDA Margin	5.33%	5.76%	6.62%	7.08%	5.49%
D&A For EBITDA	63	62.9	59.8	63.7	46.9
EBIT	56.5	62.6	87.7	80.2	47.5
EBIT Margin	2.52%	2.87%	3.94%	3.95%	2.76%
Effective Tax Rate	41.94%	-	11.31%	-	35.67%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.