company CRS - SteadyBase

steadybase-$ company CRS

account_id none on file

legal_name Carpenter Technology Corp

ticker CRS

cik 17843

domain carpentertechnology.com

linkedin_company_url https://www.linkedin.com/company/carpenter-technology

entry_point_account_id none on file

name Carpenter Technology Corporation

exchange NYSE

sector Industrials

hq Philadelphia, PA, United States

irhttps://ir.carpentertechnology.com/

sector index/company/sector/industrials/

calls 7 filings 74 executives 16 family 0

why_now

share repurchase plan. In addition, our strong performance enables us to invest in highly accretive growth projects that accelerate earnings growth, but do not materially impact the nickel based supply demand imbalance. And three, w

Apr 29, 2026 / receipt

calls

The increase in SG&A expenses largely reflects higher variable compensation accruals, higher travel costs, and the timing of certain other expenses.

Apr 27, 2023 / receipt, needs a key / Tim Lane, CFO | earnings call 2023-04-27 | transcript 9a4d955b-706b-4f19-b488-8e6a00a9ef5a | chars 8237-8385 | segment 8

On a long-term basis, the end-use markets we serve are supported by strong macro trends. Let me give you a couple examples. In our aerospace and defense end-use market, we will benefit from the continuing growth in global air travel demand. Supporting this growth are narrow body build rates, which are expected to return to pre-pandemic levels in calendar year 2023. Carpenter Technology is well positioned to capture additional demand with the incremental capacity at our Athens facility. For these reasons, we have been able to negotiate long-term aerospace contracts that locked in share and pricing gains even during the pandemic. In defense, we are partnering with customers on the development of next generation programs and platforms that require our material solutions. The industry is demanding more and better solutions for new platforms like hypersonic, vertical lift, and fixed wing programs. To support that demand, we are engaging with customers on supply agreements for our material solutions, new product trials, and funded R&D programs. And given the geopolitical environment, investment is expected to continue well into the future.

Jul 28, 2022 / receipt, needs a key / Tony Tain, CEO | earnings call 2022-07-28 | transcript 07e336bc-867e-4a5c-a65d-ee326739704b | chars 18411-19562 | segment 18

SG&A expenses were $47.8 million in the third quarter, down $3 million from the same period a year ago, reflecting the actions we took to reduce costs, including the elimination of about 20% of our global salary positions late last fiscal year. managing discretionary spend closely, as well as the impacts of remote working conditions that reduce certain administrative costs, such as travel and entertainment.

Apr 29, 2021 / receipt, needs a key / Tim Lane, CFO | earnings call 2021-04-29 | transcript babb1813-274e-412b-bb32-be6a5468ab48 | chars 9516-9926 | segment 9

The lower year-over-year SG&A expenses primarily reflect the actions we took to reduce costs, including the elimination of about 20 percent of our salaried positions, managing discretionary spend closely, as well as the impact of remote working conditions that reduce certain administrative costs, such as travel and entertainment.

Jan 28, 2021 / receipt, needs a key / Tim, CFO | earnings call 2021-01-28 | transcript b8b3c38b-fc40-453d-ad86-22427f797880 | chars 12749-13080 | segment 12

The lower year-over-year SG&A expenses primarily reflect the impacts of restructuring actions, including the elimination of salary positions, salary furloughs, as well as the impact of remote working conditions that reduce certain administrative costs, such as travel and entertainment.

Oct 22, 2020 / receipt, needs a key / Tim Wayne, CFO | earnings call 2020-10-22 | transcript 6441a6d8-0b6e-4ff4-aebb-3dfecb10a022 | chars 10630-10916 | segment 10

Obviously, with the travel restrictions, that has been limited, but we deal with a very sophisticated customer group, so we found other ways to continue to push this process along.

Oct 22, 2020 / receipt, needs a key / Craig, other | earnings call 2020-10-22 | transcript 6441a6d8-0b6e-4ff4-aebb-3dfecb10a022 | chars 45529-45709 | segment 46

The lower SG&A expenses primarily reflect the impacts of salaried furloughs, remote working impacting certain administrative costs, such as travel and entertainment, and lower costs associated with variable compensation programs.

Jul 30, 2020 / receipt, needs a key / Tim, CFO | earnings call 2020-07-30 | transcript 8b1b5086-f765-403c-9b80-d320ecf26a4c | chars 12338-12567 | segment 12

filings

Fiscal year 2025 excludes impact of special items ($3.6 million asset impairment and restructuring charges). ** The Safety metric was revised for fiscal year 2026 to Opportunities for Improvement submissions versus the fiscal year 2025 metric of Human Performance Rate.