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Side-by-side financial comparison of MASIMO CORP (MASI) 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 $371.5M, roughly 1.8× MASIMO CORP). MANITOWOC CO INC runs the higher net margin — 1.0% vs -27.0%, a 28.1% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs -26.4%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $50.9M). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs -17.7%).

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

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.

MASI vs MTW — Head-to-Head

Bigger by revenue
MTW
MTW
1.8× larger
MTW
$677.1M
$371.5M
MASI
Growing faster (revenue YoY)
MTW
MTW
+40.0% gap
MTW
13.6%
-26.4%
MASI
Higher net margin
MTW
MTW
28.1% more per $
MTW
1.0%
-27.0%
MASI
More free cash flow
MTW
MTW
$27.4M more FCF
MTW
$78.3M
$50.9M
MASI
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
-17.7%
MASI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MASI
MASI
MTW
MTW
Revenue
$371.5M
$677.1M
Net Profit
$-100.4M
$7.0M
Gross Margin
62.1%
16.7%
Operating Margin
22.5%
3.0%
Net Margin
-27.0%
1.0%
Revenue YoY
-26.4%
13.6%
Net Profit YoY
-1124.5%
-87.7%
EPS (diluted)
$-1.84
$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
MASI
MASI
MTW
MTW
Q4 25
$677.1M
Q3 25
$371.5M
$553.4M
Q2 25
$370.9M
$539.5M
Q1 25
$372.0M
$470.9M
Q4 24
$600.7M
$596.0M
Q3 24
$504.6M
$524.8M
Q2 24
$496.3M
$562.1M
Q1 24
$492.8M
$495.1M
Net Profit
MASI
MASI
MTW
MTW
Q4 25
$7.0M
Q3 25
$-100.4M
$5.0M
Q2 25
$51.3M
$1.5M
Q1 25
$-170.7M
$-6.3M
Q4 24
$-349.6M
$56.7M
Q3 24
$9.8M
$-7.0M
Q2 24
$16.0M
$1.6M
Q1 24
$18.9M
$4.5M
Gross Margin
MASI
MASI
MTW
MTW
Q4 25
16.7%
Q3 25
62.1%
18.5%
Q2 25
62.9%
18.4%
Q1 25
62.9%
19.1%
Q4 24
40.7%
16.0%
Q3 24
52.2%
16.7%
Q2 24
51.3%
17.7%
Q1 24
49.0%
18.7%
Operating Margin
MASI
MASI
MTW
MTW
Q4 25
3.0%
Q3 25
22.5%
3.3%
Q2 25
17.4%
1.8%
Q1 25
21.0%
1.1%
Q4 24
-59.8%
2.7%
Q3 24
6.0%
1.4%
Q2 24
5.7%
2.3%
Q1 24
6.9%
3.1%
Net Margin
MASI
MASI
MTW
MTW
Q4 25
1.0%
Q3 25
-27.0%
0.9%
Q2 25
13.8%
0.3%
Q1 25
-45.9%
-1.3%
Q4 24
-58.2%
9.5%
Q3 24
1.9%
-1.3%
Q2 24
3.2%
0.3%
Q1 24
3.8%
0.9%
EPS (diluted)
MASI
MASI
MTW
MTW
Q4 25
$0.20
Q3 25
$-1.84
$0.14
Q2 25
$0.94
$0.04
Q1 25
$-3.12
$-0.18
Q4 24
$-6.54
$1.60
Q3 24
$0.18
$-0.20
Q2 24
$0.29
$0.04
Q1 24
$0.35
$0.12

Balance Sheet & Financial Strength

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

Metric
MASI
MASI
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$312.3M
$77.3M
Total DebtLower is stronger
$559.1M
$447.1M
Stockholders' EquityBook value
$810.0M
$695.2M
Total Assets
$1.8B
$1.8B
Debt / EquityLower = less leverage
0.69×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MASI
MASI
MTW
MTW
Q4 25
$77.3M
Q3 25
$312.3M
$39.7M
Q2 25
$149.6M
$32.9M
Q1 25
$130.8M
$41.4M
Q4 24
$177.6M
$48.0M
Q3 24
$158.5M
$22.9M
Q2 24
$129.6M
$38.1M
Q1 24
$157.6M
$31.5M
Total Debt
MASI
MASI
MTW
MTW
Q4 25
$447.1M
Q3 25
$559.1M
$479.9M
Q2 25
$613.7M
$459.8M
Q1 25
$651.0M
$381.4M
Q4 24
$765.2M
$377.1M
Q3 24
$772.6M
$426.7M
Q2 24
$781.6M
$406.3M
Q1 24
$876.0M
$372.7M
Stockholders' Equity
MASI
MASI
MTW
MTW
Q4 25
$695.2M
Q3 25
$810.0M
$682.7M
Q2 25
$1.0B
$681.3M
Q1 25
$946.4M
$651.6M
Q4 24
$1.1B
$640.1M
Q3 24
$1.5B
$607.6M
Q2 24
$1.4B
$592.3M
Q1 24
$1.4B
$596.0M
Total Assets
MASI
MASI
MTW
MTW
Q4 25
$1.8B
Q3 25
$1.8B
$1.9B
Q2 25
$2.4B
$1.9B
Q1 25
$2.3B
$1.8B
Q4 24
$2.6B
$1.7B
Q3 24
$3.1B
$1.8B
Q2 24
$2.9B
$1.7B
Q1 24
$3.0B
$1.8B
Debt / Equity
MASI
MASI
MTW
MTW
Q4 25
0.64×
Q3 25
0.69×
0.70×
Q2 25
0.59×
0.67×
Q1 25
0.69×
0.59×
Q4 24
0.73×
0.59×
Q3 24
0.53×
0.70×
Q2 24
0.57×
0.69×
Q1 24
0.64×
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
MASI
MASI
MTW
MTW
Operating Cash FlowLast quarter
$56.8M
$91.1M
Free Cash FlowOCF − Capex
$50.9M
$78.3M
FCF MarginFCF / Revenue
13.7%
11.6%
Capex IntensityCapex / Revenue
1.6%
1.9%
Cash ConversionOCF / Net Profit
13.01×
TTM Free Cash FlowTrailing 4 quarters
$191.0M
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MASI
MASI
MTW
MTW
Q4 25
$91.1M
Q3 25
$56.8M
$-14.1M
Q2 25
$69.4M
$-67.7M
Q1 25
$31.1M
$12.9M
Q4 24
$50.5M
$112.4M
Q3 24
$25.6M
$-43.6M
Q2 24
$74.5M
$11.0M
Q1 24
$45.8M
$-30.6M
Free Cash Flow
MASI
MASI
MTW
MTW
Q4 25
$78.3M
Q3 25
$50.9M
$-22.0M
Q2 25
$65.6M
$-73.7M
Q1 25
$28.5M
$2.1M
Q4 24
$46.0M
$101.1M
Q3 24
$16.9M
$-52.9M
Q2 24
$66.9M
$-1.9M
Q1 24
$37.6M
$-42.8M
FCF Margin
MASI
MASI
MTW
MTW
Q4 25
11.6%
Q3 25
13.7%
-4.0%
Q2 25
17.7%
-13.7%
Q1 25
7.7%
0.4%
Q4 24
7.7%
17.0%
Q3 24
3.3%
-10.1%
Q2 24
13.5%
-0.3%
Q1 24
7.6%
-8.6%
Capex Intensity
MASI
MASI
MTW
MTW
Q4 25
1.9%
Q3 25
1.6%
1.4%
Q2 25
1.0%
1.1%
Q1 25
0.7%
2.3%
Q4 24
0.7%
1.9%
Q3 24
1.7%
1.8%
Q2 24
1.5%
2.3%
Q1 24
1.7%
2.5%
Cash Conversion
MASI
MASI
MTW
MTW
Q4 25
13.01×
Q3 25
-2.82×
Q2 25
1.35×
-45.13×
Q1 25
Q4 24
1.98×
Q3 24
2.61×
Q2 24
4.66×
6.88×
Q1 24
2.42×
-6.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MASI
MASI

Segment breakdown not available.

MTW
MTW

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

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