The global High-Entropy Alloy market is projected to grow from USD 1.75 billion in 2025 to USD 5.19 billion by 2035, with a CAGR of 11.46%. The U.S. market is expected to expand from USD 0.42 billion to USD 1.58 billion over the same period. Growth is driven by demand from aerospace, defense, and energy sectors for high-performance, corrosion-resistant materials. Transition metal HEAs and powder metallurgy dominate current market segments, while additive manufacturing is rapidly expanding.
Carpenter Technology Corp (CRS)
Common Stock · Currency in USD · XNYS
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
Company Info
SIC3312
Composite FIGIBBG000BGCQT9
CIK0000017843
IPONov 6, 1968
Sectorsteel works, blast furnaces & rolling mills (coke ovens)
Highlights
Market Cap$19.50B
EPS$8.40
P/E Ratio46.30
Revenue$2.92B
Gross Profit$873.20M
Net Income$421.20M
Employees4,500
WSO49,809,717
Phone(610) 208-2000
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Carpenter Technology Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Carpenter Technology Corp (CRS) has returned 23.66% so far this year and 173.29% over the past 12 months. Looking at the last ten years, CRS has achieved an annualized return of 27.41%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
CRS
1M-3.55%
6M57.56%
YTD23.66%
1Y173.29%
5Y56.71%
10Y27.41%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Carpenter Technology Corp (CRS) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.39% | 27.09% | -1.35% | -2.53% | ||||||||
| 2025 | 12.19% | 10.33% | -13.72% | 7.78% | 17.28% | 16.37% | -9.31% | -0.90% | 3.69% | 29.47% | 0.09% | 0.24% |
| 2024 | -12.01% | 4.43% | 9.71% | 19.83% | 22.74% | -0.71% | 33.03% | -1.50% | 11.52% | -6.26% | 28.80% | -12.97% |
| 2023 | 30.06% | 1.19% | -8.09% | 17.88% | -13.63% | 22.53% | 6.89% | 4.16% | 5.69% | -6.23% | 13.19% | -0.65% |
| 2022 | -2.61% | 32.52% | 8.62% | -9.44% | -6.90% | -21.36% | 17.30% | 6.36% | -6.79% | 17.57% | 7.37% | -9.97% |
| 2021 | 6.11% | 29.66% | -2.14% | -8.28% | 25.54% | -17.73% | -7.00% | -13.60% | -1.86% | -6.37% | -10.92% | 1.81% |
| 2020 | -20.92% | -7.94% | -47.58% | 18.24% | 7.05% | 3.28% | -8.51% | -6.91% | -12.86% | -3.90% | 37.07% | 16.62% |
| 2019 | 36.43% | 0.47% | -2.98% | 5.84% | -18.34% | 17.45% | -7.29% | 1.33% | 8.19% | -6.09% | 5.46% | -5.56% |
| 2018 | 0.08% | -0.68% | -13.84% | 21.57% | 13.46% | -12.69% | 6.31% | 10.17% | 0.08% | -26.61% | -2.86% | -20.17% |
| 2017 | 8.69% | 0.25% | -10.62% | 7.69% | -11.05% | 2.30% | 7.18% | 0.20% | 17.63% | 2.89% | -2.50% | 2.84% |
| 2016 | 5.23% | -9.77% | 4.54% | 19.63% | -7.68% | 13.45% | -23.43% | 12.13% | 0.81% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Carpenter Technology Corp (CRS) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CRS compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Carpenter Technology Corp volatility is 3.76%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 3.49B | 3.29B | 3.05B | 2.93B | 2.97B | 3.23B | 3.19B | 3.01B | 2.88B | 2.79B | 2.91B | 3.06B | 2.88B | 2.63B | 1.99B |
| Equity Attributable To Parent (USD) | 1.89B | 1.63B | 1.40B | 1.33B | 1.39B | 1.45B | 1.52B | 1.49B | 1.20B | 1.10B | 1.33B | 1.50B | 1.30B | 1.10B | 765.70M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.30M | 10.30M |
| Equity (USD) | 1.89B | 1.63B | 1.40B | 1.33B | 1.39B | 1.45B | 1.52B | 1.49B | 1.20B | 1.10B | 1.33B | 1.50B | 1.30B | 1.11B | 776.00M |
| Other Non-current Liabilities (USD) | - | - | - | - | - | - | 701.10M | 612.10M | 678.50M | 779.30M | 650.80M | 518.30M | 554.40M | 553.60M | 312.70M |
| Long-term Debt (USD) | - | - | - | - | - | - | 550.60M | 545.70M | 605.00M | 611.30M | 607.10M | 604.30M | 604.20M | 406.90M | 507.80M |
| Noncurrent Liabilities (USD) | 1.12B | 1.20B | 1.20B | 1.23B | 1.27B | 1.33B | 1.25B | 1.16B | 1.28B | 1.39B | 1.26B | 1.12B | 1.16B | 960.50M | 820.50M |
| Other Current Liabilities (USD) | 73.70M | 80.80M | 88.90M | 80.30M | 82.50M | 277.50M | 106.10M | 65.30M | 135.80M | 97.40M | 108.30M | 102.70M | 119.10M | 268.00M | 224.90M |
| Wages (USD) | 142.60M | 121.60M | 92.40M | 53.20M | 81.40M | 50.40M | 71.20M | 83.30M | 59.10M | 41.80M | 44.30M | 49.80M | 49.40M | 50.10M | - |
| Accounts Payable (USD) | 267.40M | 263.90M | 278.10M | 242.10M | 142.40M | 124.20M | 238.70M | 214.70M | 201.10M | 159.60M | 169.50M | 278.10M | 252.70M | 236.10M | 170.50M |
| Current Liabilities (USD) | 483.70M | 466.30M | 459.40M | 375.60M | 306.30M | 452.10M | 416.00M | 363.30M | 396.00M | 298.80M | 322.10M | 430.60M | 421.20M | 554.20M | 395.40M |
| Liabilities (USD) | 1.60B | 1.66B | 1.66B | 1.60B | 1.58B | 1.78B | 1.67B | 1.52B | 1.68B | 1.69B | 1.58B | 1.55B | 1.58B | 1.51B | 1.22B |
| Other Non-current Assets (USD) | 362.70M | 365.30M | 388.20M | 392.10M | 396.30M | 609.80M | 585.40M | 514.80M | 467.70M | 369.00M | 366.90M | 375.40M | 338.00M | 343.60M | 141.40M |
| Intangible Assets (USD) | - | - | - | - | - | - | - | - | - | 63.20M | 71.60M | 80.60M | 95.00M | 109.90M | 30.00M |
| Fixed Assets (USD) | 1.36B | 1.34B | 1.38B | 1.42B | 1.46B | 1.35B | 1.37B | 1.31B | 1.32B | 1.35B | 1.40B | 1.41B | 1.17B | 924.60M | 662.90M |
| Noncurrent Assets (USD) | 1.72B | 1.70B | 1.77B | 1.81B | 1.85B | 1.96B | 1.95B | 1.83B | 1.78B | 1.78B | 1.84B | 1.86B | 1.60B | 1.38B | 834.30M |
| Other Current Assets (USD) | 970.90M | 855.80M | 642.20M | 623.30M | 691.70M | 542.00M | 448.50M | 489.60M | 403.20M | 382.00M | 414.60M | 495.30M | 622.30M | 607.70M | 829.00M |
| Inventory (USD) | 793.80M | 735.40M | 639.70M | 496.10M | 425.70M | 724.30M | 787.70M | 689.20M | 690.40M | 628.70M | 655.80M | 699.20M | 659.20M | 642.00M | 328.60M |
| Current Assets (USD) | 1.76B | 1.59B | 1.28B | 1.12B | 1.12B | 1.27B | 1.24B | 1.18B | 1.09B | 1.01B | 1.07B | 1.19B | 1.28B | 1.25B | 1.16B |
| Assets (USD) | 3.49B | 3.29B | 3.05B | 2.93B | 2.97B | 3.23B | 3.19B | 3.01B | 2.88B | 2.79B | 2.91B | 3.06B | 2.88B | 2.63B | 1.99B |
News and Insights
The global additive manufacturing with metal powders market is projected to grow from $46.39 billion in 2026 to $166.41 billion by 2035, at a CAGR of 15.25%. North America dominates with 38.5% volume share, while Asia Pacific is the fastest-growing region at 24.62% CAGR. Stainless steel and titanium alloys lead material types, with powder bed fusion technology commanding 76.2% market share. Aerospace & defense is the largest end-use sector at 39.8% volume share.
Carpenter Technology Corporation (NYSE: CRS) announced a quarterly cash dividend of $0.20 per share, payable on March 5, 2026, to shareholders of record as of January 27, 2026. The company, a leader in high-performance specialty alloy materials for aerospace, defense, and medical applications, continues its dividend distribution to shareholders.
Amid potential AI market fatigue, analysts highlight three stocks with strong growth potential: Carpenter Technology, Booking Holdings, and Allegheny Technologies, each demonstrating solid fundamentals across aerospace, travel, and manufacturing sectors.
Allegheny Technologies (ATI) reported strong third-quarter earnings and raised full-year guidance, benefiting from improving aerospace supply chain conditions and increased aircraft production expectations.
Carpenter Technology reported strong Q1 2026 financial results, exceeding analysts' earnings estimates and projecting significant growth for fiscal 2026, with a potential increase in operating income of 26% to 33%.
Carpenter Technology Corporation announced a quarterly cash dividend of $0.20 per share, payable on December 4, 2025, to shareholders of record on October 21, 2025.
The article highlights three materials stocks that have outperformed the market in 2025, focusing on gold mining and specialty metals companies with strong analyst ratings and potential for further growth.
Carpenter Technology, a specialty alloy materials and process solutions company, saw its stock rise 10.4% this week after providing a positive investor update. The company's strong exposure to the aerospace and defense industries, along with its ability to leverage revenue increases into significant margin expansion, make it an attractive option for investors bullish on the aerospace recovery.
Carpenter Technology Corporation reported record second quarter operating income of $118.9 million, up 70% year-over-year, and earnings per diluted share of $1.66. The company's Specialty Alloys Operations segment saw a 63% increase in operating income and a 28.3% adjusted operating margin, up from 20.0% a year ago. Carpenter Technology also increased its fiscal year 2025 outlook and announced plans for a virtual investor update event.