Earnings ·
Carpenter Technology Corporation reported fourth quarter fiscal year 2026 results on July 30, 2026, achieving record…
CRSCarpenter Technology Corp
Carpenter Technology Corporation reported fourth quarter fiscal year 2026 results on July 30, 2026, achieving record operating income of $206.9 million and adjusted earnings per diluted share of $3.23. Net sales excluding surcharge reached $679.7 million, up 15% year-over-year. The company generated $362.3 million in adjusted free cash flow for the full fiscal year and repurchased $179.1 million of stock. Management provided Q1 2027 operating income guidance of $218–$222 million for the SAO segment and $6–$7 million for PEP, with a FY27 operating income outlook representing a 21% to 25% increase over record FY26 levels. Carpenter Technology Corporation manufactures high-performance specialty alloy materials and process solutions for critical applications in aerospace, defense, medical, and other markets.