Carpenter Technology Corporation (CRS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 811.5M | 728M | 733.7M | 755.6M | 727M | 676.9M | 717.6M | 798.6M | 684.9M | 624.2M | 651.9M | 758.2M | 690.1M | 579.1M | 522.9M | 563.7M | 489M | 396M | 387.6M | 421.6M |
| Revenue Growth % | 11.62% | 7.55% | 2.24% | -5.38% | 6.15% | 8.44% | 10.08% | 5.33% | -0.75% | 7.79% | 24.67% | 34.5% | 41.12% | 46.24% | 34.91% | 33.7% | 38.96% | 13.53% | 9.71% | -3.59% |
| Cost of Goods Sold | 559.7M | 509.7M | 517.3M | 541.6M | 526.2M | 499.4M | 541.3M | 608M | 537.9M | 501.6M | 527.8M | 639.1M | 596.6M | 509.1M | 468.1M | 491.7M | 449.5M | 382.9M | 362.4M | 442.9M |
| COGS % of Revenue | 68.97% | 70.01% | 70.51% | 71.68% | 72.38% | 73.78% | 75.43% | 76.13% | 78.54% | 80.36% | 80.96% | 84.29% | 86.45% | 87.91% | 89.52% | 87.23% | 91.92% | 96.69% | 93.5% | 105.05% |
| Gross Profit | 251.8M | 218.3M | 216.4M | 214M | 200.8M | 177.5M | 176.3M | 190.6M | 147M | 122.6M | 124.1M | 119.1M | 93.5M | 70M | 54.8M | 72M | 39.5M | 13.1M | 25.2M | -21.3M |
| Gross Margin % | 31.03% | 29.99% | 29.49% | 28.32% | 27.62% | 26.22% | 24.57% | 23.87% | 21.46% | 19.64% | 19.04% | 15.71% | 13.55% | 12.09% | 10.48% | 12.77% | 8.08% | 3.31% | 6.5% | -5.05% |
| Gross Profit Growth % | 25.4% | 22.99% | 22.75% | 12.28% | 36.6% | 44.78% | 42.06% | 60.03% | 57.22% | 75.14% | 126.46% | 65.42% | 136.71% | 434.35% | 117.46% | 438.03% | 208.59% | 118.33% | 620% | -294.44% |
| Operating Expenses | 65.3M | 63.1M | 63.1M | 62.6M | 63M | 58.6M | 62.7M | 82.3M | 71.1M | 52.8M | 55.1M | 56.2M | 54.2M | 47.4M | 46.5M | 47.4M | 38.4M | 44.6M | 44.3M | 49.5M |
| OpEx % of Revenue | 8.05% | 8.67% | 8.6% | 8.28% | 8.67% | 8.66% | 8.74% | 10.31% | 10.38% | 8.46% | 8.45% | 7.41% | 7.85% | 8.19% | 8.89% | 8.41% | 7.85% | 11.26% | 11.43% | 11.74% |
| Selling, General & Admin | 65.3M | 63.1M | 63.1M | 62.6M | 63M | 58.6M | 59.1M | 65.4M | 57M | 52.8M | 55.1M | 56.2M | 54.2M | 47.4M | 46.5M | 47.4M | 38.4M | 44.6M | 44.3M | 47.9M |
| SG&A % of Revenue | 8.05% | 8.67% | 8.6% | 8.28% | 8.67% | 8.66% | 8.24% | 8.19% | 8.32% | 8.46% | 8.45% | 7.41% | 7.85% | 8.19% | 8.89% | 8.41% | 7.85% | 11.26% | 11.43% | 11.36% |
| Research & Development | 0 | 0 | 0 | 26.1M | 0 | 0 | 0 | 25.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 3.45% | - | - | - | 3.21% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | 0 | 1000K | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Operating Income | 186.5M | 155.2M | 153.3M | 151.4M | 137.8M | 118.9M | 113.6M | 108.3M | 75.9M | 69.8M | 69M | 62.9M | 39.3M | 22.6M | 8.3M | 24.6M | 1.1M | -31.5M | -19.1M | -70.8M |
| Operating Margin % | 22.98% | 21.32% | 20.89% | 20.04% | 18.95% | 17.57% | 15.83% | 13.56% | 11.08% | 11.18% | 10.58% | 8.3% | 5.69% | 3.9% | 1.59% | 4.36% | 0.22% | -7.95% | -4.93% | -16.79% |
| Operating Income Growth % | 35.34% | 30.53% | 34.95% | 39.8% | 81.55% | 70.34% | 64.64% | 72.18% | 93.13% | 208.85% | 731.33% | 155.69% | 3472.73% | 171.75% | 143.46% | 134.75% | 102.75% | 64.61% | 60.86% | 52.23% |
| EBITDA | 223.2M | 191.3M | 189.3M | 187M | 173.3M | 153.2M | 147.4M | 142.1M | 110M | 103.4M | 102.1M | 96.4M | 72M | 55.1M | 40.6M | 57.5M | 34.3M | 1.3M | 13.4M | -38.8M |
| EBITDA Margin % | 27.5% | 26.28% | 25.8% | 24.75% | 23.84% | 22.63% | 20.54% | 17.79% | 16.06% | 16.57% | 15.66% | 12.71% | 10.43% | 9.51% | 7.76% | 10.2% | 7.01% | 0.33% | 3.46% | -9.2% |
| EBITDA Growth % | 28.79% | 24.87% | 28.43% | 31.6% | 57.55% | 48.16% | 44.37% | 47.41% | 52.78% | 87.66% | 151.48% | 67.65% | 109.91% | 4138.46% | 202.99% | 248.2% | 528.75% | 102.16% | 174.86% | 66.7% |
| D&A (Non-Cash Add-back) | 36.7M | 36.1M | 36M | 35.6M | 35.5M | 34.3M | 33.8M | 33.8M | 34.1M | 33.6M | 33.1M | 33.5M | 32.7M | 32.5M | 32.3M | 32.9M | 33.2M | 32.8M | 32.5M | 32M |
| EBIT | 185.7M | 140.2M | 156.3M | 154.8M | 137.9M | 121.2M | 117.4M | 110.1M | 26.7M | 71.7M | 68.5M | 72.6M | 41M | 23.2M | 4.8M | 18.8M | 2.9M | -24.9M | -15M | -68.9M |
| Net Interest Income | -6.7M | -10.2M | -9.3M | -13.7M | -14.3M | -14.5M | -14M | -14.8M | -16.5M | -16.3M | -16M | -23.6M | -16.9M | -15.4M | -12.5M | -13.3M | -11.2M | -10.1M | -5.7M | -10.1M |
| Interest Income | 2M | 0 | 2.2M | 2M | 1.6M | 1.6M | 2.3M | 1.4M | 100K | 200K | 200K | 400K | 100K | 100K | 100K | 0 | 0 | 0 | 4.5M | 0 |
| Interest Expense | 8.7M | 10.2M | 11.5M | 15.7M | 15.9M | 16.1M | 16.3M | 16.2M | 16.6M | 16.5M | 16.2M | 24M | 17M | 15.5M | 12.6M | 13.3M | 11.2M | 10.1M | 10.2M | 10.1M |
| Other Income/Expense | -9.8M | -25.2M | -8.5M | -12.3M | -15.8M | -13.8M | -12.5M | -14.4M | -65.8M | -14.6M | -16.7M | -14.3M | -15.3M | -14.9M | -16.1M | -19.2M | -9.4M | -3.5M | -6.1M | -8.2M |
| Pretax Income | 176.7M | 130M | 144.8M | 139.1M | 122M | 105.1M | 101.1M | 93.9M | 10.1M | 55.2M | 52.3M | 48.6M | 24M | 7.7M | -7.8M | 5.4M | -8.3M | -35M | -25.2M | -79M |
| Pretax Margin % | 21.77% | 17.86% | 19.74% | 18.41% | 16.78% | 15.53% | 14.09% | 11.76% | 1.47% | 8.84% | 8.02% | 6.41% | 3.48% | 1.33% | -1.49% | 0.96% | -1.7% | -8.84% | -6.5% | -18.74% |
| Income Tax | 37.1M | 24.7M | 22.3M | 27.4M | 26.6M | 21M | 16.3M | 300K | 3.8M | 12.5M | 8.4M | 10.2M | 5.4M | 1.5M | -900K | 2.8M | -800K | -5.6M | -10.4M | -21.9M |
| Effective Tax Rate % | 21% | 19% | 15.4% | 19.7% | 21.8% | 19.98% | 16.12% | 0.32% | 37.62% | 22.64% | 16.06% | 20.99% | 22.5% | 19.48% | 11.54% | 51.85% | 9.64% | 16% | 41.27% | 27.72% |
| Net Income | 139.6M | 105.3M | 122.5M | 111.7M | 95.4M | 84.1M | 84.8M | 93.6M | 6.3M | 42.7M | 43.9M | 38.4M | 18.6M | 6.2M | -6.9M | 2.6M | -7.5M | -29.4M | -14.8M | -57.1M |
| Net Margin % | 17.2% | 14.46% | 16.7% | 14.78% | 13.12% | 12.42% | 11.82% | 11.72% | 0.92% | 6.84% | 6.73% | 5.06% | 2.7% | 1.07% | -1.32% | 0.46% | -1.53% | -7.42% | -3.82% | -13.54% |
| Net Income Growth % | 46.33% | 25.21% | 44.46% | 19.34% | 1414.29% | 96.96% | 93.17% | 143.75% | -66.13% | 588.71% | 736.23% | 1376.92% | 348% | 121.09% | 53.38% | 104.55% | 81.48% | 65.37% | 68.58% | 51.77% |
| Net Income (Continuing) | 139.6M | 105.3M | 122.5M | 111.7M | 95.4M | 84.1M | 84.8M | 93.6M | 6.3M | 42.7M | 43.9M | 38.4M | 18.6M | 6.2M | -6.9M | 2.6M | -7.5M | -29.4M | -14.8M | -57.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.77 | 2.09 | 2.43 | 2.21 | 1.88 | 1.66 | 1.67 | 1.85 | 0.12 | 0.85 | 0.88 | 0.78 | 0.38 | 0.12 | -0.14 | 0.05 | -0.15 | -0.60 | -0.31 | -1.18 |
| EPS Growth % | 47.34% | 25.9% | 45.51% | 19.46% | 1466.67% | 95.29% | 89.77% | 137.18% | -68.42% | 608.33% | 728.57% | 1360.67% | 353.33% | 120% | 54.84% | 104.53% | 82.14% | 65.91% | 68.37% | 52.03% |
| EPS (Basic) | 2.79 | 2.10 | 2.45 | 2.23 | 1.90 | 1.68 | 1.69 | 1.87 | 0.12 | 0.86 | 0.89 | 0.78 | 0.38 | 0.13 | -0.14 | 0.05 | -0.16 | -0.61 | -0.31 | -1.18 |
| Diluted Shares Outstanding | 50.3M | 50.3M | 50.4M | 50.6M | 50.7M | 50.7M | 50.7M | 50.6M | 50.3M | 50.2M | 49.9M | 49.4M | 49.2M | 49M | 48.7M | 48.7M | 48.6M | 48.6M | 48.5M | 48.4M |
| Basic Shares Outstanding | 50M | 50.1M | 50.1M | 50.1M | 50.2M | 50.2M | 50.1M | 50M | 49.7M | 49.7M | 49.2M | 48.9M | 48.8M | 48.8M | 48.7M | 48.5M | 46.88M | 48.2M | 47.74M | 48.3M |
| Dividend Payout Ratio | 7.23% | 9.5% | 8.24% | 9.04% | 10.48% | 12.01% | 11.91% | 10.79% | 160.32% | 23.18% | 22.55% | 25.78% | 52.69% | 159.68% | - | 376.92% | - | - | - | - |