Carpenter Technology (CRS) Gross Margin (2009 - 2026)

Carpenter Technology (CRS) recorded quarterly Gross Margin of 31.03% in Q1 2026, up 3.48% quarter-over-quarter from 29.99% in Q4 2025, and up 341.0% on a YoY basis from 7.04% in Q1 2025.

Carpenter Technology (CRS) Gross Margin (2009 - 2026) Analysis & Trends

Carpenter Technology's Gross Margin history runs 18 years deep, the most recent figure standing at 31.03% for Q1 2026.

  • In Q1 2026, Gross Margin rose 341.0% year-over-year to 31.03%; the TTM figure through Mar 2026 stood at 29.73% (up 421.0% YoY), while the FY2025 annual figure was 26.71%, up 554.0% from the prior year.
  • Gross Margin was 31.03% for Q1 2026 at Carpenter Technology, up from 29.99% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 31.03% in Q1 2026 to a low of 6.49% in Q2 2023.
  • Historically, Gross Margin has averaged 20.28% across 5 years, with a median of 21.46% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1782 bps in 2022, then plunged 629 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 12.09% in 2022, then jumped by 62 bps to 19.64% in 2023, then soared by 34 bps to 26.22% in 2024, then climbed by 14 bps to 29.99% in 2025, then increased by 3 bps to 31.03% in 2026.
  • The last three Gross Margin figures came in at 31.03% (Q1 2026), 29.99% (Q4 2025), and 29.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 31.03%
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 22.83%
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 30.05%
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 18.19%
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 35.76%
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 28.91%
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 45.64%
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 18.44%
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 7.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 31.03%
Dec 31, 2025 29.99%
Sep 30, 2025 29.49%
Jun 30, 2025 28.32%
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%
Jun 30, 2021 -5.05%