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CRS

NYSE
Neutral · 49/100

Carpenter Technology Corp

Industrials
Aerospace & Defense

$617.08

3.3%

Updated Today 12:11 PM ET

Report Card

CRS at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Neutral · 49/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 120.4% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$29.67B

P/E

61.94x

Forward P/E (est.)

45.96x

ROE

24.4%

Revenue Growth

3.7%

EPS Growth

34.8%

Profit Margin

15.8%

FCF Yield

0.8%

Debt / Equity

0.37x

ROIC

15.0%

Interest Coverage

9.65x

Current Ratio

3.73x

Dividend Yield

0.1%

Implied Growth (rev. DCF)

8.0%

Rating Score

49/100

Business Overview
Research

Carpenter Technology Corp (CRS) is a large-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500, with a market value around $29.67B.

In its latest reported year it generated about $2.88B in revenue and $376.00M in net profit.

Our model rates CRS Neutral (49/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CRS's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CRS trades near $617.08, above its 50-day average ($492.75) and 200-day average ($374.49). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 71 it is overbought — the recent rally is stretched and can cool off.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. CRS's is $22.66 (~3.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month CRS found buyers near $480.70 (support) and sellers near $624.50 (resistance); its 52-week range is $228.00–$624.50. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

18.2%

3/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $1.80B in 2017 to $2.88B in 2025, a 6.1% compound annual growth rate. The most recent year was roughly flat (3.7%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research
4/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

26.7%

Operating Margin

18.1%

Net Margin

13.1%

ROE

24.4%

Carpenter Technology Corp keeps about 15.8% of each sales dollar as net profit, with a 26.7% gross margin and 18.1% operating margin. Return on equity is 24.4% and return on invested capital about 15.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
4/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$692.70M

Net Debt

$397.90M

Net Debt / EBITDA

0.76x

Debt / Equity

0.37x

Leverage: debt-to-equity is 0.4x, and operating profit covers interest about 9.7x, with a current ratio of 3.7x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $692.70M of total debt against $294.80M of cash.

Cash Flow Analysis
Research
1/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$440.40M

Free Cash Flow

$286.10M

FCF Margin

9.9%

In the latest year Carpenter Technology Corp produced about $440.40M of operating cash flow and $286.10M of free cash flow after capital spending. That is a free-cash-flow yield of about 0.8% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
2/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

61.94x

P/S

10.31x

P/B

7.29x

EV / EBITDA

45.49x

CRS trades at 61.9x trailing earnings (about 46.0x on estimated forward earnings), 10.3x sales, and 7.3x book value. Reverse-engineering today's price implies the market expects roughly 8.0% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$97.31

Current price

$617.08

-84% · Above fair-value estimate

Starting FCF (latest 10-K)

$286.10M

Growth, years 1–5

3.7%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$2.18B
PV of terminal value$2.65B
Estimated equity value$4.83B
Shares outstanding50M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where CRS sits versus its Industrials sector peers in the S&P 500.

TTM P/E
61.9xExpensive
Forward P/E
46.0xExpensive
P/S ratio
10.3xExpensive
Revenue growth
3.7%Average
EPS growth
34.8%Strong
Gross margin
26.7%Average
Net margin
15.8%Strong
ROE
24.4%Average

Bands show the middle half (25th–75th percentile) of the 87 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How CRS stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (165 S&P 500 companies), CRS ranks #46 of 165 by our overall rating. It trades at a premium versus the sector on earnings (61.9x P/E vs. 32x median) with a higher return on equity (24.4% vs. 19.7%) and slower revenue growth (3.7% vs. 5.2%).

P/E vs sector

61.9x

median 32x

ROE vs sector

24.4%

median 19.7%

Growth vs sector

3.7%

median 5.2%

Sector rank

#46

of 165 by rating

CompanyP/ERev Gr.Rating
CRSThis stock61.9x3.7%Neutral· 49
CW55x12.2%Neutral· 53
ATI60.3x2.9%Weak· 36
HEI53.3x18.8%Favorable· 59
AXON34.0%Neutral· 42
BWXT50.8x21.4%Neutral· 52
LHX31.8x-20.8%Weak· 38
EMBJ36.2x15.2%Weak· 39
Industrials median32x5.2%21/100

Valuation vs. quality map

sector medianCWATIHEIBWXTLHXEMBJCRSP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 165 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $617.08 today · expected CAGR -11%-2%

Metric20262027202820292030
Revenue$2.99B$3.11B$3.24B$3.37B$3.50B
Net income$388.98M$404.54M$420.73M$437.55M$455.06M
EPS$7.83$8.14$8.47$8.81$9.16
Share price (low)$289.67$301.26$313.31$325.84$338.87
Share price (high)$485.39$504.81$525.00$546.00$567.84
CAGR (low–high)-53% / -21%-30% / -10%-20% / -5%-15% / -3%-11% / -2%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for CRS:

  • High net margins (15.8%) point to pricing power or efficiency.
  • Strong return on equity (24.4%) shows capital is put to work well.
  • A conservative balance sheet (debt/equity 0.4x) lowers risk.
Bear Case

The case against CRS:

  • A rich 61.9x earnings multiple prices in a lot of growth.
  • Limited free cash flow at today's price.
Key Risks
Research

Valuation risk — at 61.9x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Carpenter Technology Corp is a large-cap industrials business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 61.9x earnings, which our model scores Neutral (49/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

CRS — frequently asked questions

Is CRS a good stock to buy?

We don't give buy or sell advice. Our model rates Carpenter Technology Corp Neutral (49/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is CRS's rating on The Stocks School?

Carpenter Technology Corp currently scores 49/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does CRS's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Carpenter Technology Corp's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for CRS calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this CRS analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell CRS. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.