vs

Side-by-side financial comparison of Axos Financial, Inc. (AX) and MANITOWOC CO INC (MTW). Click either name above to swap in a different company.

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $392.2M, roughly 1.7× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 1.0%, a 30.8% gap on every dollar of revenue. Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 16.1%).

Axos Financial is an American bank holding company based in Las Vegas, Nevada and is the parent of Axos Bank, a direct bank. It also offers registered investment adviser services and an electronic trading platform.

The Manitowoc Company, Inc. is an American manufacturer which produces cranes and previously produced commercial refrigeration and marine equipment. It was founded in 1902 and, through its wholly owned subsidiaries, designs, manufactures, markets, and supports mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks under the Grove, Manitowoc, National Crane, Potain, Shuttlelift and Manitowoc Crane Care brand names.

AX vs MTW — Head-to-Head

Bigger by revenue
MTW
MTW
1.7× larger
MTW
$677.1M
$392.2M
AX
Higher net margin
AX
AX
30.8% more per $
AX
31.8%
1.0%
MTW
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
16.1%
AX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AX
AX
MTW
MTW
Revenue
$392.2M
$677.1M
Net Profit
$124.7M
$7.0M
Gross Margin
16.7%
Operating Margin
3.0%
Net Margin
31.8%
1.0%
Revenue YoY
13.6%
Net Profit YoY
18.5%
-87.7%
EPS (diluted)
$2.15
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AX
AX
MTW
MTW
Q1 26
$392.2M
Q4 25
$385.1M
$677.1M
Q3 25
$323.4M
$553.4M
Q2 25
$321.4M
$539.5M
Q1 25
$308.8M
$470.9M
Q4 24
$307.9M
$596.0M
Q3 24
$320.7M
$524.8M
Q2 24
$290.9M
$562.1M
Net Profit
AX
AX
MTW
MTW
Q1 26
$124.7M
Q4 25
$128.4M
$7.0M
Q3 25
$112.4M
$5.0M
Q2 25
$110.7M
$1.5M
Q1 25
$105.2M
$-6.3M
Q4 24
$104.7M
$56.7M
Q3 24
$112.3M
$-7.0M
Q2 24
$104.9M
$1.6M
Gross Margin
AX
AX
MTW
MTW
Q1 26
Q4 25
16.7%
Q3 25
18.5%
Q2 25
18.4%
Q1 25
19.1%
Q4 24
16.0%
Q3 24
16.7%
Q2 24
17.7%
Operating Margin
AX
AX
MTW
MTW
Q1 26
Q4 25
45.6%
3.0%
Q3 25
46.3%
3.3%
Q2 25
48.5%
1.8%
Q1 25
47.9%
1.1%
Q4 24
48.8%
2.7%
Q3 24
49.6%
1.4%
Q2 24
49.6%
2.3%
Net Margin
AX
AX
MTW
MTW
Q1 26
31.8%
Q4 25
33.3%
1.0%
Q3 25
34.7%
0.9%
Q2 25
34.4%
0.3%
Q1 25
34.1%
-1.3%
Q4 24
34.0%
9.5%
Q3 24
35.0%
-1.3%
Q2 24
36.0%
0.3%
EPS (diluted)
AX
AX
MTW
MTW
Q1 26
$2.15
Q4 25
$2.22
$0.20
Q3 25
$1.94
$0.14
Q2 25
$1.89
$0.04
Q1 25
$1.81
$-0.18
Q4 24
$1.80
$1.60
Q3 24
$1.93
$-0.20
Q2 24
$1.75
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AX
AX
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$77.3M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$3.1B
$695.2M
Total Assets
$29.2B
$1.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
MTW
MTW
Q1 26
Q4 25
$1.0B
$77.3M
Q3 25
$2.6B
$39.7M
Q2 25
$1.9B
$32.9M
Q1 25
$2.0B
$41.4M
Q4 24
$2.4B
$48.0M
Q3 24
$2.6B
$22.9M
Q2 24
$2.0B
$38.1M
Total Debt
AX
AX
MTW
MTW
Q1 26
Q4 25
$447.1M
Q3 25
$479.9M
Q2 25
$312.7M
$459.8M
Q1 25
$377.4M
$381.4M
Q4 24
$358.7M
$377.1M
Q3 24
$313.5M
$426.7M
Q2 24
$325.7M
$406.3M
Stockholders' Equity
AX
AX
MTW
MTW
Q1 26
$3.1B
Q4 25
$2.9B
$695.2M
Q3 25
$2.8B
$682.7M
Q2 25
$2.7B
$681.3M
Q1 25
$2.6B
$651.6M
Q4 24
$2.5B
$640.1M
Q3 24
$2.4B
$607.6M
Q2 24
$2.3B
$592.3M
Total Assets
AX
AX
MTW
MTW
Q1 26
$29.2B
Q4 25
$28.2B
$1.8B
Q3 25
$27.4B
$1.9B
Q2 25
$24.8B
$1.9B
Q1 25
$24.0B
$1.8B
Q4 24
$23.7B
$1.7B
Q3 24
$23.6B
$1.8B
Q2 24
$22.9B
$1.7B
Debt / Equity
AX
AX
MTW
MTW
Q1 26
Q4 25
0.64×
Q3 25
0.70×
Q2 25
0.12×
0.67×
Q1 25
0.14×
0.59×
Q4 24
0.14×
0.59×
Q3 24
0.13×
0.70×
Q2 24
0.14×
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AX
AX
MTW
MTW
Operating Cash FlowLast quarter
$91.1M
Free Cash FlowOCF − Capex
$78.3M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
13.01×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
MTW
MTW
Q1 26
Q4 25
$104.1M
$91.1M
Q3 25
$118.4M
$-14.1M
Q2 25
$490.3M
$-67.7M
Q1 25
$73.7M
$12.9M
Q4 24
$162.5M
$112.4M
Q3 24
$70.8M
$-43.6M
Q2 24
$305.5M
$11.0M
Free Cash Flow
AX
AX
MTW
MTW
Q1 26
Q4 25
$85.4M
$78.3M
Q3 25
$109.3M
$-22.0M
Q2 25
$436.1M
$-73.7M
Q1 25
$65.1M
$2.1M
Q4 24
$156.4M
$101.1M
Q3 24
$53.0M
$-52.9M
Q2 24
$269.5M
$-1.9M
FCF Margin
AX
AX
MTW
MTW
Q1 26
Q4 25
22.2%
11.6%
Q3 25
33.8%
-4.0%
Q2 25
135.7%
-13.7%
Q1 25
21.1%
0.4%
Q4 24
50.8%
17.0%
Q3 24
16.5%
-10.1%
Q2 24
92.6%
-0.3%
Capex Intensity
AX
AX
MTW
MTW
Q1 26
Q4 25
4.9%
1.9%
Q3 25
2.8%
1.4%
Q2 25
16.9%
1.1%
Q1 25
2.8%
2.3%
Q4 24
2.0%
1.9%
Q3 24
5.5%
1.8%
Q2 24
12.4%
2.3%
Cash Conversion
AX
AX
MTW
MTW
Q1 26
Q4 25
0.81×
13.01×
Q3 25
1.05×
-2.82×
Q2 25
4.43×
-45.13×
Q1 25
0.70×
Q4 24
1.55×
1.98×
Q3 24
0.63×
Q2 24
2.91×
6.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AX
AX

Net Interest Income$306.3M78%
Noninterest Income$86.0M22%

MTW
MTW

US$344.5M51%
Europe$193.8M29%
Other Countries$138.8M20%

Related Comparisons