Every material Form 8-K Crane filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Crane Company reported third quarter 2025 GAAP EPS from continuing operations of $1.56, up 25%, and adjusted EPS of $1.64, up 27%, on sales of $589.2 million, up 7.5%. The company raised and narrowed its full-year adjusted EPS outlook to $5.75-$5.95 from $5.50-$5.80, which management said reflects 20% growth at the midpoint over 2024.
Q3 2025 GAAP EPS from continuing operations was $1.56 versus $1.25 a year earlier; adjusted EPS was $1.64 versus $1.29.
Net sales were $589.2 million, up 7.5%, including 5.6% core sales growth; backlog was $1,437.1 million at September 30, 2025.
Full-year adjusted EPS outlook raised to $5.75-$5.95 from $5.50-$5.80; the company declared a fourth quarter dividend of $0.23 per share.
Crane Company entered into a new credit agreement on September 30, 2025, providing a $900 million delayed draw term loan and a $900 million revolving facility, both maturing September 30, 2030. The term loan is intended to help fund the previously announced acquisition of Precision Sensors & Instrumentation, and the new agreement replaces the company's existing March 17, 2023 credit agreement, which was terminated and repaid.
Term Facility: $900 million delayed draw term loan maturing September 30, 2030, available to fund the Precision Sensors & Instrumentation acquisition together with cash on hand
Revolving Facility: $900 million committed revolver maturing September 30, 2030
Borrowing margins range from 1.50% to 2.25% over benchmark rates, based on the consolidated total net leverage ratio
Existing credit agreement dated March 17, 2023 was terminated and all outstanding obligations repaid
Crane Company reported second quarter 2025 sales of $577.2 million, up 9.2%, and GAAP earnings per diluted share from continuing operations of $1.37, up 20% from $1.14 a year earlier. The company raised its full-year 2025 adjusted EPS outlook to $5.50-$5.80 from $5.30-$5.60, citing strong orders and backlog growth at its Aerospace & Electronics segment.
Q2 adjusted EPS from continuing operations was $1.49, up 24% from $1.20; GAAP EPS from continuing operations was $1.37, up 20%.
Core order growth was 19.6% and core backlog growth was 18.2%; total backlog reached $1,455.9 million at June 30, 2025.
Full-year adjusted EPS outlook raised to $5.50-$5.80 from $5.30-$5.60; the company also declared a $0.23 per share third quarter dividend payable September 10, 2025.
Agreement to acquire Precision Sensors & Instrumentation from Baker Hughes, announced June 9, 2025, is expected to close at year-end.
Crane Company agreed on June 6, 2025 to acquire Precision Sensors & Instrumentation from Baker Hughes and Bently Nevada for $1,060 million after adjusting for expected tax benefits with a net present value of approximately $90 million. The deal is subject to regulatory approvals and customary closing conditions, with closing expected at the end of 2025 or early 2026, and Crane plans to fund it with cash on hand and additional debt.
Purchase price of $1,060 million, after adjusting for expected tax benefits with a net present value of approximately $90 million
PSI is expected to have 2025 sales of approximately $390 million and adjusted EBITDA of approximately $60 million
Crane estimates net debt to adjusted EBITDA of approximately 1x after the acquisition
Closing expected at the end of 2025 or early 2026, subject to regulatory approvals
Crane reported first quarter 2025 GAAP EPS from continuing operations of $1.34, up from $1.02 a year earlier, and adjusted EPS of $1.39, up from $1.12. Sales rose 9.3% to $557.6 million, and the company reaffirmed its full-year 2025 adjusted EPS outlook of $5.30-$5.60, while noting that the rest of the year is likely to unfold differently than it had anticipated.
GAAP EPS from continuing operations $1.34 vs. $1.02; adjusted EPS $1.39 vs. $1.12 in Q1 2024
Net sales $557.6 million, up 9.3%, including 7.5% core sales growth
Full-year 2025 adjusted EPS outlook of $5.30-$5.60 reaffirmed, not changed
Quarterly dividend of $0.23 per share, payable June 11, 2025 to holders of record as of May 30, 2025
Crane Company reported fourth quarter 2024 results on January 27, 2025. GAAP earnings per diluted share from continuing operations rose 58% to $1.20, and sales rose 12% to $544 million. The company also initiated 2025 adjusted EPS guidance of $5.30-$5.60, which it says reflects 12% growth at the midpoint, and raised its annual dividend by 12% to $0.92 per share.
Q4 2024 GAAP EPS from continuing operations was $1.20, versus $0.76 a year earlier; adjusted EPS was $1.26, versus $0.80.
Q4 sales were $544 million, up 12%, with 8% core sales growth; operating profit was $86 million, up 38%.
2025 adjusted EPS outlook is $5.30-$5.60; the first quarter 2025 dividend is $0.23 per share, payable March 12, 2025.
The Engineered Materials divestiture was completed January 2, 2025, with net proceeds of $208 million received.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Crane filing is on SEC EDGAR ↗. 8-K briefs of other companies →