Financials · CRS

Carpenter Technology Corporation (CRS) financials

For the twelve months ended Sep 30, 2026, Carpenter Technology Corporation reported $3.19B of revenue and $569.80M of net income.

Revenue, TTM
$3.19B
Revenue growth, YoY
+10.2%
Net income, TTM
$569.80M
Net income growth, YoY
+37.7%
Net margin
17.9%
Free cash flow, TTM
$340.80M
EPS, diluted, TTM
$11.34
EPS growth, YoY
+38.6%
Cash
$159.50M
Total debt
$691.00M
P/E
24.20
P/S
4.32
Market cap
$13.79B
Annual revenue$3.12B
FY2017FY2026
Annual net income$529.80M
FY2017FY2026
Annual free cash flow$362.30M
FY2017FY2026

CRS revenue and earnings growth

CRS revenueQ1 2027$798.20M

Quarter YoY
+8.8%
QoQ
-6.2%
FY YoY
+8.6%
5Y CAGR
+16.2%
10Y CAGR
+5.6%

CRS revenue was $798.20M in fiscal Q1 2027 (ended Sep 30, 2026), up 8.8% from a year earlier and down 6.2% from the prior quarter. For the full fiscal 2026 it was $3.12B, up 8.6% from fiscal 2025. Compound annual growth was +16.2% over 5 years and +5.6% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

CRS net incomeQ1 2027$162.50M

Quarter YoY
+32.7%
QoQ
+0.1%
FY YoY
+40.9%
10Y CAGR
+46.9%

CRS net income was $162.50M in fiscal Q1 2027 (ended Sep 30, 2026), up 32.7% from a year earlier and up 0.1% from the prior quarter. For the full fiscal 2026 it was $529.80M, up 40.9% from fiscal 2025. Compound annual growth was +46.9% over 10 years. It rose in each of the last 3 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

CRS EPSQ1 2027$3.25

Quarter YoY
+33.7%
QoQ
+0.6%
FY YoY
+41.8%
10Y CAGR
+46.6%

CRS diluted EPS was $3.25 in fiscal Q1 2027 (ended Sep 30, 2026), up 33.7% from a year earlier and up 0.6% from the prior quarter. For the full fiscal 2026 it was $10.52, up 41.8% from fiscal 2025. Compound annual growth was +46.6% over 10 years.

CRS free cash flowQ1 2027-$24.90M

FY YoY
+26.6%
5Y CAGR
+19.4%
10Y CAGR
+8.4%

CRS free cash flow was -$24.90M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$3.40M a year earlier. For the full fiscal 2026 it was $362.30M, up 26.6% from fiscal 2025. Compound annual growth was +19.4% over 5 years and +8.4% over 10 years. Fiscal 2026 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue$3.12B$2.88B$2.76B$2.55B$1.84B$1.48B$2.18B$2.38B$2.16B$1.80B
Cost of revenue-------$1.94B$1.78B$1.50B
Gross profit$955.50M$768.60M$584.30M$337.30M$149.80M$1.00M$329.40M$444.80M$382.30M$300.80M
Research and development$27.70M$26.10M$25.60M$24.40M$20.40M$19.70M$28.00M$23.30M$19.30M$16.90M
Selling, general and admin$253.50M$243.20M$230.20M$204.20M$174.70M$180.20M$201.00M$203.40M$193.00M$176.10M
Operating income$702.00M$521.80M$323.10M$133.10M-$24.90M-$248.60M$25.30M$241.40M$189.30M$121.50M
Interest expense$37.80M$48.40M$51.00M$54.10M$44.90M$32.70M$19.80M$26.00M$28.30M$29.80M
Pre-tax income$656.20M$467.30M$211.60M$72.50M-$63.10M-$297.90M$6.10M$216.00M$160.20M$70.20M
Income tax$126.40M$91.30M$25.10M$16.10M-$14.00M-$68.30M$4.60M$49.00M-$28.30M$23.20M
Net income$529.80M$376.00M$186.50M$56.40M-$49.10M-$229.60M$1.50M$167.00M$188.50M$47.00M
EPS, basic$10.59$7.50$3.75$1.15-$1.01-$4.76$0.02$3.46$3.96$0.99
EPS, diluted$10.52$7.42$3.70$1.14-$1.01-$4.76$0.02$3.43$3.92$0.99
Diluted shares50.4M50.7M50.3M49.2M48.5M48.3M48.2M48.1M47.6M47.1M

Balance sheet

Balance sheet
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Cash and equivalents$393.30M$315.50M$199.10M$44.50M$154.20M$287.40M$193.10M$27.00M$56.20M$66.30M
Receivables$701.90M$575.50M$562.60M$531.30M$382.30M$308.70M$292.30M$384.10M$378.50M$290.40M
Inventory$822.90M$793.80M$735.40M$639.70M$496.10M$425.70M$724.30M$787.70M$689.20M$690.40M
Current assets$1.98B$1.76B$1.59B$1.28B$1.12B$1.12B$1.27B$1.24B$1.18B$1.09B
Goodwill$227.30M$227.30M$227.30M$241.40M$241.40M$241.40M$290.40M$326.40M$268.70M$263.40M
Total assets$3.84B$3.49B$3.29B$3.05B$2.93B$2.97B$3.23B$3.19B$3.01B$2.88B
Current liabilities$520.00M$483.70M$466.30M$459.40M$375.60M$306.30M$452.10M$416.00M$363.30M$396.00M
Short-term debt---$0$0$0$170.00M$19.70M$0$55.00M
Long-term debt$690.70M$695.40M$694.20M$693.00M$691.80M$694.50M$551.80M$550.60M$545.70M$550.00M
Total debt$690.70M$695.40M$694.20M$693.00M$691.80M$694.50M$721.80M$570.30M$545.70M$605.00M
Total liabilities$1.61B$1.60B$1.66B$1.66B$1.60B$1.58B$1.78B$1.67B$1.52B$1.68B
Shareholders' equity$2.23B$1.89B$1.63B$1.40B$1.33B$1.39B$1.45B$1.52B$1.49B$1.20B

Cash flow

Cash flow
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Operating cash flow$605.00M$440.40M$274.90M$14.70M$6.00M$250.00M$231.80M$232.40M$209.20M$130.30M
Capital expenditures$242.70M$154.30M$96.60M$82.30M$91.30M$100.50M$171.40M$180.30M$135.00M$98.50M
Free cash flow$362.30M$286.10M$178.30M-$67.60M-$85.30M$149.50M$60.40M$52.10M$74.20M$31.80M
Investing cash flow-$242.70M-$152.90M-$95.90M-$82.30M-$89.10M-$78.90M-$171.20M-$244.60M-$139.40M-$112.10M
Financing cash flow-$286.80M-$167.10M-$23.30M-$40.10M-$52.80M-$76.10M$107.80M-$19.40M-$78.90M-$33.80M
Dividends paid$40.30M$40.30M$40.00M$39.40M$39.20M$39.10M$38.80M$38.60M$34.40M$34.10M
Share repurchases$179.10M$101.90M$0$0----$0$0
Stock-based compensation$26.40M$22.80M$19.80M$16.40M$10.80M$10.40M$10.90M$17.60M$17.60M$13.00M
Depreciation and amortization$147.10M$139.20M$134.60M$131.00M$131.40M$123.60M$123.90M$121.50M$116.60M$117.80M

Key ratios

Key ratios
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue growth, YoY8.6%4.3%8.2%38.9%24.4%-32.3%-8.4%10.3%20.0%-0.9%
Net income growth, YoY40.9%101.6%230.7%----99.1%-11.4%301.1%315.9%
EPS growth, YoY41.8%100.5%224.6%----99.4%-12.5%296.0%330.4%
Gross margin30.6%26.7%21.2%13.2%8.2%0.1%15.1%18.7%17.7%16.7%
Operating margin22.5%18.1%11.7%5.2%-1.4%-16.8%1.2%10.1%8.8%6.8%
Net margin17.0%13.1%6.8%2.2%-2.7%-15.6%0.1%7.0%8.7%2.6%
Free cash flow margin11.6%9.9%6.5%-2.7%-4.6%10.1%2.8%2.2%3.4%1.8%
Return on equity23.8%19.9%11.5%4.0%-3.7%-16.5%0.1%11.0%12.7%3.9%
Return on assets13.8%10.8%5.7%1.8%-1.7%-7.7%0.0%5.2%6.3%1.6%
Current ratio3.813.653.412.792.983.652.802.973.242.76
Debt to equity0.310.370.430.500.520.500.500.380.370.50

Source: XBRL data Carpenter Technology Corporation files with the SEC, latest filing dated Oct 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CRS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CRS$3.19B+10.2%$569.80M17.9%$13.79B
NUE$36.10B+17.2%$2.88B8.0%$55.58B
MT$61.35B-1.7%$3.15B5.1%$46.41B
STLD$22.22B+26.0%$1.95B8.8%$31.70B
TS$11.98B-4.3%$1.93B16.1%$31.16B
ATI$5.01B+9.4%$555.60M11.1%$23.88B
PKX₩68.99T-6.1%₩690.69B1.0%$15.83B
TX$15.61B-11.6%$425.23M2.7%$9.65B
GGBR$77.42B+3.5%R$1.39B1.8%$8.66B

CRS FAQ

9 questions
  • What is CRS revenue?
    Carpenter Technology Corporation (CRS) reported $3.19B of revenue for the twelve months ended Sep 30, 2026. That is up 10.2% from the year before. Revenue for fiscal 2026 was $3.12B.
  • Is CRS profitable?
    Yes. Carpenter Technology Corporation earned $569.80M in net income for the twelve months ended Sep 30, 2026, a net margin of 17.9%.
  • How much cash and debt does CRS have?
    Carpenter Technology Corporation reported $159.50M in cash and cash equivalents and $691.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is CRS revenue growing?
    Carpenter Technology Corporation's revenue changed +8.6% in fiscal 2026, to $3.12B. Its compound annual growth rate was +16.2% over 5 years and +5.6% over 10 years.
  • What is CRS gross margin?
    Carpenter Technology Corporation's gross profit was $995.30M on $3.19B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 31.2%.
  • What is CRS free cash flow?
    Carpenter Technology Corporation generated $340.80M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $618.60M less capital expenditures.
  • What is CRS earnings per share?
    Diluted earnings per share were $11.34 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did CRS last report financial results?
    The latest statements here come from Carpenter Technology Corporation's 10-Q filed on Oct 22, 2026, covering the period ended Sep 30, 2026.
  • Where does this CRS financial data come from?
    Quantisnow builds these statements from the structured XBRL data Carpenter Technology Corporation files with the SEC. It is provided for information only and is not investment advice.