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
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.
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