Crane NXT (CXT) Tax Rate (2009 - 2026)
Crane NXT's (CXT) quarterly Tax Rate came in at 26.09% in Q1 2026, up 331.0% YoY from 6.05% in Q1 2025, and up 132.61% on a QoQ basis from 11.21% in Q4 2025.
Crane NXT (CXT) Tax Rate (2009 - 2026) Analysis & Trends
Crane NXT (CXT) has 18 years of Tax Rate data on file, last reported at 26.09% in 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 grew to 26.09% in Q1 2026, from 11.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 30.75% in Q3 2022 to a low of 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 sank 1381 bps.
- Tracing CXT's Tax Rate over 5 years: 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 | 256.04 Bn | 242.92 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.59 Bn | 162.90 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.28 Bn | 125.81 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.92 Bn | 84.74 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.28 Bn | 76.61 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.80 Bn | 79.96 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.70 Bn | 54.21 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.15 Bn | 47.67 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.45 Bn | 30.27 Bn | 862.60 Mn | 21.13% |
| 10 | Crane NXT | 2.85 Bn | 2.62 Bn | 208.60 Mn | 24.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.43% |
| Jun 30, 2026 | 24.43% |
| Jun 30, 2026 | 24.43% |
| 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% |