Manitowoc (MTW) Work In Process (2012 - 2026)
Manitowoc (MTW) recorded Work In Process of $187.5 million in Q2 2026, up 7.2% from $174.9 million a year earlier and up 12.2% from the prior quarter.
Manitowoc (MTW) Work In Process (2012 - 2026) Analysis & Trends
At the end of FY2025, Manitowoc reported Work In Process of $136.7 million, up 19.1% from FY2024.
- Annual Work In Process has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- Across earlier years, Work In Process came in at $114.8 million in FY2024 (+3.1%), $111.3 million in FY2023 (-21.2%), $141.3 million in FY2022 (+0.6%) and $140.4 million in FY2021 (+37.2%).
- The Q2 2026 figure is the highest quarterly Work In Process since Q3 2013.
- On a year-over-year basis, Work In Process has increased for eight consecutive quarters, with growth averaging 7.9% over the last eight quarters.
- Peak year-over-year performance for Work In Process in the last five years was growth of 37.2% in Q4 2021, against a decline of 21.2% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $167.1 million (Q1 2026), $136.7 million (Q4 2025) and $173.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn |
| 10 | Manitowoc | 805.25 Mn | 489.05 Mn | 121.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 202.30 Mn |
| Jun 30, 2026 | 187.50 Mn |
| Mar 31, 2026 | 167.10 Mn |
| Dec 31, 2025 | 136.70 Mn |
| Sep 30, 2025 | 173.40 Mn |
| Jun 30, 2025 | 174.90 Mn |
| Mar 31, 2025 | 159.80 Mn |
| Dec 31, 2024 | 114.80 Mn |
| Sep 30, 2024 | 154.90 Mn |
| Jun 30, 2024 | 157.40 Mn |
| Mar 31, 2024 | 154.00 Mn |
| Dec 31, 2023 | 111.30 Mn |
| Sep 30, 2023 | 151.50 Mn |
| Jun 30, 2023 | 160.60 Mn |
| Mar 31, 2023 | 175.90 Mn |
| Dec 31, 2022 | 141.30 Mn |
| Sep 30, 2022 | 177.10 Mn |
| Jun 30, 2022 | 177.60 Mn |
| Mar 31, 2022 | 166.40 Mn |
| Dec 31, 2021 | 140.40 Mn |
Manitowoc Work In Process 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=work-in-process&ticker=MTW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=MTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();