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Carpenter Technology CRS Interest coverage

Interest coverage at other companies

ATI logo
ATIATI
11×+6.2×
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DoverDOV
12.4×+2.2×
Howmet Aerospace logo
Howmet AerospaceHWM
116.6×+111×
Celestica logo
CelesticaCLS
21.6×+9.9×
Reliance logo
RelianceRS
18.6×-6.2×
Alcoa logo
AlcoaAA
7.4×-0.7×

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 trailing twelve months.

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 interest coverage?
Carpenter Technology (CRS) reported interest coverage of 15.3× in Q1 2026.
How has Carpenter Technology's interest coverage changed year-over-year?
Carpenter Technology's interest coverage increased by 56.8% year-over-year, from 9.8× to 15.3×.
What is the long-term trend for Carpenter Technology's interest coverage?
Over 4 years (2021 to 2025), Carpenter Technology's interest coverage has grown at a 2.4% compound annual growth rate (CAGR), from -32.9× to 36.1×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.