Crane NXT Co (CXT)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 184,100 | 176,000 | 180,800 | 182,400 | 250,300 | 298,000 | 186,800 | 192,400 | 191,700 | 166,600 | 342,500 | 432,000 | 435,400 | 410,200 | 350,200 | 226,700 | 181,000 | 21,500 | 37,400 | 113,600 |
| 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 |
| ROA | 7.71% | 7.30% | 7.57% | 8.69% | 11.75% | 14.23% | 8.51% | 4.44% | 4.37% | 4.03% | 7.61% | 9.92% | 9.70% | 9.17% | 7.92% | 4.94% | 3.92% | 0.47% | 0.81% | 2.54% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $184,100K ÷ $2,386,500K
= 7.71%
Crane NXT Co's Return on Assets (ROA) has shown fluctuations over the past few years. The ROA was relatively stable around 2-4% in the beginning of the analyzed period but started to increase significantly from March 31, 2021, reaching a peak of 14.23% on September 30, 2023.
This indicates that Crane NXT Co has been able to generate higher profits relative to its total assets during this period. However, the ROA decreased from the peak but remained relatively strong, fluctuating around 7-8% in the most recent quarters.
Overall, the trend in ROA signals that Crane NXT Co has been effectively managing its assets to generate profits, with some fluctuations in performance seen over the years. Investors and stakeholders may find this performance indicative of the company's ability to generate returns from its asset base.
Peer comparison
Dec 31, 2024