Crane NXT (CXT) Tax Rate (2009 - 2026)
Crane NXT's (CXT) quarterly Tax Rate came in at 24.43% in Q2 2026, up 65.0% on a YoY basis from 14.8% in Q2 2025, and down 6.37% quarter-over-quarter from 26.09% in Q1 2026.
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Crane NXT (CXT) Tax Rate (2009 - 2026) Analysis & Trends
Crane NXT (CXT) has reported Tax Rate for 18 consecutive years, with 24.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 65.0% year-over-year to 24.43%; the trailing twelve-month figure through Jun 2026 stood at 20.2% (up 195.0% YoY), and the FY2025 full-year result was 19.83%, up 115.0% from the prior year.
- Tax Rate slipped to 24.43% in Q2 2026 per CXT's latest filing, from 26.09% 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.
- Historically, Tax Rate has averaged 20.2% across 5 years, with a median of 23.17% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 2464 bps in 2023, then slumped 1381 bps in 2024.
- Over 5 years, 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 118 bps to 24.43% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.43%, 26.09%, and 11.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 16.34% |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 24.54% |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 17.36% |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 13.19% |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 19.52% |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 19.38% |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 17.80% |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 12.37% |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 22.04% |
| 10 | Crane NXT | 2.90 Bn | 2.67 Bn | 208.60 Mn | 24.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.43% |
| Mar 31, 2026 | 26.09% |
| Dec 31, 2025 | 11.21% |
| Sep 30, 2025 | 23.57% |
| Jun 30, 2025 | 23.78% |
| Mar 31, 2025 | 22.78% |
| Dec 31, 2024 | 5.57% |
| Sep 30, 2024 | 25.59% |
| Jun 30, 2024 | 24.91% |
| Mar 31, 2024 | 19.06% |
| Dec 31, 2023 | 19.38% |
| Sep 30, 2023 | 23.56% |
| Jun 30, 2023 | 22.72% |
| Mar 31, 2023 | 19.96% |
| Dec 31, 2022 | -5.26% |
| Sep 30, 2022 | 30.75% |
| Jun 30, 2022 | 20.65% |
| Mar 31, 2022 | 24.84% |
| Dec 31, 2021 | 3.49% |
| Sep 30, 2021 | 15.26% |