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Carpenter Technology CRS Specialty Alloys Operations — Operating Income (Loss)

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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+16.0%
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$30.65B+118%
Enterprise value$31.05B+114%
P/E64×+26.6×
P/S10.1×+5.2×

Profitability

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Gross margin29.7%+4.2pp
Operating margin21.3%+5.0pp
Net margin15.8%+3.6pp
FCF margin13.5%+5.6pp

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

Reported directly by Carpenter Technology in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 specialty alloys operations — operating income (loss)?
Carpenter Technology (CRS) reported specialty alloys operations — operating income (loss) of $208M in Q1 2026.
How has Carpenter Technology's specialty alloys operations — operating income (loss) changed year-over-year?
Carpenter Technology's specialty alloys operations — operating income (loss) increased by 37.4% year-over-year, from $151.4M to $208M.
What is the long-term trend for Carpenter Technology's specialty alloys operations — operating income (loss)?
Over 3 years (2022 to 2025), Carpenter Technology's specialty alloys operations — operating income (loss) has grown at a 294.3% compound annual growth rate (CAGR), from $9.6M to $588.6M.
What does specialty alloys operations — operating income (loss) mean?
This metric measures the profitability of the specialty alloys segment after accounting for all direct costs and segment-specific operating expenses. It serves as the primary gauge of the segment's operational health and its contribution to the overall corporate bottom line. A strong operating income demonstrates the segment's ability to generate value from its manufacturing assets.