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Side-by-side financial comparison of EQUITY LIFESTYLE PROPERTIES INC (ELS) 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 $397.6M, roughly 1.7× EQUITY LIFESTYLE PROPERTIES INC). On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs 6.3%). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 2.3%).

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

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.

ELS vs MTW — Head-to-Head

Bigger by revenue
MTW
MTW
1.7× larger
MTW
$677.1M
$397.6M
ELS
Growing faster (revenue YoY)
MTW
MTW
+7.3% gap
MTW
13.6%
6.3%
ELS
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
2.3%
ELS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ELS
ELS
MTW
MTW
Revenue
$397.6M
$677.1M
Net Profit
$7.0M
Gross Margin
16.7%
Operating Margin
3.0%
Net Margin
1.0%
Revenue YoY
6.3%
13.6%
Net Profit YoY
-87.7%
EPS (diluted)
$0.56
$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
ELS
ELS
MTW
MTW
Q1 26
$397.6M
Q4 25
$373.9M
$677.1M
Q3 25
$393.3M
$553.4M
Q2 25
$376.9M
$539.5M
Q1 25
$387.3M
$470.9M
Q4 24
$372.3M
$596.0M
Q3 24
$387.3M
$524.8M
Q2 24
$380.0M
$562.1M
Net Profit
ELS
ELS
MTW
MTW
Q1 26
Q4 25
$103.8M
$7.0M
Q3 25
$100.4M
$5.0M
Q2 25
$83.5M
$1.5M
Q1 25
$114.4M
$-6.3M
Q4 24
$100.6M
$56.7M
Q3 24
$86.9M
$-7.0M
Q2 24
$82.1M
$1.6M
Gross Margin
ELS
ELS
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
ELS
ELS
MTW
MTW
Q1 26
Q4 25
26.5%
3.0%
Q3 25
25.1%
3.3%
Q2 25
22.3%
1.8%
Q1 25
28.3%
1.1%
Q4 24
27.2%
2.7%
Q3 24
21.4%
1.4%
Q2 24
21.5%
2.3%
Net Margin
ELS
ELS
MTW
MTW
Q1 26
Q4 25
27.8%
1.0%
Q3 25
25.5%
0.9%
Q2 25
22.2%
0.3%
Q1 25
29.5%
-1.3%
Q4 24
27.0%
9.5%
Q3 24
22.4%
-1.3%
Q2 24
21.6%
0.3%
EPS (diluted)
ELS
ELS
MTW
MTW
Q1 26
$0.56
Q4 25
$0.52
$0.20
Q3 25
$0.50
$0.14
Q2 25
$0.42
$0.04
Q1 25
$0.57
$-0.18
Q4 24
$0.51
$1.60
Q3 24
$0.44
$-0.20
Q2 24
$0.42
$0.04

Balance Sheet & Financial Strength

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

Metric
ELS
ELS
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$77.3M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$1.8B
$695.2M
Total Assets
$5.7M
$1.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELS
ELS
MTW
MTW
Q1 26
Q4 25
$77.3M
Q3 25
$39.7M
Q2 25
$32.9M
Q1 25
$41.4M
Q4 24
$48.0M
Q3 24
$22.9M
Q2 24
$38.1M
Total Debt
ELS
ELS
MTW
MTW
Q1 26
Q4 25
$3.3B
$447.1M
Q3 25
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$3.2B
$377.1M
Q3 24
$426.7M
Q2 24
$406.3M
Stockholders' Equity
ELS
ELS
MTW
MTW
Q1 26
$1.8B
Q4 25
$1.8B
$695.2M
Q3 25
$1.8B
$682.7M
Q2 25
$1.7B
$681.3M
Q1 25
$1.7B
$651.6M
Q4 24
$1.7B
$640.1M
Q3 24
$1.4B
$607.6M
Q2 24
$1.4B
$592.3M
Total Assets
ELS
ELS
MTW
MTW
Q1 26
$5.7M
Q4 25
$5.7B
$1.8B
Q3 25
$5.7B
$1.9B
Q2 25
$5.7B
$1.9B
Q1 25
$5.6B
$1.8B
Q4 24
$5.6B
$1.7B
Q3 24
$5.6B
$1.8B
Q2 24
$5.6B
$1.7B
Debt / Equity
ELS
ELS
MTW
MTW
Q1 26
Q4 25
1.91×
0.64×
Q3 25
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
1.84×
0.59×
Q3 24
0.70×
Q2 24
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
ELS
ELS
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
ELS
ELS
MTW
MTW
Q1 26
Q4 25
$571.1M
$91.1M
Q3 25
$147.0M
$-14.1M
Q2 25
$131.3M
$-67.7M
Q1 25
$193.4M
$12.9M
Q4 24
$596.7M
$112.4M
Q3 24
$149.5M
$-43.6M
Q2 24
$143.1M
$11.0M
Free Cash Flow
ELS
ELS
MTW
MTW
Q1 26
Q4 25
$334.1M
$78.3M
Q3 25
$75.7M
$-22.0M
Q2 25
$71.8M
$-73.7M
Q1 25
$148.2M
$2.1M
Q4 24
$355.4M
$101.1M
Q3 24
$91.1M
$-52.9M
Q2 24
$80.6M
$-1.9M
FCF Margin
ELS
ELS
MTW
MTW
Q1 26
Q4 25
89.4%
11.6%
Q3 25
19.3%
-4.0%
Q2 25
19.1%
-13.7%
Q1 25
38.3%
0.4%
Q4 24
95.5%
17.0%
Q3 24
23.5%
-10.1%
Q2 24
21.2%
-0.3%
Capex Intensity
ELS
ELS
MTW
MTW
Q1 26
Q4 25
63.4%
1.9%
Q3 25
18.1%
1.4%
Q2 25
15.8%
1.1%
Q1 25
11.7%
2.3%
Q4 24
64.8%
1.9%
Q3 24
15.1%
1.8%
Q2 24
16.5%
2.3%
Cash Conversion
ELS
ELS
MTW
MTW
Q1 26
Q4 25
5.50×
13.01×
Q3 25
1.46×
-2.82×
Q2 25
1.57×
-45.13×
Q1 25
1.69×
Q4 24
5.93×
1.98×
Q3 24
1.72×
Q2 24
1.74×
6.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELS
ELS

Rental income$339.0M85%
Other$37.2M9%
Annual membership subscriptions$18.3M5%
Membership upgrade revenue$3.1M1%

MTW
MTW

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

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