Crane NXT vs Itron
Itron is the larger business, with $2.37bn of revenue in fiscal 2025 against $1.66bn for Crane NXT (1.4 times as much). Crane NXT grew faster (11.4% against -3.0%). Itron kept more of each dollar of sales as profit: a net margin of 12.7% against 8.8%. Itron carries less debt relative to equity (73.7% against 90.9%).
| Latest fiscal year | Crane NXTCXT, 2025 | ItronITRI, 2025 |
|---|---|---|
| Revenue | $1.66bn | $2.37bn |
| Revenue growth | 11.4% | -3.0% |
| Net income | $145m | $301m |
| Operating margin | 14.9% | 13.2% |
| Net margin | 8.8% | 12.7% |
| Return on equity | 12.5% | 19.4% |
| Free cash flow | $198m | $383m |
| Cash | $234m | $1.02bn |
| Total debt | $1.14bn | $1.26bn |
| Debt to equity | 90.9% | 73.7% |
| Dividend per share | $0.68 | — |
| Dividend yield | 1.1% | — |
| Share buybacks | — | $100m |
| Employees | — | 5,550 |
| Market value | $3.46bn | $4.26bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 53 (Moderate) | 50 (Moderate) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 82 sales |