Crane NXT Co (CXT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 226,400 | 239,800 | 563,000 | 502,800 | 224,500 |
| Revenue | US$ in thousands | 1,486,800 | 1,391,300 | 3,374,900 | 3,408,000 | 2,936,900 |
| Pretax margin | 15.23% | 17.24% | 16.68% | 14.75% | 7.64% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $226,400K ÷ $1,486,800K
= 15.23%
Crane NXT Co's pretax margin has shown a positive trend over the past five years, starting at 7.64% on December 31, 2020, and increasing steadily to reach 15.23% on December 31, 2024. This indicates that the company has been able to improve its profitability before accounting for taxes, reflecting better cost management or revenue growth strategies. However, it experienced a slight dip in the pretax margin from 2023 to 2024, which may require further investigation to identify any potential reasons for the decrease. Overall, the upward trajectory of the pretax margin suggests operational efficiency and effective financial management at Crane NXT Co.
Peer comparison
Dec 31, 2024