Crawford & Company - CRD-A

CRD-A Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
CRD-A	1.3	-2.2	2.6	15.5	28.1	13.5	41.0	7.4	48.4	12.4
S&P 500	-0.7	-1.2	1.6	6.5	11.3	31.2	26.1	89.3	189.3	33343.9

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	CRD-A
name	Crawford & Company
price	11.80
changes percentage	1.29
change	0.15
day low	11.71
day high	11.92
year high	13.68
year low	7.55
market cap	575989305
price avg 50	11.16
price avg 200	10.14
exchange	NYSE
volume	13688
avg volume	67406
open	11.75
previous close	11.65
eps	0.40
pe	29.50
earnings announcement	2025-03-03T21:00:00.000+0000
shares outstanding	48812653
timestamp	2024-11-15 14:37:36

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 50.3%

Overall Quarterly Financial Health: 56.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000025475
revenue	1267131000	1231226000	2.92
gross profit	359072000	306354000	17.21
gross profit ratio	0.28	0.25	13.89
research and development expenses	0	0.0	-100.00
operating expenses	359072000	255750000	40.40
interest income	2773000	655000	323.36
interest expense	19809000	10311000	92.12
ebitda	111081000	88263000	25.85
ebitdaratio	0.09	0.07	22.29
operating income	72566000	52165000	39.11
operating income ratio	0.06	0.04	35.17
net income	30609000	-18532000	265.17
net income ratio	0.02	-0.02	260.49
eps	0.63	-0.37	270.27

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000025475
revenue	342726000	327670000	4.59
gross profit	93418000	90923000	2.74
gross profit ratio	0.27	0.28	-1.77
research and development expenses	0	0	NaN
operating expenses	93418000	74718000	25.03
interest income	0	0	NaN
interest expense	4682000	4256000	10.01
ebitda	31534000	29355000	7.42
ebitdaratio	0.09	0.09	2.70
operating income	22722000	20509000	10.79
operating income ratio	0.07	0.06	5.92
net income	9453000	8584000	10.12
net income ratio	0.03	0.03	5.29
eps	0.19	0.17	11.76

Overall Score of Quarterly Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 343 million in 2024Q3 from 328 million in 2024Q2 representing a change of 4.59%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 93 million in 2024Q3 from 91 million in 2024Q2 representing a change of 2.74%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 32 million in 2024Q3 from 29 million in 2024Q2 representing a change of 7.42%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 23 million in 2024Q3 from 21 million in 2024Q2 representing a change of 10.79%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 9 million in 2024Q3 from 9 million in 2024Q2 representing a change of 10.12%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.19 in 2024Q3 from 0.19 in 2024Q2 representing a change of 11.76%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 93 million in 2024Q3 from 75 million in 2024Q2 representing a change of 25.03%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000025475
total assets	799199000	791507000	0.97
total liabilities	659368000	668129000	-1.31
total equity	139831000	123378000	13.34
cash and cash equivalents	58363000	46007000	26.86
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	369346000	351267000	5.15
total non current assets	429853000	440240000	-2.36
total current liabilities	299292000	279487000	7.09
total non current liabilities	360076000	388642000	-7.35
common stock	49080000	48612000	0.96
retained earnings	228564000	213094000	7.26
total debt	311528000	346396000	-10.07

Overall Score of Annual Balance Sheet

0.89 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 799 million in 2023 from 792 million in 2022 representing a change of 0.97%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 659 million in 2023 from 668 million in 2022 representing a change of -1.31%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 140 million in 2023 from 123 million in 2022 representing a change of 13.34%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 58 million in 2023 from 46 million in 2022 representing a change of 26.86%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 369 million in 2023 from 351 million in 2022 representing a change of 5.15%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 49 in 2023 from 49 in 2022 representing a change of 0.96%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 229 million in 2023 from 213 million in 2022 representing a change of 7.26%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 312 million in 2023 from 346 million in 2022 representing a change of -10.07%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Current Liabilities: Total Current Liabilities increased to 299 million in 2023 from 279 million in 2022 representing a change of 7.09%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000025475
total assets	800794000	785812000	1.91
total liabilities	641604000	636105000	0.86
total equity	71852000	149707000	-52.00
cash and cash equivalents	54683000	48343000	13.11
short term investments	0	0	NaN
long term investments	0	-154598000	100.00
total current assets	229713000	351995000	-34.74
total non current assets	438426000	433817000	1.06
total current liabilities	283366000	272224000	4.09
total non current liabilities	358238000	363881000	-1.55
common stock	49059000	49067000	-0.02
retained earnings	235900000	231263000	2.01
total debt	333848000	329134000	1.43

Overall Score of Quarterly Balance Sheet

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 801 million in 2024Q3 from 786 million in 2024Q2 representing a change of 1.91%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 55 million in 2024Q3 from 48 million in 2024Q2 representing a change of 13.11%. This indicates an increase in available liquid assets.

  Retained Earnings: Retained Earnings increased to 236 million in 2024Q3 from 231 million in 2024Q2 representing a change of 2.01%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 642 million in 2024Q3 from 636 million in 2024Q2 representing a change of 0.86%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 72 million in 2024Q3 from 150 million in 2024Q2 representing a change of -52.0%. This indicates a decrease in shareholders' equity.

  Total Current Assets: Total Current Assets decreased to 230 million in 2024Q3 from 352 million in 2024Q2 representing a change of -34.74%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 283 million in 2024Q3 from 272 million in 2024Q2 representing a change of 4.09%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 49 in 2024Q3 from 49 in 2024Q2 representing a change of -0.02%. This indicates a decrease in ownership interest.

  Total Debt: Total Debt increased to 334 million in 2024Q3 from 329 million in 2024Q2 representing a change of 1.43%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000025475
net change in cash	12900000	-7044000	283.13
operating cash flow	103790000	27634000	275.59
free cash flow	67194000	-6965000	1,064.74
capital expenditure	-36596000	-34599000	-5.77
depreciation and amortization	35742000	36098000	-0.99
deferred income tax	-12279000	7397000	-266.00
stock based compensation	5603000	4923000	13.81
accounts payables	-2822000	-5985000	52.85
inventory	0	0	NaN
acquisitions net	0	-26309000	100.00
investments in property plant and equipment	-4890000	-34599000	85.87
net cash used for investing activites	-36596000	-57876000	36.77
debt repayment	-31548000	-59000	-53,371.19
common stock issued	0	0	NaN
common stock repurchased	-2731000	-26749000	89.79
dividends paid	-12701000	-11842000	-7.25
net cash used provided by financing activities	-54680000	25940000	-310.79
cash at end of period	59545000	46645000	27.66
accounts receivables	23542000	-15537000	251.52
cash at beginning of period	46645000	53689000	-13.12

Overall Score of Annual Cashflow Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 13 million in 2023 from -7 million in 2022 representing a change of 283.13%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 104 million in 2023 from 28 million in 2022 representing a change of 275.59%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 67 million in 2023 from -7 million in 2022 representing a change of 1064.74%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -37 million in 2023 from -35 million in 2022 representing a change of -5.77%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 3 million in 2023 from 6 million in 2022 representing a change of 52.85%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Stock-Based Compensation: Stock-Based Compensation increased to 6 million in 2023 from 5 million in 2022 representing a change of 13.81%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 24 in 2023 from -16 million in 2022 representing a change of 251.52%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -13 million in 2023 from -12 million in 2022 representing a change of -7.25%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000025475
operating cash flow	19346000	11550000	67.50
free cash flow	37795000	2651000	1,325.69
capital expenditure	18449000	-8899000	307.32
depreciation and amortization	8812000	8846000	-0.38
deferred income tax	0	0	NaN
stock based compensation	988000	1613000	-38.75
accounts receivables	259000	-13572000	101.91
accounts payables	5195000	3501000	48.39
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	18449000	-8899000	307.32
net cash used for investing activites	-10996000	-8899000	-23.56
debt repayment	4183000	3810000	9.79
common stock issued	0	0	NaN
common stock repurchased	-1531000	-1340000	-14.25
dividends paid	-3440000	-3437000	-0.09
net cash used provided by financing activities	-2346000	-418000	-461.24
net change in cash	6340000	1684000	276.48
cash at end of period	54683000	48343000	13.11
cash at beginning of period	48343000	46659000	3.61

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 6 million in 2024Q3 from 2 million in 2024Q2 representing a change of 276.48%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 19 million in 2024Q3 from 12 million in 2024Q2 representing a change of 67.5%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 38 million in 2024Q3 from 3 million in 2024Q2 representing a change of 1325.69%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2024Q3 from 2 million in 2024Q2 representing a change of -38.75%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to 18 million in 2024Q3 from -9 million in 2024Q2 representing a change of 307.32%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Payables: The absolute value of Accounts Payables increased to 5 million in 2024Q3 from 4 million in 2024Q2 representing a change of 48.39%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q3 from -14 million in 2024Q2 representing a change of 101.91%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -3 million in 2024Q3 from -3 million in 2024Q2 representing a change of -0.09%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	25.95	24.89	4.26
net income per share	0.63	-0.37	267.33
operating cash flow per share	2.13	0.56	280.49
free cash flow per share	1.38	-0.14	1,077.34
cash per share	1.2	0.93	28.51
book value per share	2.86	2.49	14.82
tangible book value per share	-2.36	-2.51	5.88
shareholders equity per share	2.9	2.52	15.20
interest debt per share	5.19	5.5	-5.65
market cap	643645300	275069729.88	133.99
enterprise value	896810300	575458729.88	55.84
pe ratio	21.03	-14.84	241.67
price to sales ratio	0.51	0.22	127.36
pocfratio	6.2	9.95	-37.70
pfcf ratio	9.58	-39.49	124.25
pb ratio	4.54	2.21	105.78
ptb ratio	4.54	2.21	105.78
ev to sales	0.71	0.47	51.43
enterprise value over ebitda	8.07	6.52	23.83
ev to operating cash flow	8.64	20.82	-58.51
ev to free cash flow	13.35	-82.62	116.15
earnings yield	0.05	-0.07	170.59
free cash flow yield	0.1	-0.03	512.29
debt to equity	1.65	2.1	-21.52
debt to assets	0.29	0.33	-11.62
net debt to ebitda	2.28	3.4	-33.03
current ratio	1.23	1.26	-1.81
interest coverage	3.66	5.06	-27.59
income quality	3.39	-1.49	327.40
dividend yield	0.02	0.04	-54.16
payout ratio	0.41	-0.64	164.94
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0.0	-100.00
intangibles to total assets	0.32	0.31	2.09
capex to operating cash flow	0.35	1.25	-71.84
capex to revenue	0.03	0.03	2.77
capex to depreciation	1.02	0.96	6.83
stock based compensation to revenue	0.0	0.0	10.59
graham number	6.4	4.61	38.84
roic	0.12	-0.5	124.92
return on tangible assets	0.06	-0.03	265.15
graham net net	-8.55	-9.66	11.51
working capital	70054000	71780000	-2.40
tangible asset value	-115449000	-124258000	7.09
net current asset value	-290022000	-316862000	8.47
invested capital	436691000	440559000	-0.88
average receivables	262225500	264829000	-0.98
average payables	47977000	49658500	-3.39
average inventory	-65558000	-63137000	-3.83
days sales outstanding	71.43	81.96	-12.85
days payables outstanding	18.13	20.07	-9.65
days of inventory on hand	-1.95	-49.83	96.09
receivables turnover	5.11	4.45	14.75
payables turnover	20.13	18.19	10.68
inventory turnover	-187.54	-7.32	-2,460.48
roe	0.22	-0.15	245.25
capex per share	0.75	0.7	7.15

• Positive

  ROE: Return on Equity (ROE) increased to 0.22 on 2023-12-31 from -0.15 on 2022-12-31, representing a change of 245.25%. Suggesting the company has been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 21.03 on 2023-12-31 from -14.84 on 2022-12-31, representing a change of 241.67%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.23 on 2023-12-31 from 1.26 on 2022-12-31, representing a change of -1.81%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Debt-to-Equity Ratio:

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
CRD-A
calendar year	2024	2024	NaN
revenue per share	6.98	6.67	4.59
net income per share	0.19	0.17	10.12
operating cash flow per share	0.39	0.24	67.50
free cash flow per share	0.77	0.05	1,325.69
cash per share	1.11	0.98	13.11
book value per share	3.24	3.05	6.33
tangible book value per share	-2.09	-2.22	5.54
shareholders equity per share	1.5	3.08	-51.39
interest debt per share	5.46	5.35	2.11
market cap	538648940	418840060.0	28.60
enterprise value	817813940	699631060	16.89
pe ratio	14.25	12.2	16.78
price to sales ratio	1.57	1.28	22.96
pocfratio	27.84	36.26	-23.22
pfcf ratio	14.25	157.99	-90.98
pb ratio	7.32	2.77	164.57
ptb ratio	7.32	2.77	164.57
ev to sales	2.39	2.14	11.76
enterprise value over ebitda	25.93	23.83	8.81
ev to operating cash flow	42.27	60.57	-30.21
ev to free cash flow	21.64	263.91	-91.80
earnings yield	0.02	0.02	-14.37
free cash flow yield	0.07	0.01	1,008.58
debt to equity	3.58	1.71	109.79
debt to assets	0.33	0.33	0.07
net debt to ebitda	8.85	9.57	-7.45
current ratio	0.81	1.29	-37.31
interest coverage	4.85	4.82	0.71
income quality	2.08	1.35	54.52
dividend yield	0.01	0.01	-22.17
payout ratio	0.36	0.4	-9.11
sales general and administrative to revenue	0.22	0.23	-5.29
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.33	0.33	-0.56
capex to operating cash flow	0.95	0.77	23.77
capex to revenue	0.05	0.03	98.21
capex to depreciation	2.09	1.01	108.12
stock based compensation to revenue	0.0	0.0	-41.44
graham number	2.55	3.48	-26.84
roic	0.04	0.03	31.21
return on tangible assets	0.02	0.02	7.77
graham net net	-7.82	-7.92	1.27
working capital	-53653000	79771000	-167.26
tangible asset value	-102839000	-108876000	5.54
net current asset value	-411891000	-284110000	-44.98
invested capital	311934000	441894000	-29.41
average receivables	267712000	195475500	36.95
average payables	43558000	44305000	-1.69
average inventory	0.5	0.5	0.00
days sales outstanding	71.02	72.78	-2.41
days payables outstanding	15.79	16.49	-4.25
days of inventory on hand	0	0.0	-100.00
receivables turnover	1.27	1.24	2.47
payables turnover	5.7	5.46	4.44
inventory turnover	0	236747000	-100.00
roe	0.13	0.06	126.55
capex per share	0.38	0.18	107.32

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 14.25 on 2024-09-30 Q3 from 12.20 on 2024-06-30 Q2, representing a change of 16.78%. Indicating an increase in the relative valuation of the company's stock.

• Negative

  Current Ratio: Current Ratio decreased to 0.81 on 2024-09-30 Q3 from 1.29 on 2024-06-30 Q2, representing a change of -37.31%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 3.58 on 2024-09-30 Q3 from 1.71 on 2024-06-30 Q2, representing a change of 109.79%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. A ratio of 2.0 or higher is usually considered risky.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 19.06 which is higher than current price 11.8, indicates the company may be undervalued.