Crane NXT (CXT) financial statements
Crane NXT reported revenue of $1.7B in fiscal 2025, down 5.5% a year over 9 years.
Net income was $145M and the operating margin 14.9%, against 6.8% in 2016.
Free cash flow was $198M, and the company returned $39M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Crane NXT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B | $3.3B | $3.1B | $2.9B | $1.3B | $1.3B | $1.4B | $1.5B | $1.7B |
| Cost of revenue | $1.8B | $1.8B | $2.2B | $1.9B | $1.9B | $746M | $714M | $737M | $822M | $953M |
| Gross profit | $990M | $1.0B | $1.2B | $1.2B | $965M | $1.2B | $626M | $654M | $665M | $704M |
| Research and development | $62M | $58M | $89M | $74M | $75M | $33M | $34M | $43M | $40M | $46M |
| Selling, general and admin | $611M | $606M | $712M | $679M | $698M | $323M | $319M | $367M | $386M | $440M |
| Operating income | $187M | $388M | $441M | $183M | $263M | $279M | $301M | $287M | $269M | $247M |
| Interest expense | $36M | $36M | $51M | $47M | $55M | $47M | $52M | — | — | — |
| Pre-tax income | $164M | $368M | $411M | $144M | $224M | $226M | $248M | $240M | $226M | $181M |
| Income tax | $40M | $195M | $76M | $31M | $43M | $48M | $43M | $52M | $42M | $36M |
| Net income | $123M | $172M | $336M | $133M | $181M | $178M | $205M | $188M | $184M | $145M |
| EPS (diluted) | $2.07 | $2.84 | $5.50 | $2.20 | $3.08 | $3.14 | $3.61 | $3.28 | $3.19 | $2.50 |
| Diluted shares | 59M | 60M | 61M | 61M | 59M | 57M | 57M | 58M | 58M | 58M |
| Gross margin | 36.0% | 36.4% | 35.5% | 38.3% | 32.9% | 92.3% | 46.7% | 47.0% | 44.7% | 42.5% |
| Operating margin | 6.8% | 13.9% | 13.2% | 6.0% | 9.0% | 20.8% | 22.5% | 20.6% | 18.1% | 14.9% |
| Net margin | 4.5% | 6.2% | 10.0% | 4.3% | 6.2% | 13.2% | 15.3% | 13.5% | 12.4% | 8.8% |
Balance sheet
Fiscal years, from Crane NXT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $510M | $706M | $343M | $394M | $551M | $479M | $231M | $227M | $166M | $234M |
| Receivables | $396M | $418M | $516M | $555M | $424M | $483M | $205M | $215M | $266M | $352M |
| Inventory | $342M | $349M | $412M | $457M | $430M | $449M | $146M | $157M | $145M | $170M |
| Total current assets | $1.3B | $1.5B | $1.4B | $1.5B | $1.6B | $1.5B | $623M | $644M | $642M | $853M |
| Property, plant and equipment | $279M | $282M | $599M | $616M | $574M | $556M | $262M | $261M | $272M | $304M |
| Goodwill | $1.2B | $1.2B | $1.4B | $1.3B | $1.6B | $861M | $837M | $841M | $957M | $1.2B |
| Total assets | $3.4B | $3.6B | $4.0B | $4.4B | $4.6B | $4.5B | $2.1B | $2.1B | $2.4B | $3.1B |
| Total current liabilities | $521M | $838M | $740M | $917M | $1.1B | $789M | $631M | $334M | $562M | $569M |
| Long-term debt | $745M | $494M | $942M | $842M | $843M | $842M | $544M | — | — | — |
| Total liabilities | $2.3B | $2.2B | $2.5B | $2.9B | $3.1B | $2.7B | $1.3B | $1.2B | $1.3B | $1.9B |
| Shareholders' equity | $1.1B | $1.3B | $1.5B | $1.5B | $914M | $764M | $784M | $964M | $1.1B | $1.3B |
| Net debt | $236M | -$212M | $606M | $448M | $292M | $364M | $313M | -$227M | -$166M | -$234M |
Cash flow
Fiscal years, from Crane NXT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $318M | $318M | $414M | $394M | $310M | $277M | $306M | $276M | $214M | $242M |
| Capital spending | $52M | $49M | $109M | $69M | $34M | $19M | $21M | $31M | $45M | $43M |
| Free cash flow | $267M | $268M | $305M | $325M | $275M | $258M | $285M | $245M | $169M | $198M |
| Stock-based compensation | $22M | $22M | $22M | $22M | $22M | $9M | $9M | $10M | $11M | $13M |
| Dividends paid | $77M | $78M | $84M | $93M | $100M | $0 | $0 | $24M | $37M | $39M |
| Share buybacks (net) | $0 | -$25M | -$50M | -$80M | -$70M | -$96M | -$204M | — | — | — |
| Net borrowing | -$50M | $0 | $115M | -$96M | -$297M | -$27M | $0 | $50M | $0 | $532M |
| Free cash flow margin | 9.7% | 9.6% | 9.1% | 10.6% | 9.4% | 19.2% | 21.2% | 17.6% | 11.3% | 12.0% |
| Dividends per share | $1.30 | $1.30 | $1.37 | $1.54 | $1.71 | — | — | $0.41 | $0.63 | $0.67 |
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Open CXT in InvestinglyQuestions
What was Crane NXT's revenue in 2025?
$1.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Crane NXT generate?
$198M in fiscal 2025 (operating cash flow minus capital spending).
From Crane NXT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.