Crawford & (CRD-A) financial statements
Crawford & reported revenue of $1.3B in fiscal 2025, up 1.2% a year over 9 years.
Net income was $20M and the operating margin 3.4%, against 5.9% in 2016.
Free cash flow was $63M, and the company returned $14M in dividends and $11M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Crawford &'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | $1.0B | $1.0B | $1.1B | $1.2B | $1.3B | $1.3B | $1.3B |
| Cost of revenue | $857M | $842M | $808M | $753M | $737M | $847M | $925M | $958M | $973M | $944M |
| Gross profit | $321M | $322M | $315M | $295M | $279M | $292M | $306M | $359M | $368M | $367M |
| Selling, general and admin | $240M | $240M | $242M | $227M | $219M | $245M | $256M | $287M | $300M | $294M |
| Operating income | $69M | $41M | $41M | $84M | $40M | $40M | $3M | $56M | $51M | $44M |
| Interest expense | $9M | $9M | $10M | $11M | $8M | $7M | $10M | $17M | $17M | $15M |
| Pre-tax income | $63M | $42M | $44M | $24M | $39M | $44M | $5M | $47M | $41M | $35M |
| Income tax | $26M | $15M | $19M | $14M | $12M | $13M | $24M | $17M | $15M | $15M |
| Net income | $36M | $28M | $26M | $12M | $28M | $31M | -$18M | $31M | $27M | $20M |
| Gross margin | 27.3% | 27.6% | 28.0% | 28.1% | 27.4% | 25.6% | 24.9% | 27.3% | 27.4% | 28.0% |
| Operating margin | 5.9% | 3.5% | 3.7% | 8.0% | 3.9% | 3.5% | 0.3% | 4.2% | 3.8% | 3.4% |
| Net margin | 3.1% | 2.4% | 2.3% | 1.2% | 2.8% | 2.7% | -1.5% | 2.3% | 2.0% | 1.5% |
Balance sheet
Fiscal years, from Crawford &'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $82M | $54M | $53M | $52M | $45M | $53M | $46M | $58M | $55M | $64M |
| Receivables | $154M | $174M | $131M | $128M | $123M | $134M | $141M | $131M | $142M | $116M |
| Total current assets | $365M | $370M | $321M | $315M | $302M | $346M | $351M | $369M | $374M | $352M |
| Property, plant and equipment | $30M | $42M | $34M | $31M | $36M | $34M | $28M | $23M | $21M | $17M |
| Goodwill | $92M | $97M | $97M | $81M | $67M | $117M | $77M | $77M | $76M | $77M |
| Total assets | $736M | $788M | $701M | $760M | $753M | $853M | $792M | $799M | $804M | $764M |
| Total current liabilities | $230M | $257M | $225M | $236M | $243M | $304M | $279M | $299M | $300M | $310M |
| Long-term debt | $187M | $200M | $167M | $148M | $112M | $164M | $212M | $194M | $200M | $151M |
| Total liabilities | $577M | $601M | $526M | $597M | $566M | $641M | $668M | $659M | $648M | $593M |
| Shareholders' equity | $154M | $182M | $171M | $159M | $187M | $212M | $125M | $142M | $157M | $173M |
| Net debt | $105M | $146M | $114M | $97M | $67M | $111M | $166M | $136M | $145M | $87M |
Cash flow
Fiscal years, from Crawford &'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $99M | $41M | $52M | $75M | $93M | $54M | $28M | $104M | $52M | $102M |
| Capital spending | $29M | $45M | $30M | $21M | $37M | $31M | $35M | $37M | $42M | $39M |
| Free cash flow | $70M | -$4M | $22M | $54M | $56M | $23M | -$7M | $67M | $10M | $63M |
| Stock-based compensation | $5M | $7M | $6M | $4M | $4M | $8M | $5M | $6M | $6M | $5M |
| Dividends paid | $14M | $14M | $14M | $13M | $10M | $13M | $12M | $13M | $14M | $14M |
| Share buybacks (net) | $0 | -$7M | -$10M | -$26M | -$3M | -$19M | -$27M | -$3M | -$4M | -$11M |
| Free cash flow margin | 5.9% | -0.4% | 2.0% | 5.2% | 5.5% | 2.1% | -0.6% | 5.1% | 0.7% | 4.8% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CRD-A.
Open CRD-A in InvestinglyQuestions
What was Crawford &'s revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Crawford & generate?
$63M in fiscal 2025 (operating cash flow minus capital spending).
From Crawford &'s annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.