Manitowoc (MTW) Operating Margin (2009 - 2025)
Manitowoc (MTW) reported Operating Margin of 2.98% for Q4 2025, up 27.0% on a YoY basis from 2.35% in Q4 2024, and down 10.76% quarter-over-quarter from 3.34% in Q3 2025.
Manitowoc (MTW) Operating Margin (2009 - 2025) Analysis & Trends
Manitowoc has reported Operating Margin for 17 years, with the latest figure at 2.98% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 27.0% year-over-year to 2.98%; the trailing twelve-month figure through Dec 2025 stood at 2.4% (up 2.0% YoY), and the FY2025 full-year result was 2.4%, up 2.0% from the prior year.
- Operating Margin for Q4 2025 stood at 2.98%, down from 3.34% in the prior quarter.
- The five-year high for Operating Margin was 5.94% in Q1 2023, with the low at 11.05% in Q4 2022.
- Historically, Operating Margin has averaged 2.23% across 5 years, with a median of 2.85% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 1141 bps — and 2023, when it jumped 1270 bps.
- Manitowoc's Operating Margin stood at 0.36% in 2021, then tumbled by 3157 bps to 11.05% in 2022, then jumped by 115 bps to 1.64% in 2023, then surged by 65 bps to 2.72% in 2024, then gained by 10 bps to 2.98% in 2025.
- The last three Operating Margin figures came in at 2.98% (Q4 2025), 3.34% (Q3 2025), and 1.82% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 17.71% |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 16.73% |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | -63.36% |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 3.54% |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | -4.73% |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 11.09% |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 10.11% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 8.41% |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 2.27% |
| 10 | Manitowoc | 418.28 Mn | 331.48 Mn | 113.30 Mn | 2.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.98% |
| Sep 30, 2025 | 3.34% |
| Jun 30, 2025 | 1.82% |
| Mar 31, 2025 | 1.13% |
| Dec 31, 2024 | 2.72% |
| Sep 30, 2024 | 1.43% |
| Jun 30, 2024 | 2.29% |
| Mar 31, 2024 | 3.07% |
| Dec 31, 2023 | 1.64% |
| Sep 30, 2023 | 3.46% |
| Jun 30, 2023 | 5.71% |
| Mar 31, 2023 | 5.94% |
| Dec 31, 2022 | -11.05% |
| Sep 30, 2022 | 1.67% |
| Jun 30, 2022 | 3.68% |
| Mar 31, 2022 | 3.83% |
| Dec 31, 2021 | 0.36% |
| Sep 30, 2021 | 1.80% |
| Jun 30, 2021 | 5.76% |
| Mar 31, 2021 | 3.02% |