Crane (CR) has opened 2026 with Q1 revenue of US$696.4 million and basic EPS of US$1.16, alongside net income of US$67.1 million, putting fresh numbers on the table for investors tracking its earnings story. Over the past six quarters, the company has seen revenue move from US$544.1 million in Q4 2024 to US$557.6 million in Q1 2025 and up through the US$577.2 million to US$589.2 million range in mid 2025 before reaching US$696.4 million in the latest quarter. Basic EPS has ranged between US$1.16 and US$1.59 over that stretch. With trailing net margins around 13%, these results provide investors with additional detail on how efficiently Crane is turning revenue into profit at the start of 2026.
With the headline numbers on the table, the next step is to compare this earnings release with the prevailing narratives, highlighting where the data supports current views and where it raises fresh questions for investors.
NYSE:CR Revenue & Expenses Breakdown as at Apr 2026
Revenue Nears US$2.4b On Trailing Basis
Over the last twelve months, Crane generated US$2.4b in total revenue and US$320.5 million in net income, with basic EPS of US$5.57 on a trailing basis.
Consensus narrative highlights growth in advanced sensing and process flow segments, and this trailing revenue base gives context to those expectations:
Revenue is forecast to grow at about 7.6% per year, while analysts expect earnings to grow around 13.2% per year, so the current US$2.4b revenue level sits against faster expected profit growth than sales growth.
Analysts also see revenue reaching roughly US$2.9b alongside earnings of US$468 million, which would be an increase from the current trailing US$320.5 million in net income, so the present figures are a reference point for that consensus path.
EPS Trend And 13.1% Margin Under The Microscope
Trailing basic EPS of US$5.57 and a trailing net margin of 13.1% compare with last year’s 13.2% margin, so profitability has been broadly stable around that 13% level even as quarterly EPS ranged between about US$1.16 and US$1.59.
Bulls point to margin expansion potential, yet the recent numbers show only a small margin change so far:
Bullish analysts talk about margins rising toward 16.7%, but the latest trailing margin of 13.1% and the Q1 2026 net income of US$67.1 million on US$696.4 million of revenue indicate the business is currently operating close to its recent average rather than already trending toward that higher target.
At the same time, earnings grew 11.4% over the past year and are forecast to grow about 13.18% per year, which is used to support the view that profit growth can outpace the 7.6% revenue growth forecast even if margin gains so far are still limited.
On these earnings, bulls argue Crane could have more room to run if margins move toward their targets and earnings keep outpacing revenue. 🐂 Crane Bull Case
Premium 32.1x P/E With High Debt
Crane trades at a P/E of 32.1x, above the US Machinery industry average of 28.1x and peers at 31.7x, while the current share price of US$177.93 sits modestly below a DCF fair value of about US$188.49.
Bears focus on valuation and leverage, and the current data lines up with several of those concerns:
The stock’s P/E premium over industry and peers, combined with forecast revenue growth of 7.6% per year that trails the broader US market’s 11.1% forecast, fits the view that investors are paying a higher multiple for slower top line growth.
The company is also flagged as having a high level of debt, and when that is set alongside the premium 32.1x multiple and only modest gap between the current price and the DCF fair value, it supports the cautious argument that the balance sheet risk matters at this valuation.
For readers weighing those bearish concerns, it is worth seeing how valuation, debt and earnings power are all laid out side by side in the more cautious case. 🐻 Crane Bear Case
Next Steps
To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Crane on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.
With both bullish and cautious arguments on the table, now is a good time to review the numbers yourself, weigh the concerns and the upside, and see how they line up with your own risk tolerance using the 4 key rewards and 1 important warning sign.
See What Else Is Out There
Crane is carrying a premium 32.1x P/E, high debt, and revenue growth that trails broader US market forecasts, which raises valuation and balance sheet questions.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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