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

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $375.3M, roughly 1.8× ROYAL GOLD INC). ROYAL GOLD INC runs the higher net margin — 24.9% vs 1.0%, a 23.9% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 13.6%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% 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.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

MTW vs RGLD — Head-to-Head

Bigger by revenue
MTW
MTW
1.8× larger
MTW
$677.1M
$375.3M
RGLD
Growing faster (revenue YoY)
RGLD
RGLD
+71.7% gap
RGLD
85.3%
13.6%
MTW
Higher net margin
RGLD
RGLD
23.9% more per $
RGLD
24.9%
1.0%
MTW
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
16.9%
MTW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MTW
MTW
RGLD
RGLD
Revenue
$677.1M
$375.3M
Net Profit
$7.0M
$93.6M
Gross Margin
16.7%
64.6%
Operating Margin
3.0%
56.2%
Net Margin
1.0%
24.9%
Revenue YoY
13.6%
85.3%
Net Profit YoY
-87.7%
-12.8%
EPS (diluted)
$0.20
$1.04

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
RGLD
RGLD
Q4 25
$677.1M
$375.3M
Q3 25
$553.4M
$252.1M
Q2 25
$539.5M
$209.6M
Q1 25
$470.9M
$193.4M
Q4 24
$596.0M
$202.6M
Q3 24
$524.8M
$193.8M
Q2 24
$562.1M
$174.1M
Q1 24
$495.1M
$148.9M
Net Profit
MTW
MTW
RGLD
RGLD
Q4 25
$7.0M
$93.6M
Q3 25
$5.0M
$126.8M
Q2 25
$1.5M
$132.3M
Q1 25
$-6.3M
$113.5M
Q4 24
$56.7M
$107.4M
Q3 24
$-7.0M
$96.2M
Q2 24
$1.6M
$81.2M
Q1 24
$4.5M
$47.2M
Gross Margin
MTW
MTW
RGLD
RGLD
Q4 25
16.7%
64.6%
Q3 25
18.5%
73.6%
Q2 25
18.4%
72.6%
Q1 25
19.1%
69.4%
Q4 24
16.0%
70.3%
Q3 24
16.7%
66.6%
Q2 24
17.7%
64.7%
Q1 24
18.7%
58.4%
Operating Margin
MTW
MTW
RGLD
RGLD
Q4 25
3.0%
56.2%
Q3 25
3.3%
64.4%
Q2 25
1.8%
67.7%
Q1 25
1.1%
63.6%
Q4 24
2.7%
65.9%
Q3 24
1.4%
61.3%
Q2 24
2.3%
58.6%
Q1 24
3.1%
50.7%
Net Margin
MTW
MTW
RGLD
RGLD
Q4 25
1.0%
24.9%
Q3 25
0.9%
50.3%
Q2 25
0.3%
63.1%
Q1 25
-1.3%
58.7%
Q4 24
9.5%
53.0%
Q3 24
-1.3%
49.7%
Q2 24
0.3%
46.6%
Q1 24
0.9%
31.7%
EPS (diluted)
MTW
MTW
RGLD
RGLD
Q4 25
$0.20
$1.04
Q3 25
$0.14
$1.92
Q2 25
$0.04
$2.01
Q1 25
$-0.18
$1.72
Q4 24
$1.60
$1.63
Q3 24
$-0.20
$1.46
Q2 24
$0.04
$1.23
Q1 24
$0.12
$0.72

Balance Sheet & Financial Strength

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

Metric
MTW
MTW
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$77.3M
$233.7M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$695.2M
$7.2B
Total Assets
$1.8B
$9.5B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTW
MTW
RGLD
RGLD
Q4 25
$77.3M
$233.7M
Q3 25
$39.7M
$172.8M
Q2 25
$32.9M
$248.2M
Q1 25
$41.4M
$240.8M
Q4 24
$48.0M
$195.5M
Q3 24
$22.9M
$127.9M
Q2 24
$38.1M
$74.2M
Q1 24
$31.5M
$137.9M
Total Debt
MTW
MTW
RGLD
RGLD
Q4 25
$447.1M
Q3 25
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$377.1M
Q3 24
$426.7M
$0
Q2 24
$406.3M
$50.0M
Q1 24
$372.7M
Stockholders' Equity
MTW
MTW
RGLD
RGLD
Q4 25
$695.2M
$7.2B
Q3 25
$682.7M
$3.4B
Q2 25
$681.3M
$3.3B
Q1 25
$651.6M
$3.2B
Q4 24
$640.1M
$3.1B
Q3 24
$607.6M
$3.0B
Q2 24
$592.3M
$3.0B
Q1 24
$596.0M
$2.9B
Total Assets
MTW
MTW
RGLD
RGLD
Q4 25
$1.8B
$9.5B
Q3 25
$1.9B
$4.5B
Q2 25
$1.9B
$3.6B
Q1 25
$1.8B
$3.5B
Q4 24
$1.7B
$3.4B
Q3 24
$1.8B
$3.3B
Q2 24
$1.7B
$3.3B
Q1 24
$1.8B
$3.3B
Debt / Equity
MTW
MTW
RGLD
RGLD
Q4 25
0.64×
Q3 25
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
0.59×
Q3 24
0.70×
0.00×
Q2 24
0.69×
0.02×
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
RGLD
RGLD
Operating Cash FlowLast quarter
$91.1M
$241.7M
Free Cash FlowOCF − Capex
$78.3M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
13.01×
2.58×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTW
MTW
RGLD
RGLD
Q4 25
$91.1M
$241.7M
Q3 25
$-14.1M
$174.0M
Q2 25
$-67.7M
$152.8M
Q1 25
$12.9M
$136.4M
Q4 24
$112.4M
$141.1M
Q3 24
$-43.6M
$136.7M
Q2 24
$11.0M
$113.5M
Q1 24
$-30.6M
$138.3M
Free Cash Flow
MTW
MTW
RGLD
RGLD
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
RGLD
RGLD
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
RGLD
RGLD
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
RGLD
RGLD
Q4 25
13.01×
2.58×
Q3 25
-2.82×
1.37×
Q2 25
-45.13×
1.15×
Q1 25
1.20×
Q4 24
1.98×
1.31×
Q3 24
1.42×
Q2 24
6.88×
1.40×
Q1 24
-6.80×
2.93×

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%

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

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