Crane NXT Co

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

CXT$58.52-1.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated and Combined Condensed Statements of Operations

ITEM 1: FINANCIAL STATEMENTS

CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS

Three Months Ended · Six Months Ended
	June 30,		June 30,
(in millions, except per share data)	2024	2023	2024	2023
Net sales	$370.6	$352.4	$684.2	$681.5
Operating costs and expenses:
Cost of sales	209.7	184.0	370.9	358.4
Selling, general and administrative	93.3	99.6	187.6	188.4
Restructuring charges, net	—	—	2.7	—
Operating profit	67.6	68.8	123.0	134.7
Other income (expense):
Interest income	0.4	0.2	1.0	0.4
Interest expense	(12.4)	(14.1)	(22.3)	(24.5)
Related party interest expense	—	—	—	(2.5)
Miscellaneous (expense) income, net	(0.2)	1.0	0.4	2.4
Total other expense, net	(12.2)	(12.9)	(20.9)	(24.2)
Income before income taxes	55.4	55.9	102.1	110.5
Provision for income taxes	13.8	12.7	22.7	23.6
Net income attributable to common shareholders	$41.6	$43.2	$79.4	$86.9
Earnings per share:
Basic	$0.73	$0.76	$1.39	$1.53
Diluted	$0.72	$0.75	$1.38	$1.51
Average shares outstanding:
Basic	57.1	56.8	57.1	56.8
Diluted	57.8	57.4	57.7	57.4
Dividends per share	$0.16	$0.14	$0.32	$0.14

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.