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MTW (Manitowoc Co) Degree of Operating Leverage : 17.17 (As of Mar. 2025)


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What is Manitowoc Co Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Manitowoc Co's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 17.17. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Manitowoc Co's Degree of Operating Leverage or its related term are showing as below:

MTW's Degree of Operating Leverage is ranked worse than
90.78% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.405 vs MTW: 17.17

Manitowoc Co Degree of Operating Leverage Historical Data

The historical data trend for Manitowoc Co's Degree of Operating Leverage 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 Degree of Operating Leverage Chart

Manitowoc Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 3.64 -16.12 -19.58 16.10

Manitowoc Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage 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 -28.92 288.68 48.19 16.10 17.17

Competitive Comparison of Manitowoc Co's Degree of Operating Leverage

For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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's Degree of Operating Leverage Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Manitowoc Co's Degree of Operating Leverage falls into.


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Manitowoc Co Degree of Operating Leverage Calculation

Manitowoc Co's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 34.3 (Mar. 2025) / 64.9 (Mar. 2024) - 1 )/( 2153.8 (Mar. 2025) / 2214.6 (Mar. 2024) - 1 )
=-0.4715/-0.0275
=17.17***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Manitowoc Co  (NYSE:MTW) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Manitowoc Co Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Manitowoc Co's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


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 generates the majority of the revenue for the company.
Executives
Brian P Regan officer: VP, Corporate Controller & PAO THE MANITOWOC COMPANY INC 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
James Steele Cook officer: EVP, Human Resources 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
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
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
Leslie L. Middleton officer: EVP Mobile Cranes THE MANITOWOC COMPANY, INC., ONE PARK PLAZA, 11270 W PARK PL STE 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
Robert G Bohn director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
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