Carpenter Technology Corporation (CRS) Valuation — DCF, Graham & Comparables

Carpenter Technology Corporation (CRS) — Price $283.08 (closing price, October 30, 2026) — Basic Materials — Steel — NYSE

Latest reported results:

Valuation dashboard for Carpenter Technology Corporation (CRS) with P/E 24.96, P/B 6.46, EV/EBITDA 16.4 and dividend yield 0.28%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Basic Materials companies.

Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada. The company's operations are structured into two primary divisions: Specialty Alloys Operations and Performance Engineered Products.

What would it be worth at its usual multiples?

Versus its usual multiples: expensive · It trades at 25.0 times its last-12-month earnings and at 99.0 times its average earnings over nine years; above 25, the limit we take for the defensive investor. It is expensive.

It trades at 25.0 times its last-12-month earnings and at 99.0 times its average earnings over nine years; above 25, the limit we take for the defensive investor. It is expensive.

These are its average accounting earnings over its last nine years, losses included.

Analysis Summary

Carpenter Technology Corporation reported revenue of $3.12B in the most recent fiscal year, growing at a 5-year CAGR of 16.2%.

Trailing-twelve-month margins: gross margin 31.2%, operating margin 23.4%, net margin 17.9%.

At $283.08 (closing price, October 30, 2026), CRS trades at a P/E of 24.96 and an ROE of 26.93%. Market capitalisation stands at $14.0B, placing it among large-cap names.

Balance sheet quality for CRS: debt-to-equity ratio of 0.32, current ratio of 3.94 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio24.96
Price / Book6.46
EV / EBITDA16.4
Dividend Yield0.28%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
CRSCarpenter Technology Corporation$14.0B24.966.4626.9%
HWMHowmet Aerospace Inc.$79.5B39.0113.7736.7%
ATIATI Inc.$22.5B41.4011.2429.8%
HXLHexcel Corporation$5.9B34.914.4613.3%
MTRNMaterion Corporation$4.6B51.734.649.4%
DPCDPC Holdings Ltd.$3.9B4.06-66.5%

Price

Price$283.08 (closing price, October 30, 2026)
Market Cap$14.0B
ExchangeNYSE
CountryUS

Profitability

Return on Equity26.93%
Return on Invested Capital18.41%
Return on Assets15.22%
Gross Margin31.22%
Operating Margin23.37%
Net Margin17.87%

Related companies: HWM · ATI · HXL · MTRN · DPC

Explore sector: Basic Materials · Steel

More sections of CRS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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