vs

Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) 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 $518.0M, roughly 1.3× Distribution Solutions Group, Inc.). Distribution Solutions Group, Inc. runs the higher net margin — 1.2% vs 1.0%, a 0.2% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs 10.7%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $32.9M). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 13.1%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

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.

DSGR vs MTW — Head-to-Head

Bigger by revenue
MTW
MTW
1.3× larger
MTW
$677.1M
$518.0M
DSGR
Growing faster (revenue YoY)
MTW
MTW
+2.9% gap
MTW
13.6%
10.7%
DSGR
Higher net margin
DSGR
DSGR
0.2% more per $
DSGR
1.2%
1.0%
MTW
More free cash flow
MTW
MTW
$45.4M more FCF
MTW
$78.3M
$32.9M
DSGR
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
13.1%
DSGR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DSGR
DSGR
MTW
MTW
Revenue
$518.0M
$677.1M
Net Profit
$6.5M
$7.0M
Gross Margin
32.9%
16.7%
Operating Margin
4.6%
3.0%
Net Margin
1.2%
1.0%
Revenue YoY
10.7%
13.6%
Net Profit YoY
-70.6%
-87.7%
EPS (diluted)
$0.14
$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
DSGR
DSGR
MTW
MTW
Q4 25
$677.1M
Q3 25
$518.0M
$553.4M
Q2 25
$502.4M
$539.5M
Q1 25
$478.0M
$470.9M
Q4 24
$480.5M
$596.0M
Q3 24
$468.0M
$524.8M
Q2 24
$439.5M
$562.1M
Q1 24
$416.1M
$495.1M
Net Profit
DSGR
DSGR
MTW
MTW
Q4 25
$7.0M
Q3 25
$6.5M
$5.0M
Q2 25
$5.0M
$1.5M
Q1 25
$3.3M
$-6.3M
Q4 24
$-25.9M
$56.7M
Q3 24
$21.9M
$-7.0M
Q2 24
$1.9M
$1.6M
Q1 24
$-5.2M
$4.5M
Gross Margin
DSGR
DSGR
MTW
MTW
Q4 25
16.7%
Q3 25
32.9%
18.5%
Q2 25
33.9%
18.4%
Q1 25
34.3%
19.1%
Q4 24
33.3%
16.0%
Q3 24
33.9%
16.7%
Q2 24
34.5%
17.7%
Q1 24
34.5%
18.7%
Operating Margin
DSGR
DSGR
MTW
MTW
Q4 25
3.0%
Q3 25
4.6%
3.3%
Q2 25
5.3%
1.8%
Q1 25
4.2%
1.1%
Q4 24
4.2%
2.7%
Q3 24
4.0%
1.4%
Q2 24
3.2%
2.3%
Q1 24
0.7%
3.1%
Net Margin
DSGR
DSGR
MTW
MTW
Q4 25
1.0%
Q3 25
1.2%
0.9%
Q2 25
1.0%
0.3%
Q1 25
0.7%
-1.3%
Q4 24
-5.4%
9.5%
Q3 24
4.7%
-1.3%
Q2 24
0.4%
0.3%
Q1 24
-1.3%
0.9%
EPS (diluted)
DSGR
DSGR
MTW
MTW
Q4 25
$0.20
Q3 25
$0.14
$0.14
Q2 25
$0.11
$0.04
Q1 25
$0.07
$-0.18
Q4 24
$-0.55
$1.60
Q3 24
$0.46
$-0.20
Q2 24
$0.04
$0.04
Q1 24
$-0.11
$0.12

Balance Sheet & Financial Strength

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

Metric
DSGR
DSGR
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$69.2M
$77.3M
Total DebtLower is stronger
$665.5M
$447.1M
Stockholders' EquityBook value
$653.9M
$695.2M
Total Assets
$1.8B
$1.8B
Debt / EquityLower = less leverage
1.02×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGR
DSGR
MTW
MTW
Q4 25
$77.3M
Q3 25
$69.2M
$39.7M
Q2 25
$47.4M
$32.9M
Q1 25
$65.4M
$41.4M
Q4 24
$66.5M
$48.0M
Q3 24
$61.3M
$22.9M
Q2 24
$46.8M
$38.1M
Q1 24
$73.1M
$31.5M
Total Debt
DSGR
DSGR
MTW
MTW
Q4 25
$447.1M
Q3 25
$665.5M
$479.9M
Q2 25
$675.0M
$459.8M
Q1 25
$712.4M
$381.4M
Q4 24
$693.9M
$377.1M
Q3 24
$704.1M
$426.7M
Q2 24
$573.7M
$406.3M
Q1 24
$535.7M
$372.7M
Stockholders' Equity
DSGR
DSGR
MTW
MTW
Q4 25
$695.2M
Q3 25
$653.9M
$682.7M
Q2 25
$649.4M
$681.3M
Q1 25
$636.7M
$651.6M
Q4 24
$640.5M
$640.1M
Q3 24
$680.8M
$607.6M
Q2 24
$653.3M
$592.3M
Q1 24
$654.7M
$596.0M
Total Assets
DSGR
DSGR
MTW
MTW
Q4 25
$1.8B
Q3 25
$1.8B
$1.9B
Q2 25
$1.8B
$1.9B
Q1 25
$1.8B
$1.8B
Q4 24
$1.7B
$1.7B
Q3 24
$1.8B
$1.8B
Q2 24
$1.6B
$1.7B
Q1 24
$1.5B
$1.8B
Debt / Equity
DSGR
DSGR
MTW
MTW
Q4 25
0.64×
Q3 25
1.02×
0.70×
Q2 25
1.04×
0.67×
Q1 25
1.12×
0.59×
Q4 24
1.08×
0.59×
Q3 24
1.03×
0.70×
Q2 24
0.88×
0.69×
Q1 24
0.82×
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
DSGR
DSGR
MTW
MTW
Operating Cash FlowLast quarter
$38.4M
$91.1M
Free Cash FlowOCF − Capex
$32.9M
$78.3M
FCF MarginFCF / Revenue
6.3%
11.6%
Capex IntensityCapex / Revenue
1.1%
1.9%
Cash ConversionOCF / Net Profit
5.95×
13.01×
TTM Free Cash FlowTrailing 4 quarters
$92.2M
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DSGR
DSGR
MTW
MTW
Q4 25
$91.1M
Q3 25
$38.4M
$-14.1M
Q2 25
$33.3M
$-67.7M
Q1 25
$-4.8M
$12.9M
Q4 24
$45.7M
$112.4M
Q3 24
$-17.3M
$-43.6M
Q2 24
$21.4M
$11.0M
Q1 24
$6.6M
$-30.6M
Free Cash Flow
DSGR
DSGR
MTW
MTW
Q4 25
$78.3M
Q3 25
$32.9M
$-22.0M
Q2 25
$28.7M
$-73.7M
Q1 25
$-10.4M
$2.1M
Q4 24
$41.1M
$101.1M
Q3 24
$-20.5M
$-52.9M
Q2 24
$18.0M
$-1.9M
Q1 24
$4.2M
$-42.8M
FCF Margin
DSGR
DSGR
MTW
MTW
Q4 25
11.6%
Q3 25
6.3%
-4.0%
Q2 25
5.7%
-13.7%
Q1 25
-2.2%
0.4%
Q4 24
8.6%
17.0%
Q3 24
-4.4%
-10.1%
Q2 24
4.1%
-0.3%
Q1 24
1.0%
-8.6%
Capex Intensity
DSGR
DSGR
MTW
MTW
Q4 25
1.9%
Q3 25
1.1%
1.4%
Q2 25
0.9%
1.1%
Q1 25
1.2%
2.3%
Q4 24
1.0%
1.9%
Q3 24
0.7%
1.8%
Q2 24
0.8%
2.3%
Q1 24
0.6%
2.5%
Cash Conversion
DSGR
DSGR
MTW
MTW
Q4 25
13.01×
Q3 25
5.95×
-2.82×
Q2 25
6.66×
-45.13×
Q1 25
-1.46×
Q4 24
1.98×
Q3 24
-0.79×
Q2 24
11.28×
6.88×
Q1 24
-6.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DSGR
DSGR

Test Equity Segment$206.5M40%
Gexpro Services Segment$130.5M25%
Lawson Segment$121.5M23%
Canada Branch Division Segment$60.0M12%

MTW
MTW

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

Related Comparisons