profit from every $100 of sales.
$0$100
Carpenter Technology
$297.37-2.61% today
-9.2% in 1 year
1-year low $278.311-year high $619.25
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $27.81 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Carpenter Technology sold, what it kept, and what it did with the cash.
Sales went from $2.55 billion in 2023 to $3.12 billion in 2026, with $530 million of profit last year.
SalesProfit
Carpenter Technology handed back 61% of the cash it generated last year.
Buybacks $179M
Free cash flow 2026$362M
Bought back its own shares$179M
Paid as dividends$40M
Cash vs. debt$393M vs. $691M
Carpenter Technology vs. similar companies
Carpenter Technology grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Carpenter Technology | 27.8× · Fair price | ||
 ATI | 61.4× · Very expensive | ||
 Mueller Industries | 15.7× · Fair price | ||
 GPGI | No profit yet | ||
 Worthington Industries | 31.0× · Expensive |
Compare Carpenter Technology with Nucor · Steel Dynamics
AI analysis
An AI analyst reads Carpenter Technology's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 1,476 | 1,836 | 2,550 | 2,760 | 2,877 | 3,124 | |
| 1 | 150 | 337 | 584 | 769 | 956 | |
| -249 | -25 | 133 | 323 | 525 | 702 | |
| -125 | 113 | 268 | 412 | 670 | 849 | |
| -230 | -49 | 56 | 187 | 376 | 530 | |
| -4.76 | -1.01 | 1.14 | 3.70 | 7.42 | 10.52 | |
| 0.1% | 8.2% | 13.2% | 21.2% | 26.7% | 30.6% | |
| -16.8% | -1.4% | 5.2% | 11.7% | 18.3% | 22.5% | |
| -15.6% | -2.7% | 2.2% | 6.8% | 13.1% | 17.0% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 2,971 | 2,932 | 3,054 | 3,292 | 3,487 | 3,838 |
| Cash | 287 | 154 | 45 | 199 | 316 | 393 |
| Total debt | 695 | 702 | 702 | 703 | 703 | 691 |
| Total liabilities | 1,579 | 1,602 | 1,658 | 1,663 | 1,600 | 1,611 |
| 1,392 | 1,331 | 1,396 | 1,629 | 1,887 | 2,228 | |
| 48 | 49 | 49 | 50 | 51 | 50 | |
| -9.4% | -0.7% | 5.1% | 9.4% | 16.2% | 19.0% | |
| -16.5% | -3.7% | 4.0% | 11.5% | 19.9% | 23.8% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 250 | 6 | 15 | 275 | 440 | 605 | |
| 101 | 91 | 82 | 97 | 154 | 243 | |
| 150 | -85 | -68 | 178 | 286 | 362 | |
| Dividends paid | 39 | 39 | 39 | 40 | 40 | 40 |
| – | – | 0 | 0 | 102 | 179 | |
| 10 | 11 | 16 | 20 | 23 | 26 |
Valuation
- 27.8×
- 28.6×
- –
- 9.9×
- 4.7×
- 40.7×
- 17.7×
- 2.5%
- 3.6%
- 0.2%
Profitability
- 30.6%
- 22.5%
- 17.0%
- 25.8%
- 16.5%
- 2.3%
- 24.4%
- 13.0%
- 20.4%
- 0.9%
Growth
- +16.2%
- –
- +60.5%
- +0.0%
- +1.0%
Financial health
- 0.4×
- 0.34
- 19.0%
- 14.0×
- 3.73
- 2.08
- 0.82
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 12%of 981
Top 10%of 984
Bottom 37%of 863
Top 17%of 984
Bottom 38%of 986
What analysts expect
- Average price target
- $465.80
- Range
- $425.00 – $500.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 2.77 | 2.59 | +6.9% |
| Jan 29, 2026 | 2.33 | 2.22 | +5.0% |
| Oct 23, 2025 | 2.43 | 2.13 | +14.1% |
| Jul 31, 2025 | 2.21 | 2.07 | +6.8% |
| Apr 24, 2025 | 1.88 | 1.74 | +8.0% |
| Jan 30, 2025 | 1.66 | 1.56 | +6.4% |
| Oct 24, 2024 | 1.73 | 1.58 | +9.5% |
| Jul 25, 2024 | 1.82 | 1.51 | +20.5% |
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
+0.0%2020 to 2025
Raised–not every year
Paid per share, each year
$0.72 in 2015 → $0.80 in 2025
How safe it looks
7.6% of its profit
Room to growStretchedMore than it earns: 11.1%
News
Carpenter Technology Q1 2027 Earnings PreviewSeeking Alpha · Oct 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
56No pass
Benjamin Graham
45No pass
Philip Fisher
59No pass
Peter Lynch
84Pass
Joel Greenblatt
35No pass
Charlie Munger
54No pass
Terry Smith
50No pass
Questions about Carpenter Technology
Is Carpenter Technology a good stock to buy?
A solid business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Carpenter Technology AI analysis
What does Carpenter Technology do?
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It is in Manufacturing - Metal Fabrication, based in Philadelphia, PA, United States, with 4,500 employees.
Does Carpenter Technology pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 8% of its yearly profit. In 2026 it paid out $40.3 million in dividends.
Is Carpenter Technology stock halal?
Yes. Carpenter Technology passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Carpenter Technology stock done over the past year?
Down 9.2% over the past twelve months, to $297.37. It traded between $278.31 and $619.25 and is 52.0% below its high.
Who are Carpenter Technology's competitors?
The largest listed companies in the same industry are ATI, Mueller Industries, GPGI and Worthington Industries. The peers table on this page compares their profit, growth and price with Carpenter Technology's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.