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The Manitowoc Company, Inc. (MTW) Q3 2025 Earnings Call Transcript
The Manitowoc Company, Inc. ( MTW ) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Ion Warner - Vice President of Marketing & Investor Relations Aaron Ravenscroft - President, CEO & Director Brian Regan - Executive VP & CFO Conference Call Participants Tyler Russell - Barclays Bank PLC, Research Division Presentation Operator Good morning, and welcome to the Manitowoc Company Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
Manitowoc: The Firm's Pain Is Priced In
The Manitowoc Company has seen a 20% stock decline despite management's confidence in higher sales for the year. MTW's revenue dropped due to weaker new machine sales in key regions, but profitability held up better than expected thanks to product mix improvements. Tariff impacts are less severe than previously anticipated, with management expecting to mitigate 90% of the $35 million hit for 2025.
Manitowoc Q2 Earnings Miss Estimates, Revenues Decline 4% Y/Y
MTW posts weaker Q2 results as EPS and revenues miss estimates, though orders grew and the gross margin moved up.
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Manitowoc Company Inc. Profile
| Machinery Industry | Industrials Sector | Aaron H. Ravenscroft CEO | XMUN Exchange | US5635714059 ISIN |
| US Country | 4,800 Employees | 20 Nov 2017 Last Dividend | 4 Mar 2016 Last Split | 26 Mar 1990 IPO Date |
Overview
The Manitowoc Company, Inc., established in 1902 and headquartered in Milwaukee, Wisconsin, plays a crucial role in the engineered lifting solutions market globally. Operating across the Americas, Europe, Africa, the Middle East, and the Asia Pacific, the company boasts a rich heritage of innovation and quality in the design, manufacture, and distribution of various crane types. These include crawler-mounted lattice-boom cranes, mobile hydraulic cranes, and tower cranes, catering primarily to the energy, petrochemical, industrial, and construction sectors. Manitowoc's dedication to serving a wide range of customers — from dealers and rental companies to contractors and government entities — underscores its position as a leader in the lifting industry.
Products and Services
- Crawler-mounted lattice-boom cranes: Sold under the Manitowoc brand, these cranes are renowned for their durability and extensive reach, making them a staple in energy production and heavy construction projects.
- Top-slewing and self-erecting tower cranes: Marketed under the Potain brand, these cranes are pivotal in the construction of high-rise buildings, offering exceptional height and lifting capacity capabilities.
- Mobile hydraulic cranes: Available under the Grove, Shuttlelift, and National Crane brands, these versatile cranes are designed for a wide variety of lifting tasks in both industrial and commercial construction settings.
- Hydraulic boom trucks: Operating under the National Crane brand, these trucks provide flexible and efficient lifting solutions, particularly in projects that require quick setup and teardown times.
- Aftermarket services: Not limited to just crane sales, Manitowoc offers an extensive array of services including the sale of parts and accessories, routine maintenance, technical support, crane and component remanufacturing, erection, decommissioning services, training, and innovative telematics services. These services ensure the longevity and optimal performance of Manitowoc's products throughout their lifecycle.
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