# Carpenter Technology Corporation (CRS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Building Products. Price $475.33, market value $23.6 billion.

## Valuation
- **P/E (trailing): 45.3×** (5-yr avg 43.4×, 3-yr avg 41.7×). Carpenter Technology Corporation trades at 45.3× trailing earnings, close to its own five-year average of 43.4×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 29.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.72**. A PEG of 0.72 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 7.5×**. Each dollar of revenue is priced at 7.5×.
- **Price / book: 10.6×**. The shares trade at 10.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 28.1×**. Enterprise value is 28.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.5%** (5-yr avg -0.5%). Free cash flow equals 1.5% of the market value, above its five-year average of -0.5%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.2%**. The inverse of the P/E: 2.2% of the price is earned each year.

## Profitability
- **Gross margin: 30.6%**. Carpenter Technology Corporation keeps 30.6% of revenue after the direct cost of what it sells.
- **Operating margin: 22.5%**. 22.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 17.0%**. 17.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.8%**. 23.8% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 22.0%**. Return on all capital, debt included, is 22.0%: comfortably above what that capital costs.
- **Return on assets: 13.8%**. Each dollar of assets produces 13.8% of profit.

## Growth
- **Revenue growth (1 yr): 8.6%** (3-yr 7.0%/yr, 5-yr 16.2%/yr). Revenue grew 8.6% over the last year, against 16.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 41.8%** (3-yr 109.8%/yr). Earnings per share rose 41.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.31**. Debt is 0.31 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.4×**. It would take 0.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 3.81** (quick 3.81). Current assets cover the next year's liabilities 3.81 times.
- **Altman Z-score: 11.46**. A Z-score of 11.46 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.17%** ($0.80 per share, trailing). Carpenter Technology Corporation yields 0.17%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 8%** (11% of free cash flow). 8% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover Carpenter Technology Corporation; the consensus is strong_buy, with an average price target of $625.88 (+32% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 98.2%** (YTD 51.1%, 3-mo -1.7%). The shares are up 98.2% over twelve months including dividends.
- **From 52-week high: -24.1%** (108.5% above the low). Trading 24% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 1.53** (volatility 49%). Beta of 1.53 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CRS · Page: https://foliofundamentals.com/stocks/crs

Not investment advice.