Crane Company

193.18+1.89 (+0.99%)

Oct 29, 4:00:02 PM EDT · NYSE · CR · USD

Upcoming Earnings

Report date

≈ Jan 27, 2026 (in 89 days)

EPS

1.48 (1.48 ~ 1.48)

Revenue

633.79M (591.80M ~ 675.78M)

Key Stats

Market Cap

11.12B

P/E (TTM)

37.15

Basic EPS (TTM)

5.20

Dividend Yield

Recent Filings

8-K

10/27/25Oct 27, 2025

8-K

Crane secures $1.8B credit for PSI buy

9/30/25Sep 30, 2025

Crane Company secured a $900 million senior unsecured delayed draw term loan and a $900 million revolving facility, both maturing September 30, 2030, to fund its acquisition of Precision Sensors & Instrumentation. The new credit agreement replaces the prior 2023 facility, with interest rates tied to SOFR, EURIBOR, or CORRA plus margins of 1.50% to 2.25% based on leverage. Covenants cap net leverage at 3.75x, increasable to 4.00x post-acquisition, while integration risks loom large.

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

Crane Company posted solid Q2 results, with net sales climbing 9.2% year-over-year to $577.2 million, fueled by 6.5% core growth from pricing and acquisitions adding 1.8%, while operating profit rose 15.2% to $102.9 million on productivity gains and better mix that lifted margins to 17.8%. Aerospace & Electronics surged 11.8% to $258.2 million, driven by demand in commercial and military aftermarket, while Process Flow Technologies grew 7.2% to $319.0 million amid softer chemicals but strength in water and pharma. Diluted EPS from continuing operations hit $1.37, up from $1.14, reconciling neatly with 58.5 million shares. Cash swelled to $332.2 million after repaying $200 million in term debt, leaving the $800 million revolver untapped and covenants intact; the Engineered Materials sale added $213.6 million in inflows. Yet regulatory hurdles could delay the pending $1.15 billion PSI acquisition.

8-K

Crane boosts Q2 earnings, guidance

7/28/25Jul 28, 2025

Crane Company reported Q2 2025 sales of $577.2 million, up 9.2% with 6.5% core growth, and adjusted EPS of $1.49, surging 24%. Aerospace & Electronics drove the momentum, posting 11.8% sales rise and 26.3% operating margin, fueled by 19.6% core order growth. The company raised full-year adjusted EPS guidance to $5.50-$5.80, citing robust backlog and the pending PSI acquisition expected to close year-end. Backlog hit $1.46 billion. Yet economic uncertainty lingers.

8-K

Crane acquires PSI for $1.06B

6/9/25Jun 9, 2025

Crane Company signed a definitive agreement on June 6, 2025, to acquire Precision Sensors & Instrumentation from Baker Hughes for $1,060 million, netting $970 million after $90 million in tax benefits. PSI, with expected 2025 sales of $390 million and adjusted EBITDA of $60 million, bolsters Crane's sensor tech in aerospace, nuclear, and process sectors via brands like Druck and Reuter-Stokes. Closing awaits regulatory nods by end-2025 or early 2026. Integration risks loom large.

About

Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in two segments, Aerospace & Electronics and Process Flow Technologies. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for defense, and space applications and lubrication systems. The Process Flow Technologies segment provides other related products, such as lined pipe, fittings and hoses, vacuum jacketed air operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, vacuum insulated pipe systems, and valve diagnostic and calibration systems; pumps and systems; and commercial valves. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.

CEO

Mr. Max H. Mitchell

IPO

3/29/2023

Website

https://www.craneco.com

Employees

7,500

Sector

Industrials

Industry

Specialty Industrial Machinery