MTW vs. CMCO
MTW (The Manitowoc Company, Inc.) and CMCO (Columbus McKinnon Corporation) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, MTW returned -5.52%/yr vs -0.80%/yr for CMCO. At a 0.42 correlation, their price movements are largely independent.
Performance
MTW vs. CMCO - Performance Comparison
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Returns By Period
In the year-to-date period, MTW achieves a 6.59% return, which is significantly higher than CMCO's -22.64% return. Over the past 10 years, MTW has underperformed CMCO with an annualized return of -5.52%, while CMCO has yielded a comparatively higher -0.80% annualized return.
MTW
- 1D
- 3.23%
- 1M
- 2.57%
- 6M
- -5.68%
- YTD
- 6.59%
- 1Y
- -2.07%
- 3Y*
- -10.76%
- 5Y*
- -11.35%
- 10Y*
- -5.52%
CMCO
- 1D
- -1.71%
- 1M
- -4.27%
- 6M
- -32.23%
- YTD
- -22.64%
- 1Y
- -17.05%
- 3Y*
- -30.42%
- 5Y*
- -21.56%
- 10Y*
- -0.80%
MTW vs. CMCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTW The Manitowoc Company, Inc. | 6.59% | 31.33% | -45.30% | 82.21% | -50.73% | 39.67% | -23.94% | 18.48% | -62.46% | 64.46% |
CMCO Columbus McKinnon Corporation | -22.64% | -52.93% | -3.85% | 21.12% | -29.26% | 20.95% | -3.27% | 33.65% | -24.23% | 48.64% |
Correlation
The correlation between MTW and CMCO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 1996 | 0.42 |
The correlation between MTW and CMCO shifts across timeframes, from 0.42 (all time) to 0.63 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
MTW:
$458.92M
CMCO:
$381.74M
MTW:
$0.21
CMCO:
-$7.96
MTW:
0.20
CMCO:
0.20
MTW:
0.66
CMCO:
0.58
MTW:
$2.26B
CMCO:
$1.89B
MTW:
$409.50M
CMCO:
$567.40M
MTW:
$102.00M
CMCO:
$23.62M
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Return for Risk
MTW vs. CMCO — Risk / Return Rank
MTW
CMCO
MTW vs. CMCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Manitowoc Company, Inc. (MTW) and Columbus McKinnon Corporation (CMCO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTW | CMCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.98 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | -0.40 | +0.25 |
| Martin ratioReturn relative to average drawdown | -0.28 | -0.83 | +0.55 |
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Drawdowns
MTW vs. CMCO - Drawdown Comparison
The maximum MTW drawdown since its inception was -95.19%, roughly equal to the maximum CMCO drawdown of -95.20%. Use the drawdown chart below to compare losses from any high point for MTW and CMCO.
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Drawdown Indicators
| MTW | CMCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.19% | -95.20% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -30.86% | -47.51% | +16.65% |
Max Drawdown (3Y)Largest decline over 3 years | -63.06% | -72.77% | +9.71% |
Max Drawdown (5Y)Largest decline over 5 years | -73.11% | -76.14% | +3.03% |
Max Drawdown (10Y)Largest decline over 10 years | -83.39% | -76.92% | -6.47% |
Current DrawdownCurrent decline from peak | -70.68% | -74.78% | +4.10% |
Average DrawdownAverage peak-to-trough decline | -40.20% | -38.63% | -1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.78% | 22.88% | -6.10% |
Volatility
MTW vs. CMCO - Volatility Comparison
The current volatility for The Manitowoc Company, Inc. (MTW) is 14.63%, while Columbus McKinnon Corporation (CMCO) has a volatility of 22.14%. This indicates that MTW experiences smaller price fluctuations and is considered to be less risky than CMCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTW | CMCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.63% | 22.14% | -7.51% |
Volatility (6M)Calculated over the trailing 6-month period | 32.52% | 40.50% | -7.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.72% | 56.27% | -9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.42% | 45.95% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.49% | 44.48% | +8.01% |
Dividends
MTW vs. CMCO - Dividend Comparison
MTW has not paid dividends to shareholders, while CMCO's dividend yield for the trailing twelve months is around 2.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | 2.11% | 1.62% | 0.75% | 0.72% | 0.83% | 0.52% | 0.62% | 0.57% | 0.63% | 0.40% | 0.59% | 0.85% |
MTW The Manitowoc Company, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 223.41% | 0.52% |
Financials
MTW vs. CMCO - Financials Comparison
This section allows you to compare key financial metrics between The Manitowoc Company, Inc. and Columbus McKinnon Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MTW vs. CMCO - Profitability Comparison
MTW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Manitowoc Company, Inc. reported a gross profit of 95.30M and revenue of 494.60M. Therefore, the gross margin over that period was 19.3%.
CMCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Columbus McKinnon Corporation reported a gross profit of 317.62M and revenue of 1.13B. Therefore, the gross margin over that period was 28.1%.
MTW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Manitowoc Company, Inc. reported an operating income of 3.10M and revenue of 494.60M, resulting in an operating margin of 0.6%.
CMCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Columbus McKinnon Corporation reported an operating income of -160.39M and revenue of 1.13B, resulting in an operating margin of -14.2%.
MTW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Manitowoc Company, Inc. reported a net income of -6.00M and revenue of 494.60M, resulting in a net margin of -1.2%.
CMCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Columbus McKinnon Corporation reported a net income of -238.23M and revenue of 1.13B, resulting in a net margin of -21.1%.
Frequently Asked Questions
MTW and CMCO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMCO has higher volatility (22.14%) compared to MTW (14.63%). In terms of maximum drawdown, MTW dropped -95.19% vs CMCO's -95.20%.
MTW currently has the higher Sharpe Ratio (-0.10 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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