MARKET COMPOSITE
CR - Crane Co.6:53:26 PM 4/16/2024
Price
$132.02
+ 0.83 (0.63%)
The Crane Company is an American industrial products company based in Stamford, Connecticut. Founded by Richard Teller Crane in 1855, it became one of the leading manufacturers of bathroom fixtures in the United States, until 1990, when that division was sold off. In 1960 it began the process of becoming a holding company with a diverse portfolio. Its business segments are Aerospace & Electronics, Engineered Materials , Payment and Merchandising Technology , Fluid Handling, and Controls . Industries served by these segments include chemical industries, commercial construction, food and beverage, general and commercial aviation, and power generation. The company is best known to the consumer public as a large manufacturer of vending machines via its Crane Merchandising Systems subsidiary. Crane Co. has expanded their lineup of snack machines via their acquisitions of Glasco Polyvend Lektrovend and Automatic Products , which until 2017 were marketed as separate brands from Crane Co.'s main National line. Crane Co. has also acquired Dixie-Narco from Maytag, adding a full lineup of soda machines to Crane Co.'s portfolio.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue352.9MM+0%
Gross Profit165.5MM-
Cost Of Revenue187.4MM+2%
Operating Income79.7MM+16%
Operating Expenses85.8MM-
Net Income51.9MM+20%
G&A85.8MM-14%
Interest Expense--
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