Manitowoc (MTW) Operating Expenses (2009 - 2025)

Manitowoc (MTW) reported Operating Expenses of $93.1 million for Q4 2025, up 17.85% on a YoY basis from $79.0 million in Q4 2024, and up 10.7% quarter-over-quarter from $84.1 million in Q3 2025.

Manitowoc (MTW) Operating Expenses (2009 - 2025) Analysis & Trends

Manitowoc has reported Operating Expenses for 17 years, with the latest figure at $93.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 17.85% year-over-year to $93.1 million; the trailing twelve-month figure through Dec 2025 stood at $350.9 million (up 8.57% YoY), and the FY2025 full-year result was $350.9 million, up 8.57% from the prior year.
  • Operating Expenses for Q4 2025 stood at $93.1 million, up from $84.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $253.0 million in Q4 2022, with the low at $57.7 million in Q1 2021.
  • Historically, Operating Expenses has averaged $86.3 million across 5 years, with a median of $78.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 226.03% — and 2023, when it plunged 64.7%.
  • Manitowoc's Operating Expenses stood at $77.6 million in 2021, then jumped by 226.03% to $253.0 million in 2022, then sank by 64.7% to $89.3 million in 2023, then dropped by 11.53% to $79.0 million in 2024, then grew by 17.85% to $93.1 million in 2025.
  • The last three Operating Expenses figures came in at $93.1 million (Q4 2025), $84.1 million (Q3 2025), and $89.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 14.33 Bn
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 11.08 Bn
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 5.65 Bn
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 229.90 Mn
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 241.00 Mn
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 31.53 Mn
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 57.77 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 29.34 Mn
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 90.20 Mn
10 Manitowoc 418.28 Mn 331.48 Mn 113.30 Mn 93.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 93.10 Mn
Sep 30, 2025 84.10 Mn
Jun 30, 2025 89.20 Mn
Mar 31, 2025 84.50 Mn
Dec 31, 2024 79.00 Mn
Sep 30, 2024 80.10 Mn
Jun 30, 2024 86.80 Mn
Mar 31, 2024 77.30 Mn
Dec 31, 2023 89.30 Mn
Sep 30, 2023 78.80 Mn
Jun 30, 2023 88.60 Mn
Mar 31, 2023 76.10 Mn
Dec 31, 2022 253.00 Mn
Sep 30, 2022 66.70 Mn
Jun 30, 2022 70.40 Mn
Mar 31, 2022 67.40 Mn
Dec 31, 2021 77.60 Mn
Sep 30, 2021 61.70 Mn
Jun 30, 2021 63.70 Mn
Mar 31, 2021 57.70 Mn