Crane Gross Profit from 2010 to 2024

CRDelisted Stock  USD 135.13  0.24  0.18%   
Crane Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 729.3 M. Gross Profit is the profit Crane Company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
203.2 M
Current Value
193.8 M
Quarterly Volatility
102.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crane financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crane main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Total Revenue of 2.3 B or Gross Profit of 729.3 M, as well as many exotic indicators such as Short Term Coverage Ratios of 17.03, Price Earnings Ratio of 27.49 or Price To Sales Ratio of 3.37. Crane financial statements analysis is a perfect complement when working with Crane Valuation or Volatility modules.
  
This module can also supplement Crane's financial leverage analysis and stock options assessment as well as various Crane Technical models . Check out the analysis of Crane Correlation against competitors.

Latest Crane's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Crane Company over the last few years. Gross profit is a required income statement account that reflects total revenue of Crane Company minus its cost of goods sold. It is profit before Crane operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Crane's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crane's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.34 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Crane Gross Profit Regression Statistics

Arithmetic Mean938,867,222
Geometric Mean889,453,829
Coefficient Of Variation26.89
Mean Deviation166,055,896
Median957,100,000
Standard Deviation252,503,588
Sample Variance63758.1T
Range1.1B
R-Value0.44
Mean Square Error55571.7T
R-Squared0.19
Significance0.10
Slope24,653,387
Total Sum of Squares892612.9T

Crane Gross Profit History

2024729.3 M
2023805 M
20221.3 B
20211.2 B
2020B
2019931.1 M
20181.2 B

Other Fundumenentals of Crane Company

Crane Gross Profit component correlations

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0.610.730.380.70.540.67-0.330.470.670.310.60.570.27-0.440.66-0.120.270.050.020.020.420.270.1-0.42-0.130.14
0.890.730.430.930.850.68-0.650.720.940.50.720.810.44-0.20.76-0.220.360.15-0.060.110.520.440.0-0.48-0.030.16
0.610.380.430.550.540.6-0.370.660.390.410.830.560.280.190.710.33-0.26-0.360.45-0.28-0.130.28-0.140.08-0.430.53
0.950.70.930.550.850.75-0.720.860.960.590.80.850.49-0.150.86-0.020.16-0.060.18-0.150.290.49-0.08-0.29-0.320.33
0.930.540.850.540.850.46-0.460.870.850.290.830.960.16-0.120.770.1-0.03-0.140.19-0.160.060.160.05-0.04-0.210.25
0.680.670.680.60.750.46-0.590.610.660.560.620.440.48-0.040.7-0.120.30.040.080.030.480.48-0.09-0.55-0.240.23
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0.950.670.940.390.960.850.66-0.630.840.530.750.80.36-0.170.77-0.010.16-0.060.16-0.10.320.360.04-0.31-0.250.3
0.480.310.50.410.590.290.56-0.820.420.530.330.350.830.020.54-0.220.240.19-0.010.180.260.83-0.67-0.34-0.020.27
0.890.60.720.830.80.830.62-0.320.890.750.330.790.1-0.030.880.37-0.23-0.420.48-0.36-0.050.10.140.02-0.510.49
0.870.570.810.560.850.960.44-0.520.810.80.350.790.29-0.180.760.08-0.04-0.120.19-0.190.010.29-0.080.02-0.220.29
0.280.270.440.280.490.160.48-0.920.150.360.830.10.290.130.34-0.480.480.43-0.230.220.441.0-0.68-0.410.120.12
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0.870.660.760.710.860.770.7-0.50.840.770.540.880.760.34-0.150.020.09-0.070.16-0.140.140.34-0.16-0.25-0.340.17
0.14-0.12-0.220.33-0.020.1-0.120.350.35-0.01-0.220.370.08-0.480.190.02-0.96-0.990.95-0.81-0.8-0.480.40.81-0.780.75
-0.010.270.36-0.260.16-0.030.3-0.38-0.240.160.24-0.23-0.040.48-0.180.09-0.960.92-0.880.720.920.48-0.24-0.910.65-0.68
-0.20.050.15-0.36-0.06-0.140.04-0.28-0.4-0.060.19-0.42-0.120.43-0.2-0.07-0.990.92-0.980.840.740.43-0.45-0.760.83-0.8
0.290.02-0.060.450.180.190.080.090.470.16-0.010.480.19-0.230.240.160.95-0.88-0.98-0.87-0.69-0.230.340.71-0.880.88
-0.20.020.11-0.28-0.15-0.160.03-0.1-0.38-0.10.18-0.36-0.190.22-0.21-0.14-0.810.720.84-0.870.640.22-0.43-0.70.94-0.66
0.140.420.52-0.130.290.060.48-0.39-0.120.320.26-0.050.010.44-0.150.14-0.80.920.74-0.690.640.44-0.01-0.950.52-0.42
0.280.270.440.280.490.160.48-0.920.150.360.830.10.291.00.130.34-0.480.480.43-0.230.220.44-0.68-0.410.120.12
0.010.10.0-0.14-0.080.05-0.090.550.020.04-0.670.14-0.08-0.68-0.07-0.160.4-0.24-0.450.34-0.43-0.01-0.680.15-0.360.16
-0.16-0.42-0.480.08-0.29-0.04-0.550.370.05-0.31-0.340.020.02-0.410.17-0.250.81-0.91-0.760.71-0.7-0.95-0.410.15-0.520.52
-0.36-0.13-0.03-0.43-0.32-0.21-0.240.02-0.53-0.25-0.02-0.51-0.220.12-0.21-0.34-0.780.650.83-0.880.940.520.12-0.36-0.52-0.69
0.370.140.160.530.330.250.23-0.230.460.30.270.490.290.120.280.170.75-0.68-0.80.88-0.66-0.420.120.160.52-0.69
Click cells to compare fundamentals

About Crane Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Crane income statement, its balance sheet, and the statement of cash flows. Crane investors use historical funamental indicators, such as Crane's Gross Profit, to determine how well the company is positioned to perform in the future. Although Crane investors may use each financial statement separately, they are all related. The changes in Crane's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crane's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Crane Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Crane. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Gross Profit805 M729.3 M
Gross Profit Margin 0.39  0.24 

Pair Trading with Crane

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crane position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crane will appreciate offsetting losses from the drop in the long position's value.

Moving together with Crane Stock

  0.83B Barnes Group Financial Report 25th of April 2024 PairCorr
  0.87GE General Electric Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Crane Stock

  0.7RR Richtech Robotics ClassPairCorr
The ability to find closely correlated positions to Crane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crane - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crane Company to buy it.
The correlation of Crane is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crane can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Crane Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Consideration for investing in Crane Stock

If you are still planning to invest in Crane Company check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crane's history and understand the potential risks before investing.
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