Crane NXT Announces Fourth Quarter and Full Year 2025 Results; Raises Annual Dividend by 6%

Core Insights - Crane NXT reported a full year sales growth of 11.4%, with GAAP EPS of $2.50 and Adjusted EPS of $4.06 for 2025 [6][14][18] - The company is on track to complete the acquisition of Antares Vision in 2026, which will expand its portfolio into the Life Sciences and Food & Beverage sectors [4][6] - Crane NXT's President highlighted significant progress in evolving the portfolio and maintaining strong free cash flow while gaining market share in Crane Currency [4] Fourth Quarter 2025 Highlights - Fourth quarter net sales reached $476.9 million, a 19.5% increase from $399.1 million in Q4 2024, driven by acquisitions and core sales growth [5][6] - Operating profit for Q4 was $79.6 million, with an operating profit margin of 16.7%, down from 17.7% the previous year [8][9] - Adjusted EPS for Q4 was $1.27, compared to $1.00 in Q4 2024 [9] Full Year 2025 Highlights - Total net sales for 2025 were $1,656.7 million, up from $1,486.8 million in 2024, primarily due to acquisitions and favorable foreign exchange [14][15] - Operating profit for the year was $246.7 million, with an operating profit margin of 14.9%, down from 18.1% in 2024 [17] - Adjusted operating profit margin for 2025 was 21.2%, a decrease from 23.6% in the prior year [17] Financial Metrics - Cash provided by operating activities was $241.5 million in 2025, an increase from $214.1 million in 2024 [19] - The company held cash and cash equivalents of $233.8 million as of December 31, 2025, compared to $165.8 million a year earlier [20] - Total debt increased to $1,139.5 million as of December 31, 2025, reflecting financing for acquisitions [20] 2026 Guidance - Crane NXT introduced guidance for 2026, projecting Adjusted EPS between $4.10 and $4.40, with sales growth expected to be between 4% to 6% [21][23] - The company anticipates an adjusted EBITDA margin of approximately 25% for 2026 [23] Dividend Announcement - Crane NXT declared a quarterly dividend of $0.18 per share for the first quarter of 2026, marking a 6% increase over the previous year [24]