Crane NXT (CXT) Tax Rate (2009 - 2026)
Crane NXT (CXT) posted Tax Rate of 26.09% for Q1 2026, up 132.61% on a QoQ basis from 11.21% in Q4 2025, and up 331.0% year-over-year from 6.05% in Q1 2025.
Crane NXT (CXT) Tax Rate (2009 - 2026) Analysis & Trends
Crane NXT's Tax Rate history runs 18 years deep, the most recent figure standing at 26.09% for Q1 2026.
- Quarterly Tax Rate rose 331.0% year-over-year to 26.09% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.68% (up 53.0% YoY) and the FY2025 annual result came in at 19.83%, up 115.0% from the prior year.
- Tax Rate was 26.09% for Q1 2026 at Crane NXT, up from 11.21% in the prior quarter.
- Across five years, Tax Rate topped out at 30.75% in Q3 2022 and bottomed at 5.26% in Q4 2022.
- A 5-year average of 19.95% and a median of 22.78% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate surged 2464 bps — and 2024, when it plunged 1381 bps.
- Crane NXT's Tax Rate stood at 5.26% in 2022, then surged by 468 bps to 19.38% in 2023, then plunged by 71 bps to 5.57% in 2024, then jumped by 101 bps to 11.21% in 2025, then jumped by 133 bps to 26.09% in 2026.
- Business Quant data shows CXT's Tax Rate at 26.09% in Q1 2026, 11.21% in Q4 2025, and 23.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Crane NXT | 3.05 Bn | 2.82 Bn | 155.90 Mn | 26.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.09 |
| Mar 31, 2026 | 26.09 |
| Mar 31, 2026 | 26.09 |
| Dec 31, 2025 | 11.21 |
| Dec 31, 2025 | 11.21 |
| Dec 31, 2025 | 11.21 |
| Sep 30, 2025 | 23.57 |
| Sep 30, 2025 | 23.57 |
| Sep 30, 2025 | 23.57 |
| Jun 30, 2025 | 23.78 |
| Jun 30, 2025 | 23.78 |
| Jun 30, 2025 | 23.78 |
| Mar 31, 2025 | 22.78 |
| Mar 31, 2025 | 22.78 |
| Mar 31, 2025 | 22.78 |
| Dec 31, 2024 | 5.57 |
| Dec 31, 2024 | 5.57 |
| Dec 31, 2024 | 5.57 |
| Sep 30, 2024 | 25.59 |
| Sep 30, 2024 | 25.59 |