MTW vs. RAIL
MTW (The Manitowoc Company, Inc.) and RAIL (FreightCar America, Inc.) are both stocks. Both are in the Industrials sector — MTW in Farm & Heavy Construction Machinery, RAIL in Railroads. Over the past 10 years, MTW returned -4.61%/yr vs -5.38%/yr for RAIL. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
MTW vs. RAIL - Performance Comparison
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Returns By Period
In the year-to-date period, MTW achieves a 15.51% return, which is significantly higher than RAIL's -28.00% return. Over the past 10 years, MTW has outperformed RAIL with an annualized return of -4.61%, while RAIL has yielded a comparatively lower -5.38% annualized return.
MTW
- 1D
- 0.14%
- 1M
- 10.62%
- 6M
- 7.20%
- YTD
- 15.51%
- 1Y
- 14.94%
- 3Y*
- -9.76%
- 5Y*
- -9.76%
- 10Y*
- -4.61%
- ALL TIME*
- 7.90%
RAIL
- 1D
- 0.00%
- 1M
- -11.15%
- 6M
- -30.76%
- YTD
- -28.00%
- 1Y
- -18.67%
- 3Y*
- 37.44%
- 5Y*
- 8.96%
- 10Y*
- -5.38%
- ALL TIME*
- -3.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.09M | $2.91M | $3.39M | |
| $1.33M | $1.77M | $1.96M |
MTW vs. RAIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTW The Manitowoc Company, Inc. | 15.51% | 31.33% | -45.30% | 82.21% | -50.73% | 39.67% | -23.94% | 18.48% | -62.46% | 64.46% |
RAIL FreightCar America, Inc. | -28.00% | 23.55% | 231.85% | -15.63% | -13.28% | 53.11% | 16.43% | -69.06% | -60.83% | 16.26% |
Correlation
The correlation between MTW and RAIL is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2005 | 0.40 |
The correlation between MTW and RAIL shifts across timeframes, from 0.28 (3 years) to 0.42 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MTW:
$497.35M
RAIL:
$157.41M
MTW:
$0.21
RAIL:
$0.89
MTW:
66.56
RAIL:
9.00
MTW:
2.08
RAIL:
0.11
MTW:
0.22
RAIL:
0.56
MTW:
$2.26B
RAIL:
$469.01M
MTW:
$409.50M
RAIL:
$69.61M
MTW:
$102.00M
RAIL:
-$1.50M
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Return for Risk
MTW vs. RAIL — Risk / Return Rank
MTW
RAIL
MTW vs. RAIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Manitowoc Company, Inc. (MTW) and FreightCar America, Inc. (RAIL). 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 | RAIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.98 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | -0.43 | +0.75 |
| Martin ratioReturn relative to average drawdown | 0.58 | -0.74 | +1.32 |
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Drawdowns
MTW vs. RAIL - Drawdown Comparison
The maximum MTW drawdown since its inception was -95.19%, roughly equal to the maximum RAIL drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for MTW and RAIL.
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Drawdown Indicators
| MTW | RAIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.19% | -98.88% | +3.69% |
Max Drawdown (1Y)Largest decline over 1 year | -27.46% | -50.34% | +22.88% |
Max Drawdown (3Y)Largest decline over 3 years | -60.24% | -71.67% | +11.43% |
Max Drawdown (5Y)Largest decline over 5 years | -73.11% | -71.67% | -1.44% |
Max Drawdown (10Y)Largest decline over 10 years | -83.39% | -96.23% | +12.84% |
Current DrawdownCurrent decline from peak | -68.23% | -88.29% | +20.06% |
Average DrawdownAverage peak-to-trough decline | -40.25% | -71.96% | +31.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.29% | 29.31% | -14.02% |
Volatility
MTW vs. RAIL - Volatility Comparison
The current volatility for The Manitowoc Company, Inc. (MTW) is 13.58%, while FreightCar America, Inc. (RAIL) has a volatility of 14.69%. This indicates that MTW experiences smaller price fluctuations and is considered to be less risky than RAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTW | RAIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.58% | 14.69% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 33.24% | 43.90% | -10.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.11% | 59.50% | -12.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.32% | 67.93% | -18.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.56% | 73.83% | -21.27% |
Dividends
MTW vs. RAIL - Dividend Comparison
Neither MTW nor RAIL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RAIL FreightCar America, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.58% | 2.41% | 1.85% |
Financials
MTW vs. RAIL - Financials Comparison
This section allows you to compare key financial metrics between The Manitowoc Company, Inc. and FreightCar America, Inc.. 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. RAIL - Profitability Comparison
MTW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
RAIL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, FreightCar America, Inc. reported a gross profit of 10.81M and revenue of 64.31M. Therefore, the gross margin over that period was 16.8%.
MTW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
RAIL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, FreightCar America, Inc. reported an operating income of -594.00K and revenue of 64.31M, resulting in an operating margin of -0.9%.
MTW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
RAIL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, FreightCar America, Inc. reported a net income of 41.65M and revenue of 64.31M, resulting in a net margin of 64.8%.
Frequently Asked Questions
MTW and RAIL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RAIL has higher volatility (14.69%) compared to MTW (13.58%). In terms of maximum drawdown, MTW dropped -95.19% vs RAIL's -98.88%.
MTW currently has the higher Sharpe Ratio (0.18 vs -0.36), 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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