Friday 6 November 2026 Export CRS’s income statement to Excel — free account

Carpenter Technology Corporation

Carpenter Technology Corporation’s revenue for fiscal 2026 (year ended June 2026) was $3.1 billion, up 8.59% from fiscal 2025.

Revenue: +8.79%
EPS: +33.1%
Free cash flow: −629.4%
Total debt: −0.68%

Quarter to September 2026, against a year earlier

279.95 12.15 −4.16%

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Market cap: $13.8B
P/E: 24.6×
Fwd P/E: 20.9×
Dividend yield: 0.29%
F-score: 9/9
Altman Z: 14.17
Beneish M: −2.45
Dividend safety: 82/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Carpenter Technology Corporation (CRS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Specialty Alloys Operations	2,827	90.48%
Performance Engineered Products	383	12.26%
Gross margin		30.58%
Operating margin		22.47%
Pre-tax margin		21.00%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Aerospace and Defense	2,035 65.14%	1,769 61.47%	1,539 55.76%	1,291 50.61%	790 43.03%	711 48.18%	1,314 60.23%	1,328 55.79%	1,182 54.79%	973 54.14%	—	—	—	—	—	—	—
Industrial and Consumer	402 12.86%	360 12.50%	415 15.05%	487 19.10%	417 22.72%	292 19.80%	296 13.57%	372 15.61%	365 16.91%	298 16.59%	—	—	—	—	—	—	—
Medical	278 8.91%	351 12.21%	376 13.61%	302 11.83%	212 11.56%	144 9.72%	197 9.03%	205 8.61%	175 8.12%	126 6.98%	—	—	—	—	—	—	—
Energy	231 7.38%	200 6.96%	186 6.73%	163 6.40%	113 6.15%	88 5.95%	135 6.21%	182 7.63%	147 6.79%	138 7.68%	—	—	—	—	—	—	—
Transportation	100 3.21%	113 3.94%	149 5.40%	185 7.25%	178 9.71%	145 9.79%	132 6.06%	158 6.63%	157 7.28%	144 8.01%	—	—	—	—	—	—	—
Distribution	78 2.49%	84 2.93%	95 3.45%	123 4.80%	125 6.82%	97 6.56%	107 4.90%	136 5.73%	132 6.10%	119 6.60%	—	—	—	—	—	—	—
Special Alloys Product	—	—	—	—	—	—	—	—	—	—	991 44.51%	917 42.20%	990 43.58%	931 45.91%	832 49.66%	612 51.03%	695 50.99%
Stainless Steel Product	—	—	—	—	—	—	—	—	—	—	619 27.81%	644 29.62%	639 28.12%	637 31.41%	565 33.72%	373 31.15%	—
Alloy and Tool Steel Product	—	—	—	—	—	—	—	—	—	—	219 9.83%	240 11.06%	256 11.26%	109 5.35%	27 1.62%	30 2.49%	—
Distribution and Other Materials Product	—	—	—	—	—	—	—	—	—	—	171 7.68%	166 7.63%	172 7.57%	131 6.43%	55 3.25%	42 3.50%	66 4.86%
Titanium Products	—	—	—	—	—	—	—	—	—	—	165 7.40%	158 7.26%	155 6.82%	157 7.72%	135 8.08%	108 9.01%	141 10.38%
Powder Metals Products	—	—	—	—	—	—	—	—	—	—	62 2.78%	49 2.24%	60 2.66%	64 3.17%	61 3.67%	34 2.82%	—
Stainless Steels	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	460 33.77%
Revenue	3,124	2,877	2,760	2,550	1,836	1,476	2,181	2,380	2,158	1,798	2,227	2,173	2,272	2,029	1,675	1,199	1,362

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Specialty Alloys Operations	2,827 90.48%	2,564 89.10%	2,444 88.55%	2,214 86.80%	1,566 85.26%	1,262 85.54%	1,832 83.98%	1,967 82.65%	1,804 83.60%	1,462 81.31%	1,481 81.67%	1,797 80.68%	1,742 80.15%	1,824 80.27%	1,672 82.42%	1,431 85.45%	1,018 84.90%
Performance Engineered Products	383 12.26%	405 14.09%	411 14.89%	434 17.01%	345 18.76%	260 17.61%	401 18.39%	480 20.16%	430 19.91%	367 20.39%	359 19.78%	498 22.35%	499 22.95%	520 22.89%	445 21.93%	248 14.82%	158 13.16%
Intersegment	—	—	—	—	—	(46) (3.14%)	—	—	—	—	—	—	—	—	—	(43) (2.58%)	(9) (0.78%)
Latrobe	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	39 2.31%	33 2.72%
Eliminations	(86) (2.74%)	(92) (3.19%)	(95) (3.45%)	(97) (3.80%)	(74) (4.02%)	—	(52) (2.37%)	(67) (2.81%)	(76) (3.51%)	(31) (1.70%)	(26) (1.45%)	(68) (3.04%)	(67) (3.09%)	(72) (3.17%)	(88) (4.35%)	—	—
Revenue	3,124	2,877	2,760	2,550	1,836	1,476	2,181	2,380	2,158	1,798	1,813	2,227	2,173	2,272	2,029	1,675	1,199

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Specialty Alloys Operations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance Engineered Products	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Latrobe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Intersegment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
United States	1,824 58.39%	1,700 59.08%	1,623 58.81%	1,556 61.02%	1,180 64.25%	927 62.79%	1,393 63.89%	1,607 67.50%	1,429 66.25%	1,198 66.66%	1,244 68.57%	1,580 70.95%	1,538 70.77%	1,575 69.34%	1,364 67.25%	1,164 69.47%	830 69.21%
Europe	700 22.42%	596 20.72%	504 18.26%	437 17.15%	254 13.80%	243 16.45%	387 17.76%	387 16.27%	383 17.75%	350 19.45%	321 17.72%	360 16.15%	350 16.08%	382 16.82%	376 18.53%	277 16.56%	195 16.24%
Asia Pacific	341 10.92%	344 11.97%	391 14.18%	320 12.53%	234 12.74%	194 13.17%	238 10.89%	196 8.25%	175 8.10%	127 7.08%	130 7.14%	142 6.37%	137 6.31%	154 6.76%	142 7.00%	111 6.61%	83 6.92%
Mexico	142 4.54%	122 4.22%	120 4.35%	124 4.86%	89 4.87%	49 3.31%	67 3.07%	82 3.43%	62 2.86%	49 2.70%	47 2.58%	59 2.66%	59 2.72%	67 2.93%	69 3.39%	67 4.01%	49 4.11%
Canada	64 2.05%	61 2.13%	70 2.54%	60 2.36%	42 2.26%	33 2.23%	54 2.48%	68 2.85%	66 3.04%	48 2.65%	45 2.48%	61 2.75%	65 3.01%	60 2.63%	52 2.57%	37 2.18%	32 2.64%
Other	53 1.69%	54 1.87%	51 1.86%	53 2.09%	38 2.07%	30 2.05%	42 1.91%	41 1.71%	43 2.00%	26 1.46%	27 1.51%	25 1.12%	24 1.10%	34 1.51%	26 1.26%	20 1.17%	11 0.89%
Revenue	3,124	2,877	2,760	2,550	1,836	1,476	2,181	2,380	2,158	1,798	1,813	2,227	2,173	2,272	2,029	1,675	1,199

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Consolidated pounds sold	Q4 FY2026	59.6M	48.7M	+22.22%
Performance Engineered Products pounds sold	Q4 FY2026	3.3M	2.7M	+21.77%
Specialty Alloys Operations pounds sold	Q4 FY2026	57.5M	46.9M	+22.58%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025
Consolidated pounds sold	‡	‡	‡	‡	‡
Performance Engineered Products pounds sold	‡	‡	‡	‡	‡
Specialty Alloys Operations pounds sold	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.