Carpenter Technology (CRS) Gross Margin (2009 - 2026)
Carpenter Technology (CRS) posted Gross Margin of 31.6% for Q2 2026, up 1.83% on a QoQ basis from 31.03% in Q1 2026, and up 329.0% year-over-year from 7.37% in Q2 2025.
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Carpenter Technology (CRS) Gross Margin (2009 - 2026) Analysis & Trends
Carpenter Technology has reported Gross Margin for 18 years, with the latest figure at 31.6% in Q2 2026.
- On a quarterly basis, Gross Margin rose 329.0% year-over-year to 31.6% in Q2 2026; TTM through Jun 2026 was 30.58%, a 387.0% increase from a year earlier, with the FY2026 full-year figure at 30.58%, up 387.0% from the prior year.
- Gross Margin was 31.6% for Q2 2026 at Carpenter Technology, up from 31.03% in the prior quarter.
- The five-year high for Gross Margin was 31.6% in Q2 2026, with the low at 6.49% in Q2 2023.
- Average Gross Margin over 5 years is 20.9%, with a median of 22.66% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 1782 bps in 2022, then tumbled 629 bps in 2023.
- Over 5 years, Gross Margin stood at 12.09% in 2022, then surged by 62 bps to 19.64% in 2023, then jumped by 34 bps to 26.22% in 2024, then grew by 14 bps to 29.99% in 2025, then gained by 5 bps to 31.6% in 2026.
- The last three Gross Margin figures came in at 31.6% (Q2 2026), 31.03% (Q1 2026), and 29.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.99 Bn | 153.66 Bn | 2.90 Bn | 67.60% |
| 2 | Freeport-Mcmoran | 102.33 Bn | 98.25 Bn | 2.19 Bn | 31.10% |
| 3 | Teck Resources | 32.36 Bn | 27.16 Bn | 1.21 Bn | 46.32% |
| 4 | Carpenter Technology | 22.40 Bn | 22.01 Bn | 268.90 Mn | 31.60% |
| 5 | Hudbay Minerals | 10.54 Bn | 9.50 Bn | 269.00 Mn | 42.61% |
| 6 | Ero Copper | 3.62 Bn | 3.52 Bn | 121.42 Mn | 42.71% |
| 7 | Almonty Industries | 3.43 Bn | 2.54 Bn | 18.87 Mn | 60.72% |
| 8 | Nexa Resources | 1.75 Bn | 1.35 Bn | 257.20 Mn | 28.33% |
| 9 | TMC the metals | 1.74 Bn | 1.65 Bn | - | - |
| 10 | Ivanhoe Electric | 1.64 Bn | 1.64 Bn | 368,000.00 | 50.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.60% |
| Mar 31, 2026 | 31.03% |
| Dec 31, 2025 | 29.99% |
| Sep 30, 2025 | 29.49% |
| Jun 30, 2025 | 28.31% |
| Mar 31, 2025 | 27.62% |
| Dec 31, 2024 | 26.22% |
| Sep 30, 2024 | 24.57% |
| Jun 30, 2024 | 23.87% |
| Mar 31, 2024 | 21.46% |
| Dec 31, 2023 | 19.64% |
| Sep 30, 2023 | 19.04% |
| Jun 30, 2023 | 6.49% |
| Mar 31, 2023 | 13.55% |
| Dec 31, 2022 | 12.09% |
| Sep 30, 2022 | 10.48% |
| Jun 30, 2022 | 12.77% |
| Mar 31, 2022 | 8.08% |
| Dec 31, 2021 | 3.31% |
| Sep 30, 2021 | 6.50% |