Income StatementBalance SheetCash FlowSegments
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Carpenter Technology Income Statement

Revenue, expenses, and profitability over time

Carpenter Technology generated $3.0B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $479.1M with a 15.82% net margin. Gross margin stands at 29.73% and operating margin at 21.34%. Diluted EPS is $9.50, which grew 0.3% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$3.0BGross Profit (TTM)$900.5MOperating Income (TTM)$646.4MNet Income (TTM)$479.1MEps Diluted (TTM)$9.50
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$20.1B
P/E Ratio41.92
ROE24.89%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$5.1M$6.4M$6.6M$5.6M$6.0M$7.0M
Share-Based Compensation Expense$5.1M$6.4M$6.6M$5.6M$6.0M$7.0M
Depreciation and amortization$34.3M$35.4M$35.6M$36.0M$36.2M$36.7M
Pension Expense$6.2M$6.2M$6.2M$3.6M$3.6M$3.6M
Stock-based compensation expense$5.1M$6.4M$6.6M$5.6M$6.0M$7.0M
Selling, general and administrative$58.6M$63.0M$62.6M$63.1M$63.1M$65.3M
Share-Based Compensation$5.1M$6.4M$6.6M$5.6M$6.0M$7.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in Accounts Receivable$2.7M$33.3M—$36.2M—$80.9M
Change in Other Current Assets$9.4M-$17.0M-$3.5M-$7.7M$23.3M-$17.1M
Tax Withholding for Share-Based Payments$9.5M$4.6M$1.7M$45.5M$9.7M$700.0K
Deferred taxes-$4.9M-$3.9M-$5.1M$5.8M$2.9M$4.1M
Gain Loss On Sale Of Property Plant Equipment-$300.0K-$400.0K-$1.1M-$300.0K-$100.0K-$200.0K
Accounts payable—-$14.2M—-$27.0M—$47.1M
Increase (Decrease) in Accounts Receivable$2.7M$33.3M—$36.2M—$80.9M
Accrued liabilities——$27.7M-$85.9M——
Increase (Decrease) in Inventories$63.9M$12.6M—-$15.6M$43.5M$17.2M
Increase (Decrease) in Other Current Assets$9.4M-$17.0M-$3.5M-$7.7M$23.3M-$17.1M
Increase (Decrease) in Other Operating Assets and Liabilities, Net$1.0M$1.2M$1.8M$2.0M$600.0K—
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$27.6M-$43.8M-$34.7M-$104.2M-$62.5M-$62.8M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$29.3M-$40.0M-$56.7M-$42.6M-$46.3M-$68.7M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$67.9M$74.2M$258.1M$39.2M$132.2M$193.5M
Other income, net (Note 6)-$1.6M-$3.8M-$500.0K$3.0M$600.0K-$1.1M
Payment for Other Postretirement Benefits$800.0K$1.0M$800.0K$900.0K$800.0K$1.3M
Payments for Repurchase of Common Stock$8.2M$37.5M$24.1M$49.1M$32.1M$52.7M
Payments of Dividends$10.1M$10.0M$10.1M$10.1M$10.0M$10.1M
Payment, Tax Withholding, Share-Based Payment Arrangement$9.5M$4.6M$1.7M$45.5M$9.7M$700.0K
Payments to Acquire Productive Assets$29.3M$40.2M$58.0M$42.6M$46.3M$68.7M
Cash received from option exercises$200.0K$8.3M$1.2M$500.0K$12.7M$700.0K
Restructuring Reserve Settled Without Cash2———$0.0$0.0$0.0
Revenue From Contract With Customer Excluding Assessed Tax$676.9M$727.0M$755.6M$733.7M$728.0M$811.5M
Stock-based compensation$5.1M$6.4M$6.6M$5.6M$6.0M$7.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.68$1.90$2.23$2.45$2.10$2.79
Diluted earnings per share$1.66$1.88$2.21$2.43$2.09$2.77
Weighted-average shares, basic50.2M50.2M—50.1M50.1M50M
Weighted-average shares, diluted50.7M50.7M—50.4M50.3M50.3M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (loss) on extinguishment of debt$0.0$0.0——-$15.6M$0.0
Other Charges-$1.6M-$3.8M-$500.0K$3.0M$600.0K-$1.1M
Interest expense$12.2M$12.0M$11.8M$11.5M$10.2M$8.7M
Change in Accounts Payable—-$14.2M—-$27.0M—$47.1M
Other income (expense), net-$1.6M-$3.8M-$500.0K$3.0M$600.0K-$1.1M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$177.5M$200.8M$214.0M$216.4M$218.3M$251.8M
Operating income$118.9M$137.8M$151.4M$153.3M$155.2M$186.5M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$105.1M$122.0M$139.1M$144.8M$130.0M$176.7M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$21.0M$26.6M$27.4M$22.3M$24.7M$37.1M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$84.1M$95.4M$111.7M$122.5M$105.3M$139.6M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other cost of revenues (exclusive of D&A)$499.4M$526.2M$541.6M$517.3M$509.7M$559.7M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$676.9M$727.0M$755.6M$733.7M$728.0M$811.5M