Carpenter Technology Corporation (CRS) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Manufacturing - Metal Fabrication
EV/EBITDA
↑
44.72
↑+169% vs avg
5yr avg: 16.61
30Y Low5.1·High21.8
P/FCF
↑
101.85
↑+229% vs avg
5yr avg: 30.96
30Y Low4.2·High57.2
P/B Ratio
↑
15.76
↑+418% vs avg
5yr avg: 3.04
30Y Low0.7·High7.4
ROE
↑
21.4%
↓+492% vs avg
5yr avg: 3.6%
30Y Low-20%·High29%
Debt/EBITDA
↓
1.12
↓-64% vs avg
5yr avg: 3.14
30Y Low0.9·High8.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CRS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Carpenter Technology Corporation trades at 79.0x earnings, 104% above its 5-year average of 38.7x, sitting at the 96th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 209%. On a free-cash-flow basis, the stock trades at 101.8x P/FCF, 229% above the 5-year average of 31.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $29.1B | $14.0B | $5.5B | $2.8B | $1.4B | $1.9B | $1.2B | $2.3B | $2.5B | $1.8B | $1.6B |
| Enterprise Value | $29.6B | $14.4B | $6.1B | $3.5B | $1.9B | $2.4B | $1.8B | $2.9B | $3.0B | $2.3B | $2.1B |
| P/E Ratio → | 79.04 | 37.25 | 29.62 | 49.24 | — | — | 1064.91 | 13.83 | 13.28 | 37.81 | 143.17 |
| P/S Ratio | 10.13 | 4.87 | 2.00 | 1.08 | 0.74 | 1.32 | 0.54 | 0.97 | 1.16 | 0.98 | 0.88 |
| P/B Ratio | 15.76 | 7.43 | 3.38 | 1.98 | 1.02 | 1.40 | 0.81 | 1.52 | 1.68 | 1.47 | 1.44 |
| P/FCF | 101.85 | 48.98 | 30.91 | — | — | 12.99 | 19.38 | 44.30 | 33.72 | 57.24 | 9.82 |
| P/OCF | 66.17 | 31.82 | 20.05 | 187.86 | 225.61 | 7.77 | 5.05 | 9.93 | 11.96 | 13.63 | 6.18 |
P/E links to full P/E history page with 30-year chart
CRS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Carpenter Technology Corporation's enterprise value stands at 44.7x EBITDA, 169% above its 5-year average of 16.6x. The Industrials sector median is 13.8x, placing the stock at a 223% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.02 | 2.19 | 1.36 | 1.06 | 1.62 | 0.81 | 1.20 | 1.39 | 1.28 | 1.17 |
| EV / EBITDA | 44.72 | 21.84 | 13.23 | 13.11 | 18.25 | — | 11.80 | 7.86 | 9.78 | 9.62 | 12.38 |
| EV / EBIT | 56.65 | 27.17 | 21.86 | 25.35 | — | — | 67.98 | 11.78 | 15.87 | 23.02 | 42.76 |
| EV / FCF | — | 50.46 | 33.95 | — | — | 16.01 | 29.15 | 54.72 | 40.32 | 74.73 | 13.09 |
CRS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Carpenter Technology Corporation earns an operating margin of 18.1%, above the Industrials sector average of 4.3%. Operating margins have expanded from 5.2% to 18.1% over the past 3 years, signaling improving operational efficiency. ROE of 21.4% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 17.5% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.7% | 26.7% | 21.2% | 13.2% | 8.2% | 0.1% | 15.1% | 18.7% | 17.7% | 16.7% | 14.1% |
| Operating Margin | 18.1% | 18.1% | 11.7% | 5.2% | -1.4% | -16.8% | 1.2% | 10.1% | 8.8% | 6.8% | 2.8% |
| Net Profit Margin | 13.1% | 13.1% | 6.8% | 2.2% | -2.7% | -15.6% | 0.1% | 7.0% | 8.7% | 2.6% | 0.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.4% | 21.4% | 12.3% | 4.1% | -3.6% | -16.2% | 0.1% | 11.1% | 14.0% | 4.1% | 0.9% |
| ROA | 11.1% | 11.1% | 5.9% | 1.9% | -1.7% | -7.4% | 0.0% | 5.4% | 6.4% | 1.7% | 0.4% |
| ROIC | 17.5% | 17.5% | 11.4% | 5.0% | -1.0% | -9.6% | 0.9% | 9.0% | 7.6% | 5.4% | 2.2% |
| ROCE | 17.9% | 17.9% | 11.9% | 5.2% | -1.0% | -9.1% | 0.9% | 8.9% | 7.4% | 4.9% | 2.0% |
CRS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Carpenter Technology Corporation carries a Debt/EBITDA ratio of 1.1x, which is manageable (65% below the sector average of 3.2x). Net debt stands at $423M ($738M total debt minus $316M cash). Interest coverage of 8.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.39 | 0.39 | 0.46 | 0.53 | 0.56 | 0.53 | 0.54 | 0.38 | 0.37 | 0.50 | 0.55 |
| Debt / EBITDA | 1.12 | 1.12 | 1.62 | 2.82 | 6.99 | — | 5.25 | 1.57 | 1.78 | 2.53 | 3.58 |
| Net Debt / Equity | — | 0.22 | 0.33 | 0.50 | 0.44 | 0.32 | 0.41 | 0.36 | 0.33 | 0.45 | 0.48 |
| Net Debt / EBITDA | 0.64 | 0.64 | 1.18 | 2.66 | 5.54 | — | 3.96 | 1.50 | 1.60 | 2.25 | 3.10 |
| Debt / FCF | — | 1.48 | 3.04 | — | — | 3.02 | 9.78 | 10.43 | 6.60 | 17.49 | 3.27 |
| Interest Coverage | 8.31 | 8.31 | 4.24 | 2.13 | -0.41 | -7.87 | 1.31 | 9.28 | 6.66 | 3.36 | 1.77 |
CRS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Carpenter Technology Corporation's current ratio of 3.65x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.01x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.79x to 3.65x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.65 | 3.65 | 3.41 | 2.79 | 2.98 | 3.65 | 2.80 | 2.97 | 3.24 | 2.76 | 3.38 |
| Quick Ratio | 2.01 | 2.01 | 1.84 | 1.40 | 1.66 | 2.26 | 1.20 | 1.08 | 1.35 | 1.02 | 1.28 |
| Cash Ratio | 0.65 | 0.65 | 0.43 | 0.10 | 0.41 | 0.94 | 0.43 | 0.06 | 0.15 | 0.17 | 0.27 |
| Asset Turnover | — | 0.83 | 0.84 | 0.84 | 0.63 | 0.50 | 0.68 | 0.75 | 0.72 | 0.62 | 0.65 |
| Inventory Turnover | 2.66 | 2.66 | 2.96 | 3.46 | 3.40 | 3.46 | 2.56 | 2.46 | 2.58 | 2.17 | 2.48 |
| Days Sales Outstanding | — | 73.01 | 74.41 | 76.04 | 75.99 | 76.36 | 48.92 | 58.90 | 64.03 | 58.97 | 51.04 |
CRS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Carpenter Technology Corporation returns 0.5% to shareholders annually — split between a 0.1% dividend yield and 0.3% buyback yield. The payout ratio of 10.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 1.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.3% | 0.7% | 1.4% | 2.9% | 2.0% | 3.3% | 1.7% | 1.4% | 1.9% | 2.2% |
| Payout Ratio | 10.7% | 10.7% | 21.4% | 69.9% | — | — | 2586.7% | 23.1% | 18.2% | 72.6% | 308.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.3% | 2.7% | 3.4% | 2.0% | — | — | 0.1% | 7.2% | 7.5% | 2.6% | 0.7% |
| FCF Yield | 1.0% | 2.0% | 3.2% | — | — | 7.7% | 5.2% | 2.3% | 3.0% | 1.7% | 10.2% |
| Buyback Yield | 0.3% | 0.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 7.8% |
| Total Shareholder Yield | 0.5% | 1.0% | 0.7% | 1.4% | 2.9% | 2.0% | 3.3% | 1.7% | 1.4% | 1.9% | 10.0% |
| Shares Outstanding | — | $51M | $50M | $49M | $49M | $48M | $48M | $48M | $48M | $47M | $48M |
Peer Comparison
Compare CRS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CRSYou | $29B | 79.0 | 44.7 | 101.8 | 26.7% | 18.1% | 21.4% | 17.5% | 1.1 |
 ATI | $28B | 70.6 | 35.8 | 82.6 | 21.8% | 13.8% | 20.9% | 14.5% | 2.4 |
 HWM | $111B | 74.8 | 47.0 | 77.6 | 30.7% | 25.8% | 30.4% | 21.1% | 1.3 |
 NUE | $56B | 32.4 | 14.6 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
 STLD | $36B | 31.3 | 19.6 | 72.2 | 13.0% | 8.1% | 13.3% | 9.2% | 2.1 |
 CMC | $8B | 97.8 | 10.4 | 25.7 | 15.6% | 6.7% | 2.0% | 8.5% | 1.7 |
 RS | $20B | 28.4 | 16.9 | 40.3 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 |
 ZEUS | $533M | 24.3 | 10.6 | 127.1 | 23.2% | 2.5% | 4.1% | 4.3% | 4.0 |
 KALU | $3B | 27.0 | 13.0 | — | 9.5% | 5.7% | 15.1% | 7.8% | 3.6 |
 GE | $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 RTX | $250B | 37.4 | 21.9 | 31.5 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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CRS — Frequently Asked Questions
Quick answers to the most common questions about buying CRS stock.
What is Carpenter Technology Corporation's P/E ratio?
Carpenter Technology Corporation's current P/E ratio is 79.0x. The historical average is 26.8x. This places it at the 96th percentile of its historical range.
What is Carpenter Technology Corporation's EV/EBITDA?
Carpenter Technology Corporation's current EV/EBITDA is 44.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.7x.
What is Carpenter Technology Corporation's ROE?
Carpenter Technology Corporation's return on equity (ROE) is 21.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 8.6%.
Is CRS stock overvalued?
Based on historical data, Carpenter Technology Corporation is trading at a P/E of 79.0x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Carpenter Technology Corporation's dividend yield?
Carpenter Technology Corporation's current dividend yield is 0.14% with a payout ratio of 10.7%.
What are Carpenter Technology Corporation's profit margins?
Carpenter Technology Corporation has 26.7% gross margin and 18.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Carpenter Technology Corporation have?
Carpenter Technology Corporation's Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.