CRS Stock Analysis: Carpenter Technology | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 14.484m USD | 12M Return: -7.5% | US1442851036 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 323M
EPS Trend: 97.3%
Qual. Beats: 7
Rev. Trend: 95.9%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Carpenter Technology Corporation (NYSE: CRS) is a Philadelphia-based specialty metals producer founded in 1889, operating through two segments: Specialty Alloys Operations and Performance Engineered Products. The company manufactures and distributes titanium alloys, powder metals, stainless steels, alloy steels, tool steels, and metal powders and parts to customers across the aerospace, defense, medical, transportation, energy, industrial, and consumer markets, with operations spanning the United States, Europe, Asia Pacific, Mexico, Canada, and other international regions.
As a large-cap Materials sector company classified within the GICS Steel sub-industry, Carpenter Technology operates as a B2B specialty metallurgical supplier rather than a commodity steel producer, focusing on high-performance alloys where material specifications, certifications, and metallurgical expertise are key competitive differentiators. Its product portfolio is closely tied to cyclical end markets such as aerospace and defense, which are typically the largest demand drivers for advanced alloys like titanium and nickel-based superalloys used in jet engines and structural components.
- Aerospace titanium demand drives Specialty Alloys segment revenue
- Nickel and titanium raw material costs squeeze margins
- Defense and medical end markets diversify aerospace exposure
| Net Income: 569.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.18 > 1.0 |
| NWC/Revenue: 43.11% < 20% (prev 44.77%; Δ -1.66% < -1%) |
| CFO/TA 0.17 > 3% & CFO 618.6m > Net Income 569.8m |
| Net Debt (540.3m) to EBITDA (884.9m): 0.61 < 3 |
| Current Ratio: 3.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.0m) vs 12m ago -0.79% < -2% |
| Gross Margin: 31.22% > 18% (prev 27.95%; Δ 3.26% > 0.5%) |
| Asset Turnover: 89.23% > 50% (prev 85.04%; Δ 4.19% > 0%) |
| Interest Coverage Ratio: 22.07 > 6 (EBIT TTM 737.2m / Interest Expense TTM 33.4m) |
| A: 0.37 (Total Current Assets 1.84b - Total Current Liabilities 467.5m) / Total Assets 3.74b |
| B: 0.63 (Retained Earnings 2.35b / Total Assets 3.74b) |
| C: 0.21 (EBIT TTM 737.2m / Avg Total Assets 3.57b) |
| D: 1.40 (Book Value of Equity 2.18b / Total Liabilities 1.56b) |
| Altman-Z'' = 7.31 = AAA |
| DSRI: 1.07 (Receivables 722.2m/613.6m, Revenue 3.19b/2.89b) |
| GMI: 0.90 (GM 27.95% / 31.22%) |
| AQI: 0.93 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.10 (Revenue 3.19b / 2.89b) |
| TATA: -0.01 (NI 569.8m - CFO 618.6m) / TA 3.74b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of October 30, 2026, the stock is trading at USD 298.72 with a total of 1,846,053 shares traded. Over the past week, the price has changed by +2.21%, over one month by -23.71%, over three months by -43.65% and over the past year by -7.47%.
Current recommended Stop Loss: 275.70 (which is 7.7% or 1.2 ATR below the current price).
Carpenter Technology has received a consensus analysts rating of 4.63. Therefore, it is recommended to buy CRS.
- StrongBuy: 6
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 536.3 | 79.5% |
P/E Trailing = 35.0012
P/E Forward = 23.3645
P/S = 4.6361
P/B = 8.7884
P/EG = 1.5913
Revenue TTM = 3.19b USD
EBIT TTM = 737.2m USD
EBITDA TTM = 884.9m USD
Long Term Debt = 690.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = unknown (none)
Debt = 699.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.80m
Net Debt = 540.3m USD (calculated: Debt 699.8m - CCE 159.5m)
Enterprise Value = 15.0b USD (14.5b + Debt 699.8m - CCE 159.5m)
Interest Coverage Ratio = 22.07 (Ebit TTM 737.2m / Interest Expense TTM 33.4m)
EV/FCF = 44.09x (Enterprise Value 15.0b / FCF TTM 340.8m)
FCF Yield = 2.27% (FCF TTM 340.8m / Enterprise Value 15.0b)
FCF Margin = 10.69% (FCF TTM 340.8m / Revenue TTM 3.19b)
Net Margin = 17.87% (Net Income TTM 569.8m / Revenue TTM 3.19b)
Gross Margin = 31.22% ((Revenue TTM 3.19b - Cost of Revenue TTM 2.19b) / Revenue TTM)
Gross Margin QoQ = 32.11% (prev 31.61%)
Tobins Q-Ratio = 4.01 (Enterprise Value 15.0b / Total Assets 3.74b)
Interest Expense / Debt = 4.77% (Interest Expense 33.4m / Debt 699.8m)
Taxrate = 19.04% (134.0m / 703.8m)
NOPAT = 596.8m (EBIT 737.2m * (1 - 19.04%))
Current Ratio = 3.94 (Total Current Assets 1.84b / Total Current Liabilities 467.5m)
Debt / Equity = 0.32 (Debt 699.8m / totalStockholderEquity, last quarter 2.18b)
Debt / EBITDA = 0.61 (Net Debt 540.3m / EBITDA 884.9m)
Debt / FCF = 1.59 (Net Debt 540.3m / FCF TTM 340.8m)
Total Stockholder Equity = 2.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.95% (Net Income 569.8m / Total Assets 3.74b)
RoE = 26.93% (Net Income TTM 569.8m / Total Stockholder Equity 2.12b)
RoCE = 26.27% (EBIT 737.2m / Capital Employed (Equity 2.12b + L.T.Debt 690.7m))
RoIC = 19.14% (NOPAT 596.8m / Invested Capital 3.12b)
WACC = 11.08% (E(14.5b)/V(15.2b) * Re(11.43%) + D(699.8m)/V(15.2b) * Rd(4.77%) * (1-Tc(0.19)))
Discount Rate = 11.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.52 | Cagr: -0.53%
[DCF] Terminal Value 69.66% ; FCFF base≈312.2m ; Y1≈357.9m ; Y5≈526.8m
[DCF] Fair Price = 96.86 (EV 5.34b - Net Debt 540.3m = Equity 4.80b / Shares 49.6m; r=11.08% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.32 | EPS CAGR: 58.66% | SUE: 4.0 | # QB: 7
Revenue Correlation: 95.91 | Revenue CAGR: 5.52% | SUE: -1.46 | # QB: -1
EPS current Quarter (2026-12-31): EPS=3.08 | Chg30d=+0.15% | Revisions=+25% | Analysts=5
EPS next Quarter (2027-03-31): EPS=3.51 | Chg30d=+0.97% | Revisions=+25% | Analysts=5
EPS current Year (2027-06-30): EPS=13.46 | Chg30d=+0.64% | Revisions=+40% | GrowthEPS=+25.1% | GrowthRev=+11.8%
EPS next Year (2028-06-30): EPS=15.96 | Chg30d=+0.48% | Revisions=+40% | GrowthEPS=+18.5% | GrowthRev=+10.3%
[Analyst] Revisions Ratio: +67% (up=6, down=0)