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Manitowoc Co (Manitowoc Co) Net Income : $39 Mil (TTM As of Dec. 2023)


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What is Manitowoc Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Manitowoc Co's Net Income for the three months ended in Dec. 2023 was $-8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Manitowoc Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.22.


Manitowoc Co Net Income Historical Data

The historical data trend for Manitowoc Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manitowoc Co Net Income Chart

Manitowoc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.60 -19.10 11.00 -123.60 39.20

Manitowoc Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -144.10 16.50 20.20 10.40 -7.90

Manitowoc Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Manitowoc Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=44.2+-5+0+0
=39

Manitowoc Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.9+-6+0+0
=-8

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Manitowoc Co  (NYSE:MTW) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Manitowoc Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Manitowoc Co Net Income Related Terms

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Manitowoc Co (Manitowoc Co) Business Description

Traded in Other Exchanges
N/A
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.
Executives
Anne E Belec director C/O THE MANITOWOC COMPANY, INC., 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Jennifer L Peterson officer: EVP, Gen. Counsel & Secretary ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Steele Cook officer: EVP, Human Resources 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Ryan M Palmer officer: VP, Corporate Controller & POA 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
John Charles Pfeifer director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Aaron H. Ravenscroft officer: President & CEO ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Leslie L. Middleton officer: EVP Mobile Cranes THE MANITOWOC COMPANY, INC., ONE PARK PLAZA, 11270 W PARK PL STE 1000, MILWAUKEE WI 53224
Brian P Regan officer: VP, Corporate Controller & PAO THE MANITOWOC COMPANY INC ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kenneth W Krueger director
Robert W Malone director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Amy Rochelle Davis director 500 JACKSON STREET, COLUMBUS IN 47201
Terrance L Collins officer: EVP Human Resources C/O ZEBRA TECHNOLOGIES CORPORATION, 475 HALF DAY ROAD, SUITE 500, LINCOLNSHIRE IL 60069
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Condon Donald Marion Jr director 2801 POAST OAK BLVD., SUITE 600, HOUSTON TX 77056