Crane Co.

OverviewSuggest Edit

Crane Co. 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, USMap
Websitecraneco.com
Employee Ratings3.2More
Overall CultureCMore

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)13,000(+9%)
Revenue (FY, 2019)$3.3 B(-1%)
Share Price (Jan 2021)$80.7 (-1%)
Cybersecurity ratingBMore

Key People/Management at Crane Co.

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 Co. Office Locations

Crane Co. 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
Show all (18)

Crane Co. Financials and Metrics

Crane Co. Revenue

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Crane Co.'s revenue was reported to be $3.28 b in FY, 2019 which is a 1.9% decrease from the previous period.
USD

Revenue (Q3, 2020)

734.8m

Gross profit (Q3, 2020)

256.3m

Gross profit margin (Q3, 2020), %

34.9%

Net income (Q3, 2020)

56.6m

EBIT (Q3, 2020)

84.9m

Market capitalization (15-Jan-2021)

4.7b

Closing stock price (15-Jan-2021)

80.7

Cash (30-Sept-2020)

544.6m

EV

5.5b
Crane Co.'s current market capitalization is $4.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

2.8b3.3b3.3b

Revenue growth, %

1%20%(2%)

Cost of goods sold

1.8b2.2b2.1b

Gross profit

1.0b1.2b1.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

799.1m851.0m855.8m831.7m841.6t772.3m797.9m677.9m734.8m

Cost of goods sold

521.2m545.6m544.8m526.6m535.0t494.4m510.8m451.7m478.5m

Gross profit

277.9m305.4m311.0m305.1m306.6t277.9m287.1m226.2m256.3m

Gross profit Margin, %

35%36%36%37%36%36%36%33%35%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

706.2m343.4m393.9m

Accounts Receivable

418.4m515.8m555.1m

Inventories

349.3m411.5m457.3m

Current Assets

1.5b1.4b1.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

642.3m318.2m323.6m256.8m307.0m388.8m302.8m592.1m544.6m

Accounts Receivable

493.5m542.0m565.0m573.8m543.2m534.2m543.5m444.8m439.5m

Inventories

406.5m411.5m412.0m440.6m430.6m445.5m489.5m475.1m134.1m

Current Assets

1.6b1.4b1.4b1.4b1.4b1.5b1.4b1.6b1.6b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

172.5m335.6m133.6m

Depreciation and Amortization

72.7m120.0m113.5m

Inventories

6.4m(38.8m)(8.3m)

Accounts Payable

17.5m37.0m(23.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

68.7m149.4m246.4m82.4m173.4m245.9m62.8m77.6m

Depreciation and Amortization

27.9m56.3m84.1m27.7m56.3m84.2m29.9m62.9m95.3m

Inventories

(12.6m)(31.8m)(31.2m)(29.9m)(26.3m)(48.9m)(31.1m)(19.6m)6.7m

Accounts Payable

(53.6m)(22.1m)(29.2m)(65.9m)(54.2m)(69.2m)(61.1m)(86.8m)(90.9m)
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USDFY, 2017

EV/EBIT

13.3 x

EV/CFO

16.8 x

EV/FCF

19.9 x

Revenue/Employee

262.8k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x

P/E Ratio

31.3
Show all financial metrics

Crane Co. Operating Metrics

Crane Co.'s Backlog was reported to be $1.1b in Q2, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Backlog

$311 m$837 m$811 m$809 m$782 m$758 m$763 m$697 m$691 m$706 m$689 m$719 m$726 m$977 m$1.10 b$1.07 b$1.11 b$1.08 b$1.14 b$1.16 b$1.18 b$1.10 b

Facilities

100 99 100 96 94 89
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Crane Co. Acquisitions / Subsidiaries

Company NameDateDeal Size
Cummis-Allison CorpDecember 31, 2019$156.20 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 Co. Revenue Breakdown

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Crane Co. revenue breakdown by business segment: 6.4% from Engineered Materials, 24.3% from Aerospace & Electronics, 35.3% from Payment & Merchandising Technologies and 34.0% from Fluid Handling

Crane Co. revenue breakdown by geographic segment: 5.8% from Other International, 5.4% from Canada, 12.5% from Continental Europe, 12.0% from United Kingdom and 64.3% from United States

Crane Co. Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

Learn more about our premium products
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Crane Co. Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Crane Co. Online and Social Media Presence

Crane Co.'s Trends

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Crane Co. Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A

    82/100

Learn more on Comparably

Crane Co. News and Updates

September 23, 2020

Self Service Machines 2020 Global Market Key Players – NCR Corp, Crane Co, Glory, Fujitsu - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Self Service Machines Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday
July 27, 2020

Crane Co. sales fall 20% in Q2

Shares of Crane Co. veered between gains and losses in the extended session Monday after the maker of construction cranes and other industrial equipment beat adjusted profit expectations for its second quarter and the quarter's sales were above forecasts. Crane said it earned $14.8 million, or 25 c…
August 14, 2018

Crane Company Lifts Heavy Industry With Cutting Edge Tech

Innovative software provider works with Utah's most experienced crane company to develop cutting-edge tech for efficiencies and safety.
May 22, 2018

Radios Insights Market Size, Status and Forecast by players-C. Crane Company, Sony, TIVDIO

Stay up-to-date with Radios Market offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
February 14, 2018

Aircraft Cabin Market Outlook to 2027 – Crane Company Rockwell Collins IncTIMCO Aviation Service Inc and other Players

Cabin Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Aircraft Cabin industry Posted via Industry Today. Follow us on Twitter @IndustryToday

Crane Co. Blogs

January 28, 2020

Dividend 2020-02-28 0.43USD

Declared: 1/27/20 Ex-date: 2/27/20 Record: 2/28/20 Payable: 3/…
January 27, 2020

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…
January 27, 2020

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…
January 22, 2020

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
January 07, 2020

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…
January 06, 2020

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 Co. Frequently Asked Questions

  • When was Crane Co. founded?

    Crane Co. was founded in 1855.

  • Who are Crane Co. key executives?

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

  • How many employees does Crane Co. have?

    Crane Co. has 13,000 employees.

  • What is Crane Co. revenue?

    Latest Crane Co. annual revenue is $3.3 b.

  • What is Crane Co. revenue per employee?

    Latest Crane Co. revenue per employee is $252.5 k.

  • Who are Crane Co. competitors?

    Competitors of Crane Co. include Roper Technologies, Honeywell and Eaton.

  • Where is Crane Co. headquarters?

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

  • Where are Crane Co. offices?

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

  • How many offices does Crane Co. have?

    Crane Co. has 18 offices.