Crane Co
Business
Crane Co. is a manufacturer of highly engineered components for mission-critical applications in aerospace, defense, space, and process industries. The company offers critical systems including pressure sensors, aircraft braking systems, power conversion solutions, lubrication systems, fluid handling equipment, pumps, and valves. Operations are organized into two reportable segments: Aerospace & Advanced Technologies, serving commercial and military aerospace markets with original equipment and aftermarket parts; and Process Flow Technologies, providing equipment for pharmaceutical, cryogenic, chemical, nuclear, and municipal water applications. Manufacturing and sales operations span North America, Europe, Asia, Middle East, and Australia.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cost of sales | 1,332 | 1,263 | 1,111 | 1,116 | 1,374 | |
| Operating profit | 424 | 356 | 250 | 5 | 222 | |
| Interest income | 11 | 6 | 5 | 3 | 1 | |
| Interest expense | −11 | −27 | −23 | −10 | — | |
| Miscellaneous income, net | 9 | 4 | 300,000 | 6 | 16 | |
| Total other income (expense), net | 9 | −17 | −17 | 231 | 12 | |
| Income from continuing operations before income taxes | 433 | 339 | 233 | 237 | 234 | |
| Effective Tax Rate | 101 | 70 | 57 | 70 | 36 | |
| Net income from continuing operations attributable to common shareholders | 332 | 268 | 176 | 166 | 197 | |
| Income from discontinued operations, net of tax (Note 3) | 35 | 27 | 80 | 235 | 238 | |
| Net income from continuing operations attributable to common shareholders | 367 | 295 | 256 | 401 | — | |
| Earnings per basic share from continuing operations (in dollars per share) | 5.77 | 4.69 | 3.1 | 2.95 | 3.38 | |
| Earnings per basic share from discontinued operations (in dollars per share) | 0.61 | 0.46 | 1.41 | 4.16 | 4.08 | |
| Basic earnings per share (in dollars per share) | 6.38 | 5.15 | 4.51 | 7.11 | 7.46 | |
| Earnings per diluted share from continuing operations (in dollars per share) | 5.66 | 4.6 | 3.06 | 2.91 | 3.34 | |
| Earnings per diluted share from discontinued operations (in dollars per share) | 0.6 | 0.45 | 1.39 | 4.1 | 4.02 | |
| Diluted earnings per share (in dollars per share) | 6.26 | 5.05 | 4.45 | 7.01 | 7.36 | |
| Weighted average basic shares outstanding (in shares) | 58 | 57 | 57 | 56 | 58 | |
| Weighted average diluted shares outstanding (in shares) | 59 | 58 | 58 | 57 | 59 | |
| Net sales | 2,305 | 2,131 | 1,862 | 1,777 | — | |
| Engineering, Selling, General And Administrative Expense | 549 | 512 | 501 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 507 | 307 | 330 | 427 | — | |
| Restricted cash | 1,223 | 0 | 0 | — | — | |
| Accounts receivable, net | 359 | 339 | 298 | 270 | — | |
| Inventories, net | 377 | 380 | 344 | 294 | — | |
| Other current assets | 106 | 159 | 100 | 135 | — | |
| Current assets held for sale | 0 | 218 | 19 | 626 | — | |
| Total current assets | 2,571 | 1,403 | 1,091 | 1,752 | — | |
| Property, plant and equipment, net | 279 | 261 | 245 | 248 | — | |
| Long-term deferred tax assets | 4 | 11 | 21 | 3 | — | |
| Intangible assets, net | 150 | 160 | 87 | 71 | 77 | |
| Goodwill | 684 | 662 | 576 | 520 | 723 | |
| Other assets | 166 | 145 | 133 | 121 | — | |
| Total assets | 3,853 | 2,642 | 2,351 | 4,392 | — | |
| Accounts payable | 190 | 188 | 157 | 179 | — | |
| Accrued liabilities | 269 | 303 | 261 | 261 | — | |
| U.S. and foreign taxes on income | 6 | 8 | 14 | 34 | — | |
| Current liabilities held for sale | 0 | 44 | 35 | 615 | — | |
| Total current liabilities | 465 | 543 | 467 | 1,488 | — | |
| Long-term debt | 1,148 | 247 | 249 | 0 | — | |
| Accrued pension, postretirement benefits and post-employment benefits | 43 | 70 | 115 | 132 | — | |
| Long-term deferred tax liability | 46 | 35 | 36 | 55 | — | |
| Other liabilities | 88 | 106 | 105 | 85 | — | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Common shares, par value $1.00; 66,475,307 shares authorized; 57,607,816 and 57,290,198 shares issued and outstanding in 2025 and 2024, respectively | 58 | 57 | 57 | 72 | — | |
| Capital surplus | 452 | 426 | 398 | 374 | — | |
| Retained earnings | 1,532 | 1,218 | 961 | 2,823 | — | |
| Accumulated other comprehensive income (loss) | 20 | −62 | −58 | −503 | — | |
| Total shareholders equity | 2,061 | 1,639 | 1,358 | 1,901 | — | |
| Noncontrolling interest | 2 | 2 | 3 | 3 | — | |
| Total equity | 2,063 | 1,641 | 1,360 | 1,904 | 1,835 | |
| Total liabilities and equity | 3,853 | 2,642 | 2,351 | 4,392 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 50 | 51 | 35 | 34 | 38 | |
| Stock-based compensation expense | 27 | 26 | 26 | 21 | 22 | |
| Defined benefit plans and postretirement cost | 8 | 3 | 9 | −600,000 | −7 | |
| Deferred income tax benefit | −2 | −12 | −19 | −18 | −5 | |
| Cash provided by (used for) operating working capital | 9 | −52 | −51 | −28 | 30 | |
| Defined benefit plans and postretirement contributions | −17 | −17 | −18 | −19 | −27 | |
| Environmental payments, net of reimbursements | −3 | −4 | −4 | −6 | −6 | |
| Other | −10 | −6 | 8 | 15 | 5 | |
| Total provided by operating activities from continuing operations | 395 | 258 | 162 | −499 | 185 | |
| Payments for acquisitions - net of cash acquired and working capital adjustments | −200,000 | −201 | −91 | 0 | 0 | |
| Capital expenditures | −54 | −37 | −39 | −33 | −35 | |
| Proceeds from insurance recoveries for damaged property, plant and equipment | 5 | 1 | 0 | — | — | |
| Other investing activities | 500,000 | 6 | 700,000 | 4 | 24 | |
| Total used for investing activities from continuing operations | −48 | −230 | −129 | 288 | 18 | |
| Dividends paid | −53 | −47 | −57 | −106 | −101 | |
| Net (payments) proceeds related to employee stock plans | −5 | −900,000 | 22 | 16 | 14 | |
| Debt refinancing costs | −6 | 0 | −9 | 0 | 0 | |
| Proceeds from debt | 1,150 | 190 | 300 | 0 | 0 | |
| Proceeds from term facility of discontinued operations | 0 | 0 | 350 | 399 | 0 | |
| Repayments of debt | −248 | −192 | −451 | 0 | −348 | |
| Distribution of Crane NXT, Co. | 0 | 0 | −578 | 0 | 0 | |
| Total provided by (used for) financing activities from continuing and discontinued operations | 839 | −50 | −423 | 106 | −558 | |
| Total provided by operating activities | 0 | 15 | 66 | 347 | 313 | |
| Total used for investing activities | 214 | −3 | −8 | −24 | −19 | |
| Increase in cash, cash equivalents and restricted cash from discontinued operations | 214 | 12 | 58 | 323 | 295 | |
| Effect of exchange rate on cash, cash equivalents and restricted cash | 24 | −11 | 4 | −39 | −13 | |
| Increase (decrease) in cash, cash equivalents and restricted cash | 1,423 | −21 | −328 | 179 | −72 | |
| Accounts receivable | −13 | −32 | −24 | −48 | −37 | |
| Inventories | 11 | −21 | −42 | −41 | −27 | |
| Other current assets | 47 | −54 | 39 | −9 | −8 | |
| Accounts payable | 3 | 24 | −2 | 47 | 32 | |
| Accrued liabilities | −45 | 39 | 6 | −7 | 58 | |
| U.S. and foreign taxes on income | 6 | −7 | −28 | 31 | 12 | |
| Interest paid | 8 | 24 | 20 | 7 | 3 | |
| Income taxes paid | 97 | 89 | 111 | 61 | 34 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Crane Co's CIK number?
Crane Co's SEC CIK number is 0001944013 (1944013). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Crane Co's SEC filings?
All of Crane Co's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Crane Co last report earnings?
Crane Co (CR) most recently filed an earnings 8-K with the SEC on Apr 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001944013-26-000125). This is Crane Co's most recent earnings filing of record — not a forecast of its next earnings date.
What is Crane Co's most recent earnings 8-K?
Crane Co's latest earnings 8-K (Item 2.02) was filed Apr 27, 2026 under accession 0001944013-26-000125. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Crane Co's latest earnings 8-K →
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