Carpenter Technology Corporation (CRS) Financial Statements (2024 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)

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments452015428719327
Cash and cash equivalents452015428719327
Receivables531442382309292384
Inventory, net of allowances, customer advances and progress billings640723496426724788
Inventory640723496426724788
Other current assets669987965737
Total current assets:1,2821,2831,1191,1171,2661,236
Noncurrent Assets
Property, plant and equipment1,3841,3911,4211,4581,3511,366
Intangible assets, net (including goodwill)270273277285343394
Goodwill241241241241290326
Intangible assets, net (excluding goodwill)293235435267
Deferred income tax assets75655
Other noncurrent assets112104110107262188
Other undisclosed noncurrent assets      4
Total noncurrent assets:1,7721,7731,8131,8541,9611,952
TOTAL ASSETS:3,0543,0572,9322,9713,2273,188
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities459429448306282396
Interest and dividends payable18   
Taxes payable0   
Employee-related liabilities53   
Accounts payable278305242142124239
Accrued liabilities181124134164158158
Debt  81  17020
Other undisclosed current liabilities   (72)   
Total current liabilities:459510376306452416
Noncurrent Liabilities
Long-term debt and lease obligation693692692695552551
Long-term debt, excluding current maturities693692692695552551
Liabilities, other than long-term debt505533534578778558
Deferred income tax liabilities170162162157130
Liability, pension and other postretirement and postemployment benefits236278274321537493
Other liabilities99939810011165
Other undisclosed noncurrent liabilities      143
Total noncurrent liabilities:1,1981,2251,2261,2731,3291,252
Total liabilities:1,6581,7351,6021,5791,7821,668
Equity
Equity, attributable to parent1,3961,3211,3311,3921,4461,520
Common stock281280280280280279
Treasury stock, value(298)(298)(307)(317)(326)(333)
Additional paid in capital328315320323321320
Accumulated other comprehensive loss(143)(167)(174)(192)(398)(352)
Retained earnings1,2281,1911,2111,2991,5681,605
Total equity:1,3961,3211,3311,3921,4461,520
TOTAL LIABILITIES AND EQUITY:3,0543,0572,9322,9713,2273,188

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues2,5502,1551,8361,4762,1812,380
Cost of revenue (2,213) (1,687)(1,475)(1,852)(1,935)
Cost of goods and services sold    (4)(29)(1,935)
Other cost of operating revenue (2,213) (1,687)(1,470)(1,822) 
Other undisclosed gross profit (1,918)    
Gross profit:3372361501329445
Operating expenses(204)(180)(175)(233)(236)(203)
Other undisclosed operating loss    (17)(69) 
Operating income (loss):13357(25)(249)25241
Nonoperating income (expense)(7)(3)13(8)11
Gain (loss), foreign currency transaction, before tax    3 
Net periodic defined benefits expense (reversal of expense), excluding service cost component    (3) 
Other nonoperating income (expense)(7)(3)13(8)11
Interest and debt expense(54)(56)(51)(41)(20)(26)
Income (loss) from continuing operations before income taxes:73(3)(63)(298)6216
Income tax expense (benefit)(16)(3)1468(5)(49)
Income (loss) from continuing operations:56(6)(49)(230)2167
Income (loss) before gain (loss) on sale of properties:(12)(49)(230)2167
Net income (loss) attributable to parent:56(6)(49)(230)2167
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)(0)(0)(2)
Net income (loss) available to common stockholders, diluted:56(6)(49)(230)1165

Comprehensive Income ($ in millions)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):56(6)(49)(230)2167
Other comprehensive income (loss)311819206(46)23
Other undisclosed comprehensive loss      (135)
Comprehensive income (loss):8713(30)(24)(45)55
Other undisclosed comprehensive income, net of tax, attributable to parent 6    
Comprehensive income (loss), net of tax, attributable to parent:8718(30)(24)(45)55

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.

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