This page shows Crawford United (CRAWA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Crawford United’s margin expansion is turning into deleveraging and self-funded reinvestment, not merely a one-year earnings spike.
FY2024 earned slightly more than FY2023, yet return on equity slipped from23.0% to18.8% because retained profits kept enlarging the equity base. Pair that with debt-to-equity falling to 0.5x, and the key change is not weaker performance but a company increasingly funding itself internally with less balance-sheet leverage.
Cash conversion was much cleaner in the last two years than earlier in the series: FY2024 operating cash flow of
The liquidity profile is stronger than the headline cash balance implies, because current assets still covered current liabilities by about 2.0x in FY2024 and total liabilities stayed restrained. But with cash at
Financial Health Signals
We are recalculating Crawford United's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Crawford United scores 7.88, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($292.8M) relative to total liabilities ($36.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Crawford United passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Crawford United generates $1.40 in operating cash flow ($19.1M OCF vs $13.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Crawford United earns $19.7 in operating income for every $1 of interest expense ($19.7M vs $998K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Crawford United generated $150.2M in revenue in fiscal year 2024. This represents an increase of 4.4% from the prior year.
Crawford United's EBITDA was $23.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.1% from the prior year.
Crawford United reported $13.6M in net income in fiscal year 2024. This represents an increase of 2.3% from the prior year.
Crawford United earned $3.83 per diluted share (EPS) in fiscal year 2024. This represents an increase of 1.6% from the prior year.
Cash & Balance Sheet
Crawford United generated $16.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 0.6% from the prior year.
Crawford United held $1.5M in cash against $0 in long-term debt as of fiscal year 2024.
Margins & Returns
Crawford United's gross margin was 27.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.6 percentage points from the prior year.
Crawford United's operating margin was 13.1% in fiscal year 2024, reflecting core business profitability. This is up 0.6 percentage points from the prior year.
Crawford United's net profit margin was 9.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.
Crawford United's ROE was 18.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.
Capital Allocation
Crawford United spent $313K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 179.7% from the prior year.
Crawford United invested $2.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 8.4% from the prior year.
CRAWA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.2M+0.7% | $46.9M+8.2% | $43.3M+15.9% | $37.4M+1.8% | $36.7M-2.4% | $37.6M-2.1% | $38.4M+13.6% | $33.8M |
| Cost of Revenue | $32.9M+1.7% | $32.3M+3.5% | $31.3M | N/A | $26.0M-4.3% | $27.2M-3.4% | $28.2M | N/A |
| Gross Profit | $14.3M-1.6% | $14.5M+20.4% | $12.1M+17.1% | $10.3M-3.6% | $10.7M+2.7% | $10.4M+1.6% | $10.2M+32.3% | $7.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $7.2M+0.8% | $7.2M+0.3% | $7.2M | N/A | $5.4M+2.5% | $5.3M-6.6% | $5.7M | N/A |
| Operating Income | $7.0M-3.9% | $7.3M+49.8% | $4.9M+3.2% | $4.7M-9.8% | $5.3M+2.8% | $5.1M+11.9% | $4.6M+36.0% | $3.4M |
| Interest Expense | $227K-26.5% | $309K-5.4% | $327K | N/A | $262K-13.8% | $304K+27.8% | $238K | N/A |
| Income Tax | $1.2M-32.4% | $1.8M+68.2% | $1.1M | N/A | $1.3M+5.0% | $1.3M+10.8% | $1.1M | N/A |
| Net Income | $5.4M+5.3% | $5.1M+63.8% | $3.1M-20.7% | $3.9M+17.2% | $3.4M+2.6% | $3.3M+9.6% | $3.0M-7.4% | $3.2M |
| EPS (Diluted) | $1.52+5.6% | $1.44+63.6% | $0.88-20.7% | $1.11+16.8% | $0.95+3.3% | $0.92+8.2% | $0.85-6.6% | $0.91 |
CRAWA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $134.9M+2.3% | $131.9M+1.6% | $129.8M+19.5% | $108.7M-1.6% | $110.5M+0.3% | $110.2M+3.1% | $106.9M+14.1% | $93.6M |
| Current Assets | $66.0M+7.2% | $61.6M+3.3% | $59.7M+20.3% | $49.6M-1.4% | $50.3M-6.1% | $53.6M-2.1% | $54.8M+19.6% | $45.8M |
| Cash & Equivalents | $1.9M-34.5% | $2.9M+68.9% | $1.7M+12.6% | $1.5M-22.7% | $2.0M+22.5% | $1.6M-40.7% | $2.7M+66.8% | $1.6M |
| Inventory | $24.3M+4.6% | $23.2M+8.5% | $21.4M+17.1% | $18.3M-0.2% | $18.3M-5.3% | $19.3M+1.2% | $19.1M+8.2% | $17.7M |
| Accounts Receivable | $32.9M+13.7% | $29.0M+7.8% | $26.9M+27.9% | $21.0M-15.4% | $24.8M-8.0% | $27.0M+6.4% | $25.4M+29.1% | $19.7M |
| Goodwill | $22.7M+0.1% | $22.6M+0.1% | $22.6M+21.9% | $18.5M+6.3% | $17.4M+0.4% | $17.4M-2.3% | $17.8M+8.1% | $16.5M |
| Total Liabilities | $48.7M-5.1% | $51.3M-6.0% | $54.6M+50.3% | $36.3M-14.1% | $42.3M-7.2% | $45.6M-0.5% | $45.8M+27.5% | $35.9M |
| Current Liabilities | $30.8M+10.1% | $27.9M+2.6% | $27.2M+10.6% | $24.6M+0.5% | $24.5M+1.0% | $24.3M-13.5% | $28.1M+21.3% | $23.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $86.2M+6.9% | $80.6M+7.1% | $75.3M+4.0% | $72.3M+6.1% | $68.2M+5.5% | $64.6M+5.8% | $61.1M+5.8% | $57.7M |
| Retained Earnings | $75.1M+7.7% | $69.7M+7.9% | $64.6M+5.1% | $61.5M+6.9% | $57.5M+6.2% | $54.2M+6.5% | $50.9M+6.3% | $47.9M |
CRAWA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.7M-16.2% | $6.8M+1576.4% | $406K-92.9% | $5.7M-38.4% | $9.3M+687.6% | $1.2M-58.1% | $2.8M-63.9% | $7.8M |
| Capital Expenditures | $284K-81.2% | $1.5M+265.8% | $413K+436.9% | $77K-78.6% | $360K-73.0% | $1.3M+204.8% | $437K-31.6% | $639K |
| Free Cash Flow | $5.4M+2.3% | $5.3M+82696.1% | -$6K-100.1% | $5.7M-36.8% | $9.0M+6140.6% | -$148K-106.2% | $2.4M-66.8% | $7.2M |
| Investing Cash Flow | -$284K+81.2% | -$1.5M+88.1% | -$12.7M-9087.8% | -$138K+97.0% | -$4.6M-259.8% | -$1.3M+81.3% | -$6.8M-961.6% | -$639K |
| Financing Cash Flow | -$6.4M-56.8% | -$4.1M-133.0% | $12.5M+305.6% | -$6.1M-38.0% | -$4.4M-325.1% | -$1.0M-120.4% | $5.1M+171.4% | -$7.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | $0-100.0% | $197K+2582.0% | $7K-86.1% | $53K | $0-100.0% | $252K+25227000.0% | -$1 |
CRAWA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.3%-0.7pp | 31.0%+3.1pp | 27.9%+0.3pp | 27.6%-1.5pp | 29.1%+1.4pp | 27.7%+1.0pp | 26.7%+3.8pp | 22.9% |
| Operating Margin | 14.9%-0.7pp | 15.7%+4.3pp | 11.3%-1.4pp | 12.7%-1.6pp | 14.3%+0.7pp | 13.6%+1.7pp | 11.9%+2.0pp | 9.9% |
| Net Margin | 11.5%+0.5pp | 10.9%+3.7pp | 7.2%-3.3pp | 10.6%+1.4pp | 9.2%+0.5pp | 8.7%+0.9pp | 7.8%-1.8pp | 9.6% |
| Return on Equity | 6.3%-0.1pp | 6.4%+2.2pp | 4.2%-1.3pp | 5.5%+0.5pp | 4.9%-0.1pp | 5.1%+0.2pp | 4.9%-0.7pp | 5.6% |
| Return on Assets | 4.0%+0.1pp | 3.9%+1.5pp | 2.4%-1.2pp | 3.6%+0.6pp | 3.0%+0.1pp | 3.0%+0.2pp | 2.8%-0.7pp | 3.5% |
| Current Ratio | 2.15-0.1 | 2.21+0.0 | 2.19+0.2 | 2.02-0.0 | 2.05-0.2 | 2.21+0.3 | 1.95-0.0 | 1.98 |
| Debt-to-Equity | 0.56-0.1 | 0.64-0.1 | 0.73+0.2 | 0.50-0.1 | 0.62-0.1 | 0.70-0.0 | 0.75+0.1 | 0.62 |
| FCF Margin | 11.5%+0.2pp | 11.3%+11.3pp | -0.0%-15.2pp | 15.2%-9.2pp | 24.4%+24.8pp | -0.4%-6.6pp | 6.2%-15.0pp | 21.2% |
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Frequently Asked Questions
What is Crawford United's annual revenue?
Crawford United (CRAWA) reported $150.2M in total revenue for fiscal year 2024. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Crawford United's revenue growing?
Crawford United (CRAWA) revenue grew by 4.4% year-over-year, from $143.9M to $150.2M in fiscal year 2024.
Is Crawford United profitable?
Yes, Crawford United (CRAWA) reported a net income of $13.6M in fiscal year 2024, with a net profit margin of 9.0%.
What is Crawford United's EBITDA?
Crawford United (CRAWA) had EBITDA of $23.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Crawford United's gross margin?
Crawford United (CRAWA) had a gross margin of 27.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Crawford United's operating margin?
Crawford United (CRAWA) had an operating margin of 13.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Crawford United's net profit margin?
Crawford United (CRAWA) had a net profit margin of 9.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Crawford United's return on equity (ROE)?
Crawford United (CRAWA) has a return on equity of 18.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Crawford United's free cash flow?
Crawford United (CRAWA) generated $16.9M in free cash flow during fiscal year 2024. This represents a 0.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Crawford United's operating cash flow?
Crawford United (CRAWA) generated $19.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Crawford United's total assets?
Crawford United (CRAWA) had $108.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Crawford United's capital expenditures?
Crawford United (CRAWA) invested $2.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Crawford United's current ratio?
Crawford United (CRAWA) had a current ratio of 2.02 as of fiscal year 2024, which is generally considered healthy.
What is Crawford United's debt-to-equity ratio?
Crawford United (CRAWA) had a debt-to-equity ratio of 0.50 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Crawford United's return on assets (ROA)?
Crawford United (CRAWA) had a return on assets of 12.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Crawford United's Altman Z-Score?
Crawford United (CRAWA) has an Altman Z-Score of 7.88, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Crawford United's Piotroski F-Score?
Crawford United (CRAWA) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Crawford United's earnings high quality?
Crawford United (CRAWA) has an earnings quality ratio of 1.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Crawford United cover its interest payments?
Crawford United (CRAWA) has an interest coverage ratio of 19.7x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.