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| Date | Value |
|---|---|
| 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 |