MTW (Manitowoc Co) Interest Coverage: 0.44 (As of Mar. 2026) — 73% Below Median


MTW Manitowoc Co Inc MTW
72 GF Score
Price $14.34
GF Value $12.57
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Manitowoc Co Interest Coverage?

Manitowoc Co MTW -0.83% 72 Interest Coverage is 0.44 as of Mar. 2026, which is 73% below its 10-year median of 1.64. GuruFocus rates MTW with a GF Score™ of 72/100 and a GF Value™ of $12.57 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Manitowoc Co ranks worse than 91.12% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Manitowoc Co's Operating Income for the three months ended in Mar. 2026 was $4 Mil. Manitowoc Co's Interest Expense for the three months ended in Mar. 2026 was $-9 Mil. Manitowoc Co's interest coverage for the quarter that ended in Mar. 2026 was 0.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Manitowoc Co's Interest Coverage or its related term are showing as below:

MTW' s Interest Coverage Range Over the Past 10 Years
Min: 0.91   Med: 1.64   Max: 3.61
Current: 1.49


MTW's Interest Coverage is ranked worse than
91.12% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.32 vs MTW: 1.49

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Manitowoc Co  (NYSE:MTW) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Manitowoc Co Interest Coverage Related Terms


Manitowoc Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manitowoc Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Manitowoc Co Interest Coverage Chart

Manitowoc Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 2.54 2.76 1.40 1.56

Manitowoc Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.70 1.17 1.89 2.33 0.44

MTW vs CMCO, TWI, WNC: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Manitowoc Co's Interest Coverage falls into.


MTW
72GF Score
Manitowoc Co Inc MTW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manitowoc Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manitowoc Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Manitowoc Co's Interest Expense was $-38 Mil. Its Operating Income was $59 Mil. And its Long-Term Debt & Capital Lease Obligation was $501 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*58.7/-37.7
=1.56

Manitowoc Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Manitowoc Co's Interest Expense was $-9 Mil. Its Operating Income was $4 Mil. And its Long-Term Debt & Capital Lease Obligation was $489 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3.9/-8.9
=0.44

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.44 mean?
Manitowoc Co (MTW) has a Interest Coverage of 0.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manitowoc Co and its competitors. This is 73% below median its historical median of 1.64. Over the past decade, Manitowoc Co's Interest Coverage has ranged from 0.91 to 3.61. According to the industry distribution chart, Manitowoc Co ranks #154 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 91.1%.
Is Manitowoc Co's Interest Coverage too high?
Manitowoc Co's current Interest Coverage of 0.44 is 73% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.61. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.32. Manitowoc Co's value of 0.44 is 95.3% below this industry median. Based on the distribution chart, Manitowoc Co ranks #154 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Manitowoc Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manitowoc Co's Interest Coverage compare to CMCO and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Manitowoc Co ranks #154 out of 169 companies for Interest Coverage. This places Manitowoc Co in the lower half of its industry. The industry median Interest Coverage is 9.32. Manitowoc Co's value of 0.44 is 95.3% below this benchmark. Historically, Manitowoc Co's own Interest Coverage has ranged from 0.91 to 3.61 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 9.32, Manitowoc Co has consistently been below 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 Interest Coverage for a Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.32, based on 169 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manitowoc Co's current Interest Coverage of 0.44 is 95.3% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manitowoc Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manitowoc Co's current Interest Coverage is 0.44, which is 73% below median its own 10-year median of 1.64. 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 Modestly Overvalued. The stock's GF Value™ is $12.57, compared to a current price of $14.34 — trading 14.1% above its estimated fair value. The current Interest Coverage is 0.44, which is 73% below median its 10-year median of 1.64 and 95.3% below the Farm & Heavy Construction Machinery industry median of 9.32. Manitowoc Co's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Manitowoc Co (MTW), the current Interest Coverage is 0.44 as of Mar. 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 $14.34 is trading 14.1% above its estimated GF Value™ of $12.57. GuruFocus considers Manitowoc Co to be Modestly Overvalued.

Key valuation signals for MTW:

  • Interest Coverage: 0.44 (73% below median its 10-year median of 1.64)
  • GF Value™: $12.57 vs. price of $14.34 (14.1% above fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 95.3% below the Farm & Heavy Construction Machinery median (#154 of 169)

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 Business Description

Address 11270 West Park Place, Suite 1000, One Park Plaza, 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.
72GF Score

Get the complete analysis for MTW

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.34
Price
$12.57
GF Value