CRAWA
Crawford United Corporation81.40
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
289.13MP/E (TTM)
16.44Basic EPS (TTM)
4.95Dividend Yield
0%Recent Filings
8-K
Crawford merger at $300M
Crawford United inked a merger deal with SPX Enterprises on December 5, 2025, for $300 million cash—roughly $83.42 per share after debt tweaks. Shareholders holding 72% of votes locked in support, paving a Q1 2026 close pending HSR clearance. Executives snag $1M bonuses if it sticks. Deal locks Crawford as SPX subsidiary.
8-K
Q3 sales up 28.4%
10-Q
Q3 FY2025 results
Crawford United crushed Q3 with sales jumping 28% y/y to $47.2M, fueled by Rahn's $5.0M contribution in Commercial Air Handling, while CAD and Reverso added organic lift. Gross margin expanded to 30.3% from 29.1%, operating income rose 34% y/y to $7.0M, and diluted EPS hit $1.52 from $0.95—reconciles cleanly to 3.6M shares. Acquisitions piled on $3.9M goodwill and $4.1M intangibles (15-year life) from Rahn's January 2025 close for $12.7M cash. Cash sits at $1.9M with $27.4M revolver availability despite $8.3M debt; FCF not disclosed in the 10-Q. Operating cash held steady YTD. Tariffs threaten material costs.
10-Q
Q2 FY2025 results
Crawford United crushed Q2 FY2025 ended June 30, 2025, with sales jumping 24.5% y/y to $46.9M and operating income soaring 43% y/y to $7.3M, while gross margin expanded to 31.0% from 27.7%. Acquisitions fueled the surge: Rahn in Commercial Air Handling (now 47% of sales) added $5.9M sales and $1.1M net income in Q2, alongside AIC's contributions; organic growth came from CAD's higher volumes and pricing. Q/q, sales rose from Q1's implied $43.3M (derived). Operating cash flow hit $7.2M YTD, funding $12.3M Rahn buy (cash, $3.9M goodwill, $4.1M 15-year customer intangibles); $21M revolver availability backs the $14.8M debt pile. EPS tallies cleanly at $1.44 diluted. Tariffs threaten material costs.
8-K
Q2 sales soar 24.5%
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