Crane NXT, Co. (CXT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
CRANE NXT, CO. WALTHAM, MA 02451 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 349 - Miscellaneous Fabricated Metal Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 166 | 227 | 658 | 479 | 551 | 394 | |||
| Cash and cash equivalent | 166 | 227 | 658 | 479 | 551 | 394 | |||
| Receivables | 275 | 215 | 475 | 472 | 433 | 555 | |||
| Inventory, net of allowances, customer advances and progress billings | 145 | 157 | 440 | 441 | 438 | 457 | |||
| Inventory | 145 | 157 | 440 | 441 | 438 | 457 | |||
| Other current assets | 57 | 45 | 180 | 118 | 137 | 80 | |||
| Other undisclosed current assets | 234 | 14 | 14 | ||||||
| Total current assets: | 643 | 644 | 1,752 | 1,744 | 1,574 | 1,500 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 113 | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 272 | 261 | 510 | 527 | 600 | 616 | |||
| Long-term investments and receivables | |||||||||
| Long-term investments | |||||||||
| Intangible asset, including goodwill, after accumulated amortization | 1,376 | 1,150 | 1,944 | 1,878 | 2,129 | 1,978 | |||
| Goodwill | 957 | 841 | 1,528 | 1,413 | 1,609 | 1,472 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 419 | 309 | 417 | 466 | 520 | 505 | |||
| Deferred income tax assets | 2 | 3 | 8 | 18 | 15 | ||||
| Other noncurrent assets | 94 | 71 | 176 | 259 | 198 | 211 | |||
| Other undisclosed noncurrent assets | 60 | 73 | 6 | ||||||
| Total noncurrent assets: | 1,744 | 1,485 | 2,638 | 2,742 | 3,015 | 2,924 | |||
| TOTAL ASSETS: | 2,387 | 2,129 | 4,390 | 4,487 | 4,589 | 4,424 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 328 | 317 | 751 | 688 | 614 | 702 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 11 | 0 | 13 | ||
| Accounts payable | 117 | 107 | 287 | 247 | 218 | 311 | |||
| Accrued liabilities | 211 | 211 | 464 | 431 | 396 | 378 | |||
| Debt | 210 | 5 | 699 | 376 | 149 | ||||
| Other undisclosed current liabilities | 25 | 13 | 38 | 107 | 67 | 65 | |||
| Total current liabilities: | 562 | 334 | 1,488 | 795 | 1,057 | 917 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 544 | 842 | 843 | 934 | |||||
| Long-term debt, excluding current maturities | 544 | 842 | 843 | 842 | |||||
| Liabilities, other than long-term debt, including: | 220 | 191 | 454 | 464 | 555 | 60 | |||
| Deferred compensation liability, classified | 2 | ||||||||
| Deferred income tax liabilities | 119 | 105 | 162 | 71 | 54 | ||||
| Liability, pension and other postretirement and postemployment benefits | 19 | 23 | 153 | 232 | 330 | 298 | |||
| Accrued environmental loss contingencies | 36 | ||||||||
| Other liabilities | 80 | 64 | 139 | 161 | 171 | 188 | |||
| Operating lease, liability | 92 | ||||||||
| Other undisclosed liabilities, other than long-term debt | (462) | ||||||||
| Other undisclosed noncurrent liabilities | 539 | 640 | 550 | 604 | 1,037 | ||||
| Total noncurrent liabilities: | 759 | 831 | 998 | 1,856 | 2,001 | 2,031 | |||
| Total liabilities: | 1,322 | 1,165 | 2,486 | 2,652 | 3,058 | 2,947 | |||
| Temporary equity, including noncontrolling interest | |||||||||
| Equity | |||||||||
| Equity, attributable to parent | 1,065 | 964 | 1,901 | 1,832 | 1,529 | 1,474 | |||
| Common stock | 72 | 72 | 72 | 72 | 72 | 72 | |||
| Treasury stock, value | (823) | (839) | (864) | (691) | (601) | (543) | |||
| Additional paid in capital | 1,720 | 1,728 | 374 | 364 | 331 | 316 | |||
| Accumulated other comprehensive loss | (173) | (119) | (503) | (440) | (466) | (484) | |||
| Retained earnings | 268 | 121 | 2,823 | 2,527 | 2,193 | 2,112 | |||
| Equity, attributable to noncontrolling interest | 3 | 3 | 2 | 3 | |||||
| Total equity: | 1,065 | 964 | 1,904 | 1,835 | 1,531 | 1,476 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,387 | 2,129 | 4,390 | 4,487 | 4,589 | 4,424 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,487 | 1,391 | 3,375 | 3,180 | 2,937 | 3,283 | ||
| Cost of revenue (Cost of Product and Service Sold) | (822) | (737) | (2,035) | (1,939) | (1,931) | (2,104) | ||
| Gross profit: | 665 | 654 | 1,340 | 1,241 | 1,006 | 1,179 | ||
| Operating expenses | (396) | (367) | (808) | (739) | (743) | (740) | ||
| Other undisclosed operating loss | (162) | (229) | ||||||
| Operating income: | 269 | 287 | 370 | 502 | 263 | 210 | ||
| Nonoperating income (expense) | (42) | (47) | 194 | (25) | (38) | (40) | ||
| Other nonoperating income | 4 | 3 | 10 | 21 | 15 | 4 | ||
| Interest and debt expense | (52) | (47) | (55) | (47) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 55 | 47 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 226 | 240 | 511 | 430 | 225 | 171 | ||
| Other undisclosed income from continuing operations before income taxes | 52 | 47 | ||||||
| Income from continuing operations before income taxes: | 226 | 240 | 563 | 477 | 225 | 171 | ||
| Income tax expense | (42) | (52) | (162) | (83) | (43) | (37) | ||
| Income from continuing operations: | 184 | 188 | 401 | 394 | 181 | 134 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 435 | 181 | 134 | |
| Income from discontinued operations | 41 | |||||||
| Net income: | 184 | 188 | 401 | 435 | 181 | 134 | ||
| Net loss attributable to noncontrolling interest | (0) | (0) | ||||||
| Net income available to common stockholders, diluted: | 184 | 188 | 401 | 435 | 181 | 133 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 184 | 188 | 401 | 435 | 181 | 134 | ||
| Other comprehensive income (loss) | 1 | 1 | (63) | 27 | 17 | (36) | ||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income: | 185 | 189 | 338 | 462 | 198 | 97 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (1) | 1 | 0 | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (55) | 12 | ||||||
| Comprehensive income, net of tax, attributable to parent: | 130 | 201 | 338 | 462 | 198 | 98 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.