Crane NXT Co (CXT)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 184,100 | 188,300 | 401,100 | 435,400 | 181,000 |
| Total stockholders’ equity | US$ in thousands | 1,064,900 | 964,000 | 1,901,400 | 1,832,300 | 1,528,900 |
| ROE | 17.29% | 19.53% | 21.09% | 23.76% | 11.84% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $184,100K ÷ $1,064,900K
= 17.29%
Crane NXT Co's return on equity (ROE) performance fluctuated over the period under consideration, as indicated in the financial data. The ROE stood at 11.84% on December 31, 2020, and exhibited a notable increase to 23.76% by December 31, 2021. This significant improvement suggests enhanced profitability relative to shareholder equity. However, the ROE declined slightly to 21.09% by December 31, 2022, followed by a further decrease to 19.53% by December 31, 2023. These reductions may indicate challenges in maintaining the upward trend observed in the previous year. By December 31, 2024, the ROE dropped to 17.29%, continuing the downward trajectory.
Overall, Crane NXT Co's ROE experienced fluctuations during the period, indicating varying levels of profitability relative to shareholder equity. Further analysis of the company's financial performance and operational strategies may be necessary to assess the reasons behind the observed changes in ROE and identify areas for improvement.
Peer comparison
Dec 31, 2024