SequelSEC

Crane NXT, Co. CXT

Miscellaneous Fabricated Metal Products · CIK 0000025445 · Fiscal year ends 1231

Revenue
$1.66B
Fiscal year ended 2025-12-31
Operating income
$246.70M
Fiscal year ended 2025-12-31
Free cash flow
$198.30M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$2.64BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$45.94Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income18.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity2.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

18.2× earnings today, against a median of 19.1× across 10 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-06-30$2.64B18.2×
2024-06-30$3.00B16.3×
2023-06-30$2.72B14.5×
2022-06-30$4.11B20.1×
2021-06-30$4.56B25.6×
2020-06-30$2.90B16.0×
2019-06-29$5.00B37.5×
2018-06-30$3.99B11.9×
2017-06-30$4.73B27.5×
2016-06-30$3.31B27.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Miscellaneous Fabricated Metal Products filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity0.80x100th
Effective tax rate19.8%0th
Revenue YoY growth11.4%100th
Gross margin42.5%83th
R&D / revenue2.8%83th
FCF margin12.0%25th
Current ratio1.50x33th
Operating margin14.9%33th
SBC / revenue0.8%33th
Net margin8.8%40th
CapEx / revenue2.6%50th

Crane NXT, Co. (CXT) reported revenue of $1.66B and net income of $145.10M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Crane NXT, Co.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Fabricated Metal Products.

Income

Crane NXT, Co. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$1.66B$1.49B$1.39B$1.34B$1.35B$2.94B$3.07B$3.35B$2.79B$2.75B
Cost of revenue$952.90M$821.70M$737.20M$713.70MUnavailable$1.93B$1.94B$2.16B$1.77B$1.76B
Gross profit$703.80M$665.10M$654.10M$626.20MUnavailable$965.10M$1.18B$1.19B$1.02B$989.70M
Operating income$246.70M$268.80M$286.80M$301.30M$279.20M$262.90M$183.10M$441.30M$388.40M$186.70M
Net income$145.10M$184.10M$188.30M$204.90M$178.00M$181.00M$133.30M$335.60M$171.80M$122.80M
Research & development$46.00M$39.50M$42.80M$33.90M$33.20M$74.60M$74.00M$89.10M$58.50M$61.50M
Weighted-average diluted sharesshares 58.00Mshares 57.80Mshares 57.50Mshares 56.70Mshares 56.70Mshares 58.80Mshares 60.60Mshares 61.00Mshares 60.40Mshares 59.30M
Pretax income$181.00M$226.40M$239.80M$248.30M$226.10M$224.50M$143.90M$411.40M$367.50M$164.10M
Income tax expense$35.90M$42.30M$51.50M$43.40M$48.10M$43.40M$31.30M$75.90M$195.00M$40.30M
Diluted EPS$2.50$3.19$3.28$3.61$3.14$3.08$2.20$5.50$2.84$2.07
Selling, general & administrative$440.30M$386.20M$366.80M$318.70M$323.40M$698.10M$678.60M$711.90M$605.90M$610.60M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Crane NXT, Co. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$233.80M$165.80M$227.20M$230.70M$478.60M$551.00M$393.90M$343.40M$706.20M$509.70M
Total assets$3.12B$2.39B$2.13B$2.13B$4.49B$4.62B$4.42B$4.04B$3.59B$3.43B
Current assets$852.90M$642.50M$644.40M$623.30M$1.54B$1.57B$1.50B$1.36B$1.52B$1.32B
Total liabilities$1.86B$1.32B$1.17B$1.35B$2.65B$3.08B$2.95B$2.52B$2.24B$2.28B
Current liabilities$569.10M$562.40M$334.40M$631.40M$789.30M$1.06B$916.70M$740.20M$837.50M$520.80M
Total equity incl. NCI$1.25B$1.06B$964.00M$783.80M$763.80M$914.10M$1.48B$1.53B$1.35B$1.15B
Temporary (mezzanine) equity$6.90M$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$169.50M$144.80M$157.10M$145.60M$449.10M$429.70M$457.30M$411.50M$349.30M$342.50M
Accounts receivable$351.80M$265.90M$214.90M$205.10M$483.00M$423.90M$555.10M$515.80M$418.40M$396.40M
Goodwill$1.16B$956.60M$841.20M$836.60M$860.60M$1.61B$1.30B$1.40B$1.21B$1.21B
Long-term debt$1.00B$540.60M$640.30M$545.10M$842.40M$842.90M$842.00M$942.30M$494.10M$745.30M
Accounts payable$132.30M$116.60M$106.50M$109.60M$273.70M$198.90M$311.10M$329.20M$247.40M$223.20M

Cash flow

Crane NXT, Co. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$241.50M$214.10M$276.30M$306.00M$277.00M$309.50M$393.90M$413.80M$317.50M$318.10M
Capital expenditures$43.20M$45.40M$31.10M$21.30M$18.60M$34.10M$64.40M$108.80M$49.00M$51.50M
Investing cash flow-$549.00M-$318.00M-$31.10M-$21.30M-$15.80M-$229.10M-$221.00M-$752.30M-$86.70M-$50.60M
Financing cash flow$363.60M$62.10M-$252.50M-$135.00M-$298.10M$55.10M-$124.60M-$7.90M-$80.80M-$100.40M
Net change in cash$72.80M-$53.80M-$3.50M$129.50M-$43.90M$157.10M$50.50M-$362.80M$196.50M$146.20M
Stock-based compensation$12.70M$10.60M$10.30M$9.30M$8.60M$22.30M$21.80M$21.60M$21.80M$21.70M
Common dividends paid$39.00M$36.60M$23.70M$0$0$100.40M$93.20M$83.50M$78.40M$77.20M
Common share repurchasesUnavailableUnavailableUnavailable$203.70M$96.30M$70.00M$79.90M$50.10M$25.00M$0
Depreciation & amortization$106.60M$86.80M$77.60M$78.70M$81.80M$127.50M$107.90M$120.00M$72.70M$67.40M

Derived

Crane NXT, Co. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$198.30M$168.70M$245.20M$284.70M$258.40M$275.40MUnavailable$305.00M$268.50M$266.60M
Gross margin42.5%44.7%47.0%46.7%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin14.9%18.1%20.6%22.5%20.8%9.0%6.0%13.2%13.9%6.8%
FCF margin12.0%11.3%17.6%21.2%19.2%9.4%Unavailable9.1%9.6%9.7%
SBC / revenue0.8%0.7%0.7%0.7%0.6%0.8%0.7%0.6%0.8%0.8%
Current ratio1.50x1.14x1.93x0.99x1.96x1.49x1.64x1.84x1.81x2.53x
Revenue YoY growth11.4%6.9%3.8%-0.4%-54.2%-4.5%-8.1%20.1%1.4%Unavailable
Net margin8.8%12.4%13.5%15.3%13.2%6.2%4.3%10.0%6.2%4.5%
R&D / revenue2.8%2.7%3.1%2.5%2.5%2.5%2.4%2.7%2.1%2.2%
CapEx / revenue2.6%3.1%2.2%1.6%1.4%1.2%2.1%3.3%1.8%1.9%
Long-term debt / equity0.80xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate19.8%18.7%21.5%17.5%21.3%19.3%21.8%18.4%53.1%24.6%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CXT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-07View SEC filing

Companies in the same industry

Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2021-12-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.

balance equationreview2021-12-31

Difference 1071300000 exceeds tolerance 4486600.000. Presentation or filing-vintage differences need review.

balance equationreview2020-12-31

Difference 617000000 exceeds tolerance 4615000.000. Presentation or filing-vintage differences need review.