Crane NXT backlog surges 15.3% annually, but free cash flow margin drops 8.1 points

Yahoo Finance··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Crane NXT's backlog reached $649.3 million in the latest quarter, with two-year average annual growth of 15.3%, signaling strong future revenue. Analysts project revenue to rise 16.3% over the next 12 months, an acceleration from 8.3% annualized growth over the past three years. However, the company's free cash flow margin has declined by 8.1 percentage points over the last five years, standing at 13.6% for the trailing 12 months. The stock has risen 6.8% over the past six months to $53.25 per share, trading at 11.8 times forward earnings.

Impact on assets 1

Industrials▲
Crane NXT Co
CXT
▲ PositiveDemandCapitalrelevance

Backlog surged 15.3% annually, signaling strong future revenue.