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Cash ratio at other companies

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ATIATI
0.4×0.0×
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DoverDOV
0.7×-0.2×
Howmet Aerospace logo
Howmet AerospaceHWM
1.1×+0.7×
Celestica logo
CelesticaCLS
0.1×0.0×
Reliance logo
RelianceRS
0.2×0.0×
Steel Dynamics logo
Steel DynamicsSTLD
0.3×-0.3×

Other financials

Income statement

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Revenue$811.5M+11.6%
Gross profit$251.8M+25.4%
Operating income$186.5M+35.3%
Net income$139.6M+46.3%
EPS (diluted)$2.77+47.3%

Balance sheet

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Cash & equivalents$294.8M+94.6%
Total debt$699.3M-0.5%
Total equity$2.1B+16.1%
Total assets$3.7B+9.4%

Cash flow

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Operating cash flow$193.5M+161%
CapEx$68.7M+70.9%
Free cash flow$124.8M+266%

Valuation

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Market cap$28.59B+117%
Enterprise value$29B+109%
P/E59.7×+22.9×
P/S9.4×+4.9×

Profitability

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Gross margin29.7%+4.2pp
Operating margin21.3%+5.0pp
Net margin15.8%+3.6pp

Returns & leverage

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Return on equity24.9%+3.1pp
Debt / equity0.3×-0.1×
Current ratio3.7×0.0×

Where this comes from

Calculated from Carpenter Technology’s reported figures.

Based on the most recent quarter.

The official record: Carpenter Technology’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carpenter Technology's cash ratio?
Carpenter Technology (CRS) reported cash ratio of 0.6× in Q1 2026.
How has Carpenter Technology's cash ratio changed year-over-year?
Carpenter Technology's cash ratio increased by 70.0% year-over-year, from 0.3× to 0.6×.
What is the long-term trend for Carpenter Technology's cash ratio?
Over 4 years (2021 to 2025), Carpenter Technology's cash ratio has grown at a -17.2% compound annual growth rate (CAGR), from 3.7× to 1.7×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.