公司概述
Crane Company is primarily engaged in the manufacturing and distribution of engineered industrial products across the United States, Canada, the United Kingdom, Continental Europe, and various international markets. Operating within the Industrials sector, the firm specifically focuses on the Specialty Industrial Machinery industry, which involves the production of specialized equipment for complex industrial processes. The company maintains a substantial operational scale, employing approximately 7,100 individuals globally while managing a total market capitalization of $10.77 billion. With annual revenues reaching $2.30 billion, these financial figures indicate that Crane Company holds a significant position within its niche, serving critical infrastructure needs for sectors such as aerospace and process flow technologies.
财务健康
The company reported total revenue of $2.30 billion over the trailing twelve months, generating a net income of $331.70 million and an EBITDA of $459.90 million. The substantial gap between the $2.30 billion revenue and the $331.70 million net income reveals a cost structure that incurs significant operating expenses, taxes, and interest costs before arriving at the final profit. However, the EBITDA of $459.90 million suggests that before financing and non-cash expenses, the core business operations generate robust cash-adjacent earnings. Despite the positive earnings, the company reported a free cash flow of $-774,300,032, indicating a significant cash outflow that impacts current financial flexibility and suggests heavy capital expenditure or working capital requirements. The company holds $506.50 million in cash against $1.22 billion in total debt, resulting in a debt-to-equity ratio of 58.94, which characterizes the balance sheet as highly leveraged rather than conservative. Liquidity remains strong with a current ratio of 5.53, signaling that the firm possesses more than five times the current assets necessary to cover its short-term liabilities. Management effectiveness is further highlighted by a return on equity of 17.9% and a return on assets of 7.9%, demonstrating efficient capital deployment relative to the shareholders' equity and the total asset base.
估值评估
Valuation metrics for Crane Company show a trailing P/E ratio of 33.02 compared to a forward P/E of 24.71, implying that the market expects earnings to grow significantly in the coming year to justify the lower forward multiple. The price-to-book ratio stands at 5.21, indicating that the market values the company at more than five times its net asset book value, reflecting a premium for its intangible assets and industry positioning. Alternative valuation measures include a price-to-sales ratio of 4.67 and an EV/EBITDA of 24.95, which suggest that investors are willing to pay a high multiple relative to both sales and earnings power. Regarding price momentum, the stock has traded between a 52-week low of $130.32 and a 52-week high of $214.31, meaning the current trading price sits at a premium relative to the recent lows but faces resistance near the yearly peak. The stock exhibits a beta of 1.18, which indicates that the share price tends to be 18% more volatile than the broader market index during periods of rising or falling market sentiment.
Growth & Income
Recent performance data indicates a revenue growth rate of 6.8% year-over-year, while earnings growth has been minimal at 0.2% year-over-year. This divergence implies that while the top line is expanding through volume or pricing, operating leverage is not yet fully realized, as net income has remained largely flat despite the revenue increase. As a dividend payer, Crane Company offers a dividend yield of 0.5% with a payout ratio of 16.2%, a low payout ratio that suggests the company retains the majority of its earnings to fund operations and debt obligations rather than distributing them fully. This conservative approach to dividends, combined with the flat earnings growth, presents an income profile that prioritizes capital preservation over aggressive shareholder returns. The overall growth and income profile reflects a mature industrial player where revenue expansion is occurring, but profitability per share has stabilized, supported by a very low but sustainable dividend distribution.