Carpenter Technology Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.12B | $2.88B | $2.76B | $2.55B | $1.84B | $1.48B | $2.18B | $2.38B |
| Cost of Revenue | — | — | — | — | — | — | — | $1.94B |
| Gross Profit | $955.5M | $768.6M | $584.3M | $337.3M | $149.8M | $1.0M | $329.4M | $444.8M |
| Gross Margin | 30.6% | 26.7% | 21.2% | 13.2% | 8.2% | 0.1% | 15.1% | 18.7% |
| Operating Expenses | ||||||||
| Research & Development | $27.7M | $26.1M | $25.6M | $24.4M | $20.4M | $19.7M | $28.0M | $23.3M |
| SG&A Expense | $253.5M | $243.2M | $230.2M | $204.2M | $174.7M | $180.2M | $201.0M | $203.4M |
| Operating Income | $702.0M | $521.8M | $323.1M | $133.1M | $-24.9M | $-248.6M | $25.3M | $241.4M |
| Operating Margin | 22.5% | 18.1% | 11.7% | 5.2% | -1.4% | -16.8% | 1.2% | 10.1% |
| Interest Expense | — | — | — | $54.1M | $44.9M | $32.7M | $19.8M | $26.0M |
| Pretax Income | $656.2M | $467.3M | $211.6M | $72.5M | $-63.1M | $-297.9M | $6.1M | $216.0M |
| Income Tax Expense | $126.4M | $91.3M | $25.1M | $16.1M | $-14.0M | $-68.3M | $4.6M | $49.0M |
| Net Income | $529.8M | $376.0M | $186.5M | $56.4M | $-49.1M | $-229.6M | $1.5M | $167.0M |
| Net Margin | 17.0% | 13.1% | 6.8% | 2.2% | -2.7% | -15.6% | 0.1% | 7.0% |
| EPS (Basic) | $10.59 | $7.50 | $3.75 | $1.15 | $-1.01 | $-4.76 | $0.02 | $3.46 |
| EPS (Diluted) | $10.52 | $7.42 | $3.70 | $1.14 | $-1.01 | $-4.76 | $0.02 | $3.43 |
| Shares Outstanding (Basic) | 50.0M | 50.2M | 49.7M | 48.8M | 48.5M | 48.3M | 48.1M | 47.7M |
| Shares Outstanding (Diluted) | 50.4M | 50.7M | 50.3M | 49.2M | 48.5M | 48.3M | 48.2M | 48.1M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 |