Crane (CR) Financials

$167.01 -0.92 (-0.55%)

Closing price 03:59 PM Eastern

Extended Trading

$167.26 +0.26 (+0.16%)

As of 04:43 PM Eastern

Annual Income Statements for Crane

This table shows Crane's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	435	401	256	295
Consolidated Net Income / (Loss)	435	401	256	295
Net Income / (Loss) Continuing Operations	197	166	176	268
Total Pre-Tax Income	234	237	233	339
Total Operating Income	222	5.30	250	356
Total Gross Profit	689	661	751	868
Total Revenue	2,063	1,777	1,862	2,131
Operating Revenue	2,063	1,777	1,862	2,131
Total Cost of Revenue	1,374	1,116	1,111	1,263
Operating Cost of Revenue	1,374	1,116	1,111	1,263
Total Operating Expenses	467	656	501	512
Selling, General & Admin Expense	467	494	501	512
Other Special Charges / (Income)	0.00	162	0.00	0.00
Total Other Income / (Expense), net	12	231	-17	-17
Interest Expense	4.90	10	23	27
Interest & Investment Income	1.30	3.20	5.10	5.50
Other Income / (Expense), net	16	238	0.30	4.40
Income Tax Expense	36	70	57	70
Net Income / (Loss) Discontinued Operations	238	235	80	27
Basic Earnings per Share	$7.46	$7.11	$4.51	$5.15
Weighted Average Basic Shares Outstanding	58.40M	56.40M	56.70M	57.20M
Diluted Earnings per Share	$7.36	$7.01	$4.45	$5.05
Weighted Average Diluted Shares Outstanding	59.20M	57.20M	57.50M	58.30M
Weighted Average Basic & Diluted Shares Outstanding	-	-	57.03M	57.40M
Cash Dividends to Common per Share	$1.72	$1.88	$1.01	$0.82

This table shows Crane's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-59	152	106	46	55	49	65	72	77	81
Consolidated Net Income / (Loss)	-59	148	106	46	55	49	65	72	77	81
Net Income / (Loss) Continuing Operations	-121	30	56	43	55	22	65	72	77	55
Total Pre-Tax Income	-111	-15	71	57	74	30	82	92	100	65
Total Operating Income	-117	8.60	78	63	76	34	89	97	105	65
Total Gross Profit	169	123	207	201	203	140	221	224	238	185
Total Revenue	480	228	514	510	530	309	565	581	597	388
Operating Revenue	480	228	514	510	530	309	565	581	597	388
Total Cost of Revenue	311	105	307	309	327	169	345	357	359	202
Operating Cost of Revenue	311	105	307	309	327	169	345	357	359	202
Total Operating Expenses	287	114	129	138	127	106	131	127	133	121
Selling, General & Admin Expense	124	114	129	138	127	106	131	127	133	121
Total Other Income / (Expense), net	6.70	-19	-6.20	-5.80	-2.00	-3.30	-7.30	-5.00	-5.10	0.10
Interest Expense	3.00	5.60	6.60	5.30	4.80	6.00	7.20	7.40	7.30	5.30
Interest & Investment Income	1.40	0.90	0.90	0.80	1.50	1.90	1.20	1.30	1.50	1.50
Other Income / (Expense), net	8.30	-15	-0.50	-1.30	1.30	0.80	-1.30	1.10	0.70	3.90
Income Tax Expense	10	-41	15	14	19	8.70	17	20	23	10
Net Income / (Loss) Discontinued Operations	62	-	50	2.30	0.00	28	0.00	0.00	0.00	27
Basic Earnings per Share	($1.06)	$3.57	$1.87	$0.80	$0.97	$0.87	$1.14	$1.25	$1.35	$1.41
Weighted Average Basic Shares Outstanding	56.10M	56.40M	56.50M	56.70M	56.80M	56.70M	57M	57.20M	57.20M	57.20M
Diluted Earnings per Share	($1.06)	$3.53	$1.84	$0.79	$0.96	$0.86	$1.12	$1.23	$1.33	$1.37
Weighted Average Diluted Shares Outstanding	56.10M	57.20M	57.30M	57.40M	57.50M	57.50M	58.10M	58.30M	58.30M	58.30M
Weighted Average Basic & Diluted Shares Outstanding	-	0.00	56.73M	56.77M	56.81M	57.03M	57.16M	57.21M	57.23M	57.40M

This table details how cash moves in and out of Crane's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-72	179	825	-21
Net Cash From Operating Activities	185	-499	162	258
Net Cash From Continuing Operating Activities	185	-499	162	258
Net Income / (Loss) Continuing Operations	197	166	176	268
Depreciation Expense	38	34	35	51
Non-Cash Adjustments To Reconcile Net Income	-81	-667	13	7.60
Changes in Operating Assets and Liabilities, net	30	-32	-62	-69
Net Cash From Investing Activities	18	288	-129	-230
Net Cash From Continuing Investing Activities	18	288	-129	-230
Purchase of Property, Plant & Equipment	-35	-33	-39	-37
Acquisitions	0.00	0.00	-91	-201
Divestitures	0.00	318	0.00	0.00
Other Investing Activities, net	24	3.60	0.70	7.10
Net Cash From Financing Activities	-558	106	-423	-50
Net Cash From Continuing Financing Activities	-558	106	733	-50
Repayment of Debt	-375	0.00	-460	-192
Repurchase of Common Equity	-96	-204	0.00	0.00
Payment of Dividends	-101	-106	-57	-47
Issuance of Debt	0.00	0.00	300	190
Other Financing Activities, net	14	416	950	-0.90
Effect of Exchange Rate Changes	-13	-39	-	-11
Other Net Changes in Cash	295	323	58	12
Cash Interest Paid	2.90	6.50	20	24
Cash Income Taxes Paid	34	61	111	89

This table details how cash moves in and out of Crane's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-212	219	-147	-291	55	1,208	-110	9.90	29	50
Net Cash From Operating Activities	-578	110	-105	-129	268	128	-80	62	82	194
Net Cash From Continuing Operating Activities	-578	110	-105	52	87	128	-80	62	82	194
Net Income / (Loss) Continuing Operations	-121	35	56	43	55	22	65	72	77	55
Depreciation Expense	9.30	3.50	9.20	9.80	9.30	7.10	13	14	14	10
Non-Cash Adjustments To Reconcile Net Income	-420	11	6.90	2.50	0.40	2.70	5.50	1.10	-5.20	6.20
Changes in Operating Assets and Liabilities, net	-46	61	-177	-185	203	97	-163	-25	-4.30	123
Net Cash From Investing Activities	-3.20	-5.20	-8.70	-12	-8.30	-100	-115	-63	-4.50	-48
Net Cash From Continuing Investing Activities	-3.20	-5.20	-8.70	-12	-8.30	-100	-115	-63	-4.50	-48
Purchase of Property, Plant & Equipment	-7.00	-8.80	-8.90	-12	-9.20	-9.30	-9.10	-7.40	-9.00	-11
Acquisitions	-	-	0.00	-	-	-91	-106	-61	4.60	-39
Other Investing Activities, net	-	3.60	0.20	-0.50	0.90	0.10	0.20	5.50	-0.10	1.50
Net Cash From Financing Activities	255	-13	-68	-328	-20	-7.50	88	12	-55	-94
Net Cash From Continuing Financing Activities	255	-13	-68	-113	-235	1,149	88	12	-55	-94
Repayment of Debt	-	-	-404	-40	-12	-3.30	-32	-30	-45	-85
Payment of Dividends	-26	-26	-27	-10	-10	-10	-12	-12	-12	-12
Other Financing Activities, net	401	13	363	-	-	1,162	-8.50	3.40	1.60	2.60
Effect of Exchange Rate Changes	-32	23	4.00	-3.80	-3.60	-	-3.70	-1.20	6.80	-13
Cash Interest Paid	8.90	-23	7.00	3.20	4.60	5.50	5.80	7.00	6.50	5.10
Cash Income Taxes Paid	43	-57	34	25	21	31	20	41	18	10

This table presents Crane's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	4,392	2,351	2,642
Total Current Assets	1,752	1,091	1,403
Cash & Equivalents	427	330	307
Accounts Receivable	270	298	339
Inventories, net	294	344	380
Other Current Assets	135	100	159
Other Current Nonoperating Assets	626	19	218
Plant, Property, & Equipment, net	248	245	261
Total Noncurrent Assets	2,391	1,016	977
Goodwill	691	576	662
Intangible Assets	72	87	160
Noncurrent Deferred & Refundable Income Taxes	3.10	21	11
Other Noncurrent Operating Assets	121	133	145
Other Noncurrent Nonoperating Assets	1,505	199	0.00
Total Liabilities & Shareholders' Equity	4,392	2,351	2,642
Total Liabilities	2,488	991	1,001
Total Current Liabilities	1,488	467	543
Accounts Payable	179	157	188
Accrued Expenses	261	261	303
Current Deferred & Payable Income Tax Liabilities	34	14	7.90
Other Current Nonoperating Liabilities	615	35	44
Total Noncurrent Liabilities	999	524	458
Long-Term Debt	0.00	249	247
Noncurrent Deferred & Payable Income Tax Liabilities	55	36	35
Noncurrent Employee Benefit Liabilities	132	115	70
Other Noncurrent Operating Liabilities	85	105	106
Other Noncurrent Nonoperating Liabilities	727	19	0.00
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,904	1,360	1,641
Total Preferred & Common Equity	1,901	1,358	1,639
Total Common Equity	1,901	1,358	1,639
Common Stock	446	455	483
Retained Earnings	2,823	961	1,218
Accumulated Other Comprehensive Income / (Loss)	-503	-58	-62
Noncontrolling Interest	2.60	2.50	2.30

This table presents Crane's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,232	2,179	2,192	2,418	2,507	2,652
Total Current Assets	1,088	1,034	1,059	1,072	1,109	1,245
Cash & Equivalents	292	219	274	219	229	258
Accounts Receivable	316	300	324	356	371	396
Inventories, net	668	361	351	384	390	398
Other Current Assets	146	154	111	113	119	192
Plant, Property, & Equipment, net	250	254	253	274	274	277
Plant, Property & Equipment, gross	740	751	751	773	779	793
Accumulated Depreciation	490	497	498	498	505	516
Total Noncurrent Assets	894	891	880	1,072	1,124	1,130
Goodwill	693	694	689	792	824	828
Intangible Assets	71	69	67	138	156	153
Noncurrent Deferred & Refundable Income Taxes	3.10	3.50	4.10	2.50	2.50	2.50
Other Noncurrent Operating Assets	127	124	119	140	141	147
Total Liabilities & Shareholders' Equity	2,232	2,179	2,192	2,418	2,507	2,652
Total Liabilities	669	942	905	1,011	1,031	1,075
Total Current Liabilities	381	401	416	493	521	572
Short-Term Debt	0.00	0.00	0.00	110	130	85
Accounts Payable	153	159	151	156	157	170
Accrued Expenses	216	231	238	214	229	313
Current Deferred & Payable Income Tax Liabilities	13	11	27	12	3.90	4.10
Total Noncurrent Liabilities	288	540	490	519	510	503
Long-Term Debt	0.00	262	250	247	247	247
Noncurrent Deferred & Payable Income Tax Liabilities	48	53	30	49	49	52
Noncurrent Employee Benefit Liabilities	134	126	112	111	102	90
Other Noncurrent Operating Liabilities	106	98	98	113	112	114
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,563	1,238	1,287	1,407	1,476	1,577
Total Preferred & Common Equity	1,560	1,235	1,284	1,405	1,473	1,574
Total Common Equity	1,560	1,235	1,284	1,405	1,473	1,574
Common Stock	0.00	437	445	458	467	475
Retained Earnings	1,920	868	922	1,014	1,074	1,139
Accumulated Other Comprehensive Income / (Loss)	-360	-70	-82	-67	-68	-39
Noncontrolling Interest	2.50	2.40	2.40	2.40	2.40	2.50

This table displays calculated financial ratios and metrics derived from Crane's official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	-13.87%	4.81%	14.45%
EBITDA Growth	0.00%	0.51%	3.25%	43.73%
EBIT Growth	0.00%	2.57%	3.00%	43.68%
NOPAT Growth	0.00%	-98.01%	4,967.10%	49.19%
Net Income Growth	0.00%	-7.88%	-36.20%	15.16%
EPS Growth	0.00%	-4.76%	-36.52%	13.48%
Operating Cash Flow Growth	0.00%	-369.48%	132.50%	59.04%
Free Cash Flow Firm Growth	0.00%	0.00%	114.83%	-106.22%
Invested Capital Growth	0.00%	0.00%	2.59%	26.17%
Revenue Q/Q Growth	0.00%	0.00%	-8.69%	-6.39%
EBITDA Q/Q Growth	0.00%	0.00%	1.17%	-0.07%
EBIT Q/Q Growth	0.00%	0.00%	2.24%	0.08%
NOPAT Q/Q Growth	0.00%	0.00%	-12.20%	1.10%
Net Income Q/Q Growth	0.00%	0.00%	-27.83%	12.01%
EPS Q/Q Growth	0.00%	0.00%	-37.50%	11.23%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-4.76%	15.35%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	90.81%
Invested Capital Q/Q Growth	0.00%	0.00%	-11.67%	-14.73%
Profitability Metrics	-	-	-	-
Gross Margin	33.39%	37.22%	40.33%	40.72%
EBITDA Margin	13.36%	15.60%	15.36%	19.29%
Operating Margin	10.75%	0.30%	13.45%	16.69%
EBIT Margin	11.50%	13.70%	13.46%	16.90%
Profit (Net Income) Margin	21.11%	22.58%	13.74%	13.83%
Tax Burden Percent	186.31%	169.60%	109.78%	87.06%
Interest Burden Percent	98.48%	97.17%	92.98%	93.98%
Effective Tax Rate	15.53%	29.64%	24.54%	20.77%
Return on Invested Capital (ROIC)	0.00%	0.69%	17.15%	22.35%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-96.64%	4.54%	17.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	41.45%	-1.48%	-2.71%
Return on Equity (ROE)	0.00%	42.13%	15.68%	19.64%
Cash Return on Invested Capital (CROIC)	0.00%	-199.31%	14.59%	-0.79%
Operating Return on Assets (OROA)	0.00%	5.54%	7.44%	14.43%
Return on Assets (ROA)	0.00%	9.13%	7.59%	11.80%
Return on Common Equity (ROCE)	0.00%	42.07%	15.65%	19.61%
Return on Equity Simple (ROE_SIMPLE)	0.00%	21.10%	18.85%	17.98%
Net Operating Profit after Tax (NOPAT)	187	3.73	189	282
NOPAT Margin	9.08%	0.21%	10.15%	13.23%
Net Nonoperating Expense Percent (NNEP)	0.00%	97.32%	12.62%	5.35%
Return On Investment Capital (ROIC_SIMPLE)	-	0.16%	11.75%	14.93%
Cost of Revenue to Revenue	66.61%	62.78%	59.67%	59.28%
SG&A Expenses to Revenue	22.64%	27.78%	26.88%	24.02%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.64%	36.92%	26.88%	24.02%
Earnings before Interest and Taxes (EBIT)	237	243	251	360
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	276	277	286	411
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	4.91	5.29
Price to Tangible Book Value (P/TBV)	0.00	0.00	9.60	10.61
Price to Revenue (P/Rev)	0.00	0.00	3.58	4.07
Price to Earnings (P/E)	0.00	0.00	26.05	29.43
Dividend Yield	1.68%	0.00%	0.46%	0.54%
Earnings Yield	0.00%	0.00%	3.84%	3.40%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	5.90	6.12
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	3.54	4.04
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	23.02	20.95
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	26.28	23.92
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	34.86	30.56
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	40.64	33.42
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	40.98	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.21	0.18	0.15
Long-Term Debt to Equity	0.00	0.00	0.18	0.15
Financial Leverage	0.00	-0.43	-0.33	-0.16
Leverage Ratio	0.00	2.31	2.07	1.66
Compound Leverage Factor	0.00	2.24	1.92	1.56
Debt to Total Capital	0.00%	17.35%	15.45%	13.08%
Short-Term Debt to Total Capital	0.00%	17.35%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	15.45%	13.08%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.11%	0.16%	0.12%
Common Equity to Total Capital	0.00%	82.54%	84.40%	86.80%
Debt to EBITDA	0.00	1.44	0.87	0.60
Net Debt to EBITDA	0.00	-0.10	-0.28	-0.15
Long-Term Debt to EBITDA	0.00	0.00	0.87	0.60
Debt to NOPAT	0.00	107.16	1.32	0.88
Net Debt to NOPAT	0.00	-7.35	-0.43	-0.21
Long-Term Debt to NOPAT	0.00	0.00	1.32	0.88
Altman Z-Score	0.00	0.00	6.07	7.49
Noncontrolling Interest Sharing Ratio	0.00%	0.14%	0.16%	0.16%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.18	2.34	2.58
Quick Ratio	0.00	0.47	1.34	1.19
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,084	161	-9.99
Operating Cash Flow to CapEx	524.36%	-1,497.90%	415.64%	704.37%
Free Cash Flow to Firm to Interest Expense	0.00	-107.29	7.08	-0.37
Operating Cash Flow to Interest Expense	37.78	-49.39	7.14	9.48
Operating Cash Flow Less CapEx to Interest Expense	30.57	-52.68	5.42	8.13
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.40	0.55	0.85
Accounts Receivable Turnover	0.00	6.59	6.56	6.69
Inventory Turnover	0.00	3.79	3.48	3.49
Fixed Asset Turnover	0.00	7.16	7.56	8.43
Accounts Payable Turnover	0.00	6.22	6.61	7.32
Days Sales Outstanding (DSO)	0.00	55.41	55.61	54.53
Days Inventory Outstanding (DIO)	0.00	96.26	104.81	104.63
Days Payable Outstanding (DPO)	0.00	58.64	55.21	49.85
Cash Conversion Cycle (CCC)	0.00	93.04	105.21	109.31
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	1,087	1,116	1,408
Invested Capital Turnover	0.00	3.27	1.69	1.69
Increase / (Decrease) in Invested Capital	0.00	1,087	28	292
Enterprise Value (EV)	0.00	0.00	6,587	8,615
Market Capitalization	0.00	0.00	6,666	8,673
Book Value per Share	$0.00	$33.71	$23.90	$28.63
Tangible Book Value per Share	$0.00	$20.19	$12.22	$14.28
Total Capital	0.00	2,304	1,609	1,888
Total Debt	0.00	400	249	247
Total Long-Term Debt	0.00	0.00	249	247
Net Debt	0.00	-27	-81	-60
Capital Expenditures (CapEx)	35	33	39	37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	236	294	553
Debt-free Net Working Capital (DFNWC)	0.00	663	624	860
Net Working Capital (NWC)	0.00	264	624	860
Net Nonoperating Expense (NNE)	-248	-397	-67	-13
Net Nonoperating Obligations (NNO)	0.00	-817	-245	-234
Total Depreciation and Amortization (D&A)	38	34	35	51
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	13.30%	15.79%	25.95%
Debt-free Net Working Capital to Revenue	0.00%	37.33%	33.49%	40.34%
Net Working Capital to Revenue	0.00%	14.84%	33.49%	40.34%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$4.51	$5.15
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	56.70M	57.20M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$4.45	$5.05
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	57.50M	58.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	57.03M	57.40M
Normalized Net Operating Profit after Tax (NOPAT)	187	118	189	282
Normalized NOPAT Margin	9.08%	6.64%	10.15%	13.23%
Pre Tax Income Margin	11.33%	13.31%	12.52%	15.88%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	48.43	24.10	11.04	13.24
NOPAT to Interest Expense	38.22	0.37	8.32	10.36
EBIT Less CapEx to Interest Expense	41.22	20.80	9.33	11.90
NOPAT Less CapEx to Interest Expense	31.01	-2.93	6.61	9.02
Payout Ratios	-	-	-	-
Dividend Payout Ratio	23.11%	26.40%	22.39%	15.91%
Augmented Payout Ratio	45.22%	77.19%	22.39%	15.91%

This table displays calculated financial ratios and metrics derived from Crane's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	-4.66%	-3.90%	10.44%	35.65%	10.02%	14.05%	12.66%	25.57%
EBITDA Growth	0.00%	0.00%	5.51%	-75.94%	187.25%	1,692.31%	17.17%	55.73%	37.86%	90.58%
EBIT Growth	0.00%	0.00%	5.48%	-78.35%	171.26%	662.30%	14.42%	58.09%	36.47%	99.71%
NOPAT Growth	0.00%	0.00%	22.07%	50.63%	169.10%	296.17%	16.13%	58.36%	43.31%	128.16%
Net Income Growth	0.00%	0.00%	95.38%	-82.34%	193.09%	-66.64%	-38.69%	57.02%	40.04%	63.97%
EPS Growth	0.00%	0.00%	0.00%	-82.60%	190.57%	-75.64%	-39.13%	55.70%	38.54%	59.30%
Operating Cash Flow Growth	0.00%	0.00%	-41.86%	-395.87%	146.43%	16.86%	24.19%	148.06%	-69.55%	51.33%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	108.49%	78.37%	74.60%	-5,358.58%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	2.59%	-3.78%	26.72%	30.69%	26.17%
Revenue Q/Q Growth	-9.49%	-52.60%	5.76%	-0.82%	4.02%	-41.78%	6.08%	2.81%	2.75%	-35.11%
EBITDA Q/Q Growth	-133.47%	97.39%	126.25%	-16.94%	21.37%	-52.36%	28.66%	10.40%	7.44%	-34.14%
EBIT Q/Q Growth	-138.16%	94.40%	167.36%	-19.74%	25.57%	-55.80%	29.18%	10.90%	8.39%	-35.32%
NOPAT Q/Q Growth	-359.16%	107.34%	-5.39%	-21.52%	18.88%	-57.93%	36.86%	7.01%	7.59%	-33.02%
Net Income Q/Q Growth	-122.97%	349.75%	-28.63%	-56.86%	21.05%	-10.51%	31.17%	10.49%	7.96%	4.79%
EPS Q/Q Growth	-123.35%	433.02%	-47.88%	-57.07%	21.52%	-10.42%	30.23%	9.82%	8.13%	3.01%
Operating Cash Flow Q/Q Growth	-1,425.23%	118.99%	-177.33%	-22.39%	307.98%	-52.22%	-150.03%	177.60%	31.77%	137.45%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	20.13%	2.19%	99.64%	193.53%	-303.41%	-14.83%	22.48%
Invested Capital Q/Q Growth	0.00%	0.00%	47.60%	-20.19%	-1.41%	-11.67%	20.73%	5.11%	1.68%	-14.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.27%	53.85%	40.27%	39.46%	38.33%	45.30%	39.01%	38.52%	39.85%	47.85%
EBITDA Margin	-20.75%	-1.14%	16.78%	14.05%	16.39%	13.42%	17.87%	19.18%	20.06%	20.36%
Operating Margin	-24.42%	3.78%	15.08%	12.38%	14.39%	10.86%	15.81%	16.62%	17.62%	16.67%
EBIT Margin	-22.69%	-2.68%	14.99%	12.13%	14.64%	11.11%	15.58%	16.81%	17.73%	17.68%
Profit (Net Income) Margin	-12.35%	65.10%	20.57%	8.95%	10.41%	16.01%	11.46%	12.32%	12.94%	20.90%
Tax Burden Percent	53.67%	-1,021.38%	148.25%	79.58%	74.29%	163.58%	78.93%	78.17%	77.22%	125.19%
Interest Burden Percent	101.47%	237.70%	92.60%	92.72%	95.75%	88.05%	93.19%	93.76%	94.52%	94.45%
Effective Tax Rate	0.00%	0.00%	21.60%	24.43%	25.71%	28.81%	21.07%	21.83%	22.78%	15.77%
Return on Invested Capital (ROIC)	0.00%	4.32%	29.62%	29.06%	34.53%	13.06%	16.95%	19.77%	21.26%	23.72%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-13.08%	243.11%	19.46%	47.18%	8.25%	10.53%	15.68%	5.57%	12.60%
Return on Net Nonoperating Assets (RNNOA)	0.00%	5.61%	6.55%	0.68%	-0.86%	-2.68%	0.64%	1.10%	0.10%	-2.01%
Return on Equity (ROE)	0.00%	9.93%	36.17%	29.74%	33.67%	10.38%	17.58%	20.87%	21.36%	21.71%
Cash Return on Invested Capital (CROIC)	0.00%	-99.66%	0.00%	0.00%	0.00%	14.59%	18.23%	-6.07%	-7.47%	-0.79%
Operating Return on Assets (OROA)	0.00%	-1.08%	13.50%	11.07%	13.62%	6.14%	14.33%	15.85%	16.67%	15.09%
Return on Assets (ROA)	0.00%	26.34%	18.53%	8.17%	9.69%	8.84%	10.54%	11.62%	12.17%	17.84%
Return on Common Equity (ROCE)	0.00%	9.92%	36.11%	29.68%	33.61%	10.37%	17.55%	20.83%	21.32%	21.68%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	29.01%	19.44%	27.61%	0.00%	15.31%	16.36%	16.71%	0.00%
Net Operating Profit after Tax (NOPAT)	-82	6.02	61	48	57	24	71	76	81	54
NOPAT Margin	-17.09%	2.65%	11.83%	9.36%	10.69%	7.73%	12.48%	12.99%	13.60%	14.04%
Net Nonoperating Expense Percent (NNEP)	0.00%	17.40%	-213.49%	9.60%	-12.65%	4.82%	6.42%	4.09%	15.69%	11.12%
Return On Investment Capital (ROIC_SIMPLE)	-	0.26%	-	-	-	1.48%	-	-	-	2.88%
Cost of Revenue to Revenue	64.73%	46.15%	59.73%	60.54%	61.67%	54.70%	60.99%	61.48%	60.15%	52.15%
SG&A Expenses to Revenue	25.85%	50.07%	25.18%	27.08%	23.94%	34.45%	23.19%	21.90%	22.24%	31.17%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	59.69%	50.07%	25.18%	27.08%	23.94%	34.45%	23.19%	21.90%	22.24%	31.17%
Earnings before Interest and Taxes (EBIT)	-109	-6.10	77	62	78	34	88	98	106	69
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-100	-2.60	86	72	87	41	101	112	120	79
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	4.07	3.90	4.91	5.46	5.62	5.75	5.29
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	10.65	9.51	9.60	16.13	16.80	15.24	10.61
Price to Revenue (P/Rev)	0.00	0.00	0.00	2.52	2.46	3.58	3.59	3.75	3.98	4.07
Price to Earnings (P/E)	0.00	0.00	0.00	20.60	13.99	26.05	35.66	34.38	34.42	29.43
Dividend Yield	0.00%	0.00%	0.00%	0.20%	0.41%	0.46%	0.55%	0.53%	0.50%	0.54%
Earnings Yield	0.00%	0.00%	0.00%	4.86%	7.15%	3.84%	2.80%	2.91%	2.91%	3.40%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	3.96	3.95	5.90	5.05	5.20	5.53	6.12
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	2.55	2.45	3.54	3.65	3.82	4.01	4.04
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	52.62	17.65	23.02	23.05	22.28	22.19	20.95
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	86.33	20.36	26.28	26.40	25.44	25.37	23.92
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	299.01	23.20	34.86	34.48	33.19	32.75	30.56
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	29.33	40.64	35.63	20.57	40.86	33.42
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	40.98	27.20	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.21	0.00	0.21	0.19	0.18	0.25	0.26	0.21	0.15
Long-Term Debt to Equity	0.00	0.00	0.00	0.21	0.19	0.18	0.18	0.17	0.16	0.15
Financial Leverage	0.00	-0.43	0.03	0.04	-0.02	-0.33	0.06	0.07	0.02	-0.16
Leverage Ratio	0.00	2.31	1.43	1.76	1.70	2.07	1.57	1.73	1.69	1.66
Compound Leverage Factor	0.00	5.48	1.32	1.63	1.63	1.82	1.46	1.62	1.60	1.57
Debt to Total Capital	0.00%	17.35%	0.00%	17.49%	16.29%	15.45%	20.23%	20.34%	17.39%	13.08%
Short-Term Debt to Total Capital	0.00%	17.35%	0.00%	0.00%	0.00%	0.00%	6.24%	7.02%	4.45%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	17.49%	16.29%	15.45%	13.99%	13.33%	12.93%	13.08%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.11%	0.16%	0.16%	0.16%	0.16%	0.14%	0.13%	0.13%	0.12%
Common Equity to Total Capital	0.00%	82.54%	99.84%	82.35%	83.56%	84.40%	79.63%	79.53%	82.48%	86.80%
Debt to EBITDA	0.00	1.44	0.00	2.72	0.89	0.87	1.05	1.00	0.81	0.60
Net Debt to EBITDA	0.00	-0.10	0.00	0.45	-0.08	-0.28	0.41	0.39	0.18	-0.15
Long-Term Debt to EBITDA	0.00	0.00	0.00	2.72	0.89	0.87	0.73	0.65	0.60	0.60
Debt to NOPAT	0.00	107.16	0.00	15.48	1.16	1.32	1.58	1.48	1.19	0.88
Net Debt to NOPAT	0.00	-7.35	0.00	2.56	-0.11	-0.43	0.61	0.58	0.26	-0.21
Long-Term Debt to NOPAT	0.00	0.00	0.00	15.48	1.16	1.32	1.09	0.97	0.89	0.88
Altman Z-Score	0.00	0.00	0.00	5.11	5.31	5.77	6.43	6.71	6.95	7.13
Noncontrolling Interest Sharing Ratio	0.00%	0.14%	0.16%	0.19%	0.19%	0.16%	0.17%	0.18%	0.17%	0.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.18	2.86	2.58	2.55	2.34	2.18	2.13	2.18	2.58
Quick Ratio	0.00	0.47	1.60	1.29	1.44	1.34	1.17	1.15	1.14	1.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	-1,544	-1,233	-1,206	-4.35	131	-267	-306	-237
Operating Cash Flow to CapEx	-8,254.29%	1,246.59%	-1,184.27%	-1,112.07%	2,916.30%	1,378.49%	-878.02%	837.84%	907.78%	1,747.75%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-233.98	-232.70	-251.32	-0.73	18.22	-36.05	-41.97	-44.81
Operating Cash Flow to Interest Expense	-192.60	19.59	-15.97	-24.34	55.90	21.37	-11.10	8.38	11.19	36.60
Operating Cash Flow Less CapEx to Interest Expense	-194.93	18.02	-17.32	-26.53	53.98	19.82	-12.36	7.38	9.96	34.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.40	0.90	0.91	0.93	0.55	0.92	0.94	0.94	0.85
Accounts Receivable Turnover	0.00	6.59	6.37	6.64	6.30	6.56	6.36	6.59	6.33	6.69
Inventory Turnover	0.00	3.79	1.92	3.43	3.57	3.48	2.51	3.65	3.74	3.49
Fixed Asset Turnover	0.00	7.16	8.04	7.83	8.05	7.56	8.15	8.37	8.58	8.43
Accounts Payable Turnover	0.00	6.22	8.39	7.79	8.33	6.61	8.55	8.65	8.75	7.32
Days Sales Outstanding (DSO)	0.00	55.41	57.31	54.99	57.90	55.61	57.36	55.39	57.69	54.53
Days Inventory Outstanding (DIO)	0.00	96.26	190.35	106.46	102.20	104.81	145.52	100.10	97.61	104.63
Days Payable Outstanding (DPO)	0.00	58.64	43.50	46.86	43.83	55.21	42.70	42.18	41.72	49.85
Cash Conversion Cycle (CCC)	0.00	93.04	204.16	114.60	116.27	105.21	160.18	113.31	113.58	109.31
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,087	1,605	1,281	1,263	1,116	1,544	1,623	1,651	1,408
Invested Capital Turnover	0.00	1.63	2.50	3.11	3.23	1.69	1.36	1.52	1.56	1.69
Increase / (Decrease) in Invested Capital	0.00	0.00	1,605	1,281	1,263	28	-61	342	388	292
Enterprise Value (EV)	0.00	0.00	0.00	5,067	4,992	6,587	7,807	8,437	9,131	8,615
Market Capitalization	0.00	0.00	0.00	5,022	5,013	6,666	7,667	8,287	9,055	8,673
Book Value per Share	$0.00	$33.71	$27.62	$21.77	$22.62	$23.90	$24.64	$25.78	$27.52	$28.63
Tangible Book Value per Share	$0.00	$20.19	$14.10	$8.31	$9.29	$12.22	$8.34	$8.63	$10.38	$14.28
Total Capital	0.00	2,304	1,563	1,500	1,537	1,609	1,764	1,853	1,909	1,888
Total Debt	0.00	400	0.00	262	250	249	357	377	332	247
Total Long-Term Debt	0.00	0.00	0.00	262	250	249	247	247	247	247
Net Debt	0.00	-27	-292	43	-24	-81	137	148	74	-60
Capital Expenditures (CapEx)	7.00	8.80	8.90	12	9.20	9.30	9.10	7.40	9.00	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	236	415	414	369	294	470	489	500	553
Debt-free Net Working Capital (DFNWC)	0.00	663	707	633	643	624	689	719	758	860
Net Working Capital (NWC)	0.00	264	707	633	643	624	579	589	673	860
Net Nonoperating Expense (NNE)	-23	-142	-45	2.08	1.49	-26	5.76	3.91	3.94	-27
Net Nonoperating Obligations (NNO)	0.00	-817	42	43	-24	-245	137	148	74	-234
Total Depreciation and Amortization (D&A)	9.30	3.50	9.20	9.80	9.30	7.10	13	14	14	10
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	13.30%	20.64%	20.80%	18.11%	15.79%	21.98%	22.15%	21.94%	25.95%
Debt-free Net Working Capital to Revenue	0.00%	37.33%	35.17%	31.81%	31.54%	33.49%	32.25%	32.52%	33.28%	40.34%
Net Working Capital to Revenue	0.00%	14.84%	35.17%	31.81%	31.54%	33.49%	27.10%	26.64%	29.55%	40.34%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$3.57	$1.87	$0.80	$0.97	$0.87	$1.14	$1.25	$1.35	$1.41
Adjusted Weighted Average Basic Shares Outstanding	0.00	56.40M	56.50M	56.70M	56.80M	56.70M	57M	57.20M	57.20M	57.20M
Adjusted Diluted Earnings per Share	$0.00	$3.53	$1.84	$0.79	$0.96	$0.86	$1.12	$1.23	$1.33	$1.37
Adjusted Weighted Average Diluted Shares Outstanding	0.00	57.20M	57.30M	57.40M	57.50M	57.50M	58.10M	58.30M	58.30M	58.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	56.73M	56.77M	56.81M	57.03M	57.16M	57.21M	57.23M	57.40M
Normalized Net Operating Profit after Tax (NOPAT)	32	6.02	61	48	57	24	71	76	81	54
Normalized NOPAT Margin	6.59%	2.65%	11.83%	9.36%	10.69%	7.73%	12.48%	12.99%	13.60%	14.04%
Pre Tax Income Margin	-23.02%	-6.37%	13.88%	11.24%	14.02%	9.79%	14.52%	15.76%	16.76%	16.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-36.30	-1.09	11.67	11.66	16.17	5.72	12.24	13.20	14.51	12.92
NOPAT to Interest Expense	-27.35	1.08	9.21	9.00	11.81	3.97	9.80	10.20	11.13	10.27
EBIT Less CapEx to Interest Expense	-38.63	-2.66	10.32	9.47	14.25	4.17	10.97	12.20	13.27	10.83
NOPAT Less CapEx to Interest Expense	-29.68	-0.50	7.86	6.81	9.89	2.42	8.54	9.20	9.90	8.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	26.40%	29.27%	37.32%	20.70%	22.39%	19.72%	18.22%	17.26%	15.91%
Augmented Payout Ratio	0.00%	77.19%	29.27%	37.32%	20.70%	22.39%	19.72%	18.22%	17.26%	15.91%

Frequently Asked Questions About Crane's Financials

When does Crane's financial year end?

According to the most recent income statement we have on file, Crane's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Crane's net income changed over the last 3 years?

Crane's net income appears to be on a downward trend, with a most recent value of $294.70 million in 2024, falling from $435.40 million in 2021. The previous period was $255.90 million in 2023. Check out Crane's forecast to explore projected trends and price targets.

What is Crane's operating income?

Crane's total operating income in 2024 was $355.80 million, based on the following breakdown:

Total Gross Profit: $867.80 million
Total Operating Expenses: $512 million

How has Crane revenue changed over the last 3 years?

Over the last 3 years, Crane's total revenue changed from $2.06 billion in 2021 to $2.13 billion in 2024, a change of 3.3%.

How much debt does Crane have?

Crane's total liabilities were at $1.00 billion at the end of 2024, a 1.0% increase from 2023, and a 59.8% decrease since 2022.

How much cash does Crane have?

In the past 2 years, Crane's cash and equivalents has ranged from $306.70 million in 2024 to $427 million in 2022, and is currently $306.70 million as of their latest financial filing in 2024.

How has Crane's book value per share changed over the last 3 years?

Over the last 3 years, Crane's book value per share changed from 0.00 in 2021 to 28.63 in 2024, a change of 2,863.3%.

Related Companies

This page (NYSE:CR) was last updated on 5/5/2025 by MarketBeat.com Staff

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