Carpenter Technology Corporation

NYSE•CRS

CEO: Mr. Tony R. Thene CPA

Sector: Industrials

Industry: Manufacturing - Metal Fabrication

Listing Date: 1987-11-05

Carpenter 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 to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Contact Information

1735 Market Street, 15th Floor, Philadelphia, PA, 19103, United States

610-208-2000

www.carpentertechnology.com

Market Cap

$21.33B

P/E (TTM)

49.3

41.6

Dividend Yield

0.2%

52W High

$459.18

52W Low

$188.12

52W Range

89%

Rank50Top 68.9%

3.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$728.00M+7.55%

4-Quarter Trend

EPS

$2.10+25.00%

4-Quarter Trend

FCF

$85.90M+122.54%

4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Net Income Jumps Significantly Six months net income reached $227.8M USD, a substantial increase from $168.9M USD last year, driven by operational gains.

Gross Margin Expansion Strong Adjusted gross margin improved to 36.5% for six months, up from 31.4% previously, reflecting better product mix and pricing actions.

Operating Cash Flow Improves Cash from operations generated $171.4M USD over six months, significantly up from $108.1M USD last year, boosting liquidity.

SAO Segment Records Best Quarter SAO operating income hit $174.6M USD in the quarter, marking sixteenth consecutive quarter of increasing adjusted operating margins.

Risk Factors

Debt Redemption Costs Recorded $15.6M USD debt extinguishment loss during six months from full prepayment of senior unsecured notes due July 2028 and March 2030.

Raw Material Cost Volatility Surcharge mechanism protects dollar profit but creates lag, diluting gross margin percentage when material costs rise quickly.

Future Tax Law Uncertainty New OBBBA tax law enacted July 2025 introduces complexity; quantitative financial effects are currently not estimable for future periods.

Environmental Liability Exposure Company faces potential future costs related to Superfund sites, though current liability estimates are not material long-term based on available data.

Outlook

Capital Allocation Balanced Approach Plan sustaining assets, investing in brownfield expansion, and returning cash via $81.2M USD share repurchases and dividend payments.

Long-Term Performance Expected Expect stronger operating income driven by increasing sales, expanding margins, and strong outlook in Aerospace and Energy markets.

Brownfield Expansion Underway Investing to accelerate growth with brownfield expansion project expected to add primary and secondary melt capacity in fiscal year 2026.

Liquidity Position Strong Total liquidity stands at $730.8M USD as of December 31, 2025, including $498.9M USD available borrowing capacity under Credit Facility.

Peer Comparison

Revenue (TTM)

LUV

$28.88B

+4.7%

MTZ

$14.30B

+16.2%

JBHT

$12.13B

+0.6%

Gross Margin (Latest Quarter)

TRU

58.3%

-12.2pp

BAH

51.9%

-3.3pp

ULS

48.9%

+1.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
MTZ	$29.57B	73.2	13.1%	27.6%
JBHT	$23.77B	38.5	17.3%	16.4%
WWD	$21.70B	44.6	19.6%	19.2%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.0%

Moderate Growth

4Q Net Income CAGR

3.3%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:$2.59

Revenue:$797.00M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data