Manitowoc MTW
NYSE · Construction Machinery & Equip · $837M$21.67−6.59%Nov 5 close · Databento
MTW Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $21.671D −6.59%3M +14.72%SMA20 $22.52SMA50 $21.84RSI(14) 44.6
21.67
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 44.6
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
The numbers
fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via DatabentoMarket cap$837M
Enterprise value$1.2B
Revenue$2.2B +2.9%
True FCF (ex-SBC)$-24.8M −537.1%
Rule of 402.2%
ROIC2.8%
True FCF Yield-3.0%
EPS, diluted$0.20 −87.2%
Modern Valuation (EOD)
Market Cap$837M
Enterprise Value$1.2B
EV / True FCF—
EV / FCF—
EV / Gross Profit3.06
EV / EBIT23.02
EV / Sales0.55
P / E (GAAP)116.20
P / FCF—
P / Oper. CF37.69
P / Book1.20
Owner & Cash Yields
True FCF Yield-3.0%
FCF Yield-1.8%
Owner Earn. Yield2.4%
Earnings Yield0.9%
Shareholder Yield−1.1%
Buyback Yield0.0%
Dividend Yield—
Dividend / sh$0.00
Payout Ratio0%
FCF / sh$-0.42
EPS (diluted)$0.20
Compounder & Returns
Rule of 402.2%
ROIC2.8%
Cash ROIC (CROIC)-1.4%
GP / Assets22.3%
ROE1.0%
ROA0.4%
Gross Margin18.1%
Oper. Margin2.4%
Net Margin0.3%
FCF Margin-0.7%
True FCF Margin-1.1%
Quality & Dilution
Cash Conversion-213%
Accrual Ratio−0.8%
SBC % of FCF—
SBC % of Rev0.4%
Reinvest. Rate420%
Sales Growth Y/Y+2.9%
Sales 3Y CAGR+3.3%
EPS Growth Y/Y−87.2%
FCF Growth Y/Y−537.1%
FCF 3Y CAGR—
Share Change Y/Y+1.1%
Balance Sheet & Scale
Revenue (FY)$2.2B
Gross Profit (FY)$404.7M
Oper. Income (FY)$53.8M
GAAP Net Income$7.2M
True FCF (ex-SBC)$-24.8M
Cash & Equiv$77.3M
Total Debt$478.9M
Net Cash (Debt)$-401.6M
Net Cash % MCap−48.0%
Debt / FCF (yrs)—
Current Ratio2.2336.11M sh
Price & Technicals (EOD)
Perf Week−8.95%
Perf Month−1.72%
Perf Quarter+15.20%
Perf Half Y+59.10%
Perf YTD+68.11%
SMA 20 Dist−3.79%$22.52
SMA 50 Dist−0.79%$21.84
SMA 100 Dist+17.05%$18.51
Window High−8.95%$23.80
Window Low+90.93%$11.35
RSI (14) · Vol44.642%v
Income Distribution & Cash Flow ConversionHow every dollar of MTW revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$1.8B ($81.9 / $100)
R&D Reinvestment$55.8M ($2.5 / $100)
Operating Expenses$295.1M ($13.2 / $100)
Tax & Non-Operating$46.6M ($2.1 / $100)
Net Profit Kept$7.2M ($0.3 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$7.2M (0.3% margin)
Operating Cash Flow (OCF)$22.2M(1.0% of rev)
Less: Capital Expenditures−$37.5M(1.7% of rev)
Standard Free Cash Flow (FCF)$-15.3M(-0.7% margin)
Less: Stock-Based Comp (SBC)−$9.5M
True FCF (Owner Cash ex-SBC)$-24.8M(-1.1% of rev)
Revenue by fiscal year
Operating leverage — margins
GrossOperatingNet
| Line Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY Δ | 4Y CAGR | Trend |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | $1.7B | $2.0B | $2.2B | $2.2B | $2.2B | +2.9% | +6.8% | |
| Cost of Revenue (COGS) | $1.4B | $1.7B | $1.8B | $1.8B | $1.8B | +1.8% | +6.8% | |
| Gross Profit | $307.2M | $364.5M | $425.2M | $375.0M | $404.7M | +7.9% | +7.1% | |
| Research & Development (R&D) | $29.1M | $33.5M | $35.3M | $41.1M | $55.8M | +35.8% | +17.7% | |
| Total Operating Expenses | $260.7M | $457.5M | $332.8M | $323.2M | $350.9M | +8.6% | +7.7% | |
| Operating Income (EBIT) | $46.5M | $-93.0M | $92.4M | $51.8M | $53.8M | +3.9% | +3.7% | |
| Interest Expense | — | — | — | — | $39.1M | — | — | |
| Income Tax Expense | $6.1M | $3.4M | $5.0M | $-44.1M | $5.2M | +111.8% | −3.9% | |
| GAAP Net Income | $11.0M | $-123.6M | $39.2M | $55.8M | $7.2M | −87.1% | −10.1% | |
| Diluted EPS | $0.31 | $-3.51 | $1.09 | $1.56 | $0.20 | −87.2% | −10.4% | |
| Diluted Shares | 35.5M | 35.2M | 36.0M | 35.7M | 36.1M | +1.1% | +0.4% | |
| Balance Sheet | ||||||||
| Cash & Equivalents | $75.4M | $64.4M | $34.4M | $48.0M | $77.3M | +61.0% | +0.6% | |
| Inventory | $576.8M | $611.9M | $666.5M | $609.4M | $683.9M | +12.2% | +4.3% | |
| Total Current Assets | $941.8M | $998.5M | $1.0B | $958.9M | $1.1B | +14.4% | +3.9% | |
| Total Assets | $1.8B | $1.6B | $1.7B | $1.7B | $1.8B | +9.5% | +0.6% | |
| Total Current Liabilities | $521.0M | $547.8M | $563.3M | $474.3M | $491.6M | +3.6% | −1.4% | |
| Total Debt (Short + Long Term) | $417.6M | $394.1M | $387.1M | $408.5M | $478.9M | +17.2% | +3.5% | |
| Stockholders' Equity | $662.4M | $537.8M | $603.3M | $640.1M | $695.2M | +8.6% | +1.2% | |
| Net Cash / (Net Debt) | $-342.2M | $-329.7M | $-352.7M | $-360.5M | $-401.6M | −11.4% | — | |
| Invested Capital | $1.0B | $867.5M | $956.0M | $1.0B | $1.1B | +9.6% | +2.2% | |
| Cash Flow & Capital Allocation | ||||||||
| Operating Cash Flow (OCF) | $76.2M | $76.9M | $63.0M | $49.2M | $22.2M | −54.9% | −26.5% | |
| Depreciation & Amortization (D&A) | $45.5M | $57.7M | $56.6M | $59.8M | $59.9M | +0.2% | +7.1% | |
| Stock-Based Compensation (SBC) | $7.1M | $8.5M | $11.5M | $10.9M | $9.5M | −12.8% | +7.6% | |
| Capital Expenditures (CapEx) | $40.4M | $61.8M | $77.4M | $45.7M | $37.5M | −17.9% | −1.8% | |
| Free Cash Flow (FCF) | $35.8M | $15.1M | $-14.4M | $3.5M | $-15.3M | −537.1% | — | |
| True FCF (ex-SBC Owner Cash) | $28.7M | $6.6M | $-25.9M | $-7.4M | $-24.8M | −235.1% | — | |
| Share Repurchases (Buybacks) | $0 | $3.0M | $5.5M | $5.7M | $0 | −100.0% | — | |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | — | — | |
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
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