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

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $614.8M, roughly 1.1× EPLUS INC). EPLUS INC runs the higher net margin — 5.7% vs 1.0%, a 4.7% gap on every dollar of revenue. On growth, EPLUS INC posted the faster year-over-year revenue change (20.3% vs 13.6%). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 2.3%).

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.

ePlus Inc.(Nasdaq: PLUS) is an American consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers.

MTW vs PLUS — Head-to-Head

Bigger by revenue
MTW
MTW
1.1× larger
MTW
$677.1M
$614.8M
PLUS
Growing faster (revenue YoY)
PLUS
PLUS
+6.7% gap
PLUS
20.3%
13.6%
MTW
Higher net margin
PLUS
PLUS
4.7% more per $
PLUS
5.7%
1.0%
MTW
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
2.3%
PLUS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MTW
MTW
PLUS
PLUS
Revenue
$677.1M
$614.8M
Net Profit
$7.0M
$35.1M
Gross Margin
16.7%
25.8%
Operating Margin
3.0%
7.1%
Net Margin
1.0%
5.7%
Revenue YoY
13.6%
20.3%
Net Profit YoY
-87.7%
45.2%
EPS (diluted)
$0.20
$1.33

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
PLUS
PLUS
Q4 25
$677.1M
$614.8M
Q3 25
$553.4M
$608.8M
Q2 25
$539.5M
$637.3M
Q1 25
$470.9M
Q4 24
$596.0M
$493.2M
Q3 24
$524.8M
$493.4M
Q2 24
$562.1M
$535.7M
Q1 24
$495.1M
Net Profit
MTW
MTW
PLUS
PLUS
Q4 25
$7.0M
$35.1M
Q3 25
$5.0M
$34.9M
Q2 25
$1.5M
$37.7M
Q1 25
$-6.3M
Q4 24
$56.7M
$24.1M
Q3 24
$-7.0M
$31.3M
Q2 24
$1.6M
$27.3M
Q1 24
$4.5M
Gross Margin
MTW
MTW
PLUS
PLUS
Q4 25
16.7%
25.8%
Q3 25
18.5%
26.6%
Q2 25
18.4%
23.3%
Q1 25
19.1%
Q4 24
16.0%
25.4%
Q3 24
16.7%
25.8%
Q2 24
17.7%
23.7%
Q1 24
18.7%
Operating Margin
MTW
MTW
PLUS
PLUS
Q4 25
3.0%
7.1%
Q3 25
3.3%
8.0%
Q2 25
1.8%
5.7%
Q1 25
1.1%
Q4 24
2.7%
3.3%
Q3 24
1.4%
5.5%
Q2 24
2.3%
5.9%
Q1 24
3.1%
Net Margin
MTW
MTW
PLUS
PLUS
Q4 25
1.0%
5.7%
Q3 25
0.9%
5.7%
Q2 25
0.3%
5.9%
Q1 25
-1.3%
Q4 24
9.5%
4.9%
Q3 24
-1.3%
6.3%
Q2 24
0.3%
5.1%
Q1 24
0.9%
EPS (diluted)
MTW
MTW
PLUS
PLUS
Q4 25
$0.20
$1.33
Q3 25
$0.14
$1.32
Q2 25
$0.04
$1.43
Q1 25
$-0.18
Q4 24
$1.60
$0.91
Q3 24
$-0.20
$1.17
Q2 24
$0.04
$1.02
Q1 24
$0.12

Balance Sheet & Financial Strength

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

Metric
MTW
MTW
PLUS
PLUS
Cash + ST InvestmentsLiquidity on hand
$77.3M
$326.3M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$695.2M
$1.1B
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
PLUS
PLUS
Q4 25
$77.3M
$326.3M
Q3 25
$39.7M
$402.2M
Q2 25
$32.9M
$480.2M
Q1 25
$41.4M
Q4 24
$48.0M
$253.1M
Q3 24
$22.9M
$187.5M
Q2 24
$38.1M
$349.9M
Q1 24
$31.5M
Total Debt
MTW
MTW
PLUS
PLUS
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
PLUS
PLUS
Q4 25
$695.2M
$1.1B
Q3 25
$682.7M
$1.0B
Q2 25
$681.3M
$1.0B
Q1 25
$651.6M
Q4 24
$640.1M
$962.3M
Q3 24
$607.6M
$947.0M
Q2 24
$592.3M
$921.9M
Q1 24
$596.0M
Total Assets
MTW
MTW
PLUS
PLUS
Q4 25
$1.8B
$1.8B
Q3 25
$1.9B
$1.8B
Q2 25
$1.9B
$1.8B
Q1 25
$1.8B
Q4 24
$1.7B
$1.8B
Q3 24
$1.8B
$1.7B
Q2 24
$1.7B
$1.7B
Q1 24
$1.8B
Debt / Equity
MTW
MTW
PLUS
PLUS
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
PLUS
PLUS
Operating Cash FlowLast quarter
$91.1M
$-87.4M
Free Cash FlowOCF − Capex
$78.3M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
13.01×
-2.49×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTW
MTW
PLUS
PLUS
Q4 25
$91.1M
$-87.4M
Q3 25
$-14.1M
$-34.8M
Q2 25
$-67.7M
$-99.0M
Q1 25
$12.9M
Q4 24
$112.4M
$65.7M
Q3 24
$-43.6M
$-21.6M
Q2 24
$11.0M
$97.1M
Q1 24
$-30.6M
Free Cash Flow
MTW
MTW
PLUS
PLUS
Q4 25
$78.3M
Q3 25
$-22.0M
Q2 25
$-73.7M
Q1 25
$2.1M
Q4 24
$101.1M
Q3 24
$-52.9M
Q2 24
$-1.9M
Q1 24
$-42.8M
FCF Margin
MTW
MTW
PLUS
PLUS
Q4 25
11.6%
Q3 25
-4.0%
Q2 25
-13.7%
Q1 25
0.4%
Q4 24
17.0%
Q3 24
-10.1%
Q2 24
-0.3%
Q1 24
-8.6%
Capex Intensity
MTW
MTW
PLUS
PLUS
Q4 25
1.9%
Q3 25
1.4%
Q2 25
1.1%
Q1 25
2.3%
Q4 24
1.9%
Q3 24
1.8%
Q2 24
2.3%
Q1 24
2.5%
Cash Conversion
MTW
MTW
PLUS
PLUS
Q4 25
13.01×
-2.49×
Q3 25
-2.82×
-1.00×
Q2 25
-45.13×
-2.63×
Q1 25
Q4 24
1.98×
2.72×
Q3 24
-0.69×
Q2 24
6.88×
3.55×
Q1 24
-6.80×

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%

PLUS
PLUS

All Others Customer End Market$107.0M17%
Technology Customer End Market$89.4M15%
Health Care Customer End Market$81.5M13%
Financial Services Customer End Market$66.1M11%
Professional Services Reporting Unit$64.1M10%
Security$61.1M10%
State And Local Government And Educational Institutions$59.9M10%
Managed Services Reporting Unit$48.8M8%
Other Product$21.1M3%
Collaboration$13.4M2%

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