Crane Company (CR) investor relations material

Executive summary

• Q3 sales rose 28.1% to $754.6M, with 7.7% core growth and 21.1% acquisition contribution; adjusted EPS reached a record $2.05.

• Core backlog grew 9% YoY to $1,894.9M; FY2026 adjusted EPS guidance increased to $7.23–$7.38.

Financial highlights

• Adjusted operating profit rose 35.8% to $169.9M; adjusted operating margin expanded 130 bps to a record 22.5%.

• GAAP operating profit rose 18.8% to $140.6M, while GAAP operating margin declined to 18.6% from 20.1%.

• Adjusted diluted EPS was $2.05 versus $1.67; GAAP diluted EPS was $1.66 versus $1.56.

• Adjusted EBITDA increased 35.0% to $180.8M, with margin of 23.9% versus 22.7%.

• Adjusted free cash flow from continuing operations was $126.4M versus $118.9M in Q3 2025.

Outlook and guidance

• FY2026 adjusted EPS guidance rose to $7.23–$7.38 from $6.85–$7.05; adjusted segment operating margin outlook increased to ~24%.

• FY2026 revenue guidance increased to $2.886B–$2.922B; core sales growth is expected at the high end of the prior 5%–6% range.

• FY sales growth is expected in the mid-20% range, with acquisition contribution and core growth at the high end of prior ranges.

• FY2026 corporate expense is expected at $80M–$85M, net non-operating expense at ~$58M and adjusted tax rate at ~23%.

• Aerospace & Advanced Technologies expects FY core growth slightly above its 7%–9% long-term framework; Process Flow Technologies expects low-single-digit core growth and continued margin expansion.