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Manitowoc Company (MTW)
NYSE:MTW
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive tone with multiple operational and commercial wins: record non-new machine sales, strong quarterly order growth (+56% Q/Q YoY), expanding backlog (+22% YoY), product launches, safety improvements, and positive 2026 guidance (higher revenue and EBITDA ranges plus planned cash generation). However, significant near-term headwinds persist, notably tariff impacts (‑$0.13 EPS drag), full-year free cash flow pressure due to a $45M EPA payment, elevated leverage (3.15x), and market uncertainty in the U.S. and parts of the Middle East. Management outlined clear mitigation steps—pricing, sourcing, restructuring ($10M of savings), geographic aftermarket expansion, and product pipeline—which support an optimistic outlook for 2026 while acknowledging short-term volatility (Q1 pressure). Overall, the positives and actionable guidance outweigh the challenges, but risks remain that could influence execution.Company Guidance
Record Non-New Machine Sales
Trailing twelve-month non-new machine sales reached $690 million, up 10% year over year, marking a new company record and a core driver of higher, less-cyclical gross margins (~35%).
Strong Quarterly Order Momentum
Fourth-quarter orders totaled $803 million, up 56% year over year, driven by whole-goods stocking orders in the Americas and improved European tower crane demand; January orders ~ $225 million (management comment).
Backlog Growth
Year-end backlog was $794 million, up 22% versus prior year, providing multi-quarter visibility into production and revenue.
New Machine Order Strength
New crane orders increased 64% year over year in the fourth quarter; mobile crane orders were up 39% year over year, signaling improving end-market demand in Europe and Asia Pacific.
Revenue and Quarterly Profitability
Net sales for the quarter were $677 million, up 14% year over year; adjusted EBITDA for the quarter was $40 million and adjusted EPS was $0.32 (GAAP diluted EPS $0.20).
Cash Generation and Working Capital Progress (Quarter)
Management reported $78 million of free cash flow generation during the quarter and meaningful progress reducing working capital; total liquidity ended the year at $298 million.
Operational and Safety Improvements
Recordable injury rate (RIR) fell below 1.0 to 0.94 for the first time in company history; first-aid incidents down 10% year over year and total recordable injuries reduced to 42 in 2025 (from 91 in 2015).
Product and Aftermarket Expansion
Launched 11 new cranes in 2025 (including MCT 2205 topless tower crane; sold 19 units of MCT 2205), grew field service technician population to over 500, expanded aftermarket territories (multiple U.S. states and French provinces), opened/upgraded locations globally, and announced a new MGX distribution agreement covering 13 U.S. states.
2026 Financial Guidance and Restructuring
Guidance for 2026: net sales $2.25B–$2.35B; adjusted EBITDA $125M–$150M; projected free cash flow $40M–$65M; capex $45M–$50M; restructuring expected to save roughly $10M and help reduce net leverage toward sub-3.0x.
MTW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $14.86 | $15.15 | +1.95% |
Nov 05, 2025 | $10.31 | $11.24 | +9.02% |
Aug 08, 2025 | $10.45 | $10.19 | -2.49% |
May 06, 2025 | $8.34 | $8.56 | +2.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Manitowoc Company (MTW) report earnings?
Manitowoc Company (MTW) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Manitowoc Company (MTW) earnings time?
Manitowoc Company (MTW) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTW EPS forecast?
MTW EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.