Carpenter Technology Corporation (CRS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CRS Revenue Growth
Revenue Breakdown (FY 2025)
CRS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CRS Revenue Analysis (2014–2025)
As of May 8, 2026, Carpenter Technology Corporation (CRS) generated trailing twelve-month (TTM) revenue of $3.03 billion, reflecting strong growth of +11.6% year-over-year. The most recent quarter (Q3 2026) recorded $811.5 million in revenue, up 11.5% sequentially.
Looking at the longer-term picture, CRS's 5-year compound annual growth rate (CAGR) stands at +5.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.88 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows CRS's business is primarily driven by Aerospace And Defense Markets (61%), Industrial And Consumer Markets (12%), and Medical Market (12%). With over half of revenue concentrated in Aerospace And Defense Markets, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including ATI (+2.9% YoY), HWM (+14.2% YoY), and NUE (+12.3% YoY), CRS has underperformed the peer group in terms of revenue growth. Compare CRS vs ATI →
CRS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRSCurrent | $3.0B | +11.6% | +5.7% | 18.1% | |
 ATI | $4.6B | +2.9% | +9.0% | 13.8% | |
 HWM | $8.3B | +14.2% | +9.4% | 25.8% | |
 NUE | $32.5B | +12.3% | +10.0% | 8.2% | |
 STLD | $18.2B | +10.4% | +13.6% | 8.1% | |
 CMC | $7.8B | +2.3% | +7.3% | 6.7% |
CRS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.88B | +4.3% | $768.6M | 26.7% | $521.8M | 18.1% |
| 2024 | $2.76B | +8.2% | $584.3M | 21.2% | $323.1M | 11.7% |
| 2023 | $2.55B | +38.9% | $337.3M | 13.2% | $133.1M | 5.2% |
| 2022 | $1.84B | +24.4% | $149.8M | 8.2% | $-24,900,000 | -1.4% |
| 2021 | $1.48B | -32.3% | $1.0M | 0.1% | $-248,600,000 | -16.8% |
| 2020 | $2.18B | -8.4% | $329.4M | 15.1% | $25.3M | 1.2% |
| 2019 | $2.38B | +10.3% | $444.8M | 18.7% | $241.4M | 10.1% |
| 2018 | $2.16B | +20.0% | $382.3M | 17.7% | $189.3M | 8.8% |
| 2017 | $1.80B | -0.9% | $300.8M | 16.7% | $121.5M | 6.8% |
| 2016 | $1.81B | -18.6% | $255.9M | 14.1% | $51.6M | 2.8% |
Full CRS Stock Analysis
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Start ComparisonCRS — Frequently Asked Questions
Quick answers to the most common questions about buying CRS stock.
Is CRS's revenue growth accelerating or slowing?
CRS maintains +11.6% revenue growth, in line with its 5-year CAGR of +5.7%. TTM revenue stands at $3.0B. Growth rate remains consistent with historical average.
What is CRS's long-term revenue growth rate?
Carpenter Technology Corporation's 5-year revenue CAGR of +5.7% reflects the sustained expansion pattern. Current YoY growth of +11.6% is near this long-term average.
How is CRS's revenue distributed by segment?
CRS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.