Crane CoCR
What Crane Co does.
Crane Company has delivered innovation and technology-led solutions for customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process industry end markets. The Company has two reporting segments: Aerospace & Advanced Technologies (“AAT”) and Process Flow Technologies (“PFT”).
We have been committed to the highest standards of business conduct since our inception in 1855 when our founder, R.T. Crane, resolved “to conduct my business in the strictest honesty and fairness; to avoid all deception and trickery; to deal fairly with both customers and competitors; to be liberal and just toward employees; and to put my whole mind upon the business.”
Our strategy is to grow earnings and cash flow by focusing on the development and manufacturing of highly engineered industrial products for specific markets where our scale is a relative advantage, and where we can compete based on our proprietary and differentiated technology, our deep vertical expertise, and our responsiveness to unique and diverse customer needs. We continuously evaluate our portfolio, pursue acquisitions that complement our existing businesses and selectively divest businesses where appropriate. We strive to foster a performance-based culture focused on productivity and continuous improvement, to attract and retain a committed management team whose interests are directly aligned with those of our shareholders, and to maintain a focused and efficient corporate structure.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $2.1B | $1.8B | $1.9B | $2.1B | $2.3B |
| Net income | — | $435.4M | $401.1M | $255.9M | $294.7M | $366.6M |
| Free cash flow | — | $149.8M | -$532.1M | $123.1M | $221.2M | $341.3M |
More on CR.
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Figures from Crane Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.