Welcome to our dedicated page for Carpenter Technology news (Ticker: CRS), a resource for investors and traders seeking the latest updates and insights on Carpenter Technology stock.
Carpenter Technology Corporation (CRS) is a global leader in premium specialty alloys and engineered materials for critical applications across aerospace, defense, energy, and medical industries. This dedicated news hub provides investors and industry professionals with comprehensive access to CRS's latest developments.
Track official press releases, financial announcements, and operational updates in one centralized location. Key coverage includes quarterly earnings, advanced material innovations, strategic partnerships, and manufacturing advancements. Our curated feed ensures timely access to CRS's progress in powder metallurgy, alloy development, and global supply chain initiatives.
Bookmark this page for direct access to Carpenter Technology's verified corporate communications, including regulatory filings and leadership updates. For stakeholders monitoring specialty metals markets, this resource offers essential insights into CRS's role in high-performance materials engineering.
Carpenter Technology (NYSE: CRS) reported record first-quarter fiscal 2026 results for the quarter ended September 30, 2025. The company generated $153.3 million of operating income (up 31% year-over-year) and $2.43 diluted EPS, with net sales of $733.7 million. The Specialty Alloys Operations segment delivered $170.7 million of operating income and a 32.0% adjusted operating margin, up from 26.3% a year earlier (fifteenth consecutive quarterly margin increase).
Bookings in Aerospace & Defense rose 23% sequentially. Carpenter repurchased $49.1 million of stock and ended the quarter with $556.9 million total liquidity. Fiscal 2026 operating income guidance is $660–700 million (a 26–33% increase vs FY2025) and adjusted free cash flow guidance is $240–280 million net of brownfield spending.
Carpenter Technology (NYSE: CRS) announced a quarterly cash dividend of $0.20 per share, payable December 4, 2025, to shareholders of record on October 21, 2025.
The Board of Directors declared the dividend on October 9, 2025. The company noted its focus on high-performance specialty alloy materials and process solutions for aerospace, defense, medical, and other markets.
Carpenter Technology (NYSE:CRS) has scheduled its first quarter fiscal 2026 earnings conference call and webcast for October 23, 2025, at 10:00 a.m. ET. The financial results for the quarter ended September 30, 2025, will be released before the market opens on the same day.
The conference call can be accessed at +1 (646) 307-1963, while the webcast will be available through the company's investor relations website. Carpenter Technology, founded in 1889, specializes in high-performance specialty alloy materials and process solutions for aerospace, defense, medical, transportation, energy, and industrial markets.
Carpenter Technology (NYSE:CRS) announced its reclassification under the Global Industry Classification Standard (GICS) to the Aerospace & Defense sector (code: 20101010), effective September 30, 2025. The change reflects the company's strategic focus and sustained revenue concentration in aerospace and defense markets.
CEO Tony Thene emphasized that this update is expected to enhance visibility with sector-focused investors and support a valuation that better aligns with the company's earnings potential and growth trajectory. Carpenter Technology serves as a critical provider of advanced alloy solutions across commercial aerospace and defense applications.
Carpenter Technology (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock. The dividend will be payable on September 4, 2025, to shareholders of record on August 26, 2025.
Carpenter Technology, founded in 1889, is a leader in high-performance specialty alloy materials and process solutions, specializing in nickel, cobalt, and titanium for aerospace, defense, and medical applications.
Carpenter Technology (NYSE: CRS) announced key leadership changes effective October 7, 2025. Current President and CEO Tony R. Thene will assume additional duties as Chairman of the Board, succeeding I. Martin Inglis who will not seek reelection after serving since 2003.
In parallel moves, Brian Malloy, currently Senior Vice President and COO, will be promoted to President and COO, while Steven M. Ward has been elected as Lead Independent Director. Under Thene's 10-year leadership, Carpenter Technology has transformed into a leading specialty materials solutions provider, focusing on safety, quality, and technology development.
Carpenter Technology (NYSE:CRS) reported record-breaking financial results for Q4 and fiscal year 2025. The company achieved Q4 operating income of $151.4 million and earnings per diluted share of $2.21. For FY2025, Carpenter delivered $525.4 million in adjusted operating income, up 48% from FY2024.
Key highlights include record Q4 adjusted free cash flow of $201.3 million and full-year adjusted free cash flow of $287.5 million. The company's SAO segment achieved an impressive 30.5% operating margin. Carpenter executed $101.9 million in stock repurchases and paid $40.3 million in dividends during FY2025.
Looking ahead, Carpenter projects FY2026 operating income between $660-700 million, representing a 26-33% increase over FY2025, and remains on track for its FY2027 target of $765-800 million in operating income.
Carpenter Technology (NYSE:CRS) has scheduled its fourth quarter fiscal 2025 earnings conference call and webcast for July 31, 2025, at 10:00 a.m. ET. The financial results for the quarter ended June 30, 2025, will be released before the market opens on the same day.
The conference call can be accessed at +1 (646) 307-1963, while the webcast will be available on the company's investor relations website. Carpenter Technology, founded in 1889, specializes in high-performance specialty alloy materials and process solutions for aerospace, defense, medical, transportation, energy, and industrial markets.
Carpenter Technology (NYSE: CRS) reported record financial results for Q3 FY2025, with operating income of $137.8 million and earnings per diluted share of $1.88. The company's Specialty Alloys Operations (SAO) segment achieved an adjusted operating margin of 29.1%, up from 21.4% year-over-year, marking thirteen consecutive quarters of margin growth.
Net sales reached $727.0 million, a 6% increase from Q3 FY2024, despite a 7% decrease in shipment volume. The company generated $74.2 million in operating cash flow and executed $37.5 million in share repurchases under its $400.0 million repurchase program.
Looking ahead, Carpenter has raised its FY2025 operating income guidance to $520-527 million and projects $250-300 million in adjusted free cash flow. The company aims to reach $765-800 million in operating income by FY2027, representing approximately 25% CAGR over two years.
Carpenter Technology (NYSE: CRS) has announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock. The dividend will be payable on June 5, 2025, to shareholders of record on April 22, 2025.
Carpenter Technology, established in 1889, is a leader in high-performance specialty alloy materials and process solutions, specializing in nickel, cobalt, and titanium. The company serves critical applications in the aerospace, defense, and medical markets.
FAQ
What is the current stock price of Carpenter Technology (CRS)?
What is the market cap of Carpenter Technology (CRS)?
