Carpenter Technology Corporation (CRS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 193.5M | 132.2M | 39.2M | 258.1M | 74.2M | 67.9M | 40.2M | 169.5M | 83.5M | 14.5M | 7.4M | 174.9M | 4.3M | -86.5M | -78M | 107M | 35.3M | -89.3M | -47M | 74.6M |
| Operating CF Margin % | 23.84% | 18.16% | 5.34% | 34.16% | 10.21% | 10.03% | 5.6% | 21.22% | 12.19% | 2.32% | 1.14% | 23.07% | 0.62% | -14.94% | -14.92% | 18.98% | 7.22% | -22.55% | -12.13% | 17.69% |
| Operating CF Growth % | 160.78% | 94.7% | -2.49% | 52.27% | -11.14% | 368.28% | 443.24% | -3.09% | 1841.86% | 116.76% | 109.49% | 63.46% | -87.82% | 3.14% | -65.96% | 43.43% | 828.95% | -206.82% | -153.41% | -45.51% |
| Net Income | 139.6M | 105.3M | 122.5M | 111.7M | 95.4M | 84.1M | 84.8M | 93.6M | 6.3M | 42.7M | 43.9M | 38.4M | 18.6M | 6.3M | -6.9M | 2.6M | -7.6M | -29.3M | -14.8M | -57.1M |
| Depreciation & Amortization | 36.7M | 36.1M | 36M | 35.6M | 35.5M | 34.3M | 33.8M | 33.8M | 34.1M | 33.6M | 33.1M | 33.5M | 32.7M | 32.5M | 32.3M | 32.9M | 33.2M | 32.8M | 32.5M | 32M |
| Stock-Based Compensation | 7M | 6M | 5.6M | 6.6M | 6.4M | 5.1M | 4.7M | 6.1M | 5.2M | 4.1M | 4.4M | 6M | 3.3M | 3.5M | 3.6M | 2.2M | 3M | 2.8M | 2.8M | 2.6M |
| Deferred Taxes | 4.1M | 2.9M | 5.8M | -5.1M | -3.9M | -4.9M | -3.5M | -2M | -10.3M | -3.4M | 2.4M | -400K | 900K | 1.3M | -2.2M | 15.9M | -1.4M | -9.6M | -8M | -14.3M |
| Other Non-Cash Items | 3.8M | 19.3M | 3.9M | 7.3M | 6.6M | 6.5M | 8.9M | 23.1M | 74.4M | 6.8M | 6.2M | 6.8M | 5.1M | 5.2M | 5.3M | 5.5M | -6.1M | -1.6M | -1.8M | 60.9M |
| Working Capital Changes | 2.3M | -37.4M | -134.6M | 102M | -65.8M | -57.2M | -88.5M | 14.9M | -26.2M | -69.3M | -82.6M | 90.6M | -56.3M | -135.3M | -110.1M | 47.9M | 14.2M | -84.4M | -57.7M | 50.5M |
| Change in Receivables | -80.9M | 10.2M | -36.2M | 37.6M | -33.3M | -2.7M | -3.4M | -41.9M | -14.6M | 5.5M | 18.4M | -13.9M | -72.1M | -46.4M | -12.1M | -49.1M | -29.9M | 3.8M | -3.8M | -28.7M |
| Change in Inventory | -17.2M | -43.5M | 15.6M | 32.9M | -12.6M | -63.9M | -16.8M | 58.9M | 1.9M | -89.7M | -67.8M | 73.2M | 13.2M | -105.5M | -121.2M | 29.5M | 8.4M | -43.3M | -66.5M | 56.6M |
| Change in Payables | 47.1M | 13.5M | -27M | 9.2M | -14.2M | -5.5M | 9.1M | -10M | -38.8M | -2.5M | 40.3M | -12.8M | -20.1M | 15.4M | 46.7M | 32.6M | 36.2M | -42.4M | 69.3M | 4.2M |
| Cash from Investing | -68.7M | -46.3M | -42.6M | -56.7M | -40M | -29.3M | -26.9M | -27.1M | -21.5M | -25.3M | -22M | -30.8M | -20.5M | -17.5M | -13.5M | -32.4M | -25.1M | -17.2M | -14.4M | -22M |
| Capital Expenditures | -68.7M | -46.3M | -42.6M | -58M | -40.1M | -29.3M | -26.9M | -27.7M | -21.6M | -25.3M | -22M | -30.8M | -20.5M | -17.5M | -13.5M | -32.8M | -25.1M | -19M | -14.4M | -22M |
| CapEx % of Revenue | 8.47% | 6.36% | 5.81% | 7.68% | 5.52% | 4.33% | 3.75% | 3.47% | 3.15% | 4.05% | 3.37% | 4.06% | 2.97% | 3.02% | 2.58% | 5.82% | 5.13% | 4.8% | 3.72% | 5.22% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 1.3M | 100K | 0 | 0 | 600K | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 400K | 0 | 1.8M | 0 | 0 |
| Cash from Financing | -62.8M | -62.5M | -104.2M | -34.7M | -43.8M | -27.6M | -61M | 5M | -23.8M | 8.4M | -12.9M | -117.2M | 19M | 71.1M | -13M | -315.7M | 285.7M | -10M | -12.8M | -9.5M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.9M | 13.9M | 0 | -108.6M | 27.4M | 0 | 0 | -299.7M | 296.6M | 0 | 0 | 0 |
| Equity Issued (Net) | -52M | -32.1M | -48.6M | -24.1M | -37.5M | -8.2M | -32.1M | 21.1M | 400K | 5.6M | 13.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -10.1M | -10M | -10.1M | -10.1M | -10M | -10.1M | -10.1M | -10.1M | -10.1M | -9.9M | -9.9M | -9.9M | -9.8M | -9.9M | -9.8M | -9.8M | -9.7M | -9.9M | -9.8M | -9.8M |
| Share Repurchases | -52.7M | -32.1M | -49.1M | -24.1M | -37.5M | -8.2M | -32.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -700K | -20.4M | -45.5M | -500K | 3.7M | -9.3M | -18.8M | -6M | -200K | -1.2M | -16.8M | 1.3M | 1.4M | 81M | -3.2M | -5.9M | -1.2M | -100K | -3M | 300K |
| Net Change in Cash | 62.9M | 23.9M | -107.5M | 164M | -10.6M | 11.9M | -48.9M | 145.6M | 37.8M | -2.4M | -26.4M | 22.2M | 2.3M | -32.6M | -101.6M | -239.7M | 297M | -116.3M | -74.2M | 43.2M |
| Free Cash Flow | 124.8M | 85.9M | -3.4M | 200.1M | 34.1M | 38.6M | 13.3M | 141.8M | 61.9M | -10.8M | -14.6M | 144.1M | -16.2M | -104M | -91.5M | 74.2M | 10.2M | -108.3M | -61.4M | 52.6M |
| FCF Margin % | 15.38% | 11.8% | -0.46% | 26.48% | 4.69% | 5.7% | 1.85% | 17.76% | 9.04% | -1.73% | -2.24% | 19.01% | -2.35% | -17.96% | -17.5% | 13.16% | 2.09% | -27.35% | -15.84% | 12.48% |
| FCF Growth % | 265.98% | 122.54% | -125.56% | 41.11% | -44.91% | 457.41% | 191.1% | -1.6% | 482.1% | 89.62% | 84.04% | 94.2% | -258.82% | 3.97% | -49.02% | 41.06% | 168.92% | -290% | -212.25% | -51.96% |
| FCF per Share | 2.48 | 1.71 | -0.07 | 3.95 | 0.67 | 0.76 | 0.26 | 2.80 | 1.23 | -0.22 | -0.29 | 2.92 | -0.33 | -2.12 | -1.88 | 1.52 | 0.21 | -2.23 | -1.27 | 1.09 |
| FCF Conversion (FCF/Net Income) | 1.39x | 1.26x | 0.32x | 2.31x | 0.78x | 0.81x | 0.47x | 1.81x | 13.25x | 0.34x | 0.17x | 4.55x | 0.23x | -13.95x | 11.30x | 41.15x | -4.71x | 3.04x | 3.18x | -1.31x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |