Crane NXT, Co. CXT

Industrials SIC 3490 - Miscellaneous Fabricated Metal Products NYSE

Crane NXT is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. The company is a pioneer in advanced, proprietary micro-optics technology for securing physical products, as well as digital authentication, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. We are comprised of two reporting segments: Crane Payment Innovations ("CPI") and Security and Authentication Technologies ("SAT").

We are committed to delivering shareholder value by focusing on our proprietary and differentiated technology and investing in core businesses to capitalize on opportunities to enhance organic growth. We maintain a strong balance sheet with financial flexibility, allowing us the ability to expand the business through strategic acquisitions into higher-growth adjacencies. We continuously evaluate our portfolio, pursue acquisitions that complement our existing businesses and are accretive to our growth profile, and selectively divest businesses where appropriate. We foster a performance-based culture with clearly defined values and utilize our well-established Crane Business System (CBS) to drive operational excellence and profitable growth.

Last close 50.06 2026-09-04
Market cap $2.88B 2026-06-30 share count
52-week range 35.70 - 69.00

Valuation FY2025 figures against the last close

P/S1.7x
P/E20.0x
P/FCF14.5x
EV/EBITDA10.7x
Dividend yield1.4%
Diluted EPS2.50

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.66B$1.49B$1.39B$1.34B$1.35B$2.94B$3.07B$3.35B$2.79B$2.75B
Cost of revenue $952.9M$821.7M$737.2M$713.7M$746.2M$1.93B$1.94B$2.16B$1.77B$1.76B
Gross profit $703.8M$665.1M$654.1M$626.2M$1.24B$965.1M$1.18B$1.19B$1.02B$989.7M
R&D $46.0M$39.5M$42.8M$33.9M$33.2M$74.6M$74.0M$89.1M$58.5M$61.5M
SG&A $440.3M$386.2M$366.8M$318.7M$323.4M$698.1M$678.6M$711.9M$605.9M$610.6M
Total operating expenses $2.90B$2.40B$2.56B
Operating income $246.7M$268.8M$286.8M$301.3M$279.2M$262.9M$183.1M$441.3M$388.4M$186.7M
Interest expense $52.2M$46.9M$55.3M$46.8M$50.9M$36.1M$36.5M
Pre-tax income $181.0M$226.4M$239.8M$248.3M$226.1M$224.5M$143.9M$411.4M$367.5M$164.1M
Income tax $35.9M$42.3M$51.5M$43.4M$48.1M$43.4M$31.3M$75.9M$195.0M$40.3M
Net income $145.1M$184.1M$188.3M$204.9M$178.0M$181.0M$133.3M$335.6M$171.8M$122.8M
EPS, basic 2.533.223.313.613.143.102.235.632.892.10
EPS, diluted 2.503.193.283.613.143.082.205.502.842.07
Shares, diluted (wtd. avg.) $58.0M$57.8M$57.5M$56.7M$56.7M$58.8M$60.6M$61.0M$60.4M$59.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $233.8M$165.8M$227.2M$230.7M$101.2M$145.1M$393.9M$343.4M$706.2M$509.7M
Receivables $351.8M$265.9M$214.9M$205.1M$483.0M$423.9M$555.1M$515.8M$418.4M$396.4M
Inventory $169.5M$144.8M$157.1M$145.6M$449.1M$429.7M$457.3M$411.5M$349.3M$342.5M
Total current assets $852.9M$642.5M$644.4M$623.3M$1.54B$1.57B$1.50B$1.36B$1.52B$1.32B
Property, plant and equipment $303.8M$272.3M$261.2M$261.6M$555.6M$573.7M$616.3M$599.1M$282.4M$278.9M
Goodwill $1.16B$956.6M$841.2M$836.6M$860.6M$1.61B$1.30B$1.40B$1.21B$1.15B
Other intangibles $557.2M$419.3M$308.9M$344.9M$388.5M$433.3M$505.1M$478.3M$276.8M$282.2M
Total assets $3.12B$2.39B$2.13B$2.13B$4.49B$4.62B$4.42B$4.04B$3.59B$3.43B
Accounts payable $132.3M$116.6M$106.5M$109.6M$273.7M$198.9M$311.1M$329.2M$247.4M$223.2M
Short-term debt $135.1M$210.0M$4.6M$299.7M$0$375.7M$149.4M$6.9M$249.4M$0
Total current liabilities $569.1M$562.4M$334.4M$631.4M$789.3M$1.06B$916.7M$740.2M$837.5M$520.8M
Long-term debt $1.00B$540.6M$640.3M$545.1M$842.4M$842.9M$842.0M$942.3M$494.1M$745.3M
Total liabilities $1.86B$1.32B$1.17B$1.35B
Retained earnings $374.5M$268.4M$120.9M$0$2.53B$2.19B$2.11B$2.07B$1.81B$1.72B
Total equity $1.25B$1.06B$964.0M$783.8M$763.8M$914.1M$1.48B$1.53B$1.35B$1.15B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $241.5M$214.1M$276.3M$306.0M$277.0M$309.5M$370.4M$413.8M$317.5M$318.1M
Depreciation and amortisation $106.6M$86.8M$77.6M$78.7M$81.8M$127.5M$107.9M$120.0M$72.7M$67.4M
Stock-based compensation $12.7M$10.6M$10.3M$9.3M$8.6M$22.3M$21.8M$21.6M$21.8M$21.7M
Capital expenditure $43.2M$45.4M$31.1M$21.3M$18.6M$34.1M$64.4M$108.8M$49.0M$51.5M
Investing cash flow -$549.0M-$318.0M-$31.1M-$21.3M-$15.8M-$229.1M-$216.6M-$752.3M-$86.7M-$50.6M
Financing cash flow $363.6M$62.1M-$252.5M-$135.0M-$298.1M$55.1M-$124.6M-$7.9M-$80.8M-$100.4M
Dividends paid $39.0M$36.6M$23.7M$0$0$100.4M$93.2M$83.5M$78.4M$77.2M
Buybacks $203.7M$96.3M$70.0M$79.9M$50.1M$25.0M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-013414.

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