Crane (CR) Company Report

Crane Company reported Q3 2025 adjusted EPS of $1.64, driven by an impressive 5.6% core sales growth.
The company raised and narrowed its full-year 2025 adjusted earnings outlook to a range of $5.75 to $5.95 (from a prior view of $5.50 to $5.80), reflecting 20% adjusted EPS growth at the midpoint compared to 2024.
The pending acquisition of Precision Sensors & Instrumentation from Baker Hughes remains on track to close at year-end (January 1).
For the full year 2025, Aerospace & Electronics' core sales growth is now anticipated to be up low double digits, while Process Flow Technologies' core growth is expected to fall at the lower end of its low to mid-single-digit range.
Crane Company's pipeline of acquisitions remains robust, with opportunities in both Aerospace & Electronics and Process Flow Technologies, largely ranging from $100 million to $500 million in deal size.

Oct 28, 2025, 2:00 PM

Transcript

Crane Company Reports Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

M&A

Crane Company reported strong Q3 2025 results with adjusted EPS of $1.64 and 5.6% core sales growth.
The company raised and narrowed its full-year 2025 adjusted earnings outlook to a range of $5.75 to $5.95, reflecting 20% adjusted EPS growth at the midpoint compared to 2024.
The pending acquisition of Precision Sensors & Instrumentation from Baker Hughes remains on track to close at year-end (January 1) and is expected to be accretive to Crane's financial profile within the next few years.
The Aerospace & Electronics segment experienced a 13% sales increase in Q3 and achieved a record backlog of over $1 billion, up 27% year over year.

Oct 28, 2025, 2:00 PM

Transcript

Crane Company Reports Strong Q3 2025 Results and Raises Full-Year EPS Guidance

Earnings

Guidance Update

M&A

Crane Company reported adjusted EPS of $1.64 and 5.6% core sales growth for Q3 2025.
The company raised and narrowed its full-year 2025 adjusted EPS outlook to $5.75-$5.95, representing 20% growth at the midpoint compared to 2024.
The acquisition of Precision Sensors & Instrumentation (PSI) is on track to close by January 1, expected to be accretive to Crane's financial profile within the next few years.
In Q3 2025, the Aerospace & Electronics segment saw sales increase 13% to $270 million and its backlog grow 27% year-over-year to over $1 billion. Process Flow Technologies reported sales of $319 million, up 3%.

Oct 28, 2025, 2:00 PM

Transcript

CRANE Announces Strong Q3 2025 Results and Raises Full-Year 2025 Guidance

Earnings

Guidance Update

Revenue Acceleration/Inflection

CRANE reported Q3 2025 sales of $589.2 million, an increase of 7.5% compared to Q3 2024, with GAAP earnings per share of $1.56, up 24.8%.
The company's Aerospace & Electronics segment demonstrated strong performance in Q3 2025, with sales growing 13.0% to $270.2 million and a backlog of $1,054.1 million.
CRANE updated its full-year 2025 guidance, raising the revenue outlook to $2,285 - $2,300 million and adjusted EPS to $5.75 - $5.95.

Oct 28, 2025, 2:00 PM

Presentation

Crane Co Raises FY25 Revenue Growth Forecast and Reports Strong Q3 2025 Results

Guidance Update

Earnings

Revenue Acceleration/Inflection

Crane Co raised its fiscal year 2025 revenue growth forecast from 6.5% to 7.5%.
For Q3 2025, the company reported revenue of $589.2 million, a 7.5% increase year-over-year, and adjusted EPS of $1.64, which was 10.3% above analyst expectations.
The company maintains a strong balance sheet with no outstanding debt and a cash balance of $388.2 million as of Q3 2025.
Insider selling activity of 49,807 shares over the past three months was noted.

Oct 27, 2025, 9:27 PM

Morningstar

Crane Company Reports Strong Q3 2025 Results and Raises Full-Year EPS Guidance

Earnings

Guidance Update

Dividends

Crane Company reported strong Q3 2025 results, with adjusted EPS from continuing operations of $1.64, up 27% year-over-year, and sales of $589.2 million, up 7.5% driven by 5.6% core sales growth.
The company raised and narrowed its full-year adjusted EPS outlook to $5.75-$5.95 (from $5.50-$5.80), reflecting 20% year-over-year adjusted EPS growth at the midpoint.
Core order growth was 1.8% and core backlog increased by 16.4%, primarily due to ongoing strength at Aerospace & Electronics.
Crane declared a fourth quarter 2025 regular dividend of $0.23 per share and reported a cash balance of $388.2 million with no debt outstanding as of September 30, 2025. The pending acquisition of Precision Sensors & Instrumentation (PSI) remains on track to close at year-end, with financing secured through new credit facilities.

Oct 27, 2025, 8:36 PM

8-K

Crane Company Reports Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

M&A

Crane Company reported strong third-quarter 2025 adjusted EPS of $1.64, a 27% increase year-over-year, on sales of $589.2 million, up 7.5%.
The company raised and narrowed its full-year adjusted EPS guidance range to $5.75-$5.95 from the prior range of $5.50-$5.80, reflecting 20% year-over-year adjusted EPS growth at the midpoint.
Core order growth was up 1.8% and core backlog growth increased 16.4%, primarily driven by ongoing strength in Aerospace & Electronics.
Crane declared a fourth-quarter 2025 regular dividend of $0.23 per share and noted its pending acquisition of Precision Sensors & Instrumentation (PSI) is on track to close at year-end.

Oct 27, 2025, 8:15 PM

Press Release

Crane Company Enters New Credit Agreement

Debt Issuance

M&A

On September 30, 2025, Crane Company entered into a new credit agreement, replacing its previous agreement dated March 17, 2023.
The new agreement includes a $900 million senior unsecured delayed draw term loan facility and a $900 million senior unsecured revolving facility, both maturing on September 30, 2030.
The term loan facility is intended to fund the previously announced acquisition of Precision Sensors & Instrumentation.
Borrowings will bear interest based on various rates (alternate base rate, term SOFR, adjusted EURIBOR, adjusted CORRA) plus a margin ranging from 0.50% to 2.25%, depending on the Company's consolidated total net leverage ratio.
Financial covenants include a maximum Consolidated Total Net Leverage Ratio of 3.75 to 1.00 (potentially increasing to 4.00 to 1.00 after a Qualified Material Acquisition) and a minimum Consolidated Interest Coverage Ratio of 3.00 to 1.00.

Sep 30, 2025, 8:45 PM

8-K

Crane NXT to Acquire Antares Vision

M&A

New Projects/Investments

Takeover Bid

Crane NXT announced definitive agreements to acquire a significant stake in Antares Vision S.p.A., a global leader in inspection, detection, and track & trace technologies, with the intent to take the company private.
This acquisition expands Crane NXT’s portfolio into the growing Life Sciences and Food & Beverage sectors.
Crane NXT will acquire an approximate 30% stake for €5.00 per share, totaling approximately €120 million, and will launch a mandatory tender offer for the remaining publicly traded shares at the same price. The total enterprise value for 100% of the equity capital and current net debt is approximately €445 million.
Antares Vision generated approximately €200 million in revenue in the fiscal year ended December 31, 2024, with an adjusted EBITDA margin of approximately 15%.
The transaction is expected to close in the first half of 2026, be accretive to Adjusted EPS in the first full year, and achieve double-digit ROIC by year five.

Sep 12, 2025, 6:34 AM

Press Release

Crane NXT Reports Second Quarter 2025 Results

Earnings

Guidance Update

M&A

Crane NXT reported second quarter 2025 sales of $404 million, an increase of 9% year-over-year, with Adjusted EPS of $0.97.
The company is maintaining its full year 2025 Adjusted EPS guidance in the range of $4.00 to $4.30.
Sales growth was primarily driven by $26.7 million (7.2%) from acquired OpSec Security and De La Rue Authentication Solutions businesses, and $10.1 million (2.7%) favorable foreign exchange.
Adjusted free cash flow conversion was approximately 120% for the second quarter of 2025, and total backlog reached $591.6 million as of June 30, 2025.

Aug 6, 2025, 8:05 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for Crane.

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Max Mitchell say about margins?What are Crane's strategic priorities?How is Crane positioned vs competitors?How did Crane do last quarter?

Let Fintool AI Agent track Crane's earnings for you

Get instant analysis when filings drop