Crane NXT Co (CXT)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 188,300 | 397,000 | 389,700 | 395,300 | 401,100 | 215,000 | 287,000 | 376,500 | 435,400 | 410,200 | 350,200 | 226,700 | 181,000 | 21,500 | 37,400 | 113,600 | 133,300 | 335,100 | 359,600 | 349,300 |
| Revenue (ttm) | US$ in thousands | 1,905,100 | 3,921,400 | 3,903,600 | 3,885,200 | 3,913,800 | 2,311,100 | 2,869,800 | 3,391,300 | 3,299,400 | 3,212,500 | 3,005,200 | 2,794,000 | 2,761,300 | 2,915,200 | 3,001,000 | 3,198,300 | 3,283,100 | 3,285,200 | 3,368,700 | 3,378,100 |
| Net profit margin | 9.88% | 10.12% | 9.98% | 10.17% | 10.25% | 9.30% | 10.00% | 11.10% | 13.20% | 12.77% | 11.65% | 8.11% | 6.55% | 0.74% | 1.25% | 3.55% | 4.06% | 10.20% | 10.67% | 10.34% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $188,300K ÷ $1,905,100K
= 9.88%
Crane NXT Co's net profit margin has shown some fluctuations over the past several quarters, ranging from a low of 0.74% in March 2020 to a high of 13.20% in March 2022. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses.
The company has generally maintained a net profit margin above 5% in recent quarters, indicating a decent level of profitability. However, there are some quarters where the margin dipped below this threshold, suggesting potential challenges in controlling costs or generating sufficient revenue.
It is noteworthy that the net profit margin has been on a slight decline during the most recent quarters, from 10.25% in December 2022 to 9.88% in December 2023. This trend may warrant further investigation into the company's cost structure, pricing strategy, and overall efficiency in generating profits.
Overall, while Crane NXT Co has demonstrated periods of strong profitability, there may be areas for improvement to sustain and enhance its net profit margin in the future.
Peer comparison
Dec 31, 2023