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MANITOWOC CO INC（MTW）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
MANITOWOC CO INC的季度营收约是通用动力的3.7倍（$677.1M vs $184.5M）。通用动力净利率更高（7.0% vs 1.0%，领先5.9%）。通用动力同比增速更快（28.6% vs 13.6%）。通用动力自由现金流更多（$92.8M vs $78.3M）。过去两年通用动力的营收复合增速更高（38.9% vs 16.9%）
马尼托瓦克公司是一家美国工程机械制造企业，创立于1902年，核心产品为起重机械，历史上曾生产商用制冷设备与船舶设备。公司通过全资子公司，围绕Grove、马尼托瓦克、Potain等多个品牌，设计、生产、销售移动式伸缩臂起重机、塔式起重机、履带式起重机等设备，并提供相关售后服务支持。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
MTW vs PLOW — 直观对比
营收规模更大
MTW
是对方的3.7倍
$184.5M
营收增速更快
PLOW
高出14.9%
13.6%
净利率更高
PLOW
高出5.9%
1.0%
自由现金流更多
PLOW
多$14.5M
$78.3M
两年增速更快
PLOW
近两年复合增速
16.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $677.1M | $184.5M |
| 净利润 | $7.0M | $12.8M |
| 毛利率 | 16.7% | 26.1% |
| 营业利润率 | 3.0% | 10.5% |
| 净利率 | 1.0% | 7.0% |
| 营收同比 | 13.6% | 28.6% |
| 净利润同比 | -87.7% | 62.3% |
| 每股收益（稀释后） | $0.20 | $0.54 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MTWPLOW
| Q4 25 | $677.1M | $184.5M | ||
| Q3 25 | $553.4M | $162.1M | ||
| Q2 25 | $539.5M | $194.3M | ||
| Q1 25 | $470.9M | $115.1M | ||
| Q4 24 | $596.0M | $143.5M | ||
| Q3 24 | $524.8M | $129.4M | ||
| Q2 24 | $562.1M | $199.9M | ||
| Q1 24 | $495.1M | $95.7M |
净利润MTWPLOW
| Q4 25 | $7.0M | $12.8M | ||
| Q3 25 | $5.0M | $8.0M | ||
| Q2 25 | $1.5M | $26.0M | ||
| Q1 25 | $-6.3M | $148.0K | ||
| Q4 24 | $56.7M | $7.9M | ||
| Q3 24 | $-7.0M | $32.3M | ||
| Q2 24 | $1.6M | $24.3M | ||
| Q1 24 | $4.5M | $-8.4M |
毛利率MTWPLOW
| Q4 25 | 16.7% | 26.1% | ||
| Q3 25 | 18.5% | 23.5% | ||
| Q2 25 | 18.4% | 31.0% | ||
| Q1 25 | 19.1% | 24.5% | ||
| Q4 24 | 16.0% | 24.9% | ||
| Q3 24 | 16.7% | 23.9% | ||
| Q2 24 | 17.7% | 30.7% | ||
| Q1 24 | 18.7% | 19.8% |
营业利润率MTWPLOW
| Q4 25 | 3.0% | 10.5% | ||
| Q3 25 | 3.3% | 8.7% | ||
| Q2 25 | 1.8% | 19.0% | ||
| Q1 25 | 1.1% | 2.8% | ||
| Q4 24 | 2.7% | 9.0% | ||
| Q3 24 | 1.4% | 35.4% | ||
| Q2 24 | 2.3% | 18.2% | ||
| Q1 24 | 3.1% | -6.7% |
净利率MTWPLOW
| Q4 25 | 1.0% | 7.0% | ||
| Q3 25 | 0.9% | 4.9% | ||
| Q2 25 | 0.3% | 13.4% | ||
| Q1 25 | -1.3% | 0.1% | ||
| Q4 24 | 9.5% | 5.5% | ||
| Q3 24 | -1.3% | 24.9% | ||
| Q2 24 | 0.3% | 12.2% | ||
| Q1 24 | 0.9% | -8.7% |
每股收益（稀释后）MTWPLOW
| Q4 25 | $0.20 | $0.54 | ||
| Q3 25 | $0.14 | $0.33 | ||
| Q2 25 | $0.04 | $1.09 | ||
| Q1 25 | $-0.18 | $0.00 | ||
| Q4 24 | $1.60 | $0.35 | ||
| Q3 24 | $-0.20 | $1.36 | ||
| Q2 24 | $0.04 | $1.02 | ||
| Q1 24 | $0.12 | $-0.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $77.3M | — |
| 总债务越低越好 | $447.1M | $144.0M |
| 股东权益账面价值 | $695.2M | $281.4M |
| 总资产 | $1.8B | $626.7M |
| 负债/权益比越低杠杆越低 | 0.64× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资MTWPLOW
| Q4 25 | $77.3M | — | ||
| Q3 25 | $39.7M | — | ||
| Q2 25 | $32.9M | — | ||
| Q1 25 | $41.4M | — | ||
| Q4 24 | $48.0M | — | ||
| Q3 24 | $22.9M | — | ||
| Q2 24 | $38.1M | — | ||
| Q1 24 | $31.5M | — |
总债务MTWPLOW
| Q4 25 | $447.1M | $144.0M | ||
| Q3 25 | $479.9M | — | ||
| Q2 25 | $459.8M | — | ||
| Q1 25 | $381.4M | — | ||
| Q4 24 | $377.1M | $147.5M | ||
| Q3 24 | $426.7M | — | ||
| Q2 24 | $406.3M | — | ||
| Q1 24 | $372.7M | — |
股东权益MTWPLOW
| Q4 25 | $695.2M | $281.4M | ||
| Q3 25 | $682.7M | $275.3M | ||
| Q2 25 | $681.3M | $273.3M | ||
| Q1 25 | $651.6M | $258.9M | ||
| Q4 24 | $640.1M | $264.2M | ||
| Q3 24 | $607.6M | $260.8M | ||
| Q2 24 | $592.3M | $236.7M | ||
| Q1 24 | $596.0M | $217.2M |
总资产MTWPLOW
| Q4 25 | $1.8B | $626.7M | ||
| Q3 25 | $1.9B | $694.9M | ||
| Q2 25 | $1.9B | $671.5M | ||
| Q1 25 | $1.8B | $621.0M | ||
| Q4 24 | $1.7B | $590.0M | ||
| Q3 24 | $1.8B | $665.6M | ||
| Q2 24 | $1.7B | $617.0M | ||
| Q1 24 | $1.8B | $577.1M |
负债/权益比MTWPLOW
| Q4 25 | 0.64× | 0.51× | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.59× | 0.56× | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 0.63× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $91.1M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $78.3M | $92.8M |
| 自由现金流率自由现金流/营收 | 11.6% | 50.3% |
| 资本支出强度资本支出/营收 | 1.9% | 1.7% |
| 现金转化率经营现金流/净利润 | 13.01× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $-15.3M | $63.6M |
8季度趋势，按日历期对齐
经营现金流MTWPLOW
| Q4 25 | $91.1M | $95.9M | ||
| Q3 25 | $-14.1M | $-8.5M | ||
| Q2 25 | $-67.7M | $-11.4M | ||
| Q1 25 | $12.9M | $-1.3M | ||
| Q4 24 | $112.4M | $74.4M | ||
| Q3 24 | $-43.6M | $-14.2M | ||
| Q2 24 | $11.0M | $2.5M | ||
| Q1 24 | $-30.6M | $-21.6M |
自由现金流MTWPLOW
| Q4 25 | $78.3M | $92.8M | ||
| Q3 25 | $-22.0M | $-11.4M | ||
| Q2 25 | $-73.7M | $-14.3M | ||
| Q1 25 | $2.1M | $-3.5M | ||
| Q4 24 | $101.1M | $70.2M | ||
| Q3 24 | $-52.9M | $-15.2M | ||
| Q2 24 | $-1.9M | $836.0K | ||
| Q1 24 | $-42.8M | $-22.4M |
自由现金流率MTWPLOW
| Q4 25 | 11.6% | 50.3% | ||
| Q3 25 | -4.0% | -7.1% | ||
| Q2 25 | -13.7% | -7.4% | ||
| Q1 25 | 0.4% | -3.0% | ||
| Q4 24 | 17.0% | 48.9% | ||
| Q3 24 | -10.1% | -11.8% | ||
| Q2 24 | -0.3% | 0.4% | ||
| Q1 24 | -8.6% | -23.4% |
资本支出强度MTWPLOW
| Q4 25 | 1.9% | 1.7% | ||
| Q3 25 | 1.4% | 1.8% | ||
| Q2 25 | 1.1% | 1.5% | ||
| Q1 25 | 2.3% | 1.9% | ||
| Q4 24 | 1.9% | 2.9% | ||
| Q3 24 | 1.8% | 0.8% | ||
| Q2 24 | 2.3% | 0.8% | ||
| Q1 24 | 2.5% | 0.8% |
现金转化率MTWPLOW
| Q4 25 | 13.01× | 7.47× | ||
| Q3 25 | -2.82× | -1.07× | ||
| Q2 25 | -45.13× | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | 1.98× | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | 6.88× | 0.10× | ||
| Q1 24 | -6.80× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MTW
| US | $344.5M | 51% |
| Europe | $193.8M | 29% |
| Other Countries | $138.8M | 20% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
