Welcome to our dedicated page for CARPENTER TECHNOLOGY SEC filings (Ticker: CRS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Carpenter Technology Corporation filings document an operating specialty materials issuer with common stock listed on the New York Stock Exchange under CRS. Recent Form 8-K disclosures cover quarterly results, earnings-call materials, Regulation FD communications, dividend and governance events, and capital-structure actions.
The filing record includes material agreements for the company’s 5.625% senior notes due 2034, along with exhibits describing press releases, presentation materials, indenture terms, and related financial disclosures. Carpenter Technology’s filings also frame risks around the cyclical specialty materials business, aerospace, defense, medical, energy, transportation, industrial and consumer end markets, manufacturing performance, raw material, energy and freight costs, and execution of operating improvements.
Carpenter Technology Corporation reported a record fiscal fourth quarter and the most profitable year in its history for the period ended June 30, 2026. Fourth quarter net sales were $851.0 million, with operating income of $206.9 million and diluted earnings per share of $3.23. The Specialty Alloys Operations segment delivered operating income of $229.7 million and a record adjusted operating margin of 37.8%, reflecting productivity gains, higher pricing and improved product mix. The company generated $240.1 million of operating cash flow and $155.0 million of adjusted free cash flow in the quarter, and repurchased $45.2 million of shares.
For fiscal year 2026, operating income reached $702.0 million, up 34 percent over fiscal year 2025 adjusted operating income, with net sales of $3,124.2 million and diluted earnings per share of $10.52 ($10.76 adjusted). Cash from operating activities was $605.0 million and adjusted free cash flow was $362.3 million. The company repurchased $179.1 million of stock under its $400.0 million program, leaving $119.0 million authorized, and ended the year with total liquidity of $892.4 million. Carpenter guided fiscal 2027 operating income to $850–$880 million and set a fiscal 2029 operating income target of $1.2–$1.3 billion.
Carpenter Technology Corporation reported record fiscal 2026 results, with adjusted operating income of $702.0 million, more than five times fiscal 2023, and consolidated net sales of $3,124.0 million. In the fourth quarter, operating income reached $207.0 million and adjusted operating margin ex. surcharge revenue was 30.4%.
The company generated $605.0 million of cash from operating activities and $362.3 million in adjusted free cash flow for fiscal 2026, including $155.0 million in the fourth quarter. Liquidity totaled $892.4 million, with $393.3 million of cash and $499.1 million of available borrowings, while Net Debt/EBITDA was 0.3x.
Carpenter repurchased $179.1 million of stock in fiscal 2026, $281.0 million cumulatively under its $400.0 million authorization, and paid $40.3 million in dividends. Management guides fiscal 2027 operating income to $850–$880 million and adjusted free cash flow to $400–$430 million, and targets $1.2–$1.3 billion of operating income in fiscal 2029.
Carpenter Technology Corporation reported that its President, Chief Executive Officer and director, Brian J. Malloy, passed away suddenly and unexpectedly on July 24, 2026. The Board of Directors expressed condolences and recognized his significant contributions and leadership over the past decade.
On July 26, 2026, the Board appointed Tony R. Thene, then Executive Chairman, to return as Chief Executive Officer, and also as Chairman of the Board and President, effective immediately. Thene previously served as CEO from 2015 through June 2026. The company states he has no family relationships with any director or executive officer and no related-party transactions requiring Item 404(a) disclosure. Carpenter Technology is described as a leader in high-performance specialty alloy materials for aerospace, defense, medical, transportation, energy, and industrial and consumer markets.
Carpenter Technology executive chairman Tony R. Thene had performance-based restricted stock units vest on July 14, 2026, from a grant effective August 15, 2023 with a performance period ending June 30, 2026. He acquired 68,860 common shares, with 29,913 shares withheld at $576.8700 per share to satisfy tax obligations rather than through an open-market sale. After these transactions he holds 82,379 shares directly and 497,087 shares indirectly through the Thene Revocable Living Trust.
Carpenter Technology vice president and chief accounting officer Elizabeth A. Socci received 2,584 shares of common stock on July 14, 2026 from a performance-based restricted stock unit award effective August 15, 2023, after board committees certified results for the performance period ending June 30, 2026.
In connection with this vesting, 1,128 shares were withheld to satisfy tax obligations at $576.87 per share, and Socci now holds 10,600 shares of Carpenter Technology common stock directly.
Carpenter Technology President and CEO Brian J. Malloy reported compensation-related equity activity. On July 14, 2026 he received a 17,216-share performance-based restricted stock unit award linked to a performance period ending June 30, 2026. In connection with vesting, 7,905 shares of common stock were withheld at $576.87 per share to satisfy tax obligations, a non–open-market disposition. Following these transactions, he directly holds 88,193.3 shares of Carpenter Technology common stock, which includes shares acquired under the company’s Dividend Reinvestment Program.
Carpenter Technology SVP and CFO Timothy Lain reported the vesting of a performance-based restricted stock unit award on July 14, 2026, after Board committees confirmed financial results for a performance period ending June 30, 2026. He received 18,076 common shares, with 8,300 shares disposed of in a tax-withholding transaction.
Following these transactions, Lain holds 116,073.73 Carpenter Technology common shares directly and 3,138.321 shares indirectly through the company’s Retirement Plan.
Carpenter Technology Corp reported that VP and Chief Commercial Officer Marshall D. Akins had a performance-based restricted stock unit award, originally granted August 15, 2023, vest following a performance period ending June 30, 2026. On July 14, 2026, committees of the board approved financial results and certified target achievement, triggering delivery of 12912.0000 shares of common stock. In connection with this vesting, 5929.0000 shares were withheld to satisfy tax obligations, and Akins now directly holds 31255.7700 shares of Carpenter Technology common stock.
CARPENTER TECHNOLOGY CORP senior vice president, general counsel and secretary James D. Dee reported vesting of a performance-based restricted stock unit award originally granted on August 15, 2023, after performance for the period through June 30, 2026 was certified on July 14, 2026. On that date, he received a grant of 12,052 common shares and had 5,534 shares withheld to satisfy tax obligations, resulting in direct ownership of 85,798.65 common shares.
Carpenter Technology Corporation director Julie A. Beck received a grant of additional equity compensation. She was awarded 33.44 Director Stock Units that convert to common stock on a 1-for-1 basis, increasing her holdings to 1,042.44 units. The units, granted under the Stock-Based Compensation Plan for Non-Employee Directors, are payable upon the later of separation of service or a specified date or event and include previously unreported dividend equivalents.