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The Manitowoc Company MTW Standard Product Warranty Accrual

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Other financials

Income statement

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Revenue$594.9M+10.3%
Gross profit$123.1M+24.3%
Operating income$31.1M+217%
Net income$14.2M+847%
EPS (diluted)$0.39+875%

Balance sheet

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Cash & equivalents$95.8M+191%
Total debt$518.4M-1.2%
Total equity$701.1M+2.9%
Total assets$1.9B+2.0%

Cash flow

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Operating cash flow$8.0M+112%
CapEx$14.1M+135%
Free cash flow$19.2M+814%

Valuation

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Market cap$681.21M+88.5%
Enterprise value$1.1B+29.4%
P/E33.7×+25.7×
P/S0.3×+0.1×

Profitability

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Gross margin18.7%+1.3pp
Operating margin3.1%+1.3pp
Net margin0.9%-1.2pp
FCF margin0.3%

Returns & leverage

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Return on equity2.9%-4.1pp
Debt / equity0.7×0.0×
Current ratio2.1×0.0×

Where this comes from

Reported directly by The Manitowoc Company in its filing.

Tagged under the XBRL concept us-gaap:ProductWarrantyAccrualClassifiedCurrent.

The source filing: The Manitowoc Company’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340218
Line itemJune 30,2026December 31,2025
Accounts payable and accrued expenses$496.0$401.6
Customer advances17.018.3
Short-term borrowings and current portion of long-term debt8.913.7
Product warranties33.236.2
Other liabilities22.221.8
Total current liabilities577.3491.6
Non-Current Liabilities:
Long-term debt460.6447.1

Item 1. Financial Statements

FAQ

What is The Manitowoc Company's standard product warranty accrual?
The Manitowoc Company (MTW) reported standard product warranty accrual of $33.2M in Q2 2026.
How has The Manitowoc Company's standard product warranty accrual changed year-over-year?
The Manitowoc Company's standard product warranty accrual decreased by 13.8% year-over-year, from $38.5M to $33.2M.
What is the long-term trend for The Manitowoc Company's standard product warranty accrual?
Over 5 years (2020 to 2025), The Manitowoc Company's standard product warranty accrual has grown at a -6.3% compound annual growth rate (CAGR), from $50.2M to $36.2M.
What does standard product warranty accrual mean?
This metric represents the estimated liability for future costs associated with standard warranty obligations on products sold. It reflects the company's anticipated financial commitment to repair or replace equipment under warranty terms based on historical failure rates and product performance data. Monitoring this accrual provides insight into product quality trends and potential future cash outflows related to service and maintenance obligations.

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