MARKETS / NYSE / CRS

NYSE · STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) · LARGE CAP

Carpenter Technology Corp. CRS

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$3.1B

▲ 8.6% YoY

Net income

$529.8M

▲ 40.9% YoY

Free cash flow

$362.3M

▲ 26.6% YoY

In brief

What this company does

Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. As of June 30, 2026, its total workforce consisted of approximately 4,500 employees. It is organized in two reportable business segments, Specialty Alloys Operations and Performance Engineered Products. Its SAO segment comprises the Company's alloy and stainless steel manufacturing operations, with mills primarily in Reading and Latrobe, Pennsylvania and surrounding areas, as well as in South Carolina and Alabama. No single customer accounted for 10 percent or more of the company's total net sales for the years ended June 30, 2026, June 30, 2025 and June 30, 2024. Carpenter Technology Corporation was founded in 1889.

Written from the business description in CARPENTER TECHNOLOGY CORP's annual report to the U.S. Securities and Exchange Commission, filed 12 August 2026. Every sentence was checked against that document before publication.

Growth

USD 3.1B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 3.1 · Net income 0.5

Compound annual growth

Revenue

+7.0%

+16.2%

+5.6%

+4.2%

Net income

+111.0%

+46.9%

+14.3%

EPS, diluted

+109.8%

+46.6%

+13.4%

Dividend / share

+0.0%

+1.1%

+0.7%

Returned to shareholders

+73.3%

+39.3%

+2.6%

+13.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +16.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

17 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 22.5% · Net 17.0%

ROE

FY2025 · ROE 25.8%

Gross margin30.6%

Operating margin22.5%

Net margin17.0%

Return on assets14.5%

EBITDAUSD 849.1M

Each USD of equity produced 26 cents of profit this year.

Cash & shareholders

USD 205.1M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 362.3

Net buybacks $M Dividends $M

FY2025 · Dividends 40.3 · Net buybacks 164.8

Dividends paidUSD 40.3M

Net buybacksUSD 164.8M

Share of profit38.7%

Consecutive raises—

USD 40.3M in dividends and USD 164.8M in buybacks — 39% of the year's profit went back to shareholders.

Total assetsUSD 3.8B

EquityUSD 2.2B

CashUSD 393.3M

Gross debtUSD 690.7M

Net debtUSD 297.4M

Current ratio3.81×

Net debt stands at 13% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	3.1	2.9	2.8	2.6	1.8	1.5	2.2	2.4	2.2	1.8	1.8	2.2	2.2	2.3	2.0	1.7	1.2	1.4
Operating income $B	0.7	0.5	0.3	0.1	−0.0	−0.2	0.0	0.2	0.2	0.1	0.1	0.1	0.2	0.2	0.2	0.1	0.0	0.1
EBITDA $B	0.8	0.7	0.5	0.3	0.1	−0.1	0.1	0.4	0.3	0.2	0.2	0.2	0.3	0.3	0.3	0.2	0.1	0.1
Income tax $B	0.1	0.1	0.0	0.0	−0.0	−0.1	0.0	0.0	−0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.0	0.0	0.0
Net income $B	0.5	0.4	0.2	0.1	−0.0	−0.2	0.0	0.2	0.2	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.0	0.0
Free cash flow $B	0.4	0.3	0.2	−0.1	−0.1	0.1	0.1	0.1	0.1	0.0	0.2	0.1	−0.1	−0.1	−0.0	−0.0	0.1	0.0
EPS, diluted $	10.52	7.42	3.70	1.14	−1.01	−4.76	0.02	3.43	3.92	0.99	0.23	1.11	2.47	2.73	2.53	1.59	0.04	1.08
Dividend / sh $	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.72	0.72	0.72	0.72	0.72	0.72	0.72	0.72	0.72	0.72
Payout %	8	11	21	70	−80	−17	2587	23	18	73	308	65	29	26	28	45	1519	66
ROE %	25.8	21.4	12.3	4.1	−3.6	−16.2	0.1	11.1	14.0	4.1	0.9	4.1	9.5	12.1	13.0	10.6	0.4	·
Shares out B	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergences in 81 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 14 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent

ActivitySteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Listed onNYSE

Incorporated inDelaware

Fiscal year endsJune 30

Data on record since2008