Every material Form 8-K Crane filed with the SEC in 2026, 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 2026 sales of $754.6 million, up 28.1%, and GAAP EPS from continuing operations of $1.66, up from $1.56 a year earlier. Adjusted EPS was $2.05, up from $1.67, and the company raised its full-year adjusted EPS outlook to $7.23-$7.38 from $6.85-$7.05. Shareholders also get a larger picture: GAAP operating profit rose 18.8%, but the operating margin fell 150 basis points, and Crane agreed to sell its UK-based Crane Building Services & Utilities business.
Third-quarter net sales were $754.6 million, up 28.1%, with core sales up 7.7% and acquisitions contributing 21.1%.
GAAP EPS from continuing operations was $1.66 versus $1.56; adjusted EPS was $2.05 versus $1.67.
Full-year 2026 adjusted EPS outlook raised and narrowed to $7.23-$7.38 from $6.85-$7.05.
Agreement to divest Crane Building Services & Utilities for £230 million, with closing expected early in 2027.
Crane Company's Board accepted the resignation of Lead Independent Director James L. L. Tullis under the company's director retirement policy, effective at the conclusion of the 2027 Annual Meeting of Stockholders. The filing says the departure was not due to any disagreement with the company on operations, policies, or practices, and the Board will begin searching for a successor to the Lead Independent Director role.
Board accepted Tullis's resignation at a regularly scheduled meeting on September 27, 2026
Resignation is effective at the conclusion of the 2027 Annual Meeting of Stockholders
Filing states the retirement was not the result of any disagreement with the company
Board will begin a process to identify a successor Lead Independent Director
Crane Company reported second quarter 2026 results on July 28, 2026, with GAAP EPS from continuing operations of $1.63, up from $1.37, and record adjusted EPS of $1.79, up from $1.52. Net sales rose 25.6% to $724.7 million, with 5.2% core growth and 19.8% from acquisitions, and the company raised its full-year adjusted EPS outlook to $6.85-$7.05 from $6.65-$6.85. Adjusted results exclude tariff refunds, and the filing notes that acquisitions drove much of the sales growth.
Q2 GAAP EPS from continuing operations was $1.63 versus $1.37 a year earlier; adjusted EPS was a record $1.79 versus $1.52.
Net sales were $724.7 million, up 25.6%: 5.2% core growth, 19.8% from acquisitions and 0.6% from foreign exchange.
Full-year 2026 adjusted EPS outlook raised to $6.85-$7.05 from $6.65-$6.85.
Quarterly dividend of $0.255 per share is payable September 9, 2026 to shareholders of record as of August 31, 2026.
Crane Company completed its previously announced CEO succession effective April 27, 2026. Alex Alcala, previously Executive Vice President and Chief Operating Officer, became President and Chief Executive Officer, and Max Mitchell moved to Executive Chairman while remaining on the Board. The filing covers leadership changes only and includes no financial results or guidance.
Alex Alcala became President and CEO effective April 27, 2026, succeeding Max Mitchell.
Max Mitchell continues as Executive Chairman and remains on the Board of Directors.
Alcala was also appointed to the Board and the Executive Committee, effective April 27, 2026.
Alcala has 13 years of experience at Crane, according to the press release (Exhibit 99.1).
Crane Company reported first-quarter 2026 results on April 27, 2026, with net sales up 24.9% to $696.4 million, mostly from acquisitions. GAAP EPS from continuing operations fell 15% to $1.14, as acquisition transaction costs and amortization weighed on operating profit, while adjusted EPS rose 15% to $1.65. The company raised its full-year adjusted EPS outlook to $6.65-$6.85, which signals higher expected earnings for shareholders, though GAAP profit and free cash flow declined.
Net sales rose 24.9% to $696.4 million, including 18.3% from acquisitions and 3.8% core sales growth.
GAAP EPS from continuing operations was $1.14, down from $1.34; adjusted EPS was $1.65, up from $1.43.
Full-year adjusted EPS outlook raised to $6.65-$6.85 from $6.55-$6.75.
Free cash flow was negative $40.2 million; a $0.255 per share dividend is payable June 10, 2026 to holders of record May 29, 2026.
Crane Company's board named Alejandro (Alex) Alcala, currently Executive Vice President and Chief Operating Officer, as President and Chief Executive Officer, effective April 27, 2026. Current CEO Max Mitchell will remain on the board as Executive Chairman. The filing also sets new 2026 pay terms for both executives, which shareholders can review as part of the leadership transition.
Alex Alcala becomes President and CEO effective April 27, 2026; his 2026 base salary rises to $950,000 and target cash incentive to 110% of salary.
Max Mitchell continues as Executive Chairman; his 2026 base salary falls to $900,000, with target cash incentive at 110% of salary.
On January 26, 2026, Alcala received 2026 long-term incentive awards of $4.15 million and Mitchell received $3.25 million.
Long-term awards are 55% performance-based restricted share units tied to relative total shareholder return over three years, 25% stock options and 20% time-based restricted share units, vesting over four years for options and RSUs.
Crane reported fourth-quarter 2025 sales of $581.0 million, up 6.8%, with GAAP earnings per diluted share from continuing operations of $1.39, up from $1.20 a year earlier. The company also initiated 2026 adjusted EPS guidance of $6.55 to $6.75 and said Executive Vice President and COO Alex Alcala will succeed Max Mitchell as President and CEO on April 27, 2026, with Mitchell becoming Executive Chairman.
Q4 2025 sales $581.0 million, up 6.8%; GAAP EPS from continuing operations $1.39 vs. $1.20; adjusted EPS $1.53 vs. $1.26
2026 adjusted EPS outlook of $6.55 to $6.75, about 10% growth at the midpoint versus 2025 on a comparable basis
Alex Alcala to become President and CEO effective April 27, 2026; Max Mitchell to become Executive Chairman
Quarterly dividend raised 11% to $0.255 per share, payable March 11, 2026
Crane Company completed its purchase of Precision Sensors & Instrumentation (PSI) from Baker Hughes on January 1, 2026, under a purchase agreement dated June 6, 2025. The filing states a purchase price of $1,060 million, before contractual adjustments for working capital, cash acquired and certain transaction costs. Crane said it will discuss the acquisition on its fourth quarter 2025 earnings call on January 27, 2026.
Acquisition completed January 1, 2026; the Company acquired 100% of PSI through Panametrics, LLC
Purchase price of $1,060 million, after adjusting for expected tax benefits with a net present value of approximately $90 million
Sellers were Baker Hughes Holdings LLC and Bently Nevada, LLC
Fourth quarter 2025 earnings release set for January 26, 2026; teleconference January 27, 2026 at 10:00 AM Eastern
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.
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