CR (Crane Co) Retained Earnings : $1,139 Mil (As of Sep. 2024)

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What is Crane Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crane Co's retained earnings for the quarter that ended in Sep. 2024 was $1,139 Mil.

Crane Co's quarterly retained earnings increased from Mar. 2024 ($1,014 Mil) to Jun. 2024 ($1,074 Mil) and increased from Jun. 2024 ($1,074 Mil) to Sep. 2024 ($1,139 Mil).

Crane Co's annual retained earnings increased from Dec. 2021 ($2,527 Mil) to Dec. 2022 ($2,823 Mil) but then declined from Dec. 2022 ($2,823 Mil) to Dec. 2023 ($961 Mil).

Crane Co Retained Earnings Historical Data

The historical data trend for Crane Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Crane Co Retained Earnings Chart

Crane Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,112.20

2,192.80

2,527.30

2,822.80

960.70

Crane Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															921.60	960.70	1,013.80	1,073.70	1,139.30

Crane Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Crane Co (NYSE:CR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Crane Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crane Co (NYSE:CR) » Definitions » Retained Earnings

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P8Q:Germany

Address

100 First Stamford Place, Stamford, CT, USA, 06902

Website

https://www.craneco.com

Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2.1 billion in revenue in 2023.

Executives

Anthony M. D'iorio	director, officer: Exec. V.P., Gen. Couns. & Sec.	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Max H Mitchell	officer: President & CEO	CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Richard A Maue	director, officer: Exec. V.P., CFO & PAO	C/O PAXAR CORPORATION, 105 CORPORATE PARK DRIVE, WHITE PLAINS NY 10604
Marijane V. Papanikolaou	officer: V.P, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono	officer: SVP, CHRO	950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Sanjay Kapoor	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Paul Gerard Igoe	officer: SVP, General Counsel & Sec.	LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Fund Crane	10 percent owner	C/O CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
William K Grogan	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Bianca B. Shardelow	officer: VP, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl	director	3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Tamara S. Polmanteer	officer: Exec. Vice President & CHRO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tullis James L L	director	100 FIRST STAMFORD PLACE, STAMFORD CT 06907
Ronald Carter Lindsay	director	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Charles G Mcclure	director	55 CABOT PL, BLOOMFIELD HILLS MI 48304