Crane NXT Co (CXT)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 18.03% | 14.52% | 36.41% | 32.86% | 38.35% |
| Operating profit margin | 20.61% | 8.93% | 15.53% | 8.95% | 5.96% |
| Pretax margin | 17.24% | 16.68% | 14.75% | 7.64% | 5.35% |
| Net profit margin | 13.53% | 6.07% | 12.78% | 6.16% | 4.34% |
Crane NXT Co's profitability ratios have shown fluctuations over the past five years. The gross profit margin, a measure of a company's ability to generate revenue after deducting the cost of goods sold, has shown a declining trend from 38.35% in 2019 to 18.03% in 2023. This indicates potential difficulties in managing production costs.
The operating profit margin, which reveals the company's operational efficiency, witnessed significant variability, with a notable increase in 2023 to 20.61% compared to 5.96% in 2019. This suggests that the company has improved its cost controls and operational performance in the most recent year.
The pretax margin, representing the company's profitability before taxes, has also shown fluctuations over the years, reaching a peak of 17.24% in 2023. This indicates the company's ability to manage expenses and generate profits before tax efficiently.
The net profit margin, reflecting the company's profitability after all expenses have been deducted, has also displayed variations, with a notable increase in 2023 to 13.53% from 4.34% in 2019. This improvement indicates enhanced profitability for Crane NXT Co in the most recent year.
Overall, while some ratios have shown improvements in 2023, there is a need for continued monitoring of the company's cost efficiency and profitability to ensure sustained growth and financial health.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.47% | 14.15% | 11.80% | 5.70% | 4.14% |
| Return on assets (ROA) | 8.84% | 9.62% | 9.70% | 3.92% | 3.01% |
| Return on total capital | 20.01% | 46.34% | 34.22% | 11.79% | 9.13% |
| Return on equity (ROE) | 19.53% | 26.14% | 57.00% | 11.84% | 9.05% |
Crane NXT Co's profitability ratios have shown positive trends over the past five years, indicating an improvement in the company's ability to generate profits from its assets and capital.
The Operating return on assets (Operating ROA) has exhibited a steady growth, reaching 13.47% in 2023 from 4.14% in 2019. This indicates that the company has been able to generate more operating income relative to its total assets over time.
Return on assets (ROA) has also shown an upward trend, increasing from 3.01% in 2019 to 8.84% in 2023. This suggests that the company's overall profitability in relation to its total assets has been improving significantly.
Return on total capital reflects the company's ability to generate returns for both equity and debt holders. The ratio has fluctuated over the years, with a notable spike in 2022 at 46.34%. Despite some fluctuations, the trend shows an overall improvement in generating returns from total capital.
Return on equity (ROE) has also witnessed a positive trajectory, indicating the company's ability to generate profits for its equity shareholders. The ROE has increased from 9.05% in 2019 to 19.53% in 2023, reflecting a strong performance in utilizing equity capital efficiently.
Overall, the profitability ratios for Crane NXT Co demonstrate consistent improvement and efficiency in utilizing its assets and capital to generate profits over the past five years.