The Manitowoc Company, Inc. (MTW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MTW Revenue Growth
Revenue Breakdown (FY 2025)
MTW's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MTW Revenue Analysis (2014–2025)
As of May 8, 2026, The Manitowoc Company, Inc. (MTW) generated trailing twelve-month (TTM) revenue of $2.26 billion, reflecting solid growth of +5.0% year-over-year. The most recent quarter (Q1 2026) recorded $494.6 million in revenue, down 27.0% sequentially.
Looking at the longer-term picture, MTW's 5-year compound annual growth rate (CAGR) stands at +9.2%, indicating steady revenue expansion. The company achieved its highest annual revenue of $3.89 billion in 2014.
Revenue diversification analysis shows MTW's business is primarily driven by Non New Machine Sales (100%). With over half of revenue concentrated in Non New Machine Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including TER (+30.3% YoY), HLIO (+4.1% YoY), and KFRC (-3.9% YoY), MTW has underperformed the peer group in terms of revenue growth. Compare MTW vs TER →
MTW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MTWCurrent | $2.3B | +5.0% | +9.2% | 2.6% | |
 TER | $3.2B | +30.3% | +0.4% | 21.7% | |
 HLIO | $839M | +4.1% | +9.9% | 7.9% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 MGRC | $944M | +3.1% | +10.5% | 25.9% | |
 ALG | $1.6B | +2.3% | +6.6% | 9.5% |
MTW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.24B | +2.9% | $404.7M | 18.1% | $58.7M | 2.6% |
| 2024 | $2.18B | -2.2% | $375.0M | 17.2% | $51.8M | 2.4% |
| 2023 | $2.23B | +9.6% | $425.2M | 19.1% | $92.4M | 4.1% |
| 2022 | $2.03B | +18.2% | $364.5M | 17.9% | $-93,000,000 | -4.6% |
| 2021 | $1.72B | +19.2% | $307.2M | 17.9% | $46.5M | 2.7% |
| 2020 | $1.44B | -21.3% | $254.7M | 17.6% | $38.6M | 2.7% |
| 2019 | $1.83B | -0.7% | $344.1M | 18.8% | $108.4M | 5.9% |
| 2018 | $1.85B | +16.8% | $328.1M | 17.8% | $-19,300,000 | -1.0% |
| 2017 | $1.58B | -2.0% | $281.9M | 17.8% | $1.1M | 0.1% |
| 2016 | $1.61B | -53.1% | $253.3M | 15.7% | $-153,300,000 | -9.5% |
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Start ComparisonMTW — Frequently Asked Questions
Quick answers to the most common questions about buying MTW stock.
Is MTW's revenue growth accelerating or slowing?
MTW revenue growth slowed to +5.0%, below the 5-year CAGR of +9.2%. TTM revenue is $2.3B. The deceleration marks a shift from historical growth rates.
What is MTW's long-term revenue growth rate?
The Manitowoc Company, Inc.'s 5-year revenue CAGR of +9.2% reflects the variable expansion pattern. Current YoY growth of +5.0% is near this long-term average.
How is MTW's revenue distributed by segment?
MTW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.