Obermatt

Carpenter

NYQ:CRS · US1442851036
Aerospace & DefenseLarge

360

92
EV / EBIT26
Price / Owner Earnings27
Owner Earnings Yield42
Dividend Yield71
Price/Sales20
EV / Gross Profit10
Price/Book22
Return on Capital91
Cash Return on Capital80
Return on Equity84
EBIT Margin89
Gross Profitability89
Cash Conversion43
Accruals51
Owner Earnings Margin78
Sales growth34
Profit Growth69
Long-Term EPS Growth82
Owner Earnings Growth56
Reinvestment72
Price momentum81
Debt load68
Refinancing59
Debt Payback80
Liquidity96
Analyst ratings83
Opinion Changes50
Price Target Upside3
Market mood100
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Carpenter generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryAerospace & Defense
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1904
Employees1,531
ISINUS1442851036
Last UpdateApr 2, 2026
Themes
SpaceTechBiomedical EngineeringDefenseTechAdvanced MaterialsFoundriesManufacturingQuality Assurance

Description

Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The company is a producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, al…

Analysis

Beloved champion

Carpenter Technology Corporation sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 71.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 23% a year, against analyst forecasts of 28%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
94
2023202420252026

All-time high

100

Mar 2026

All-time low

15

Jan 2023

Average rank

78

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
20
26
52
63
Price/Earnings
24
9
48
1
Price/Book
22
5
18
65
Dividend Yield
71
38
53
71
Value (overall)
32
4
41
43

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →