Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Manitowoc CoMTW +32.37%63 Debt-to-Equity is 0.74 as of Jun. 2026, which is 16% above its 10-year median of 0.64. GuruFocus rates MTW with a GF Score™ of 63/100 and a GF Value™ of $12.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 185 Farm & Heavy Construction Machinery companies, Manitowoc Co ranks worse than 74.59% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Manitowoc Co's Debt-to-Equity or its related term are showing as below:
MTW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.64 Max: 0.84
Current: 0.74
During the past 13 years, the highest Debt-to-Equity Ratio of Manitowoc Co was 0.84. The lowest was 0.40. And the median was 0.64.
MTW's Debt-to-Equity is ranked worse than 74.59% of 185
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.36
vs MTW: 0.74
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Manitowoc Co Debt-to-Equity Related Terms
Manitowoc Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Manitowoc Co's Debt-to-Equity 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.
For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manitowoc Co Debt-to-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Manitowoc Co's Debt-to-Equity falls into.
* 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 (MTW) has a Debt-to-Equity of 0.74 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Manitowoc Co and its competitors. This is 16% above median its historical median of 0.64. Over the past decade, Manitowoc Co's Debt-to-Equity has ranged from 0.40 to 0.84. According to the industry distribution chart, Manitowoc Co ranks #138 out of 185 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 74.6%.
Is Manitowoc Co's Debt-to-Equity too high?
Manitowoc Co's current Debt-to-Equity of 0.74 is 16% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.84. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.36. Manitowoc Co's value of 0.74 is 105.6% above this industry median. Based on the distribution chart, Manitowoc Co ranks #138 out of 185 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Manitowoc Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manitowoc Co's Debt-to-Equity compare to TWI and WNC?
According to the Farm & Heavy Construction Machinery industry distribution chart, Manitowoc Co ranks #138 out of 185 companies for Debt-to-Equity. This places Manitowoc Co in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Manitowoc Co's value of 0.74 is 105.6% above this benchmark. Historically, Manitowoc Co's own Debt-to-Equity has ranged from 0.40 to 0.84 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.36, Manitowoc Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manitowoc Co's current Debt-to-Equity of 0.74 is 105.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Manitowoc Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manitowoc Co's current Debt-to-Equity is 0.74, which is 16% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitowoc Co stock overvalued right now?
Based on GuruFocus' analysis, Manitowoc Co (MTW) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.40, compared to a current price of $18.81 — trading 51.7% above its estimated fair value. The current Debt-to-Equity is 0.74, which is 16% above median its 10-year median of 0.64 and 105.6% above the Farm & Heavy Construction Machinery industry median of 0.36. Manitowoc Co's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Manitowoc Co (MTW), the current Debt-to-Equity is 0.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manitowoc Co (MTW) Overvalued in 2026?
Based on GuruFocus' analysis, Manitowoc Co stock appears to be overvalued.
The current stock price of $18.81 is trading 51.7% above its estimated GF Value™ of $12.40.
GuruFocus considers Manitowoc Co to be Significantly Overvalued.
Key valuation signals for MTW:
Debt-to-Equity: 0.74 (16% above median its 10-year median of 0.64)
GF Value™: $12.40 vs. price of $18.81 (51.7% above fair value)
Industry Position: 105.6% above the Farm & Heavy Construction Machinery median (#138 of 185)
No single metric tells the full story. See the MTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 generates the majority of the revenue for the company.
63GF Score
Get the complete analysis for MTW
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MTW has been successfully added to your 
