Stock Analysis
Carpenter Technology CorpCRS
P/E 39.01×· 5Y range 20.56–166.52×· 46th percentile of history
Sector: Industrials · Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
AnalystsStrong Buy15 analystsP/E 39.0× sits at the 46th percentile of its 5.062286105407256-year history.
Cash covers 54% of debt · FY 2026.
PMP Verdict
High quality, fairly valued
Strengths
- Financial Health88
- Quality84
Risks
- Growth45
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Piotroski F-Score 9/9 — high earnings quality
- ✓Altman Z 9.7 — safe-zone balance sheet
- ✓ROE 21.5% — efficient capital deployment
- ✓Revenue CAGR 14.2% — durable top-line growth
What's happening with CRS
Profile
Strong financial health, earnings quality and profitability; moat, valuation and growth lag behind.
How is each axis scored?
- Valuation34/100 · Weak
- P/E vs own history (46th pct)12/25
- FCF yield (2.2%)5/25
- P/S (6.2x)12/25
- EV/EBIT (29.4x)5/25
- Growth45/100 · Weak
- Revenue CAGR (14.2%)20/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (39.0%)25/25
- Profitability80/100 · Strong
- ROIC (19.9%)20/25
- ROE (21.5%)20/25
- Net margin (15.8%)20/25
- Operating margin (21.3%)20/25
- Financial Health88/100 · Strong
- Altman Z (9.74)25/25
- Current ratio (3.81)25/25
- Interest coverage (5.6x)18/25
- Net cash / debt (D/A 9%)20/25
- Quality84/100 · Strong
- Piotroski F (9/9)25/25
- Beneish M (-2.57)25/25
- FCF conversion (85%)22/25
- Margin stability (σ 9.9%)12/25
- Moat24/100 · Weak
- ROIC >12% years (3/10 yrs)6/25
- Median gross margin (16.8%)0/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst -15.6%)0/25
Risk Flags
- ⚠2 loss-making years in recent history
About Carpenter Technology Corp
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. Show more
The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
Headquarters: PHILADELPHIA, PA · Employees: 4,500 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
34DP/E (TTM)39.0xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 20.6x–166.5x · 46th pct
P/FCF50.8xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.2%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -9.5%–13.1% · 70th pct
P/S (TTM)6.17xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 0.7x–10.3x · 86th pct
EV/EBIT29.4xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 15.1x–1090.5x · 52nd pct
EV/Sales6.0xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E28.1xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio8.39xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.79B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.22%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio7.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
80AROIC19.9%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE21.5%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA14.7%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin15.8%A
Grade A: HighNet Income / Revenue
Operating Margin21.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin29.7%D
Grade D: LowGross Profit / Revenue
FCF Margin13.5%C
Grade C: AverageFCF / Revenue
True FCF Margin12.6%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
45D+Revenue CAGR14.2%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth39.0%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+2.6%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income5.3%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.8%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
88AAltman Z-Score9.74A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio3.81xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.23xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage5.6xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment0.8yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.5xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.33xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.54xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
84APiotroski F-Score9/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.57A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion85.0%A
Grade A: StrongFCF / Net Income
Margin Stability9.9%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue7.1%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.87xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
WARD JR STEPHEN M Filed | WARD JR STEPHEN M | Option exercise | -3275 | |
WARD JR STEPHEN M Filed | WARD JR STEPHEN M | Tax withholding | -338 | |
WARD JR STEPHEN M Filed | WARD JR STEPHEN M | Option exercise | +3.3K | |
MCLANE CHARLES DOUGLAS JR Filed | MCLANE CHARLES DOUGLAS JR | Grant / award | +193 | |
MCLANE CHARLES DOUGLAS JR Filed | MCLANE CHARLES DOUGLAS JR | Grant / award | +361 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
HART ANASTASIOS JOHN Filed | HART ANASTASIOS JOHN | Grant / award | +193 | |
HART ANASTASIOS JOHN Filed | HART ANASTASIOS JOHN | Grant / award | +361 | |
ACOFF VIOLA L Filed | ACOFF VIOLA L | Grant / award | +193 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
24EROIC >12% Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)16.8%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-15.6%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$9.67
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$7.93
Cash & short-term investments per share (Finnhub)
Book Value / Share$44.91
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$727.50M
Total debt obligations (short + long term)
Cash & Equiv.$393.30M
Cash and short-term investments
Net Debt$334.20M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.23B
Shareholders' equity (book value)
Asset / Liability2.38xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$18.69B
Current Market Capitalization
Beta1.39C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Carpenter Technology Corp (CRS)
CRS is down 0.91% at the last close. Carpenter Technology Corp meets 9 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 9.74 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.57 suggests a low likelihood of earnings manipulation.
- Takes ~0.8 years to repay net debt from free cash flow.
- Carpenter Technology Corp posted a net loss in 2 of 10 available completed fiscal years (2017–2026).
- Return on equity of 21.5% is well above the market average.
See how CRS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CRS moves →Frequently Asked Questions about CRS
What is the current Carpenter Technology Corp (CRS) stock price?
CRS is trading at $377.09 at the last market close, down 0.91% on the session. PreMarketPrice tracks CRS pre-market, intraday and after-hours prices.
Is CRS stock a buy right now?
PreMarketPrice's quantitative model rates Carpenter Technology Corp's financial health at 88/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CRS stock overvalued?
Carpenter Technology Corp trades at a trailing P/E of 39.0 and our valuation score rates it 34/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Carpenter Technology Corp report earnings?
No confirmed earnings date is currently scheduled for CRS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Carpenter Technology Corp operate in?
Carpenter Technology Corp operates in the Industrials sector, within the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. The Related Stocks section lists sector peers for comparison.
What does Carpenter Technology Corp do?
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others.
About Carpenter Technology Corp (CRS) Stock
Carpenter Technology Corp (CRS) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. As of the latest update, Carpenter Technology Corp is trading at $377.09, down 0.91% on the day with a market capitalization of $18.7 billion. The financial health score for CRS is 88/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CRS stock.
CRS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Carpenter Technology Corp (CRS) across multiple dimensions:
- Pre-market price & movement: Real-time CRS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CRS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Carpenter Technology Corp across multiple reporting periods.
- Financial health score: A composite score of 88/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CRS.
- Sector peers: Compare CRS against 6 other industrials stocks on key financial metrics.
Is CRS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Carpenter Technology Corp (CRS) as an investment. The financial health score of 88/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Carpenter Technology Corp (CRS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.