Crane NXT Co (CXT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 373,100 | 441,900 | 440,200 | 444,800 | 439,600 | 385,500 | 452,300 | 523,500 | 516,500 | 483,300 | 414,400 | 298,500 | 240,200 | 50,900 | 84,300 | 178,400 | 210,400 | 455,900 | 470,500 | 460,700 |
| 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 |
| Operating profit margin | 19.58% | 11.27% | 11.28% | 11.45% | 11.23% | 16.68% | 15.76% | 15.44% | 15.65% | 15.04% | 13.79% | 10.68% | 8.70% | 1.75% | 2.81% | 5.58% | 6.41% | 13.88% | 13.97% | 13.64% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $373,100K ÷ $1,905,100K
= 19.58%
Crane NXT Co's operating profit margin has displayed fluctuations throughout the periods analyzed. The margin saw a significant improvement from the end of 2020 to the first quarter of 2021, jumping from 8.70% to 15.04%. However, it experienced a notable decline in the second quarter of 2021, dropping to 10.68%.
From the third quarter of 2021 to the first quarter of 2022, the operating profit margin remained relatively stable between 15.04% and 15.65%. Subsequently, there was a slight decrease in the second quarter of 2022 to 15.44%.
However, there was a noticeable decrease in the operating profit margin from the third quarter of 2022 to the first quarter of 2023, with values ranging between 11.23% and 11.58%. The margin showed some improvement in the first quarter of 2023, reaching 11.45%.
In the most recent period, the operating profit margin rose to 19.58%, demonstrating a significant increase from the previous quarter. Overall, the analysis indicates both fluctuations and periods of relative stability in Crane NXT Co's operating profit margin over the periods provided.
Peer comparison
Dec 31, 2023