Manitowoc (MTW) Gross Margin (2009 - 2026)
Manitowoc's Gross Margin came in at 20.69% for Q2 2026, up 2.34 percentage points from 18.35% a year earlier and up 1.42 percentage points from the prior quarter.
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Analysis
Manitowoc (MTW) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Manitowoc reported Gross Margin of 18.72%, up 1.28 percentage points year-over-year; for FY2025, it was 18.06%, up 0.84 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.41 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 17.22% in FY2024 (-1.87 pp), 19.09% in FY2023 (+1.15 pp), 17.93% in FY2022 (+0.08 pp) and 17.86% in FY2021 (+0.21 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2023.
- Year-over-year, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +0.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 2.79 percentage points), and the weakest in Q2 2024 (a drop of 2.67 percentage points).
- Business Quant data shows MTW's Gross Margin at 19.27% (Q1 2026), 16.73% (Q4 2025) and 18.54% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 54.48% |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 38.11% |
| 10 | Manitowoc | 805.25 Mn | 489.05 Mn | 121.80 Mn | 19.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.84% |
| Jun 30, 2026 | 20.69% |
| Mar 31, 2026 | 19.27% |
| Dec 31, 2025 | 16.73% |
| Sep 30, 2025 | 18.54% |
| Jun 30, 2025 | 18.35% |
| Mar 31, 2025 | 19.07% |
| Dec 31, 2024 | 15.97% |
| Sep 30, 2024 | 16.69% |
| Jun 30, 2024 | 17.74% |
| Mar 31, 2024 | 18.68% |
| Dec 31, 2023 | 16.63% |
| Sep 30, 2023 | 18.58% |
| Jun 30, 2023 | 20.40% |
| Mar 31, 2023 | 20.91% |
| Dec 31, 2022 | 18.74% |
| Sep 30, 2022 | 16.34% |
| Jun 30, 2022 | 17.84% |
| Mar 31, 2022 | 18.52% |
| Dec 31, 2021 | 15.95% |
API Access
Manitowoc Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MTW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MTW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();