Crane posts FY 2025 operating profit USD 424.2 million +19.2%

Reuters02-27 03:25
Crane posts FY 2025 operating profit USD 424.2 million +19.2%

Crane reported FY 2025 net sales of USD 2.305 billion (+8.2%), with operating profit of USD 424.2 million (+19.2%) and total operating margin of 18.4%. Net income attributable to common shareholders was USD 366.6 million, while comprehensive income attributable to common shareholders was USD 448.5 million. Operating cash flow from continuing operations was USD 394.8 million, and total net debt was USD 1.148 billion at December 31, 2025 (total debt to total capitalization ratio: 35.8%). The effective tax rate was 23.4% in FY 2025. By segment, Aerospace & Advanced Technologies FY 2025 sales were USD 1.049 billion (+12.5%) with operating profit of USD 262.5 million (+25.6%) and operating margin of 25.0%; backlog was USD 1.076 billion. Process Flow Technologies FY 2025 sales were USD 1.256 billion (+4.8%) with operating profit of USD 263.5 million (+9.7%) and operating margin of 21.0%; backlog was USD 359.9 million. Corporate updates included pre-tax transaction-related expenses of USD 14.8 million in FY 2025 tied mainly to the planned Druck, Panametrics, Reuter-Stokes and optek-Danulat deals. Crane said it completed the acquisitions of Druck, Panametrics and Reuter-Stokes, and optek-Danulat on January 1, 2026, funded in part by a USD 900 million term loan draw and a USD 250 million revolving facility draw in December 2025. Crane also said the full insurance claim related to Hurricane Helene damage at its Marion, North Carolina site was settled by December 31, 2025; FY 2025 hurricane-related expenses were USD 6.0 million and insurance proceeds for lost profits were USD 9.3 million. The company also raised its annual dividend for 2026 by 11% to USD 1.02 per share.

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