Carpenter Technology reported strong results for Q3 FY2026 ended March 31, 2026. Revenue grew 11.6% year-over-year to $811.5 million, while net income surged 46.3% to $139.6 million. Operating income rose 35.3% to $186.5 million, and diluted EPS increased 47.3% to $2.77. The company maintained a solid balance sheet with $294.8 million in cash, $2.07 billion in equity, and $690.4 million in long-term debt.
•Revenue increased 11.6% YoY to $811.5M.
•Net income jumped 46.3% to $139.6M.
•Diluted EPS rose 47.3% to $2.77.
•Operating income grew 35.3% to $186.5M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Carpenter Technology provides the manufacture, fabrication, and distribution of specialty metals globally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. The company serves the aerospace, defense, medical, transportation, energy, industrial, and consumer markets. Founded in 1889, the company is headquartered in Philadelphia, Pennsylvania.
What does Carpenter Technology Corporation (CRS) do?
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals globally. The company operates through two segments: Specialty Alloys Operations and Performance Engineered Products. Its product portfolio includes titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. These materials are used in critical applications across aerospace, defense, medical, transportation, energy, industrial, and consumer markets. Founded in 1889 and headquartered in Philadelphia, Pennsylvania, Carpenter Technology is a key supplier of high-performance alloys for demanding industries.
Where is Carpenter Technology (CRS) listed and in which currency?
Carpenter Technology Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol CRS. The company's financials are reported in US Dollars (USD), reflecting its headquarters and primary operations in the United States. As a US-based company trading on a major American exchange, its stock is accessible to investors through standard brokerage accounts.
What sector and industry does Carpenter Technology (CRS) belong to?
Carpenter Technology operates in the Industrials sector, specifically within the Metal Fabrication industry. This classification reflects its core business of producing and processing specialty metals and alloys. The company's activities involve melting, forging, rolling, and finishing advanced materials used in high-stress environments. As a metal fabricator, it serves as a critical link between raw material suppliers and end-users in industries like aerospace and defense.
Where is Carpenter Technology headquartered and what markets does it serve?
Carpenter Technology Corporation is headquartered in Philadelphia, Pennsylvania, United States. The company serves a diverse range of global markets, including aerospace, defense, medical, transportation, energy, industrial, and consumer sectors. Its specialty alloys and engineered products are used in aircraft components, medical implants, oil and gas equipment, automotive parts, and power generation systems. With a history dating back to 1889, the company has established a strong presence in the US and international markets.
How does Carpenter Technology (CRS) generate revenue through its business segments?
Carpenter Technology generates revenue through two primary segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment produces and sells specialty alloys in various forms such as bar, rod, wire, and billet, serving customers in aerospace, defense, medical, and energy markets. The PEP segment manufactures metal powders, parts, and components using advanced technologies like powder metallurgy and additive manufacturing. This segment caters to specialized applications requiring high-performance materials. Together, these segments allow Carpenter to capture value across the supply chain, from raw material processing to finished components.