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Crane Co

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Mar-31-23Jun-30-22Mar-31-22
   10-Q10-Q10-Q10-Q
Revenues:  
    Crane Holdings, Co. and Subsidiaries   842.9 871.5
    Engineered Materials  57.262.372.870.4
    Aerospace & Electronics  189.2180.1161.5157.2
    Process Flow Technologies  263.2271.4296.0311.3
Total revenues  509.6513.8530.3538.9
            Revenue growth   [+]-3.9%-4.7%  
Cost of goods sold  308.5307.0352.8347.0
Gross profit  201.1206.8177.5191.9
            Gross margin  39.5%40.2%33.5%35.6%
Selling, general and administrative  138.0120.5133.8121.7
EBITDA   [+]73.195.955.978.9
            EBITDA margin  14.3%18.7%10.5%14.6%
Depreciation  8.68.212.28.7
EBITA  64.587.743.770.2
            EBITA margin  12.7%17.1%8.2%13.0%
Amortization of intangibles  1.41.4  
EBIT   [+]63.186.343.770.2
            EBIT margin  12.4%16.8%8.2%13.0%
Interest expense, net   [+]4.55.70.20.4
Other income (expense), net   [+]-1.3-1.3241.76.5
Pre-tax income  57.379.3285.276.3
Income taxes  14.017.578.622.2
            Tax rate  24.4%22.1%27.6%29.1%
Earnings from continuing ops  43.361.8206.654.1
Earnings from discontinued ops  2.3 51.6 
Net income  45.661.8258.254.1
            Net margin  8.9%12.0%48.7%10.0%
   
Basic EPS   [+]$0.76 $3.68 
Diluted EPS   [+]$0.75 $3.63 
   
Dividends per share   [+]$0.18 $0.47 
   
Shares outstanding (basic)   [+]56.7 56.1 
Shares outstanding (diluted)   [+]57.4 56.9 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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