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Carpenter Technology Corporation logo

Carpenter Technology Corporation

CRS

NYSEBasic MaterialsSteel

Open in GoAI

Previous close

$492.38

+$3.30 · +0.67%

Aug 21, 4:00 PM ET

Pre-market

$490.8

−$1.58 · -0.32%

Aug 24, 6:34 AM ET

CRS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

30

Expensive

Momentum

62

Gaining

Sentiment

50

Mixed

Risk resilience

66

Moderate Risk

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Company profile

Company website

Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada. The company's operations are structured into two primary divisions: Specialty Alloys Operations and Performance Engineered Products. Its diverse product portfolio encompasses advanced alloys like titanium, stainless, alloy, and tool steels, alongside various powder metals, additives, and custom-fabricated metal components. These specialized materials are critical to numerous industries, including aerospace, defense, medical devices, transportation, energy generation, general manufacturing, and consumer goods. Established in 1889, Carpenter Technology maintains its corporate headquarters in Philadelphia, Pennsylvania.

Industry
Steel
Sector
Basic Materials
Headquarters
US
CEO
Brian J. Malloy
Listed since
Nov 5, 1987
Employees
4,500

Market position

Day range

Current $492.38

52-week range

Current $492.38

Open
$493.98
Previous close
$489.08
Volume
513.75K
0.72× average
Average volume
718.26K
Average daily volume
Market cap
24.46B USD
Beta
1.25
Market reference 1
50-day average
$565.91
-12.99% below average
200-day average
$424.63
+15.96% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
31.14B USD
P/E (TTM)
46.49×
P/B (TTM)
11.05×
P/S (TTM)
7.83×
EV / EBITDA
37.02×
Earnings yield
1.72%
Free cash flow yield
1.17%
Dividend yield
0.16%

Profitability & efficiency

Gross margin
30.58%
Operating margin
22.47%
Net margin
16.96%
Return on equity
23.78%
Return on assets
13.80%
Return on invested capital
17.08%

Financial health

Debt / equity
0.31×
Current ratio
3.81×
Altman Z-score
11.78
Piotroski F-score
9 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%21%7%-6%Gross margin, FY2022: 8.16%Gross margin, FY2023: 13.23%Gross margin, FY2024: 21.17%Gross margin, FY2025: 26.71%Gross margin, FY2026: 30.58%Operating margin, FY2022: -1.36%Operating margin, FY2023: 5.22%Operating margin, FY2024: 11.71%Operating margin, FY2025: 18.14%Operating margin, FY2026: 22.47%Net margin, FY2022: -2.67%Net margin, FY2023: 2.21%Net margin, FY2024: 6.76%Net margin, FY2025: 13.07%Net margin, FY2026: 16.96%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 8.16%. Gross margin FY2023 13.23%. Gross margin FY2024 21.17%. Gross margin FY2025 26.71%. Gross margin FY2026 30.58%. Operating margin FY2022 -1.36%. Operating margin FY2023 5.22%. Operating margin FY2024 11.71%. Operating margin FY2025 18.14%. Operating margin FY2026 22.47%. Net margin FY2022 -2.67%. Net margin FY2023 2.21%. Net margin FY2024 6.76%. Net margin FY2025 13.07%. Net margin FY2026 16.96%.

Income trends

Revenue

3.12B USD+8.59%

Operating income

702M USD+34.53%

Net income

529.8M USD+40.90%
Income trends across reported periods3.44B USD2.17B USD902.89M USD−366.43M USDRevenue, FY2022: 1.84B USDRevenue, FY2023: 2.55B USDRevenue, FY2024: 2.76B USDRevenue, FY2025: 2.88B USDRevenue, FY2026: 3.12B USDOperating income, FY2022: −24.9M USDOperating income, FY2023: 133.1M USDOperating income, FY2024: 323.1M USDOperating income, FY2025: 521.8M USDOperating income, FY2026: 702M USDNet income, FY2022: −49.1M USDNet income, FY2023: 56.4M USDNet income, FY2024: 186.5M USDNet income, FY2025: 376M USDNet income, FY2026: 529.8M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.84B USD. Revenue FY2023 2.55B USD. Revenue FY2024 2.76B USD. Revenue FY2025 2.88B USD. Revenue FY2026 3.12B USD. Operating income FY2022 −24.9M USD. Operating income FY2023 133.1M USD. Operating income FY2024 323.1M USD. Operating income FY2025 521.8M USD. Operating income FY2026 702M USD. Net income FY2022 −49.1M USD. Net income FY2023 56.4M USD. Net income FY2024 186.5M USD. Net income FY2025 376M USD. Net income FY2026 529.8M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue3.12B USD2.88B USD2.76B USD2.55B USD1.84B USD
Cost of goods sold2.17B USD2.11B USD2.18B USD2.21B USD1.69B USD
Gross profit955.5M USD768.6M USD584.3M USD337.3M USD149.8M USD
Research and development—26.1M USD25.6M USD24.4M USD—
Selling, general, and administrative253.5M USD243.2M USD230.2M USD204.2M USD174.7M USD
Operating expenses253.5M USD246.8M USD261.2M USD204.2M USD174.7M USD
Interest income—7.5M USD1.8M USD600K USD18.4M USD
Interest expense37.8M USD63.9M USD65.4M USD64.1M USD44.9M USD
Depreciation and amortization147.1M USD139.2M USD134.6M USD131M USD131.4M USD
Operating income702M USD521.8M USD323.1M USD133.1M USD−24.9M USD
Net income529.8M USD376M USD186.5M USD56.4M USD−49.1M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
10.52
FY2026 · +41.78% year over year
Latest fiscal-year revenue
3.12B USD
FY2026 · +8.59% year over year
Next fiscal-year EPS consensus
13.34
FY2027 · 5 analysts
Next fiscal-year revenue consensus
3.49B USD
FY2027 · 6 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend26.0416.26.37-3.47FY22FY23FY24FY25FY26FY27FY28FY31

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend4.72B3.67B2.62B1.57BFY22FY23FY24FY25FY26FY27FY28FY29

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$550.6

11.82% upside
Past 12 months12-month forecastHigh $620Average $550.6Low $425

Rating distribution

21 ratings
Strong buy00%
Buy1467%
Hold629%
Sell15%
Strong sell00%

Recent analyst actions

8 institutions
Northcoast ResearchdowngradeNeutralSell

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.80

2025 complete year0.0% since 2021

2026 partial: $0.40

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 25, 2026

$0.20

Quarterly

Record Aug 25, 2026 · Payment Sep 3, 2026

Dividend

Ex-dividend Apr 28, 2026

$0.20

Quarterly

Record Apr 28, 2026 · Payment Jun 4, 2026

Dividend

Ex-dividend Jan 27, 2026

$0.20

Quarterly

Record Jan 27, 2026 · Payment Mar 5, 2026

Dividend

Ex-dividend Oct 21, 2025

$0.20

Quarterly

Record Oct 21, 2025 · Payment Dec 4, 2025

Dividend

Ex-dividend Aug 26, 2025

$0.20

Quarterly

Record Aug 26, 2025 · Payment Sep 4, 2025

Dividend

Ex-dividend Apr 22, 2025

$0.20

Quarterly

Record Apr 22, 2025 · Payment Jun 5, 2025

CRS peers

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$76.67

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AEM

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$216.06

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ETFs holding CRS

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Mid-Cap ETF logoiShares Core S&P Mid-Cap ETFIJH
Market value
932.07M
Weight
0.73%
AUM
125.92B USD
Expense ratio
0.05%
Price / 1D
$76.77+0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
780.98M
Weight
0.03%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
563.76M
Weight
0.30%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
326.14M
Weight
0.73%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
297.36M
Weight
0.31%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares U.S. Aerospace & Defense ETF logoiShares U.S. Aerospace & Defense ETFITA
Market value
248.69M
Weight
1.74%
AUM
14.27B USD
Expense ratio
0.37%
Price / 1D
$237.34-0.09%
Global X - U.S. Infrastructure Development ETF logoGlobal X - U.S. Infrastructure Development ETFPAVE
Market value
194.24M
Weight
1.40%
AUM
13.86B USD
Expense ratio
0.47%
Price / 1D
$56.39+0.62%
State Street SPDR S&P MIDCAP 400 ETF Trust logoState Street SPDR S&P MIDCAP 400 ETF TrustMDY
Market value
177.96M
Weight
0.67%
AUM
26.72B USD
Expense ratio
0.23%
Price / 1D
$699.6+0.48%

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