Filing Flows › Crane (CR) › Q1 2025
Crane (CR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Crane (CR) reported revenue of $558M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before. Operating margin was 18.1%, net earnings $107M (19.2% of revenue).
Crane, Q1 2025: revenue $558M (+9% year over year), operating margin 18.1%, net earnings $107M, operating cash flow −$46.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $558M | +2% | +9% |
| Operating profit | $101M | +17% | +24% |
| Net earnings | $107M | +32% | +65% |
| Operating cash flow | −$46.2M | — | — |
What changed
Revenue was $557.6M in Q1 2025, up 9% year over year and up 2% from the previous quarter. Process Flow Technologies was the largest line at 55% of revenue. Process Flow Technologies added $24.4M year over year (up 9%), 51% of the total change.
Operating profit was $101.1M, a 18.1% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 42% reached operating profit, above the 16% margin then. Net earnings were $107.1M, up 65% year over year. The effective tax rate was 16.1%. Non-operating items added $26.5M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$46.2M. Non-cash charges added back $12.5M of depreciation and amortization and $9.3M of share-based compensation. Working capital and other items used $175.1M. Capital expenditures of $14.2M exceeded it, leaving free cash flow of −$60.4M.
Questions
What was Crane's revenue in the first quarter 2025?
Crane (CR) reported revenue of $558M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before.
Was Crane profitable in the first quarter 2025?
Operating profit was $101M (18.1% of revenue) and net earnings $107M.
Source: Crane 10-Q on SEC EDGAR.