Crane Co CR
Crane Company has delivered innovation and technology-led solutions for customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process industry end markets. The Company has two reporting segments: Aerospace & Advanced Technologies ("AAT") and Process Flow Technologies ("PFT").
We have been committed to the highest standards of business conduct since our inception in 1855 when our founder, R.T. Crane, resolved "to conduct my business in the strictest honesty and fairness; to avoid all deception and trickery; to deal fairly with both customers and competitors; to be liberal and just toward employees; and to put my whole mind upon the business."
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Continental Europe
- Other international
- United Kingdom
- Canada
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $1.37B | $1.21B | $1.05B |
| Continental Europe | $390.1M | $390.9M | $325.6M |
| Other international | $320.8M | $319.8M | $298.5M |
| United Kingdom | $149.1M | $137.7M | $120.3M |
| Canada | $76.2M | $72.8M | $65.3M |
As the company reported it, from the “Segment Information (Schedule Of Net Sales And Assets By Geographic Region) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Process Flow Technologies
- Aerospace and Electronics
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Process Flow Technologies | $1.26B | $1.20B | $1.07B |
| Aerospace and Electronics | $1.05B | $932.7M | $789.3M |
As the company reported it, from the “Segment Information (Financial Information By Reportable Segment) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.31B | $2.13B | $1.86B | $1.78B | $2.06B | — |
| Cost of revenue | $1.33B | $1.26B | $1.11B | $1.12B | $1.37B | — |
| Gross profit | $972.8M | $867.8M | $751.0M | $661.2M | $688.8M | — |
| R&D | $47.8M | $46.1M | $54.8M | $48.3M | $49.5M | — |
| SG&A | — | $512.0M | $500.6M | $493.5M | $467.1M | — |
| Operating income | $424.2M | $355.8M | $250.4M | $5.3M | $221.7M | — |
| Interest expense | $11.3M | $27.2M | $22.7M | $10.1M | $4.9M | — |
| Pre-tax income | $432.8M | $338.5M | $233.1M | $236.5M | $233.7M | — |
| Income tax | $101.1M | $70.3M | $57.2M | $70.1M | $36.3M | — |
| Net income | $366.6M | $294.7M | $255.9M | $401.1M | $435.4M | — |
| EPS, basic | 6.38 | 5.15 | 4.51 | 7.11 | 7.46 | — |
| EPS, diluted | 6.26 | 5.05 | 4.45 | 7.01 | 7.36 | — |
| Shares, diluted (wtd. avg.) | 58.6M | 58.3M | 57.5M | 57.2M | 59.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $506.5M | $306.7M | $329.6M | $657.6M | $377.9M | — |
| Receivables | $358.7M | $339.1M | $297.7M | $269.7M | — | — |
| Inventory | $376.5M | $380.4M | $343.9M | $294.2M | — | — |
| Total current assets | $2.57B | $1.40B | $1.09B | $1.75B | — | — |
| Property, plant and equipment | $278.8M | $261.3M | $244.5M | $248.3M | — | — |
| Goodwill | $683.9M | $661.6M | $576.4M | $519.6M | $723.2M | — |
| Other intangibles | $149.5M | $159.9M | $87.1M | $70.7M | $77.3M | $86.9M |
| Total assets | $3.85B | $2.64B | $2.35B | $4.39B | — | — |
| Accounts payable | $189.6M | $188.2M | $156.9M | $179.2M | — | — |
| Short-term debt | — | — | $0 | $399.6M | — | — |
| Total current liabilities | $465.2M | $543.4M | $467.1M | $1.49B | — | — |
| Long-term debt | $1.15B | $247.0M | $248.5M | $0 | — | — |
| Retained earnings | $1.53B | $1.22B | $960.7M | $2.82B | — | — |
| Total equity | $2.06B | $1.64B | $1.36B | $1.90B | $1.84B | $1.53B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $394.8M | $257.8M | $162.1M | -$498.8M | $185.1M | — |
| Depreciation and amortisation | $50.2M | $51.0M | $35.4M | $33.7M | $38.4M | — |
| Stock-based compensation | $27.2M | $25.6M | $25.8M | $20.9M | $21.7M | — |
| Capital expenditure | $53.5M | $36.6M | $39.0M | $33.3M | $35.3M | — |
| Investing cash flow | -$48.1M | -$230.0M | -$128.8M | $288.4M | $18.2M | — |
| Financing cash flow | $838.8M | -$49.7M | -$423.2M | $106.0M | -$557.9M | — |
| Dividends paid | $52.9M | $46.9M | $57.3M | $105.9M | $100.6M | — |
| Buybacks | — | — | $0 | $203.7M | $96.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001944013-26-000095.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $2.06B | $1.78B | $1.86B | $2.13B | $2.31B |
| Gross profit | — | $688.8M | $661.2M | $751.0M | $867.8M | $972.8M |
| Net income | — | $435.4M | $401.1M | $255.9M | $294.7M | $366.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Officer or director change Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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