Crane Company · NYSE:CR
Crane — Q3 2026 Earnings Presentation
16 slides from Crane's earnings presentation, Oct 28, 2026
Slide 1: Q3 2026 Earnings Release Call
Q3 2026 EARNINGS RELEASE CALL OCTOBER 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: Third Quarter 2026 Results
THIRD QUARTER 2026 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q3 2026 Q3 2025 Change Q3 2026 Q3 2025 Change SALES $754.6 $589.2 +28.1% $756.7 $589.2 +28.4% OPERATING PROFIT $140.6 $118.4 +18.8% $169.9 $125.1 +35.8% OPERATING MARGIN 18.6% 20.1% -150 bps 22.5% 21.2% +130 bps EARNINGS P
Slide 4: Aerospace & Advanced Technologies Q3 Results
AEROSPACE & ADVANCED TECHNOLOGIES Q3 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q3 2026 Q3 2025 Change Q3 2026 Q3 2025 Change SALES $344.1 $270.2 +27.4% $344.1 $270.2 +27.4% OPERATING PROFIT $85.4 $67.7 +26.1% $90.6 $68.3 +32.7% OPERATING MARGIN 24.8% 25.1% -30 bps 26.3% 25.3% +100 b
Slide 5: Process Flow Technologies Q3 Results
PROCESS FLOW TECHNOLOGIES Q3 RESULTS $ Millions GAAP Adjusted* except per-share amounts Q3 2026 Q3 2025 Change Q3 2026 Q3 2025 Change SALES $410.5 $319.0 +28.7% $412.6 $319.0 +29.3% OPERATING PROFIT $80.9 $70.8 +14.3% $99.2 $73.9 +34.2% OPERATING MARGIN 19.7% 22.2% -250 bps 24.0% 23.2% +80 bps BACKL
Slide 6: Capital Optionality
CAPITAL OPTIONALITY As of September 30, 2026 ~$929M Debt ~$1,186M Liquidity Additional Details $870M ▪ Net Debt to EBITDA leverage of 1.1x at the end of Undrawn the quarter providing ample capacity for future Revolver acquisitions. ~$316M Cash Total Debt Liquidity M&A CAPACITY OF ~$1.5+ BILLION 6
Slide 7: Positive Trajectory Extends into Q4
POSITIVE TRAJECTORY EXTENDS INTO Q4 FY 2026 FY 2026 Key Highlights for 2026 Revenue $ millions except EPS CURRENT PRIOR GUIDANCE GUIDANCE Core sales growth** now at the high end of our prior range of 5-6% Revenue $2,886 - $2,922 $2,870 - $2,900 Adjusted Segment Operating Margin* ~24% 23%+ FX Tailwin
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 1.1x Strong
Slide 9: Save the Date: Investor Day February 2027
SAVE THE DATE INVESTOR DAY FEBRUARY 09 2027 NEW YORK CITY Additional details to follow
Slide 10: Non-GAAP Information and Appendix
Non-GAAP Information and Appendix October 28, 2026
Slide 11: 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 12: 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 Net Sales" excludes the impact of tariff refunds paid to customers. We believe this
Slide 13: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Non-GAAP Financial Measures (unaudited, in millions, except per share data) Three Months Ended September 30 2026 2025 % Change $ Per Share $ Per Share (on $) Net sales (GAAP) $ 754.6 $ 589.2 28.1 % Tariff recovery adjustment 2.1 — Adjusted net sales (Non-GAAP) $ 756.7 $ 5
Slide 14: 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 September 30, 2026 Technologies Technologies Corporate Company Net sales $ 344.1 $ 410.5 $ — $ 754.6 Tariff recovery adjustmen
Slide 15: Adjusted Free Cash Flow
NON-GAAP FINANCIAL MEASURES Adjusted Free Cash Flow (unaudited, in millions) Three Months Ended Nine Months Ended September 30, September 30, Cash Flow Items 2026 2025 2026 2025 Cash provided by operating activities from continuing operations $ 128.4 $ 130.2 $ 221.2 $ 189.0 Less: Capital expenditure
Slide 16: Crane
CRANE