NYSE : CXT
Crane NXT, Co. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 60.22 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.47B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Crane NXT, Co. (CXT) reported revenue of 1.80B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.80B | 1.66B | 1.49B | 1.39B | 1.34B | 1.35B |
| Cost of Revenue | 1.04B | 952.90M | 821.70M | 737.20M | 713.70M | 746.20M |
| Gross Profit | 759.30M | 703.80M | 665.10M | 654.10M | 626.20M | 598.90M |
| Selling, General & Admin | 455.80M | 417.50M | 368.60M | 347.30M | 319.90M | 323.70M |
| Operating Expenses | 455.80M | 417.50M | 368.60M | 347.30M | 319.90M | 323.70M |
| Operating Income | 303.50M | 286.30M | 296.50M | 306.80M | 306.30M | 275.20M |
| Interest Expense | -71.20M | -60.30M | -47.80M | -50.60M | -56.30M | -57.90M |
| Interest & Investment Income | 1.00M | 1.00M | 1.60M | 1.10M | 200.00K | 100.00K |
| Earnings From Equity Investments | -7.10M | -11.50M | 800.00K | |||
| Other Non Operating Income (Expenses) | 3.40M | 6.40M | 5.30M | 5.00M | 4.30M | 5.00M |
| EBT Excluding Unusual Items | 229.60M | 221.90M | 256.40M | 262.30M | 254.50M | 222.40M |
| Merger & Restructuring Charges | -52.40M | -40.90M | -28.60M | -21.40M | -6.20M | 3.70M |
| Other Unusual Items | -1.40M | -1.10M | ||||
| Pretax Income | 177.20M | 181.00M | 226.40M | 239.80M | 248.30M | 226.10M |
| Income Tax Expense | 35.80M | 35.90M | 42.30M | 51.50M | 43.40M | 48.10M |
| Net Income | 140.30M | 145.10M | 184.10M | 188.30M | 204.90M | 178.00M |
| Net Income to Common | 140.30M | 145.10M | 184.10M | 188.30M | 204.90M | 178.00M |
| Shares Outstanding (Basic) | 57.50M | 57.40M | 57.10M | 56.80M | 56.70M | 56.70M |
| Shares Outstanding (Diluted) | 58.05M | 58.00M | 57.80M | 57.50M | 56.70M | 56.70M |
| EPS (Basic) | 2.44 | 2.53 | 3.22 | 3.32 | 3.61 | 3.14 |
| EPS (Diluted) | 2.42 | 2.50 | 3.19 | 3.28 | 3.61 | 3.14 |
| Free Cash Flow | 224.00M | 198.30M | 168.70M | 245.20M | 284.70M | 258.40M |
| Free Cash Flow Per Share | 3.86 | 3.42 | 2.92 | 4.26 | 5.02 | 4.56 |
| Dividend Per Share | 0.70 | 0.68 | 0.64 | 0.42 | ||
| Gross Margin | 42.12% | 42.48% | 44.73% | 47.01% | 46.73% | 44.52% |
| Operating Margin | 16.83% | 17.28% | 19.94% | 22.05% | 22.86% | 20.46% |
| Profit Margin | 7.78% | 8.76% | 12.38% | 13.53% | 15.29% | 13.23% |
| Free Cash Flow Margin | 12.42% | 11.97% | 11.35% | 17.62% | 21.25% | 19.21% |
| EBITDA | 429.90M | 392.90M | 383.30M | 384.40M | 385.00M | 357.00M |
| EBITDA Margin | 23.84% | 23.72% | 25.78% | 27.63% | 28.73% | 26.54% |
| D&A For EBITDA | 126.40M | 106.60M | 86.80M | 77.60M | 78.70M | 81.80M |
| EBIT | 303.50M | 286.30M | 296.50M | 306.80M | 306.30M | 275.20M |
| EBIT Margin | 16.83% | 17.28% | 19.94% | 22.05% | 22.86% | 20.46% |
| Effective Tax Rate | 20.20% | 19.83% | 18.68% | 21.48% | 17.48% | 21.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 231.40M | 233.80M | 165.80M | 227.20M | 230.70M | 101.20M |
| Cash & Short-Term Investments | 231.40M | 233.80M | 165.80M | 227.20M | 230.70M | 101.20M |
| Accounts Receivable | 461.70M | 407.90M | 303.60M | 245.20M | 236.90M | 241.60M |
| Other Receivables | 18.90M | 12.70M | 8.60M | |||
| Receivables | 480.60M | 420.60M | 312.20M | 245.20M | 236.90M | 241.60M |
| Inventory | 238.50M | 169.50M | 144.80M | 157.10M | 145.60M | 139.10M |
| Restricted Cash | 2.70M | 5.30M | 800.00K | |||
| Other Current Assets | 27.30M | 23.70M | 18.90M | 14.90M | 10.10M | 13.70M |
| Total Current Assets | 980.50M | 852.90M | 642.50M | 644.40M | 623.30M | 495.60M |
| Property, Plant & Equipment | 318.40M | 371.00M | 332.70M | 309.00M | 295.60M | 327.20M |
| Long-Term Investments | 8.20M | 139.40M | 1.30M | 400.00K | 1.60M | |
| Goodwill | 1.44B | 1.16B | 956.60M | 841.20M | 836.60M | 860.60M |
| Other Intangible Assets | 745.70M | 557.20M | 419.30M | 308.90M | 344.90M | 388.50M |
| Long-Term Deferred Tax Assets | 13.00M | 2.50M | 2.20M | 2.70M | 6.30M | 4.50M |
| Other Long-Term Assets | 93.30M | 29.40M | 31.90M | 23.20M | 22.30M | 21.10M |
| Total Assets | 3.60B | 3.12B | 2.39B | 2.13B | 2.13B | 2.10B |
| Accounts Payable | 118.80M | 132.30M | 116.60M | 106.50M | 109.60M | 101.40M |
| Accrued Expenses | 174.30M | 145.80M | 123.00M | 105.20M | 98.80M | 98.60M |
| Short-Term Debt | 193.90M | 126.00M | 210.00M | |||
| Current Portion of Long-Term Debt | 9.10M | 4.60M | 299.70M | |||
| Current Portion of Leases | 13.20M | 14.60M | 10.60M | 7.20M | 7.40M | 8.30M |
| Current Income Taxes Payable | 21.90M | 28.70M | 24.60M | 12.80M | 17.90M | 9.60M |
| Current Unearned Revenue | 158.70M | 87.30M | 71.40M | 92.50M | 93.60M | 60.80M |
| Other Current Liabilities | 12.00M | 25.30M | 6.20M | 5.60M | 4.40M | 6.90M |
| Total Current Liabilities | 692.80M | 569.10M | 562.40M | 334.40M | 631.40M | 285.60M |
| Long-Term Debt | 1.26B | 1.00B | 540.60M | 640.30M | 545.10M | 844.30M |
| Long-Term Leases | 55.60M | 52.70M | 42.60M | 29.00M | 23.70M | |
| Long-Term Unearned Revenue | 24.90M | 17.00M | 13.50M | |||
| Pension & Post-Retirement Benefits | 28.70M | 19.10M | 19.40M | 22.50M | 21.10M | 31.60M |
| Long-Term Deferred Tax Liabilities | 204.80M | 151.00M | 119.00M | 104.50M | 109.50M | 137.20M |
| Other Long-Term Liabilities | 98.10M | 43.40M | 14.00M | 21.10M | 9.50M | 12.90M |
| Total Liabilities | 2.31B | 1.86B | 1.32B | 1.17B | 1.35B | 1.34B |
| Common Stock | 72.40M | 72.40M | 72.40M | 72.40M | 915.30M | 836.10M |
| Additional Paid-In Capital | 1.71B | 1.72B | 1.72B | 1.73B | ||
| Retained Earnings | 395.60M | 374.50M | 268.40M | 120.90M | ||
| Treasury Stock | -801.20M | -810.50M | -823.20M | -838.80M | ||
| Comprehensive Income & Other | -112.60M | -99.90M | -172.60M | -118.60M | -131.50M | -72.30M |
| Total Common Equity | 1.27B | 1.25B | 1.06B | 964.00M | 783.80M | 763.80M |
| Minority Interest | 19.50M | 3.80M | ||||
| Shareholders' Equity | 1.29B | 1.26B | 1.06B | 964.00M | 783.80M | 763.80M |
| Total Liabilities & Equity | 3.60B | 3.12B | 2.39B | 2.13B | 2.13B | 2.10B |
| Total Debt | 1.47B | 1.21B | 813.90M | 694.70M | 881.20M | 876.30M |
| Net Cash (Debt) | -1.24B | -975.90M | -648.10M | -467.50M | -650.50M | -775.10M |
| Net Cash Per Share | -21.29 | -16.83 | -11.21 | -8.13 | -11.47 | -13.67 |
| Filing Date Shares Outstanding | 57.56M | 57.44M | 57.24M | 56.94M | 56.70M | 56.70M |
| Total Common Shares Outstanding | 57.56M | 57.44M | 57.20M | 56.90M | 56.70M | 56.70M |
| Working Capital | 287.70M | 283.80M | 80.10M | 310.00M | -8.10M | 210.00M |
| Book Value Per Share | 22.00 | 21.81 | 18.62 | 16.94 | 13.82 | |
| Tangible Book Value | -915.40M | -468.20M | -311.00M | -186.10M | -397.70M | -485.30M |
| Tangible Book Value Per Share | -15.90 | -8.15 | -5.44 | -3.27 | -7.01 | |
| Land | 35.10M | 33.60M | 34.80M | 31.00M | 33.00M | |
| Buildings | 146.40M | 121.40M | 123.20M | 117.30M | 107.60M | |
| Machinery | 507.40M | 444.80M | 406.10M | 373.20M | 403.30M | |
| Order Backlog | 492.80M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 140.30M | 145.10M | 184.10M | 188.30M | 204.90M | 178.00M |
| Depreciation & Amortization | 126.40M | 106.60M | 86.80M | 77.60M | 78.70M | 81.80M |
| Loss (Gain) on Equity Investments | 7.10M | 11.50M | -800.00K | |||
| Stock-Based Compensation | 25.90M | 12.70M | 10.60M | 10.30M | 9.30M | 8.60M |
| Other Operating Activities | -4.50M | -17.40M | -16.00M | 100.00K | -26.20M | 2.50M |
| Change in Accounts Receivable | -56.00M | -46.80M | -44.40M | -6.30M | 300.00K | -22.20M |
| Change in Inventory | -11.40M | 5.20M | 21.30M | -1.00M | -12.70M | 9.30M |
| Change in Accounts Payable | -6.00M | 5.90M | 5.70M | -6.80M | 13.90M | 21.90M |
| Change in Income Taxes | 3.70M | -1.90M | 4.20M | 16.60M | 4.00M | 15.40M |
| Change in Other Net Operating Assets | 45.00M | 20.60M | -37.40M | -2.50M | 33.80M | -18.30M |
| Operating Cash Flow | 270.50M | 241.50M | 214.10M | 276.30M | 306.00M | 277.00M |
| Capital Expenditures | -46.50M | -43.20M | -45.40M | -31.10M | -21.30M | -18.60M |
| Sale of Property, Plant & Equipment | 5.20M | 100.00K | 2.80M | |||
| Cash Acquisitions | -222.50M | -391.10M | -269.90M | |||
| Investment in Securities | -116.50M | -116.50M | ||||
| Other Investing Activities | -200.00K | 1.70M | -2.70M | |||
| Investing Cash Flow | -380.50M | -549.00M | -318.00M | -31.10M | -21.30M | -15.80M |
| Short-Term Debt Issued | 406.50M | 448.50M | 20.00M | |||
| Long-Term Debt Issued | 532.00M | 350.00M | ||||
| Total Debt Issued | 716.40M | 938.50M | 448.50M | 370.00M | ||
| Short-Term Debt Repaid | -490.50M | -238.50M | -20.00M | |||
| Long-Term Debt Repaid | -40.90M | -105.00M | -545.00M | |||
| Total Debt Repaid | -483.00M | -531.40M | -343.50M | -565.00M | ||
| Net Debt Issued (Repaid) | 233.40M | 407.10M | 105.00M | -195.00M | ||
| Issuance of Common Stock | 23.00M | 24.00M | 3.30M | 5.00M | ||
| Repurchase of Common Stock | -3.40M | -6.20M | -6.90M | -600.00K | ||
| Common Dividends Paid | -40.20M | -39.00M | -36.60M | -23.70M | ||
| Other Financing Activities | -23.70M | -22.30M | -2.70M | -38.20M | -135.00M | -298.10M |
| Financing Cash Flow | 189.10M | 363.60M | 62.10M | -252.50M | -135.00M | -298.10M |
| Foreign Exchange Rate Adjustments | -2.50M | 16.70M | -12.00M | 3.80M | -20.20M | -7.00M |
| Net Cash Flow | 76.60M | 72.80M | -53.80M | -3.50M | 129.50M | -43.90M |
| Free Cash Flow | 224.00M | 198.30M | 168.70M | 245.20M | 284.70M | 258.40M |
| Free Cash Flow Margin | 12.42% | 11.97% | 11.35% | 17.62% | 21.25% | 19.21% |
| Free Cash Flow Per Share | 3.86 | 3.42 | 2.92 | 4.26 | 5.02 | 4.56 |
| Levered Free Cash Flow | 239.79M | 152.55M | 167.14M | 190.62M | 271.75M | |
| Unlevered Free Cash Flow | 284.29M | 190.24M | 197.01M | 222.25M | 306.94M | |
| Cash Interest Paid | 64.90M | 55.60M | 44.10M | 45.10M | 41.20M | 41.20M |
| Cash Income Tax Paid | 41.80M | 50.90M | 63.80M | 46.00M | 63.50M | 25.30M |
| Change in Working Capital | -24.70M | -17.00M | -50.60M | 39.30M | 6.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.50B | 2.70B | 3.33B | 3.23B | ||
| Enterprise Value | 4.74B | 3.61B | 3.97B | 3.77B | ||
| Last Close Price | 58.60 | 46.52 | 56.85 | 54.95 | ||
| PE Ratio | 25.14 | 18.63 | 18.08 | 17.16 | ||
| Forward PE | 13.58 | 10.59 | 13.31 | 13.96 | ||
| PS Ratio | 1.87 | 1.63 | 2.24 | 2.32 | ||
| PB Ratio | 2.66 | 2.15 | 3.13 | 3.35 | ||
| P/FCF Ratio | 15.06 | 13.63 | 19.73 | 13.18 | ||
| P/OCF Ratio | 12.47 | 11.19 | 15.55 | 11.69 | ||
| PEG Ratio | 1.45 | 1.21 | 1.48 | 1.55 | ||
| EV/Sales Ratio | 2.56 | 2.18 | 2.67 | 2.71 | ||
| EV/EBITDA Ratio | 10.72 | 9.20 | 10.35 | 9.80 | ||
| EV/EBIT Ratio | 15.19 | 12.62 | 13.38 | 12.28 | ||
| EV/FCF Ratio | 20.57 | 18.23 | 23.52 | 15.36 | ||
| Debt / Equity Ratio | 1.14 | 0.96 | 0.76 | 0.72 | 1.12 | 1.15 |
| Debt / EBITDA Ratio | 3.24 | 2.92 | 2.03 | 1.75 | 2.21 | 2.36 |
| Debt / FCF Ratio | 6.55 | 6.10 | 4.83 | 2.83 | 3.10 | 3.39 |
| Net Debt / Equity Ratio | 0.96 | 0.78 | 0.61 | 0.48 | 0.83 | 1.01 |
| Net Debt / EBITDA Ratio | 2.87 | 2.48 | 1.69 | 1.22 | 1.69 | 2.17 |
| Net Debt / FCF Ratio | 5.52 | 4.92 | 3.84 | 1.91 | 2.29 | 3.00 |
| Asset Turnover | 0.55 | 0.60 | 0.66 | 0.65 | 0.63 | |
| Inventory Turnover | 4.87 | 6.06 | 5.44 | 4.87 | 5.01 | |
| Quick Ratio | 1.03 | 1.15 | 0.85 | 1.41 | 0.74 | 1.20 |
| Current Ratio | 1.42 | 1.50 | 1.14 | 1.93 | 0.99 | 1.74 |
| Return on Equity (ROE) | 11.48% | 12.50% | 18.15% | 21.55% | 26.48% | |
| Return on Assets (ROA) | 5.83% | 6.50% | 8.21% | 9.01% | 9.05% | |
| Return on Invested Capital (ROIC) | 9.54% | 11.63% | 15.33% | 16.81% | 17.00% | 14.08% |
| Return on Capital Employed (ROCE) | 10.50% | 11.20% | 16.30% | 17.10% | 20.40% | 15.20% |
| Earnings Yield | 3.98% | 5.37% | 5.53% | 5.83% | ||
| FCF Yield | 6.64% | 7.34% | 5.07% | 7.59% | ||
| Dividend Yield | 1.18% | 1.44% | 1.10% | 0.74% | ||
| Payout Ratio | 29.76% | 26.88% | 19.88% | 12.59% | ||
| Buyback Yield / Dilution | -0.26% | -0.35% | -0.52% | -1.41% | ||
| Total Shareholder Return | 0.97% | 1.10% | 0.58% | -0.67% |