Founded in 1902, The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with over 100 manufacturing, distribution, and service facilities in 20 countries. Manitowoc Cranes is recognized as one of the world’s largest innovators and providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks under brands Grove, Manitowoc, National Crane, and Potain.
Manitowoc Foodservice is the world’s largest manufacturer of hot and cold-focused commercial foodservice and food retail equipment supplying restaurants, convenience stores, hotels, institutions, and commissaries around the world. Innovation, quality, and performance come to mind when our industry-leading brands are mentioned - Cleveland, Convotherm®, Delfield®, Fabristeel, Frymaster®, Garland®, Kolpak®, Kysor Panel Systems®, Lincoln, Manitowoc® Ice, Multiplex®, Merrychef®, Servend®, and Manitowoc® Beverage Systems.
The Manitowoc Company, Inc. is an equal opportunity employer and does not discriminate on the basis of any protected class, including Minorities, Females, Protected Veterans, and Individuals with disabilities. Minorities, Females, Protected Veterans, and Individuals with disabilities are encouraged to apply.
Company Growth (employees)
Manitowoc Company Office Locations
Manitowoc Company Data and Metrics
Manitowoc Company Financial Metrics
Revenue (Q1, 2017) | 305.8 m |
Gross profit (Q1, 2017) | 51.9 m |
Gross profit margin (Q1, 2017), % | 17% |
Net income (Q1, 2017) | (36 m) |
EBIT (Q1, 2017) | (23.7 m) |
Market capitalization (21-Jul-2017) | 806.9 m |
Cash (31-Mar-2017) | 36.1 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 4 b | 3.9 b | 3.4 b | 1.6 b |
Revenue growth, % | (4%) | (12%) | (53%) | |
Cost of goods sold | 3 b | 2.9 b | 2.6 b | 1.4 b |
Gross profit | 1 b | 986.1 m | 833.2 m | 240.2 m |
Gross profit Margin, % | 25% | 25% | 24% | 15% |
Operating expense total | 3.7 b | 3.6 b | 3.3 b | 406.6 m |
EBIT | (153.3 m) | |||
EBIT margin, % | (10%) | |||
Interest expense | 128.4 m | 94 m | 97 m | 39.6 m |
Net Income | 167.6 m | 148.4 m | 63.5 m | (375.8 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1 b | 986.3 m | 752.1 m | 885.4 m | 863.5 m | 427.4 m | 457.7 m | 349.8 m | 305.8 m |
Cost of goods sold | 740.5 m | 741.1 m | 569.6 m | 662.9 m | 657.8 m | 345.5 m | 369.5 m | 308.3 m | 253.9 m |
Gross profit | 272.3 m | 245.2 m | 182.5 m | 222.5 m | 205.7 m | 81.9 m | 88.2 m | 41.5 m | 51.9 m |
Gross profit Margin, % | 27% | 25% | 24% | 25% | 24% | 19% | 19% | 12% | 17% |
EBIT | 4.8 m | (133.5 m) | (23.7 m) | ||||||
EBIT margin, % | 1% | (38%) | (8%) | ||||||
Net Income | 46.6 m | 73.1 m | (8.4 m) | 23.3 m | 4.8 m | (204 m) | (4.9 m) | (140 m) | (36 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 54.9 m | 68 m | 63.4 m | 69.9 m |
Current Assets | 1.3 b | 1.2 b | 1 b | 749.7 m |
Goodwill | 1.2 b | 1.2 b | 1.2 b | 299.6 m |
Total Assets | 4 b | 3.8 b | 3.4 b | 1.5 b |
Accounts Payable | 935.6 m | 807.4 m | 707.9 m | 321.2 m |
Total Debt | 1.5 b | 1.5 b | 1.4 b | 281.5 m |
Current Liabilities | 1.1 b | 1 b | 883.6 m | 412.8 m |
Non-Current Liabilities | 2.1 b | 2 b | 1.7 b | 514.5 m |
Total Liabilities | 3.2 b | 3 b | 2.6 b | 927.3 m |
Common Stock | 1.4 m | 1.4 m | 1.4 m | 1.4 m |
Additional Paid-in Capital | 506 m | 539.7 m | 558 m | 567.6 m |
Retained Earnings | 353.2 m | 486.9 m | 539.5 m | 247.3 m |
Total Equity | 782.3 m | 824.1 m | 819.5 m | |
Debt to Equity Ratio | 2 x | 1.8 x | 1.7 x | |
Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x | 0.2 x |
Financial Leverage | 5.1 x | 4.6 x | 4.2 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 103.5 m | 74.8 m | 68.2 m | 67.7 m | 75.2 m | 36.1 m | |||
Current Assets | 1.5 b | 1.4 b | 1.3 b | 1.3 b | 1.3 b | 899 m | 850.1 m | 786.6 m | 735.5 m |
Goodwill | 1.2 b | 1.2 b | 1.2 b | 1.2 b | 1.2 b | 312.7 m | 307.5 m | 309.8 m | 302.9 m |
Total Assets | 4.2 b | 4.1 b | 3.8 b | 3.8 b | 3.8 b | 1.8 b | 1.8 b | 1.6 b | 1.5 b |
Accounts Payable | 840.6 m | 787.1 m | 741 m | 764.7 m | 720.7 m | 424.3 m | 395.5 m | 350.3 m | 336.1 m |
Current Liabilities | 1 b | 1 b | 934.4 m | 970.1 m | 931 m | 526.6 m | 482.9 m | 435.7 m | 427.7 m |
Non-Current Liabilities | 2.3 b | 2.2 b | 2.1 b | 2.1 b | 2.1 b | 525.9 m | 531.7 m | 540 m | 507.5 m |
Common Stock | 1.4 m | 1.4 m | 1.4 m | 1.4 m | 1.4 m | 1.4 m | 1.4 m | 1.4 m | 1.4 m |
Additional Paid-in Capital | 532.8 m | 537.2 m | 546.7 m | 549.3 m | 552.6 m | 560.3 m | 564.2 m | 566 m | 570.7 m |
Retained Earnings | 391 m | 464.1 m | 478.5 m | 501.8 m | 506.6 m | 386.3 m | 378.3 m | 238.3 m | 211.3 m |
Total Equity | 845.4 m | 873.8 m | 758.8 m | 799.2 m | 789.9 m | 767.9 m | 751.3 m | 623.5 m | 570.7 m |
Financial Leverage | 5 x | 4.7 x | 5 x | 4.8 x | 4.8 x | 2.4 x | 2.4 x | 2.6 x | 2.6 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 167.6 m | 148.4 m | 63.5 m | (375.8 m) |
Depreciation and Amortization | 68.5 m | 68.4 m | 69.9 m | 3 m |
Accounts Receivable | 74.3 m | 10.3 m | (16 m) | 18.4 m |
Inventories | (22 m) | 9 m | 2.1 m | 52.7 m |
Accounts Payable | (1.6 m) | (8.9 m) | (37.2 m) | (105.8 m) |
Cash From Operating Activities | 323.1 m | 98.3 m | 98 m | (172.3 m) |
Capital Expenditures | (110.7 m) | (84.8 m) | (68.1 m) | (45.9 m) |
Cash From Investing Activities | (82.2 m) | (83.6 m) | 16.9 m | (41.5 m) |
Long-term Borrowings | (266.5 m) | (638.7 m) | (106.1 m) | (1.4 b) |
Dividends Paid | (10.7 m) | (10.8 m) | (10.9 m) | |
Cash From Financing Activities | (256.4 m) | 4 m | (112.9 m) | 219.4 m |
Interest Paid | 134.6 m | 120.4 m | 98.8 m | 49.6 m |
Income Taxes Paid | 55.6 m | 87 m | 20.9 m | 8.9 m |
Free Cash Flow | 433.8 m | 183.1 m | 166.1 m | (218.2 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 46.6 m | 73.1 m | (8.4 m) | 23.3 m | 4.8 m | (204 m) | (4.9 m) | (140 m) | (36 m) |
Depreciation and Amortization | 8.8 m | 8.8 m | 8.6 m | 8.6 m | 8.6 m | 700 k | 800 k | 700 k | 400 k |
Accounts Payable | 764.7 m | 720.7 m | 424.3 m | 395.5 m | 350.3 m | 336.1 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 62.4 k |
Financial Leverage | 2.6 x |
