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Crane Co. CR Corporate — Operating profit (loss)

Discontinued — last reported Q2 '24

Other segment segments

Aerospace & Advanced Technologies
$71.5M
Process Flow Technologies
$64.2M+2.2%

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Other financials

Income statement

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Revenue$696.4M+24.9%
Gross profit$281.3M+18.4%
Operating income$100.1M-1.0%
Net income$67.1M-37.3%
EPS (diluted)$1.14-37.7%

Balance sheet

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Cash & equivalents$355.4M-18.3%
Total debt$1.2B+367%
Total equity$2.1B+19.4%
Total assets$4.1B+54.5%

Cash flow

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Operating cash flow-$29.5M+36.1%
CapEx$10.7M-24.6%
Free cash flow-$40.2M+33.4%

Valuation

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Market cap$12.41B+12.1%
Enterprise value$13.27B+24.4%
P/E38×+5.2×
P/S5.1×0.0×

Profitability

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Gross margin41.6%+0.3pp
Operating margin17.3%+0.1pp
Net margin13.4%-2.1pp
FCF margin14.8%+3.8pp

Returns & leverage

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Return on equity16.9%-4.4pp
Debt / equity0.6×+0.4×
Current ratio2.8×+0.8×

Where this comes from

Reported directly by Crane Co. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Crane Co.’s 10-Q, filed July 31, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crane Co.'s corporate — operating profit (loss)?
Crane Co. (CR) reported corporate — operating profit (loss) of -$22.9M in Q2 2024.
How has Crane Co.'s corporate — operating profit (loss) changed year-over-year?
Crane Co.'s corporate — operating profit (loss) increased by 35.7% year-over-year, from -$35.6M to -$22.9M.
What does corporate — operating profit (loss) mean?
The net operating costs of the company's central headquarters that are not assigned to any specific business unit.
How do you interpret corporate — operating profit (loss)?
A decrease in corporate operating loss typically indicates improved cost management or reduced administrative overhead, whereas an increase may suggest rising central costs or strategic investments in corporate infrastructure.
How does corporate — operating profit (loss) compare across companies?
Most diversified industrial firms report a similar 'Corporate and Other' segment, where investors look for consistent cost control relative to total consolidated revenue.