Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted-Average Assumptions for Grants

The weighted-average assumptions for grants during the years ended December 31, 2024, 2023 and 2022 are as follows:

	2024		2023		2022
Dividend yield	1.10	%	1.57	%	2.05	%
Volatility	36.00	%	32.33	%	33.96	%
Risk-free interest rate	4.23	%	3.67	%	1.92	%
Expected lives in years	7.7		7.7		7.2

Summary of Stock Option Plan Activity

Activity in Crane NXT’s stock option plans for the year ended December 31, 2024 were as follows:

Option Activity	Number of Shares (in 000’s)	Weighted Average Exercise Price		Weighted Average Remaining Life (Years)	Aggregate Intrinsic Value (in millions) (a)
Options outstanding as of January 1, 2024	511	$	35.04
Granted	83	58.00
Exercised	(116)	27.78
Canceled	(14)	39.02
Options outstanding as of December 31, 2024	464	$	40.82	6.86	$	8.1
Options exercisable as of December 31, 2024	218	$	31.83	5.13	$	5.8

(a) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the estimated fair value of the common stock for in the money options at December 31, 2024.

Summary of Changes in Restricted Share Units

Changes in our restricted share units for the year ended December 31, 2024 were as follows:

Restricted Share Unit Activity	Restricted Share Units (in 000’s)	Weighted Average Grant-Date Fair Value
Restricted share units as of January 1, 2024	412	$	40.18
Restricted share units granted	187	57.72
Restricted share units vested	(156)	38.96
Restricted share units forfeited	(34)	46.58
Performance-based restricted share units granted	90	58.22
Performance-based restricted share units vested	(26)	36.11
Performance-based restricted share units forfeited	(12)	48.89
Restricted share units as of December 31, 2024	461	$	51.07