CRS
IndustrialsCarpenter Technology Corporation · Manufacturing - Metal Fabrication · $22B
What is Carpenter Technology Corporation?
Carpenter Technology Corporation is a specialty metals manufacturer with more than a century of materials science expertise. Headquartered in Philadelphia, Pennsylvania, the company serves demanding industries where material performance is non-negotiable.
Carpenter Technology manufactures, fabricates, and distributes specialty alloys through two segments: Specialty Alloys Operations and Performance Engineered Products. Revenue comes from selling high-performance metals — including titanium alloys, stainless steels, and powder metals — to customers in aerospace, defense, medical, energy, and industrial markets. The company's value lies in engineering materials that meet extreme performance requirements, giving it a presence in supply chains where substitution is difficult.
Carpenter Technology was founded in 1889 and remains headquartered in Philadelphia, Pennsylvania.
- Titanium alloys for aerospace and medical applications
- Stainless and alloy steels for industrial and energy markets
- Powder metals and metal parts for precision manufacturing
- Tool steels for high-wear industrial tooling
- Specialty metal additives and advanced metal powders
Is CRS a Good Stock to Buy?
UQS Score rates CRS as Good overall, reflecting a balanced profile with notable standout pillars.
The Growth and Risk pillars both register as Strong — an uncommon combination that suggests Carpenter Technology is expanding while maintaining financial discipline. The Quality pillar also reads as Good, pointing to a business generating returns in line with its industrial peers.
The Moat pillar sits at Neutral, indicating that while Carpenter serves specialized markets, its competitive barriers are not yet rated as wide. Valuation is flagged as Elevated, meaning the market may already be pricing in a meaningful portion of the growth story.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does CRS pay dividends?
Yes — Carpenter Technology Corporation pays a dividend.
Carpenter Technology pays a regular dividend, which is relatively uncommon among specialty materials companies still investing heavily in capacity and growth. The dividend reflects management's confidence in cash generation while balancing reinvestment needs. Income-oriented investors may find the combination of a dividend and a Strong Growth pillar worth examining more closely.
When does CRS report earnings?
Carpenter Technology reports earnings on a quarterly cadence, consistent with US-listed industrial equities.
The company's Strong Growth pillar suggests recent results have tracked above what the broader industrials sector has delivered. Aerospace and defense demand has been a meaningful tailwind for specialty alloy producers. Investors should review the most recent quarter for segment-level detail.
For the most recent quarter's results and guidance, visit Carpenter Technology's investor relations page directly.
CRS Price History
+873.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Carpenter Technology Corporation?
Based on Carpenter Technology Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
CRS Long-term Outlook
Carpenter Technology's fundamental outlook is shaped by two pillar-level signals: Strong Growth and Strong Risk. That combination points to a business with expanding demand and a financial profile that is not stretched. The Elevated Valuation pillar, however, is a reminder that forward expectations are already embedded in the price — leaving less room for error if aerospace or defense order cycles soften.
Growth drivers
- Sustained aerospace and defense demand for high-performance specialty alloys
- Medical device and energy sector adoption of advanced titanium and powder metals
- Capacity investments in additive manufacturing and engineered products
Key risks
- Elevated valuation leaves limited margin of safety if growth decelerates
- Cyclical end markets — aerospace build rates and defense budgets can shift
- Raw material cost volatility affecting specialty alloy input economics
CRS vs Peers
Carpenter Technology operates in a competitive specialty metals landscape alongside several publicly traded peers.
ATI is a direct rival in aerospace-grade titanium and nickel alloys, competing closely with Carpenter across similar end markets.
Mueller focuses on copper and brass products, serving different end markets but competing in the broader specialty metals distribution space.
ESAB specializes in welding and cutting technologies, overlapping with Carpenter in industrial and energy fabrication workflows.
Frequently Asked Questions
What does Carpenter Technology do?
Carpenter Technology manufactures and distributes specialty alloys — including titanium alloys, stainless steels, powder metals, and tool steels. It operates through two segments: Specialty Alloys Operations and Performance Engineered Products. Its customers span aerospace, defense, medical, energy, and industrial markets where material performance requirements are exceptionally demanding.
Does CRS pay dividends?
Yes, Carpenter Technology pays a regular dividend. For a specialty metals company that is also investing in growth, maintaining a dividend signals confidence in ongoing cash generation. Investors should verify the current dividend rate and payment schedule on the company's investor relations page.
When does CRS report earnings?
Carpenter Technology follows a standard quarterly earnings cadence for US-listed companies. Specific upcoming report dates are not covered by our data source — check the company's investor relations page or a financial calendar for the next scheduled release.
Is CRS a good stock to buy?
UQS Score rates CRS as Good overall. The Growth and Risk pillars are both Strong, while Quality is Good. The main caution is an Elevated Valuation pillar, which suggests the market has priced in considerable optimism. Whether that profile suits your portfolio depends on your own investment criteria — the full pillar breakdown is available to Pro members.
Is CRS overvalued?
The UQS Valuation pillar for CRS is rated Elevated, meaning the stock appears to be priced above what a neutral valuation framework would suggest. This does not make it uninvestable, but it does mean growth expectations are already reflected in the price. View the complete valuation metrics with a Pro account.
How does CRS compare to its competitors?
Carpenter Technology competes with specialty metals and industrial materials peers including ATI Inc., Mueller Industries, and ESAB Corporation. Each competitor has a different product mix and end-market focus. UQS Score provides a side-by-side pillar comparison for Pro members, making it easier to evaluate relative quality and valuation.
What is CRS's market cap bracket?
Carpenter Technology is classified as a large-cap company. This places it among the more established names in the specialty metals and industrials sector, with the scale to serve major aerospace and defense supply chains.
Who founded Carpenter Technology?
Carpenter Technology was founded in 1889, giving it well over a century of operating history in specialty metals. Founding details are widely available through the company's official history and public filings.
Is CRS a long-term quality stock?
As a long-term quality indicator, CRS scores as Good on the UQS composite. The Strong Growth and Strong Risk pillars suggest a business with durable demand drivers and financial resilience. The Neutral Moat pillar is worth monitoring — wider competitive barriers would strengthen the long-term quality case. Pro members can track pillar changes over time.
What is the main competitive advantage of Carpenter Technology?
Carpenter Technology's edge lies in deep materials science expertise and long-standing relationships with customers in aerospace, defense, and medical markets — industries where switching suppliers carries high qualification costs. Its powder metals and titanium alloy capabilities also position it in advanced manufacturing workflows that require specialized know-how.
What sector does CRS belong to?
Carpenter Technology is classified in the Industrials sector, specifically within specialty metals and materials. Its end-market exposure to aerospace, defense, and medical gives it characteristics that can differ meaningfully from broader industrial cyclicals.
Is CRS a growth stock or value stock?
Based on UQS pillar labels, CRS leans toward growth — the Growth pillar is rated Strong. However, the Valuation pillar is Elevated, which is more typical of a growth-oriented stock than a value one. It does not fit neatly into either category, making the full pillar breakdown useful for context.
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Pro Analysis
CRS — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.7 | 0.0 |
| May 22, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.5 | -0.1 |
| May 21, 2026 | 65.0 | 77.5 | 44.0 | 81.4 | 88.2 | 33.9 | 0.0 |
| May 17, 2026 | 65.0 | 77.5 | 44.0 | 81.4 | 88.2 | 34.2 | 0.0 |
| May 16, 2026 | 65.0 | 77.5 | 44.0 | 81.4 | 88.2 | 34.1 | +0.1 |
| May 15, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.6 | 0.0 |
| May 14, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.4 | -0.1 |
| May 13, 2026 | 65.0 | 77.5 | 44.0 | 81.4 | 88.2 | 33.8 | +0.1 |
| May 12, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.6 | 0.0 |
| May 11, 2026 | 64.9 | 77.5 | 44.0 | 81.4 | 88.2 | 33.7 | -1.9 |
CRS — Pillar Breakdown
Quality
— 77.5/100 (25%)Carpenter Technology Corporation demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 81.4/100 (20%)Carpenter Technology Corporation is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 88.2/100 (15%)Carpenter Technology Corporation carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 33.7/100 (15%)Carpenter Technology Corporation appears expensively valued relative to its fundamentals and growth prospects.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 44/100 (25%)Carpenter Technology Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CRS.
Score Composition
Financial Data
More Stock Analysis
How is the CRS UQS Score Calculated?
The UQS (Unified Quality Score) for Carpenter Technology Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Carpenter Technology Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Carpenter Technology Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.