CRS CARPENTER TECHNOLOGY CORP

Overview and Growth

Fiscal 2026 results for CARPENTER TECHNOLOGY CORP combined $3.12B of revenue with net income of $529.80M and an operating cash inflow of $605.00M. Revenue of $3.12B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $2.88B in fiscal 2025, revenue recorded a 8.6% year-over-year increase. The company reported diluted EPS of $10.52, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS increased by 41.8% from $7.42 in fiscal 2025, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 0.81x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $955.50M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 30.6% of revenue, showing how much of the top line remained after direct costs. Operations produced $702.00M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 22.5%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $529.80M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 17.0% margin after operating costs and the remaining recognized items. The earnings statement records $656.20M of pretax income, the profit base against which the reported tax provision can be assessed. Pretax income represented 21.0% of revenue, placing earnings before tax in the context of the company’s operating scale. The reported income-tax provision was $126.40M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 19.3%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

The company held $3.84B of assets against $1.61B of liabilities and $2.23B of equity, revealing how the asset base was financed. The near-term balance sheet paired $1.98B of current assets with $520.00M of current liabilities at the reporting date. Current assets covered current liabilities by 3.81x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $393.30M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 75.6%, excluding receivables and other current assets. The company carried $690.70M of total debt at period end, which frames its leverage and debt-service burden. Against book equity, debt measured 0.31x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 18.0%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 42.0%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 10.2%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $605.00M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 1.14x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $242.70M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 40.1%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $362.30M, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 11.6%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 9.4%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Jun 30, 2026. Analysis generated Oct 21, 2026.