Carpenter Technology Corporation
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels… Read more
Carpenter Technology Corporation (CRS) - Net Assets
Latest net assets as of December 2025: $1.99 Billion USD
Based on the latest financial reports, Carpenter Technology Corporation (CRS) has net assets worth $1.99 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.50 Billion) and total liabilities ($1.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.99 Billion |
| % of Total Assets | 56.66% |
| Annual Growth Rate | 4.72% |
| 5-Year Change | 35.53% |
| 10-Year Change | 70.78% |
| Growth Volatility | 18.63 |
Carpenter Technology Corporation - Net Assets Trend (1986–2025)
This chart illustrates how Carpenter Technology Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Carpenter Technology Corporation (1986–2025)
The table below shows the annual net assets of Carpenter Technology Corporation from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.89 Billion | +15.85% |
| 2024-06-30 | $1.63 Billion | +16.67% |
| 2023-06-30 | $1.40 Billion | +4.93% |
| 2022-06-30 | $1.33 Billion | -4.44% |
| 2021-06-30 | $1.39 Billion | -3.69% |
| 2020-06-30 | $1.45 Billion | -4.89% |
| 2019-06-30 | $1.52 Billion | +2.30% |
| 2018-06-30 | $1.49 Billion | +23.97% |
| 2017-06-30 | $1.20 Billion | +8.48% |
| 2016-06-30 | $1.10 Billion | -16.67% |
| 2015-06-30 | $1.33 Billion | -11.86% |
| 2014-06-30 | $1.50 Billion | +15.44% |
| 2013-06-30 | $1.30 Billion | +17.07% |
| 2012-06-30 | $1.11 Billion | +43.44% |
| 2011-06-30 | $776.00 Million | +35.33% |
| 2010-06-30 | $573.40 Million | -7.07% |
| 2009-06-30 | $617.00 Million | -26.48% |
| 2008-06-30 | $839.20 Million | -21.40% |
| 2007-06-30 | $1.07 Billion | +12.83% |
| 2006-06-30 | $946.30 Million | +30.67% |
| 2005-06-30 | $724.20 Million | +34.61% |
| 2004-06-30 | $538.00 Million | +13.36% |
| 2003-06-30 | $474.60 Million | -6.63% |
| 2002-06-30 | $508.30 Million | -21.63% |
| 2001-06-30 | $648.60 Million | -0.76% |
| 2000-06-30 | $653.60 Million | +3.34% |
| 1999-06-30 | $632.50 Million | -4.09% |
| 1998-06-30 | $659.50 Million | +46.78% |
| 1997-06-30 | $449.30 Million | +45.36% |
| 1996-06-30 | $309.10 Million | +17.13% |
| 1995-06-30 | $263.90 Million | +10.37% |
| 1994-06-30 | $239.10 Million | +9.48% |
| 1993-06-30 | $218.40 Million | -26.29% |
| 1992-06-30 | $296.30 Million | -7.38% |
| 1991-06-30 | $319.90 Million | +2.01% |
| 1990-06-30 | $313.60 Million | -1.57% |
| 1989-06-30 | $318.60 Million | +3.68% |
| 1988-06-30 | $307.30 Million | +2.37% |
| 1987-06-30 | $300.20 Million | -3.78% |
| 1986-06-30 | $312.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carpenter Technology Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 637.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.71 Billion | 90.63% |
| Common Stock | $286.20 Million | 15.17% |
| Other Comprehensive Income | $-67.90 Million | -3.60% |
| Total Equity | $1.89 Billion | 100.00% |
Carpenter Technology Corporation Competitors by Market Cap
The table below lists competitors of Carpenter Technology Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Annaly Capital Management, Inc.
NYSE:NLY-PJ
|
$18.52 Billion |
|
CNVEF
PINK:CNVEF
|
$18.53 Billion |
|
Dupont De Nemours Inc
NYSE:DD
|
$18.56 Billion |
|
AMERICA MOVIL SAB DE CV
MX:AMXB
|
$18.56 Billion |
|
Skandinaviska Enskilda Banken AB A
PINK:SVKEF
|
$18.51 Billion |
|
CoStar Group Inc
NASDAQ:CSGP
|
$18.51 Billion |
|
MasTec Inc
NYSE:MTZ
|
$18.50 Billion |
|
Terumo Corporation
PINK:TRUMF
|
$18.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carpenter Technology Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,628,800,000 to 1,887,000,000, a change of 258,200,000 (15.9%).
- Net income of 376,000,000 contributed positively to equity growth.
- Dividend payments of 40,300,000 reduced retained earnings.
- Share repurchases of 101,900,000 reduced equity.
- Other comprehensive income increased equity by 26,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $376.00 Million | +19.93% |
| Dividends Paid | $40.30 Million | -2.14% |
| Share Repurchases | $101.90 Million | -5.4% |
| Other Comprehensive Income | $26.00 Million | +1.38% |
| Other Changes | $-1.60 Million | -0.08% |
| Total Change | $- | 15.85% |
Book Value vs Market Value Analysis
This analysis compares Carpenter Technology Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 43.57x to 10.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $8.76 | $381.46 | x |
| 1987-06-30 | $8.34 | $381.46 | x |
| 1988-06-30 | $8.47 | $381.46 | x |
| 1989-06-30 | $8.68 | $381.46 | x |
| 1990-06-30 | $8.82 | $381.46 | x |
| 1991-06-30 | $9.35 | $381.46 | x |
| 1992-06-30 | $8.00 | $381.46 | x |
| 1993-06-30 | $7.02 | $381.46 | x |
| 1994-06-30 | $7.00 | $381.46 | x |
| 1995-06-30 | $7.62 | $381.46 | x |
| 1996-06-30 | $8.69 | $381.46 | x |
| 1997-06-30 | $11.97 | $381.46 | x |
| 1998-06-30 | $15.07 | $381.46 | x |
| 1999-06-30 | $13.47 | $381.46 | x |
| 2000-06-30 | $14.16 | $381.46 | x |
| 2001-06-30 | $13.53 | $381.46 | x |
| 2002-06-30 | $11.45 | $381.46 | x |
| 2003-06-30 | $10.63 | $381.46 | x |
| 2004-06-30 | $11.72 | $381.46 | x |
| 2005-06-30 | $14.46 | $381.46 | x |
| 2006-06-30 | $18.13 | $381.46 | x |
| 2007-06-30 | $20.34 | $381.46 | x |
| 2008-06-30 | $17.23 | $381.46 | x |
| 2009-06-30 | $13.96 | $381.46 | x |
| 2010-06-30 | $12.91 | $381.46 | x |
| 2011-06-30 | $17.13 | $381.46 | x |
| 2012-06-30 | $23.09 | $381.46 | x |
| 2013-06-30 | $24.40 | $381.46 | x |
| 2014-06-30 | $28.07 | $381.46 | x |
| 2015-06-30 | $25.16 | $381.46 | x |
| 2016-06-30 | $22.92 | $381.46 | x |
| 2017-06-30 | $25.45 | $381.46 | x |
| 2018-06-30 | $31.22 | $381.46 | x |
| 2019-06-30 | $31.60 | $381.46 | x |
| 2020-06-30 | $29.99 | $381.46 | x |
| 2021-06-30 | $28.83 | $381.46 | x |
| 2022-06-30 | $27.43 | $381.46 | x |
| 2023-06-30 | $28.38 | $381.46 | x |
| 2024-06-30 | $32.38 | $381.46 | x |
| 2025-06-30 | $37.22 | $381.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carpenter Technology Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.07%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.85x
- Recent ROE (19.93%) is above the historical average (7.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 3.14% | 1.90% | 0.80x | 2.07x | $-21.40 Million |
| 1987 | 1.50% | 0.94% | 0.80x | 2.00x | $-25.52 Million |
| 1988 | 7.91% | 4.37% | 0.87x | 2.07x | $-6.43 Million |
| 1989 | 9.10% | 4.57% | 0.94x | 2.12x | $-2.86 Million |
| 1990 | 14.35% | 7.70% | 0.84x | 2.22x | $13.64 Million |
| 1991 | 9.41% | 5.35% | 0.78x | 2.24x | $-1.89 Million |
| 1992 | 4.62% | 2.40% | 0.80x | 2.41x | $-15.93 Million |
| 1993 | -22.07% | -8.37% | 0.82x | 3.20x | $-70.04 Million |
| 1994 | 15.18% | 5.77% | 0.86x | 3.05x | $12.39 Million |
| 1995 | 18.00% | 6.27% | 0.91x | 3.15x | $21.11 Million |
| 1996 | 19.44% | 6.95% | 0.95x | 2.95x | $29.19 Million |
| 1997 | 13.35% | 6.39% | 0.77x | 2.72x | $15.07 Million |
| 1998 | 12.74% | 7.14% | 0.69x | 2.58x | $18.05 Million |
| 1999 | 5.87% | 3.58% | 0.64x | 2.54x | $-26.15 Million |
| 2000 | 8.15% | 4.86% | 0.63x | 2.67x | $-12.06 Million |
| 2001 | 3.25% | 1.59% | 0.78x | 2.61x | $-43.76 Million |
| 2002 | -23.27% | -12.11% | 0.66x | 2.91x | $-169.13 Million |
| 2003 | -2.30% | -1.25% | 0.62x | 2.95x | $-58.36 Million |
| 2004 | 6.69% | 3.54% | 0.70x | 2.71x | $-17.80 Million |
| 2005 | 18.71% | 10.31% | 0.79x | 2.28x | $63.08 Million |
| 2006 | 22.38% | 13.51% | 0.83x | 2.00x | $117.17 Million |
| 2007 | 21.28% | 11.68% | 0.96x | 1.90x | $120.43 Million |
| 2008 | 33.09% | 14.22% | 1.14x | 2.04x | $193.78 Million |
| 2009 | 7.76% | 3.52% | 0.91x | 2.43x | $-13.80 Million |
| 2010 | 0.37% | 0.18% | 0.76x | 2.76x | $-55.24 Million |
| 2011 | 9.27% | 4.24% | 0.84x | 2.60x | $-5.57 Million |
| 2012 | 10.98% | 5.97% | 0.77x | 2.38x | $10.82 Million |
| 2013 | 11.21% | 6.43% | 0.79x | 2.21x | $15.79 Million |
| 2014 | 8.83% | 6.11% | 0.71x | 2.03x | $-17.63 Million |
| 2015 | 4.43% | 2.64% | 0.77x | 2.19x | $-73.89 Million |
| 2016 | 1.02% | 0.62% | 0.65x | 2.53x | $-99.19 Million |
| 2017 | 3.92% | 2.61% | 0.62x | 2.40x | $-72.86 Million |
| 2018 | 12.69% | 8.74% | 0.72x | 2.02x | $39.91 Million |
| 2019 | 10.99% | 7.02% | 0.75x | 2.10x | $14.99 Million |
| 2020 | 0.10% | 0.07% | 0.68x | 2.23x | $-143.07 Million |
| 2021 | -16.49% | -15.56% | 0.50x | 2.13x | $-368.83 Million |
| 2022 | -3.69% | -2.67% | 0.63x | 2.20x | $-182.15 Million |
| 2023 | 4.04% | 2.21% | 0.84x | 2.19x | $-83.21 Million |
| 2024 | 11.45% | 6.76% | 0.84x | 2.02x | $23.62 Million |
| 2025 | 19.93% | 13.07% | 0.83x | 1.85x | $187.30 Million |
Industry Comparison
This section compares Carpenter Technology Corporation's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,023,554,264
- Average return on equity (ROE) among peers: -2.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $1.99 Billion | 3.14% | 0.77x | $18.51 Billion |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| American Metal & Technology Inc (AMGY) | $-2.25 Million | 0.00% | 0.00x | $0.95 |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |