Crane Company (CR)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 294,700 | 263,100 | 241,000 | 215,000 | 255,900 | 303,700 | 189,200 | 424,100 | 423,400 | 398,300 | 574,200 | 432,000 | 435,400 | 410,100 | 350,100 | 226,600 | 181,000 | 21,600 | 37,500 | 113,700 |
Total stockholders’ equity | US$ in thousands | 1,638,700 | 1,574,400 | 1,473,300 | 1,404,600 | 1,357,800 | 1,284,000 | 1,235,100 | 2,015,200 | 1,907,100 | 1,708,300 | 1,886,900 | 1,726,200 | 1,835,100 | 1,810,400 | 1,728,100 | 1,598,000 | 1,531,100 | 1,509,100 | 1,423,600 | 1,407,500 |
ROE | 17.98% | 16.71% | 16.36% | 15.31% | 18.85% | 23.65% | 15.32% | 21.05% | 22.20% | 23.32% | 30.43% | 25.03% | 23.73% | 22.65% | 20.26% | 14.18% | 11.82% | 1.43% | 2.63% | 8.08% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $294,700K ÷ $1,638,700K
= 17.98%
Crane Company's return on equity (ROE) has shown fluctuations over the past few years, ranging from as low as 1.43% in September 2020 to as high as 30.43% in June 2022. The ROE increased steadily from March 2021 to June 2022, indicating improving profitability and efficiency in generating returns for shareholders.
However, after reaching a peak in June 2022, the ROE started to decline. It experienced a drop to 15.32% by June 2023, followed by fluctuations in the range of 15-25% until December 2024. The ROE saw a slight increase to 17.98% by the end of December 2024.
Overall, Crane Company's ROE performance has been mixed, with periods of significant improvement followed by fluctuations and moderate declines. It is essential for the company to focus on sustaining and enhancing its profitability and efficiency to ensure consistent and satisfactory returns for its shareholders in the long term.
Peer comparison
Dec 31, 2024