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Carpenter Technology Corporation (CRS) 10-Year Financial Performance & Capital Metrics

CRS • • Industrial / General
IndustrialsMetal FabricationSpecialty Metals & Alloys ManufacturingHigh-Performance Alloys & Aerospace Metals
AboutCarpenter Technology Corporation engages in the manufacture, fabrication, and distribution of 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 additives, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.Show more
  • Revenue $2.88B +4.3%
  • EBITDA $661M +44.4%
  • Net Income $376M +101.6%
  • EPS (Diluted) 7.42 +100.5%
  • Gross Margin 26.71% +26.2%
  • EBITDA Margin 22.97% +38.5%
  • Operating Margin 18.14% +54.9%
  • Net Margin 13.07% +93.4%
  • ROE 21.39% +73.5%
  • ROIC 17.47% +53.8%
  • Debt/Equity 0.39 -14.0%
  • Interest Coverage 8.17 +65.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 201.9%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Thin 5Y average net margin of 0.8%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.6%
5Y5.7%
3Y16.15%
TTM2.4%

Profit (Net Income) CAGR

10Y20.41%
5Y201.87%
3Y-
TTM81.93%

EPS CAGR

10Y20.92%
5Y218.05%
3Y-
TTM82.18%

ROCE

10Y Avg4.9%
5Y Avg4.98%
3Y Avg11.67%
Latest17.91%

Peer Comparison

High-Performance Alloys & Aerospace Metals
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Size & Scale
Valuation
Per Share
Growth
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Quality & Returns
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TTM Growth
Famous Investor Metrics
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ATIATI Inc.17.04B125.3949.174.51%9.71%24.36%0.99%0.97
CRSCarpenter Technology Corporation16.94B340.1145.844.25%14.3%21.65%1.69%0.39

Profit & Loss

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+1.81B1.8B2.16B2.38B2.18B1.48B1.84B2.55B2.76B2.88B
Revenue Growth %-0.19%-0.01%0.2%0.1%-0.08%-0.32%0.24%0.39%0.08%0.04%
Cost of Goods Sold+1.56B1.5B1.78B1.94B1.85B1.47B1.69B2.21B2.18B2.11B
COGS % of Revenue0.86%0.83%0.82%0.81%0.85%1%0.92%0.87%0.79%0.73%
Gross Profit+255.9M300.8M382.3M444.8M329.4M1M149.8M337.3M584.3M768.6M
Gross Margin %0.14%0.17%0.18%0.19%0.15%0%0.08%0.13%0.21%0.27%
Gross Profit Growth %-0.2%0.18%0.27%0.16%-0.26%-1%148.8%1.25%0.73%0.32%
Operating Expenses+204.3M179.3M193M203.4M304.1M249.6M174.7M204.2M261.2M246.8M
OpEx % of Revenue0.11%0.1%0.09%0.09%0.14%0.17%0.1%0.08%0.09%0.09%
Selling, General & Admin173.8M176.1M193M203.4M201M180.2M174.7M204.2M230.2M243.2M
SG&A % of Revenue0.1%0.1%0.09%0.09%0.09%0.12%0.1%0.08%0.08%0.08%
Research & Development0000019.7M024.4M25.6M26.1M
R&D % of Revenue-----0.01%-0.01%0.01%0.01%
Other Operating Expenses30.5M3.2M00103.1M49.7M0-24.4M5.4M-22.5M
Operating Income+51.6M121.5M189.3M241.4M25.3M-248.6M-24.9M133.1M323.1M521.8M
Operating Margin %0.03%0.07%0.09%0.1%0.01%-0.17%-0.01%0.05%0.12%0.18%
Operating Income Growth %-0.54%1.35%0.56%0.28%-0.9%-10.83%0.9%6.35%1.43%0.61%
EBITDA+170.9M239.3M305.9M362.9M149.2M-125M106.5M264.1M457.7M661M
EBITDA Margin %0.09%0.13%0.14%0.15%0.07%-0.08%0.06%0.1%0.17%0.23%
EBITDA Growth %-0.27%0.4%0.28%0.19%-0.59%-1.84%1.85%1.48%0.73%0.44%
D&A (Non-Cash Add-back)119.3M117.8M116.6M121.5M123.9M123.6M131.4M131M134.6M139.2M
EBIT49.5M100M188.5M242.1M25.9M-264.3M-18.2M136.6M277M531.2M
Net Interest Income+-27.8M-29.8M-28M-26M-19.7M-33.6M-26.5M-63.5M-63.6M-56.4M
Interest Income200K0300K100K100K018.4M600K1.8M7.5M
Interest Expense28M29.8M28.3M26.1M19.8M33.6M44.9M64.1M65.4M63.9M
Other Income/Expense-30.1M-51.3M-29.1M-25.4M-19.2M-49.3M-38.2M-60.6M-111.5M-54.5M
Pretax Income+21.5M70.2M160.2M216M6.1M-297.9M-63.1M72.5M211.6M467.3M
Pretax Margin %0.01%0.04%0.07%0.09%0%-0.2%-0.03%0.03%0.08%0.16%
Income Tax+10.2M23.2M-28.3M49M4.6M-68.3M-14M16.1M25.1M91.3M
Effective Tax Rate %0.53%0.67%1.18%0.77%0.25%0.77%0.78%0.78%0.88%0.8%
Net Income+11.3M47M188.5M167M1.5M-229.6M-49.1M56.4M186.5M376M
Net Margin %0.01%0.03%0.09%0.07%0%-0.16%-0.03%0.02%0.07%0.13%
Net Income Growth %-0.81%3.16%3.01%-0.11%-0.99%-154.07%0.79%2.15%2.31%1.02%
Net Income (Continuing)11.3M47M188.5M167M1.5M-229.6M-49.1M56.4M186.5M376M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+0.230.993.963.470.02-4.75-1.011.143.707.42
EPS Growth %-0.79%3.3%3%-0.12%-0.99%-209.33%0.79%2.13%2.25%1.01%
EPS (Basic)0.230.993.993.500.02-4.75-1.011.153.757.49
Diluted Shares Outstanding48.2M47.1M47.6M48.1M48.2M48.3M48.5M49.2M50.3M50.7M
Basic Shares Outstanding48.1M47M47.2M47.7M48.1M48.3M48.5M48.8M49.7M50.2M
Dividend Payout Ratio3.08%0.73%0.18%0.23%25.87%--0.7%0.21%0.11%

Balance Sheet

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+1.01B1.09B1.18B1.24B1.27B1.12B1.12B1.28B1.59B1.76B
Cash & Short-Term Investments82M66.3M56.2M27M193.1M287.4M154.2M44.5M199.1M315.5M
Cash Only82M66.3M56.2M27M193.1M287.4M154.2M44.5M199.1M315.5M
Short-Term Investments0000000000
Accounts Receivable253.6M290.4M378.5M384.1M292.3M308.7M382.3M531.3M562.6M575.5M
Days Sales Outstanding51.0458.9764.0358.948.9276.3675.9976.0474.4173.01
Inventory628.7M690.4M689.2M787.7M724.3M425.7M496.1M639.7M735.4M793.8M
Days Inventory Outstanding147.34168.36141.69148.55142.77105.37107.37105.51123.39137.41
Other Current Assets46.4M46.5M54.9M37.4M56.6M95.6M86.8M66.4M94.1M79.9M
Total Non-Current Assets+1.78B1.78B1.83B1.95B1.96B1.85B1.81B1.77B1.7B1.72B
Property, Plant & Equipment1.35B1.32B1.31B1.37B1.55B1.46B1.42B1.38B1.34B1.36B
Fixed Asset Turnover1.34x1.37x1.64x1.74x1.41x1.01x1.29x1.84x2.07x2.12x
Goodwill244.8M263.4M268.7M326.4M290.4M241.4M241.4M241.4M227.3M227.3M
Intangible Assets63.2M64.9M63.3M67.2M52.1M43.1M35.2M28.7M15.2M9.5M
Long-Term Investments0000015.9M5.1M00200K
Other Non-Current Assets116M131.8M178.5M187.6M63.4M90.6M104.7M111.5M115.3M117.9M
Total Assets+2.79B2.88B3.01B3.19B3.23B2.97B2.93B3.05B3.29B3.49B
Asset Turnover0.65x0.62x0.72x0.75x0.68x0.50x0.63x0.84x0.84x0.83x
Asset Growth %-0.04%0.03%0.04%0.06%0.01%-0.08%-0.01%0.04%0.08%0.06%
Total Current Liabilities+298.8M396M363.3M416M452.1M306.3M375.6M459.4M466.3M483.7M
Accounts Payable159.6M201.1M214.7M238.7M124.2M142.4M242.1M278.1M263.9M267.4M
Days Payables Outstanding37.449.0444.1445.0224.4835.2552.445.8744.2846.29
Short-Term Debt055M019.7M170M00000
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities97.3M91M102M106M95.7M103.5M71M118.2M143.9M38.6M
Current Ratio3.38x2.76x3.24x2.97x2.80x3.65x2.98x2.79x3.41x3.65x
Quick Ratio1.28x1.02x1.35x1.08x1.20x2.26x1.66x1.40x1.84x2.01x
Cash Conversion Cycle160.98178.28161.58162.44167.2146.48130.96135.68153.52164.13
Total Non-Current Liabilities+1.39B1.28B1.16B1.25B1.33B1.27B1.23B1.2B1.2B1.12B
Long-Term Debt611.3M550M545.7M550.6M551.8M694.5M691.8M693M694.2M695.4M
Capital Lease Obligations000050.3M35.5M42.7M43.6M38.4M34.9M
Deferred Tax Liabilities102.4M184.8M161.6M142.7M130.2M156.9M162.4M170.3M174.1M162.8M
Other Non-Current Liabilities676.9M548.7M450.5M558.4M597.1M385.7M329.3M291.5M289.9M223M
Total Liabilities1.69B1.68B1.52B1.67B1.78B1.58B1.6B1.66B1.66B1.6B
Total Debt+611.3M605M545.7M570.3M783.6M739M744.4M745.7M741.4M738.3M
Net Debt529.3M538.7M489.5M543.3M590.5M451.6M590.2M701.2M542.3M422.8M
Debt / Equity0.55x0.50x0.37x0.38x0.54x0.53x0.56x0.53x0.46x0.39x
Debt / EBITDA3.58x2.53x1.78x1.57x5.25x-6.99x2.82x1.62x1.12x
Net Debt / EBITDA3.10x2.25x1.60x1.50x3.96x-5.54x2.66x1.18x0.64x
Interest Coverage1.84x4.08x6.69x9.25x1.28x-7.40x-0.55x2.08x4.94x8.17x
Total Equity+1.1B1.2B1.49B1.52B1.45B1.39B1.33B1.4B1.63B1.89B
Equity Growth %-0.17%0.08%0.24%0.02%-0.05%-0.04%-0.04%0.05%0.17%0.16%
Book Value per Share22.9225.4531.2231.6029.9928.8327.4328.3832.3837.22
Total Shareholders' Equity1.1B1.2B1.49B1.52B1.45B1.39B1.33B1.4B1.63B1.89B
Common Stock276.3M276.7M278.6M279M280.1M280.1M280.1M280.7M284.9M286.2M
Retained Earnings1.31B1.32B1.48B1.61B1.57B1.3B1.21B1.23B1.37B1.71B
Treasury Stock-343.9M-341.6M-338.8M-332.8M-325.8M-317.4M-307.4M-298M-289.3M-395.8M
Accumulated OCI-409.9M-343.1M-239.8M-351.8M-398M-192.3M-173.5M-143M-93.9M-67.9M
Minority Interest0000000000

Cash Flow

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+256.9M129.3M209.2M232.4M231.8M250M6M14.7M274.9M440.4M
Operating CF Margin %0.14%0.07%0.1%0.1%0.11%0.17%0%0.01%0.1%0.15%
Operating CF Growth %-0.09%-0.5%0.62%0.11%-0%0.08%-0.98%1.45%17.7%0.6%
Net Income11.3M47M188.5M167M1.5M-229.6M-49.1M56.4M186.5M376M
Depreciation & Amortization119.3M117.8M116.6M121.5M123.9M123.6M131.4M131M134.6M139.2M
Stock-Based Compensation8.7M13M17.6M17.6M10.9M10.4M10.8M16.4M19.8M22.8M
Deferred Taxes800K41.6M-61.1M16.5M-400K-33.6M-3.1M-400K-13.3M-17.4M
Other Non-Cash Items106.4M54.1M16.7M1.4M137.6M158.5M-4M22.4M110.5M29.3M
Working Capital Changes10.9M-143.2M-69.1M-91.6M-41.7M220.7M-80M-211.1M-163.2M-109.5M
Change in Receivables48.2M-34.6M-86.8M-5.3M90.3M-14.9M-79M-144.5M-32.6M-1.8M
Change in Inventory1.6M-74.6M400K-94M29.5M238.5M-71.9M-140.3M-96.7M-60.4M
Change in Payables-7.6M42.5M10.7M20.1M-109.9M22.4M95.7M29.2M-11M-1.4M
Cash from Investing+-82.6M-112.1M-139.4M-244.6M-171.2M-78.9M-89.1M-82.3M-95.9M-152.9M
Capital Expenditures-95.2M-98.5M-135M-180.3M-171.4M-100.5M-91.3M-82.3M-96.6M-154.3M
CapEx % of Revenue0.05%0.05%0.06%0.08%0.08%0.07%0.05%0.03%0.04%0.05%
Acquisitions----------
Investments----------
Other Investing4M2.5M1.9M11.8M200K1.6M2.2M0700K1.4M
Cash from Financing+-163.1M-32.8M-78.9M-19.4M107.8M-76.1M-52.8M-40.1M-23.3M-167.1M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-34.8M-34.1M-34.4M-38.6M-38.8M-39.1M-39.2M-39.4M-40M-40.3M
Share Repurchases----------
Other Financing0300K10.5M-500K-3.7M-10.7M-6.8M-1.9M-24.2M-24.9M
Net Change in Cash----------
Free Cash Flow+161.7M30.8M74.2M52.1M60.4M149.5M-85.3M-67.6M178.3M286.1M
FCF Margin %0.09%0.02%0.03%0.02%0.03%0.1%-0.05%-0.03%0.06%0.1%
FCF Growth %0.44%-0.81%1.41%-0.3%0.16%1.48%-1.57%0.21%3.64%0.6%
FCF per Share3.350.651.561.081.253.10-1.76-1.373.545.64
FCF Conversion (FCF/Net Income)22.73x2.75x1.11x1.39x154.53x-1.09x-0.12x0.26x1.47x1.17x
Interest Paid00000040.5M000
Taxes Paid00000009.9M62.8M93.6M

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)0.93%4.08%14.04%11.11%0.1%-16.18%-3.61%4.14%12.33%21.39%
Return on Invested Capital (ROIC)2.22%5.41%7.65%8.97%0.93%-9.61%-0.99%4.97%11.35%17.47%
Gross Margin14.11%16.73%17.72%18.69%15.1%0.07%8.16%13.23%21.17%26.71%
Net Margin0.62%2.61%8.74%7.02%0.07%-15.56%-2.67%2.21%6.76%13.07%
Debt / Equity0.55x0.50x0.37x0.38x0.54x0.53x0.56x0.53x0.46x0.39x
Interest Coverage1.84x4.08x6.69x9.25x1.28x-7.40x-0.55x2.08x4.94x8.17x
FCF Conversion22.73x2.75x1.11x1.39x154.53x-1.09x-0.12x0.26x1.47x1.17x
Revenue Growth-18.56%-0.87%20.03%10.31%-8.36%-32.35%24.44%38.88%8.21%4.25%

Revenue by Segment

2016201720182019202020212022202320242025
Aerospace And Defense Markets---1.33B1.31B710.9M790.2M-1.54B1.77B
Aerospace And Defense Markets Growth-----1.07%-45.89%11.15%--14.93%
Industrial And Consumer Markets---371.5M296M292.1M417.2M-415.3M359.5M
Industrial And Consumer Markets Growth-----20.32%-1.32%42.83%---13.44%
Medical Market---205M197M143.5M212.3M-375.6M351.2M
Medical Market Growth-----3.90%-27.16%47.94%---6.50%
Energy Market---181.7M135.4M87.8M113M-185.8M200.3M
Energy Market Growth-----25.48%-35.16%28.70%--7.80%
Transportation Market---157.7M132.1M144.5M178.3M-149.1M113.3M
Transportation Market Growth-----16.23%9.39%23.39%---24.01%
Distribution Market---136.4M106.9M96.8M125.3M-95.1M84.2M
Distribution Market Growth-----21.63%-9.45%29.44%---11.46%
Specialty Alloys Operations1.48B1.46B1.8B----2.21B--
Specialty Alloys Operations Growth--1.31%23.41%-------
Performance Engineered Products358.7M366.6M429.7M----433.7M--
Performance Engineered Products Growth-2.20%17.21%-------
Intersegment--------97M--
Intersegment Growth----------

Revenue by Geography

2016201720182019202020212022202320242025
UNITED STATES1.24B1.2B1.43B1.61B1.39B926.6M1.18B-1.62B1.7B
UNITED STATES Growth--3.63%19.29%12.40%-13.28%-33.50%27.34%--4.74%
Europe321.4M349.6M383M387.2M387.4M242.7M253.5M-503.8M596.2M
Europe Growth-8.77%9.55%1.10%0.05%-37.35%4.45%--18.34%
Asia Pacific129.5M127.2M174.8M196.3M237.5M194.4M233.9M-391.3M344.4M
Asia Pacific Growth--1.78%37.42%12.30%20.99%-18.15%20.32%---11.99%
MEXICO46.7M48.5M61.7M81.6M67M48.8M89.4M-120.1M121.5M
MEXICO Growth-3.85%27.22%32.25%-17.89%-27.16%83.20%--1.17%
CANADA44.9M47.7M65.7M67.8M54.2M32.9M41.5M-70.1M61.2M
CANADA Growth-6.24%37.74%3.20%-20.06%-39.30%26.14%---12.70%
Other Country27.4M26.3M43.1M40.6M41.6M30.2M38.1M-51.4M53.9M
Other Country Growth--4.01%63.88%-5.80%2.46%-27.40%26.16%--4.86%

Frequently Asked Questions

Valuation & Price

Carpenter Technology Corporation (CRS) has a price-to-earnings (P/E) ratio of 45.8x. This suggests investors expect higher future growth.

Growth & Financials

Carpenter Technology Corporation (CRS) reported $2.89B in revenue for fiscal year 2025. This represents a 43% increase from $2.03B in 2012.

Carpenter Technology Corporation (CRS) grew revenue by 4.3% over the past year. Growth has been modest.

Yes, Carpenter Technology Corporation (CRS) is profitable, generating $413.7M in net income for fiscal year 2025 (13.1% net margin).

Dividend & Returns

Yes, Carpenter Technology Corporation (CRS) pays a dividend with a yield of 0.23%. This makes it attractive for income-focused investors.

Carpenter Technology Corporation (CRS) has a return on equity (ROE) of 21.4%. This is excellent, indicating efficient use of shareholder capital.

Carpenter Technology Corporation (CRS) generated $269.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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