Crane
CR NYSE Industrial Machinery & Supplies & Components Financials FY2021βFY2025
Crane's revenue rose 8.2% to $2.3 billion in fiscal 2025. Its operating margin was 18.4%, up from 16.7% a year earlier. Free cash flow was $341 million, up 54.3%. It paid out $53 million in dividends and buybacks, 16% of free cash flow. The diluted share count rose 0.5%.
What Crane does
No business description yet.
- Legal name
- CRANE COMPANY
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0001944013-26-000095
0001944013
Revenue and margins
Crane had $2.3B of revenue in fiscal 2025, up 8.2% on the year before.
Net income and earnings per share
From fiscal 2021 to 2025, diluted EPS grew β4.0% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $341M in fiscal 2025, 14.8% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Crane returned $52.9M to shareholders in fiscal 2025, 16% of free cash flow. The diluted share count rose 0.5%.
Value Crane yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Discounted cash flow
Value per share
β
Adds net cash of β$642M and divides by 58.6M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 32.0x Β· peers 30.5x Β· sector 26.0x.
Balance sheet
Cash, debt and the ratios that show how comfortably Crane can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $378M | $427M | $330M | $307M | $507M |
| Debt incl. finance leases | β | $400M | $249M | $247M | $1.1B |
| Net debt / EBITDA | β | β0.7x | β0.3x | β0.2x | 1.4x |
| Debt / equity | β | 0.2x | 0.2x | 0.2x | 0.6x |
| Interest coverage | 45.2x | 0.5x | 11.0x | 13.1x | 37.5x |
| Current ratio | β | 1.2x | 2.3x | 2.6x | 5.5x |
| Quick ratio | β | 1.0x | 1.6x | 1.9x | 4.7x |
| Total assets | β | $4.4B | $2.4B | $2.6B | $3.9B |
| Total liabilities | β | $2.5B | $991M | $1.0B | $1.8B |
| Shareholders' equity | $1.8B | $1.9B | $1.4B | $1.6B | $2.1B |
| Net debt (β = net cash) | β | β$27.4M | β$81.1M | β$59.7M | $642M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$1.0M
4 insiders
Sold, 12 months
$0.8M
2 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | James L L TullisDirector | Sold | 400 | $205.38 | $0.1M | Form 4 |
| Aug 13, 2026 | James L L TullisDirector | Sold | 614 | $225.00 | $0.1M | Form 4 |
| Apr 30, 2026 | Susan D LynchDirector | Bought | 150 | $177.38 | $0.0M | Form 4 |
| Feb 13, 2026 | Jason D. FeldmanSVP, Ir, Treasury & Tax | Sold | 2,693 | $201.95 | $0.5M | Form 4 |
| Jan 30, 2026 | Max H MitchellChairman, President and CEO, Director | Bought | 1,000 | $183.71 | $0.2M | Form 4 |
| Jan 29, 2026 | Jennifer PollinoDirector | Bought | 1,500 | $184.29 | $0.3M | Form 4 |
| Jan 29, 2026 | Sanjay KapoorDirector | Bought | 2,814 | $177.68 | $0.5M | Form 4 |
| Jan 29, 2026 | Susan D LynchDirector | Bought | 150 | $182.22 | $0.0M | Form 4 |
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 9 | 6 / 9 | 6 / 9 |
| Accruals ratio | 2.8% | 1.5% | β0.9% |
| Altman Z'' | 5.23 | 6.26 | 6.83 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Crane CR | $10.7B | 8.2% | 18.4% | 14.8% | 15.2% | 32.0x | 6 | |
| SPX Technologies SPXC | $8.1B | 14.2% | 15.5% | 10.7% | 13.0% | 28.8x | 8 | Compare β |
| Graco GGG | $10.9B | 5.8% | 27.9% | 28.5% | 25.8% | 21.6x | 4 | Compare β |
| Nordson NDSN | $17.9B | 3.8% | 25.5% | 23.7% | 11.6% | 32.3x | 5 | Compare β |
| RBC Bearings RBC | $15.0B | 14.3% | 22.5% | 18.3% | 8.0% | 46.6x | 6 | Compare β |
5 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | $2.1B | $1.8B | $1.9B | $2.1B | $2.3B |
| Gross profit | $689M | $661M | $751M | $868M | $973M |
| Research and development | $49.5M | $48.3M | $54.8M | $46.1M | $47.8M |
| Operating income | $222M | $5.3M | $250M | $356M | $424M |
| Interest expense | $4.9M | $10.1M | $22.7M | $27.2M | $11.3M |
| Pretax income | $234M | $237M | $233M | $339M | $433M |
| Income tax | $36.3M | $70.1M | $57.2M | $70.3M | $101M |
| Net income | $435M | $401M | $256M | $295M | $367M |
| Diluted EPS | $7.36 | $7.01 | $4.45 | $5.05 | $6.26 |
| Diluted shares | 0.06B | 0.06B | 0.06B | 0.06B | 0.06B |
| Cash flow | |||||
| Cash from operations | $185M | β$499M | $162M | $258M | $395M |
| Capital expenditure | $35.3M | $33.3M | $39.0M | $36.6M | $53.5M |
| Free cash flow | $150M | β$532M | $123M | $221M | $341M |
| Depreciation and amortization | $38.4M | $33.7M | $35.4M | $51.0M | $50.2M |
| Stock-based compensation | $21.7M | $20.9M | $25.8M | $25.6M | $27.2M |
| Acquisitions | $0.0M | $0.0M | $90.5M | $201M | $0.2M |
| Share buybacks | $96.3M | $204M | $0.0M | $0.0M | $0.0M |
| Dividends paid | $101M | $106M | $57.3M | $46.9M | $52.9M |
| Dividends and buybacks | $197M | $310M | $57.3M | $46.9M | $52.9M |
| Balance sheet | |||||
| Cash and short-term investments | $378M | $427M | $330M | $307M | $507M |
| Total debt | β | $400M | $249M | $247M | $1.1B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | β | $1.8B | $1.1B | $1.4B | $2.6B |
| Current liabilities | β | $1.5B | $467M | $543M | $465M |
| Inventory | $0.0M | $294M | $344M | $380M | $377M |
| Property and equipment, net | β | $248M | $245M | $261M | $279M |
| Total assets | β | $4.4B | $2.4B | $2.6B | $3.9B |
| Total liabilities | β | $2.5B | $991M | $1.0B | $1.8B |
| Shareholders' equity | $1.8B | $1.9B | $1.4B | $1.6B | $2.1B |
| Margins | |||||
| Gross margin | 33.4% | 37.2% | 40.3% | 40.7% | 42.2% |
| Operating margin | 10.8% | 0.3% | 13.5% | 16.7% | 18.4% |
| EBITDA margin | 12.6% | 2.2% | 15.4% | 19.1% | 20.6% |
| Net margin | 21.1% | 22.6% | 13.7% | 13.8% | 15.9% |
| FCF margin | 7.3% | β30.0% | 6.6% | 10.4% | 14.8% |
| Returns | |||||
| Return on capital | β | β | 12.0% | 19.7% | 15.2% |
| Return on capital employed | β | β | 10.5% | 17.9% | 15.5% |
| Return on equity | β | β | 15.7% | 19.7% | 19.8% |
| Return on assets | β | β | 7.6% | 11.8% | 11.3% |
| Growth | |||||
| Revenue growth | β | β13.9% | 4.8% | 14.5% | 8.2% |
| Net income growth | β | β7.9% | β36.2% | 15.2% | 24.4% |
| EPS growth | β | β4.8% | β36.5% | 13.5% | 24.0% |
| FCF growth | β | β455.2% | β | 79.7% | 54.3% |
| Share count change | β | β3.4% | 0.5% | 1.4% | 0.5% |
| Financial health | |||||
| Net debt / EBITDA | β | β0.7x | β0.3x | β0.2x | 1.4x |
| Debt / equity | β | 0.2x | 0.2x | 0.2x | 0.6x |
| Interest coverage | 45.2x | 0.5x | 11.0x | 13.1x | 37.5x |
| Current ratio | β | 1.2x | 2.3x | 2.6x | 5.5x |
| Quick ratio | β | 1.0x | 1.6x | 1.9x | 4.7x |
| Capital allocation | |||||
| Capex / revenue | 1.7% | 1.9% | 2.1% | 1.7% | 2.3% |
| Stock comp / revenue | 1.1% | 1.2% | 1.4% | 1.2% | 1.2% |
| Payouts / FCF | 131.4% | β | 46.6% | 21.2% | 15.5% |
| Quality scores | |||||
| Piotroski F-score | β | β | β | 6.0 | 6.0 |
| Altman Z'' | β | 3.3 | 5.2 | 6.3 | 6.8 |
| Accruals ratio | β | β | 2.8% | 1.5% | β0.9% |
Source: SEC EDGAR XBRL filings (CIK 0001944013). Data updated October 12, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.