Crane NXT Co (CXT)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 274,200 | 274,000 | 278,000 | 280,200 | 374,400 | 431,100 | 328,900 | 627,400 | 614,000 | 575,200 | 738,700 | 517,200 | 530,500 | 507,400 | 453,500 | 339,300 | 281,300 | 73,600 | 90,800 | 187,900 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 842,900 | 842,700 | 842,500 | 842,200 |
| Total stockholders’ equity | US$ in thousands | 1,064,900 | 1,070,700 | 989,800 | 964,100 | 964,000 | 872,600 | 855,200 | 2,015,200 | 1,901,400 | 1,708,300 | 1,861,800 | 1,723,300 | 1,832,300 | 1,807,600 | 1,725,200 | 1,595,000 | 1,528,900 | 1,506,500 | 1,421,100 | 1,405,200 |
| Return on total capital | 25.75% | 25.59% | 28.09% | 29.06% | 38.84% | 49.40% | 38.46% | 31.13% | 32.29% | 33.67% | 39.68% | 30.01% | 28.95% | 28.07% | 26.29% | 21.27% | 11.86% | 3.13% | 4.01% | 8.36% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $274,200K ÷ ($—K + $1,064,900K)
= 25.75%
Crane NXT Co's return on total capital has shown fluctuating performance over the past few years. The return on total capital stood at 8.36% as of March 31, 2020, decreased to 4.01% by June 30, 2020, and further dropped to 3.13% by September 30, 2020. However, there was a significant improvement in the performance, with the return reaching 11.86% by December 31, 2020.
The company's return on total capital continued to increase steadily throughout 2021, reaching 28.95% by the end of December 31, 2021. The positive momentum carried into 2022, with the return reaching 39.68% by June 30, 2022. However, there was a slight decline in the return on total capital in the following quarters, with the return decreasing to 25.59% by September 30, 2024.
Overall, Crane NXT Co's return on total capital has shown both growth and fluctuations over the years, with periods of significant improvement followed by slight declines. It is essential for the company to maintain a consistent focus on optimizing its capital utilization to sustain and potentially improve its return on total capital in the future.
Peer comparison
Dec 31, 2024