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Crane NXT Co (Crane NXT Co) Pretax Margin % : 14.89% (As of Mar. 2024)


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What is Crane NXT Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Crane NXT Co's Pre-Tax Income for the three months ended in Mar. 2024 was $47 Mil. Crane NXT Co's Revenue for the three months ended in Mar. 2024 was $314 Mil. Therefore, Crane NXT Co's pretax margin for the quarter that ended in Mar. 2024 was 14.89%.

The historical rank and industry rank for Crane NXT Co's Pretax Margin % or its related term are showing as below:

CXT' s Pretax Margin % Range Over the Past 10 Years
Min: 5.2   Med: 16.81   Max: 18.53
Current: 16.86


CXT's Pretax Margin % is ranked better than
84.84% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs CXT: 16.86

Crane NXT Co Pretax Margin % Historical Data

The historical data trend for Crane NXT Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crane NXT Co Pretax Margin % Chart

Crane NXT Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
5.20 7.64 16.81 18.53 17.24

Crane NXT Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.59 15.86 19.24 17.20 14.89

Competitive Comparison of Crane NXT Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Crane NXT Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crane NXT Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crane NXT Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Crane NXT Co's Pretax Margin % falls into.



Crane NXT Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Crane NXT Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=239.8/1391.3
=17.24 %

Crane NXT Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=46.7/313.6
=14.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crane NXT Co  (NYSE:CXT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Crane NXT Co Pretax Margin % Related Terms

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Crane NXT Co (Crane NXT Co) Business Description

Traded in Other Exchanges
N/A
Address
100 First Stamford Place, Stamford, CT, USA, 06902
Crane NXT Co is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. It is a pioneer in advanced, proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies.
Executives
Kurt F. Gallo officer: Sr. VP, Payment & Merch. Tech. 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Max H Mitchell officer: VICE PRESIDENT - OP EX CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl director 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
David D Petratis director 1415 ROSELLE ROAD, PALATINE IL 60067
Marijane V. Papanikolaou officer: V.P, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono officer: SVP, CHRO 950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Bianca B. Shardelow officer: VP, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
William K Grogan director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sanjay Kapoor director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Paul Gerard Igoe officer: SVP, General Counsel & Sec. LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Crane Holdings, Co. 10 percent owner CRANE NXT, CO., 950 WINTER STREET, 4TH FLOOR, WALTHAM MA 02451
Aaron W Saak officer: CEO, Crane NXT C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
Scott A. Grisham officer: SVP Bus. Dev. & Strategy 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tamara S. Polmanteer officer: Senior Vice President, CHRO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
John S Stroup director 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105