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
DateValue
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%