The Manitowoc Inc (MTW) Earnings Report, Financial Results, Financial analysis

The Manitowoc Company inc reported in II. Quarter net earnings per share of $0.50 an improvement compare to net loss per share of $-0.37 recorded a year ago and an improvement compare to net loss per share of $-0.09 realized in previous quarter.

*II. Quarter*
Earnings Per Share	Revenues
$ 0.5	$ 464 Mill
$+0.87	$+135M +41.21 %

The Manitowoc Inc 's Revenue rose by 41.21 % in II. Quarter (Jun 30 2021) year on year, to $464 million and advanced by 30.85 % sequentially.

The Manitowoc Inc is Expected to report next financial results on February 11, 2022.

More on MTW's Income Statement

Sales Growth by Division


	• Foodservice equipment 1.97% Y/Y


	• Cranes & related products -23.01% Y/Y

MTW's Segments

MTW's NET INCOME

The Manitowoc Inc 's net income of $18 million in II. Quarter increased from net loss of $-13 million II. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-3.10 million recorded in previous quarter.

More on MTW's Growth

The Manitowoc Inc Income Growth by Division
• Foodservice equipment 13.73% Y/Y • Cranes & related products -89.66% Y/Y Inventories declined by -0.9 % to $529.70 million from II. Quarter a year ago, sequentially inventories rose by 1.79 %. In II. Quarter company's net cash and cash equivalents decreased by $0 million, capital expenditures fell by 68.18%, to $-7 millions compare to same quarter a year ago and rose by -7.50% from I. Quarter (Mar 31 2021).

More on MTW's Cash flow Statement

Earnings quality

The Manitowoc Company inc does not pay out common stock dividend.

In trailing twelve-month period The Manitowoc Company inc earned $ 3.18 cash per share, on a free-cash flow basis 707.2 % of net earning per share.

Book value grew by 1.36 % sequentially to $18.43 per share, 131.78% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 8.49 per share from $ 8.03.

Company issued 0.79 million shares or 2.28 % in II. Quarter.
Interest Coverage Ratio was 2.34. Debt Coverage Ratio was 0.22.

• More on MTW's Dividends

Market Capitalization (Millions)	743
Shares Outstanding (Millions)	36
Total Debt (Millions $)	304
Revenue (TTM) (Millions $)	1,604
Net Income (TTM) (Millions $)	16
Cash Flow (TTM) (Millions $)	30
Capital Exp. (TTM) (Millions $)	-34
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	12,300

Earnings quality

• More on MTW's Balance Sheets

Market Capitalization (Millions)	743
Shares Outstanding (Millions)	36
Total Debt (Millions $)	304
Revenue (TTM) (Millions $)	1,604
Net Income (TTM) (Millions $)	16
Cash Flow (TTM) (Millions $)	30
Capital Exp. (TTM) (Millions $)	-34
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	12,300

Operating Statistics	Decrease / Increase

• View Annual Report

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The Manitowoc Company inc

MTW's Financial Statements and Analysis