Crane Company · NYSE:CR
Crane — Q1 2026 Earnings Presentation
15 slides from Crane's earnings presentation, Apr 28, 2026
Slide 1: Q1 2026 Earnings Release Call
Q1 2026 EARNINGS RELEASE CALL APRIL 28, 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: First Quarter 2026 Results
FIRST QUARTER 2026 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change SALES $696.4 $557.6 +24.9% $696.4 $557.6 +24.9% OPERATING PROFIT $100.1 $101.1 -1% $137.8 $107.1 +28.7% OPERATING MARGIN 14.4% 18.1% -370 bps 19.8% 19.2% +60 bps EARNINGS PER S
Slide 4: Aerospace & Advanced Technologies Q1 Results
AEROSPACE & ADVANCED TECHNOLOGIES Q1 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change SALES $318.3 $248.9 +27.9% $318.3 $248.9 +27.9% OPERATING PROFIT $71.5 $64.6 +10.7% $78.3 $65.2 +20.1% OPERATING MARGIN 22.5% 26.0% -350 bps 24.6% 26.2% -160
Slide 5: Process Flow Technologies Q1 Results
PROCESS FLOW TECHNOLOGIES Q1 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q1 2026 Q1 2025 Change Q1 2026 Q1 2025 Change SALES $378.1 $308.7 +22.5% $378.1 $308.7 +22.5% OPERATING PROFIT $64.2 $62.8 +2.2% $83.5 $66.8 +25.0% OPERATING MARGIN 17.0% 20.3% -330 bps 22.1% 21.6% +50 bps BACKLO
Slide 6: Capital Optionality
CAPITAL OPTIONALITY As of March 31, 2026 ~$1,200M Debt ~$955M Liquidity Additional Details $600M ▪ Post the recent acquisitions of Druck, Panametrics, Undrawn Reuter-Stokes, and optek-Danulat, our current net Revolver leverage is 1.4x ~$355M Cash Total Debt Liquidity M&A CAPACITY OF ~$1.5+ BILLION 6
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** in the range of 4-6% Revenue $2,845 - $2,875 $2,845 - $2,875 FX Tailwind ~+1% benefit Adjusted Segment Operating Margin* ~23% 22.5%+ M&A Con
Slide 8: Our Thesis – Building Momentum
OUR 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 1.4x Strong balance s
Slide 9: Non-GAAP Information and Appendix
Non-GAAP Information and Appendix April 28, 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 Company’s financial conditions and operations: "Adjusted Operating Profit" and "Adjusted Operating Margin" add back to Operating Profit items which are outside of
Slide 12: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Non-GAAP Financial Measures Three Months Ended March 31 (unaudited, in millions, except per share data) 2026 2025 % Change $ Per Share $ Per Share (on $) Net sales (GAAP) $ 696.4 $ 557.6 24.9 % Adjusted Operating Profit and Adjusted Operating Profit Margin Operating profi
Slide 13: Non-GAAP Financial Measures
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 March 31, 2026 Technologies Technologies Corporate Company Net sales $ 318.3 $ 378.1 $ — $ 696.4 Operating profit (GAAP) $ 71.
Slide 14: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Adjusted Free Cash Flow (unaudited, in millions) Three Months Ended March 31, Cash Flow Items 2026 2025 Cash provided by operating activities from continuing operations $ (29.5) $ (46.2) Less: Capital expenditures (10.7) (14.2) Free cash flow $ (40.2) $ (60.4) Adjustments
Slide 15: Crane
CRANE