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CRS · NYSE · United States · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
In shortCARPENTER TECHNOLOGY CORP is profitable, generates cash and carries moderate debt, with revenue growing (+8.6% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 22.5% | 92/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 17.0% | 88/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 25.8% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 19.4% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.81× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.31× | 94/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.35× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 18.57× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 7.05 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 11.6% | 66/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.68× | 48/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 14.5% | 57/100 |
| Operating margin volatility | 9.6% | 22/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 7.0% | 56/100 |
|---|---|---|
| EPS growth, 3-year average | 109.8% | 100/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,836 | 2,550 | 2,760 | 2,877 | 3,124 |
| Gross profit | 150 | 337 | 584 | 769 | 956 |
| Research & development | 20 | 24 | 26 | 26 | 28 |
| Selling, general & admin | 175 | 204 | 230 | 243 | 254 |
| Operating income | (25) | 133 | 323 | 522 | 702 |
| Interest expense | 45 | 54 | 51 | 48 | 38 |
| Pre-tax income | (63) | 73 | 212 | 467 | 656 |
| Income tax | (14) | 16 | 25 | 91 | 126 |
| Net income | (49) | 56 | 187 | 376 | 530 |
| Diluted EPS | −$1.01 | $1.14 | $3.70 | $7.42 | $10.52 |
| Diluted shares (millions) | 49 | 49 | 50 | 51 | 50 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
7.05 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Sep 30, 2026 · Data updated Oct 22, 2026