The Manitowoc Company, Inc. (MTW)

The Manitowoc Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,131	2,178	2,228	2,033	1,720	1,443
Revenue Growth (YoY)	-1.96%	-2.23%	9.61%	18.15%	19.18%	-21.30%
Cost of Revenue	1,760	1,803	1,803	1,668	1,413	1,189
Gross Profit	371.6	375	425.2	364.5	307.2	254.7
Selling, General & Admin	324.9	309.7	313.1	281.2	258.3	210.4
Operating Expenses	327.9	312.6	316.3	284.3	259.7	210.7
Operating Income	43.7	62.4	108.9	80.2	47.5	44
Interest Expense	-38.8	-39.7	-35.2	-33	-30.4	-30.6
Interest & Investment Income	0.7	0.7	-	-	-	-
Currency Exchange Gain (Loss)	2.6	2.6	3.3	-	-	-3.9
Other Non Operating Income (Expenses)	-6.5	-0.8	-1	6	0.8	-0.8
EBT Excluding Unusual Items	1.7	25.2	76	53.2	17.9	8.7
Merger & Restructuring Charges	-3.5	-4.6	-1.3	-1.5	1.1	-7
Asset Writedown	-	-	-	-171.9	-1.9	-
Legal Settlements	-3.6	-8.9	-21.2	-	-	-3.7
Other Unusual Items	-	-	-9.3	-	-	-
Pretax Income	-5.4	11.7	44.2	-120.2	17.1	-2
Income Tax Expense	-50.3	-44.1	5	3.4	6.1	17.1
Earnings From Continuing Operations	44.9	55.8	39.2	-123.6	11	-19.1
Net Income to Company	44.9	55.8	39.2	-123.6	11	-19.1
Net Income	44.9	55.8	39.2	-123.6	11	-19.1
Net Income to Common	44.9	55.8	39.2	-123.6	11	-19.1
Net Income Growth	422.09%	42.35%	-	-	-	-
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	35	36	36	35	35	35
Shares Change (YoY)	-1.63%	-0.71%	2.21%	-0.76%	2.20%	-2.67%
EPS (Basic)	1.27	1.58	1.12	-3.51	0.32	-0.55
EPS (Diluted)	1.26	1.56	1.09	-3.51	0.31	-0.55
EPS Growth	436.41%	43.12%	-	-	-	-
Free Cash Flow	-36.3	3.5	-14.4	15.1	35.8	-61.4
Free Cash Flow Per Share	-1.02	0.10	-0.40	0.43	1.01	-1.77
Gross Margin	17.44%	17.22%	19.09%	17.93%	17.86%	17.65%
Operating Margin	2.05%	2.86%	4.89%	3.95%	2.76%	3.05%
Profit Margin	2.11%	2.56%	1.76%	-6.08%	0.64%	-1.32%
Free Cash Flow Margin	-1.70%	0.16%	-0.65%	0.74%	2.08%	-4.25%
EBITDA	106.9	125.3	168.7	143.9	94.4	81.5
EBITDA Margin	5.02%	5.75%	7.57%	7.08%	5.49%	5.65%
D&A For EBITDA	63.2	62.9	59.8	63.7	46.9	37.5
EBIT	43.7	62.4	108.9	80.2	47.5	44
EBIT Margin	2.05%	2.86%	4.89%	3.95%	2.76%	3.05%
Effective Tax Rate	-	-	11.31%	-	35.67%	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q