Crane NXT Co (CXT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 184,100 | 188,300 | 401,100 | 435,400 | 181,000 |
| Revenue | US$ in thousands | 1,486,800 | 1,391,300 | 3,374,900 | 3,408,000 | 2,936,900 |
| Net profit margin | 12.38% | 13.53% | 11.88% | 12.78% | 6.16% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $184,100K ÷ $1,486,800K
= 12.38%
The net profit margin of Crane NXT Co has shown a positive trend over the past five years, increasing from 6.16% as of December 31, 2020, to 12.38% as of December 31, 2024. This indicates that the company has been effectively managing its expenses relative to its revenue in order to generate higher profits. The peak net profit margin of 13.53% as of December 31, 2023, suggests that the company experienced strong profitability during that period. Overall, the consistent improvement in net profit margin reflects positively on Crane NXT Co's financial performance and indicates efficient cost management and potentially increasing profitability over the years.
Peer comparison
Dec 31, 2024