The Manitowoc Company, Inc. (MTW) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 27.4M | 91.1M | -14.1M | -67.7M | 12.9M | 112.4M | -43.6M | 11M | -30.6M | 39.8M | 26.3M | -18.5M | 15.4M | 77.4M | -6.2M | 100K | 5.6M | 8.1M | 18.4M | 8.9M |
| Operating CF Margin % | 5.54% | 13.45% | -2.55% | -12.55% | 2.74% | 18.86% | -8.31% | 1.96% | -6.18% | 6.68% | 5.05% | -3.07% | 3.03% | 12.45% | -1.36% | 0.02% | 1.22% | 1.63% | 4.55% | 1.92% |
| Operating CF Growth % | 112.4% | -18.95% | 67.66% | -715.45% | 142.16% | 182.41% | -265.78% | 159.46% | -298.7% | -48.58% | 524.19% | -18600% | 175% | 855.56% | -133.7% | -98.88% | -86.27% | -77.37% | -33.81% | 144.28% |
| Net Income | -6M | 7M | 5M | 1.5M | -6.3M | 56.7M | -7M | 1.6M | 4.5M | -7.9M | 10.4M | 20.2M | 16.5M | -144.1M | 2.3M | 15.1M | 3.1M | -3.6M | -200K | 17.9M |
| Depreciation & Amortization | 14.9M | 16.3M | 15.6M | 15.5M | 15.6M | 16.5M | 15.6M | 15.4M | 15.4M | 15.6M | 14.4M | 14.9M | 14.9M | 15.1M | 15.3M | 16.4M | 16.9M | 16.7M | 10.3M | 9.8M |
| Stock-Based Compensation | 2.8M | 2.7M | 1M | 3.2M | 2.6M | 2.9M | 2.4M | 1.9M | 3.7M | 3.7M | 2.4M | 2.3M | 3.1M | 2.9M | 1.6M | 900K | 3.1M | 700K | 1.6M | 2.3M |
| Deferred Taxes | 0 | -6.2M | 0 | 0 | 0 | -55.6M | 0 | 0 | 0 | 7.8M | 200K | 0 | 0 | 4.2M | 0 | -10.8M | 0 | -300K | -100K | 100K |
| Other Non-Cash Items | 200K | 0 | 200K | 200K | 500K | 500K | 1M | 500K | 500K | -3.5M | 3.5M | -4.5M | 300K | 162.7M | 1.1M | 4.5M | 1.8M | -100K | 4.2M | 2.8M |
| Working Capital Changes | 15.5M | 71.3M | -35.9M | -88.1M | 500K | 91.4M | -55.6M | -8.4M | -54.7M | 24.1M | -4.6M | -51.4M | -19.4M | 36.6M | -26.5M | -26M | -19.3M | -5.3M | 2.6M | -24M |
| Change in Receivables | 15.8M | -1.6M | 9.7M | -13.6M | -3.6M | 3.1M | -10M | 32.8M | -13.8M | -20.9M | 18.6M | -22M | 18.8M | -45.9M | 13.6M | 8.5M | -4.7M | -18.2M | 23.6M | -37.3M |
| Change in Inventory | -67.6M | 136.8M | -32.9M | -49.5M | -66M | 124.6M | 1M | -15.1M | -89.1M | 67.6M | -6.9M | -6.8M | -100.6M | 94.1M | -26.9M | -39.8M | -69.4M | 26.1M | -32.2M | -2.7M |
| Change in Payables | 48.9M | -57.5M | -12.4M | 30.2M | 61.4M | -38.5M | -32.9M | -24.3M | 56.6M | -13.6M | -34.4M | -36.7M | 56.2M | 600K | -21.3M | 6.5M | 54.6M | -14.2M | -8.3M | 32M |
| Cash from Investing | -7.9M | -12.4M | -7.6M | -5.9M | -23.6M | -11.3M | -7.5M | -9.6M | -12M | -17.2M | -23.4M | -22.6M | -8.6M | -30M | -14.9M | -4.4M | -8.7M | -153.2M | -57.8M | -7.3M |
| Capital Expenditures | -8.2M | -12.8M | -7.9M | 1.8M | -10.8M | -11.3M | -9.3M | -12.9M | -12.2M | -17.5M | -23.6M | -25.7M | -10.6M | -30M | -15M | -8.1M | -8.7M | -18.1M | -6.9M | -7.4M |
| CapEx % of Revenue | 1.66% | 1.89% | 1.43% | 0.33% | 2.29% | 1.9% | 1.77% | 2.3% | 2.46% | 2.94% | 4.53% | 4.26% | 2.09% | 4.83% | 3.3% | 1.63% | 1.9% | 3.64% | 1.71% | 1.6% |
| Acquisitions | 0 | 400K | 300K | 0 | 0 | 0 | 0 | 3.3M | 200K | 0 | 200K | 0 | 0 | 0 | 0 | 2.3M | 0 | -135.3M | -50.9M | 100K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 300K | 0 | 0 | -7.7M | -12.8M | 0 | 1.8M | 0 | 0 | 300K | 0 | 3.1M | 2M | 0 | 100K | 1.4M | 0 | 200K | 0 | 0 |
| Cash from Financing | -14.2M | -41.1M | 28.9M | 63.8M | 3.2M | -74.3M | 35.3M | 5.5M | 40.2M | -28.8M | 11.8M | 10.7M | -15.1M | -26.2M | 22.2M | -5.2M | -20.7M | -1.5M | 105M | -2.6M |
| Debt Issued (Net) | -9M | -39.9M | 34.7M | 59.6M | 6.2M | -72.3M | 42M | 14.5M | 43.1M | -28.8M | 11.8M | 700K | -11.9M | -21.1M | 18.3M | -1.5M | -20.8M | -1.5M | 104.4M | -7M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 5.7M | 0 | -5.7M | 0 | 0 | 0 | -2M | -3.5M | -1.1M | 0 | -1.9M | 0 | 0 | 600K | 4.4M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 5.7M | 0 | -5.7M | 0 | 0 | 0 | -2M | -3.5M | -1.1M | 0 | -1.9M | 0 | 0 | 0 | 0 |
| Other Financing | -5.2M | -1.2M | -5.8M | 4.2M | -3M | -7.7M | -6.7M | -3.3M | -2.9M | 0 | 0 | 12M | 300K | -4M | 3.9M | -1.8M | 0 | 0 | 0 | 0 |
| Net Change in Cash | 4.4M | 37.6M | 6.8M | -8.5M | -6.6M | 25.1M | -15.2M | 6.6M | -2.9M | -5.6M | 14.1M | -30.6M | -7.9M | 21.8M | 100K | -9.1M | -23.8M | -146.9M | 63.8M | 0 |
| Free Cash Flow | 19.2M | 78.3M | -22M | -73.7M | 2.1M | 101.1M | -52.9M | -1.9M | -42.8M | 22.3M | 2.7M | -44.2M | 4.8M | 47.4M | -21.2M | -8M | -3.1M | -10M | 11.5M | 1.5M |
| FCF Margin % | 3.88% | 11.56% | -3.98% | -13.66% | 0.45% | 16.96% | -10.08% | -0.34% | -8.64% | 3.74% | 0.52% | -7.33% | 0.94% | 7.63% | -4.66% | -1.61% | -0.68% | -2.01% | 2.84% | 0.32% |
| FCF Growth % | 814.29% | -22.55% | 58.41% | -3778.95% | 104.91% | 353.36% | -2059.26% | 95.7% | -991.67% | -52.95% | 112.74% | -452.5% | 254.84% | 574% | -284.35% | -633.33% | -109.45% | -140.32% | -43.9% | 106.12% |
| FCF per Share | 0.54 | 2.14 | -0.61 | -2.06 | 0.06 | 2.84 | -1.51 | -0.05 | -1.19 | 0.64 | 0.08 | -1.24 | 0.13 | 1.35 | -0.60 | -0.23 | -0.09 | -0.29 | 0.33 | 0.04 |
| FCF Conversion (FCF/Net Income) | -4.57x | 13.01x | -2.82x | -45.13x | -2.05x | 1.98x | 6.23x | 6.88x | -6.80x | -5.04x | 2.53x | -0.92x | 0.93x | -0.54x | -2.70x | 0.01x | 1.81x | -2.25x | -92.00x | 0.50x |
| Interest Paid | 0 | 0 | 2.7M | 17.1M | 1.5M | -2M | 20.4M | 16.1M | 2.1M | 14.6M | 2.4M | 15.7M | 1.3M | 0 | 15.8M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 1.5M | 1.5M | 2.4M | -7.7M | 3.8M | 2.1M | 1.8M | 0 | 2.5M | 1.9M | 1.7M | 0 | 3.4M | 0 | 0 | 0 | 0 | 0 |