Crane Company (CR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would now like to turn the call over to Alison Poliniak, Vice President of Investor Relations. Thank you, Madison, and good day, everyone. Welcome to our fourth quarter 2025 Earnings Release Conference call. I'm Alison Poliniak, Vice President of Investor Relations. The comments we make on this call will include some forward-looking statements. We refer you to the cautionary language at the bottom of our earnings release and also in our annual report 10-K and subsequent filings pertaining to forward-looking statements. Also during the call, we will be using some non-GAAP numbers, which are reconciled to the comparable GAAP numbers in tables at the end of our press release and accompany slide presentation. both of which are available on our website at www.craneco.com in the investor relations section. Now, let me turn the call over to Max. Thank you, Allison. Thanks, everyone, for joining the call today. While we've got many exciting things to discuss today as we exit the fourth quarter, we're already off to a fantastic start for 2026. Our performance last year and our initial guidance for 2026 are show that we are consistently and reliably delivering on our commitments and our long-term value creation thesis. 4% to 6% core sales growth, and we were just at the high end of that last year. 35% to 40% core operating leverage and upside from capital deployment. And that's just the baseline. We're always working to over-deliver. All aspects of this thesis have continued to play out as expected, and will continue. For the quarter, once again, we exceeded even our high expectations, underscoring the strength of our teams, strategy, excellence in execution, and a relentless commitment to delivering shareholder value. Adjusted EPS of $1.53 was up 21% over the prior year, dr...