other material
confidence high
sentiment positive
materiality 0.65
Manitowoc targets $3B revenue, 12% adj. EBITDA margin over 5 years; reports 2025 sales of $2.2B
MANITOWOC CO INC
- 2025 net sales $2.2B, adj. EBITDA $122M (5.5% margin), net leverage 3.15x.
- Aspirational 5-yr targets: $3B revenue, $1B non-new machine sales, 12% adj. EBITDA margin, 15% adj. ROIC.
- Acquired H&E Crane and Aspen Equipment for $180M comb. at ~6x EBITDA; added Honnen and Ring Power territories.
- RPO/rental fleet grew from $98M to $154M (2020-2025); $29M remains on share repurchase plan.
- Crane demand poised to recover on aging fleets, infrastructure spending, data centers, and EU housing.