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Side-by-side financial comparison of CABOT CORP (CBT) and MANITOWOC CO INC (MTW). Click either name above to swap in a different company.

CABOT CORP is the larger business by last-quarter revenue ($849.0M vs $677.1M, roughly 1.3× MANITOWOC CO INC). CABOT CORP runs the higher net margin — 8.6% vs 1.0%, a 7.6% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs -11.1%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $57.0M). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs -8.7%).

Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities, and 28 sales offices.

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.

CBT vs MTW — Head-to-Head

Bigger by revenue
CBT
CBT
1.3× larger
CBT
$849.0M
$677.1M
MTW
Growing faster (revenue YoY)
MTW
MTW
+24.7% gap
MTW
13.6%
-11.1%
CBT
Higher net margin
CBT
CBT
7.6% more per $
CBT
8.6%
1.0%
MTW
More free cash flow
MTW
MTW
$21.3M more FCF
MTW
$78.3M
$57.0M
CBT
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
-8.7%
CBT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBT
CBT
MTW
MTW
Revenue
$849.0M
$677.1M
Net Profit
$73.0M
$7.0M
Gross Margin
24.9%
16.7%
Operating Margin
15.2%
3.0%
Net Margin
8.6%
1.0%
Revenue YoY
-11.1%
13.6%
Net Profit YoY
-21.5%
-87.7%
EPS (diluted)
$1.37
$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
CBT
CBT
MTW
MTW
Q4 25
$849.0M
$677.1M
Q3 25
$899.0M
$553.4M
Q2 25
$923.0M
$539.5M
Q1 25
$936.0M
$470.9M
Q4 24
$955.0M
$596.0M
Q3 24
$1.0B
$524.8M
Q2 24
$1.0B
$562.1M
Q1 24
$1.0B
$495.1M
Net Profit
CBT
CBT
MTW
MTW
Q4 25
$73.0M
$7.0M
Q3 25
$43.0M
$5.0M
Q2 25
$101.0M
$1.5M
Q1 25
$94.0M
$-6.3M
Q4 24
$93.0M
$56.7M
Q3 24
$137.0M
$-7.0M
Q2 24
$109.0M
$1.6M
Q1 24
$84.0M
$4.5M
Gross Margin
CBT
CBT
MTW
MTW
Q4 25
24.9%
16.7%
Q3 25
24.5%
18.5%
Q2 25
26.4%
18.4%
Q1 25
25.7%
19.1%
Q4 24
24.6%
16.0%
Q3 24
24.0%
16.7%
Q2 24
25.2%
17.7%
Q1 24
24.1%
18.7%
Operating Margin
CBT
CBT
MTW
MTW
Q4 25
15.2%
3.0%
Q3 25
15.2%
3.3%
Q2 25
18.1%
1.8%
Q1 25
17.3%
1.1%
Q4 24
16.2%
2.7%
Q3 24
15.0%
1.4%
Q2 24
16.9%
2.3%
Q1 24
15.3%
3.1%
Net Margin
CBT
CBT
MTW
MTW
Q4 25
8.6%
1.0%
Q3 25
4.8%
0.9%
Q2 25
10.9%
0.3%
Q1 25
10.0%
-1.3%
Q4 24
9.7%
9.5%
Q3 24
13.7%
-1.3%
Q2 24
10.7%
0.3%
Q1 24
8.2%
0.9%
EPS (diluted)
CBT
CBT
MTW
MTW
Q4 25
$1.37
$0.20
Q3 25
$0.80
$0.14
Q2 25
$1.86
$0.04
Q1 25
$1.69
$-0.18
Q4 24
$1.67
$1.60
Q3 24
$2.41
$-0.20
Q2 24
$1.94
$0.04
Q1 24
$1.49
$0.12

Balance Sheet & Financial Strength

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

Metric
CBT
CBT
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$230.0M
$77.3M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$1.6B
$695.2M
Total Assets
$3.8B
$1.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBT
CBT
MTW
MTW
Q4 25
$230.0M
$77.3M
Q3 25
$258.0M
$39.7M
Q2 25
$239.0M
$32.9M
Q1 25
$213.0M
$41.4M
Q4 24
$183.0M
$48.0M
Q3 24
$223.0M
$22.9M
Q2 24
$197.0M
$38.1M
Q1 24
$206.0M
$31.5M
Total Debt
CBT
CBT
MTW
MTW
Q4 25
$447.1M
Q3 25
$1.1B
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$377.1M
Q3 24
$1.1B
$426.7M
Q2 24
$406.3M
Q1 24
$372.7M
Stockholders' Equity
CBT
CBT
MTW
MTW
Q4 25
$1.6B
$695.2M
Q3 25
$1.6B
$682.7M
Q2 25
$1.5B
$681.3M
Q1 25
$1.4B
$651.6M
Q4 24
$1.4B
$640.1M
Q3 24
$1.4B
$607.6M
Q2 24
$1.3B
$592.3M
Q1 24
$1.4B
$596.0M
Total Assets
CBT
CBT
MTW
MTW
Q4 25
$3.8B
$1.8B
Q3 25
$3.8B
$1.9B
Q2 25
$3.8B
$1.9B
Q1 25
$3.8B
$1.8B
Q4 24
$3.6B
$1.7B
Q3 24
$3.7B
$1.8B
Q2 24
$3.6B
$1.7B
Q1 24
$3.6B
$1.8B
Debt / Equity
CBT
CBT
MTW
MTW
Q4 25
0.64×
Q3 25
0.70×
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
0.59×
Q3 24
0.75×
0.70×
Q2 24
0.69×
Q1 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
CBT
CBT
MTW
MTW
Operating Cash FlowLast quarter
$126.0M
$91.1M
Free Cash FlowOCF − Capex
$57.0M
$78.3M
FCF MarginFCF / Revenue
6.7%
11.6%
Capex IntensityCapex / Revenue
8.1%
1.9%
Cash ConversionOCF / Net Profit
1.73×
13.01×
TTM Free Cash FlowTrailing 4 quarters
$401.0M
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBT
CBT
MTW
MTW
Q4 25
$126.0M
$91.1M
Q3 25
$219.0M
$-14.1M
Q2 25
$249.0M
$-67.7M
Q1 25
$73.0M
$12.9M
Q4 24
$124.0M
$112.4M
Q3 24
$204.0M
$-43.6M
Q2 24
$207.0M
$11.0M
Q1 24
$176.0M
$-30.6M
Free Cash Flow
CBT
CBT
MTW
MTW
Q4 25
$57.0M
$78.3M
Q3 25
$155.0M
$-22.0M
Q2 25
$188.0M
$-73.7M
Q1 25
$1.0M
$2.1M
Q4 24
$47.0M
$101.1M
Q3 24
$112.0M
$-52.9M
Q2 24
$155.0M
$-1.9M
Q1 24
$133.0M
$-42.8M
FCF Margin
CBT
CBT
MTW
MTW
Q4 25
6.7%
11.6%
Q3 25
17.2%
-4.0%
Q2 25
20.4%
-13.7%
Q1 25
0.1%
0.4%
Q4 24
4.9%
17.0%
Q3 24
11.2%
-10.1%
Q2 24
15.3%
-0.3%
Q1 24
13.1%
-8.6%
Capex Intensity
CBT
CBT
MTW
MTW
Q4 25
8.1%
1.9%
Q3 25
7.1%
1.4%
Q2 25
6.6%
1.1%
Q1 25
7.7%
2.3%
Q4 24
8.1%
1.9%
Q3 24
9.2%
1.8%
Q2 24
5.1%
2.3%
Q1 24
4.2%
2.5%
Cash Conversion
CBT
CBT
MTW
MTW
Q4 25
1.73×
13.01×
Q3 25
5.09×
-2.82×
Q2 25
2.47×
-45.13×
Q1 25
0.78×
Q4 24
1.33×
1.98×
Q3 24
1.49×
Q2 24
1.90×
6.88×
Q1 24
2.10×
-6.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBT
CBT

Reinforcement Materials$520.0M61%
Performance Chemicals$300.0M35%
Shipping And Handling$25.0M3%
Other Products And Services$4.0M0%

MTW
MTW

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

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