Crane Company Reports Third Quarter 2026 Results, Raises and Narrows Full Year Adjusted EPS Guidance
Crane Company delivered record Q3 2026 results, with adjusted EPS of $2.05, up 23%, and net sales of $754.6 million, up 28.1% year-over-year on 7.7% core growth. Management raised and narrowed full-year adjusted EPS guidance to $7.23-$7.38 from $6.85-$7.05, citing outperformance in Aerospace & Advanced Technologies and Process Flow Technologies plus acquisitions performing ahead of expectations. The company also announced an agreement to divest Crane Building Services & Utilities for £230 million, expected to close in early 2027, further concentrating the PFT portfolio.
Key figures
- Eps
- 1.66
- Revenue
- 754600000
- Guidance
- FY2026 adjusted EPS raised and narrowed to $7.23-$7.38, from $6.85-$7.05; total sales ~+26% at midpoint; adjusted segment operating margin ~24.0%
- Revenue Yoy
- 28.1%
- Cash
- 315700000
- Total debt
- 928500000
- Adjusted eps
- 2.05
- Adjusted fcf
- 126400000
- Free cash flow
- 116300000
- Adjusted eps yoy
- 23%
- Operating margin
- 18.6%
- Operating profit
- 140600000
- Core sales growth
- 7.7%
- Dividend per share
- 0.255
- Core backlog growth
- 9%
- Adjusted operating margin
- 22.5%
- Adjusted operating profit
- 169900000
AI analysis
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