CRS Financials Carpenter Technology Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 25, 2026, 10:25 UTC Overview →

Growth & profitability

Revenue has grown 16.2% per year over the past 5 years.
Operating margin has expanded, at 22.5% in the latest year.
Free cash flow has grown 19.4% per year over the past 5 years.

Financial health

Total debt ($691M) exceeds cash ($393M); net debt is $297M.
Total debt has grown slower than revenue (-0.1% vs 16.2% per year).
Operating income covered interest expense 19× in the latest year.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 7.6% of earnings and 11.1% of free cash flow.
The dividend has grown 0.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$3.1B	$530M	30.6%	22.5%	23.8%	13.8%	$362M	$691M	$393M
2025	$2.9B	$376M	26.7%	18.1%	19.9%	10.8%	$286M	$695M	$316M
2024	$2.8B	$187M	21.2%	11.7%	11.5%	5.7%	$178M	$694M	$199M
2023	$2.6B	$56M	13.2%	5.2%	4.0%	1.8%	-$68M	$693M	$45M
2022	$1.8B	-$49M	8.2%	-1.4%	-3.7%	-1.7%	-$85M	$692M	$154M
2021	$1.5B	-$230M	0.1%	-16.8%	-16.5%	-7.7%	$150M	$695M	$287M
2020	$2.2B	$2M	15.1%	1.2%	0.1%	0.0%	$60M	$722M	$193M
2019	$2.4B	$167M	18.7%	10.1%	11.0%	5.2%	$52M	$570M	$27M
2018	$2.2B	$189M	17.7%	8.8%	12.7%	6.3%	$74M	$546M	$56M
2017	$1.8B	$47M	16.7%	6.8%	3.9%	1.6%	$32M	$605M	$66M
2016	—	$11M	—	—	1.0%	0.4%	$162M	$611M	$82M
2015	—	$59M	—	—	4.4%	2.0%	$112M	$604M	$70M
2014	—	$133M	—	—	8.8%	4.3%	-$110M	$604M	$120M
2013	—	$146M	—	—	11.2%	5.1%	—	$604M	$258M
2012	—	$121M	—	—	11.0%	4.6%	—	$407M	$211M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$798M	$163M	32.1%	24.6%	7.4%	4.3%	-$25M	$691M	$160M
Jun '26	$851M	$162M	31.6%	24.3%	7.3%	4.2%	$155M	$691M	$393M
Mar '26	$812M	$140M	31.0%	23.0%	6.8%	3.8%	$125M	$690M	$295M
Dec '25	$728M	$105M	30.0%	21.3%	5.3%	3.0%	$86M	$690M	$232M
Sep '25	$734M	$123M	29.5%	20.9%	6.4%	3.6%	-$3M	$696M	$208M
Jun '25	$756M	$112M	28.3%	20.0%	5.9%	3.2%	$200M	$695M	$316M
Mar '25	$727M	$95M	27.6%	19.0%	5.4%	2.8%	$34M	$695M	$152M
Dec '24	$677M	$84M	26.2%	17.6%	4.9%	2.5%	$39M	$695M	$162M
Sep '24	$718M	$85M	24.6%	15.8%	5.1%	2.6%	$13M	$695M	$150M
Jun '24	$799M	$94M	23.9%	13.6%	5.7%	2.8%	$142M	$694M	$199M
Mar '24	$685M	$6M	21.5%	11.1%	0.4%	0.2%	$62M	$694M	$54M
Dec '23	$624M	$43M	19.6%	11.2%	2.9%	1.4%	-$11M	$708M	$16M
Sep '23	$652M	$44M	19.0%	10.6%	3.1%	1.4%	-$15M	$693M	$18M
Jun '23	$758M	$38M	15.7%	8.3%	2.8%	1.3%	$144M	$693M	$45M
Mar '23	$690M	$19M	13.5%	5.7%	1.4%	0.6%	-$16M	$801M	$22M
Dec '22	$579M	$6M	12.1%	3.9%	0.5%	0.2%	-$104M	$774M	$20M
Sep '22	$523M	-$7M	10.5%	1.6%	-0.5%	-0.2%	-$92M	$692M	$53M
Jun '22	$564M	$3M	12.8%	4.4%	0.2%	0.1%	$74M	$692M	$154M
Mar '22	$489M	-$8M	8.1%	0.2%	-0.6%	-0.2%	$10M	$991M	$394M
Dec '21	$396M	-$29M	3.3%	-8.0%	-2.2%	-1.0%	-$108M	$695M	$97M

Valuation over time

How the market has priced CRS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 49.6× (Jun '23) to 27.7× (Nov '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 4.7× (Nov '26).
The dividend yield has fallen from 1.8% (Mar '23) to 0.3% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is CRS growing its revenue and profit?

Over the past 5 years, Carpenter Technology Corp's revenue has grown 16.2% per year. These are computed facts, not advice.

How much debt does CRS have?

As of FY2026, Carpenter Technology Corp reported $691M of total debt against $393M of cash; operating income covered interest expense 19×.

What is CRS's profit margin?

In FY2026, gross margin was 30.6%, operating margin 22.5%, and net margin 17.0%.

What is CRS's P/E ratio?

Carpenter Technology Corp's P/E (TTM) is 25.80 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CRS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 27.7× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.