Crane Co (NYSE: CR) has once again showcased its resilience and operational excellence, announcing impressive third-quarter 2025 earnings that underscore the company's strategic initiatives and market strength. Through strategic acquisitions and robust performance in key segments, Crane Co achieved earnings growth that surpassed market expectations. The third-quarter results reflect not only the company's focus on core operational efficiency but also its capacity to leverage market opportunities to secure long-term growth.
Crane Co Earnings Overview
In the third quarter of 2025, Crane Co reported significant earnings growth. The company's earnings per diluted share (EPS) from continuing operations reached $1.56, marking a notable increase of 25% compared to the same period in 2024. The adjusted EPS from continuing operations was $1.64, up 27%, highlighting Crane Co's strong financial performance and operational efficiency.
Crane Co Financial Results
The following table summarizes the key financial metrics for Crane Co in the third quarter of 2025:
| Financial Metric | Q3 2025 | Q3 2024 | % Change YOY |
|---|---|---|---|
| Sales (in millions) | $589.2 | N/A | 7.5% |
| GAAP EPS from Continuing Operations | $1.56 | $1.25 | 25% |
| Adjusted EPS from Continuing Operations | $1.64 | $1.29 | 27% |
| Operating Profit (in millions) | $118.4 | N/A | 19.6% |
| Adjusted Operating Profit (in millions) | $122.1 | N/A | 18.8% |
The company's sales increased by 7.5%, propelled by a 5.6% growth in core sales. This growth was augmented by a 0.9% contribution from the Technifab acquisition and a 1.0% benefit from favorable foreign exchange rates.
Revenue Breakdown
A detailed revenue breakdown by segment provides insights into Crane Co's operational strategy and market focus:
| Segment | Q3 2025 Sales (in millions) | % Change YOY | Operating Profit Margin | % Change YOY |
|---|---|---|---|---|
| Aerospace & Electronics | $270.2 | 13.0% | 25.1% | +210 bps |
| Process Flow Technologies | $319.0 | 3.2% | 22.2% | +100 bps |
Segment Performance Analysis
Aerospace & Electronics : This segment recorded a remarkable 13.0% increase in sales compared to the prior year, driven by a 12.8% growth in core sales. The after-market showed exceptional strength, with a 20% increase in sales. The operating profit margin increased by 210 basis points (bps) to 25.1%, reflecting higher volumes and improved productivity.
Process Flow Technologies : This segment experienced a modest sales increase of 3.2%, with contributions from the Technifab acquisition and favorable foreign exchange rates. The operating profit margin saw a 100 bps improvement to 22.2%, supported by productivity gains and favorable pricing strategies.
Key Developments
Crane Co's strong performance is complemented by strategic initiatives and market developments:
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Acquisition Progress : The company made significant headway with its pending acquisition of Precision Sensors & Instrumentation (PSI), which is expected to close by the end of 2025. This acquisition will enhance Crane Co's capabilities in the Aerospace & Electronics segment.
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Backlog Growth : The company reported a core backlog growth of 16.4% compared to the previous year, providing strong visibility into 2026 and beyond. This growth is mainly driven by strength in the Aerospace & Electronics segment.
Comments from Company Officers
Max Mitchell, Crane's Chairman, President, and CEO, expressed enthusiasm about the company's performance: "We are proud to report another strong quarter, with adjusted EPS up 27% and core sales growth of 5.6%. This quarter's earnings performance was ahead of our expectations and further highlights our differentiated technology, commercial excellence focus, and consistent operational discipline."
Dividends and Share Repurchases
Crane Co has declared a regular quarterly dividend of $0.23 per share for the fourth quarter of 2025, payable on December 10, 2025. This reflects the company's commitment to returning value to shareholders while maintaining financial flexibility for growth opportunities.
Crane Co Stock Forecast
Based on Crane Co's robust financial performance, strategic acquisitions, and operational highlights, the stock is expected to experience positive momentum in the coming quarters. With a current market capitalization of approximately $8.27 billion, the company's adjusted full-year EPS outlook has been raised to a range of $5.75 to $5.95, reflecting a 20% year-over-year growth at the midpoint. Given these factors, the company's stock price could potentially reach a high of $115 per share in the next year, with a conservative low estimate of $100, contingent on broader market conditions and successful integration of upcoming acquisitions.
In conclusion, Crane Co's third-quarter 2025 earnings report highlights a well-executed strategy, robust segment performance, and a strong outlook driven by core backlog growth and strategic acquisition plans. The company's unwavering focus on commercial excellence and operational discipline positions it well for sustained success and shareholder value creation.
