24.36
+8.70%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Manitowoc Company
From its filings with the US Securities and Exchange Commission
Manitowoc Company is based in Milwaukee, Wisconsin and is incorporated in Wisconsin. Its shares trade on NYSE under the ticker MTW. The SEC classifies its business as construction machinery & equip. In the fiscal year to 31 December 2025, it reported revenue of $2.24bn and net income of $7.2m. At that date it held total assets of $1.82bn and shareholders' equity of $695.2m. By business, New Machine Sales [Member] brought in 69.2% of revenue, followed by Non New Machine Sales [Member] at 30.8%. By region, U.S. Pension Plans accounted for 51.3%, followed by Europe at 28.6% and Other at 20.1%.
(1)We succeed when our customers excel: We are committed to our customers' success, we provide a customer first experience every time, we are focused on improving the customer experience every day, and we provide reliable and excellent service.
(2)We do what is right: We work in a safe and environmentally responsible way, we respect others, we behave in an ethical way and we deliver quality work.
(3)We work as a team: We help each other to meet customer needs, we put the team first, we collaborate and support team members and we foster open, two-way communication.
(4)We deliver results: We do what we say we will do, we focus on continuous improvement and innovation, and we strive to exceed customer expectations.
(5)We act as a role model: We celebrate successes and learn from failures, we approach every day with a can-do-attitude, and we have fun.
Manitowoc is transforming from a product-focused company into a customer-centric business focused on providing a full suite of lifting services to grow our aftermarket presence. Alongside our continued commitment to developing innovative lifting products and a robust new product development pipeline, we are expanding our non-new machine sales through our CRANES+50 strategy. Non-new machine sales are less capital intensive, more profitable, and less cyclical. Our long-term goal is to generate sustainable returns to our stakeholders, positioning Manitowoc as a stronger and more resilient company.
Quoted from its 10-K, filed 18 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 7 Oct 1971
- Employees
- 4,700
- Website
- manitowoc.com ↗
- Head office
- 11270 WEST PARK PLACE, MILWAUKEE, WI, 53224
- Incorporated in
- WI
- Classification
- Construction Machinery & Equip
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Kenneth KruegerIndependent Non-Executive Chairman of the Board, since 2004$323,516
- Mr. Aaron RavenscroftPresident, Chief Executive Officer, Director, since 2016$5.2m
- Mr. Brian ReganChief Financial Officer, Executive Vice President$1.6m
- Ms. Jennifer PetersonExecutive Vice President, General Counsel, Secretary$1.2m
- Mr. James CookExecutive Vice President - Human Resources$1.0m
- Mr. Leslie MiddletonExecutive Vice President, Americas and EU Mobile Cranes$1.5m
- Mr. Mark RourkeDirector
- Mr. Randy WoodDirector
- Ms. Anne BelecIndependent Director$216,016
- Ms. Anne CooneyIndependent Director$226,016
- Ms. Amy DavisIndependent Director$216,016
- Mr. Ryan GwillimIndependent Director$202,683
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 63
- Environment
- 56
- Social
- 70
- Governance
- 64
- Direct emissions (scope 1)
- 23,610 t
- Energy emissions (scope 2)
- 13,892 t
- Women in the workforce
- 13.4%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong Market Presence: Manitowoc Company Inc has established itself as a recognized leader in the manufacturing and distribution of cranes and lifting equipment, enjoying a prominent market position.
- Diverse Product Portfolio: The company offers a wide range of products, including all-terrain cranes, tower cranes, and industrial cranes, catering to various industries and customer needs.
- Innovation and Engineering Expertise: Manitowoc Company Inc's engineering capabilities and innovative approach enable the development of advanced and reliable lifting solutions, keeping it ahead of competitors.
- Strong Financial Position: With a solid financial foundation, the company has the resources to invest in research and development, expand its product line, and pursue market opportunities.
Weaknesses
- Dependence on Industrial and Construction Sectors: Manitowoc Company Inc's business heavily relies on the performance of the industrial and construction sectors, making it vulnerable to economic fluctuations and downturns in these industries.
- Geographic Concentration: The majority of Manitowoc's revenue comes from North America, exposing the company to regional market risks and potentially limiting its growth potential in other global markets.
- Intense Competition: The industry is highly competitive, with several established players, which could affect Manitowoc's market share and pricing power.
- High Research and Development Costs: Developing new lifting solutions requires significant investment, and if market demand for these products is lower than expected, it may impact profitability.
Opportunities
- Increasing Infrastructure Investments: As governments around the world focus on infrastructure development, Manitowoc can benefit from increased demand for its cranes and lifting equipment.
- Growing Renewable Energy Sector: The shift towards renewable energy sources presents an opportunity for Manitowoc to supply cranes for wind power projects, contributing to its revenue growth.
- Expansion into Emerging Markets: Exploring untapped markets in regions such as Asia-Pacific and Latin America could provide avenues for business expansion and reduce dependence on North America.
- Technological Advancements: Investing in research and development to enhance product offerings and capitalize on emerging technologies, such as automation and internet of things (IoT), can give Manitowoc a competitive edge.
Threats
- Economic Uncertainty: Fluctuations in global economic conditions and potential recessions could impact construction and industrial sectors, affecting Manitowoc's sales and profitability.
- Trade Wars and Tariffs: Imposition of trade barriers or tariffs on raw materials or finished products could increase manufacturing costs and hinder Manitowoc's competitiveness.
- Environmental Regulations: Stricter environmental regulations may require Manitowoc to invest in eco-friendly technologies or face penalties, impacting its profitability.
- Technological Disruption: Rapid advancements in technology and potential disruption from new entrants or alternative lifting solutions may pose a threat to Manitowoc's market position.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.