Carpenter Technology Corporation (N:CRS)
Business Focus: Steel
| Sector: Basic Materials | Industry: Steel |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1735 Market St Fl 15 PHILADELPHIA PA 19103-7505 |
| Tel: | 1-610-2082000 |
| Website: | https://www.carpentertechnology.com |
| IR: | See website |
| Key People | ||
| Tony R. Thene President, Chief Executive Officer, Director | Timothy F. Lain Chief Financial Officer, Senior Vice President | Brian J. Malloy Chief Operating Officer, Senior Vice President | James D. Dee Senior Vice President, General Counsel, Secretary |
| Business Overview |
| Carpenter Technology Corporation is engaged in the manufacturing, fabrication, and distribution of specialty metals. The Company operates in two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment is comprised of alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. The PEP segment is comprised of the Company's differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. It provides specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The Company operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia. |
| Financial Overview |
| For the six months ended 31 December 2023, Carpenter Technology Corporation revenues increased 16% to $1.28B. Net income applicable to common stockholders totaled $86.5M vs. loss of $800K. Revenues reflect Speciality Alloys Operations segment increase of 19% to $1.12B, United States segment increase of 14% to $767.3M, Asia Pacific segment increase of 35% to $186M, Europe segment increase of 20% to $213.9M. |
| Employees: | 4,500 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,614M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,724M as of Dec 31, 2023 |
| EBITDA (TTM): | $373.90M as of Dec 31, 2023 |
| Net annual income (TTM): | $143.30M as of Dec 31, 2023 |
| Free cash flow (TTM): | $63.00M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $691.80M as of Dec 31, 2023 |
| Shares outstanding: | 49,412,387 as of Jan 22, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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