What is Carpenter Technology Corp's earnings per share (EPS)?

Carpenter Technology Corp (CRS) reported diluted earnings per share of $10.52 for fiscal year 2026. This represents a 41.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Carpenter Technology Corp (CRS) Financials

CRS

FY2026 annual

Revenue $3.1B +8.6% YoY

Net Income $530.0M +41.0% YoY

EPS (Diluted) $10.52 +41.8% YoY

Free Cash Flow $362.3M +26.6% YoY

Market Cap $19.4B as of Oct 7, 2026

Price / Sales 6.2x on $3.1B revenue, FY2026

Price / Earnings 36.6x on $530.0M net income, FY2026

Price / Book 8.7x on $2.2B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CRS SEC filings page.

Carpenter Technology Corp (CRS) reported $3.1B in revenue for fiscal year 2026, up 8.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CRS FY2026 2026-10-04

Carpenter's margin expansion is converting sales growth into cash while its balance sheet becomes less debt-dependent.

Gross and operating margins widened together from FY2024 through FY2026, so the improvement is broader than a single cost line. With SG&A rising about 10% while revenue rose about 13% over that span, the margin step-up appears to reflect both a favorable gross-profit structure and operating leverage, rather than sales volume alone.

Cash conversion improved alongside earnings: FY2026 operating cash flow reached $605M, versus $362M of free cash flow. The gap reflects $243M of capital expenditures, meaning reinvestment absorbed a substantial share of internally generated cash but still left positive cash after investment.

The balance sheet is strengthening through retained earnings rather than rising leverage: equity climbed from $1.63B in FY2024 to $2.23B in FY2026. Long-term debt stayed near $0.69B over that span, and debt-to-equity fell to 0.3x, indicating accumulated profits—not new borrowing—did most of the balance-sheet building.

Financial Health Signals

Financial Health Score 70/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Carpenter Technology Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Carpenter Technology Corp has an operating margin of 22.5%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is up from 18.1% the prior year.

Growth

Carpenter Technology Corp's revenue grew 8.6% year-over-year to $3.1B, a solid pace of expansion. This earns a growth score of 55/100.

Leverage

Carpenter Technology Corp carries a low D/E ratio of 0.31, meaning only $0.31 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.81, Carpenter Technology Corp holds $3.81 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.

Cash Flow

Carpenter Technology Corp converts 11.6% of revenue into free cash flow ($362.3M). This strong cash generation earns a score of 66/100.

Returns

Carpenter Technology Corp earns a strong 23.8% return on equity (ROE), meaning it generates $24 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is up from 19.9% the prior year.

Altman Z-Score Safe

9.90

Carpenter Technology Corp scores 9.90, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($19.4B) relative to total liabilities ($1.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

8/9

Carpenter Technology Corp passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.14x

For every $1 of reported earnings, Carpenter Technology Corp generates $1.14 in operating cash flow ($605.0M OCF vs $530.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

18.57x

Carpenter Technology Corp earns $18.57 in operating income for every $1 of interest expense ($702.0M vs $37.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$851.0M

YoY+12.6%

QoQ+4.9%

5Y CAGR+15.1%

10Y CAGR+6.4%

Carpenter Technology Corp generated $851.0M in revenue in Q4 2026. This represents an increase of 12.6% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.

EBITDA

$245.2M

YoY+31.1%

QoQ+9.9%

Carpenter Technology Corp's EBITDA was $245.2M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 31.1% from the same quarter a year earlier. Against the prior quarter it is up 9.9%.

Net Income

$162.4M

YoY+45.4%

QoQ+16.3%

Carpenter Technology Corp reported $162.4M in net income in Q4 2026. This represents an increase of 45.4% from the same quarter a year earlier. Against the prior quarter it is up 16.3%.

EPS (Diluted)

$3.23

YoY+46.2%

QoQ+16.6%

10Y CAGR+26.0%

Carpenter Technology Corp earned $3.23 per diluted share (EPS) in Q4 2026. This represents an increase of 46.2% from the same quarter a year earlier. Against the prior quarter it is up 16.6%.

Cash & Balance Sheet

Free Cash Flow

$155.0M

YoY-22.5%

QoQ+24.2%

5Y CAGR+24.1%

10Y CAGR+5.5%

Carpenter Technology Corp generated $155.0M in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 22.5% from the same quarter a year earlier. Against the prior quarter it is up 24.2%.

Cash & Debt

$393.3M

YoY+24.7%

QoQ+33.4%

5Y CAGR+6.5%

10Y CAGR+17.0%

Carpenter Technology Corp held $393.3M in cash against $690.7M in long-term debt as of Q4 2026.

Dividends Per Share

$0.20

YoY0.0%

QoQ0.0%

5Y CAGR0.0%

10Y CAGR+1.1%

Carpenter Technology Corp paid $0.20 per share in dividends in Q4 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

50M

YoY-0.6%

QoQ-0.3%

5Y CAGR+0.6%

10Y CAGR+0.6%

Carpenter Technology Corp had 50M shares outstanding in Q4 2026. This represents a decrease of 0.6% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.

Margins & Returns

Gross Margin

31.6%

YoY+3.3pp

QoQ+0.6pp

Carpenter Technology Corp's gross margin was 31.6% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Operating Margin

24.3%

YoY+4.3pp

QoQ+1.3pp

Carpenter Technology Corp's operating margin was 24.3% in Q4 2026, reflecting core business profitability. This is up 4.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Net Margin

19.1%

YoY+4.3pp

QoQ+1.9pp

Carpenter Technology Corp's net profit margin was 19.1% in Q4 2026, showing the share of revenue converted to profit. This is up 4.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.

Return on Equity

7.3%

YoY+1.4pp

QoQ+0.5pp

Carpenter Technology Corp's ROE was 7.3% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Capital Allocation

Share Buybacks

$45.2M

YoY+87.6%

QoQ-14.2%

Carpenter Technology Corp spent $45.2M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 87.6% from the same quarter a year earlier. Against the prior quarter it is down 14.2%.

Capital Expenditures

$85.1M

YoY+46.7%

QoQ+23.9%

5Y CAGR+31.1%

10Y CAGR+11.3%

Carpenter Technology Corp invested $85.1M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 46.7% from the same quarter a year earlier. Against the prior quarter it is up 23.9%.

R&D Spending

Not reported for Q4 2026.

CRS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CRS quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$3.1B+8.6%	$2.9B+4.3%	$2.8B+8.2%	$2.6B+38.9%	$1.8B+24.4%	$1.5B-32.3%	$2.2B-8.4%	$2.4B+10.3%	$2.2B+20.0%	$1.8B-0.9%	$1.8B-18.6%	$2.2B+2.5%	$2.2B-4.3%	$2.3B+12.0%	$2.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.9B+9.0%	$1.8B+18.6%	$1.5B-2.5%	$1.5B-19.6%	$1.9B+7.6%	$1.8B-3.5%	$1.8B+12.2%	$1.6B
Gross Profit	$955.5M+24.3%	$768.6M+31.5%	$584.3M+73.2%	$337.3M+125.2%	$149.8M+14880.0%	$1.0M-99.7%	$329.4M-25.9%	$444.8M+16.3%	$382.3M+27.1%	$300.8M+17.5%	$255.9M-19.6%	$318.3M-20.2%	$398.9M-8.0%	$433.5M+10.9%	$391.0M
R&D Expenses	$27.7M+6.1%	$26.1M+2.0%	$25.6M+4.9%	$24.4M+19.6%	$20.4M+3.6%	$19.7M-29.6%	$28.0M+20.2%	$23.3M+20.7%	$19.3M+14.2%	$16.9M+3.7%	$16.3M-12.8%	$18.7M+1.1%	$18.5M-4.6%	$19.4M-5.4%	$20.5M
SG&A Expenses	$253.5M+4.2%	$243.2M+5.6%	$230.2M+12.7%	$204.2M+16.9%	$174.7M-3.1%	$180.2M-10.3%	$201.0M-1.2%	$203.4M+5.4%	$193.0M+9.6%	$176.1M+1.3%	$173.8M-2.2%	$177.7M-4.9%	$186.9M-6.9%	$200.8M+18.7%	$169.2M
Operating Income	$702.0M+34.5%	$521.8M+61.5%	$323.1M+142.7%	$133.1M+634.5%	-$24.9M+90.0%	-$248.6M-1082.6%	$25.3M-89.5%	$241.4M+27.5%	$189.3M+55.8%	$121.5M+135.5%	$51.6M-53.7%	$111.5M-47.4%	$212.0M-8.9%	$232.7M+10.8%	$210.1M
EBITDA	$849.1M+28.5%	$661.0M+44.4%	$457.7M+73.3%	$264.1M+148.0%	$106.5M+185.2%	-$125.0M-183.8%	$149.2M-58.9%	$362.9M+18.6%	$305.9M+27.8%	$239.3M+40.0%	$170.9M-26.9%	$233.8M-27.8%	$323.9M-3.8%	$336.8M+14.6%	$293.9M
Interest Expense	$37.8M-21.9%	$48.4M-5.1%	$51.0M-5.7%	$54.1M+20.5%	$44.9M+37.3%	$32.7M+65.2%	$19.8M-23.8%	$26.0M-8.1%	$28.3M-5.0%	$29.8M+6.4%	$28.0M+1.1%	$27.7M+62.9%	$17.0M-19.0%	$21.0M-11.8%	$23.8M
Income Tax	$126.4M+38.4%	$91.3M+263.7%	$25.1M+55.9%	$16.1M+215.0%	-$14.0M+79.5%	-$68.3M-1584.8%	$4.6M-90.6%	$49.0M+273.1%	-$28.3M-222.0%	$23.2M+127.5%	$10.2M-66.4%	$30.4M-52.2%	$63.6M-9.5%	$70.3M+4.9%	$67.0M
Net Income	$530.0M+41.0%	$376.0M+101.1%	$187.0M+233.9%	$56.0M+214.3%	-$49.0M+78.7%	-$229.6M-15406.7%	$1.5M-99.1%	$167.0M-11.4%	$188.5M+301.1%	$47.0M+315.9%	$11.3M-80.7%	$58.7M-55.8%	$132.8M-9.1%	$146.1M+20.5%	$121.2M
EPS (Basic)	$10.59+41.2%	$7.50+100.0%	$3.75+226.1%	$1.15+213.9%	-$1.01+78.8%	-$4.76-23900.0%	$0.02-99.4%	$3.46-12.6%	$3.96+300.0%	$0.99+330.4%	$0.23-79.3%	$1.11-55.2%	$2.48-9.8%	$2.75+7.8%	$2.55
EPS (Diluted)	$10.52+41.8%	$7.42+100.5%	$3.70+224.6%	$1.14+212.9%	-$1.01+78.8%	-$4.76	$0.02	$3.43-12.5%	$3.92+296.0%	$0.99+330.4%	$0.23-79.3%	$1.11-55.1%	$2.47-9.5%	$2.73+7.9%	$2.53
Diluted Shares (Avg)	50M-0.6%	51M+0.8%	50M+2.2%	49M+1.4%	49M+0.4%	48M	48M	48M+1.1%	48M+1.1%	47M-2.3%	48M-8.5%	53M-1.7%	54M+0.8%	53M+12.0%	48M

Metric	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-K	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-K
Revenue	$851.0M+12.6%	$811.5M+11.6%	$728.0M+7.5%	$733.7M+2.2%	$755.6M-5.4%	$727.0M+6.1%	$676.9M+8.4%	$717.6M+10.1%
Gross Profit	$268.9M+25.7%	$251.8M+25.4%	$218.3M+23.0%	$216.4M+22.7%	$213.9M+12.2%	$200.8M+36.6%	$177.5M+44.8%	$176.3M+42.1%
SG&A Expenses	N/A	$65.3M+3.7%	$63.1M+7.7%	$63.1M+6.8%	N/A	$63.0M+10.5%	$58.6M+11.0%	$59.1M+7.3%
Operating Income	$206.9M+36.7%	$186.5M+35.3%	$155.2M+30.5%	$153.3M+34.9%	$151.4M+39.7%	$137.8M+81.6%	$118.9M+70.3%	$113.6M+64.6%
EBITDA	$245.2M+31.1%	$223.2M+28.9%	$191.4M+24.9%	$189.3M+28.4%	$187.0M+31.5%	$173.2M+57.5%	$153.2M+48.2%	$147.4M+44.4%
Interest Expense	N/A	$8.7M-27.5%	$10.2M-16.4%	$11.5M-7.3%	N/A	$12.0M-7.0%	$12.2M-6.2%	$12.4M-2.4%
Income Tax	N/A	$37.1M+39.5%	$24.7M+17.6%	$22.3M+36.8%	N/A	$26.6M+600.0%	$21.0M+68.0%	$16.3M+94.0%
Net Income	$162.4M+45.4%	$139.6M+46.3%	$105.3M+25.2%	$122.5M+44.5%	$111.7M+18.7%	$95.4M+1414.3%	$84.1M+97.0%	$84.8M+93.2%
EPS (Basic)	$3.25+45.7%	$2.79+46.8%	$2.10+25.0%	$2.45+45.0%	$2.23+18.6%	$1.90+1483.3%	$1.68+95.3%	$1.69+89.9%
EPS (Diluted)	$3.23+46.2%	$2.77+47.3%	$2.09+25.9%	$2.43+45.5%	$2.21+19.5%	$1.88+1466.7%	$1.66+95.3%	$1.67+89.8%
Diluted Shares (Avg)	50M-0.8%	50M-0.8%	50M-0.8%	50M-0.6%	51M	51M+0.8%	51M+1.0%	51M+1.6%

Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.

CRS Balance Sheet

CRS quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$3.8B+10.1%	$3.5B+5.9%	$3.3B+7.8%	$3.1B+4.1%	$2.9B-1.3%	$3.0B-7.9%	$3.2B+1.2%	$3.2B+6.0%	$3.0B+4.5%	$2.9B+3.0%	$2.8B-3.7%	$2.9B-5.1%	$3.1B+6.1%	$2.9B+9.7%	$2.6B
Current Assets	$2.0B+12.3%	$1.8B+10.9%	$1.6B+24.1%	$1.3B+14.5%	$1.1B+0.2%	$1.1B-11.8%	$1.3B+2.4%	$1.2B+4.9%	$1.2B+7.8%	$1.1B+8.2%	$1.0B-5.6%	$1.1B-10.4%	$1.2B-6.8%	$1.3B+2.5%	$1.2B
Cash & Equivalents	$393.3M+24.7%	$315.5M+58.5%	$199.1M+347.4%	$44.5M-71.1%	$154.2M-46.3%	$287.4M+48.8%	$193.1M+615.2%	$27.0M-52.0%	$56.2M-15.2%	$66.3M-19.1%	$82.0M+17.1%	$70.0M-41.7%	$120.0M-53.4%	$257.5M+22.0%	$211.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$822.9M+3.7%	$793.8M+7.9%	$735.4M+15.0%	$639.7M+28.9%	$496.1M+16.5%	$425.7M-41.2%	$724.3M-8.0%	$787.7M+14.3%	$689.2M-0.2%	$690.4M+9.8%	$628.7M-4.1%	$655.8M-6.2%	$699.2M+6.1%	$659.2M+2.7%	$642.0M
Accounts Receivable	$701.9M+22.0%	$575.5M+2.3%	$562.6M+5.9%	$531.3M+39.0%	$382.3M+23.8%	$308.7M+5.6%	$292.3M-23.9%	$384.1M+1.5%	$378.5M+30.3%	$290.4M+14.5%	$253.6M-16.6%	$304.1M-10.5%	$339.6M-0.7%	$342.0M-3.4%	$354.2M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$227.3M0.0%	$227.3M0.0%	$227.3M-5.8%	$241.4M0.0%	$241.4M0.0%	$241.4M-16.9%	$290.4M-11.0%	$326.4M+21.5%	$268.7M+2.0%	$263.4M+7.6%	$244.8M-4.9%	$257.4M-0.1%	$257.7M0.0%	$257.7M-1.1%	$260.5M
Total Liabilities	$1.6B+0.7%	$1.6B-3.8%	$1.7B+0.3%	$1.7B+3.5%	$1.6B+1.5%	$1.6B-11.4%	$1.8B+6.8%	$1.7B+9.6%	$1.5B-9.4%	$1.7B-0.6%	$1.7B+7.1%	$1.6B+1.5%	$1.6B-1.7%	$1.6B+4.3%	$1.5B
Current Liabilities	$520.0M+7.5%	$483.7M+3.7%	$466.3M+1.5%	$459.4M+22.3%	$375.6M+22.6%	$306.3M-32.2%	$452.1M+8.7%	$416.0M+14.5%	$363.3M-8.3%	$396.0M+32.5%	$298.8M-7.2%	$322.1M-25.2%	$430.6M+2.2%	$421.2M-24.0%	$554.2M
Non-Current Liabilities	$1.1B-2.3%	$1.1B-6.7%	$1.2B-0.2%	$1.2B-2.3%	$1.2B-3.6%	$1.3B-4.3%	$1.3B+6.2%	$1.3B+8.1%	$1.2B-9.8%	$1.3B-7.7%	$1.4B+10.8%	$1.3B+11.8%	$1.1B-3.1%	$1.2B+20.6%	$960.5M
Long-Term Debt	$690.7M-0.7%	$695.4M+0.2%	$694.2M+0.2%	$693.0M+0.2%	$691.8M-0.4%	$694.5M+25.9%	$551.8M+0.2%	$550.6M+0.9%	$545.7M-0.8%	$550.0M-10.0%	$611.3M+1.2%	$603.8M-0.1%	$604.3M0.0%	$604.2M+97.5%	$305.9M
Total Equity	$2.2B+18.0%	$1.9B+15.9%	$1.6B+16.7%	$1.4B+4.9%	$1.3B-4.4%	$1.4B-3.7%	$1.4B-4.9%	$1.5B+2.3%	$1.5B+24.0%	$1.2B+8.5%	$1.1B-16.7%	$1.3B-11.9%	$1.5B+15.4%	$1.3B+18.1%	$1.1B
Retained Earnings	$2.2B+28.6%	$1.7B+24.4%	$1.4B+11.9%	$1.2B+1.4%	$1.2B-6.8%	$1.3B-17.1%	$1.6B-2.3%	$1.6B+8.8%	$1.5B+11.7%	$1.3B+1.0%	$1.3B-1.8%	$1.3B+1.6%	$1.3B+7.7%	$1.2B+9.7%	$1.1B

Metric	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-K	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-K
Total Assets	$3.8B+10.1%	$3.7B+9.4%	$3.5B+5.3%	$3.4B+4.5%	$3.5B+5.9%	$3.4B+5.8%	$3.3B+5.3%	$3.3B+5.8%
Current Assets	$2.0B+12.3%	$1.9B+13.9%	$1.8B+7.1%	$1.7B+7.2%	$1.8B+10.9%	$1.7B+14.6%	$1.6B+16.3%	$1.6B+18.0%
Cash & Equivalents	$393.3M+24.7%	$294.8M+94.6%	$231.9M+43.1%	$208.0M+38.5%	$315.5M+58.5%	$151.5M+183.2%	$162.1M+932.5%	$150.2M+729.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$822.9M+3.7%	$839.2M+1.7%	$822.3M+1.3%	$778.5M+3.9%	$793.8M+7.9%	$825.0M+3.6%	$812.0M+1.8%	$749.4M+6.0%
Accounts Receivable	$701.9M+22.0%	$682.0M+13.1%	$603.5M+6.7%	$613.6M+7.8%	$575.5M+2.3%	$602.8M+15.7%	$565.4M+11.2%	$569.2M+11.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$227.3M0.0%	$227.3M0.0%	$227.3M0.0%	$227.3M0.0%	$227.3M0.0%	$227.3M0.0%	$227.3M-5.8%	$227.3M-5.8%
Total Liabilities	$1.6B+0.7%	$1.6B+2.0%	$1.5B-5.6%	$1.5B-6.5%	$1.6B-3.8%	$1.6B-5.6%	$1.6B-4.5%	$1.6B-3.2%
Current Liabilities	$520.0M+7.5%	$508.3M+14.4%	$412.8M-4.5%	$376.9M-7.2%	$483.7M+3.7%	$444.2M-2.0%	$432.1M-11.0%	$406.2M-9.5%
Non-Current Liabilities	$1.1B-2.3%	$1.1B-2.9%	$1.1B-6.1%	$1.1B-6.3%	$1.1B-6.7%	$1.1B-6.9%	$1.2B-1.8%	$1.2B-0.9%
Long-Term Debt	$690.7M-0.7%	$690.4M-0.7%	$690.1M-0.7%	$695.7M+0.2%	$695.4M+0.2%	$695.1M+0.2%	$694.8M+0.2%	$694.5M+0.2%
Total Equity	$2.2B+18.0%	$2.1B+16.0%	$2.0B+15.6%	$1.9B+15.1%	$1.9B+15.9%	$1.8B+18.6%	$1.7B+16.5%	$1.7B+16.2%
Retained Earnings	$2.2B+28.6%	$2.0B+27.3%	$1.9B+25.9%	$1.8B+25.8%	$1.7B+24.4%	$1.6B+24.6%	$1.5B+17.6%	$1.4B+14.8%

CRS Cash Flow Statement

CRS quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$605.0M+37.4%	$440.4M+60.2%	$274.9M+1770.1%	$14.7M+145.0%	$6.0M-97.6%	$250.0M+7.9%	$231.8M-0.3%	$232.4M+11.1%	$209.2M+60.6%	$130.3M-49.4%	$257.4M-8.9%	$282.6M+17.9%	$239.6M+27.1%	$188.5M+28.9%	$146.2M
Depreciation & Amortization	$147.1M+5.7%	$139.2M+3.4%	$134.6M+2.7%	$131.0M-0.3%	$131.4M+6.3%	$123.6M-0.2%	$123.9M+2.0%	$121.5M+4.2%	$116.6M-1.0%	$117.8M-1.3%	$119.3M-2.5%	$122.3M+9.3%	$111.9M+7.5%	$104.1M+24.2%	$83.8M
Stock-Based Compensation	$26.4M+15.8%	$22.8M+15.2%	$19.8M+20.7%	$16.4M+51.9%	$10.8M+3.8%	$10.4M-4.6%	$10.9M-38.1%	$17.6M0.0%	$17.6M+35.4%	$13.0M+49.4%	$8.7M-13.0%	$10.0M-12.3%	$11.4M-13.0%	$13.1M-1.5%	$13.3M
Capital Expenditures	$242.7M+57.3%	$154.3M+59.7%	$96.6M+17.4%	$82.3M-9.9%	$91.3M-9.2%	$100.5M-41.4%	$171.4M-4.9%	$180.3M+33.6%	$135.0M+37.1%	$98.5M+3.5%	$95.2M-44.2%	$170.5M-51.2%	$349.2M+12.6%	$310.2M+96.6%	$157.8M
Free Cash Flow	$362.3M+26.6%	$286.1M+60.5%	$178.3M+363.8%	-$67.6M+20.8%	-$85.3M-157.1%	$149.5M+147.5%	$60.4M+15.9%	$52.1M-29.8%	$74.2M+133.3%	$31.8M-80.4%	$162.2M+44.7%	$112.1M+202.3%	-$109.6M+9.9%	-$121.7M-949.1%	-$11.6M
Investing Cash Flow	-$242.7M-58.7%	-$152.9M-59.4%	-$95.9M-16.5%	-$82.3M+7.6%	-$89.1M-12.9%	-$78.9M+53.9%	-$171.2M+30.0%	-$244.6M-75.5%	-$139.4M-24.4%	-$112.1M-35.7%	-$82.6M+51.4%	-$170.0M+51.2%	-$348.6M	N/A	N/A
Financing Cash Flow	-$286.8M-71.6%	-$167.1M-617.2%	-$23.3M+41.9%	-$40.1M+24.1%	-$52.8M+30.6%	-$76.1M-170.6%	$107.8M+655.7%	-$19.4M+75.4%	-$78.9M-133.4%	-$33.8M+79.3%	-$163.6M-2.6%	-$159.4M-447.8%	-$29.1M	N/A	N/A
Dividends Paid	$40.3M0.0%	$40.3M+0.8%	$40.0M+1.5%	$39.4M+0.5%	$39.2M+0.3%	$39.1M+0.8%	$38.8M+0.5%	$38.6M+12.2%	$34.4M+0.9%	$34.1M-2.0%	$34.8M-8.2%	$37.9M-1.6%	$38.5M+0.5%	$38.3M+13.6%	$33.7M
Share Buybacks	$179.1M+75.8%	$101.9M	$0	$0	N/A	N/A	N/A	N/A	$0	$0-100.0%	$123.9M-0.5%	$124.5M	$0	$0	N/A

Metric	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-K	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-K
Operating Cash Flow	$240.1M-7.0%	$193.5M+160.8%	$132.2M+94.7%	$39.2M-2.5%	$258.1M+52.3%	$74.2M-11.1%	$67.9M+368.3%	$40.2M+443.2%
Depreciation & Amortization	$38.3M+7.6%	$36.7M+3.7%	$36.2M+5.5%	$36.0M+6.5%	$35.6M+5.3%	$35.4M+3.8%	$34.3M+2.1%	$33.8M+2.1%
Stock-Based Compensation	N/A	N/A	N/A	$5.6M+19.1%	N/A	N/A	N/A	$4.7M+6.8%
Capital Expenditures	$85.1M+46.7%	$68.7M+70.9%	$46.3M+58.0%	$42.6M+58.4%	$58.0M+109.4%	$40.2M+86.1%	$29.3M+15.8%	$26.9M+22.3%
Free Cash Flow	$155.0M-22.5%	$124.8M+267.1%	$85.9M+122.5%	-$3.4M-125.6%	$200.1M+41.1%	$34.0M-45.1%	$38.6M+457.4%	$13.3M+191.1%
Investing Cash Flow	-$85.1M-50.1%	-$68.7M-71.8%	-$46.3M-58.0%	-$42.6M-58.4%	-$56.7M-109.2%	-$40.0M-86.0%	-$29.3M-15.8%	-$26.9M-22.3%
Financing Cash Flow	-$57.3M-65.1%	-$62.8M-43.4%	-$62.5M-126.4%	-$104.2M-70.8%	-$34.7M-794.0%	-$43.8M-84.0%	-$27.6M-428.6%	-$61.0M-372.9%
Dividends Paid	$10.1M0.0%	$10.1M+1.0%	$10.0M-1.0%	$10.1M0.0%	$10.1M0.0%	$10.0M-1.0%	$10.1M+2.0%	$10.1M+2.0%
Share Buybacks	$45.2M+87.6%	$52.7M+40.5%	$32.1M+291.5%	$49.1M+53.0%	$24.1M	$37.5M	$8.2M	$32.1M

CRS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CRS quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	30.6%+3.9pp	26.7%+5.5pp	21.2%+7.9pp	13.2%+5.1pp	8.2%+8.1pp	0.1%-15.0pp	15.1%-3.6pp	18.7%+1.0pp	17.7%+1.0pp	16.7%+2.6pp	14.1%-0.2pp	14.3%-4.1pp	18.4%-0.7pp	19.1%-0.2pp	19.3%
Operating Margin	22.5%+4.3pp	18.1%+6.4pp	11.7%+6.5pp	5.2%+6.6pp	-1.4%+15.5pp	-16.9%-18.0pp	1.2%-9.0pp	10.1%+1.4pp	8.8%+2.0pp	6.8%+3.9pp	2.9%-2.2pp	5.0%-4.8pp	9.8%-0.5pp	10.2%-0.1pp	10.4%
Net Margin	17.0%+3.9pp	13.1%+6.3pp	6.8%+4.6pp	2.2%+4.9pp	-2.7%+12.9pp	-15.6%-15.6pp	0.1%-6.9pp	7.0%-1.7pp	8.7%+6.1pp	2.6%+2.0pp	0.6%-2.0pp	2.6%-3.5pp	6.1%-0.3pp	6.4%+0.5pp	6.0%
Return on Equity	23.8%+3.9pp	19.9%+8.5pp	11.5%+7.5pp	4.0%+7.7pp	-3.7%+12.8pp	-16.5%-16.6pp	0.1%-10.9pp	11.0%-1.7pp	12.7%+8.8pp	3.9%+2.9pp	1.0%-3.4pp	4.4%-4.4pp	8.8%-2.4pp	11.2%+0.2pp	11.0%
Return on Assets	13.8%+3.0pp	10.8%+5.1pp	5.7%+3.9pp	1.8%+3.5pp	-1.7%+6.1pp	-7.7%-7.8pp	0.1%-5.2pp	5.2%-1.0pp	6.3%+4.6pp	1.6%+1.2pp	0.4%-1.6pp	2.0%-2.3pp	4.3%-0.7pp	5.1%+0.5pp	4.6%
Current Ratio	3.81+0.2x	3.65+0.2x	3.41+0.6x	2.79-0.2x	2.98-0.7x	3.65+0.8x	2.80-0.2x	2.97-0.3x	3.24+0.5x	2.76-0.6x	3.38+0.1x	3.32+0.5x	2.77-0.3x	3.04+0.8x	2.25
Debt-to-Equity	0.31-0.1x	0.37-0.1x	0.43-0.1x	0.500.0x	0.520.0x	0.50+0.1x	0.380.0x	0.360.0x	0.37-0.1x	0.46-0.1x	0.55+0.1x	0.46+0.1x	0.40-0.1x	0.46+0.2x	0.28
Asset Turnover	0.810.0x	0.830.0x	0.840.0x	0.84+0.2x	0.63+0.1x	0.50-0.2x	0.68-0.1x	0.750.0x	0.72+0.1x	0.620.0x	0.65-0.1x	0.77+0.1x	0.71-0.1x	0.790.0x	0.77
FCF Margin	11.6%+1.7pp	9.9%+3.5pp	6.5%+9.1pp	-2.6%+2.0pp	-4.7%-14.8pp	10.1%+7.4pp	2.8%+0.6pp	2.2%-1.3pp	3.4%+1.7pp	1.8%-7.2pp	8.9%+3.9pp	5.0%+10.1pp	-5.0%+0.3pp	-5.4%-4.8pp	-0.6%

Metric	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-K	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-K
Gross Margin	31.6%+3.3pp	31.0%+3.4pp	30.0%+3.8pp	29.5%+4.9pp	28.3%+4.5pp	27.6%+6.2pp	26.2%+6.6pp	24.6%+5.5pp
Operating Margin	24.3%+4.3pp	23.0%+4.0pp	21.3%+3.8pp	20.9%+5.1pp	20.0%+6.5pp	18.9%+7.9pp	17.6%+6.4pp	15.8%+5.2pp
Net Margin	19.1%+4.3pp	17.2%+4.1pp	14.5%+2.0pp	16.7%+4.9pp	14.8%+3.0pp	13.1%+12.2pp	12.4%+5.6pp	11.8%+5.1pp
Return on Equity	7.3%+1.4pp	6.8%+1.4pp	5.3%+0.4pp	6.4%+1.3pp	5.9%+0.1pp	5.3%+4.9pp	4.9%+2.0pp	5.1%+2.0pp
Return on Assets	4.2%+1.0pp	3.8%+1.0pp	3.0%+0.5pp	3.6%+1.0pp	3.2%+0.3pp	2.8%+2.6pp	2.5%+1.2pp	2.6%+1.2pp
Current Ratio	3.81+0.2x	3.730.0x	4.25+0.5x	4.44+0.6x	3.65+0.2x	3.75+0.5x	3.80+0.9x	3.84+0.9x
Debt-to-Equity	0.31-0.1x	0.33-0.1x	0.35-0.1x	0.36-0.1x	0.37-0.1x	0.39-0.1x	0.40-0.1x	0.42-0.1x
Asset Turnover	0.220.0x	0.220.0x	0.210.0x	0.220.0x	0.220.0x	0.220.0x	0.200.0x	0.220.0x
FCF Margin	18.2%-8.3pp	15.4%+10.7pp	11.8%+6.1pp	-0.5%-2.3pp	26.5%+8.7pp	4.7%-4.4pp	5.7%+7.4pp	1.8%+4.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Carpenter Technology Corp CRS	FY2026	$3.1B	$530.0M	17.0%	$19.4B	70/100
ATI Inc. ATI	FY2025	$4.6B	$404.3M	8.8%	$26.5B	58/100
Mueller Industries, Inc. MLI	FY2025	$4.2B	$765.2M	18.3%	$14.0B	86/100
ESAB Corporation ESAB	FY2025	$2.8B	$226.8M	8.0%	$4.5B	57/100
Worthington Enterprises, Inc. WOR	FY2026	$1.4B	$156.1M	11.3%	$3.0B	47/100
Insteel Industries, Inc. IIIN	FY2025	$647.7M	$41.0M	6.3%	$584.0M	41/100

Where Carpenter Technology Corp Ranks

Frequently Asked Questions

What is Carpenter Technology Corp's annual revenue?

Carpenter Technology Corp (CRS) reported $3.1B in total revenue for fiscal year 2026. This represents a 8.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Carpenter Technology Corp's revenue growing?

Carpenter Technology Corp (CRS) revenue grew by 8.6% year-over-year, from $2.9B to $3.1B in fiscal year 2026.

Is Carpenter Technology Corp profitable?

Yes, Carpenter Technology Corp (CRS) reported a net income of $530.0M in fiscal year 2026, with a net profit margin of 17.0%.

What is Carpenter Technology Corp's EBITDA?

Carpenter Technology Corp (CRS) had EBITDA of $849.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Carpenter Technology Corp have?

As of fiscal year 2026, Carpenter Technology Corp (CRS) had $393.3M in cash and equivalents against $690.7M in long-term debt.

What is Carpenter Technology Corp's gross margin?

Carpenter Technology Corp (CRS) had a gross margin of 30.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Carpenter Technology Corp's operating margin?

Carpenter Technology Corp (CRS) had an operating margin of 22.5% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Carpenter Technology Corp's net profit margin?

Carpenter Technology Corp (CRS) had a net profit margin of 17.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Carpenter Technology Corp pay dividends?

Yes, Carpenter Technology Corp (CRS) paid $0.80 per share in dividends during fiscal year 2026.

What is Carpenter Technology Corp's return on equity (ROE)?

Carpenter Technology Corp (CRS) has a return on equity of 23.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Carpenter Technology Corp's free cash flow?

Carpenter Technology Corp (CRS) generated $362.3M in free cash flow during fiscal year 2026. This represents a 26.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Carpenter Technology Corp's operating cash flow?

Carpenter Technology Corp (CRS) generated $605.0M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Carpenter Technology Corp's total assets?

Carpenter Technology Corp (CRS) had $3.8B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Carpenter Technology Corp's capital expenditures?

Carpenter Technology Corp (CRS) invested $242.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Carpenter Technology Corp spend on research and development?

Carpenter Technology Corp (CRS) invested $27.7M in research and development during fiscal year 2026.

Does Carpenter Technology Corp buy back shares?

Yes, Carpenter Technology Corp (CRS) spent $179.1M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Carpenter Technology Corp have outstanding?

Carpenter Technology Corp (CRS) had 50M shares outstanding as of fiscal year 2026.

What is Carpenter Technology Corp's current ratio?

Carpenter Technology Corp (CRS) had a current ratio of 3.81 as of fiscal year 2026, which is generally considered healthy.

What is Carpenter Technology Corp's debt-to-equity ratio?

Carpenter Technology Corp (CRS) had a debt-to-equity ratio of 0.31 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Carpenter Technology Corp's return on assets (ROA)?

Carpenter Technology Corp (CRS) had a return on assets of 13.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Carpenter Technology Corp's P/E ratio?

Carpenter Technology Corp (CRS) trades at 36.6x earnings, its market capitalization divided by net income of $530.0M net income, FY2026. The market capitalization is $19.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Carpenter Technology Corp's price-to-sales ratio?

Carpenter Technology Corp (CRS) trades at 6.2x sales, its market capitalization divided by revenue of $3.1B revenue, FY2026. The market capitalization is $19.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Carpenter Technology Corp's Altman Z-Score?

Carpenter Technology Corp (CRS) has an Altman Z-Score of 9.90, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Carpenter Technology Corp's Piotroski F-Score?

Carpenter Technology Corp (CRS) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Carpenter Technology Corp's earnings high quality?

Carpenter Technology Corp (CRS) has an earnings quality ratio of 1.14x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Carpenter Technology Corp cover its interest payments?

Carpenter Technology Corp (CRS) has an interest coverage ratio of 18.57x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Carpenter Technology Corp?

Carpenter Technology Corp (CRS) scores 70 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.