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

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $613.5M, roughly 1.1× Tyler Technologies). Tyler Technologies runs the higher net margin — 13.2% vs 1.0%, a 12.2% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs 8.6%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $2.0M). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 6.5%).

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.

Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

MTW vs TYL — Head-to-Head

Bigger by revenue
MTW
MTW
1.1× larger
MTW
$677.1M
$613.5M
TYL
Growing faster (revenue YoY)
MTW
MTW
+5.1% gap
MTW
13.6%
8.6%
TYL
Higher net margin
TYL
TYL
12.2% more per $
TYL
13.2%
1.0%
MTW
More free cash flow
MTW
MTW
$76.3M more FCF
MTW
$78.3M
$2.0M
TYL
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
6.5%
TYL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MTW
MTW
TYL
TYL
Revenue
$677.1M
$613.5M
Net Profit
$7.0M
$81.2M
Gross Margin
16.7%
48.3%
Operating Margin
3.0%
16.3%
Net Margin
1.0%
13.2%
Revenue YoY
13.6%
8.6%
Net Profit YoY
-87.7%
EPS (diluted)
$0.20
$1.88

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
TYL
TYL
Q1 26
$613.5M
Q4 25
$677.1M
$575.2M
Q3 25
$553.4M
$595.9M
Q2 25
$539.5M
$596.1M
Q1 25
$470.9M
$565.2M
Q4 24
$596.0M
$541.1M
Q3 24
$524.8M
$543.3M
Q2 24
$562.1M
$541.0M
Net Profit
MTW
MTW
TYL
TYL
Q1 26
$81.2M
Q4 25
$7.0M
$65.5M
Q3 25
$5.0M
$84.4M
Q2 25
$1.5M
$84.6M
Q1 25
$-6.3M
$81.1M
Q4 24
$56.7M
$65.2M
Q3 24
$-7.0M
$75.9M
Q2 24
$1.6M
$67.7M
Gross Margin
MTW
MTW
TYL
TYL
Q1 26
48.3%
Q4 25
16.7%
45.5%
Q3 25
18.5%
47.2%
Q2 25
18.4%
45.8%
Q1 25
19.1%
47.3%
Q4 24
16.0%
43.8%
Q3 24
16.7%
43.7%
Q2 24
17.7%
44.0%
Operating Margin
MTW
MTW
TYL
TYL
Q1 26
16.3%
Q4 25
3.0%
13.0%
Q3 25
3.3%
16.4%
Q2 25
1.8%
16.0%
Q1 25
1.1%
15.8%
Q4 24
2.7%
13.2%
Q3 24
1.4%
15.2%
Q2 24
2.3%
14.4%
Net Margin
MTW
MTW
TYL
TYL
Q1 26
13.2%
Q4 25
1.0%
11.4%
Q3 25
0.9%
14.2%
Q2 25
0.3%
14.2%
Q1 25
-1.3%
14.3%
Q4 24
9.5%
12.1%
Q3 24
-1.3%
14.0%
Q2 24
0.3%
12.5%
EPS (diluted)
MTW
MTW
TYL
TYL
Q1 26
$1.88
Q4 25
$0.20
$1.50
Q3 25
$0.14
$1.93
Q2 25
$0.04
$1.93
Q1 25
$-0.18
$1.84
Q4 24
$1.60
$1.48
Q3 24
$-0.20
$1.74
Q2 24
$0.04
$1.57

Balance Sheet & Financial Strength

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

Metric
MTW
MTW
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$77.3M
$346.4M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$695.2M
$3.6B
Total Assets
$1.8B
$4.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTW
MTW
TYL
TYL
Q1 26
$346.4M
Q4 25
$77.3M
$1.1B
Q3 25
$39.7M
$950.8M
Q2 25
$32.9M
$892.3M
Q1 25
$41.4M
$807.4M
Q4 24
$48.0M
$768.0M
Q3 24
$22.9M
$544.3M
Q2 24
$38.1M
$258.0M
Total Debt
MTW
MTW
TYL
TYL
Q1 26
Q4 25
$447.1M
$599.7M
Q3 25
$479.9M
$599.2M
Q2 25
$459.8M
$598.8M
Q1 25
$381.4M
$598.4M
Q4 24
$377.1M
$597.9M
Q3 24
$426.7M
$597.5M
Q2 24
$406.3M
$597.1M
Stockholders' Equity
MTW
MTW
TYL
TYL
Q1 26
$3.6B
Q4 25
$695.2M
$3.7B
Q3 25
$682.7M
$3.6B
Q2 25
$681.3M
$3.6B
Q1 25
$651.6M
$3.5B
Q4 24
$640.1M
$3.4B
Q3 24
$607.6M
$3.3B
Q2 24
$592.3M
$3.1B
Total Assets
MTW
MTW
TYL
TYL
Q1 26
$4.8B
Q4 25
$1.8B
$5.6B
Q3 25
$1.9B
$5.5B
Q2 25
$1.9B
$5.4B
Q1 25
$1.8B
$5.2B
Q4 24
$1.7B
$5.2B
Q3 24
$1.8B
$5.0B
Q2 24
$1.7B
$4.8B
Debt / Equity
MTW
MTW
TYL
TYL
Q1 26
Q4 25
0.64×
0.16×
Q3 25
0.70×
0.17×
Q2 25
0.67×
0.16×
Q1 25
0.59×
0.17×
Q4 24
0.59×
0.18×
Q3 24
0.70×
0.18×
Q2 24
0.69×
0.19×

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
TYL
TYL
Operating Cash FlowLast quarter
$91.1M
$107.3M
Free Cash FlowOCF − Capex
$78.3M
$2.0M
FCF MarginFCF / Revenue
11.6%
0.3%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
13.01×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTW
MTW
TYL
TYL
Q1 26
$107.3M
Q4 25
$91.1M
$243.9M
Q3 25
$-14.1M
$255.2M
Q2 25
$-67.7M
$98.3M
Q1 25
$12.9M
$56.2M
Q4 24
$112.4M
$224.8M
Q3 24
$-43.6M
$263.7M
Q2 24
$11.0M
$64.3M
Free Cash Flow
MTW
MTW
TYL
TYL
Q1 26
$2.0M
Q4 25
$78.3M
$239.6M
Q3 25
$-22.0M
$251.3M
Q2 25
$-73.7M
$92.8M
Q1 25
$2.1M
$53.8M
Q4 24
$101.1M
$221.0M
Q3 24
$-52.9M
$260.8M
Q2 24
$-1.9M
$57.7M
FCF Margin
MTW
MTW
TYL
TYL
Q1 26
0.3%
Q4 25
11.6%
41.7%
Q3 25
-4.0%
42.2%
Q2 25
-13.7%
15.6%
Q1 25
0.4%
9.5%
Q4 24
17.0%
40.8%
Q3 24
-10.1%
48.0%
Q2 24
-0.3%
10.7%
Capex Intensity
MTW
MTW
TYL
TYL
Q1 26
Q4 25
1.9%
0.8%
Q3 25
1.4%
0.7%
Q2 25
1.1%
0.9%
Q1 25
2.3%
0.4%
Q4 24
1.9%
0.7%
Q3 24
1.8%
0.5%
Q2 24
2.3%
1.2%
Cash Conversion
MTW
MTW
TYL
TYL
Q1 26
1.32×
Q4 25
13.01×
3.72×
Q3 25
-2.82×
3.02×
Q2 25
-45.13×
1.16×
Q1 25
0.69×
Q4 24
1.98×
3.45×
Q3 24
3.47×
Q2 24
6.88×
0.95×

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%

TYL
TYL

Subscriptions$429.7M70%
Maintenance$108.9M18%
Other$74.9M12%

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