Crane NXT, Co. (CXT)
Crane NXT, Co. focuses its efforts on developing technologies for payment processing and merchandising. The company supplies integrated electronic hardware and accompanying software solutions. These offerings are underpinned by its deep and proprietary core capabilities, which include secure payment verification and authentication, as well as sophisticated tools for automation, field service management, remote diagnostics, and software designed to boost efficiency. Crane NXT is headquartered in Stamford, Connecticut.
Sector: Miscellaneous Fabricated Metal Products
Industry: Industrial - Machinery
Crane NXT, Co.
NYSE:CXTIndustrials · Industrial - Machinery
-2.32%$56.88
AH Close$57.00+0.21%vs close
AH Close$57.00+0.21%vs close
Mkt Cap$3.27B
Float49.32M
O/S57.56M
Inst Own-
SI18.5%
Div Yield1.25%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.66B
Net Income$145.1M
Total Assets$3.12B
Free Cash Flow$198.3M
Debt & Equity
Debt 48%
Equity 52%
Total Debt$1.14B
Total Equity$1.26B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CXT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.12B
Liabilities$1.86B
Accounts Receivable$364.5M
Accounts Payable$132.3M
Inventory$169.5M
PP&E (Net)$303.8M
Goodwill$1.16B
Intangible Assets$557.2M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $1.66B | $1.49B | $1.39B | $1.34B | $1.35B | $2.94B | $3.28B | $3.35B | $2.79B | $2.75B | $2.74B |
| YoY Growth | 11.4% | 6.9% | 3.8% | -0.4% | -54.2% | -10.5% | -1.9% | 20.1% | 1.4% | 0.3% | - |
| Cost of Revenue | $952.9M | $821.7M | $737.2M | $713.7M | $746.2M | $1.93B | $2.1B | $2.16B | $1.77B | $1.76B | $1.79B |
| Gross Profit | $703.8M | $665.1M | $654.1M | $626.2M | $598.9M | $1.01B | $1.18B | $1.19B | $1.02B | $989.7M | $954.4M |
| Gross Margin | 42.5% | 44.7% | 47.0% | 46.7% | 44.5% | 34.3% | 35.9% | 35.5% | 36.4% | 36.0% | 34.8% |
| Research and Development | $0 | $39.5M | $0 | $0 | $0 | $0 | $0 | $58.4M | $58.5M | $61.5M | $62.8M |
| Selling, General, and Administrative | $440.3M | $386.2M | $366.8M | $318.7M | $323.4M | $698.1M | $698M | $662.6M | $547.4M | $530.5M | $500.5M |
| Other | $0 | -$29.4M | $500K | $6.2M | -$3.7M | $45.2M | $270.6M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $440.3M | $396.3M | $367.3M | $324.9M | $319.7M | $743.3M | $968.6M | $721M | $605.9M | $592M | $563.3M |
| Operating Income (EBIT) | $263.5M | $268.8M | $286.8M | $301.3M | $279.2M | $262.9M | $210.4M | $468.3M | $409.2M | $397.7M | $391.1M |
| Operating Margin | 15.9% | 18.1% | 20.6% | 22.5% | 20.8% | 9.0% | 6.4% | 14.0% | 14.7% | 14.5% | 14.3% |
| Interest Expense | $60.3M | $47.8M | $50.6M | $56.3M | $57.9M | $55.3M | $46.8M | $50.9M | $36.1M | $36.5M | $37.6M |
| Interest Income | $1M | $1.6M | $1.1M | $200K | $100K | $2M | $2.7M | $2.3M | $2.5M | $1.9M | $1.9M |
| Other Income (Expense) | -$82.5M | -$42.4M | -$47M | -$53M | -$53.1M | -$38.4M | -$39.7M | -$56.9M | -$41.7M | -$233.6M | -$54.6M |
| Income Before Tax (EBT) | $181M | $226.4M | $239.8M | $248.3M | $226.1M | $224.5M | $170.7M | $411.4M | $367.5M | $164.1M | $336.5M |
| Income Tax Expense | $35.9M | $42.3M | $51.5M | $43.4M | $48.1M | $43.4M | $37.1M | $75.9M | $195M | $40.3M | $106.5M |
| Net Income | $145.1M | $184.1M | $188.3M | $204.9M | $178M | $181M | $133.3M | $335.6M | $171.8M | $122.8M | $228.9M |
| Net Income Margin | 8.8% | 12.4% | 13.5% | 15.3% | 13.2% | 6.2% | 4.1% | 10.0% | 6.2% | 4.5% | 8.4% |
| Supplementary Data | |||||||||||
| EPS | 2.53 | 3.22 | 3.32 | 3.61 | 3.14 | 3.19 | 2.35 | 5.63 | 2.89 | 2.10 | 3.94 |
| Diluted EPS | 2.50 | 3.19 | 3.27 | 3.61 | 3.14 | 3.19 | 2.35 | 5.50 | 2.84 | 2.07 | 3.89 |
| Weighted Average OS | 57.40M | 57.10M | 56.80M | 56.70M | 56.70M | 56.70M | 56.70M | 59.60M | 59.40M | 58.50M | 58.10M |
| EBITDA | $347.9M | $361M | $368M | $383.3M | $403.5M | $407.3M | $331M | $582.3M | $476.3M | $200.3M | $444.7M |
| EBITDA Margin | 21.0% | 24.3% | 26.5% | 28.6% | 30.0% | 13.9% | 10.1% | 17.4% | 17.1% | 7.3% | 16.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $233.8M | $165.8M | $227.2M | $230.7M | $478.6M | $551M | $393.9M | $343.4M | $706.2M | $509.7M | $363.5M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $233.8M | $165.8M | $227.2M | $230.7M | $478.6M | $551M | $393.9M | $343.4M | $706.2M | $509.7M | $363.5M |
| Accounts Receivable | $364.5M | $303.6M | $214.9M | $205.1M | $496.7M | $447.1M | $625M | $586.7M | $443.4M | $414.4M | $418.1M |
| Inventory | $169.5M | $144.8M | $157.1M | $145.6M | $449.1M | $438.2M | $457.3M | $411.5M | $349.3M | $342.5M | $376.9M |
| Other Current Assets | $85.1M | $19.7M | $45.2M | $41.9M | $118.7M | $137.4M | $23.7M | $21.3M | $19.6M | $49.1M | $45M |
| Total Current Assets | $852.9M | $642.5M | $644.4M | $623.3M | $1.54B | $1.57B | $1.5B | $1.36B | $1.52B | $1.32B | $1.2B |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $303.8M | $272.3M | $261.2M | $261.6M | $555.6M | $600.4M | $728.9M | $599.1M | $282.4M | $278.9M | $276M |
| Goodwill | $1.16B | $956.6M | $841.2M | $836.6M | $1.58B | $1.61B | $1.47B | $1.4B | $1.21B | $1.15B | $1.17B |
| Intangible Assets | $557.2M | $419.3M | $308.9M | $344.9M | $467.1M | $520.3M | $505.1M | $0 | $0 | $0 | $1.49B |
| Long-Term Investments | $139.4M | $6.8M | $0 | $0 | $0 | $72.5M | $85M | $75M | $90.1M | $125.2M | $108.7M |
| Deferred Tax Assets | $2.5M | $2.2M | $2.7M | $6.3M | $17.7M | $14.9M | $35.1M | $18.8M | $104.2M | $181.8M | $162.4M |
| Other Long-Term Assets | $96.6M | $86.8M | $71M | $56.7M | $319.3M | $198.1M | $97.3M | $583.2M | $391.4M | $377.2M | -$1.07B |
| Total Long-Term Assets | $2.26B | $1.74B | $1.49B | $1.51B | $2.94B | $3.02B | $2.92B | $2.68B | $2.08B | $2.11B | $2.13B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.12B | $2.39B | $2.13B | $2.13B | $4.49B | $4.59B | $4.42B | $4.04B | $3.59B | $3.43B | $3.34B |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $132.3M | $116.6M | $106.5M | $109.6M | $273.7M | $218.4M | $311.1M | $329.2M | $247.4M | $223.2M | $223.3M |
| Short-Term Debt | $135.1M | $210M | $4.6M | $299.7M | $0 | $375.7M | $173.4M | $6.9M | $249.4M | $3.6M | $49.6M |
| Current Income Tax Payable | $0 | $8.6M | $12.8M | $17.9M | $10.6M | $100K | $13M | $1M | $3.6M | $3.6M | $6.5M |
| Current Unearned Revenue | $0 | $71.4M | $92.5M | $93.6M | $101.1M | $103M | $88.4M | $50.8M | $27M | $19M | $29.1M |
| Other Current Liabilities | $273M | $6.2M | $48.5M | $56.3M | $244.2M | $190.8M | $210.2M | $353.3M | $313.7M | $275M | $270.8M |
| Total Current Liabilities | $569.1M | $562.4M | $334.4M | $631.4M | $789.3M | $1.06B | $916.7M | $740.2M | $837.5M | $520.8M | $572.8M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $1B | $540.6M | $640.3M | $545.1M | $842.4M | $842.9M | $842M | $942.3M | $494.1M | $745.3M | $744.6M |
| Long-Term Unearned Revenue | $0 | $13.5M | $0 | $0 | $0 | $329.7M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $151M | $119M | $104.5M | $109.5M | $76.9M | $53.6M | $55.8M | $53.2M | $44.9M | $42.4M | $50M |
| Other Long-Term Liabilities | $135.1M | $33.4M | $43.6M | $30.6M | $863.5M | $688.5M | $1.04B | $779.9M | $868.5M | $973.8M | $818.7M |
| Total Long-Term Liabilities | $1.29B | $759.2M | $831M | $714.2M | $1.86B | $2B | $2.03B | $1.78B | $1.41B | $1.76B | $1.61B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.86B | $1.32B | $1.17B | $1.35B | $2.65B | $3.06B | $2.95B | $2.52B | $2.25B | $2.28B | $2.19B |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $72.4M | $72.4M | $0 | $72.4M | $72.4M | $72.4M | $72.4M | $72.4M | $72.4M | $72.4M |
| Retained Earnings | $0 | $268.4M | $120.9M | $0 | $2.53B | $2.19B | $2.11B | $2.07B | $1.81B | $1.72B | $1.67B |
| Comprehensive Income & Other | $0 | -$172.6M | -$118.6M | -$131.5M | -$440.2M | -$466.4M | -$483.7M | -$447.6M | -$380.1M | -$476.1M | -$158.2M |
| Other Stockholders' Equity | $1.26B | $724.1M | $770.7M | $783.8M | -$767.4M | -$736.3M | -$710.9M | -$620.3M | -$540.5M | -$658.5M | -$607.3M |
| Total Equity | $1.26B | $1.06B | $964M | $783.8M | $1.83B | $1.53B | $1.47B | $1.52B | $1.35B | $1.13B | $1.14B |
| Minority Interest | $0 | $0 | $0 | $2.6M | $2.8M | $2.2M | $2.6M | $2.9M | $3.3M | $11.9M | $11.4M |
| Total Liabilities and Equity | $3.12B | $2.39B | $2.13B | $2.13B | $4.48B | $4.59B | $4.42B | $4.04B | $3.59B | $3.42B | $3.33B |
| Supplementary Data | |||||||||||
| Total Debt | $1.14B | $813.9M | $694.7M | $881.2M | $944.5M | $1.33B | $1.11B | $949.2M | $743.5M | $745.3M | $794.2M |
| Net Debt | $905.7M | $648.1M | $467.5M | $650.5M | $465.9M | $777.5M | $713M | $605.8M | $37.3M | $235.6M | $430.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $145.1M | $184.1M | $188.3M | $204.9M | $435.4M | $181.1M | $133.6M | $335.6M | $171.8M | $122.8M | $228.9M |
| Depreciation & Amortization | $106.6M | $86.8M | $77.6M | $78.7M | $119.5M | $127.5M | $113.5M | $120M | $72.7M | $70.9M | $70.6M |
| Deferred Income Tax | -$14.8M | -$17.6M | $7.6M | -$28.4M | -$9.6M | $18.1M | -$25.1M | $47.7M | $102.3M | -$25.1M | $39.7M |
| Stock-Based Compensation | $12.7M | $10.6M | $10.3M | $9.3M | $0 | $22.3M | $22.3M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$46.8M | -$44.4M | -$6.3M | $300K | -$58.8M | $138.5M | $3.8M | $4.8M | -$10.1M | -$6.2M | -$2.4M |
| Inventory | $5.2M | $21.3M | -$1M | -$12.7M | -$18.2M | $35.4M | -$8.3M | -$38.8M | $6.4M | $24.9M | -$23M |
| Accounts Payable | $5.9M | $5.7M | -$6.8M | $13.9M | $59.3M | -$102.6M | -$23.4M | $37M | $17.5M | $5.5M | $3.3M |
| Other Working Capital | $18.7M | -$33.2M | $7.7M | $37.8M | $55.7M | -$32.2M | -$12.1M | $13.3M | $40.2M | $2.8M | $6M |
| Total Working Capital Change | -$17M | -$50.6M | -$6.4M | $39.3M | $38M | $39.1M | -$40M | $16.3M | $54M | $27M | -$16.1M |
| Other Non-Cash Items | $8.9M | $800K | -$1.1M | $2.2M | -$84.8M | -$78.6M | $189.6M | $131.2M | $45.7M | $240.1M | -$93.8M |
| Net Cash from Operating | $241.5M | $214.1M | $276.3M | $306M | $498.5M | $309.5M | $393.9M | $413.8M | $314.9M | $318.1M | $229.3M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$43.2M | -$45.4M | -$31.1M | -$21.3M | -$53.9M | -$34.1M | -$68.8M | -$108.8M | -$49M | -$51.5M | -$39.6M |
| Acquisitions | -$391.1M | -$269.9M | $0 | $0 | $23.6M | -$169.5M | -$156.4M | -$646.1M | -$32.5M | $900K | $4.4M |
| Purchases of Investments | -$116.5M | $0 | $0 | $0 | -$10M | -$90M | -$8.8M | $0 | -$5.2M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $40M | $60M | $9.9M | $2.6M | $0 | $0 | $0 |
| Other Investing Activities | $1.8M | -$2.7M | $0 | $0 | $0 | $4.5M | $3.1M | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$549M | -$318M | -$31.1M | -$21.3M | -$300K | -$229.1M | -$221M | -$752.3M | -$86.7M | -$50.6M | -$35.2M |
| Financing Activities | |||||||||||
| Debt Repaid | -$384.8M | -$105M | $195M | - | $375.2M | -$343.9M | $96.4M | -$109.6M | - | $49.6M | $51.2M |
| Common Stock Issuance | $24M | $3.3M | $4.4M | $0 | $14.2M | $0 | $0 | $16.1M | $25.2M | $26.4M | $8.9M |
| Common Stock Repurchases | $0 | $0 | $0 | -$203.7M | -$96.3M | -$70M | -$79.9M | -$50.1M | -$25M | $0 | -$25M |
| Dividends Paid | -$39M | -$36.6M | -$23.7M | $0 | -$100.6M | -$100.4M | -$93.2M | -$83.5M | -$78.4M | -$77.2M | -$76.6M |
| Other Financing Activities | -$6.2M | -$9.6M | -$32.5M | $68.7M | $0 | $3.8M | $2.9M | $0 | $0 | $0 | $100K |
| Net Cash from Financing | $363.6M | $62.1M | -$252.5M | -$135M | -$557.9M | $55.1M | -$124.6M | -$7.9M | -$78.2M | -$100.4M | -$143.8M |
| Forex Effect | $11.1M | -$12M | $3.8M | -$20.2M | -$12.7M | $21.6M | $2.2M | $0 | $0 | $0 | $0 |
| Net Change in Cash | $67.2M | -$53.8M | -$3.5M | $129.5M | -$72.4M | $157.1M | $50.5M | -$362.8M | $196.5M | $167.1M | $50.3M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $241.5M | $214.1M | $276.3M | $306M | $498.5M | $309.5M | $393.9M | $413.8M | $314.9M | $318.1M | $229.3M |
| Capital Expenditure | -$43.2M | -$45.4M | -$31.1M | -$21.3M | -$53.9M | -$34.1M | -$68.8M | -$108.8M | -$49M | -$51.5M | -$39.6M |
| Free Cash Flow | $198.3M | $168.7M | $245.2M | $284.7M | $444.6M | $275.4M | $325.1M | $305M | $265.9M | $266.6M | $189.7M |
| Cash at Beginning | $166.6M | $227.2M | $230.7M | $101.2M | $551M | $393.9M | $343.4M | $706.2M | $509.7M | $342.6M | $0 |
| Cash at End | $233.8M | $173.4M | $227.2M | $230.7M | $478.6M | $551M | $393.9M | $343.4M | $706.2M | $509.7M | $50.3M |