Carpenter Technology (CRS)

Company Profile

with locations in north america, europe and asia, carpenter technology corporation is a global developer, manufacturer and distributor of a variety of specialty loose powder metallurgy and cast/wrought alloys in long product form. products include titanium alloys, high-strength steels, superior corrosion-resistant alloys, nickel-based alloys and superalloys, magnetic, controlled expansion and electronic alloys, stainless and specialty steels, and tool and die steels. carpenter acquired latrobe specialty metals company, latrobe, pa., in february 2012. our talented team of technical, production and delivery experts provide innovative materials solutions to the ever-changing needs of the automotive, aerospace, power gen, oil & gas, industrial, medical, defense and consumer products industries. iso9001:2008

Company profile

Ticker

CRS

Exchange

NYSE

Website

www.carpentertechnology.com/

CEO

Tony Thene

Incorporated

Delaware

Location

Pennsylvania

Fiscal year end

Jun 30

Sector

Manufacturing > Iron and Steel Mills and Ferroalloy Manufacturing

Industry (SIC)

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Mechel PAO • Nucor • United States Steel • Steel Dynamics • Ak Steel Holding • Commercial Metals • Titan International • SunCoke Energy • TimkenSteel • SunCoke Energy Partners ...

SEC CIK

0000017843

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Carpenter Additive U.S., LLC • Carpenter Technology Europe S.A. • Dynamet Incorporated • Latrobe Specialty Metals Company, LLC ...

IRS number

230458500

CRS stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

ARS

2023 FY

Annual report to shareholders

15 Sep 23

11 Aug 23

Results of Operations and Financial Condition

31 Jul 23

8-K

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2023 Results

31 Jul 23

8-K

Colleen Pritchett Joins Carpenter Technology’s Board of Directors

7 Jun 23

Conflict minerals disclosure

26 May 23

8-K

Results of Operations and Financial Condition

1 May 23

8-K

Carpenter Technology Reports Third Quarter

27 Apr 23

Transcripts

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CRS

Earnings call transcript

2023 Q4

27 Jul 23

CRS

Earnings call transcript

2023 Q3

27 Apr 23

CRS

Earnings call transcript

2023 Q2

26 Jan 23

CRS

Earnings call transcript

2023 Q1

29 Oct 22

CRS

Earnings call transcript

2022 Q4

29 Jul 22

CRS

Earnings call transcript

2022 Q3

1 May 22

CRS

Earnings call transcript

2022 Q2

2 Feb 22

CRS

Earnings call transcript

2022 Q1

28 Oct 21

CRS

Earnings call transcript

2021 Q4

1 Aug 21

CRS

Earnings call transcript

2021 Q3

1 May 21

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

Financial summary

Financial statements Chart CRS financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 23	Jun 22	Jun 21	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	44.50 mm	44.50 mm	44.50 mm	44.50 mm	44.50 mm	44.50 mm
Cash burn (monthly)	(no burn)	9.14 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	25.59 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	18.91 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	2.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

CRS institutional ownership history Ownership history

92.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	245	218	+12.4%
Opened positions	50	30	+66.7%
Closed positions	23	23	–
Increased positions	68	73	-6.8%
Reduced positions	90	86	+4.7%

13F shares	Current	Prev Q	Change
Total value	2.50 tn	1.93 tn	+29.5%
Total shares	44.98 mm	44.07 mm	+2.1%
Total puts	19.80 k	26.00 k	-23.8%
Total calls	44.10 k	45.70 k	-3.5%
Total put/call ratio	0.4	0.6	-21.1%

Largest owners	Shares	Value	Change
BLK Blackrock	7.89 mm	$442.79 bn	-1.3%
Vanguard	5.80 mm	$325.65 bn	-0.9%
Dimensional Fund Advisors	3.64 mm	$204.56 bn	-0.6%
STT State Street	2.78 mm	$155.96 bn	+4.8%
Frontier Capital Management	1.58 mm	$88.69 bn	-12.4%
FMR	1.33 mm	$74.86 bn	+31.5%
IVZ Invesco	1.07 mm	$60.19 bn	-19.5%
BK Bank Of New York Mellon	989.57 k	$55.54 bn	-3.6%
Geode Capital Management	946.99 k	$53.15 bn	+3.3%
T. Rowe Price Investment Management	943.58 k	$52.76 bn	-14.6%

Largest transactions	Shares	Bought/sold	Change
Thrivent Financial For Lutherans	831.89 k	-731.28 k	-46.8%
Alyeska Investment	387.36 k	+387.36 k	NEW
GS Goldman Sachs	553.27 k	-376.14 k	-40.5%
SPX Equities Gestao de Recursos Ltda	368.03 k	+368.03 k	NEW
Millennium Management	365.06 k	+365.06 k	NEW
FMR	1.33 mm	+319.67 k	+31.5%
Wellington Management	439.02 k	-311.24 k	-41.5%
Driehaus Capital Management	520.97 k	+280.47 k	+116.6%
IVZ Invesco	1.07 mm	-259.23 k	-19.5%
Ceredex Value Advisors	257.40 k	+257.40 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CRS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Sep 23	Steven E Karol	Common Stock	Sell	Dispose S	No	No	69	1,227	84.66 k	180,000
20 Sep 23	Steven E Karol	Common Stock	Option exercise	Acquire M	No	No	59.32	1,227	72.79 k	181,227
20 Sep 23	Steven E Karol	Director Stock Option Common Stock	Option exercise	Dispose M	No	No	59.32	1,227	72.79 k	0
19 Sep 23	Dee James D	Common Stock	Payment of exercise	Dispose F	No	No	68.06	63,155	4.30 mm	84,379.59
19 Sep 23	Dee James D	Common Stock	Option exercise	Acquire M	No	No	39.02	61,938	2.42 mm	147,534.59
19 Sep 23	Dee James D	Common Stock	Option exercise	Acquire M	No	No	39.02	9,238	360.47 k	85,596.59
19 Sep 23	Dee James D	Common Stock	Option exercise	Acquire M	No	No	36.82	8,751	322.21 k	76,358.59
19 Sep 23	Dee James D	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	39.02	61,938	2.42 mm	0
19 Sep 23	Dee James D	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	39.02	9,238	360.47 k	0
19 Sep 23	Dee James D	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	36.82	8,751	322.21 k	0