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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,154	2,178	2,228	2,033	1,720	1,443
Revenue Growth (YoY)	-2.74%	-2.23%	9.61%	18.15%	19.18%	-21.30%
Cost of Revenue	1,782	1,803	1,803	1,668	1,413	1,189
Gross Profit	372.3	375	425.2	364.5	307.2	254.7
Selling, General & Admin	316.3	309.7	313.1	281.2	258.3	210.4
Operating Expenses	319.3	312.6	316.3	284.3	259.7	210.7
Operating Income	53	62.4	108.9	80.2	47.5	44
Interest Expense	-39.3	-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)	-6.8	-0.8	-1	6	0.8	-0.8
EBT Excluding Unusual Items	10.2	25.2	76	53.2	17.9	8.7
Merger & Restructuring Charges	-4.8	-4.6	-1.3	-1.5	1.1	-7
Asset Writedown	-	-	-	-171.9	-1.9	-
Legal Settlements	-8.9	-8.9	-21.2	-	-	-3.7
Other Unusual Items	-	-	-9.3	-	-	-
Pretax Income	-3.5	11.7	44.2	-120.2	17.1	-2
Income Tax Expense	-48.5	-44.1	5	3.4	6.1	17.1
Earnings From Continuing Operations	45	55.8	39.2	-123.6	11	-19.1
Net Income to Company	45	55.8	39.2	-123.6	11	-19.1
Net Income	45	55.8	39.2	-123.6	11	-19.1
Net Income to Common	45	55.8	39.2	-123.6	11	-19.1
Net Income Growth	65.44%	42.35%	-	-	-	-
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	36	36	36	35	35	35
Shares Change (YoY)	-1.47%	-0.71%	2.21%	-0.76%	2.20%	-2.67%
EPS (Basic)	1.28	1.58	1.12	-3.51	0.32	-0.55
EPS (Diluted)	1.27	1.56	1.09	-3.51	0.31	-0.55
EPS Growth	68.74%	43.12%	-	-	-	-
Free Cash Flow	35.5	3.5	-14.4	15.1	35.8	-61.4
Free Cash Flow Per Share	1.00	0.10	-0.40	0.43	1.01	-1.77
Gross Margin	17.29%	17.22%	19.09%	17.93%	17.86%	17.65%
Operating Margin	2.46%	2.86%	4.89%	3.95%	2.76%	3.05%
Profit Margin	2.09%	2.56%	1.76%	-6.08%	0.64%	-1.32%
Free Cash Flow Margin	1.65%	0.16%	-0.65%	0.74%	2.08%	-4.25%
EBITDA	116.1	125.3	168.7	143.9	94.4	81.5
EBITDA Margin	5.39%	5.75%	7.57%	7.08%	5.49%	5.65%
D&A For EBITDA	63.1	62.9	59.8	63.7	46.9	37.5
EBIT	53	62.4	108.9	80.2	47.5	44
EBIT Margin	2.46%	2.86%	4.89%	3.95%	2.76%	3.05%
Effective Tax Rate	-	-	11.31%	-	35.67%	-

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q