Crane NXT Co (CXT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 188,300 | 397,000 | 389,700 | 395,300 | 401,100 | 215,000 | 287,000 | 376,500 | 435,400 | 410,200 | 350,200 | 226,700 | 181,000 | 21,500 | 37,400 | 113,600 | 133,300 | 335,100 | 359,600 | 349,300 |
| Total stockholders’ equity | US$ in thousands | 964,000 | 872,600 | 855,200 | 441,100 | 783,800 | 701,600 | 731,100 | 776,200 | 763,800 | 1,807,600 | 1,725,200 | 1,595,000 | 1,528,900 | 1,506,500 | 1,421,100 | 1,405,200 | 1,473,700 | 1,697,500 | 1,672,000 | 1,590,600 |
| ROE | 19.53% | 45.50% | 45.57% | 89.62% | 51.17% | 30.64% | 39.26% | 48.51% | 57.00% | 22.69% | 20.30% | 14.21% | 11.84% | 1.43% | 2.63% | 8.08% | 9.05% | 19.74% | 21.51% | 21.96% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $188,300K ÷ $964,000K
= 19.53%
Crane NXT Co's return on equity (ROE) has exhibited significant variability over the past few quarters. The ROE has ranged from as low as 1.43% in March 2020 to as high as 89.62% in March 2023, showing a wide disparity in performance.
Notably, the ROE trend shows a general upward trajectory from 2019 to 2023, with intermittent fluctuations. The company's ROE spiked to 89.62% in March 2023, indicating a strong profitability and efficiency in generating returns for shareholders. However, this high figure may be influenced by specific events or factors during that period.
Overall, the ROE performance of Crane NXT Co suggests a mix of strengths and weaknesses in its financial operations. Further analysis would be needed to understand the specific drivers behind the fluctuating ROE figures and assess the sustainability of its profitability.
Peer comparison
Dec 31, 2023