Crane NXT (CXT) Tax Rate (2009 - 2026)
Crane NXT (CXT) posted Tax Rate of 24.43% for Q2 2026, up 0.65 percentage points from 23.78% a year earlier but down 1.66 percentage points from the prior quarter.
Crane NXT (CXT) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Crane NXT was 20.20%, up 1.95 percentage points year-over-year; for FY2025, it came in at 19.83%, up 1.15 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +0.50 percentage points (FY2020 to FY2025).
- In prior years, Crane NXT's Tax Rate was 18.68% in FY2024 (-2.79 pp), 21.48% in FY2023 (+4.00 pp), 17.48% in FY2022 (-3.79 pp) and 21.27% in FY2021 (+1.94 pp).
- Quarterly Tax Rate has run from a low of -5.26% in Q4 2022 to a high of 30.75% in Q3 2022 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of -0.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2023, with a gain of 24.64 percentage points; the weakest was Q4 2024, with a drop of 13.81 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 26.09% (Q1 2026), 11.21% (Q4 2025) and 23.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | 16.34% |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 19.71% |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 24.54% |
| 10 | Crane NXT | 3.27 Bn | 2.39 Bn | 208.60 Mn | 24.43% |
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% |
| Sep 30, 2022 | 30.75% |
| Jun 30, 2022 | 20.65% |
| Mar 31, 2022 | 24.84% |
| Sep 30, 2021 | 15.26% |
| Jun 30, 2021 | 3.49% |
| Mar 31, 2021 | 20.89% |
Crane NXT Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();