CRS · Carpenter Technology Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.88B | $2.76B | $2.55B | $1.84B | $1.48B | $2.18B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | $768.60M | $584.30M | $337.30M | $149.80M | $1.00M | $329.40M |
| R&D | $26.10M | $25.60M | $24.40M | $20.40M | $19.70M | $28.00M |
| SG&A | $243.20M | $230.20M | $204.20M | $174.70M | $180.20M | $201.00M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $139.20M | $134.60M | $131.00M | $131.40M | $123.60M | $123.90M |
| Operating Income | $521.80M | $323.10M | $133.10M | ($24.90M) | ($248.60M) | $25.30M |
| Interest Expense | $48.40M | $51.00M | $54.10M | $44.90M | $32.70M | $19.80M |
| Income Tax | $91.30M | $25.10M | $16.10M | ($14.00M) | ($68.30M) | $4.60M |
| Net Income | $376.00M | $186.50M | $56.40M | ($49.10M) | ($229.60M) | $1.50M |
| EPS - Basic | $7.50 | $3.75 | $1.15 | ($1.01) | ($4.76) | $0.02 |
| EPS - Diluted | $7.42 | $3.70 | $1.14 | ($1.01) | ($4.76) | $0.02 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $315.50M | $199.10M | $44.50M | $154.20M | $287.40M | $193.10M |
| Accounts Receivable | $575.50M | $562.60M | $531.30M | $382.30M | $308.70M | $292.30M |
| Inventory | $793.80M | $735.40M | $639.70M | $496.10M | $425.70M | $724.30M |
| Accounts Payable | $267.40M | $263.90M | $278.10M | $242.10M | $142.40M | $124.20M |
| Current Assets | $1.76B | $1.59B | $1.28B | $1.12B | $1.12B | $1.27B |
| Total Assets | $3.49B | $3.29B | $3.05B | $2.93B | $2.97B | $3.23B |
| Current Liabilities | $483.70M | $466.30M | $459.40M | $375.60M | $306.30M | $452.10M |
| Long-term Debt | $695.40M | $694.20M | $693.00M | $691.80M | $694.50M | $551.80M |
| Total Liabilities | $1.60B | $1.66B | $1.66B | $1.60B | $1.58B | $1.78B |
| Stockholders' Equity | $1.89B | $1.63B | $1.40B | $1.33B | $1.39B | $1.45B |
| Retained Earnings | $1.71B | $1.37B | $1.23B | $1.21B | $1.30B | $1.57B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $440.40M | $274.90M | $14.70M | $6.00M | $250.00M | $231.80M |
| Investing Cash Flow | ($152.90M) | ($95.90M) | ($82.30M) | ($89.10M) | ($78.90M) | ($171.20M) |
| Financing Cash Flow | ($167.10M) | ($23.30M) | ($40.10M) | ($52.80M) | ($76.10M) | $107.80M |
| CapEx | $154.30M | $96.60M | $82.30M | $91.30M | $100.50M | $171.40M |
| Free Cash Flow | $286.10M | $178.30M | ($67.60M) | ($85.30M) | $149.50M | $60.40M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 26.7% | 21.2% | 13.2% | 8.2% | 0.1% | 15.1% |
| Operating margin | 18.1% | 11.7% | 5.2% | -1.4% | -16.8% | 1.2% |
| EBITDA margin | 23.0% | 16.6% | 10.4% | 5.8% | -8.5% | 6.8% |
| Net margin | 13.1% | 6.8% | 2.2% | -2.7% | -15.6% | 0.1% |
| Free cash flow margin | 9.9% | 6.5% | -2.7% | -4.6% | 10.1% | 2.8% |
| FCF / Net income | 0.76 | 0.96 | -1.20 | 1.74 | -0.65 | 40.27 |
| R&D / Revenue | 0.9% | 0.9% | 1.0% | 1.1% | 1.3% | 1.3% |
| SG&A / Revenue | 8.5% | 8.3% | 8.0% | 9.5% | 12.2% | 9.2% |
| Effective tax rate | 19.5% | 11.9% | 22.2% | - | - | 75.4% |
| Return on assets | 10.8% | 5.7% | 1.8% | -1.7% | -7.7% | 0.0% |
| Return on equity | 19.9% | 11.5% | 4.0% | -3.7% | -16.5% | 0.1% |
| Return on invested capital | 16.3% | 12.3% | 5.0% | -1.0% | -9.4% | 0.6% |
| Liquidity | ||||||
| Current ratio | 3.65 | 3.41 | 2.79 | 2.98 | 3.65 | 2.80 |
| Quick ratio | 2.01 | 1.84 | 1.40 | 1.66 | 2.26 | 1.20 |
| Cash ratio | 0.65 | 0.43 | 0.10 | 0.41 | 0.94 | 0.43 |
| Leverage | ||||||
| Debt / Equity | 0.37 | 0.43 | 0.50 | 0.52 | 0.50 | 0.38 |
| Debt / Assets | 0.20 | 0.21 | 0.23 | 0.24 | 0.23 | 0.17 |
| Debt / EBITDA | 1.05 | 1.52 | 2.62 | 6.50 | - | 3.70 |
| Interest coverage | 10.8x | 6.3x | 2.5x | -0.6x | -7.6x | 1.3x |
| Equity multiplier | 1.85 | 2.02 | 2.19 | 2.20 | 2.13 | 2.23 |
| Liabilities / Assets | 0.46 | 0.51 | 0.54 | 0.55 | 0.53 | 0.55 |
| Efficiency | ||||||
| Asset turnover | 0.83 | 0.84 | 0.84 | 0.63 | 0.50 | 0.68 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 73d | 74d | 76d | 76d | 76d | 49d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 37.2x | 29.6x | 49.2x | - | - | 1214.0x |
| P / B | 7.4x | 3.4x | 2.0x | 1.0x | 1.4x | 0.8x |
| P / S | 4.9x | 2.0x | 1.1x | 0.7x | 1.3x | 0.5x |
| EV / EBITDA | 21.8x | 13.1x | 12.9x | 17.8x | - | 10.2x |
| Growth | ||||||
| Revenue growth (YoY) | 4.3% | 8.2% | 38.9% | 24.4% | -32.3% | 21.3% |
| Revenue CAGR (3y) | 16.1% | 23.2% | 5.4% | 0.7% | -6.6% | 6.7% |
| Revenue CAGR (5y) | 5.7% | 9.0% | 7.1% | 0.4% | -4.0% | -0.4% |
| Gross profit growth (YoY) | 31.5% | 73.2% | 125.2% | 14880.0% | -99.7% | -25.9% |
| Operating income growth (YoY) | 61.5% | 142.7% | - | 90.0% | - | -89.5% |
| Net income growth (YoY) | 101.6% | 230.7% | - | 78.6% | - | -99.1% |
| EPS growth (YoY) | 100.5% | 224.6% | - | 78.8% | - | -99.4% |
| EPS CAGR (3y) | - | - | 284.9% | - | - | -72.8% |
| EPS CAGR (5y) | 226.5% | 1.5% | -21.9% | - | - | -55.2% |
| FCF growth (YoY) | 60.5% | - | 20.8% | - | 147.5% | 15.9% |
| FCF CAGR (5y) | 36.5% | 27.9% | - | - | -1.6% | -11.6% |
| Book value growth (YoY) | 15.9% | 16.7% | 4.9% | -4.4% | -3.7% | -4.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$2.97B totalSpecialty Alloys Operations Segment$2.56B · 86.3%
Performance Engineered Products Segment$405.40M · 13.7%
Product / service
$2.65B totalAerospace And Defense Markets$1.68B · 63.4%
Industrial And Consumer Markets$341.30M · 12.9%
Medical Market$243.70M · 9.2%
Energy Market$193.20M · 7.3%
Transportation Market$105.80M · 4.0%
Distribution Market$84.30M · 3.2%
Geographic
$2.56B totalUS$1.49B · 58.0%
Europe$545.40M · 21.3%
Asia Pacific$342.10M · 13.3%
MX$93.70M · 3.7%
CA$50.10M · 2.0%
Other Country$45.10M · 1.8%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.46
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Comparing CARPENTER TECHNOLOGY CORP against the 5 most active filers in the same SIC group.
Dividends
$0.80/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 28, 2026 | $0.2000 |
| Jan 27, 2026 | $0.2000 |
| Oct 21, 2025 | $0.2000 |
| Aug 26, 2025 | $0.2000 |
| Apr 22, 2025 | $0.2000 |
| Jan 28, 2025 | $0.2000 |
| Oct 22, 2024 | $0.2000 |
| Aug 27, 2024 | $0.2000 |
| Apr 22, 2024 | $0.2000 |
| Jan 29, 2024 | $0.2000 |
| Oct 23, 2023 | $0.2000 |
| Aug 21, 2023 | $0.2000 |
| May 1, 2023 | $0.2000 |
| Jan 30, 2023 | $0.2000 |
| Oct 24, 2022 | $0.2000 |
| Aug 22, 2022 | $0.2000 |
| May 2, 2022 | $0.2000 |
| Jan 31, 2022 | $0.2000 |
| Oct 25, 2021 | $0.2000 |
| Aug 30, 2021 | $0.2000 |
| May 3, 2021 | $0.2000 |
| Feb 1, 2021 | $0.2000 |
| Oct 26, 2020 | $0.2000 |
| Aug 24, 2020 | $0.2000 |