Carpenter Technology Corp (CRS)

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. It serves the aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Ticker: CRS
Exchange: NYSE
Sector: Industrials
Industry: Metal Fabrication
Market cap: $13.78B
52-week range: $270.49 - $625.99

Valuation

Share price: $278.31 (close of Nov 6, 2026)
P/E (TTM): 24.41x
Price to book: 6.32x
Price to free cash flow: 40.45x
Enterprise value: $14.32B
Book value per share: $44.07

Price performance

Period	Change
1 day	-0.20%
5 days	-1.69%
1 month	-29.67%
3 months	-50.06%
6 months	-39.25%
Year to date	-11.60%
1 year	-11.87%
3 years	+313.72%
5 years	+749.54%
10 years	+776.57%
All time	+9,528.02%

Short interest

As of: Oct 15, 2026
Short % of float: 2.72%
Shares short: 1.32M
Days to cover: 1.87
Change since prior report: -8.54%
Source: FINRA consolidated short interest

Members of Congress who disclosed CRS trades

Markwayne Mullin

Super investors holding CRS

Stephen Mandel (Lone Pine Capital LLC) · Dan Loeb (Third Point LLC) · Ray Dalio (Bridgewater Associates) · Polen Capital Mgmt (Polen Capital Management LLC) · George Soros (Soros Fund Mgmt) · Ken Griffin (Citadel)

Profitability and growth

Return on equity: 23.78%
Return on invested capital: 19.66%
Return on assets: 13.80%
Return on capital employed: 21.16%
Gross margin: 30.58%
Net margin: 16.96%
EBITDA margin: 27.18%
Revenue growth: 8.59%
Net income growth: 40.90%
Free cash flow growth: 26.63%

Cash flow and balance sheet

Free cash flow yield (TTM): 2.47%
Current ratio: 3.94x
Net debt to EBITDA: 0.61x

Latest reported year

Period end: Jun 30, 2026
Fiscal year: 2026
Revenue: $3.12B
Cost of revenue: $2.14B
Gross profit: $955.50M
EBITDA: $849.10M
Net income: $529.80M
Earnings per share: $10.59
Research and development: $27.70M
Interest expense: $37.80M
Shares outstanding: 50.00M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2026-06-30	$3.12B	$955.50M	$529.80M	$10.59
2025-06-30	$2.88B	$768.60M	$376.00M	$7.50
2024-06-30	$2.76B	$584.30M	$186.50M	$3.75
2023-06-30	$2.55B	$337.30M	$56.40M	$1.15
2022-06-30	$1.84B	$149.80M	-$49.10M	-$1.01
2021-06-30	$1.48B	$1.00M	-$229.60M	-$4.76
2020-06-30	$2.18B	$329.40M	$1.50M	$0.02
2019-06-30	$2.38B	$444.80M	$167.00M	$3.46
2018-06-30	$2.16B	$382.30M	$188.50M	$3.96
2017-06-30	$1.80B	$300.80M	$47.00M	$0.99

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2026-06-30	30.58%	16.96%	23.78%	19.66%
2025-06-30	26.71%	13.07%	19.93%	16.62%
2024-06-30	21.17%	6.76%	11.45%	12.78%
2023-06-30	13.23%	2.21%	4.04%	5.58%
2022-06-30	8.16%	-2.67%	-3.69%	-0.60%
2021-06-30	0.07%	-15.56%	-16.49%	-8.46%
2020-06-30	15.10%	0.07%	0.10%	0.93%
2019-06-30	18.69%	7.02%	10.99%	9.20%
2018-06-30	17.72%	8.74%	12.69%	9.32%
2017-06-30	16.73%	2.61%	3.92%	5.45%

Cash and debt by year

Period end	Cash	Debt
2026-06-30	$393.30M	$690.70M
2025-06-30	$315.50M	$695.40M
2024-06-30	$199.10M	$694.20M
2023-06-30	$44.50M	$693.00M
2022-06-30	$154.20M	$691.80M
2021-06-30	$287.40M	$694.50M
2020-06-30	$193.10M	$551.80M
2019-06-30	$27.00M	$550.60M
2018-06-30	$56.20M	$545.70M
2017-06-30	$66.30M	$550.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2026-06-30	$362.30M	$26.40M
2025-06-30	$286.10M	$22.80M
2024-06-30	$178.30M	$19.80M
2023-06-30	-$67.60M	$16.40M
2022-06-30	-$85.30M	$10.80M
2021-06-30	$149.50M	$10.40M
2020-06-30	$60.40M	$10.90M
2019-06-30	$52.10M	$17.60M
2018-06-30	$74.20M	$17.60M
2017-06-30	$31.80M	$13.00M

Dividend history

Most recent payment: Oct 20, 2026
Paid in the last twelve months: $0.80

Payment date	Dividend per share
2026-10-20	$0.20
2026-08-25	$0.20
2026-04-28	$0.20
2026-01-27	$0.20
2025-10-21	$0.20
2025-08-26	$0.20
2025-04-22	$0.20
2025-01-28	$0.20

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-10-22	Sep 2026	$2.97
2026-07-30	Jun 2026	$3.03
2026-04-29	Mar 2026	$2.59
2026-01-29	Dec 2025	$2.20
2025-10-23	Sep 2025	$2.13
2025-07-31	Jun 2025	$2.03
2025-04-24	Mar 2025	$1.74
2025-01-30	Dec 2024	$1.56

Filings and sources

Company website: carpentertechnology.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

Similar companies

3M Co (MMM) · Huntington Ingalls Industries, Inc. (HII) · Honeywell International Inc (HON) · Textron Inc (TXT) · Vertiv Holdings Co (VRT) · HEICO Corp (HEI-A) · Bloom Energy Corp (BE) · Axon Enterprise, Inc. (AXON)

All Industrials companies

Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades