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Carpenter Technology

CRSNYSEStock Fundamentals

Carpenter Technology Corporation is a leading manufacturer, fabricator, and distributor of premium specialty alloys and high-performance materials. The company provides advanced process solutions for critical applications in demanding environments, specializing in titanium, nickel, and cobalt alloys as well as materials for additive manufacturing and soft magnetics.

Market Cap$20.1B
Revenue TTM$3.0B
Net Income TTM$479.1M
P/E Ratio41.92
Net Margin15.82%
EPS TTM$9.50
Free Cash Flow TTM$407.4M
Employees4.5K
CEOTony R. Thene
CountryUnited States of America
Industrials
Manufacturing - Metal Fabrication
SegmentsSpecialty Chemicals & Materials, Metal Fabrication, Aerospace & Defense
Business ModelsManufacturing, Distribution, Material Science R&D
Most Recent EarningsApr 29, 2026 · 21 days agoQ1 2026 · FQ3 FY2026
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Next EarningsJul 30, 2026 · in 2 monthsBefore Market Open · Q2 2026 · FQ4 FY2026

Financials

Based on Q1 2026 · FQ3 FY2026 filing

Gross Margin29.73%
Op. Margin21.34%
ROE24.89%
D/E33.82%
Current Ratio3.73
Total Debt$699.3M
Cash$294.8M
CapEx TTM$215.6M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Specialty Alloys Operations (SAO)

primary

This segment encompasses the company's major premium alloy and stainless steel manufacturing operations. It utilizes an integrated asset management approach to optimize efficiency across its primary mills in Pennsylvania, South Carolina, and Alabama.

Products

Premium Alloys, Stainless Steel, Alloy Steels, Tool Steels

Customers

Aerospace manufacturers, Defense contractors, Medical device companies, Energy firms, Industrial manufacturers

Performance Engineered Products (PEP)

major

This segment focuses on differentiated, high-growth business units managed with an entrepreneurial structure. It includes specialized titanium production, additive manufacturing solutions, and international distribution networks.

Products

Dynamet titanium, Carpenter Additive materials, Powder metals, Soft magnetics

Customers

Additive manufacturing service bureaus, Medical implant manufacturers, Transportation companies, Consumer product manufacturers

Segment Financials

Specialty Alloys Operations — Cost of Sales

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Specialty Alloys Operations — Total Net Sales

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Specialty Alloys Operations — Consolidated total assets

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Performance Engineered Products — Consolidated capital expenditures

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Performance Engineered Products — Total Net Sales

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Performance Engineered Products — Consolidated depreciation and amortization

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Business Overview

Competitive Position

A recognized leader in high-performance specialty alloy-based materials with significant barriers to entry due to complex customer qualifications and technical expertise.

Geographies

United States, Mexico, Global

Customer Segments

Aerospace, Medical, Defense, Energy, Transportation

Upstream Dependencies

Nickel suppliers, Cobalt suppliers, Chromium suppliers, Titanium ore and scrap suppliers, Iron and scrap metal vendors

Downstream Customers

Aircraft engine manufacturers, Medical device OEMs, Oil and gas equipment providers, Automotive component manufacturers

Carpenter Technology logo

Carpenter Technology FAQ

Common questions about Carpenter Technology

Carpenter Technology Corporation is a leading manufacturer, fabricator, and distributor of premium specialty alloys and high-performance materials. The company provides advanced process solutions for critical applications in demanding environments, specializing in titanium, nickel, and cobalt alloys as well as materials for additive manufacturing and soft magnetics.

Carpenter Technology (CRS) has a market capitalization of $20.1B and trades on NYSE.

Carpenter Technology generated $3.0B in trailing twelve-month revenue with net income of $479.1M, representing a net margin of 15.8%. Gross margin stands at 29.7%, with free cash flow of $407.4M. These figures are based on the Q1 2026 filing.

Carpenter Technology's key competitors include Allegheny Technologies (ATI), Howmet Aerospace Inc., Dover Corporation, and others. These companies compete in similar markets and product categories.

Carpenter Technology has approximately 4,500 employees.