Every 8-K that Crane Company (CR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CR filings page.
Crane Company (CR) entered into a definitive agreement to acquire the U.S. pump business of First Reserve‑backed Trillium Flow Technologies for approximately $240 million, at about 14.6x estimated 2026 adjusted EBITDA. The business, which includes the Floway, Wemco, Roto‑Jet, and WSP brands, primarily serves U.S. municipal water and wastewater markets and is expected to generate about $115 million of full‑year revenue. Crane plans to integrate the business into its Process Flow Technologies segment, highlighting the large installed base that supports recurring service and replacement demand. Closing is expected in the fourth quarter, subject to customary closing conditions and regulatory approvals.
Crane Company reported strong second-quarter 2026 results, with total net sales of $724.7 million, up 25.6% from a year earlier, driven by 5.2% core sales growth, a 19.8% contribution from acquisitions and a 0.6% foreign-exchange benefit. GAAP earnings per diluted share from continuing operations rose to $1.63 from $1.37, while record adjusted EPS increased to $1.79 from $1.52. Operating profit grew 40.2% to $144.3 million and adjusted operating profit 37.3% to $154.3 million, expanding adjusted operating margin to 21.3%.
Aerospace & Advanced Technologies delivered 31.3% sales growth to $339.1 million, with 13.3% core growth and additional volume from the Druck acquisition, and maintained operating margins in the mid-20% range alongside a record backlog of about $1.27 billion. Process Flow Technologies sales rose 20.9% to $385.6 million, largely from recent acquisitions, with adjusted operating margin improving to 22.2% despite a 1.4% core sales decline.
Cash provided by operating activities from continuing operations was $122.3 million, supporting free cash flow of $107.7 million and adjusted free cash flow of $116.3 million. Crane ended June 30, 2026 with $350.4 million of cash and $1,098.4 million of total debt, then repaid an additional $90 million after quarter-end. The company raised its full-year adjusted EPS outlook to $6.85–$7.05 and declared a third-quarter dividend of $0.255 per share.
Crane Company has completed its previously announced CEO succession, effective April 27, 2026. Alejandro (Alex) Alcala, formerly Executive Vice President and Chief Operating Officer, is now President and Chief Executive Officer and has also joined the Board of Directors and its Executive Committee.
Former President and CEO Max Mitchell has transitioned to the role of Executive Chairman and will continue serving on the Board. The company highlights Mr. Alcala’s thirteen years at Crane and his role in shaping strategy and execution. Crane manufactures highly engineered components for aerospace, defense, space and process industries, with about 8,500 employees worldwide.
Crane Company reported the results of its Annual Meeting of Stockholders held on April 27, 2026. Stockholders elected nine directors, including Martin R. Benante, Sanjay Kapoor, and Max H. Mitchell, each receiving roughly 49 million votes for, with about 3 million broker non-votes recorded for every nominee.
Stockholders also ratified Deloitte & Touche LLP as the Company’s independent auditors for 2026, with 51,933,990 votes for and 474,412 against. In addition, they approved, on a non-binding advisory basis, the compensation of the named executive officers, with 48,555,251 votes for and 813,692 against.
Crane Company reported a strong start to 2026, with first‑quarter adjusted EPS from continuing operations of $1.65, up 15% from $1.43 a year ago, while GAAP EPS from continuing operations declined to $1.14 from $1.34 due mainly to acquisition‑related costs and amortization. Net sales rose 24.9% to $696.4 million, driven by 3.8% core sales growth, an 18.3% contribution from the Druck, Panametrics, Reuter‑Stokes and optek‑Danulat acquisitions, and a 2.7% foreign‑exchange benefit.
Adjusted operating profit increased 28.7% to $137.8 million, lifting the adjusted operating margin to 19.8%. Aerospace & Advanced Technologies sales grew 27.9% to $318.3 million and Process Flow Technologies sales grew 22.5% to $378.1 million, both helped by acquisitions. Total backlog reached $1.79 billion, up from $1.35 billion a year earlier. Free cash flow was negative $40.2 million, largely reflecting acquisition activity, and cash at March 31, 2026 was $355.4 million versus total debt of $1.20 billion. Crane raised its full‑year 2026 adjusted EPS outlook to $6.65–$6.85, implying about 12% growth over 2025, and declared a second‑quarter dividend of $0.255 per share.
Crane Company filed an amended report to add detailed historical and pro forma financial information for its acquisition of Precision Sensors & Instrumentation (PSI), a Baker Hughes business.
The filing confirms the deal closed on January 1, 2026 for $1,150 million in cash, funded by drawing $900 million under a delayed-draw term loan and $250 million under its revolving credit facility. PSI generated revenue of $382 million in 2024 and $275 million for the nine months ended September 30, 2025, with net income of $28 million and $15 million, respectively. Audited 2024 PSI financials and unaudited nine‑month 2025 carve‑out statements are provided, along with pro forma combined results showing how Crane and PSI would have looked together over those periods, including the impact of purchase accounting and new interest expense from the acquisition financing.
Crane Company announced a planned leadership transition effective April 27, 2026. Executive Vice President and Chief Operating Officer Alejandro (Alex) Alcala will become President and Chief Executive Officer, while current Chairman, President and CEO Max Mitchell will move to Executive Chairman and remain on the Board.
Alcala’s 2026 annual base salary will be $950,000, and his target annual cash incentive will be 110% of base salary. On January 26, 2026, he received $4.15 million in long-term incentives, allocated as 55% performance-based restricted share units, 25% stock options, and 20% time-based restricted share units. Mitchell’s 2026 base salary will be $900,000 with a 110% target cash incentive, and he received $3.25 million in long-term incentives with the same mix and vesting structure, aligning both leaders’ pay with multi-year shareholder returns.
Crane Company announced its results of operations for the quarter ended December 31, 2025 and furnished an earnings press release and quarterly financial data supplement as an exhibit.
The Board of Directors elected Alejandro (Alex) Alcala, age 51, as President and Chief Executive Officer, effective April 27, 2026. Alcala is currently Executive Vice President, Chief Operating Officer and has held senior roles across the company’s Aerospace and Electronics, Engineered Materials, Process Flow Technologies and regional operations since 2020.
Max Mitchell, currently Chairman, President and Chief Executive Officer, will transition to the role of Executive Chairman on April 27, 2026 and will continue to serve on the Board. The CEO transition is structured as an internal succession with continuity of leadership at the Board level.
Crane Company has completed its previously announced acquisition of Precision Sensors & Instrumentation (PSI). On January 1, 2026, the company acquired all of the sellers’ interest in Panametrics, LLC, which represents 100% of PSI, from Baker Hughes Holdings LLC and Bently Nevada, LLC under a June 6, 2025 Purchase Agreement.
The purchase price is $1,060 million after adjusting for expected tax benefits with a net present value of approximately $90 million, and is still subject to contractual adjustments for working capital, cash acquired and other transaction-related costs. Crane also disclosed that required historical and pro forma financial statements for the acquisition will be filed by amendment within 71 days.
Crane Company furnished an earnings press release and quarterly financial data supplement announcing results for the quarter ended September 30, 2025. The materials are provided as Exhibit 99.1 to an Item 2.02 Form 8-K.
The company states that the information furnished under Item 2.02, including Exhibit 99.1, is not deemed to be “filed” for purposes of Section 18 of the Exchange Act. Additional materials include the Exhibit 104 cover page interactive data file embedded within Inline XBRL.
Crane Company reported a material event on September 30, 2025 documenting a Credit Agreement among Crane Company (borrower), CR Holdings, C.V. (subsidiary borrower), the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A. as administrative agent. The filing includes standard forward-looking statements language explaining that projections and expectations are subject to risks and uncertainties. The document is signed by Anthony M. D'Iorio, Executive Vice President, General Counsel and Secretary.