Crawford & Company (CRD-B) Balance Sheet
CRD-B balance sheet, 2025
December 31, 2025 · U.S. dollars$764.3M assets = $592.9M liabilities + $171.4M equity
Both columns are drawn to the same scale: what CRD-B owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CRD-B financial health
Descriptive bands, not a rating. Fiscal 2025.
CRD-B balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $735.9M2016 | $764.3M2025 | +0.4%/yr | |
| Total liabilities | $576.6M2016 | $592.9M2025 | +0.3%/yr | |
| Shareholders’ equity | $153.9M2016 | $173.1M2025 | +1.3%/yr | |
| Cash & short-term investments | $81.6M2016 | $64.1M2025 | −2.6%/yr | |
| Total debt | $188.0M2016 | $270.3M2025 | +4.1%/yr | |
| Net cash (debt) | −$106.4M2016 | −$206.2M2025 | −$99.8M | |
| Working capital | $134.4M2016 | $42.8M2025 | −$91.6M | |
| Book value per share | $2.872016 | $3.462025 | +2.1%/yr | |
| Debt / equity | 1.222016 | 1.562025 | +0.34 | |
| Shares outstanding | 53.7M2016 | 50.1M2025 | −0.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CRD-B assets
CRD-B liabilities and equity
CRD-B debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CRD-B balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $64.1M | $55.4M | $58.4M | $46.0M | $53.2M | $44.7M | $51.8M | $53.1M | $54.0M | $81.6M |
| Cash & equivalents | $64.1M | $55.4M | $58.4M | $46.0M | $53.2M | $44.7M | $51.8M | $53.1M | $54.0M | $81.6M |
| Receivables | $247.0M | $278.5M | $248.0M | $276.5M | $258.1M | $227.9M | $239.9M | $239.4M | $282.9M | $255.4M |
| Inventory | $0 | $0 | −$4.8M | −$126.3M | −$123.7M | $1 | $1 | $0 | $0 | $1 |
| Other current assets | $41.4M | $40.3M | $67.9M | $155.1M | $158.2M | $29.5M | $23.5M | $28.3M | $33.4M | $27.8M |
| Total current assets | $352.4M | $374.2M | $369.3M | $351.3M | $345.9M | $302.0M | $315.2M | $320.8M | $370.4M | $364.7M |
| Property, plant & equipment (net) | $83.0M | $99.4M | $111.4M | $121.1M | $133.1M | $145.7M | $133.8M | $34.3M | $41.7M | $29.6M |
| Goodwill & intangible assets | $255.7M | $262.8M | $255.3M | $247.6M | $289.9M | $208.7M | $222.2M | $254.1M | $283.9M | $259.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $73.2M | $67.4M | $63.2M | $71.5M | $83.7M | $96.5M | $88.9M | $92.2M | $92.0M | $81.9M |
| Total assets | $764.3M | $803.8M | $799.2M | $791.5M | $852.6M | $753.0M | $760.0M | $701.4M | $787.9M | $735.9M |
| Liabilities | ||||||||||
| Accounts payable | $39.8M | $50.6M | $45.1M | $50.8M | $48.5M | $41.5M | $34.4M | $37.8M | $49.3M | $52.0M |
| Short-term debt | $66.2M | $42.4M | $39.2M | $50.0M | $35.9M | $34.6M | $59.3M | $23.3M | $25.2M | $1.0M |
| Deferred revenue | $33.8M | $36.1M | $35.5M | $29.3M | $32.1M | $27.2M | $28.3M | $31.0M | $37.8M | $37.5M |
| Total current liabilities | $309.6M | $299.7M | $299.3M | $279.5M | $303.9M | $242.8M | $236.3M | $225.3M | $256.6M | $230.3M |
| Long-term debt | $150.5M | $200.2M | $194.3M | $211.8M | $164.3M | $111.8M | $148.4M | $167.1M | $200.5M | $187.0M |
| Lease obligations | $81.3M | $91.5M | $102.5M | $107.8M | $113.6M | $126.7M | $117.9M | $94,000 | $1.4M | $1.8M |
| Other long-term liabilities | $132.8M | $148.2M | $165.8M | $176.8M | $173.1M | $211.5M | $210.5M | $128.1M | $137.1M | $159.3M |
| Total liabilities | $592.9M | $648.2M | $659.4M | $668.1M | $641.2M | $566.1M | $595.1M | $520.5M | $594.2M | $576.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $48.9M | $49.3M | $49.1M | $48.6M | $51.8M | $53.4M | $53.3M | $55.3M | $55.9M | $56.0M |
| Retained earnings (deficit) | $233.7M | $237.9M | $228.6M | $213.1M | $266.4M | $265.2M | $249.6M | $273.6M | $269.7M | $261.6M |
| Accumulated other comprehensive income | −$201.7M | −$217.1M | −$218.6M | −$215.3M | −$180.4M | −$198.9M | −$206.9M | −$216.4M | −$196.5M | −$211.8M |
| Minority interest | −$1.7M | −$1.7M | −$1.8M | −$1.2M | −$568,000 | −$11,000 | $3.2M | $4.2M | $4.6M | $5.4M |
| Total shareholders' equity | $173.1M | $157.2M | $141.6M | $124.5M | $212.0M | $186.9M | $159.3M | $171.3M | $182.3M | $153.9M |
| Key figures | ||||||||||
| Total debt | $270.3M | $309.5M | $311.5M | $346.4M | $288.7M | $239.6M | $294.8M | $190.4M | $225.7M | $188.0M |
| Net cash (debt) | −$206.2M | −$254.1M | −$253.2M | −$300.4M | −$235.4M | −$194.9M | −$243.0M | −$137.3M | −$171.7M | −$106.4M |
| Working capital | $42.8M | $74.5M | $70.1M | $71.8M | $42.1M | $59.2M | $78.9M | $95.5M | $113.8M | $134.4M |
| Tangible book value | −$82.6M | −$105.6M | −$113.7M | −$123.1M | −$77.9M | −$21.8M | −$62.9M | −$82.8M | −$101.6M | −$105.8M |
| Book value per share | $3.46 | $3.16 | $2.86 | $2.52 | $3.93 | $3.50 | $2.95 | $3.30 | $3.43 | $2.87 |
| Shares outstanding | 50.1M | 49.7M | 49.6M | 49.5M | 54.0M | 53.4M | 54.1M | 52.0M | 53.2M | 53.7M |
| Current ratio | 1.14 | 1.25 | 1.23 | 1.26 | 1.14 | 1.24 | 1.33 | 1.42 | 1.44 | 1.58 |
| Quick ratio | 1.00 | 1.11 | 1.02 | 1.15 | 1.02 | 1.12 | 1.23 | 1.30 | 1.31 | 1.46 |
| Debt / equity | 1.56 | 1.97 | 2.20 | 2.78 | 1.36 | 1.28 | 1.85 | 1.11 | 1.24 | 1.22 |
| Equity / assets | 22.6% | 19.6% | 17.7% | 15.7% | 24.9% | 24.8% | 21.0% | 24.4% | 23.1% | 20.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $69.4M | $54.5M | $64.1M | $68.8M | $58.5M | $57.4M | $55.4M | $52.3M | $46.7M | $45.2M | $58.4M | $49.2M |
| Cash & equivalents | $69.4M | $54.5M | $64.1M | $68.8M | $58.5M | $57.4M | $55.4M | $52.3M | $46.7M | $45.2M | $58.4M | $49.2M |
| Receivables | $263.5M | $265.0M | $247.0M | $263.3M | $286.2M | $275.5M | $278.5M | $266.4M | $269.9M | $256.2M | $252.8M | $286.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $1 | $0 |
| Other current assets | $29.8M | $48.9M | $41.4M | $39.6M | $31.4M | $39.9M | $40.3M | $43.7M | $35.4M | $44.5M | $58.2M | $44.1M |
| Total current assets | $362.8M | $368.3M | $352.4M | $371.7M | $376.2M | $372.8M | $374.2M | $362.4M | $352.0M | $345.8M | $369.3M | $380.0M |
| Property, plant & equipment (net) | $75.5M | $79.5M | $83.0M | $93.1M | $89.7M | $91.5M | $99.4M | $103.6M | $103.5M | $107.7M | $111.4M | $115.7M |
| Goodwill & intangible assets | $250.1M | $254.8M | $255.7M | $263.5M | $264.7M | $261.9M | $262.8M | $262.0M | $258.6M | $256.9M | $255.3M | $255.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $69.9M | $69.0M | $73.2M | $71.6M | $68.8M | $66.0M | $67.4M | $72.8M | $71.7M | $65.8M | $63.2M | $76.5M |
| Total assets | $758.3M | $771.6M | $764.3M | $799.8M | $799.4M | $792.3M | $803.8M | $800.8M | $785.8M | $776.3M | $799.2M | $827.2M |
| Liabilities | ||||||||||||
| Accounts payable | $44.4M | $59.2M | $39.8M | $45.5M | $46.0M | $44.6M | $50.6M | $43.7M | $43.4M | $45.2M | $45.1M | $44.5M |
| Short-term debt | $75.2M | $70.4M | $66.2M | $47.5M | $46.5M | $64.9M | $42.4M | $57.4M | $48.8M | $43.8M | $39.2M | $41.7M |
| Deferred revenue | $35.1M | $33.7M | $33.8M | $36.2M | $37.3M | $35.7M | $36.1M | $35.4M | $36.2M | $37.2M | $35.5M | $34.5M |
| Total current liabilities | $305.4M | $323.2M | $309.6M | $274.3M | $281.1M | $286.2M | $299.7M | $283.4M | $272.2M | $264.1M | $299.3M | $290.7M |
| Long-term debt | $150.6M | $150.6M | $150.5M | $0 | $202.7M | $205.3M | $200.2M | $205.9M | $209.4M | $210.8M | $194.3M | $201.5M |
| Lease obligations | $72.6M | $77.0M | $81.3M | — | $84.0M | $84.8M | $91.5M | $95.5M | $95.3M | $98.7M | $102.5M | $105.2M |
| Other long-term liabilities | $117.8M | $123.4M | $132.8M | $339.9M | $140.3M | $141.8M | $148.2M | $152.3M | $154.5M | $158.1M | $165.8M | $172.1M |
| Total liabilities | $573.7M | $597.2M | $592.9M | $614.2M | $624.0M | $633.2M | $648.2M | $641.6M | $636.1M | $633.0M | $659.4M | $664.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $48.5M | $48.7M | $48.9M | $49.4M | $49.5M | $49.4M | $49.3M | $49.1M | $49.1M | $49.1M | $49.1M | $48.9M |
| Retained earnings (deficit) | $236.6M | $230.0M | $233.7M | $251.5M | $245.5M | $241.2M | $237.9M | $235.9M | $231.3M | $227.3M | $228.6M | $234.7M |
| Accumulated other comprehensive income | −$191.2M | −$193.6M | −$201.7M | −$207.2M | −$208.8M | −$218.4M | −$217.1M | −$211.4M | −$214.4M | −$214.8M | −$218.6M | −$202.6M |
| Minority interest | −$1.9M | −$1.8M | −$1.7M | — | −$1.5M | −$1.6M | −$1.7M | — | — | — | — | — |
| Total shareholders' equity | $186.4M | $176.3M | $173.1M | $187.3M | $176.9M | $160.6M | $157.2M | $160.9M | $151.4M | $144.7M | $141.6M | $164.6M |
| Key figures | ||||||||||||
| Total debt | $270.7M | $271.1M | $270.3M | $305.6M | $309.5M | $331.4M | $309.5M | $333.8M | $329.1M | $328.9M | $311.5M | $323.6M |
| Net cash (debt) | −$201.3M | −$216.6M | −$206.2M | −$236.8M | −$251.0M | −$274.0M | −$254.1M | −$281.5M | −$282.4M | −$283.7M | −$253.2M | −$274.4M |
| Working capital | $57.4M | $45.1M | $42.8M | $97.4M | $95.1M | $86.6M | $74.5M | $79.0M | $79.8M | $81.7M | $70.1M | $89.3M |
| Tangible book value | −$63.7M | −$78.5M | −$82.6M | −$76.2M | −$87.8M | −$101.3M | −$105.6M | −$101.1M | −$107.2M | −$112.2M | −$113.7M | −$90.3M |
| Book value per share | $3.81 | $3.57 | $3.46 | $3.74 | $3.54 | $3.22 | $3.15 | $3.25 | $3.06 | $2.90 | $2.90 | $3.30 |
| Shares outstanding | 49.0M | 49.4M | 50.1M | 50.1M | 50.0M | 49.9M | 49.9M | 49.5M | 49.5M | 49.8M | 48.9M | 49.9M |
| Current ratio | 1.19 | 1.14 | 1.14 | 1.36 | 1.34 | 1.30 | 1.25 | 1.28 | 1.29 | 1.31 | 1.23 | 1.31 |
| Quick ratio | 1.09 | 0.99 | 1.00 | 1.21 | 1.23 | 1.16 | 1.11 | 1.12 | 1.16 | 1.14 | 1.04 | 1.16 |
| Debt / equity | 1.45 | 1.54 | 1.56 | 1.63 | 1.75 | 2.06 | 1.97 | 2.07 | 2.17 | 2.27 | 2.20 | 1.97 |
| Equity / assets | 24.6% | 22.8% | 22.6% | 23.4% | 22.1% | 20.3% | 19.6% | 20.1% | 19.3% | 18.6% | 17.7% | 19.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 2, 2026); data from EODHD.
CRD-B financial position
At the end of fiscal 2025 (December 31, 2025), Crawford & had total assets of $764.3 million (down 4.9% from a year earlier), total liabilities of $592.9 million and shareholders' equity of $173.1 million. It held $64.1 million in cash and short-term investments against $270.3 million of debt, net debt of $206.2 million. Its current ratio was 1.14. In the latest quarter (ended June 30, 2026) total assets were $758.3 million and equity $186.4 million.
Related: CRD-B income statement, CRD-B cash flow statement, CRD-B key metrics. See the CRD-B stock overview for the latest quote and news.
CRD-B balance sheet FAQ
What are Crawford &'s total assets?
Crawford & reported total assets of $764.3 million at the end of fiscal 2025 (December 31, 2025), compared with $803.8 million a year earlier.
How much debt does Crawford & have?
Crawford & had $270.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.56.
How much cash does Crawford & have?
Crawford & held $64.1 million in cash and short-term investments at the end of fiscal 2025; with $270.3 million of debt that is net debt of $206.2 million.
What is Crawford &'s book value?
Crawford &'s shareholders' equity (book value) was $173.1 million at the end of fiscal 2025, or $3.46 per share.
What is Crawford &'s current ratio?
Crawford & had current assets of $352.4 million and current liabilities of $309.6 million, a current ratio of 1.14 (it can cover its short-term obligations).
How much goodwill does Crawford & have?
Crawford & carried $255.7 million of goodwill and intangible assets, 33.5% of total assets, at the end of fiscal 2025.