Carpenter Technology Corp income statement
In fiscal 2026, Carpenter Technology Corp reported revenue of $3.12bn, up 8.6% on the year before, operating income of $702m (a 22.5% margin) and net income of $530m, or $10.52 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,199 | 1,675 | 2,029 | 2,272 | 2,173 | 2,227 | 1,813 | 1,798 | 2,158 | 2,380 | 2,181 | 1,476 | 1,836 | 2,550 | 2,760 | 2,877 | 3,124 | 3,189 |
| Cost of revenue | 1,054 | 1,426 | 1,638 | 1,838 | 1,774 | 1,908 | 1,535 | 1,497 | 1,775 | 1,935 | — | — | — | — | — | — | — | — |
| Gross profit | 145 | 249 | 391 | 434 | 399 | 318 | 256 | 301 | 382 | 445 | 329 | 1 | 150 | 337 | 584 | 769 | 956 | 995 |
| Research and development | 18 | 19 | 21 | 19 | 19 | 19 | 16 | 17 | 19 | 23 | 28 | 20 | 20 | 24 | 26 | 26 | 28 | — |
| Selling, general and administrative | 133 | 150 | 169 | 201 | 187 | 178 | 174 | 176 | 193 | 203 | 201 | 180 | 175 | 204 | 230 | 243 | 254 | 250 |
| Operating income | 12 | 96 | 210 | 233 | 212 | 112 | 52 | 122 | 189 | 241 | 25 | −249 | −25 | 133 | 323 | 522 | 702 | 745 |
| Interest expense | 18 | 17 | 24 | 21 | 17 | 28 | 28 | 30 | 28 | 26 | 20 | 33 | 45 | 54 | 51 | 48 | 38 | 34 |
| Income before tax | 5 | 88 | 189 | 217 | 196 | 89 | 22 | 70 | 160 | 216 | 6 | −298 | −63 | 73 | 212 | 467 | 656 | 704 |
| Income tax | 3 | 16 | 67 | 70 | 64 | 30 | 10 | 23 | −28 | 49 | 5 | −68 | −14 | 16 | 25 | 91 | 126 | 134 |
| Net income | 2 | 71 | 121 | 146 | 133 | 59 | 11 | 47 | 189 | 167 | 2 | −230 | −49 | 56 | 187 | 376 | 530 | 570 |
| Diluted EPS | $0.04 | $1.59 | $2.53 | $2.73 | $2.47 | $1.11 | $0.23 | $0.99 | $3.92 | $3.43 | $0.02 | −$4.76 | −$1.01 | $1.14 | $3.70 | $7.42 | $10.52 | $11.35 |
| Diluted shares (average) | 44m | 45m | 48m | 53m | 54m | 53m | 48m | 47m | 48m | 48m | 48m | 48m | 49m | 49m | 50m | 51m | 50m | 50m |
| EBITDA | 71 | 163 | 294 | 337 | 324 | 234 | 171 | 239 | 306 | 363 | 149 | −125 | 107 | 264 | 458 | 661 | 849 | 893 |
| Quarter | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 | 2027 Q1Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 677 | 727 | 756 | 734 | 728 | 812 | 851 | 798 |
| Gross profit | 178 | 201 | 214 | 216 | 218 | 252 | 269 | 256 |
| Selling, general and administrative | 59 | 63 | 63 | 63 | 63 | 65 | 62 | 60 |
| Operating income | 119 | 138 | 151 | 153 | 155 | 187 | 207 | 196 |
| Interest expense | 12 | 12 | 12 | 12 | 10 | 9 | 8 | 7 |
| Income before tax | 105 | 122 | 139 | 145 | 130 | 177 | 205 | 192 |
| Income tax | 21 | 27 | 27 | 22 | 25 | 37 | 42 | 30 |
| Net income | 84 | 95 | 112 | 123 | 105 | 140 | 162 | 163 |
| Diluted EPS | $1.66 | $1.88 | $2.21 | $2.43 | $2.09 | $2.77 | $3.23 | $3.25 |
| EBITDA | 153 | 173 | 187 | 189 | 191 | 223 | 245 | 233 |
Compare with peers
- Worthington Steel, Inc. income statement
- Suncoke Energy, Inc. income statement
- Algoma Steel Group Inc. income statement
- Ryerson Holding Corp income statement
- Metallus Inc. income statement
Head to head: CRS vs WSCRS vs SXCASTL vs CRSCRS vs RYZ
More: Steel stocks compared, Materials sector, rankings of US companies