Crane Company Reports Strong Q1 2025 Results

Crane Company ( (CR) ) has released its Q1 earnings. Here is a breakdown of the information Crane Company presented to its investors.

Crane Company is a leading manufacturer of highly engineered components for the aerospace, defense, space, and process industries, with strategic growth platforms in Aerospace & Electronics and Process Flow Technologies. The company, headquartered in Stamford, Connecticut, has been providing innovation and technology-led solutions since 1855.

Crane Company reported a strong start to 2025, with first-quarter earnings per diluted share (EPS) from continuing operations increasing by 31% to $1.34, and adjusted EPS rising by 24% to $1.39. The company achieved a 9.3% increase in sales, reaching $557.6 million, driven by a 7.5% core sales growth. The Aerospace & Electronics segment showed significant strength, with core order growth of 15.6% and core backlog growth of 12.1%.

Key financial highlights include a 24.4% increase in operating profit to $101.1 million, and an adjusted operating profit of $104.1 million, reflecting a 17.6% increase. The Aerospace & Electronics segment reported a 10.2% increase in sales and a 33.7% rise in operating profit, while the Process Flow Technologies segment saw an 8.6% increase in sales. Crane’s cash balance stood at $435.1 million, with total debt of $247.1 million.

Looking ahead, Crane Company reaffirms its full-year adjusted EPS outlook range of $5.30 to $5.60, reflecting confidence in its strategic initiatives and growth platforms. Despite economic uncertainties, the company remains focused on executing its strategy, investing in growth initiatives, and delivering above-market shareholder returns.