Crane Historical Income Statement
| CR Stock | USD 131.19 3.66 2.71% |
Historical analysis of Crane income statement accounts such as Total Revenue of 2.3 B or Gross Profit of 729.3 M can show how well Crane Company performed in making a profits. Evaluating Crane income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Crane's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Crane Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Crane Company is a good buy for the upcoming year.
Crane |
About Crane Income Statement Analysis
Crane Company Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Crane shareholders. The income statement also shows Crane investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Crane Income Statement Chart
Crane Company Income Statement is one of the three primary financial statements used for reporting Crane's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Crane Company revenue and expense. Crane Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Crane's Depreciation And Amortization is relatively stable compared to the past year. As of 04/16/2024, Total Revenue is likely to grow to about 2.3 B, while Operating Income is likely to drop slightly above 219 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Crane Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Crane Company. It is also known as Crane overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Crane's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Crane Company current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Crane's Depreciation And Amortization is relatively stable compared to the past year. As of 04/16/2024, Total Revenue is likely to grow to about 2.3 B, while Operating Income is likely to drop slightly above 219 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.2B | 3.4B | 2.1B | 2.3B | Depreciation And Amortization | 141.3M | 118.9M | 39.3M | 66.1M |
Crane income statement Correlations
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Crane Account Relationship Matchups
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Crane income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 120.6M | 144.4M | 141.3M | 118.9M | 39.3M | 66.1M | |
| Total Revenue | 3.3B | 2.9B | 3.2B | 3.4B | 2.1B | 2.3B | |
| Gross Profit | 931.1M | 1.0B | 1.2B | 1.3B | 805M | 729.3M | |
| Other Operating Expenses | 3.1B | 2.7B | 2.7B | 2.8B | 1.8B | 2.0B | |
| Operating Income | 210.4M | 262.9M | 502.3M | 557.3M | 283.8M | 219.0M | |
| Ebit | 210.4M | 262.9M | 502.3M | 557.3M | 283.8M | 305.7M | |
| Ebitda | 331M | 407.3M | 643.6M | 676.2M | 323.1M | 371.8M | |
| Cost Of Revenue | 2.4B | 1.9B | 1.9B | 2.0B | 1.3B | 1.6B | |
| Total Operating Expenses | 720.7M | 737.6M | 738.8M | 807.9M | 521.2M | 497.2M | |
| Income Before Tax | 170.7M | 224.5M | 477.2M | 575.2M | 267M | 188.8M | |
| Total Other Income Expense Net | (39.7M) | (38.4M) | (25.1M) | 17.9M | (16.8M) | (17.6M) | |
| Net Income | 133.3M | 181M | 435.4M | 401.1M | 255.9M | 134.8M | |
| Income Tax Expense | 37.1M | 43.4M | 82.9M | 164.6M | 63.2M | 56.7M | |
| Interest Expense | 46.8M | 55.3M | 46.9M | 52.2M | 22.7M | 32.6M |
Crane Investors Sentiment
The influence of Crane's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crane. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crane's public news can be used to forecast risks associated with an investment in Crane. The trend in average sentiment can be used to explain how an investor holding Crane can time the market purely based on public headlines and social activities around Crane Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crane's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crane's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crane's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crane.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crane in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crane's short interest history, or implied volatility extrapolated from Crane options trading.
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
| 0.77 | B | Barnes Group Financial Report 25th of April 2024 | PairCorr |
| 0.77 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
| 0.87 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Crane Stock
| 0.81 | ATS | ATS Corporation | PairCorr |
| 0.69 | RR | Richtech Robotics Class | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Crane Stock analysis
When running Crane's price analysis, check to measure Crane's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.
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Is Crane's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crane. If investors know Crane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.3 | Earnings Share 7.4 | Revenue Per Share 59.758 | Quarterly Revenue Growth 0.104 | Return On Assets 0.1138 |
The market value of Crane Company is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane's value that differs from its market value or its book value, called intrinsic value, which is Crane's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crane's market value can be influenced by many factors that don't directly affect Crane's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.