Crane NXT Co (CXT)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 281,500 | 283,600 | 288,300 | 283,400 | 373,600 | 430,000 | 319,100 | 323,700 | 318,500 | 282,600 | 458,600 | 521,900 | 508,200 | 468,700 | 399,800 | 291,800 | 240,200 | 50,900 | 84,300 | 178,400 |
| Total assets | US$ in thousands | 2,386,500 | 2,410,600 | 2,387,500 | 2,098,700 | 2,129,400 | 2,094,100 | 2,195,000 | 4,336,000 | 4,390,200 | 4,132,400 | 4,499,100 | 4,353,200 | 4,486,600 | 4,474,500 | 4,423,200 | 4,586,500 | 4,615,000 | 4,623,000 | 4,630,300 | 4,464,600 |
| Operating ROA | 11.80% | 11.76% | 12.08% | 13.50% | 17.54% | 20.53% | 14.54% | 7.47% | 7.25% | 6.84% | 10.19% | 11.99% | 11.33% | 10.47% | 9.04% | 6.36% | 5.20% | 1.10% | 1.82% | 4.00% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $281,500K ÷ $2,386,500K
= 11.80%
Crane NXT Co's operating return on assets (ROA) has shown fluctuating trends over the analyzed periods. The ratio stood at 4.00% as of March 31, 2020, indicating the company generated $0.04 in operating income for every dollar of assets. Subsequently, the operating ROA decreased to 1.82% by June 30, 2020, reflecting a decline in operational efficiency and asset utilization.
Thereafter, there was a further decrease to 1.10% by September 30, 2020, signaling potential issues in generating profits from its asset base. However, the company's performance improved significantly by December 31, 2020, with the operating ROA reaching 5.20%, suggesting better operational management and asset productivity.
The positive trend continued into the following periods, with the operating ROA showing consistent improvement. The ratio increased to 6.36% by March 31, 2021, indicating enhanced profitability relative to assets employed. Subsequent quarters displayed further improvements, with the operating ROA reaching double digits by September 30, 2021, and peaking at 20.53% by September 30, 2023.
However, the operating ROA experienced a slight decline in the latter periods, settling at 11.80% as of December 31, 2024. Despite the decrease from the peak in 2023, Crane NXT Co maintained a healthy operating ROA, reflecting effective operational performance and asset utilization during the analyzed period.
Overall, the analysis suggests that Crane NXT Co has demonstrated varying levels of operational efficiency and profitability in utilizing its assets effectively to generate operating income over the specified timeframe.
Peer comparison
Dec 31, 2024