Carpenter Technology Corporation (CRS) Key Metrics
CRS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $18.69B
- Enterprise value
- $19.88B
- P/E (TTM)
- 35.8 10-yr median 37.4
- Forward P/E
- 23.4
- PEG ratio
- 1.59
- Price / sales
- 6.0 10-yr median 1.1
- Price / book
- 8.8 10-yr median 1.6
- EV / EBITDA
- 23.5 10-yr median 12.8
- Dividend yield
- 0.21% $0.80 a year
- Beta
- 1.29
CRS key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsCRS valuation Price multiples at each fiscal year-end price.
CRS returns How much profit the business earns on the capital it uses.
CRS per-share figures Results divided by the shares outstanding at year-end.
CRS financial health Debt, liquidity and how easily interest is covered.
CRS efficiency & capital use Working capital cycle and where the cash goes.
CRS valuation history
CRS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CRS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CRS cash returned to shareholders
CRS price vs earnings per share
CRS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $31.09B | $14.01B | $5.51B | $2.76B | $1.35B | $1.94B | $1.17B | $2.31B | $2.50B | $1.76B |
| Enterprise value | $31.39B | $14.44B | $6.05B | $3.42B | $1.94B | $2.36B | $1.76B | $2.85B | $2.99B | $2.30B |
| P/E ratio | 58.7 | 37.3 | 29.6 | 49.0 | — | — | 780.2 | 13.8 | 13.3 | 37.5 |
| Price / sales | 10.0 | 4.9 | 2.0 | 1.1 | 0.7 | 1.3 | 0.5 | 1.0 | 1.2 | 1.0 |
| Price / book | 14.0 | 7.4 | 3.4 | 2.0 | 1.0 | 1.4 | 0.8 | 1.5 | 1.7 | 1.5 |
| Price / free cash flow | 85.8 | 49.0 | 30.9 | — | — | 13.0 | 19.4 | 44.3 | 33.7 | 57.2 |
| Price / operating cash flow | 51.4 | 31.8 | 20.1 | 187.9 | 225.6 | 7.8 | 5.0 | 9.9 | 12.0 | 13.6 |
| EV / sales | 10.0 | 5.0 | 2.2 | 1.3 | 1.1 | 1.6 | 0.8 | 1.2 | 1.4 | 1.3 |
| EV / EBITDA | 37.3 | 21.5 | 14.7 | 12.8 | 17.2 | — | 11.8 | 7.8 | 9.8 | 10.6 |
| EV / free cash flow | 86.6 | 50.5 | 34.0 | — | — | 15.8 | 29.2 | 54.7 | 40.3 | 74.7 |
| Earnings yield | 1.7% | 2.7% | 3.4% | 2.0% | −3.6% | −11.8% | 0.1% | 7.2% | 7.5% | 2.7% |
| Free cash flow yield | 1.2% | 2.0% | 3.2% | −2.4% | −6.3% | 7.7% | 5.2% | 2.3% | 3.0% | 1.7% |
| Dividend yield | 0.1% | 0.3% | 0.7% | 1.4% | 2.9% | 2.0% | 3.3% | 1.7% | 1.4% | 1.9% |
| Shareholder yield (dividends + buybacks) | 0.7% | 1.0% | 1.2% | 1.4% | 3.1% | 2.0% | 3.3% | 1.9% | 1.5% | 2.0% |
| Share price at fiscal year-end | $616.84 | $276.38 | $109.58 | $56.13 | $27.91 | $40.22 | $24.28 | $47.98 | $52.57 | $37.43 |
| Per share | ||||||||||
| Revenue per share | $61.99 | $56.75 | $54.86 | $51.84 | $37.86 | $30.55 | $45.25 | $49.48 | $45.33 | $38.17 |
| Earnings per share | $10.51 | $7.42 | $3.71 | $1.15 | −$1.01 | −$4.75 | $0.03 | $3.47 | $3.96 | $1.00 |
| Operating cash flow per share | $12.00 | $8.69 | $5.47 | $0.30 | $0.12 | $5.18 | $4.81 | $4.83 | $4.39 | $2.75 |
| Free cash flow per share | $7.19 | $5.64 | $3.54 | −$1.37 | −$1.76 | $3.10 | $1.25 | $1.08 | $1.56 | $0.65 |
| Cash per share | $7.80 | $6.22 | $3.96 | $0.90 | $3.18 | $5.95 | $4.01 | $0.56 | $1.18 | $1.41 |
| Book value per share | $44.20 | $37.22 | $32.38 | $28.38 | $27.43 | $28.83 | $29.99 | $31.60 | $31.22 | $25.45 |
| Tangible book value per share | $39.61 | $32.55 | $27.56 | $22.89 | $21.73 | $22.94 | $22.89 | $23.42 | $24.24 | $18.48 |
| Dividends per share | $0.80 | $0.79 | $0.80 | $0.80 | $0.81 | $0.81 | $0.80 | $0.80 | $0.72 | $0.72 |
| Capex per share | $4.82 | $3.04 | $1.92 | $1.67 | $1.88 | $2.08 | $3.56 | $3.75 | $2.84 | $2.09 |
| Debt per share | $13.70 | $14.56 | $14.74 | $14.27 | $15.35 | $14.57 | $16.26 | $11.86 | $11.49 | $12.85 |
| Shares outstanding | 50.4M | 50.7M | 50.3M | 49.2M | 48.5M | 48.3M | 48.2M | 48.1M | 47.6M | 47.1M |
| Change in shares outstanding | −0.6% | +0.8% | +2.2% | +1.4% | +0.4% | +0.2% | +0.2% | +1.1% | +1.1% | −2.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 25.8% | 21.4% | 12.3% | 4.1% | −3.6% | −16.2% | 0.1% | 11.1% | 14.0% | 4.1% |
| Return on invested capital (ROIC) | 23.4% | 18.7% | 13.5% | 5.2% | −1.1% | −10.2% | 0.6% | 9.2% | 10.2% | 4.7% |
| Return on assets (ROA) | 14.5% | 11.1% | 5.9% | 1.9% | −1.7% | −7.4% | 0.0% | 5.4% | 6.4% | 1.7% |
| Return on tangible assets | 14.7% | 11.6% | 6.1% | 2.0% | −1.8% | −8.5% | 0.1% | 6.0% | 7.0% | 1.8% |
| Free cash flow margin | 11.6% | 9.9% | 6.5% | −2.7% | −4.6% | 10.1% | 2.8% | 2.2% | 3.4% | 1.7% |
| Income quality (OCF / net income) | 1.14 | 1.17 | 1.47 | 0.26 | — | — | 154.53 | 1.39 | 1.11 | 2.75 |
| Financial health | ||||||||||
| Total debt | $690.7M | $738.3M | $741.4M | $702.1M | $744.4M | $703.5M | $783.6M | $570.3M | $547.1M | $605.0M |
| Cash & short-term investments | $393.3M | $315.5M | $199.1M | $44.5M | $154.2M | $287.4M | $193.1M | $27.0M | $56.2M | $66.3M |
| Net debt | $297.4M | $422.8M | $542.3M | $657.6M | $590.2M | $416.1M | $590.5M | $543.3M | $490.9M | $538.7M |
| Debt / equity | 0.31 | 0.39 | 0.46 | 0.50 | 0.56 | 0.51 | 0.54 | 0.38 | 0.37 | 0.50 |
| Debt / assets | 0.18 | 0.21 | 0.23 | 0.23 | 0.25 | 0.24 | 0.24 | 0.18 | 0.18 | 0.21 |
| Net debt / EBITDA | 0.35 | 0.63 | 1.32 | 2.46 | 5.21 | — | 3.94 | 1.49 | 1.61 | 2.47 |
| Current ratio | 3.81 | 3.65 | 3.41 | 2.79 | 2.98 | 3.65 | 2.80 | 2.97 | 3.24 | 2.76 |
| Quick ratio | 2.23 | 2.01 | 1.84 | 1.40 | 1.66 | 2.26 | 1.20 | 1.08 | 1.35 | 1.02 |
| Interest coverage | 18.6 | 8.2 | 4.9 | 2.1 | -0.6 | -7.4 | 1.3 | 9.2 | 6.7 | 4.1 |
| Working capital | $1.46B | $1.28B | $1.12B | $822.5M | $743.8M | $811.1M | $814.2M | $820.2M | $815.5M | $697.6M |
| Invested capital | $2.52B | $2.31B | $2.17B | $2.05B | $1.92B | $1.81B | $2.04B | $2.06B | $1.98B | $1.74B |
| Tangible asset value | $2.00B | $1.65B | $1.39B | $1.13B | $1.05B | $1.11B | $1.10B | $1.13B | $1.15B | $870.3M |
| Net current asset value | $370.5M | $164.9M | −$71.7M | −$375.9M | −$482.4M | −$461.5M | −$515.2M | −$431.5M | −$342.3M | −$585.9M |
| Graham number | $102.24 | $78.81 | $51.98 | $27.05 | — | — | $4.58 | $49.69 | $52.74 | $23.90 |
| Graham net-net per share | −$5.55 | −$8.99 | −$13.40 | −$18.19 | −$18.82 | −$17.54 | −$20.89 | −$19.93 | −$17.57 | −$22.30 |
| Capital allocation | ||||||||||
| Dividends paid | $40.3M | $40.3M | $40.0M | $39.4M | $39.2M | $39.1M | $38.8M | $38.6M | $34.4M | $34.1M |
| Share buybacks (net) | $179.1M | $101.9M | $24.2M | $0 | $3.4M | $0 | $0 | $4.4M | $2.4M | $1.0M |
| Dividend payout ratio | 7.6% | 10.7% | 21.4% | 69.9% | — | — | — | 23.1% | 18.2% | 72.6% |
| Dividends + buybacks / free cash flow | 60.6% | 49.7% | 36.0% | — | — | 26.2% | 64.2% | 82.5% | 49.6% | 114.0% |
| Capex / revenue | 7.8% | 5.4% | 3.5% | 3.2% | 5.0% | 6.8% | 7.9% | 7.6% | 6.3% | 5.5% |
| Capex / operating cash flow | 40.1% | 35.0% | 35.1% | 559.9% | 1,521.7% | 40.2% | 73.9% | 77.6% | 64.5% | 76.2% |
| Capex / depreciation | 1.65 | 1.11 | 0.72 | 0.63 | 0.69 | 0.81 | 1.38 | 1.48 | 1.16 | 0.84 |
| Stock-based compensation / revenue | 0.8% | 0.8% | 0.7% | 0.6% | 0.6% | 0.7% | 0.5% | 0.7% | 0.8% | 0.7% |
| R&D / revenue | — | 0.9% | 0.9% | 1.0% | 1.1% | 1.3% | 1.3% | 1.0% | 0.9% | 0.9% |
| SG&A / revenue | 8.1% | 8.5% | 8.3% | 8.0% | 9.5% | 12.2% | 9.2% | 8.5% | 9.0% | 10.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 74.6 | 72.2 | 72.3 | 65.4 | 68.7 | 74.3 | 56.6 | 58.5 | 56.6 | 55.2 |
| Days of inventory on hand | 136.0 | 132.4 | 115.4 | 93.7 | 99.8 | 142.3 | 149.0 | 139.3 | 141.8 | 160.8 |
| Days payables outstanding | 48.9 | 46.0 | 45.5 | 42.9 | 41.6 | 33.0 | 35.8 | 42.8 | 42.7 | 44.0 |
| Cash conversion cycle (days) | 161.8 | 158.6 | 142.2 | 116.1 | 126.8 | 183.7 | 169.8 | 155.0 | 155.6 | 172.1 |
| Receivables turnover | 4.89 | 5.06 | 5.05 | 5.58 | 5.31 | 4.91 | 6.45 | 6.24 | 6.45 | 6.61 |
| Payables turnover | 7.47 | 7.94 | 8.03 | 8.51 | 8.77 | 11.06 | 10.21 | 8.54 | 8.54 | 8.30 |
| Inventory turnover | 2.68 | 2.76 | 3.16 | 3.90 | 3.66 | 2.56 | 2.45 | 2.62 | 2.57 | 2.27 |
| Asset turnover | 0.85 | 0.85 | 0.87 | 0.85 | 0.62 | 0.48 | 0.68 | 0.77 | 0.73 | 0.63 |
| Average receivables | $638.7M | $569.0M | $547.0M | $456.8M | $345.5M | $300.5M | $338.2M | $381.3M | $334.4M | $272.0M |
| Average payables | $290.4M | $265.6M | $271.0M | $260.1M | $192.2M | $133.3M | $181.4M | $226.7M | $207.9M | $180.3M |
| Average inventory | $808.4M | $764.6M | $687.5M | $567.9M | $460.9M | $575.0M | $756.0M | $738.5M | $689.8M | $659.5M |
| Intangibles / total assets | 6.0% | 6.8% | 7.4% | 8.8% | 9.4% | 9.6% | 10.6% | 12.3% | 11.0% | 11.4% |
Computed from CRS's annual financial statements (latest annual report filed August 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CRS valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Carpenter Technology traded at 58.7 times earnings, against a 10-year median of 37.4. Based on the latest twelve months, the trailing P/E is 35.8 and the forward P/E is 23.4. Carpenter Technology earned a return on equity of 25.8% and a return on invested capital of 23.4% in fiscal 2026. It ended the year with $690.7 million of debt and $393.3 million in cash and short-term investments, net debt of $297.4 million. It returned $219.4 million to shareholders: $40.3 million in dividends and $179.1 million in share buybacks, 61% of free cash flow. The share count rose 7.0% from 47.1M to 50.4M over 9 years.
See the CRS income statement, the CRS chart for price history, or the CRS stock overview for the latest quote and news.
CRS key metrics FAQ
What is Carpenter Technology's P/E ratio?
Carpenter Technology's trailing P/E ratio is 35.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 23.4. At the end of fiscal 2026 it was 58.7, compared with a 10-year median of 37.4.
What is Carpenter Technology's EV/EBITDA?
Carpenter Technology's enterprise value was 37.3 times EBITDA at the end of fiscal 2026 (enterprise value $31.4 billion, EBITDA $841.1 million); the current EV/EBITDA is 23.5.
What is Carpenter Technology's return on equity?
Carpenter Technology's return on equity (ROE) was 25.8% in fiscal 2026: net income of $529.8 million on average shareholders' equity of $2.1 billion.
What is Carpenter Technology's ROIC?
Carpenter Technology's return on invested capital was 23.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Carpenter Technology have?
Carpenter Technology had total debt of $690.7 million at the end of fiscal 2026, a debt-to-equity ratio of 0.31 and $297.4 million of net debt (0.35 times EBITDA).
What is Carpenter Technology's dividend yield?
Carpenter Technology's forward dividend yield is 0.21%. Carpenter Technology paid $40.3 million in dividends in fiscal 2026 ($0.80 per share), a payout ratio of 7.6%.
Does Carpenter Technology buy back its shares?
Yes. Carpenter Technology spent $179.1 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.6% over the year, to 50.4M..
What is Carpenter Technology's free cash flow yield?
Carpenter Technology generated $362.3 million of free cash flow in fiscal 2026, a free cash flow yield of 1.2% on its market value at year-end ($31.1 billion).
What is Carpenter Technology's current ratio?
Carpenter Technology's current ratio was 3.81 at the end of fiscal 2026: current assets were 3.81 times current liabilities.