Carpenter Technology (CRS) Financials

$207.73 -4.19 (-1.98%)

Closing price 03:59 PM Eastern

Extended Trading

$204.78 -2.95 (-1.42%)

As of 07:29 PM Eastern

Annual Income Statements for Carpenter Technology

This table shows Carpenter Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Income / (Loss) Attributable to Common Shareholders	59	11	47	189	167	1.50	-230	-49	56	187
Consolidated Net Income / (Loss)	59	11	47	189	167	1.50	-230	-49	56	187
Net Income / (Loss) Continuing Operations	59	11	47	189	167	1.50	-230	-49	56	187
Total Pre-Tax Income	89	22	70	160	216	6.10	-298	-63	73	212
Total Operating Income	112	52	125	189	241	25	-249	-25	133	323
Total Gross Profit	318	256	301	382	445	329	1.00	150	337	584
Total Revenue	2,227	1,813	1,798	2,158	2,380	2,181	1,476	1,836	2,550	2,760
Operating Revenue	2,227	1,813	1,798	2,158	2,380	2,181	1,476	1,836	2,550	2,760
Total Cost of Revenue	1,908	1,558	1,497	1,775	1,935	1,852	1,475	1,687	2,213	2,175
Operating Cost of Revenue	1,908	1,558	1,497	1,775	1,935	1,852	1,475	1,687	2,213	2,175
Total Operating Expenses	207	204	176	193	203	304	250	175	204	261
Selling, General & Admin Expense	178	174	176	193	203	201	180	175	204	230
Impairment Charge	0.00	13	-	0.00	0.00	35	53	0.00	0.00	14
Restructuring Charge	29	18	-	0.00	0.00	69	17	0.00	0.00	17
Total Other Income / (Expense), net	-22	-30	-55	-29	-25	-19	-49	-38	-61	-112
Interest Expense	28	28	30	28	26	20	41	51	54	51
Other Income / (Expense), net	5.30	-2.10	-25	-0.80	0.60	0.60	-8.40	13	-6.50	-61
Income Tax Expense	30	10	23	-28	49	4.60	-68	-14	16	25
Basic Earnings per Share	$1.11	$0.23	$0.99	$3.96	$3.46	$0.02	($4.76)	($1.01)	$1.15	$3.75
Weighted Average Basic Shares Outstanding	52.60M	48.10M	47M	47.20M	47.70M	48.10M	48.30M	48.50M	48.80M	49.70M
Diluted Earnings per Share	$1.11	$0.23	$0.99	$3.92	$3.43	$0.02	($4.76)	($1.01)	$1.14	$3.70
Weighted Average Diluted Shares Outstanding	52.70M	48.20M	47.10M	47.60M	48.10M	48.20M	48.30M	48.50M	49.20M	50.30M
Weighted Average Basic & Diluted Shares Outstanding	52.90M	49.10M	47.50M	47.60M	47.66M	47.95M	48.07M	48.30M	48.85M	49.95M
Cash Dividends to Common per Share	$0.72	$0.72	$0.72	$0.72	$0.80	$0.80	$0.80	$0.80	$0.80	$0.80

This table shows Carpenter Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-6.90	6.20	19	39	44	43	6.30	94	85	84	95
Consolidated Net Income / (Loss)	-6.90	6.20	19	39	44	43	6.30	94	85	84	95
Net Income / (Loss) Continuing Operations	-6.90	6.20	19	39	44	43	6.30	94	85	84	95
Total Pre-Tax Income	-7.80	7.70	24	49	52	55	10	94	101	105	122
Total Operating Income	8.30	23	39	63	69	70	76	108	114	119	138
Total Gross Profit	55	70	94	119	124	123	147	191	176	178	201
Total Revenue	523	579	690	758	652	624	685	799	718	677	727
Operating Revenue	523	579	690	758	652	624	685	799	718	677	727
Total Cost of Revenue	468	509	597	639	528	502	538	608	541	499	526
Operating Cost of Revenue	468	509	597	639	528	502	538	608	541	499	526
Total Operating Expenses	47	47	54	56	55	53	71	82	63	59	63
Selling, General & Admin Expense	47	47	54	56	55	53	57	65	59	59	63
Impairment Charge	-	-	0.00	-	-	-	14	-	-	-	0.00
Restructuring Charge	-	-	-	-	0.00	0.00	-	-	3.60	0.00	0.00
Total Other Income / (Expense), net	-16	-15	-15	-14	-17	-15	-66	-14	-13	-14	-16
Interest Expense	13	13	15	14	13	13	13	12	12	12	12
Other Income / (Expense), net	-3.50	-1.90	-0.80	-0.30	-4.00	-1.60	-53	-2.00	-0.10	-1.60	-3.80
Income Tax Expense	-0.90	1.50	5.40	10	8.40	13	3.80	0.40	16	21	27
Basic Earnings per Share	($0.14)	$0.13	$0.38	$0.78	$0.89	$0.86	$0.12	$1.88	$1.69	$1.68	$1.90
Weighted Average Basic Shares Outstanding	48.70M	48.80M	48.80M	48.80M	49.20M	49.70M	49.70M	49.70M	50.10M	50.20M	50.20M
Diluted Earnings per Share	($0.14)	$0.13	$0.38	$0.77	$0.88	$0.85	$0.12	$1.85	$1.67	$1.66	$1.88
Weighted Average Diluted Shares Outstanding	48.70M	49M	49.20M	49.20M	49.90M	50.20M	50.30M	50.30M	50.70M	50.70M	50.70M
Weighted Average Basic & Diluted Shares Outstanding	48.44M	48.51M	48.55M	48.85M	49.31M	49.41M	49.61M	49.95M	49.84M	49.95M	49.78M
Cash Dividends to Common per Share	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20

This table details how cash moves in and out of Carpenter Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Change in Cash & Equivalents	-50	12	-16	-10	-29	166	94	-133	-110	155
Net Cash From Operating Activities	283	257	130	209	232	232	250	6.00	15	275
Net Cash From Continuing Operating Activities	283	257	130	209	232	232	250	6.00	15	275
Net Income / (Loss) Continuing Operations	59	11	47	189	167	1.50	-230	-49	56	187
Consolidated Net Income / (Loss)	59	11	47	189	167	1.50	-230	-49	56	187
Depreciation Expense	122	119	118	117	122	124	124	131	131	135
Non-Cash Adjustments To Reconcile Net Income	58	102	64	31	16	145	166	9.80	35	128
Changes in Operating Assets and Liabilities, net	43	25	-98	-127	-72	-39	190	-86	-208	-174
Net Cash From Investing Activities	-170	-83	-112	-139	-245	-171	-79	-89	-82	-96
Net Cash From Continuing Investing Activities	-170	-83	-112	-139	-245	-171	-79	-89	-82	-96
Purchase of Property, Plant & Equipment	-171	-95	-99	-135	-180	-171	-101	-91	-82	-97
Sale of Property, Plant & Equipment	0.20	1.40	2.50	1.90	0.40	0.20	1.60	2.20	0.00	0.70
Net Cash From Financing Activities	-159	-164	-34	-79	-19	108	-76	-53	-40	-23
Net Cash From Continuing Financing Activities	-159	-164	-34	-79	-19	108	-76	-53	-40	-23
Repayment of Debt	-545	-82	-124	-55	-164	-181	-261	-307	-186	-63
Payment of Dividends	-38	-35	-34	-34	-39	-39	-39	-39	-39	-40
Issuance of Debt	545	77	122	0.00	184	331	226	297	184	63
Other Financing Activities, net	3.00	0.00	1.70	11	-0.50	-3.70	-1.80	-3.40	1.20	17
Effect of Exchange Rate Changes	-3.20	0.80	-	-1.00	-	-	-0.70	-	-2.00	-1.10

This table details how cash moves in and out of Carpenter Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-102	-33	2.30	22	-26	-2.40	38	146	-49	12	-11
Net Cash From Operating Activities	-78	-87	4.30	175	7.40	15	84	170	40	68	74
Net Cash From Continuing Operating Activities	-78	-87	4.30	175	7.40	15	84	170	40	68	74
Net Income / (Loss) Continuing Operations	-6.90	6.30	19	38	44	43	6.30	94	85	84	95
Consolidated Net Income / (Loss)	-6.90	6.30	19	38	44	43	6.30	94	85	84	95
Depreciation Expense	32	33	33	34	33	34	34	34	34	34	36
Non-Cash Adjustments To Reconcile Net Income	8.60	7.50	7.30	12	11	10	79	28	13	11	12
Changes in Operating Assets and Liabilities, net	-112	-133	-54	91	-80	-72	-35	14	-91	-61	-69
Net Cash From Investing Activities	-14	-18	-21	-31	-22	-25	-22	-27	-27	-29	-40
Net Cash From Continuing Investing Activities	-14	-18	-21	-31	-22	-25	-22	-27	-27	-29	-40
Purchase of Property, Plant & Equipment	-14	-18	-21	-31	-22	-25	-22	-28	-27	-29	-40
Net Cash From Financing Activities	-13	71	19	-117	-13	8.40	-24	5.00	-61	-28	-44
Net Cash From Continuing Financing Activities	-13	71	19	-117	-13	8.40	-24	5.00	-61	-28	-44
Repurchase of Common Equity	-	-	-	-	0.00	-	-	-	-32	-8.20	-38
Payment of Dividends	-9.80	-9.90	-9.80	-9.90	-9.90	-9.90	-10	-10	-10	-10	-10
Other Financing Activities, net	-3.20	-0.20	1.40	3.20	-3.00	4.40	0.20	15	-19	-9.30	3.70

This table presents Carpenter Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Total Assets	2,903	2,794	2,878	3,007	3,188	3,227	2,971	2,932	3,054	3,292
Total Current Assets	1,070	1,011	1,094	1,179	1,236	1,266	1,117	1,119	1,282	1,591
Cash & Equivalents	70	82	66	56	27	193	287	154	45	199
Accounts Receivable	304	254	290	379	384	292	309	382	531	563
Inventories, net	656	629	690	689	788	724	426	496	640	735
Other Current Assets	37	46	47	55	37	57	96	87	66	94
Plant, Property, & Equipment, net	1,397	1,351	1,317	1,313	1,366	1,498	1,458	1,421	1,384	1,335
Total Noncurrent Assets	435	432	468	515	585	463	396	392	388	365
Goodwill	257	245	263	269	326	290	241	241	241	227
Intangible Assets	72	63	65	63	67	52	43	35	29	15
Noncurrent Deferred & Refundable Income Taxes	0.00	8.20	7.60	4.30	4.20	4.90	5.30	5.70	6.60	7.50
Other Noncurrent Operating Assets	106	116	132	179	188	115	107	110	112	115
Total Liabilities & Shareholders' Equity	2,903	2,794	2,878	3,007	3,188	3,227	2,971	2,932	3,054	3,292
Total Liabilities	1,577	1,689	1,680	1,521	1,668	1,782	1,579	1,602	1,658	1,663
Total Current Liabilities	322	299	396	363	416	452	306	376	459	466
Accounts Payable	170	160	201	215	239	124	142	242	278	264
Accrued Expenses	153	139	140	149	158	158	164	134	181	202
Total Noncurrent Liabilities	1,255	1,391	1,284	1,158	1,252	1,329	1,273	1,226	1,198	1,197
Long-Term Debt	604	611	550	546	551	552	695	692	693	694
Noncurrent Deferred & Payable Income Tax Liabilities	147	102	185	162	143	130	157	162	170	174
Noncurrent Employee Benefit Liabilities	445	626	501	397	493	537	321	274	236	229
Other Noncurrent Operating Liabilities	59	51	48	54	65	111	100	98	99	100
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,326	1,105	1,199	1,486	1,520	1,446	1,392	1,331	1,396	1,629
Total Preferred & Common Equity	1,326	1,105	1,199	1,486	1,520	1,446	1,392	1,331	1,396	1,629
Total Common Equity	1,326	1,105	1,199	1,486	1,520	1,446	1,392	1,331	1,396	1,629
Common Stock	543	550	562	589	599	602	603	600	609	638
Retained Earnings	1,332	1,309	1,322	1,476	1,605	1,568	1,299	1,211	1,228	1,375
Treasury Stock	-221	-344	-342	-339	-333	-326	-317	-307	-298	-289
Accumulated Other Comprehensive Income / (Loss)	-328	-410	-343	-240	-352	-398	-192	-174	-143	-94

This table presents Carpenter Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2022	9/30/2022	12/31/2022	3/31/2023	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025
Total Assets	3,230	2,940	3,057	3,094	3,077	3,159	3,176	3,255	3,327	3,362
Total Current Assets	1,400	1,152	1,283	1,333	1,322	1,410	1,453	1,560	1,640	1,666
Cash & Equivalents	394	53	20	22	18	16	54	150	162	152
Accounts Receivable	336	390	442	516	511	508	521	569	565	603
Inventories, net	527	616	723	710	707	798	796	749	812	825
Other Current Assets	143	93	99	84	86	88	82	92	101	86
Plant, Property, & Equipment, net	1,426	1,402	1,391	1,384	1,371	1,364	1,351	1,330	1,325	1,337
Total Noncurrent Assets	405	386	383	378	384	385	372	365	361	359
Goodwill	241	241	241	241	241	241	227	227	227	227
Intangible Assets	38	33	32	30	27	25	24	14	12	11
Noncurrent Deferred & Refundable Income Taxes	5.60	5.10	5.20	5.30	6.60	6.70	6.70	7.60	7.60	7.70
Other Noncurrent Operating Assets	120	107	104	101	109	111	114	116	114	113
Total Liabilities & Shareholders' Equity	3,230	2,940	3,057	3,094	3,077	3,159	3,176	3,255	3,327	3,362
Total Liabilities	1,883	1,633	1,735	1,767	1,648	1,685	1,674	1,595	1,610	1,580
Total Current Liabilities	634	411	510	544	449	486	453	406	432	444
Accounts Payable	214	288	305	288	316	313	275	273	267	258
Accrued Expenses	120	123	124	147	133	158	178	133	165	186
Total Noncurrent Liabilities	1,249	1,222	1,225	1,223	1,199	1,200	1,220	1,189	1,178	1,136
Long-Term Debt	691	692	692	693	693	694	694	695	695	695
Noncurrent Deferred & Payable Income Tax Liabilities	149	158	162	160	173	169	168	171	167	164
Noncurrent Employee Benefit Liabilities	307	276	278	279	235	238	259	223	221	181
Other Noncurrent Operating Liabilities	102	96	93	91	98	99	99	100	95	96
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,347	1,307	1,321	1,327	1,429	1,474	1,503	1,660	1,717	1,782
Total Preferred & Common Equity	1,347	1,307	1,321	1,327	1,429	1,474	1,503	1,660	1,717	1,782
Total Common Equity	1,347	1,307	1,321	1,327	1,429	1,474	1,503	1,660	1,717	1,782
Common Stock	599	594	595	600	603	611	616	628	624	634
Retained Earnings	1,218	1,194	1,191	1,200	1,262	1,295	1,291	1,449	1,523	1,609
Treasury Stock	-308	-301	-298	-298	-290	-290	-290	-326	-334	-371
Accumulated Other Comprehensive Income / (Loss)	-162	-181	-167	-174	-146	-142	-115	-91	-96	-90

This table displays calculated financial ratios and metrics derived from Carpenter Technology's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.47%	-18.56%	-0.87%	20.03%	10.31%	-8.36%	-32.35%	24.44%	38.88%	8.21%
EBITDA Growth	-26.50%	-29.40%	29.03%	40.08%	19.14%	-58.79%	-189.05%	189.36%	116.11%	54.19%
EBIT Growth	-45.27%	-57.62%	102.02%	88.50%	28.38%	-89.30%	-1,092.28%	95.25%	1,137.70%	107.43%
NOPAT Growth	-48.76%	-63.08%	207.85%	166.79%	-16.21%	-96.67%	-2,897.16%	89.98%	694.05%	175.03%
Net Income Growth	-55.80%	-80.75%	315.93%	301.06%	-11.41%	-99.10%	-15,406.67%	78.62%	214.87%	230.67%
EPS Growth	-55.06%	-79.28%	330.43%	295.96%	-12.50%	-99.42%	-23,900.00%	78.78%	212.87%	224.56%
Operating Cash Flow Growth	17.95%	-8.92%	-49.38%	60.55%	11.09%	-0.26%	7.85%	-97.60%	145.00%	1,770.07%
Free Cash Flow Firm Growth	203.53%	24.84%	-107.76%	21.68%	742.20%	-3.46%	-98.97%	-8,888.78%	15.29%	381.64%
Invested Capital Growth	-6.48%	-12.13%	6.31%	13.71%	4.45%	-4.31%	-8.86%	3.82%	9.45%	3.88%
Revenue Q/Q Growth	-2.05%	-5.24%	2.86%	5.39%	1.00%	-8.56%	-1.05%	8.39%	8.26%	1.49%
EBITDA Q/Q Growth	-7.86%	-6.27%	7.24%	5.10%	2.65%	-58.50%	35.87%	405.08%	17.52%	12.49%
EBIT Q/Q Growth	-14.93%	-16.10%	17.65%	8.27%	3.51%	-89.13%	22.43%	88.59%	42.57%	20.02%
NOPAT Q/Q Growth	-16.90%	-27.59%	55.58%	-6.52%	2.84%	-96.69%	23.74%	79.30%	56.11%	29.75%
Net Income Q/Q Growth	-21.00%	-40.53%	29.48%	10.11%	3.79%	-99.11%	21.07%	54.87%	175.12%	41.93%
EPS Q/Q Growth	-18.98%	-32.35%	25.32%	9.80%	3.63%	-99.42%	20.93%	55.31%	159.09%	41.22%
Operating Cash Flow Q/Q Growth	15.82%	-5.16%	-16.74%	13.26%	32.27%	-14.18%	-19.95%	122.73%	127.63%	-1.93%
Free Cash Flow Firm Q/Q Growth	285.51%	16.87%	-121.35%	-120.21%	191.66%	-38.37%	-99.48%	56.28%	23.82%	12.48%
Invested Capital Q/Q Growth	-6.09%	-9.29%	-1.47%	2.59%	-6.83%	-12.17%	-1.74%	-3.91%	-2.92%	-0.89%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	14.29%	14.11%	16.73%	17.72%	18.69%	15.10%	0.07%	8.16%	13.23%	21.17%
EBITDA Margin	10.74%	9.31%	12.12%	14.14%	15.27%	6.87%	-9.04%	6.49%	10.10%	14.39%
Operating Margin	5.01%	2.85%	6.94%	8.77%	10.14%	1.16%	-16.85%	-1.36%	5.22%	11.71%
EBIT Margin	5.25%	2.73%	5.56%	8.74%	10.17%	1.19%	-17.42%	-0.66%	4.96%	9.52%
Profit (Net Income) Margin	2.64%	0.62%	2.61%	8.74%	7.02%	0.07%	-15.56%	-2.67%	2.21%	6.76%
Tax Burden Percent	65.88%	52.56%	66.95%	117.67%	77.31%	24.59%	77.07%	77.81%	77.79%	88.14%
Interest Burden Percent	76.28%	43.43%	70.20%	84.99%	89.26%	23.55%	115.91%	517.21%	57.27%	80.58%
Effective Tax Rate	34.12%	47.44%	33.05%	-17.67%	22.69%	75.41%	0.00%	0.00%	22.21%	11.86%
Return on Invested Capital (ROIC)	3.82%	1.55%	4.95%	12.00%	9.24%	0.31%	-9.22%	-0.95%	5.29%	13.66%
ROIC Less NNEP Spread (ROIC-NNEP)	0.92%	-1.42%	-1.88%	5.34%	5.44%	-0.57%	-21.10%	-7.66%	-2.66%	-3.52%
Return on Net Nonoperating Assets (RNNOA)	0.33%	-0.62%	-0.87%	2.04%	1.87%	-0.21%	-6.96%	-2.66%	-1.16%	-1.33%
Return on Equity (ROE)	4.15%	0.93%	4.08%	14.04%	11.11%	0.10%	-16.18%	-3.61%	4.14%	12.33%
Cash Return on Invested Capital (CROIC)	10.52%	14.46%	-1.16%	-0.83%	4.88%	4.72%	0.05%	-4.70%	-3.73%	9.86%
Operating Return on Assets (OROA)	3.92%	1.74%	3.53%	6.41%	7.81%	0.81%	-8.29%	-0.41%	4.23%	8.28%
Return on Assets (ROA)	1.97%	0.40%	1.66%	6.41%	5.39%	0.05%	-7.41%	-1.66%	1.88%	5.88%
Return on Common Equity (ROCE)	4.15%	0.93%	4.08%	14.04%	11.11%	0.10%	-16.18%	-3.61%	4.14%	12.33%
Return on Equity Simple (ROE_SIMPLE)	4.43%	1.02%	3.92%	12.69%	10.99%	0.10%	-16.49%	-3.69%	4.04%	11.45%
Net Operating Profit after Tax (NOPAT)	73	27	83	223	187	6.22	-174	-17	104	285
NOPAT Margin	3.30%	1.50%	4.64%	10.32%	7.84%	0.29%	-11.79%	-0.95%	4.06%	10.32%
Net Nonoperating Expense Percent (NNEP)	2.90%	2.98%	6.83%	6.66%	3.80%	0.88%	11.88%	6.70%	7.95%	17.19%
Cost of Revenue to Revenue	85.71%	85.89%	83.27%	82.28%	81.31%	84.90%	99.93%	91.84%	86.77%	78.83%
SG&A Expenses to Revenue	7.98%	9.58%	9.80%	8.94%	8.55%	9.22%	12.21%	9.51%	8.01%	8.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.29%	11.27%	9.80%	8.94%	8.55%	13.94%	16.92%	9.51%	8.01%	9.46%
Earnings before Interest and Taxes (EBIT)	117	50	100	189	242	26	-257	-12	127	263
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	239	169	218	305	364	150	-133	119	258	397
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.23	1.18	1.27	1.46	1.34	0.74	1.31	0.98	1.93	3.34
Price to Tangible Book Value (P/TBV)	1.63	1.64	1.75	1.89	1.81	0.96	1.65	1.24	2.39	3.92
Price to Revenue (P/Rev)	0.73	0.72	0.85	1.01	0.86	0.49	1.24	0.71	1.06	1.97
Price to Earnings (P/E)	27.73	115.79	32.32	11.54	12.19	708.76	0.00	0.00	47.72	29.15
Dividend Yield	2.23%	3.20%	2.22%	1.55%	1.86%	3.60%	2.10%	2.96%	1.44%	0.91%
Earnings Yield	3.61%	0.86%	3.09%	8.66%	8.20%	0.14%	0.00%	0.00%	2.10%	3.43%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.12	1.18	1.35	1.25	0.81	1.24	0.99	1.63	2.79
Enterprise Value to Revenue (EV/Rev)	0.97	1.01	1.14	1.24	1.08	0.73	1.51	1.00	1.31	2.15
Enterprise Value to EBITDA (EV/EBITDA)	9.04	10.89	9.45	8.74	7.10	10.63	0.00	15.47	12.97	14.93
Enterprise Value to EBIT (EV/EBIT)	18.51	37.13	20.58	14.14	10.66	61.46	0.00	0.00	26.38	22.59
Enterprise Value to NOPAT (EV/NOPAT)	29.43	67.76	24.65	11.97	13.82	255.87	0.00	0.00	32.26	20.83
Enterprise Value to Operating Cash Flow (EV/OCF)	7.65	7.14	15.79	12.74	11.10	6.87	8.94	307.29	227.20	21.58
Enterprise Value to Free Cash Flow (EV/FCFF)	10.68	7.27	0.00	0.00	26.15	16.72	2,280.31	0.00	0.00	28.87
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.46	0.55	0.50	0.37	0.38	0.50	0.50	0.52	0.50	0.43
Long-Term Debt to Equity	0.46	0.55	0.46	0.37	0.36	0.38	0.50	0.52	0.50	0.43
Financial Leverage	0.36	0.44	0.46	0.38	0.34	0.36	0.33	0.35	0.44	0.38
Leverage Ratio	2.11	2.34	2.46	2.19	2.06	2.16	2.18	2.17	2.20	2.10
Compound Leverage Factor	1.61	1.02	1.73	1.86	1.84	0.51	2.53	11.21	1.26	1.69
Debt to Total Capital	31.29%	35.62%	33.54%	26.86%	27.28%	33.30%	33.28%	34.21%	33.17%	29.88%
Short-Term Debt to Total Capital	0.00%	0.00%	3.05%	0.00%	0.94%	7.84%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	31.29%	35.62%	30.49%	26.86%	26.34%	25.46%	33.28%	34.21%	33.17%	29.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	68.71%	64.38%	66.46%	73.14%	72.72%	66.70%	66.72%	65.79%	66.83%	70.12%
Debt to EBITDA	2.53	3.62	2.78	1.79	1.57	4.82	-5.21	5.80	2.69	1.75
Net Debt to EBITDA	2.23	3.14	2.47	1.60	1.49	3.53	-3.05	4.51	2.52	1.25
Long-Term Debt to EBITDA	2.53	3.62	2.53	1.79	1.51	3.68	-5.21	5.80	2.69	1.75
Debt to NOPAT	8.22	22.54	7.25	2.45	3.06	116.02	-3.99	-39.69	6.69	2.44
Net Debt to NOPAT	7.27	19.52	6.45	2.20	2.91	84.98	-2.34	-30.84	6.26	1.74
Long-Term Debt to NOPAT	8.22	22.54	6.59	2.45	2.95	88.70	-3.99	-39.69	6.69	2.44
Altman Z-Score	2.47	2.13	2.22	2.80	2.74	2.04	1.85	1.98	2.83	4.06
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.32	3.38	2.76	3.24	2.97	2.80	3.65	2.98	2.79	3.41
Quick Ratio	1.16	1.12	0.90	1.20	0.99	1.07	1.95	1.43	1.25	1.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	202	253	-20	-15	99	95	0.98	-86	-73	205
Operating Cash Flow to CapEx	165.94%	274.41%	135.73%	157.18%	129.18%	135.40%	252.78%	6.73%	17.86%	286.65%
Free Cash Flow to Firm to Interest Expense	7.31	9.02	-0.66	-0.54	3.79	4.81	0.02	-1.69	-1.35	4.03
Operating Cash Flow to Interest Expense	10.20	9.19	4.37	7.39	8.94	11.71	6.11	0.12	0.27	5.39
Operating Cash Flow Less CapEx to Interest Expense	4.05	5.84	1.15	2.69	2.02	3.06	3.69	-1.63	-1.25	3.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.75	0.64	0.63	0.73	0.77	0.68	0.48	0.62	0.85	0.87
Accounts Receivable Turnover	6.92	6.50	6.61	6.45	6.24	6.45	4.91	5.31	5.58	5.05
Inventory Turnover	2.82	2.43	2.27	2.57	2.62	2.45	2.56	3.66	3.90	3.16
Fixed Asset Turnover	1.59	1.32	1.35	1.64	1.78	1.52	1.00	1.28	1.82	2.03
Accounts Payable Turnover	8.53	9.47	8.30	8.54	8.54	10.21	11.06	8.77	8.51	8.03
Days Sales Outstanding (DSO)	52.76	56.13	55.23	56.58	58.47	56.60	74.33	68.67	65.38	72.34
Days Inventory Outstanding (DIO)	129.58	150.51	160.83	141.81	139.27	149.02	142.33	99.75	93.67	115.36
Days Payable Outstanding (DPO)	42.80	38.56	43.98	42.74	42.75	35.77	33.00	41.61	42.90	45.47
Cash Conversion Cycle (CCC)	139.53	168.08	172.08	155.65	154.98	169.85	183.66	126.82	116.14	142.23
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,860	1,634	1,737	1,975	2,063	1,974	1,799	1,868	2,045	2,124
Invested Capital Turnover	1.16	1.04	1.07	1.16	1.18	1.08	0.78	1.00	1.30	1.32
Increase / (Decrease) in Invested Capital	-129	-226	103	238	88	-89	-175	69	177	79
Enterprise Value (EV)	2,162	1,838	2,058	2,665	2,580	1,592	2,235	1,844	3,340	5,931
Market Capitalization	1,628	1,308	1,519	2,176	2,036	1,063	1,828	1,306	2,691	5,436
Book Value per Share	$26.31	$23.72	$25.64	$31.66	$32.08	$30.24	$28.99	$27.56	$28.76	$32.83
Tangible Book Value per Share	$19.78	$17.11	$18.62	$24.59	$23.77	$23.08	$23.06	$21.83	$23.19	$27.94
Total Capital	1,930	1,716	1,804	2,032	2,090	2,168	2,087	2,022	2,089	2,323
Total Debt	604	611	605	546	570	722	695	692	693	694
Total Long-Term Debt	604	611	550	546	551	552	695	692	693	694
Net Debt	534	529	539	490	543	529	407	538	649	495
Capital Expenditures (CapEx)	170	94	96	133	180	171	99	89	82	96
Debt-free, Cash-free Net Working Capital (DFCFNWC)	678	630	686	759	813	791	524	590	778	926
Debt-free Net Working Capital (DFNWC)	748	712	753	816	840	984	811	744	823	1,125
Net Working Capital (NWC)	748	712	698	816	820	814	811	744	823	1,125
Net Nonoperating Expense (NNE)	15	16	36	34	20	4.72	56	32	47	98
Net Nonoperating Obligations (NNO)	534	529	539	490	543	529	407	538	649	495
Total Depreciation and Amortization (D&A)	122	119	118	117	122	124	124	131	131	135
Debt-free, Cash-free Net Working Capital to Revenue	30.46%	34.74%	38.18%	35.19%	34.15%	36.27%	35.49%	32.11%	30.51%	33.55%
Debt-free Net Working Capital to Revenue	33.61%	39.26%	41.87%	37.79%	35.29%	45.12%	54.97%	40.51%	32.25%	40.76%
Net Working Capital to Revenue	33.61%	39.26%	38.81%	37.79%	34.46%	37.33%	54.97%	40.51%	32.25%	40.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	$0.23	$0.99	$3.96	$3.46	$0.02	($4.76)	($1.01)	$1.15	$3.75
Adjusted Weighted Average Basic Shares Outstanding	52.60M	48.10M	47M	47.20M	47.70M	48.10M	48.30M	48.50M	48.80M	49.70M
Adjusted Diluted Earnings per Share	$1.11	$0.23	$0.99	$3.92	$3.43	$0.02	($4.76)	($1.01)	$1.14	$3.70
Adjusted Weighted Average Diluted Shares Outstanding	52.70M	48.20M	47.10M	47.60M	48.10M	48.20M	48.30M	48.50M	49.20M	50.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	49.54M	46.61M	46.76M	47.26M	47.66M	47.95M	48.07M	48.30M	48.85M	49.95M
Normalized Net Operating Profit after Tax (NOPAT)	93	43	83	133	187	90	-125	-17	104	312
Normalized NOPAT Margin	4.16%	2.38%	4.64%	6.14%	7.84%	4.12%	-8.50%	-0.95%	4.06%	11.31%
Pre Tax Income Margin	4.00%	1.19%	3.91%	7.42%	9.07%	0.28%	-20.19%	-3.44%	2.84%	7.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.22	1.77	3.36	6.66	9.31	1.31	-6.28	-0.24	2.34	5.15
NOPAT to Interest Expense	2.65	0.97	2.80	7.87	7.18	0.31	-4.25	-0.34	1.91	5.58
EBIT Less CapEx to Interest Expense	-1.93	-1.58	0.13	1.96	2.39	-7.34	-8.70	-1.99	0.82	3.27
NOPAT Less CapEx to Interest Expense	-3.50	-2.38	-0.42	3.17	0.26	-8.33	-6.67	-2.09	0.39	3.70
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	64.57%	307.96%	72.55%	18.25%	23.11%	2,586.67%	-17.03%	-79.84%	69.86%	21.45%
Augmented Payout Ratio	276.66%	1,404.42%	72.55%	18.25%	23.11%	2,586.67%	-17.03%	-79.84%	69.86%	21.45%

This table displays calculated financial ratios and metrics derived from Carpenter Technology's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	34.91%	46.24%	41.12%	34.50%	24.67%	7.79%	-0.75%	5.34%	10.08%	8.44%	6.15%
EBITDA Growth	112.00%	573.42%	97.23%	66.55%	164.42%	91.35%	-19.80%	45.89%	50.15%	48.92%	196.85%
EBIT Growth	132.00%	183.13%	1,227.59%	152.42%	1,254.17%	229.47%	-40.26%	69.97%	74.62%	71.99%	482.61%
NOPAT Growth	143.46%	182.53%	3,855.52%	320.69%	896.86%	196.71%	55.44%	116.62%	64.52%	76.21%	127.60%
Net Income Growth	53.38%	121.09%	348.00%	1,380.77%	736.23%	588.71%	-66.13%	143.12%	93.17%	96.96%	1,414.29%
EPS Growth	54.84%	121.31%	337.50%	1,000.00%	728.57%	553.85%	-68.42%	140.26%	89.77%	95.29%	1,466.67%
Operating Cash Flow Growth	-65.96%	3.14%	-87.82%	63.46%	109.49%	116.76%	1,841.86%	-3.09%	443.24%	368.28%	-11.14%
Free Cash Flow Firm Growth	-560.36%	36.64%	-17.51%	-122.80%	-9.85%	70.55%	108.01%	122.61%	95.20%	130.19%	-807.02%
Invested Capital Growth	5.25%	7.43%	8.34%	9.45%	8.13%	4.38%	1.75%	3.88%	4.76%	3.88%	8.51%
Revenue Q/Q Growth	-7.24%	10.75%	19.17%	9.87%	-14.02%	-4.25%	9.72%	16.62%	-10.15%	-5.67%	7.40%
EBITDA Q/Q Growth	-35.70%	43.40%	33.83%	34.97%	2.08%	3.77%	-43.91%	145.53%	5.06%	2.92%	11.81%
EBIT Q/Q Growth	-80.65%	331.25%	85.99%	62.60%	3.83%	4.92%	-66.28%	362.61%	6.67%	3.35%	14.24%
NOPAT Q/Q Growth	-50.95%	213.21%	67.37%	63.60%	16.24%	-6.78%	-12.32%	127.99%	-11.72%	-0.15%	13.26%
Net Income Q/Q Growth	-365.38%	189.86%	200.00%	106.99%	14.03%	-2.73%	-85.25%	1,385.71%	-9.40%	-0.83%	13.44%
EPS Q/Q Growth	-300.00%	192.86%	192.31%	102.63%	14.29%	-3.41%	-85.88%	1,441.67%	-9.73%	-0.60%	13.25%
Operating Cash Flow Q/Q Growth	-172.90%	-10.90%	104.97%	3,967.44%	-95.77%	95.95%	475.86%	102.99%	-76.28%	68.91%	9.28%
Free Cash Flow Firm Q/Q Growth	-60.56%	-37.26%	-5.06%	3.78%	20.83%	63.20%	128.57%	171.62%	-116.81%	331.40%	-769.01%
Invested Capital Q/Q Growth	4.19%	6.60%	1.52%	-2.92%	2.93%	2.90%	-1.04%	-0.89%	3.80%	2.04%	3.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	10.48%	12.09%	13.55%	15.70%	19.04%	19.64%	21.46%	23.86%	24.57%	26.22%	27.62%
EBITDA Margin	7.10%	9.19%	10.32%	12.67%	15.05%	16.31%	8.34%	17.55%	20.53%	22.40%	23.32%
Operating Margin	1.59%	3.90%	5.69%	8.30%	10.58%	11.18%	11.08%	13.57%	15.83%	17.57%	18.95%
EBIT Margin	0.92%	3.57%	5.58%	8.26%	9.97%	10.93%	3.36%	13.32%	15.82%	17.33%	18.43%
Profit (Net Income) Margin	-1.32%	1.07%	2.70%	5.08%	6.73%	6.84%	0.92%	11.72%	11.82%	12.42%	13.12%
Tax Burden Percent	88.46%	80.52%	77.50%	79.22%	83.94%	77.36%	62.38%	99.57%	83.88%	80.02%	78.20%
Interest Burden Percent	-162.50%	37.20%	62.34%	77.64%	80.46%	80.94%	43.91%	88.35%	89.07%	89.60%	91.04%
Effective Tax Rate	0.00%	19.48%	22.50%	20.78%	16.06%	22.64%	37.62%	0.43%	16.12%	19.98%	21.80%
Return on Invested Capital (ROIC)	1.15%	3.38%	5.13%	8.57%	11.75%	11.12%	8.85%	17.89%	17.41%	18.32%	19.37%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.11%	1.61%	3.41%	6.66%	9.62%	9.55%	3.06%	15.39%	15.69%	16.52%	17.29%
Return on Net Nonoperating Assets (RNNOA)	-0.47%	0.82%	1.75%	2.90%	4.62%	4.94%	1.54%	5.82%	6.19%	6.34%	6.23%
Return on Equity (ROE)	0.69%	4.20%	6.89%	11.46%	16.38%	16.06%	10.38%	23.71%	23.61%	24.67%	25.61%
Cash Return on Invested Capital (CROIC)	-5.02%	-5.19%	-4.73%	-3.73%	-0.08%	4.78%	8.60%	9.86%	10.26%	12.55%	10.00%
Operating Return on Assets (OROA)	0.61%	2.59%	4.16%	7.03%	8.88%	9.58%	2.91%	11.59%	14.12%	15.38%	16.47%
Return on Assets (ROA)	-0.88%	0.78%	2.01%	4.33%	6.00%	6.00%	0.80%	10.19%	10.55%	11.03%	11.72%
Return on Common Equity (ROCE)	0.69%	4.20%	6.89%	11.46%	16.38%	16.06%	10.38%	23.71%	23.61%	24.67%	25.61%
Return on Equity Simple (ROE_SIMPLE)	-3.15%	-0.42%	1.54%	0.00%	7.50%	9.75%	8.74%	0.00%	13.70%	15.66%	20.09%
Net Operating Profit after Tax (NOPAT)	5.81	18	30	50	58	54	47	108	95	95	108
NOPAT Margin	1.11%	3.14%	4.41%	6.57%	8.88%	8.65%	6.91%	13.51%	13.28%	14.06%	14.82%
Net Nonoperating Expense Percent (NNEP)	2.27%	1.78%	1.72%	1.91%	2.13%	1.56%	5.78%	2.51%	1.72%	1.80%	2.09%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	2.48%	-	-	-	3.95%	4.35%
Cost of Revenue to Revenue	89.52%	87.91%	86.45%	84.30%	80.96%	80.36%	78.54%	76.14%	75.43%	73.78%	72.38%
SG&A Expenses to Revenue	8.89%	8.19%	7.85%	7.40%	8.45%	8.46%	8.32%	8.18%	8.24%	8.66%	8.67%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.89%	8.19%	7.85%	7.40%	8.45%	8.46%	10.38%	10.29%	8.74%	8.66%	8.67%
Earnings before Interest and Taxes (EBIT)	4.80	21	39	63	65	68	23	106	114	117	134
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	37	53	71	96	98	102	57	140	147	152	170
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.12	1.33	1.61	1.93	2.27	2.35	2.34	3.34	4.79	4.92	5.07
Price to Tangible Book Value (P/TBV)	1.42	1.67	2.02	2.39	2.79	2.87	2.81	3.92	5.61	5.72	5.86
Price to Revenue (P/Rev)	0.74	0.81	0.91	1.06	1.21	1.27	1.29	1.97	2.82	2.94	3.10
Price to Earnings (P/E)	0.00	0.00	104.21	47.72	30.27	24.07	26.79	29.15	35.01	31.44	25.26
Dividend Yield	3.30%	2.21%	1.82%	1.44%	1.20%	1.14%	1.12%	0.91%	0.50%	0.47%	0.44%
Earnings Yield	0.00%	0.00%	0.96%	2.10%	3.30%	4.16%	3.73%	3.43%	2.86%	3.18%	3.96%
Enterprise Value to Invested Capital (EV/IC)	1.08	1.21	1.38	1.63	1.86	1.92	1.94	2.79	3.86	3.99	4.12
Enterprise Value to Revenue (EV/Rev)	1.07	1.16	1.24	1.31	1.46	1.52	1.53	2.15	3.01	3.12	3.28
Enterprise Value to EBITDA (EV/EBITDA)	15.17	13.62	13.30	12.97	12.30	11.30	11.78	14.93	19.05	18.10	15.75
Enterprise Value to EBIT (EV/EBIT)	277.01	47.13	32.83	26.38	20.99	17.71	19.01	22.59	27.34	24.94	20.34
Enterprise Value to NOPAT (EV/NOPAT)	1,203.02	63.28	43.95	32.26	25.02	21.58	18.96	20.83	26.49	24.88	23.61
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	227.20	39.16	20.64	14.84	21.58	27.64	24.88	27.24
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	40.93	22.77	28.87	38.48	32.42	42.88
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.53	0.59	0.60	0.50	0.49	0.48	0.46	0.43	0.42	0.40	0.39
Long-Term Debt to Equity	0.53	0.52	0.52	0.50	0.49	0.47	0.46	0.43	0.42	0.40	0.39
Financial Leverage	0.42	0.51	0.51	0.44	0.48	0.52	0.50	0.38	0.39	0.38	0.36
Leverage Ratio	2.21	2.24	2.36	2.20	2.20	2.22	2.22	2.10	2.05	2.03	1.99
Compound Leverage Factor	-3.58	0.83	1.47	1.70	1.77	1.80	0.97	1.85	1.83	1.82	1.81
Debt to Total Capital	34.62%	36.93%	37.65%	33.17%	32.66%	32.43%	31.59%	29.88%	29.49%	28.81%	28.06%
Short-Term Debt to Total Capital	0.00%	3.88%	5.10%	0.00%	0.00%	0.64%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	34.62%	33.05%	32.54%	33.17%	32.66%	31.80%	31.59%	29.88%	29.49%	28.81%	28.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	65.38%	63.07%	62.35%	66.83%	67.34%	67.57%	68.41%	70.12%	70.51%	71.19%	71.94%
Debt to EBITDA	4.99	4.20	3.66	2.69	2.18	1.93	1.97	1.75	1.56	1.40	1.14
Net Debt to EBITDA	4.61	4.09	3.55	2.52	2.12	1.88	1.81	1.25	1.22	1.07	0.89
Long-Term Debt to EBITDA	4.99	3.76	3.16	2.69	2.18	1.89	1.97	1.75	1.56	1.40	1.14
Debt to NOPAT	395.49	19.53	12.08	6.69	4.43	3.68	3.16	2.44	2.16	1.92	1.71
Net Debt to NOPAT	365.43	19.02	11.74	6.26	4.31	3.60	2.92	1.74	1.70	1.48	1.34
Long-Term Debt to NOPAT	395.49	17.48	10.44	6.69	4.43	3.61	3.16	2.44	2.16	1.92	1.71
Altman Z-Score	2.09	2.18	2.38	2.76	3.04	3.09	3.09	3.90	5.03	5.21	5.54
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.80	2.52	2.45	2.79	2.95	2.90	3.20	3.41	3.84	3.80	3.75
Quick Ratio	1.08	0.90	0.99	1.25	1.18	1.08	1.27	1.63	1.77	1.68	1.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-91	-125	-132	-127	-100	-37	11	29	-4.82	11	-75
Operating Cash Flow to CapEx	-577.78%	-494.29%	20.98%	567.86%	33.64%	57.31%	386.57%	625.46%	149.44%	231.74%	185.04%
Free Cash Flow to Firm to Interest Expense	-7.25	-9.64	-9.08	-9.05	-7.90	-2.84	0.82	2.31	-0.39	0.91	-6.21
Operating Cash Flow to Interest Expense	-6.19	-6.65	0.30	12.49	0.58	1.12	6.47	13.67	3.24	5.57	6.18
Operating Cash Flow Less CapEx to Interest Expense	-7.26	-8.00	-1.12	10.29	-1.15	-0.83	4.80	11.48	1.07	3.16	2.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.67	0.73	0.75	0.85	0.89	0.88	0.87	0.87	0.89	0.89	0.89
Accounts Receivable Turnover	5.62	5.76	5.53	5.58	5.95	5.74	5.25	5.05	5.23	5.36	5.20
Inventory Turnover	3.24	3.05	3.34	3.90	3.44	2.98	2.93	3.16	3.01	2.72	2.68
Fixed Asset Turnover	1.39	1.53	1.68	1.82	1.93	1.98	1.99	2.03	2.09	2.14	2.17
Accounts Payable Turnover	7.17	8.08	8.23	8.51	7.53	7.33	7.84	8.03	7.44	7.54	8.15
Days Sales Outstanding (DSO)	64.96	63.41	65.98	65.38	61.37	63.64	69.58	72.34	69.76	68.09	70.25
Days Inventory Outstanding (DIO)	112.78	119.62	109.29	93.67	106.22	122.50	124.60	115.36	121.40	134.35	136.02
Days Payable Outstanding (DPO)	50.92	45.19	44.35	42.90	48.46	49.80	46.58	45.47	49.09	48.43	44.77
Cash Conversion Cycle (CCC)	126.82	137.84	130.91	116.14	119.13	136.34	147.60	142.23	142.07	154.01	161.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,946	2,075	2,106	2,045	2,105	2,166	2,143	2,124	2,205	2,250	2,325
Invested Capital Turnover	1.04	1.08	1.16	1.30	1.32	1.29	1.28	1.32	1.31	1.30	1.31
Increase / (Decrease) in Invested Capital	97	144	162	177	158	91	37	79	100	84	182
Enterprise Value (EV)	2,105	2,507	2,915	3,340	3,920	4,150	4,160	5,931	8,505	8,983	9,582
Market Capitalization	1,466	1,754	2,136	2,691	3,245	3,458	3,520	5,436	7,961	8,451	9,039
Book Value per Share	$27.05	$27.27	$27.36	$28.76	$29.26	$29.89	$30.41	$32.83	$33.24	$34.44	$35.67
Tangible Book Value per Share	$21.38	$21.63	$21.76	$23.19	$23.77	$24.48	$25.33	$27.94	$28.41	$29.64	$30.90
Total Capital	1,999	2,095	2,129	2,089	2,123	2,181	2,197	2,323	2,355	2,412	2,477
Total Debt	692	774	801	693	693	708	694	694	695	695	695
Total Long-Term Debt	692	692	693	693	693	694	694	694	695	695	695
Net Debt	640	754	779	649	675	692	640	495	544	533	544
Capital Expenditures (CapEx)	14	18	21	31	22	25	22	27	27	29	40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	688	834	875	778	855	923	946	926	1,004	1,046	1,070
Debt-free Net Working Capital (DFNWC)	741	854	897	823	873	938	1,000	1,125	1,154	1,208	1,221
Net Working Capital (NWC)	741	773	789	823	873	925	1,000	1,125	1,154	1,208	1,221
Net Nonoperating Expense (NNE)	13	12	12	11	14	11	41	14	10	11	12
Net Nonoperating Obligations (NNO)	640	754	779	649	675	692	640	495	544	533	544
Total Depreciation and Amortization (D&A)	32	33	33	34	33	34	34	34	34	34	36
Debt-free, Cash-free Net Working Capital to Revenue	34.90%	38.72%	37.14%	30.51%	31.92%	33.87%	34.79%	33.55%	35.53%	36.35%	36.64%
Debt-free Net Working Capital to Revenue	37.56%	39.65%	38.08%	32.25%	32.59%	34.44%	36.76%	40.76%	40.85%	41.98%	41.83%
Net Working Capital to Revenue	37.56%	35.88%	33.47%	32.25%	32.59%	33.93%	36.76%	40.76%	40.85%	41.98%	41.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.14)	$0.13	$0.38	$0.78	$0.89	$0.86	$0.12	$1.88	$1.69	$1.68	$1.90
Adjusted Weighted Average Basic Shares Outstanding	48.70M	48.80M	48.80M	48.80M	49.20M	49.70M	49.70M	49.70M	50.10M	50.20M	50.20M
Adjusted Diluted Earnings per Share	($0.14)	$0.13	$0.38	$0.77	$0.88	$0.85	$0.12	$1.85	$1.67	$1.66	$1.88
Adjusted Weighted Average Diluted Shares Outstanding	48.70M	49M	49.20M	49.20M	49.90M	50.20M	50.30M	50.30M	50.70M	50.70M	50.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.44M	48.51M	48.55M	48.85M	49.31M	49.41M	49.61M	49.95M	49.84M	49.95M	49.78M
Normalized Net Operating Profit after Tax (NOPAT)	5.81	18	30	50	58	54	56	108	98	95	108
Normalized NOPAT Margin	1.11%	3.14%	4.41%	6.57%	8.88%	8.65%	8.20%	13.51%	13.70%	14.06%	14.82%
Pre Tax Income Margin	-1.49%	1.33%	3.48%	6.41%	8.02%	8.84%	1.47%	11.77%	14.09%	15.53%	16.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.38	1.59	2.66	4.47	5.12	5.25	1.78	8.58	9.15	9.61	11.17
NOPAT to Interest Expense	0.46	1.40	2.10	3.56	4.56	4.15	3.67	8.70	7.68	7.80	8.98
EBIT Less CapEx to Interest Expense	-0.69	0.25	1.24	2.27	3.39	3.30	0.11	6.40	6.98	7.21	7.83
NOPAT Less CapEx to Interest Expense	-0.61	0.05	0.69	1.36	2.83	2.21	2.00	6.52	5.51	5.40	5.64
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-95.15%	-700.00%	191.71%	69.86%	36.85%	27.49%	30.29%	21.45%	17.68%	15.03%	11.26%
Augmented Payout Ratio	-95.15%	-700.00%	191.71%	69.86%	36.85%	27.49%	30.29%	21.45%	17.68%	15.03%	11.26%

Frequently Asked Questions About Carpenter Technology's Financials

When does Carpenter Technology's fiscal year end?

According to the most recent income statement we have on file, Carpenter Technology's financial year ends in June. Their financial year 2024 ended on June 30, 2024.

How has Carpenter Technology's net income changed over the last 9 years?

Carpenter Technology's net income appears to be on a downward trend, with a most recent value of $186.50 million in 2024, rising from $58.70 million in 2015. The previous period was $56.40 million in 2023. View Carpenter Technology's forecast to see where analysts expect Carpenter Technology to go next.

What is Carpenter Technology's operating income?

Carpenter Technology's total operating income in 2024 was $323.10 million, based on the following breakdown:

Total Gross Profit: $584.30 million
Total Operating Expenses: $261.20 million

How has Carpenter Technology revenue changed over the last 9 years?

Over the last 9 years, Carpenter Technology's total revenue changed from $2.23 billion in 2015 to $2.76 billion in 2024, a change of 23.9%.

How much debt does Carpenter Technology have?

Carpenter Technology's total liabilities were at $1.66 billion at the end of 2024, a 0.3% increase from 2023, and a 5.5% increase since 2015.

How much cash does Carpenter Technology have?

In the past 9 years, Carpenter Technology's cash and equivalents has ranged from $27 million in 2019 to $287.40 million in 2021, and is currently $199.10 million as of their latest financial filing in 2024.

How has Carpenter Technology's book value per share changed over the last 9 years?

Over the last 9 years, Carpenter Technology's book value per share changed from 26.31 in 2015 to 32.83 in 2024, a change of 24.8%.

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This page (NYSE:CRS) was last updated on 5/6/2025 by MarketBeat.com Staff

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Carpenter Technology (CRS) Financials

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Carpenter Technology (CRS) Financials

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