Crane Company (CR)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 338,500 | 337,900 | 312,100 | 277,800 | 329,500 | 378,800 | 269,500 | 591,600 | 584,100 | 550,500 | 716,500 | 995,300 | 1,006,200 | 976,300 | 920,700 | 281,400 | 224,500 | 28,800 | 47,100 | 146,700 |
| Revenue (ttm) | US$ in thousands | 2,131,200 | 2,276,600 | 2,209,500 | 2,137,900 | 2,415,500 | 2,706,700 | 2,991,700 | 3,346,400 | 3,304,600 | 3,251,000 | 3,269,400 | 3,201,500 | 3,233,900 | 3,189,800 | 3,091,100 | 2,972,600 | 2,937,000 | 3,048,100 | 3,085,600 | 3,249,300 |
| Pretax margin | 15.88% | 14.84% | 14.13% | 12.99% | 13.64% | 13.99% | 9.01% | 17.68% | 17.68% | 16.93% | 21.92% | 31.09% | 31.11% | 30.61% | 29.79% | 9.47% | 7.64% | 0.94% | 1.53% | 4.51% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $338,500K ÷ $2,131,200K
= 15.88%
Crane Company's pretax margin has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at a modest 4.51% in March 2020, declined to 0.94% in September 2020, and then witnessed a significant improvement to 31.11% by the end of December 2021. Subsequently, the pretax margin dipped to 9.01% in June 2023 before recovering to 15.88% by the end of December 2024.
The company experienced a remarkable surge in pretax margin from June 2021 to December 2021, indicating improved operational efficiency or cost management strategies. Despite the fluctuations in pretax margin in subsequent periods, Crane Company managed to maintain its profitability above the initial levels observed in 2020.
It is important for stakeholders to further investigate the factors contributing to the fluctuations in pretax margin to determine the sustainability of the company's profitability levels in the future.
Peer comparison
Dec 31, 2024