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MANITOWOC CO INC (MTW)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Americas      882.7693.6 941.3
    Middle East & Asia Pacific      283.5258.8 425.5
    Other      680.6628.9 498.9
Total revenues  2,032.51,720.21,443.41,834.11,846.81,581.31,613.11,865.7
            Revenue growth   [+]18.2%19.2%-21.3%-0.7%16.8%-2.0%-13.5%-19.1%
Cost of goods sold  1,668.01,413.01,188.71,490.01,518.71,299.41,359.81,533.5
Gross profit  364.5307.2254.7344.1328.1281.9253.3332.2
            Gross margin  17.9%17.9%17.6%18.8%17.8%17.8%15.7%17.8%
Selling, general and administrative  457.5260.7216.1235.7251.6245.3270.4316.9
Other operating expenses  26.326.240.148.8    
EBITDA   [+]    112.674.625.965.9
            EBITDA margin  -5.9%1.2%-0.1%3.2%6.1%4.7%1.6%3.5%
Depreciation      36.138.145.650.6
EBITA  -119.320.3-1.559.676.536.5-19.715.3
            EBITA margin  -5.9%1.2%-0.1%3.2%4.1%2.3%-1.2%0.8%
Amortization of intangibles      0.30.83.03.0
EBIT   [+]-119.320.3-1.559.676.235.7-22.712.3
            EBIT margin  -5.9%1.2%-0.1%3.2%4.1%2.3%-1.4%0.7%
Non-recurring items   [+]    95.527.3120.324.7
Interest expense        39.695.6
Other income (expense), net   [+]-0.9-3.2-0.5-0.6-52.4-47.9-85.5-3.0
Pre-tax income  -120.217.1-2.059.0-71.7-39.5-268.1-111.0
Income taxes  3.46.117.112.4-4.8-49.5100.5-41.1
            Tax rate   35.7% 21.0%6.7%125.3% 37.0%
Net income  -123.611.0-19.146.6-66.910.0-375.865.5
            Net margin  -6.1%0.6%-1.3%2.5%-3.6%0.6%-23.3%3.5%
   
Basic EPS   [+]($3.51)$0.32($0.55)$1.31($1.88)$0.28($10.91)$1.93
Diluted EPS   [+]($3.51)$0.31($0.55)$1.31($1.88)$0.28($10.91)$1.93
   
Dividends per share   [+]       $0.08
   
Shares outstanding (basic)   [+]35.234.934.735.535.535.134.434.0
Shares outstanding (diluted)   [+]35.235.534.735.635.535.934.434.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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