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Carpenter Technology Corporation

CRSIndustrialsNASDAQ

Metal Fabrication · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$2.88B
+4.3% YoY
Net Income
$376.0M
+101.6% YoY
EBITDA
$670.4M
+62.9% YoY
Free Cash Flow
$300.7M

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About Carpenter Technology Corporation

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. Valued at $24.21B, CRS is a large-cap name in its sector. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.

Key stats
Market Cap$24.21B
P/E (TTM)51.29
Fwd P/E38.57
EPS$9.50
Beta1.24
52W Change+97.6%
Dividend Yield0.16%
ROE24.9%
Analysis

On the balance sheet, CRS has $294.8M in cash with $699.3M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $300.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 24.9%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 11.3% further supports the picture of efficient asset utilization. Revenue has grown from $1.84B (2022) to $2.88B (2025), reflecting a 57% increase over the period.

The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CRS.

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CRS — Carpenter Technology Corporation Technical Analysis | Scanance