Crane Company reported a significant increase in its financial performance for the fiscal year ending December 31, 2025, with total net sales reaching $2.305 billion, an 8.2% increase from $2.131 billion in 2024. The company's operating profit also rose to $424.2 million, up 19.2% from $355.8 million the previous year. This growth was driven by strong performance in both of its reporting segments: Aerospace & Advanced Technologies (AAT) and Process Flow Technologies (PFT). AAT sales increased by 12.5% to $1.049 billion, while PFT sales grew by 4.8% to $1.256 billion.
The company experienced notable changes compared to the previous fiscal period, including the completion of several strategic acquisitions. In 2025, Crane acquired Technifab Products, Inc. and CryoWorks, which contributed to the growth in PFT sales. Additionally, the company finalized the acquisition of Vian Enterprises, Inc. in early 2024, further enhancing its capabilities in the aerospace sector. The divestiture of the Engineered Materials segment, completed in January 2025, allowed Crane to focus on its core operations, which are expected to yield higher returns.
Operationally, Crane Company reported a total employee headcount of approximately 7,100 as of December 31, 2025, with a significant presence in the United States, where about 4,100 employees are based across 37 locations. The company also noted a backlog of $1.435 billion, indicating strong future demand for its products. The AAT segment's backlog increased to $1.076 billion, reflecting robust demand for both commercial and military aerospace components. The company anticipates that approximately 81% of its remaining performance obligations will be recognized as revenue in 2026.
Looking ahead, Crane Company projects total sales growth in the low-to-mid 20% range for 2026, driven by contributions from its recent acquisitions and mid-single-digit core sales growth. The company expects improvements in operating profit due to productivity benefits and operating leverage on higher volumes. However, it also anticipates a modest decline in operating margins due to the dilutive impact of the acquisitions. The outlook reflects confidence in the company's strategic direction and its ability to navigate market conditions effectively.
About Crane Co
Crane Company designs and manufactures highly engineered components and systems for mission-critical applications in aerospace, defense, space, and process industries. Its core segments—Aerospace & Electronics and Process Flow Technologies—serve global markets with innovative, reliable products such as sensors, pumps, valves, and fluid handling equipment. The company emphasizes technological differentiation, customer responsiveness, and continuous improvement to maintain competitive advantage.
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