Carpenter Technology
CRS
391.17
-4.54
-1.15%
Carpenter Technology
US · CRS
#951 by market cap
Listed 1970
391.17
-4.54
-1.15%
Live - 5344 symbols - heartbeat 250s ago
· 2026-10-08 08:05
Pre-market
384.44
-1.72%
After-hours
391.17
0.00%
Overnight
388.00
-0.81%
- Market cap
- 19.39B
- P/E (TTM)i
- 37.18
- P/Bi
- 8.70
- EPSi
- 10.52
- Div yieldi
- 0.20%
- 52W posi
- 40%
Reader sentiment
Are you bullish or bearish on CRS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 9.90, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +8.59% YoY
Margins
- Gross margin
- 30.58%
- Operating margin
- 22.47%
- Net margin
- 16.95%
Key ratios & quality
- Enterprise valuei
- 19.69B
- PEG ratioi
- 0.33
- Altman Z-Scorei
- 9.90
PEG uses trailing P/E against the 3-year net income growth rate (111.00%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.38B | 2.18B | 1.48B | 1.84B | 2.55B | 2.76B | 2.88B | 3.12B |
| Gross profit | 444.80M | 329.40M | 1.00M | 149.80M | 337.30M | 584.30M | 768.60M | 955.50M |
| Selling & admin expenses | 203.40M | 201.00M | 180.20M | 174.70M | 204.20M | 230.20M | 243.20M | 253.50M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 241.40M | 128.40M | -179.20M | -24.90M | 133.10M | 354.10M | 525.40M | 702.00M |
| Pretax profit | 216.00M | 6.10M | -297.90M | -63.10M | 72.50M | 211.60M | 467.30M | 656.20M |
| Tax | 49.00M | 4.60M | -68.30M | -14.00M | 16.10M | 25.10M | 91.30M | 126.40M |
| Net profit | 167.00M | 1.50M | -229.60M | -49.10M | 56.40M | 186.50M | 376.00M | 529.80M |
| Basic EPS | 3 | 0 | -5 | -1 | 1 | 4 | 8 | 11 |
| Diluted EPS | 3.43 | 0.02 | -4.76 | -1.01 | 1.14 | 3.70 | 7.42 | 10.52 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 727.00M | 755.60M | 733.70M | 728.00M | 811.50M | 851.00M |
| Gross profit | 200.80M | 214.00M | 216.40M | 218.30M | 251.80M | 268.90M |
| Selling & admin expenses | 63.00M | 62.60M | 63.10M | 63.10M | 65.30M | 62.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 137.80M | 151.40M | 153.30M | 155.20M | 186.50M | 206.90M |
| Pretax profit | 122.00M | 139.10M | 144.80M | 130.00M | 176.70M | 204.70M |
| Tax | 26.60M | 27.40M | 22.30M | 24.70M | 37.10M | 42.30M |
| Net profit | 95.40M | 111.70M | 122.50M | 105.30M | 139.60M | 162.40M |
| Basic EPS | 2 | 2 | 2 | 2 | 3 | 3 |
| Diluted EPS | 1.88 | 2.21 | 2.43 | 2.09 | 2.77 | 3.23 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.24B | 1.27B | 1.12B | 1.12B | 1.28B | 1.59B | 1.76B | 1.98B |
| Cash & ST investments | 27.00M | 193.10M | 287.40M | 154.20M | 44.50M | 199.10M | 315.50M | 393.30M |
| Inventory | 787.70M | 724.30M | 425.70M | 496.10M | 639.70M | 735.40M | 793.80M | 822.90M |
| Total assets | 3.19B | 3.23B | 2.97B | 2.93B | 3.05B | 3.29B | 3.49B | 3.84B |
| Total current liabilities | 416.00M | 452.10M | 306.30M | 375.60M | 459.40M | 466.30M | 483.70M | 520.00M |
| Short-term debt | 19.70M | 181.50M | 9.00M | 9.90M | 9.10M | 8.80M | 8.00M | 8.80M |
| Long-term debt | 550.60M | 551.80M | 694.50M | 691.80M | 693.00M | 694.20M | 695.40M | 690.70M |
| Total liabilities | 1,667,700,000.00 | 1,781,500,000.00 | 1,578,900,000.00 | 1,601,800,000.00 | 1,657,800,000.00 | 1,662,900,000.00 | 1,599,800,000.00 | 1,610,700,000.00 |
| Total equity | 1.52B | 1.45B | 1.39B | 1.33B | 1.40B | 1.63B | 1.89B | 2.23B |
| Retained earnings | 1.61B | 1.57B | 1.30B | 1.21B | 1.23B | 1.37B | 1.71B | 2.20B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.67B | 1.76B | 1.67B | 1.76B | 1.90B | 1.98B |
| Cash & ST investments | 151.50M | 315.50M | 208.00M | 231.90M | 294.80M | 393.30M |
| Inventory | 825.00M | 793.80M | 778.50M | 822.30M | 839.20M | 822.90M |
| Total assets | 3.36B | 3.49B | 3.40B | 3.50B | 3.68B | 3.84B |
| Total current liabilities | 444.20M | 483.70M | 376.90M | 412.80M | 508.30M | 520.00M |
| Short-term debt | 7.60M | 8.00M | 8.50M | 8.60M | 8.90M | 8.80M |
| Long-term debt | 695.10M | 695.40M | 695.70M | 690.10M | 690.40M | 690.70M |
| Total liabilities | 1,580,100,000.00 | 1,599,800,000.00 | 1,491,000,000.00 | 1,518,900,000.00 | 1,611,500,000.00 | 1,610,700,000.00 |
| Total equity | 1.78B | 1.89B | 1.91B | 1.99B | 2.07B | 2.23B |
| Retained earnings | 1.61B | 1.71B | 1.82B | 1.92B | 2.05B | 2.20B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 232.40M | 231.80M | 250.00M | 6.00M | 14.70M | 274.90M | 440.40M | 605.00M |
| Depreciation & amortization | 121.50M | 123.90M | 123.60M | 131.40M | 131.00M | 134.60M | 139.20M | 147.10M |
| Free cash flow | 52.10M | 60.40M | 149.50M | -85.30M | -67.60M | 178.30M | 286.10M | 362.30M |
| Dividends paid | -38.60M | -38.80M | -39.10M | -39.20M | -39.40M | -40.00M | -40.30M | -40.30M |
| Stock buybacks / issuance | -- | -- | -- | -- | 0 | 0 | -101.90M | -179.10M |
| Ending cash balance | 27.00M | 193.10M | 287.40M | 154.20M | 44.50M | 199.10M | 315.50M | 393.30M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 74.20M | 258.10M | 39.20M | 132.20M | 193.50M | 240.10M |
| Depreciation & amortization | 35.50M | 35.60M | 36.00M | 36.10M | 36.70M | 38.30M |
| Free cash flow | 34.10M | 200.10M | -3.40M | 85.90M | 124.80M | 155.00M |
| Dividends paid | -10.00M | -10.10M | -10.10M | -10.00M | -10.10M | -10.10M |
| Stock buybacks / issuance | -37.50M | -24.10M | -49.10M | -32.10M | -52.70M | -45.20M |
| Ending cash balance | 151.50M | 315.50M | 208.00M | 231.90M | 294.80M | 393.30M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 10.98 | 0.07 | -16.21 | -3.61 | 4.11 | 12.31 | 21.38 | 25.74 |
| ROA %i | 5.33 | 0.03 | -7.42 | -1.67 | 1.87 | 5.87 | 11.09 | 14.46 |
| ROIC %i | 8.94 | 0.73 | -9.47 | -0.69 | 5.10 | 10.94 | 17.11 | 20.22 |
| 5-year avg ROE %i | 6.80 | 5.99 | 2.56 | 1.03 | -0.93 | -0.67 | 3.59 | 11.99 |
| EBIT margin %i | 10.17 | 1.19 | -17.91 | -0.99 | 5.36 | 10.04 | 18.46 | 22.41 |
| FCF / sales %i | 2.19 | 2.77 | 10.13 | -- | -- | 6.46 | 9.94 | 11.60 |
| Current ratioi | 2.97 | 2.80 | 3.65 | 2.98 | 2.79 | 3.41 | 3.65 | 3.81 |
| Quick ratioi | 0.99 | 1.07 | 1.95 | 1.43 | 1.25 | 1.63 | 1.84 | 2.11 |
| Debt / assetsi | 17.89 | 24.28 | 23.68 | 23.93 | 22.99 | 21.36 | 20.17 | 18.22 |
| LT debt / equityi | 36.22 | 41.65 | 49.88 | 52.00 | 49.64 | 42.62 | 36.85 | 31.01 |
| Interest coveragei | 9.31 | 1.31 | -7.87 | -0.41 | 2.13 | 4.24 | 8.31 | 15.98 |
| Revenue CAGR (3Y) %i | 9.49 | 6.66 | -11.90 | -8.28 | 5.35 | 23.21 | 16.15 | 7.00 |
| Net income CAGR (3Y) %i | 145.40 | -68.28 | -- | -- | 235.01 | -- | -- | 111.00 |
| FCF CAGR (3Y) %i | -31.52 | 23.84 | 26.30 | -- | -- | 6.05 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 21.78 | 21.38 | 23.16 | 23.48 | 24.88 | 25.74 |
| ROA %i | 10.94 | 11.09 | 12.43 | 12.73 | 13.60 | 14.46 |
| ROIC %i | 17.33 | 17.11 | 18.34 | 18.58 | 19.54 | 20.22 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 16.66 | 18.46 | 19.75 | 20.10 | 21.16 | 22.41 |
| FCF / sales %i | 7.80 | 9.94 | 9.31 | 10.76 | 13.45 | 11.60 |
| Current ratioi | 3.75 | 3.65 | 4.44 | 4.25 | 3.73 | 3.81 |
| Quick ratioi | 1.70 | 1.84 | 2.18 | 2.02 | 1.92 | 2.11 |
| Debt / assetsi | 20.90 | 20.17 | 20.70 | 19.94 | 19.01 | 18.22 |
| LT debt / equityi | 39.01 | 36.85 | 36.40 | 34.76 | 33.39 | 31.01 |
| Interest coveragei | 7.55 | 8.31 | 9.45 | 10.55 | 12.74 | 15.98 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Specialty Alloys Operations (SAO ) is the largest reported line at 90.48% of revenue, across 3 reported segments.
- The next-largest line, Performance Engineered Products (PEP ), is a distant second at 12.26% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Specialty Alloys Operations (SAO )90.48%
Performance Engineered Products (PEP )12.26%
Region
United States58.39%
Europe22.42%
Asia Pacific10.92%
Mexico4.54%
Canada2.05%
Other1.69%
Quote time 2026-10-08 08:05:14 · For reference only, not investment advice and not tailored to your situation.