Manitowoc targets $3 billion-plus revenue, 12%+ adjusted EBITDA margin in long-term outlook - MTW News | RalliesManitowoc targets $3 billion-plus revenue, 12%+ adjusted EBITDA margin in long-term outlook
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MTW• Long-term targets and operating outlook
- Manitowoc set long-term aspirational targets: revenue above $3 billion, non-new machine sales above $1 billion, adjusted EBITDA margin above 12%.
- Adjusted ROIC targeted above 15%, versus 5.3% in 2025; 2025 adjusted EBITDA was $122 million on about $2.2 billion net sales.
- Aftermarket expansion underpins the outlook; non-new machine sales aimed above $1 billion versus $690 million in 2025, $376 million in 2020.
- Crane replacement demand expected to accelerate as fleets age; average crane age above 15 years versus a historical 7-10 years.
- Capital plan supports forecast: about $60 million invested in organic growth since 2020; RPO/rental fleet assets rose to $154 million by 2025.
