MTW
The Manitowoc Company, Inc.
MTW's fundamentals are mixed: free cash flow more than tripled, but earnings per share fell 55%. At 34x earnings, it's trading above its usual 22x. Analysts expect strong earnings growth.
MTW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Stable |
MTW's revenue is currently healthy, and its profitability, cash flow and balance sheet are stable.
MTW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $5.69 | -77% |
| Forward | 18x | $24.38 | — |
| Fair | 22x | $15.81 | -35% |
| Current | 34x | $24.38 | — |
| Expensive | 50x | $36.03 | +48% |
Historical ranges are pointers, not guarantees.
MTW's PE is in its fair range at 34x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
MTW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MTW, with profitability improving.
MTW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +92% |
| Q3 2026 | $0.72 | -55% |
| Q2 2026 | $0.56 | -56% |
| Q1 2026 | $0.21 | -83% |
| Q4 2025 | $0.20 | -87% |
| Q3 2025 | $1.60 | +$1.87 |
| Q2 2025 | $1.26 | +473% |
| Q1 2025 | $1.26 | +68% |
| Q4 2024 | $1.56 | +43% |
MTW's earnings per share have fallen from their peak: $0.72 over the past year, against $1.84 in early 2020.
MTW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $613.8M | +11% |
| Q2 2026 | $594.9M | +10% |
| Q1 2026 | $494.6M | +5% |
| Q4 2025 | $677.1M | +14% |
| Q3 2025 | $553.4M | +5.4% |
| Q2 2025 | $539.5M | -4% |
| Q1 2025 | $470.9M | -4.9% |
| Q4 2024 | $596M | 0% |
MTW's revenue has grown year over year for five quarters in a row: $614M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | +1.8 points |
| Q2 2026 | 5.2% | +3.4 points |
| Q1 2026 | 0.6% | -0.5 points |
| Q4 2025 | 3% | +0.3 points |
| Q3 2025 | 3.3% | +1.9 points |
| Q2 2025 | 1.8% | -0.5 points |
| Q1 2025 | 1.1% | -1.9 points |
| Q4 2024 | 2.7% | +1.1 points |
MTW's operating margin was 5.2% last quarter, up 1.8 points from the same quarter a year ago.
MTW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$42.1M | -$20.1M |
| Q2 2026 | -$6.1M | +$67.6M |
| Q1 2026 | $19.2M | +814% |
| Q4 2025 | $78.3M | -23% |
| Q3 2025 | -$22M | +$30.9M |
| Q2 2025 | -$73.7M | -$71.8M |
| Q1 2025 | $2.1M | +$44.9M |
| Q4 2024 | $101.1M | +353% |
MTW usually generates cash, though not every quarter: the latest was −$42M, but it generated $49M over the past year.
MTW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +369K shares |
| 1 year | +1.7% | +634K shares |
| 3 years | +3.1% | +1.1M shares |
| 5 years | +5.3% | +1.9M shares |
| Available history | +3.5% | +1.3M shares |
MTW has 37M diluted shares, up 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $5.7M |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
MTW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 3.0x | Moderate |
MTW's net debt is about 2.8 years of its operating earnings (EBITDA), down from 4.2 years a year ago.
MTW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 84.3 | Overbought |
MTW's weekly RSI is 71 (overbought) and its Stochastic is 84 (overbought).
MTW PE vs Industrials Sector
| Metric | MTW | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 24x | 41% above |
| PE % | 59 | 58 | 1 pt above |
MTW is trading at 34x earnings, a 41% premium to the Industrials sector's median of 24x.
MTW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.6 | 8% above |
| 20 week MA | $19.5 | 25% above |
| 50 week MA | $15.6 | 56% above |
| 100 week MA | $12.9 | 89% above |
| 200 week MA | $13.4 | 82% above |
MTW has climbed back above all five of its weekly moving averages, and it's now 82% above its 200-week average.
MTW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $13.3 | -24% |
| 2021 | $13.3 | $18.6 | +40% |
| 2022 | $18.6 | $9.47 | -49% |
| 2023 | $9.47 | $16.7 | +76% |
| 2024 | $16.7 | $8.77 | -47% |
| 2025 | $8.77 | $12.6 | +44% |
| 2026 YTD | $12.6 | $24.4 | +93% |
MTW is up 93% so far in 2026, after finishing lower in three of the previous six years.