Crane Company · NYSE:CR
Crane — Q2 2026 Earnings Presentation
15 slides from Crane's earnings presentation, Jul 29, 2026
Slide 1: Q2 2026 Earnings Release Call
Q2 2026 EARNINGS RELEASE CALL JULY 29, 2026
Slide 2: Forward Looking Statements – Disclaimer
FORWARD LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding our intent, belief, or expectations, inclu
Slide 3: Second Quarter 2026 Results
SECOND QUARTER 2026 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q2 2026 Q2 2025 Change Q2 2026 Q2 2025 Change SALES $724.7 $577.2 +25.6% $724.7 $577.2 +25.6% OPERATING PROFIT $144.3 $102.9 +40.2% $154.3 $112.4 +37.3% OPERATING MARGIN 19.9% 17.8% +210 bps 21.3% 19.5% +180 bps EARNINGS
Slide 4: Aerospace & Advanced Technologies Q2 Results
AEROSPACE & ADVANCED TECHNOLOGIES Q2 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q2 2026 Q2 2025 Change Q2 2026 Q2 2025 Change SALES $339.1 $258.2 +31.3% $339.1 $258.2 +31.3% OPERATING PROFIT $88.9 $67.9 +30.9% $87.4 $68.6 +27.4% OPERATING MARGIN 26.2% 26.3% -10 bps 25.8% 26.6% -80 bp
Slide 5: Process Flow Technologies Q2 Results
PROCESS FLOW TECHNOLOGIES Q2 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q2 2026 Q2 2025 Change Q2 2026 Q2 2025 Change SALES $385.6 $319.0 +20.9% $385.6 $319.0 +20.9% OPERATING PROFIT $81.6 $63.9 +27.7% $85.5 $68.4 +25.0% OPERATING MARGIN 21.2% 20.0% +120 bps 22.2% 21.4% +80 bps BACKL
Slide 6: Capital Optionality
CAPITAL OPTIONALITY As of June 30, 2026 ~$1,100M Debt ~$1,050M Liquidity Additional Details ▪ Net Debt to EBITDA leverage of 1.2x at the end of $700M the quarter providing ample capacity for future Undrawn acquisitions. Revolver ▪ Subsequent to quarter-end, the company repaid an additional $90 milli
Slide 7: Positive Trajectory Extends into 2026
POSITIVE TRAJECTORY EXTENDS INTO 2026 FY 2026 FY 2026 Key Highlights for 2026 Revenue $ millions except EPS CURRENT PRIOR GUIDANCE GUIDANCE Core sales growth** now in the range of 5-6%, at the high end of our prior range Revenue $2,870 - $2,900 $2,845 - $2,875 of 4-6% Adjusted Segment Operating Marg
Slide 8: Our Long-Term Thesis – Building Momentum
OUR LONG-TERM THESIS – BUILDING MOMENTUM Solid organic growth Continued margin 4–6% profile, led by technology expansion led by superior products, 35–40% Core Sales innovation and new strong pricing, and Operating Growth product operational excellence Leverage Disciplined approach Growth 1.2x Strong
Slide 9: Non-GAAP Information and Appendix
Non-GAAP Information and Appendix July 29, 2026
Slide 10: Non-GAAP Explanation (1/2)
NON-GAAP EXPLANATION (1/2) Crane Company reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). This presentation includes certain non-GAAP financial measures, including Adjusted Operating Profit, Adjusted Operating Margin, Adjusted Segment Operating
Slide 11: Non-GAAP Explanation (2/2)
NON-GAAP EXPLANATION (2/2) We believe that each of the following non-GAAP measures provides useful information to investors regarding the Crane Company’s (the “Company”) financial conditions and operations: "Adjusted Operating Profit" and "Adjusted Operating Margin" add back to Operating Profit item
Slide 12: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Non-GAAP Financial Measures Three Months Ended June 30 (unaudited, in millions, except per share data) 2026 2025 % Change $ Per Share $ Per Share (on $) Net sales (GAAP) $ 724.7 $ 577.2 25.6 % Adjusted Operating Profit and Adjusted Operating Profit Margin Operating profit
Slide 13: Non-GAAP Financial Measures by Segment
NON-GAAP FINANCIAL MEASURES Non-GAAP Financial Measures by Segment (unaudited, in millions, except per share data) Aerospace & Advanced Process Flow Total Three Months Ended June 30, 2026 Technologies Technologies Corporate Company Net sales $ 339.1 $ 385.6 $ — $ 724.7 Operating profit (GAAP) $ 88.9
Slide 14: Non-GAAP Financial Measures: Adjusted Free Cash Flow
NON-GAAP FINANCIAL MEASURES Adjusted Free Cash Flow (unaudited, in millions) Three Months Ended Six Months Ended June 30, June 30, Cash Flow Items 2026 2025 2026 2025 Cash provided by operating activities from continuing operations $ 122.3 $ 105.0 $ 92.8 $ 58.8 Less: Capital expenditures (14.6) (16.
Slide 15: Crane
CRANE