Carpenter Technology Corporation (CRS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
BNY MELLON BUILDING PHILADELPHIA, PA 19103 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2025 MRQ | 12/31/2024 MRQ | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 162 | 199 | 45 | 154 | 287 | 193 | |||
| Cash and cash equivalent | 162 | 199 | 45 | 154 | 287 | 193 | |||
| Receivables | 565 | 563 | 531 | 382 | 309 | 292 | |||
| Inventory, net of allowances, customer advances and progress billings | 812 | 735 | 640 | 496 | 426 | 724 | |||
| Inventory | 812 | 735 | 640 | 496 | 426 | 724 | |||
| Other current assets | 101 | 94 | 66 | 87 | 96 | 57 | |||
| Total current assets: | 1,640 | 1,591 | 1,282 | 1,119 | 1,117 | 1,266 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,325 | 1,335 | 1,384 | 1,421 | 1,458 | 1,351 | |||
| Intangible assets, net (including goodwill) | 240 | 243 | 270 | 277 | 285 | 343 | |||
| Goodwill | 227 | 227 | 241 | 241 | 241 | 290 | |||
| Intangible assets, net (excluding goodwill) | 12 | 15 | 29 | 35 | 43 | 52 | |||
| Deferred income tax assets | 8 | 8 | 7 | 6 | 5 | 5 | |||
| Other noncurrent assets | 114 | 115 | 112 | 110 | 107 | 262 | |||
| Total noncurrent assets: | 1,686 | 1,701 | 1,772 | 1,813 | 1,854 | 1,961 | |||
| TOTAL ASSETS: | 3,327 | 3,292 | 3,054 | 2,932 | 2,971 | 3,227 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 432 | 466 | 459 | 448 | 306 | 282 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 18 | ||||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 0 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 53 | ||||
| Accounts payable | 267 | 264 | 278 | 242 | 142 | 124 | |||
| Accrued liabilities | 165 | 202 | 181 | 134 | 164 | 158 | |||
| Debt | 170 | ||||||||
| Other undisclosed current liabilities | (72) | ||||||||
| Total current liabilities: | 432 | 466 | 459 | 376 | 306 | 452 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 695 | 694 | 693 | 692 | 695 | 552 | |||
| Long-term debt, excluding current maturities | 695 | 694 | 693 | 692 | 695 | 552 | |||
| Liabilities, other than long-term debt | 483 | 502 | 505 | 534 | 578 | 778 | |||
| Deferred income tax liabilities | 167 | 174 | 170 | 162 | 157 | 130 | |||
| Liability, pension and other postretirement and postemployment benefits | 221 | 229 | 236 | 274 | 321 | 537 | |||
| Other liabilities | 95 | 100 | 99 | 98 | 100 | 111 | |||
| Total noncurrent liabilities: | 1,178 | 1,197 | 1,198 | 1,226 | 1,273 | 1,329 | |||
| Total liabilities: | 1,610 | 1,663 | 1,658 | 1,602 | 1,579 | 1,782 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,717 | 1,629 | 1,396 | 1,331 | 1,392 | 1,446 | |||
| Common stock | 286 | 285 | 281 | 280 | 280 | 280 | |||
| Treasury stock, value | (334) | (289) | (298) | (307) | (317) | (326) | |||
| Additional paid in capital | 338 | 353 | 328 | 320 | 323 | 321 | |||
| Accumulated other comprehensive loss | (96) | (94) | (143) | (174) | (192) | (398) | |||
| Retained earnings | 1,523 | 1,375 | 1,228 | 1,211 | 1,299 | 1,568 | |||
| Total equity: | 1,717 | 1,629 | 1,396 | 1,331 | 1,392 | 1,446 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,327 | 3,292 | 3,054 | 2,932 | 2,971 | 3,227 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2025 TTM | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,878 | 2,760 | 2,550 | 1,836 | 1,476 | 2,181 | ||
| Cost of revenue | (1,041) | (2,175) | (2,213) | (1,687) | (1,475) | (1,852) | ||
| Other cost of operating revenue | (1,041) | (2,175) | (2,213) | (1,687) | (1,470) | (1,822) | ||
| Other undisclosed gross profit | (1,146) | |||||||
| Gross profit: | 691 | 584 | 337 | 150 | 1 | 329 | ||
| Operating expenses | (254) | (244) | (204) | (175) | (233) | (236) | ||
| Other undisclosed operating loss | (21) | (17) | (17) | (69) | ||||
| Operating income (loss): | 417 | 323 | 133 | (25) | (249) | 25 | ||
| Nonoperating income (expense) | (57) | (61) | (7) | 13 | (8) | 1 | ||
| Gain (loss), foreign currency transaction, before tax | (0) | 3 | ||||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (8) | (3) | ||||||
| Other nonoperating income (expense) | (2) | (61) | (7) | 13 | (8) | 1 | ||
| Interest and debt expense | (50) | (54) | (51) | (41) | (20) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 310 | 263 | 73 | (63) | (298) | 6 | ||
| Other undisclosed loss from continuing operations before income taxes | (51) | |||||||
| Income (loss) from continuing operations before income taxes: | 310 | 212 | 73 | (63) | (298) | 6 | ||
| Income tax expense (benefit) | (41) | (25) | (16) | 14 | 68 | (5) | ||
| Income (loss) from continuing operations: | 269 | 187 | 56 | (49) | (230) | 2 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (49) | (230) | 2 | |
| Net income (loss) attributable to parent: | 269 | 187 | 56 | (49) | (230) | 2 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Net income (loss) available to common stockholders, diluted: | 268 | 186 | 56 | (49) | (230) | 1 | ||
Comprehensive Income ($ in millions)
| 3/31/2025 TTM | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 269 | 187 | 56 | (49) | (230) | 2 | ||
| Other comprehensive income (loss) | 51 | 49 | 31 | 19 | 206 | (46) | ||
| Comprehensive income (loss): | 319 | 236 | 87 | (30) | (24) | (45) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (4) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 315 | 236 | 87 | (30) | (24) | (45) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.