OverviewSuggest Edit

Crane is a manufacturer of engineered industrial products. The company operates in four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. It provides process valves and related products, commercial valves, and pumps and systems for mission-critical applications; payment acceptance products, banknotes, vending equipment, and related solutions; critical components and systems, including original equipment and aftermarket parts for the commercial and military aerospace, defense and space markets; fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, and in commercial and industrial buildings applications.

TypePublic
Founded1855
HQStamford, CT, US
Websitecraneco.com
Employee Ratings3.2
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)11,000(-15%)
Job Openings376
Revenue (FY, 2020)$2.9 B(-10%)
Share Price (Sept 2021)$95.3
Cybersecurity ratingBMore

Key People/Management at Crane

Max H. Mitchell

Max H. Mitchell

President & Chief Executive Officer
Carey A. True

Carey A. True

Chief Information Officer
Richard Maue

Richard Maue

Senior Vice President & Chief Financial Officer
James L. L. Tullis

James L. L. Tullis

Chairman of the Board
Bianca B. Shardelow

Bianca B. Shardelow

Chief Audit Executive
Kurt Gallo

Kurt Gallo

Senior Vice President
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Crane Office Locations

Crane has offices in Stamford, Englewood Cliffs, Saint Marys, Wavre and in 14 other locations
Stamford, CT, US (HQ)
100 First Stamford Pl
Englewood Cliffs, NJ, US
140 Sylvan Ave
Saint Marys, AU
146 Dunheved Cct
Vaughan, CA
141 Royal Group Crescent, Woodbridge
Beijing, CN
Room 1103, SK Tower, 6A Jianguomenwai Ave.
Roissy-en-France, FR
11 Avenue Charles de Gaulle
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Crane Financials and Metrics

Crane Revenue

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Crane's revenue was reported to be $2.94 b in FY, 2020 which is a 10.5% decrease from the previous period.
USD

Revenue (Q2, 2021)

796.4m

Gross profit (Q2, 2021)

319.6m

Gross profit margin (Q2, 2021), %

40.1%

Net income (Q2, 2021)

110.7m

EBIT (Q2, 2021)

136.9m

Market capitalization (15-Sept-2021)

5.6b

Closing stock price (15-Sept-2021)

95.3

Cash (30-Jun-2021)

386.7m

EV

6.0b
Crane's current market capitalization is $5.6 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.8b3.3b3.3b2.9b

Revenue growth, %

1%20%(2%)(11%)

Cost of goods sold

1.8b2.2b2.1b1.9b

Gross profit

1.0b1.2b1.2b1.0b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

706.2m343.4m393.9m551.0m

Accounts Receivable

418.4m515.8m555.1m432.7m

Inventories

349.3m411.5m457.3m438.2m

Current Assets

1.5b1.4b1.5b1.6b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

172.5m335.6m133.6m181.1m

Depreciation and Amortization

72.7m120.0m113.5m127.5m

Inventories

6.4m(38.8m)(8.3m)35.4m

Accounts Payable

17.5m37.0m(23.4m)(102.6m)
USDFY, 2017

Revenue/Employee

262.8k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x
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Crane Operating Metrics

Crane's Backlog was reported to be $1.2b in FY, 2020.
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Crane Acquisitions / Subsidiaries

Company NameDateDeal Size
Cummis-Allison CorpDecember 31, 2019$156.2 m
Crane CurrencyDecember 05, 2017$800 m
Westlock ControlsMay 01, 2017$40 m
MEI ConluxDecember 20, 2012$804 m
W.T. Armatur GmbHJuly 12, 2011$38 m
Money ControlsNovember 12, 2010
Merrimac IndustriesDecember 23, 2009
The Krombach GroupDecember 17, 2008$69 m
Owens Corning - FRP Panel BusinessSeptember 17, 2008$38 m
Delta Fluid ProductsSeptember 15, 2008$28 m
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Crane Revenue Breakdown

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Crane revenue breakdown by business segment: 6.0% from Engineered Materials, 22.2% from Aerospace & Electronics, 37.6% from Payment & Merchandising Technologies and 34.2% from Fluid Handling

Crane revenue breakdown by geographic segment: 5.5% from Other International, 5.5% from Canada, 16.3% from Continental Europe, 9.2% from United Kingdom and 63.4% from United States

Human Capital Metrics

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Crane Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Crane Online and Social Media Presence

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Crane Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A

    82/100

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Crane News and Updates

Valued to be $3.1 Billion by 2026, Truck Mounted Crane Slated for Robust Growth Worldwide

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Truck Mounted Crane - Global Market Trajectory & Analytics". The report presents fresh perspectives on...

Mobile Crane Market revenue to hit USD 25 billion by 2030; Global Market Insights Inc.

Some of the major participants in mobile crane market are Terex Corporation, Zoomlion Heavy Industries Science and Technology, Kobelco Construction Machinery, LiuGong Machinery, Kato Works, SANY Group, Liebherr Group, and Manitowoc. Some of the major participants in mobile crane market are Terex Cor…

Tarsus Pharmaceuticals, Inc. Appoints Pharmaceutical and Healthcare Industry Leader Rosemary A. Crane to Board of Directors

Ms. Crane brings over 30 years of experience in executive leadership, commercialization, and business development in the pharmaceutical and healthcare industries

New SMAC Mini Pulse-Cleaned Air Cleaner Offers Hospital Grade Filtration For Crane Cabs

EL DORADO, Ark., Aug. 9, 2021 /PRNewswire/ -- The Systems Group (TSG) has introduced a new pulse-cleaned industrial air cleaner that efficiently filters the inside of crane cabs for operator safety and comfort. Called the SMAC Mini, it is a compact version of the company's...

Outlook on the Crane Global Market to 2025 - Insights & Forecast with Potential Impact of COVID-19

Dublin, July 21, 2021 (GLOBE NEWSWIRE) -- The "Global Crane Market (by Type, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Global Mobile Crane Market in Construction Machinery & Heavy Trucks Industry|Discover Company Insights in Technavio

NEW YORK, July 18, 2021 /PRNewswire/ -- "The rapid development in the power distribution sector across the globe and rising use of telematics will further boost market growth during the forecast period", says a senior analyst at Technavio. Technavio offers an up-to-date analysis regarding...
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Crane Blogs

Dividend 2020-02-28 0.43USD

Declared: 1/27/20 Ex-date: 2/27/20 Record: 2/28/20 Payable: 3/…

Crane Co. Reports 2019 Results and Provides 2020 Guidance

Dateline City: STAMFORD, Conn. Highlights from Full Year 2019 Results and 2020 Guidance: GAAP earnings per diluted share (EPS) of $2.20, inclusive of a $2.98 per share charge related to a non-c…

Crane Co. Declares First Quarter Dividend and Announces 10% Dividend Increase

Dateline City: STAMFORD, Conn. STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co., a diversified manufacturer of highly engineered industrial products, is pleased to announce its Board of Directors today declared a 10% increase in its quarterl…

Crane Co. 2020 Investor Conference

Date and Time: 2/27/20 8:30 am - 12:00 pm EST All Day Event: 0 Language: English read more

Crane Co. Announces Date for Fourth Quarter 2019 Earnings Release and Teleconference and 2020 Annual Investor Conference

Dateline City: STAMFORD, Conn. STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its fourth quarter 2019 earnings release and 2020 Annual Investor Co…

Crane Co. Fourth Quarter 2019 Earnings Call

Date and Time: 1/28/20 10:00 am - 11:00 am EST Event URL: Webcast Listen to Webcast All Day Event: 0 …
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Crane Frequently Asked Questions

  • When was Crane founded?

    Crane was founded in 1855.

  • Who are Crane key executives?

    Crane's key executives are Max H. Mitchell, Carey A. True and Richard Maue.

  • How many employees does Crane have?

    Crane has 11,000 employees.

  • What is Crane revenue?

    Latest Crane annual revenue is $2.9 b.

  • What is Crane revenue per employee?

    Latest Crane revenue per employee is $267 k.

  • Who are Crane competitors?

    Competitors of Crane include Roper Technologies, Honeywell and Eaton.

  • Where is Crane headquarters?

    Crane headquarters is located at 100 First Stamford Pl, Stamford.

  • Where are Crane offices?

    Crane has offices in Stamford, Englewood Cliffs, Saint Marys, Wavre and in 14 other locations.

  • How many offices does Crane have?

    Crane has 18 offices.