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

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $385.4M, roughly 1.8× Penumbra Inc). Penumbra Inc runs the higher net margin — 12.3% vs 1.0%, a 11.3% gap on every dollar of revenue. On growth, Penumbra Inc posted the faster year-over-year revenue change (22.1% vs 13.6%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $68.0M). Over the past eight quarters, Penumbra Inc's revenue compounded faster (17.6% CAGR vs 16.9%).

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.

Penumbra, Inc. is an American medical device company headquartered in Alameda, California. The company was founded by Arani Bose and Adam Elsesser in 2004. It manufactures devices for interventional therapies to treat vascular conditions such as stroke and aneurysm.

MTW vs PEN — Head-to-Head

Bigger by revenue
MTW
MTW
1.8× larger
MTW
$677.1M
$385.4M
PEN
Growing faster (revenue YoY)
PEN
PEN
+8.5% gap
PEN
22.1%
13.6%
MTW
Higher net margin
PEN
PEN
11.3% more per $
PEN
12.3%
1.0%
MTW
More free cash flow
MTW
MTW
$10.3M more FCF
MTW
$78.3M
$68.0M
PEN
Faster 2-yr revenue CAGR
PEN
PEN
Annualised
PEN
17.6%
16.9%
MTW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MTW
MTW
PEN
PEN
Revenue
$677.1M
$385.4M
Net Profit
$7.0M
$47.3M
Gross Margin
16.7%
68.0%
Operating Margin
3.0%
15.4%
Net Margin
1.0%
12.3%
Revenue YoY
13.6%
22.1%
Net Profit YoY
-87.7%
40.6%
EPS (diluted)
$0.20
$1.20

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
MTW
MTW
PEN
PEN
Q4 25
$677.1M
$385.4M
Q3 25
$553.4M
$354.7M
Q2 25
$539.5M
$339.5M
Q1 25
$470.9M
$324.1M
Q4 24
$596.0M
$315.5M
Q3 24
$524.8M
$301.0M
Q2 24
$562.1M
$299.4M
Q1 24
$495.1M
$278.7M
Net Profit
MTW
MTW
PEN
PEN
Q4 25
$7.0M
$47.3M
Q3 25
$5.0M
$45.9M
Q2 25
$1.5M
$45.3M
Q1 25
$-6.3M
$39.2M
Q4 24
$56.7M
$33.7M
Q3 24
$-7.0M
$29.5M
Q2 24
$1.6M
$-60.2M
Q1 24
$4.5M
$11.0M
Gross Margin
MTW
MTW
PEN
PEN
Q4 25
16.7%
68.0%
Q3 25
18.5%
67.8%
Q2 25
18.4%
66.0%
Q1 25
19.1%
66.6%
Q4 24
16.0%
66.8%
Q3 24
16.7%
66.5%
Q2 24
17.7%
54.4%
Q1 24
18.7%
65.0%
Operating Margin
MTW
MTW
PEN
PEN
Q4 25
3.0%
15.4%
Q3 25
3.3%
13.8%
Q2 25
1.8%
12.0%
Q1 25
1.1%
12.4%
Q4 24
2.7%
13.6%
Q3 24
1.4%
11.7%
Q2 24
2.3%
-27.0%
Q1 24
3.1%
4.3%
Net Margin
MTW
MTW
PEN
PEN
Q4 25
1.0%
12.3%
Q3 25
0.9%
12.9%
Q2 25
0.3%
13.3%
Q1 25
-1.3%
12.1%
Q4 24
9.5%
10.7%
Q3 24
-1.3%
9.8%
Q2 24
0.3%
-20.1%
Q1 24
0.9%
3.9%
EPS (diluted)
MTW
MTW
PEN
PEN
Q4 25
$0.20
$1.20
Q3 25
$0.14
$1.17
Q2 25
$0.04
$1.15
Q1 25
$-0.18
$1.00
Q4 24
$1.60
$0.88
Q3 24
$-0.20
$0.75
Q2 24
$0.04
$-1.55
Q1 24
$0.12
$0.28

Balance Sheet & Financial Strength

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

Metric
MTW
MTW
PEN
PEN
Cash + ST InvestmentsLiquidity on hand
$77.3M
$186.9M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$695.2M
$1.4B
Total Assets
$1.8B
$1.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTW
MTW
PEN
PEN
Q4 25
$77.3M
$186.9M
Q3 25
$39.7M
$321.0M
Q2 25
$32.9M
$421.8M
Q1 25
$41.4M
$376.1M
Q4 24
$48.0M
$324.4M
Q3 24
$22.9M
$280.5M
Q2 24
$38.1M
$288.3M
Q1 24
$31.5M
$223.1M
Total Debt
MTW
MTW
PEN
PEN
Q4 25
$447.1M
Q3 25
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$377.1M
Q3 24
$426.7M
Q2 24
$406.3M
Q1 24
$372.7M
Stockholders' Equity
MTW
MTW
PEN
PEN
Q4 25
$695.2M
$1.4B
Q3 25
$682.7M
$1.4B
Q2 25
$681.3M
$1.3B
Q1 25
$651.6M
$1.2B
Q4 24
$640.1M
$1.2B
Q3 24
$607.6M
$1.1B
Q2 24
$592.3M
$1.2B
Q1 24
$596.0M
$1.2B
Total Assets
MTW
MTW
PEN
PEN
Q4 25
$1.8B
$1.8B
Q3 25
$1.9B
$1.7B
Q2 25
$1.9B
$1.7B
Q1 25
$1.8B
$1.6B
Q4 24
$1.7B
$1.5B
Q3 24
$1.8B
$1.5B
Q2 24
$1.7B
$1.5B
Q1 24
$1.8B
$1.6B
Debt / Equity
MTW
MTW
PEN
PEN
Q4 25
0.64×
Q3 25
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
0.59×
Q3 24
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
MTW
MTW
PEN
PEN
Operating Cash FlowLast quarter
$91.1M
$86.5M
Free Cash FlowOCF − Capex
$78.3M
$68.0M
FCF MarginFCF / Revenue
11.6%
17.7%
Capex IntensityCapex / Revenue
1.9%
4.8%
Cash ConversionOCF / Net Profit
13.01×
1.83×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M
$174.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTW
MTW
PEN
PEN
Q4 25
$91.1M
$86.5M
Q3 25
$-14.1M
$58.3M
Q2 25
$-67.7M
$44.9M
Q1 25
$12.9M
$49.0M
Q4 24
$112.4M
$51.1M
Q3 24
$-43.6M
$56.5M
Q2 24
$11.0M
$22.6M
Q1 24
$-30.6M
$38.3M
Free Cash Flow
MTW
MTW
PEN
PEN
Q4 25
$78.3M
$68.0M
Q3 25
$-22.0M
$42.0M
Q2 25
$-73.7M
$29.4M
Q1 25
$2.1M
$35.5M
Q4 24
$101.1M
$45.7M
Q3 24
$-52.9M
$51.0M
Q2 24
$-1.9M
$18.1M
Q1 24
$-42.8M
$32.5M
FCF Margin
MTW
MTW
PEN
PEN
Q4 25
11.6%
17.7%
Q3 25
-4.0%
11.8%
Q2 25
-13.7%
8.7%
Q1 25
0.4%
11.0%
Q4 24
17.0%
14.5%
Q3 24
-10.1%
16.9%
Q2 24
-0.3%
6.0%
Q1 24
-8.6%
11.7%
Capex Intensity
MTW
MTW
PEN
PEN
Q4 25
1.9%
4.8%
Q3 25
1.4%
4.6%
Q2 25
1.1%
4.6%
Q1 25
2.3%
4.2%
Q4 24
1.9%
1.7%
Q3 24
1.8%
1.8%
Q2 24
2.3%
1.5%
Q1 24
2.5%
2.1%
Cash Conversion
MTW
MTW
PEN
PEN
Q4 25
13.01×
1.83×
Q3 25
-2.82×
1.27×
Q2 25
-45.13×
0.99×
Q1 25
1.25×
Q4 24
1.98×
1.52×
Q3 24
1.91×
Q2 24
6.88×
Q1 24
-6.80×
3.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTW
MTW

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

PEN
PEN

Thrombectomy$254.7M66%
Other$130.7M34%

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