Crane NXT
CXT
#3408
Rank
C$4.65 B
Marketcap
$81.43
Share price
2.71%
Change (1 day)
12.10%
Change (1 year)

Operating Margin for Crane NXT (CXT)

Operating Margin as of November 2024 (TTM): 16.59%

According to Crane NXT's latest financial reports and stock price the company's current Operating Margin is 16.59%. At the end of 2023 the company had an Operating Margin of 17.24%.

Operating Margin history for Crane NXT from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.24%-6.99%
202218.53%10.24%
202116.81%119.9%
20207.64%47.02%
20195.20%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.