Crane Co balance sheet
At the end of fiscal 2025, Crane Co had total assets of $3.85bn, total liabilities of $1.79bn and shareholders' equity of $2.06bn. It held $507m in cash against $1.15bn of debt: net debt of $642m.
Balance sheet
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 377 | 427 | 330 | 307 | 507 | 316 |
| Receivables | — | 270 | 298 | 339 | 359 | 513 |
| Inventory | — | 294 | 344 | 380 | 377 | 516 |
| Total current assets | — | 1,752 | 1,091 | 1,403 | 2,571 | 1,486 |
| Goodwill | 723 | 520 | 576 | 662 | 684 | 1,316 |
| Total assets | — | 4,392 | 2,351 | 2,642 | 3,853 | 3,996 |
| Accounts payable | — | 179 | 157 | 188 | 190 | 210 |
| Deferred revenue (current) | — | 49 | 56 | 36 | 46 | 57 |
| Total current liabilities | — | 1,488 | 467 | 543 | 465 | 568 |
| Short-term debt | — | 400 | 0 | 0 | 0 | 17 |
| Long-term debt | — | 0 | 249 | 247 | 1,148 | 912 |
| Total debt | 0 | 400 | 249 | 247 | 1,148 | 929 |
| Total liabilities | — | 2,488 | 973 | 1,001 | 1,790 | 1,728 |
| Shareholders' equity | 1,835 | 1,901 | 1,358 | 1,639 | 2,061 | 2,266 |
| Net debt (negative = net cash) | −377 | −27 | −81 | −60 | 642 | 613 |
| Shares outstanding | — | 56m | 57m | 57m | 58m | 58m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 339 | 384 | 384 | 388 | 359 | 494 | 488 | 513 |
| Inventory | 380 | 392 | 402 | 395 | 377 | 507 | 507 | 516 |
| Total current assets | 1,403 | 1,374 | 1,246 | 1,280 | 2,571 | 1,482 | 1,479 | 1,486 |
| Goodwill | 662 | 669 | 685 | 684 | 684 | 1,346 | 1,340 | 1,316 |
| Total assets | 2,642 | 2,622 | 2,517 | 2,549 | 3,853 | 4,052 | 4,031 | 3,996 |
| Accounts payable | 188 | 150 | 149 | 150 | 190 | 211 | 186 | 210 |
| Deferred revenue (current) | 36 | 39 | 36 | 41 | 46 | 59 | 61 | 57 |
| Total current liabilities | 543 | 660 | 426 | 392 | 465 | 520 | 528 | 568 |
| Short-term debt | 0 | 247 | 47 | — | 0 | 6 | 11 | 17 |
| Long-term debt | 247 | 0 | 0 | 0 | 1,148 | 1,193 | 1,087 | 912 |
| Total debt | 247 | 247 | 47 | 0 | 1,148 | 1,198 | 1,098 | 929 |
| Total liabilities | 1,001 | 863 | 628 | 581 | 1,790 | 1,953 | 1,851 | 1,728 |
| Shareholders' equity | 1,639 | 1,757 | 1,886 | 1,966 | 2,061 | 2,097 | 2,178 | 2,266 |
| Shares outstanding | 57m | 57m | 58m | 58m | 58m | 58m | 58m | 58m |
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