Crane NXT (CXT) Tax Rate (2009 - 2026)
Crane NXT (CXT) reported Tax Rate of 26.09% for Q1 2026, up 331.0% on a YoY basis from 6.05% in Q1 2025, and up 132.61% quarter-over-quarter from 11.21% in Q4 2025.
Crane NXT (CXT) Tax Rate (2009 - 2026) Analysis & Trends
Crane NXT has reported Tax Rate for 18 years, with the latest figure at 26.09% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 331.0% year-over-year to 26.09%; the trailing twelve-month figure through Mar 2026 stood at 19.68% (up 53.0% YoY), and the FY2025 full-year result was 19.83%, up 115.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.09%, up from 11.21% in the prior quarter.
- The five-year high for Tax Rate was 30.75% in Q3 2022, with the low at 5.26% in Q4 2022.
- Historically, Tax Rate has averaged 19.95% across 5 years, with a median of 22.78% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate surged 2464 bps — and 2024, when it sank 1381 bps.
- Crane NXT's Tax Rate stood at 5.26% in 2022, then soared by 468 bps to 19.38% in 2023, then slumped by 71 bps to 5.57% in 2024, then surged by 101 bps to 11.21% in 2025, then surged by 133 bps to 26.09% in 2026.
- The last three Tax Rate figures came in at 26.09% (Q1 2026), 11.21% (Q4 2025), and 23.57% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Crane NXT | 2.08 Bn | 1.87 Bn | 155.90 Mn | 26.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.09% |
| Mar 31, 2026 | 26.09% |
| Dec 31, 2025 | 11.21% |
| Dec 31, 2025 | 11.21% |
| Sep 30, 2025 | 23.57% |
| Sep 30, 2025 | 23.57% |
| Jun 30, 2025 | 23.78% |
| Jun 30, 2025 | 23.78% |
| Mar 31, 2025 | 22.78% |
| Mar 31, 2025 | 22.78% |
| Dec 31, 2024 | 5.57% |
| Dec 31, 2024 | 5.57% |
| Sep 30, 2024 | 25.59% |
| Sep 30, 2024 | 25.59% |
| Jun 30, 2024 | 24.91% |
| Jun 30, 2024 | 24.91% |
| Mar 31, 2024 | 19.06% |
| Mar 31, 2024 | 19.06% |
| Dec 31, 2023 | 19.38% |
| Dec 31, 2023 | 19.38% |