# Carpenter Technology Corporation (CRS)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $28.52B  
**Price:** $562.45 (+7.53%)

> Carpenter Technology Corporation is a leading manufacturer, fabricator, and distributor of specialty metals and alloys serving demanding industries worldwide. The company operates through two primary segments: Specialty Alloys Operations, which produces premium alloys including titanium alloys, powder metals, stainless steels, alloy steels, tool steels, high-temperature superalloys, high-strength steels, implantable, magnetic, and controlled expansion alloys in cast, wrought, and powder forms; and Performance Engineered Products, encompassing titanium products, metal powders, additive manufacturing solutions, and distribution services. These offerings support critical applications in aerospace and defense, particularly engine maintenance, repair, and overhaul; medical devices requiring biocompatibility; transportation; energy generation; industrial machinery; and consumer markets. Carpenter Technology Corporation provides related services such as contract manufacturing, custom parts, tooling, and conversion of customer-owned alloys from facilities in the United States, Europe, Asia Pacific, Mexico, and Canada. Founded in 1937 and headquartered in Reading, Pennsylvania, it plays a vital role in supplying high-performance materials for advanced engineering needs.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.88B | $769M | $522M | $376M | — |
| 2024 | $2.76B | $584M | $323M | $187M | — |
| 2023 | $2.55B | $337M | $133M | $56M | — |
| 2022 | $1.84B | $150M | -$25M | -$49M | — |
| 2021 | $1.48B | $1M | -$249M | -$230M | — |
| 2020 | $2.18B | $329M | $25M | $2M | — |
| 2019 | $2.38B | $445M | $241M | $167M | — |
| 2018 | $2.16B | $382M | $189M | $189M | — |
| 2017 | $1.80B | $301M | $122M | $47M | — |
| 2016 | $1.81B | $256M | $52M | $11M | — |
| 2015 | $2.23B | $318M | $112M | $59M | — |
| 2014 | $2.17B | $399M | $212M | $133M | — |
| 2013 | $2.27B | $434M | $233M | $146M | — |
| 2012 | $2.03B | $391M | $210M | $121M | — |
| 2011 | $1.68B | $249M | $96M | $71M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.49B | $1.60B | $1.89B | $316M | $695M |
| 2024 | $3.29B | $1.66B | $1.63B | $199M | $694M |
| 2023 | $3.05B | $1.66B | $1.40B | $45M | $693M |
| 2022 | $2.93B | $1.60B | $1.33B | $154M | $692M |
| 2021 | $2.97B | $1.58B | $1.39B | $287M | $695M |
| 2020 | $3.23B | $1.78B | $1.45B | $193M | $552M |
| 2019 | $3.19B | $1.67B | $1.52B | $27M | $551M |
| 2018 | $3.01B | $1.52B | $1.49B | $56M | $546M |
| 2017 | $2.88B | $1.68B | $1.20B | $66M | $605M |
| 2016 | $2.79B | $1.69B | $1.10B | $82M | $611M |
| 2015 | $2.90B | $1.58B | $1.33B | $70M | $604M |
| 2014 | $3.06B | $1.55B | $1.50B | $120M | $604M |
| 2013 | $2.88B | $1.58B | $1.30B | $258M | $604M |
| 2012 | $2.63B | $1.51B | $1.10B | $211M | $407M |
| 2011 | $1.99B | $1.22B | $766M | $493M | $508M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $440M | — | — |
| 2024 | $275M | — | — |
| 2023 | $15M | — | — |
| 2022 | $6M | — | — |
| 2021 | $250M | — | — |
| 2020 | $232M | — | — |
| 2019 | $232M | — | — |
| 2018 | $209M | — | — |
| 2017 | $130M | — | — |
| 2016 | $257M | — | — |
| 2015 | $283M | — | — |
| 2014 | $240M | — | — |
| 2011 | $64M | — | — |
| 2010 | $115M | — | — |
| 2009 | $146M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/CRS)