Carpenter Technology Corp.
- CRS ยท NYSE
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- Philadelphia, PA
- 4,500 employees
- CIK 0000017843
Updated from SEC filings through
Top things to know
Executives
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Tony R. Thene Chairman, President and CEO of Carpenter Technology 8-K, 2026-10-22 - Brian J. Malloy President and CEO 4, 2026-07-16
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Timothy Lain SVP and CFO 4, 2026-08-18 - Steven Joseph Jennings Group President - SAO 4, 2026-10-28
- Joshua Lee Frashure Group President - PEP 3, 2026-10-16
- Marshall D. Akins VP and Chief Comm Officer 4, 2026-08-18
What leadership is saying
“Carpenter Technology delivered another strong quarter, generating $196.4 million of operating income in the first quarter of fiscal year 2027”
Earnings press release (8-K Ex. 99.1), filed October 22, 2026
Carpenter Technology Corp is a U.S. public company in steel works, blast furnaces & rolling mills (coke ovens) (SIC 3312), headquartered in Philadelphia, PA. It trades as CRS on NYSE. Revenue was $3.1B in the fiscal year ending June 30, 2026, +8.6% from the year before. It reported about 4,500 employees. Tony R. Thene is Chairman, President and CEO of Carpenter Technology.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $3.1B 10-K, 2026-08-12 | $2.9B 10-K, 2026-08-12 | $2.8B 10-K, 2026-08-12 | $2.6B 10-K, 2025-08-12 | $1.8B 10-K, 2024-08-13 |
| Operating income | $702M 10-K, 2026-08-12 | $522M 10-K, 2026-08-12 | $323M 10-K, 2026-08-12 | $133M 10-K, 2025-08-12 | -$24.9M 10-K, 2024-08-13 |
| SG&A | $254M 10-K, 2026-08-12 | $243M 10-K, 2026-08-12 | $230M 10-K, 2026-08-12 | $204M 10-K, 2025-08-12 | $175M 10-K, 2024-08-13 |
| Net income | $530M 10-K, 2026-08-12 | $376M 10-K, 2026-08-12 | $187M 10-K, 2026-08-12 | $56.4M 10-K, 2025-08-12 | -$49.1M 10-K, 2024-08-13 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Tony R. Thene | Chairman, President and CEO of Carpenter Technology | 8-K, 2026-10-22 |
| Brian J. Malloy | President and CEO | 4, 2026-07-16 |
| Timothy Lain Vice President and Chief Financial Officer at Carpenter Technology Corporation | SVP and CFO | 4, 2026-08-18 |
| Steven Joseph Jennings | Group President - SAO | 4, 2026-10-28 |
| Joshua Lee Frashure | Group President - PEP | 3, 2026-10-16 |
| Marshall D. Akins Chief Commercial Officer at Carpenter Technology Corporation | VP and Chief Comm Officer | 4, 2026-08-18 |
 James D. Dee | SVP, Gen Counsel & Sec | 4, 2026-08-18 |
| Elizabeth A. Socci | VP, Contr & Ch Acctg Officer | 4, 2026-08-18 |
| Charles D. McLane, Jr. | Board member (per proxy) bio: Director nominee | DEF 14A, 2026-09-11 |
| Kenneth J. Giacobbe | Board member (per proxy) bio: Director | DEF 14A, 2026-09-11 |
| Steven E. Karol | Board member (per proxy) bio: Director nominee | DEF 14A, 2026-09-11 |
What Carpenter Technology Corp does
Carpenter Technology Corporation, founded in 1889, is engaged in the manufacturing, fabrication and distribution of specialty metals. As used throughout this report, unless the context requires otherwise, the terms "Carpenter," "Carpenter Technology," "Company," "Registrant," "Issuer," "we" and "our" refer to Carpenter Technology Corporation.
Shares and governance
| Shares outstanding | 49.5 million (as of October 16, 2026) | 10-Q, October 22, 2026 |
|---|---|---|
| Public float | $15.7B (as of December 31, 2025) | 10-K, August 12, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, October 22, 2026 |
| Latest proxy statement | Meeting October 6, 2026 (filed September 11, 2026) | DEF 14A, September 11, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Philadelphia, Pennsylvania) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 4, 2026 | Steven E. Karol Director | Sale | 3,275 | $1.6M | Form 4, September 9, 2026 |
| August 25, 2026 | Tony R. Thene Chairman, President and CEO | Sale | 109,283 | $52.9M | Form 4, August 27, 2026 |
| August 21, 2026 | Ramin Younessi Director | Sale | 438 | $216K | Form 4, August 25, 2026 |
| June 1, 2026 | Steven E. Karol Director | Sale | 2,000 | $975K | Form 4, June 3, 2026 |
| May 28, 2026 | Anastasios John Hart Director | Sale | 250 | $115K | Form 4, June 1, 2026 |
| May 5, 2026 | Marshall D. Akins VP and Chief Comm Officer | Sale | 11,815 | $5.2M | Form 4, May 6, 2026 |
| May 4, 2026 | Anastasios John Hart Director | Sale | 750 | $318K | Form 4, May 6, 2026 |
| February 24, 2026 | James D. Dee SVP, Gen Counsel & Sec | Sale | 15,800 | $6.2M | Form 4, February 25, 2026 |
Recent 8-K events
- 8-K filed 2026-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-15
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-08
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-08-25
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-12
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-29
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Carpenter Technology Corp
- What does Carpenter Technology Corp do?
- In its own words, from Item 1 of its 10-K: "Carpenter Technology Corporation, founded in 1889, is engaged in the manufacturing, fabrication and distribution of specialty metals. As used throughout this report, unless the context requires otherwise, the terms "Carpenter," "Carpenter Technology," "Company," "Registrant," "Issuer," "we" and "our" refer to Carpenter Technology Corporation."
- What is Carpenter Technology Corp's revenue?
- $3.1B for the fiscal year ending June 30, 2026, from its 10-K filed August 12, 2026.
- Is Carpenter Technology Corp profitable?
- Carpenter Technology Corp reported net income of $530M for the fiscal year ending June 30, 2026.
- How many employees does Carpenter Technology Corp have?
- About 4,500 as of June 30, 2026, as stated in its annual report.
- Who is the CEO of Carpenter Technology Corp?
- Tony R. Thene, Chairman, President and CEO of Carpenter Technology, as named in a 8-K filed October 22, 2026.
- Who is the CFO of Carpenter Technology Corp?
- Timothy Lain, SVP and CFO, as named in a 4 filed August 18, 2026.
- Where is Carpenter Technology Corp headquartered?
- Philadelphia, PA.
- What is Carpenter Technology Corp's stock ticker?
- CRS on NYSE.
- What industry is Carpenter Technology Corp in?
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens), SIC code 3312.
- What is Carpenter Technology Corp's website?
- carpentertechnology.com.
- When does Carpenter Technology Corp report earnings next?
- January 22, 2027. Source: estimate_8k_pattern.
- Is Carpenter Technology Corp a public company?
- Yes. Carpenter Technology Corp files with the SEC under CIK 0000017843 and trades as CRS.
- Who audits Carpenter Technology Corp?
- PricewaterhouseCoopers LLP, Philadelphia, Pennsylvania, as named in its latest annual report (10-K).
- How many shares of Carpenter Technology Corp are outstanding?
- 49.5 million shares as of October 16, 2026, from its 10-Q filed October 22, 2026.
- What is Carpenter Technology Corp's public float?
- $15.7B as of December 31, 2025, as reported on the cover of its 10-K filed August 12, 2026.
- How many business segments does Carpenter Technology Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 22, 2026.
- When is Carpenter Technology Corp's annual shareholder meeting?
- October 6, 2026, per its proxy statement (DEF 14A) filed September 11, 2026.
- Have Carpenter Technology Corp insiders traded stock recently?
- Since August 18, 2025, officers and directors reported 15 open-market sales worth about $101M and 0 purchases on Forms 4 and 5. The most recent: Steven E. Karol (Director) sold 3,275 shares on September 4, 2026.