Crane Co Raises Full-Year EPS Outlook After 25% Q1 Sales Growth
Crane Co reported adjusted Q1 EPS of $1.65, a 15% year-over-year increase, with total sales up 25% including an 18% contribution from acquisitions and 4% core growth. The company raised full-year adjusted EPS guidance by $0.10 to $6.65–6.85 and maintained pro forma net leverage at 1.4x.
1. Q1 Financial Highlights
Crane Co posted adjusted Q1 EPS of $1.65, up 15% year-over-year, on total sales growth of 25%, including an 18% contribution from recent acquisitions and 4% core growth. Core orders declined 5% while core FX-neutral backlog rose 9%, and pro forma net leverage remained low at 1.4x.
2. Segment Performance
The Aerospace & Advanced Technologies segment achieved $318 million in sales, up 28% with core sales up 9.4% and a 14% core backlog increase, delivering a 24.6% adjusted segment margin. Process Flow Technologies generated $378 million in sales, up 23% with a 0.6% core sales decline and a 22.1% adjusted segment margin.
3. Outlook and Risks
Management raised full-year adjusted EPS guidance by $0.10 to $6.65–6.85, citing continued strength in acquisitions and operational execution. The company flagged ongoing inflationary pressures, a 13% drop in commercial aftermarket revenue, core order headwinds and potential Middle East disruptions as risks to 2026 performance.