Crane NXT Co (CXT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 257,000 | 569,200 | 565,700 | 571,300 | 583,700 | 294,800 | 368,000 | 449,800 | 501,300 | 470,300 | 406,400 | 281,500 | 226,000 | 20,500 | 40,400 | 140,500 | 164,600 | 420,900 | 445,000 | 431,400 |
| 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 |
| Pretax margin | 13.49% | 14.52% | 14.49% | 14.70% | 14.91% | 12.76% | 12.82% | 13.26% | 15.19% | 14.64% | 13.52% | 10.08% | 8.18% | 0.70% | 1.35% | 4.39% | 5.01% | 12.81% | 13.21% | 12.77% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $257,000K ÷ $1,905,100K
= 13.49%
The pretax margin of Crane NXT Co has shown some fluctuations over the periods provided. It indicates the company's ability to generate profits before accounting for tax expenses relative to its total revenue.
From Dec 2019 to Mar 2020, the pretax margin ranged from 4.39% to 5.01%, showing a relatively stable performance. However, there was a significant drop in the pretax margin in the following periods, reaching as low as 0.70% in Sep 2020. This decline could be a result of various factors affecting the company's profitability during that time.
Subsequently, there was a gradual improvement in the pretax margin, with a notable increase in Dec 2020 to 8.18%. The trend continued to improve into 2021, reaching 15.19% in Mar 2022, indicating enhanced profitability levels.
The company experienced some fluctuations in the pretax margin throughout 2022 and 2023, ranging between 12.76% and 15.19%. Overall, the pretax margin trend suggests that Crane NXT Co has managed to maintain a reasonable level of profitability, with fluctuations reflecting changes in operational efficiency and cost management.
Further analysis would be needed to understand the specific factors driving the fluctuations in the pretax margin and to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2023