Manitowoc (MTW) Operating Expenses (2009 - 2026)
Manitowoc's (MTW) quarterly Operating Expenses came in at $93.1 million in Q4 2025, up 17.85% YoY from $79.0 million in Q4 2024, and up 10.7% on a QoQ basis from $84.1 million in Q3 2025.
Manitowoc (MTW) Operating Expenses (2009 - 2026) Analysis & Trends
Manitowoc (MTW) has 17 years of Operating Expenses data on file, last reported at $93.1 million in Q4 2025.
- Quarterly Operating Expenses rose 17.85% year-over-year to $93.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $350.9 million (up 8.57% YoY) and the FY2025 annual result came in at $350.9 million, up 8.57% from the prior year.
- Operating Expenses advanced to $93.1 million in Q4 2025, from $84.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $253.0 million in Q4 2022 to a low of $57.7 million in Q1 2021.
- A 5-year average of $86.3 million and a median of $78.9 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 226.03% — and 2023, when it plunged 64.7%.
- Tracing MTW's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.37 Bn | 367.65 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 168.66 Bn | 160.76 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 67.91 Bn | 59.25 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 13.55 Bn | 11.68 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.54 Bn | 9.13 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 7.40 Bn | 6.83 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.30 Bn | 6.90 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.10 Bn | 1.98 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 1.96 Bn | 1.76 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Manitowoc | 685.67 Mn | 579.57 Mn | 123.10 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.00 Mn |
| 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 |