Private company

Manitex International, Inc.

In its 2024 annual report the company says: “The Company is a leading provider of engineered lifting solutions. The Company designs, manufactures and distributes a diverse group of products that serve different functions and are used in a variety of industries.”4 It is headquartered in East Lansing, United States.2

Last updated Oct 20, 2026.

Overview

  • IndustrySpecial Industry Machinery, NEC2
  • HeadquartersEast Lansing, United States2
  • Incorporated inMI3
  • Business address9725 Industrial Drive, Bridgeview, Il 604553
  • Filer categoryAccelerated filer, Smaller reporting company3
  • Legal formCorporation (For-Profit)2
  • LEI549300QZ9TZ4MVXPZQ532
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CSC-LAWYERS INCORPORATING SERVICE (COMPANY), 48823 East Lansing, United States2
  • Registered withCorporations Division (Department of Licensing and Regulatory Affairs), 8006257772

See how the biggest companies compare on our leaderboards

The Company is a leading provider of engineered lifting solutions. The Company designs, manufactures and distributes a diverse group of products that serve different functions and are used in a variety of industries. Following the completion of the Rabern acquisition in 2022, the Company reports in two business segments and has five operating segments which there are five reporting units.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

21.4%Gross margin5
5.4%Operating margin5
2.5%Net margin5
6.4%Revenue growth, 20235
10.6%Return on equity5
1.32×Debt to equity5
-$4.9MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue78¢$229.0M
  • Research and development1¢$3.4M
  • Selling, general and admin15¢$43.1M
  • Interest3¢$7.8M
  • Income tax1¢$2.4M
  • Profit3¢$7.4M

Out of $291.4M in revenue.5

Where each dollar of operating cash went, fiscal 2023

  • Capital spending99¢$7.1M
  • Share buybacks1¢$58.0K

Out of $2.2M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue67895$291.4M in 2023+37% since 2017
0$100.0M$200.0M$300.0M2017: $213.1M$213.1M20172018: $242.1M$242.1M2018+14%2019: $215.5M$215.5M2019−11%2020: $167.5M$167.5M2020−22%2021: $211.5M$211.5M2021+26%2022: $273.9M$273.9M2022+29%2023: $291.4M$291.4M2023+6%
Gross profit67895$62.4M in 2023+69% since 2017
0$20.0M$40.0M$60.0M$80.0M2017: $36.8M$36.8M20172018: $44.0M$44.0M2018+20%2019: $40.8M$40.8M2019−7%2020: $30.9M$30.9M2020−24%2021: $32.9M$32.9M2021+7%2022: $50.0M$50.0M2022+52%2023: $62.4M$62.4M2023+25%
Operating income67895$15.8M in 2023
-$10.0M0$10.0M$20.0M2017: -$265.0K-$265.0K20172018: -$235.0K-$235.0K2018−11%2019: $2.5M$2.5M20192020: -$7.8M-$7.8M20202021: -$4.4M-$4.4M2021−43%2022: $4.4M$4.4M20222023: $15.8M$15.8M2023+262%
Net income6785$7.4M in 2023
-$20.0M-$10.0M0$10.0M2017: -$8.1M-$8.1M20172018: -$13.2M-$13.2M2018+63%2019: -$8.5M-$8.5M2019−36%2020: -$13.6M-$13.6M2020+60%2021: $7.4M$7.4M20212022: -$4.9M-$4.9M20222023: $7.4M$7.4M2023
Fiscal year2017201820192020202120222023
Revenue$213.1M6$242.1M6$215.5M7$167.5M8$211.5M9$273.9M5$291.4M5
Cost of revenue$176.3M6$198.1M6$174.6M7$136.6M8$175.4M9$223.8M5$229.0M5
Gross profit$36.8M6$44.0M6$40.8M7$30.9M8$32.9M9$50.0M5$62.4M5
Research and development$2.6M6$2.8M6$2.7M7$3.2M8$3.3M9$3.0M5$3.4M5
Selling, general and admin$34.5M6$35.7M6$34.1M7$28.7M8$31.9M9$40.4M5$43.1M5
Operating expenses$37.4M9$45.6M5$46.5M5
Operating income-$265.0K6-$235.0K6$2.5M7-$7.8M8-$4.4M9$4.4M5$15.8M5
Interest$6.5M6$5.5M6$4.5M7$3.6M8$2.1M9$4.6M5$7.8M5
Income before tax-$3.4M9-$2.2M5$5.5M5
Income tax-$118.0K6$511.0K6$2.8M7$674.0K8$1.2M9$2.1M5-$2.4M5
Net income-$8.1M6-$13.2M6-$8.5M7-$13.6M8$7.4M5-$4.9M5$7.4M5
Earnings per share-$0.496-$0.726-$0.437-$0.698-$0.239-$0.245$0.365
Earnings per share (diluted)-$0.496-$0.726-$0.437-$0.698-$0.239-$0.245$0.365
Shares (weighted, basic)19.9M shares920.1M shares520.2M shares5
Shares (weighted, diluted)19.9M shares920.1M shares520.2M shares5

Compare Manitex International, Inc. with another company

Corporate structure

Manitex International, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Manitex International, Inc.

  • GARDNER LEWIS ASSET MANAGEMENT L P Filed SCHEDULE 13G/A on Manitex International, Inc., latest Apr 22, 2025 (2 filings since Feb 13, 2025)
  • ROYCE & ASSOCIATES LP Filed SC 13G/A on Manitex International, Inc., latest Oct 30, 2024 (4 filings since Jan 21, 2022)
  • Terex Filed SC 13G/A on Manitex International, Inc., latest Oct 8, 2024
  • De Lisle Partners LLP Filed SCHEDULE 13G on Manitex International, Inc., latest Sep 27, 2024
  • Tadano Limited Filed SC 13D/A on Manitex International, Inc., latest Sep 12, 2024 (3 filings since Jun 21, 2022)
  • Pacific Ridge Capital Partners, LLC Filed SC 13G/A on Manitex International, Inc., latest Feb 13, 2023 (2 filings since Feb 14, 2022)
  • Manitex International, Inc. East Lansing, Michigan, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Manitex International, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$79.3M5 Dec 31, 2023$74.1M5 Dec 31, 2022+7.0%
Accumulated depreciation$29.8M5 Dec 31, 2023$22.4M5 Dec 31, 2022+32.6%
Property and equipment, net$49.6M5 Dec 31, 2023$51.7M5 Dec 31, 2022−4.1%
Finance-lease assets$1.6M5 Dec 31, 2023$2.0M5 Dec 31, 2022−19.6%
Operating-lease assets (leased space)$7.4M5 Dec 31, 2023$5.7M5 Dec 31, 2022+30.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$9.3M5 Dec 31, 2023$8.0M5 Dec 31, 2022+16.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$37.4M5 Dec 31, 2023$36.9M5 Dec 31, 2022+1.2%
Intangible assets, net (excluding goodwill)$12.2M5 Dec 31, 2023$14.4M5 Dec 31, 2022−14.9%
Indefinite-lived intangibles (excluding goodwill)$2.0M5 Dec 31, 2023$1.9M9 Dec 31, 2022+1.3%
Trademarks and trade names (indefinite-lived)$2.0M5 Dec 31, 2023$1.9M5 Dec 31, 2022+1.3%
Finite-lived intangibles, net$10.2M5 Dec 31, 2023$12.4M9 Dec 31, 2022−17.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$82.3M5 Dec 31, 2023$69.8M5 Dec 31, 2022+18.0%
Raw materials$57.2M5 Dec 31, 2023$47.2M5 Dec 31, 2022+21.2%
Work in process$7.0M5 Dec 31, 2023$6.0M5 Dec 31, 2022+16.6%
Finished goods$18.1M5 Dec 31, 2023$16.6M5 Dec 31, 2022+9.1%

Leadership

Who has led Manitex International, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. David J. Langevin2006–2019
  2. Robert J. Skandalaris2006
  3. Steve Filipov2019–2022
  4. Michael Coffey2022–2025

Chair

  1. David J. Langevin2007–2025

President

  1. Michael C. Azar2006
  2. Andrew M. Rooke2007–2016
  3. Lubomir T. Litchev2012–2016

Chief financial officer

  1. David H. Gransee2007–2017
  2. Michael Schneider2017
  3. Laura Ruoru Yu2019–2020
  4. Joseph Doolan2020–2025

Chief operating officer

  1. Andrew M. Rooke2007–2016
2010201520202025
Board members and other officers (19)

Former names

  • Veri-Tek International, Corp.Sep 3, 2004 to May 28, 20083

Timeline

  1. Jan 3, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer41
  2. Dec 23, 20248-K Shareholder vote; Other events42
  3. Dec 16, 20248-K Other events43
  4. Nov 7, 20248-K Results of operations44
  5. Sep 12, 20248-K Other events45
  6. Sep 12, 20248-K Entered a material agreement; Executive or director change; Other events46
  7. Aug 7, 20248-K Results of operations47
  8. Jun 28, 20248-K Shareholder vote48
  9. Jun 18, 20248-K Executive or director change; Other events49
  10. Jun 4, 20248-K Entered a material agreement; New debt or obligation50
  11. May 8, 20248-K Regulation FD disclosure51
  12. May 2, 20248-K Results of operations52
  13. Apr 18, 2022New chief executive Michael Coffey becomes CEO14
  14. Sep 4, 2019New chief executive Steve Filipov becomes CEO15
  15. Apr 3, 2013Founded Manitex International, Inc. is founded2
  16. Oct 20, 2006New chief executive Robert J. Skandalaris becomes CEO17
  17. Oct 20, 2006New chief executive David J. Langevin becomes CEO16

Calendar

When it reported results

  1. Nov 7, 2024Reported quarterly or annual results44
  2. Aug 7, 2024Reported quarterly or annual results47
  3. May 2, 2024Reported quarterly or annual results52
  4. Feb 29, 2024Reported quarterly or annual results53
  5. Nov 2, 2023Reported quarterly or annual results54
  6. Aug 3, 2023Reported quarterly or annual results55
  7. May 4, 2023Reported quarterly or annual results56
  8. Mar 8, 2023Reported quarterly or annual results57

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

161 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 41 major events, 53 insider forms, 13 large holders, 41 other. The latest 20:

  1. Apr 22, 2025SCHEDULE 13G/A EDGAR
  2. Feb 13, 2025SCHEDULE 13G EDGAR
  3. Jan 13, 202515-12G EDGAR
  4. Jan 10, 2025EFFECT EDGAR
  5. Jan 6, 2025SC 13E3/A EDGAR
  6. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  7. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  8. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  9. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Jan 6, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. Jan 3, 20258-K EDGAR
  13. Jan 3, 2025S-8 POS EDGAR
  14. Jan 3, 2025S-8 POS EDGAR
  15. Jan 3, 2025S-8 POS EDGAR
  16. Jan 3, 2025POS AM EDGAR
  17. Jan 2, 202525-NSE EDGAR
  18. Dec 23, 20248-K EDGAR
  19. Dec 16, 2024SC 13E3/A EDGAR
  20. Dec 16, 20248-K EDGAR

The 161 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

8 open-market trades by officers, directors and large owners since October 2021: 6 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 8, 2023LANGEVIN DAVID JExecutive ChairmanSale1,142$5.32$6.1KForm 4
Mar 6, 2023LANGEVIN DAVID JExecutive ChairmanSale1,177$5.12$6.0KForm 4
Dec 21, 2022Coffey MichaelChief Executive OfficerBuy5,000$4.25$21.2KForm 4
Sep 12, 2022Chief Financial OfficerBuy1,500$5.10$7.7KForm 4
Sep 2, 2022Coffey MichaelChief Executive OfficerBuy3,000$5.46$16.4KForm 4
Sep 2, 2022DOOLAN JOSEPHChief Financial OfficerBuy1,500$5.46$8.2KForm 4
Sep 1, 2022DOOLAN JOSEPHChief Financial OfficerBuy2,000$5.41$10.8KForm 4
May 9, 2022Coffey MichaelChief Executive OfficerBuy6,500$7.64$49.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Manitex International, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARManitex International, Inc.1
  • CIK0001302028
  • Employer ID (EIN)42-16289781
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inMichigan1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3559 Special Industry Machinery, NEC1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address9725 Industrial Drive, Bridgeview, IL 604551
  • Phone708-430-75001
  • Shares outstanding20,397,358 as of Oct 31, 202411
  • Public float$80.6M as of Feb 21, 20245
  • On EDGAR sinceSep 3, 20041
  • Filings967 in all: 8-K (291), 4 (282), 10-Q (60), SC 13G/A (47), 3 (38), SC 13G (28), UPLOAD (21), 10-K (20)1
    All 55 form types

    DEF 14A (20), 8-K/A (18), CORRESP (13), SD (11), SC 13D/A (10), EFFECT (9), S-3 (8), 4/A (7), S-1/A (7), S-8 (5), 10-K/A (4), 10-Q/A (4), 8-A12B/A (4), DEFA14A (4), SC 13E3/A (4), 424B5 (3), DFAN14A (3), PRE 14A (3), S-3/A (3), S-8 POS (3), 144 (2), 3/A (2), 424B3 (2), 8-A12B (2), D (2), DEFR14A (2), NT 10-K (2), REGDEX (2), SC 13D (2), SCHEDULE 13G (2), 144/A (1), 15-12G (1), 25 (1), 25-NSE (1), 424B4 (1), CERTAMX (1), CERTNAS (1), CT ORDER (1), DEFM14A (1), NT 10-Q (1), POS AM (1), PREM14A (1), PRER14A (1), S-1 (1), S-3MEF (1), SC 13E3 (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Feb 29, 2024
    Quarterly report (10-Q) Nov 7, 2024
    Proxy statement (DEF 14A) Apr 29, 2024
    Latest 8-K (8-K) Jan 3, 2025

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
    SEC EDGAROther events
  44. 44
  45. 45
    SEC EDGAROther events
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63