The Manitowoc Company, Inc. (MTW)

The Manitowoc Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,178	2,228	2,033	1,720	1,443
Revenue Growth (YoY)	-2.23%	9.61%	18.15%	19.18%	-21.30%
Cost of Revenue	1,803	1,803	1,668	1,413	1,189
Gross Profit	375	425.2	364.5	307.2	254.7
Selling, General & Admin	309.7	313.1	281.2	258.3	210.4
Operating Expenses	312.6	316.3	284.3	259.7	210.7
Operating Income	62.4	108.9	80.2	47.5	44
Interest Expense	-39.7	-35.2	-33	-30.4	-30.6
Interest & Investment Income	0.7	-	-	-	-
Currency Exchange Gain (Loss)	2.6	3.3	-	-	-3.9
Other Non Operating Income (Expenses)	-0.8	-1	6	0.8	-0.8
EBT Excluding Unusual Items	25.2	76	53.2	17.9	8.7
Merger & Restructuring Charges	-4.6	-1.3	-1.5	1.1	-7
Asset Writedown	-	-	-171.9	-1.9	-
Legal Settlements	-8.9	-21.2	-	-	-3.7
Other Unusual Items	-	-9.3	-	-	-
Pretax Income	11.7	44.2	-120.2	17.1	-2
Income Tax Expense	-44.1	5	3.4	6.1	17.1
Earnings From Continuing Operations	55.8	39.2	-123.6	11	-19.1
Net Income to Company	55.8	39.2	-123.6	11	-19.1
Net Income	55.8	39.2	-123.6	11	-19.1
Net Income to Common	55.8	39.2	-123.6	11	-19.1
Net Income Growth	42.35%	-	-	-	-
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	36	36	35	35	35
Shares Change (YoY)	-0.71%	2.21%	-0.76%	2.20%	-2.67%
EPS (Basic)	1.58	1.12	-3.51	0.32	-0.55
EPS (Diluted)	1.56	1.09	-3.51	0.31	-0.55
EPS Growth	43.12%	-	-	-	-
Free Cash Flow	3.5	-14.4	15.1	35.8	-61.4
Free Cash Flow Per Share	0.10	-0.40	0.43	1.01	-1.77
Gross Margin	17.22%	19.09%	17.93%	17.86%	17.65%
Operating Margin	2.86%	4.89%	3.95%	2.76%	3.05%
Profit Margin	2.56%	1.76%	-6.08%	0.64%	-1.32%
Free Cash Flow Margin	0.16%	-0.65%	0.74%	2.08%	-4.25%
EBITDA	125.3	168.7	143.9	94.4	81.5
EBITDA Margin	5.75%	7.57%	7.08%	5.49%	5.65%
D&A For EBITDA	62.9	59.8	63.7	46.9	37.5
EBIT	62.4	108.9	80.2	47.5	44
EBIT Margin	2.86%	4.89%	3.95%	2.76%	3.05%
Effective Tax Rate	-	11.31%	-	35.67%	-

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q