Crane NXT Co (CXT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 268,800 | 286,800 | 369,500 | 529,200 | 262,900 |
| Revenue | US$ in thousands | 1,486,800 | 1,391,300 | 3,374,900 | 3,408,000 | 2,936,900 |
| Operating profit margin | 18.08% | 20.61% | 10.95% | 15.53% | 8.95% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $268,800K ÷ $1,486,800K
= 18.08%
Crane NXT Co's operating profit margin has shown fluctuations in the past five years. In December 31, 2020, the operating profit margin stood at 8.95%, indicating that for every dollar of sales, the company generated a profit of 8.95 cents. Over the subsequent years, the margin displayed a positive trend, reaching 15.53% by December 31, 2021. This improvement suggests that the company became more efficient in controlling its operating expenses or that its revenue grew at a faster rate than its operating expenses.
However, in the following year, the operating profit margin dropped to 10.95%, signifying a decrease in profitability compared to the previous year. This decline could be attributed to various factors such as an increase in operating expenses, a slowdown in revenue growth, or other cost-related issues. Subsequently, by December 31, 2023, the operating profit margin significantly improved to 20.61%, indicating a robust performance in generating profit from its operations.
In the most recent year, December 31, 2024, the operating profit margin decreased slightly to 18.08%. While this shows a slight decline from the previous year, the margin remains at a relatively high level, suggesting that the company continues to efficiently manage its operating costs to generate profits.
Overall, the fluctuation in Crane NXT Co's operating profit margin over the past five years demonstrates the company's ability to adapt to changing market conditions, manage costs effectively, and strategically grow its profitability from operations.
Peer comparison
Dec 31, 2024