Carpenter Technology Corp
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products.
It is a $19.2B industrial company. Revenue grew 8.6% over the last year, it keeps 17¢ of every dollar of sales as profit, and its net debt equals ~0.9 years of free cash flow. It trades at 36.1× earnings — around the middle of its own history.
- Website
- carpentertechnology.com
- Location
- Philadelphia, PA
- Employees
- 4 500
- Sector
- Industrials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability, health and quality; Valuation, Growth and Moat lag behind.
Valuation41
- P/E vs own history53th pct · 12/25
- FCF yield1.9% · 5/25
- P/S6.1x · 12/25
- EV/EBITDA23.3x · 12/25
Growth40
- Revenue CAGR14.2% · 20/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth28.6% · 20/25
Profitability85
- ROIC20.7% · 20/25
- ROE25.9% · 25/25
- Net margin17.0% · 20/25
- Operating margin22.0% · 20/25
Health95
- Altman Z9.94 · 25/25
- Current ratio3.81 · 25/25
- Interest coverage28.5x · 25/25
- Net cash / debtD/A 9% · 20/25
Quality84
- Piotroski F9/9 · 25/25
- Beneish M-2.57 · 25/25
- FCF conversion85% · 22/25
- Margin stabilityσ 9.9% · 12/25
Moat18
- ROIC >12% years3/11 yrs · 0/25
- Median gross margin15.8% · 0/25
- FCF-positive years9/11 yrs · 18/25
- Worst-year net marginworst -15.6% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$530M net income
- FY2016FinancialFirst recorded profitable year$11.3M net income
- FY2016FinancialRevenue already above $1B$1.81B in first reported year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Could repay net debt from ~0.8 years of free cash flow
- Interest covered 28.5× by operating earnings
- High returns on invested capital (ROIC 20.7%)
- Piotroski F-Score 9/9 — fundamentally strong checklist
- Altman Z-Score 9.94 — low bankruptcy-risk zone
Watch-outs
- Loss-making in 2 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+8.6% YoY
- Profitable — makes more than it spends$530M TTM
- Profit growing — earnings are higher than last year+109.3% YoY
- Generates cash — cash left after running and investing$362M TTM
- Debt under control — could handle its obligations~0.9y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$19.2B market cap
- Not printing shares — share count not ballooning — you keep your slice+4.2% shares over ~5y
- Proven track record — years of profitability behind it9/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 9.9 — safe
- Pays a dividend — returns cash to shareholdersyield 0.21%
- Valuation not extreme — price not wildly above earningsP/E 36.1
Peer comparisonCarpenter Technology Corp vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CRS this company | $19.2B | 36.1 | +8.6% | 17.0% | Strong |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: CRS vs LRCX · CRS vs CAT · CRS vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CRS
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CRS on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $387.71 · market cap $19.2B.