Carpenter Technology (CRS) Financials

$238.11 +7.95 (+3.45%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$238.46 +0.35 (+0.15%)

As of 05/27/2025 07:48 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Income / (Loss) Attributable to Common Shareholders	187	56	-49	-230	1.50	167	189	47	11	59
Consolidated Net Income / (Loss)	187	56	-49	-230	1.50	167	189	47	11	59
Net Income / (Loss) Continuing Operations	187	56	-49	-230	1.50	167	189	47	11	59
Total Pre-Tax Income	212	73	-63	-298	6.10	216	160	70	22	89
Total Operating Income	323	133	-25	-249	25	241	189	125	52	112
Total Gross Profit	584	337	150	1.00	329	445	382	301	256	318
Total Revenue	2,760	2,550	1,836	1,476	2,181	2,380	2,158	1,798	1,813	2,227
Operating Revenue	2,760	2,550	1,836	1,476	2,181	2,380	2,158	1,798	1,813	2,227
Total Cost of Revenue	2,175	2,213	1,687	1,475	1,852	1,935	1,775	1,497	1,558	1,908
Operating Cost of Revenue	2,175	2,213	1,687	1,475	1,852	1,935	1,775	1,497	1,558	1,908
Total Operating Expenses	261	204	175	250	304	203	193	176	204	207
Selling, General & Admin Expense	230	204	175	180	201	203	193	176	174	178
Impairment Charge	14	0.00	0.00	53	35	0.00	0.00	-	13	0.00
Restructuring Charge	17	0.00	0.00	17	69	0.00	0.00	-	18	29
Total Other Income / (Expense), net	-112	-61	-38	-49	-19	-25	-29	-55	-30	-22
Interest Expense	51	54	51	41	20	26	28	30	28	28
Other Income / (Expense), net	-61	-6.50	13	-8.40	0.60	0.60	-0.80	-25	-2.10	5.30
Income Tax Expense	25	16	-14	-68	4.60	49	-28	23	10	30
Basic Earnings per Share	$3.75	$1.15	($1.01)	($4.76)	$0.02	$3.46	$3.96	$0.99	$0.23	$1.11
Weighted Average Basic Shares Outstanding	49.70M	48.80M	48.50M	48.30M	48.10M	47.70M	47.20M	47M	48.10M	52.60M
Diluted Earnings per Share	$3.70	$1.14	($1.01)	($4.76)	$0.02	$3.43	$3.92	$0.99	$0.23	$1.11
Weighted Average Diluted Shares Outstanding	50.30M	49.20M	48.50M	48.30M	48.20M	48.10M	47.60M	47.10M	48.20M	52.70M
Weighted Average Basic & Diluted Shares Outstanding	49.95M	48.85M	48.30M	48.07M	47.95M	47.66M	47.60M	47.50M	49.10M	52.90M
Cash Dividends to Common per Share	$0.80	$0.80	$0.80	$0.80	$0.80	$0.80	$0.72	$0.72	$0.72	$0.72

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	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	95	84	85	94	6.30	43	44	39	19	6.20	-6.90
Consolidated Net Income / (Loss)	95	84	85	94	6.30	43	44	39	19	6.20	-6.90
Net Income / (Loss) Continuing Operations	95	84	85	94	6.30	43	44	39	19	6.20	-6.90
Total Pre-Tax Income	122	105	101	94	10	55	52	49	24	7.70	-7.80
Total Operating Income	138	119	114	108	76	70	69	63	39	23	8.30
Total Gross Profit	201	178	176	191	147	123	124	119	94	70	55
Total Revenue	727	677	718	799	685	624	652	758	690	579	523
Operating Revenue	727	677	718	799	685	624	652	758	690	579	523
Total Cost of Revenue	526	499	541	608	538	502	528	639	597	509	468
Operating Cost of Revenue	526	499	541	608	538	502	528	639	597	509	468
Total Operating Expenses	63	59	63	82	71	53	55	56	54	47	47
Selling, General & Admin Expense	63	59	59	65	57	53	55	56	54	47	47
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	-14	-13	-14	-66	-15	-17	-14	-15	-15	-16
Interest Expense	12	12	12	12	13	13	13	14	15	13	13
Other Income / (Expense), net	-3.80	-1.60	-0.10	-2.00	-53	-1.60	-4.00	-0.30	-0.80	-1.90	-3.50
Income Tax Expense	27	21	16	0.40	3.80	13	8.40	10	5.40	1.50	-0.90
Basic Earnings per Share	$1.90	$1.68	$1.69	$1.88	$0.12	$0.86	$0.89	$0.78	$0.38	$0.13	($0.14)
Weighted Average Basic Shares Outstanding	50.20M	50.20M	50.10M	49.70M	49.70M	49.70M	49.20M	48.80M	48.80M	48.80M	48.70M
Diluted Earnings per Share	$1.88	$1.66	$1.67	$1.85	$0.12	$0.85	$0.88	$0.77	$0.38	$0.13	($0.14)
Weighted Average Diluted Shares Outstanding	50.70M	50.70M	50.70M	50.30M	50.30M	50.20M	49.90M	49.20M	49.20M	49M	48.70M
Weighted Average Basic & Diluted Shares Outstanding	49.78M	49.95M	49.84M	49.95M	49.61M	49.41M	49.31M	48.85M	48.55M	48.51M	48.44M
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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Change in Cash & Equivalents	155	-110	-133	94	166	-29	-10	-16	12	-50
Net Cash From Operating Activities	275	15	6.00	250	232	232	209	130	257	283
Net Cash From Continuing Operating Activities	275	15	6.00	250	232	232	209	130	257	283
Net Income / (Loss) Continuing Operations	187	56	-49	-230	1.50	167	189	47	11	59
Consolidated Net Income / (Loss)	187	56	-49	-230	1.50	167	189	47	11	59
Depreciation Expense	135	131	131	124	124	122	117	118	119	122
Non-Cash Adjustments To Reconcile Net Income	128	35	9.80	166	145	16	31	64	102	58
Changes in Operating Assets and Liabilities, net	-174	-208	-86	190	-39	-72	-127	-98	25	43
Net Cash From Investing Activities	-96	-82	-89	-79	-171	-245	-139	-112	-83	-170
Net Cash From Continuing Investing Activities	-96	-82	-89	-79	-171	-245	-139	-112	-83	-170
Purchase of Property, Plant & Equipment	-97	-82	-91	-101	-171	-180	-135	-99	-95	-171
Sale of Property, Plant & Equipment	0.70	0.00	2.20	1.60	0.20	0.40	1.90	2.50	1.40	0.20
Net Cash From Financing Activities	-23	-40	-53	-76	108	-19	-79	-34	-164	-159
Net Cash From Continuing Financing Activities	-23	-40	-53	-76	108	-19	-79	-34	-164	-159
Repayment of Debt	-63	-186	-307	-261	-181	-164	-55	-124	-82	-545
Payment of Dividends	-40	-39	-39	-39	-39	-39	-34	-34	-35	-38
Issuance of Debt	63	184	297	226	331	184	0.00	122	77	545
Other Financing Activities, net	17	1.20	-3.40	-1.80	-3.70	-0.50	11	1.70	0.00	3.00
Effect of Exchange Rate Changes	-1.10	-2.00	-	-0.70	-	-	-1.00	-	0.80	-3.20

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

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

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

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

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

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

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

Frequently Asked Questions About Carpenter Technology's Financials

When does Carpenter Technology's financial year end?

According to the most recent income statement we have on file, Carpenter Technology's fiscal year ends in June. Their fiscal 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. Find out what analysts predict for Carpenter Technology in the coming months.

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 5/28/2025 by MarketBeat.com Staff

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Carpenter Technology (CRS) Financials

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Carpenter Technology (CRS) Financials

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