Carpenter Technology (CRS) Gross Margin (2009 - 2026)
Carpenter Technology (CRS) posted quarterly Gross Margin of 31.03% for Q1 2026, up 341.0% year-over-year from 7.04% in Q1 2025, and up 3.48% quarter-over-quarter from 29.99% in Q4 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 for Q1 2026 stood at 31.03%, up from 29.99% in the prior quarter.
- The five-year high for Gross Margin was 31.03% in Q1 2026, with the low at 6.49% in Q2 2023.
- The 5-year median for Gross Margin is 21.46% (2024), against an average of 20.28%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 1782 bps in 2022, then tumbled 629 bps in 2023.
- Carpenter Technology's Gross Margin stood at 12.09% in 2022, then soared by 62 bps to 19.64% in 2023, then surged by 34 bps to 26.22% in 2024, then advanced by 14 bps to 29.99% in 2025, then grew by 3 bps to 31.03% in 2026.
- Business Quant data shows CRS's Gross Margin at 31.03% in Q1 2026, 29.99% in Q4 2025, and 29.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.74 Bn | 27.96 Bn | 309.80 Mn | 24.57% |
| 2 | Carpenter Technology | 24.63 Bn | 24.24 Bn | 268.90 Mn | 31.60% |
| 3 | Mueller Industries | 13.76 Bn | 12.35 Bn | 395.35 Mn | 27.69% |
| 4 | Commercial Metals | 7.42 Bn | 6.86 Bn | 455.14 Mn | 18.33% |
| 5 | Esab | 4.87 Bn | 4.65 Bn | 307.21 Mn | 38.04% |
| 6 | Gpgi | 3.72 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.82 Bn | 2.79 Bn | 101.89 Mn | 27.43% |
| 8 | Proto Labs | 1.88 Bn | 1.74 Bn | 69.34 Mn | 46.43% |
| 9 | Ryerson Holding | 1.31 Bn | 1.26 Bn | 355.20 Mn | 17.71% |
| 10 | Insteel Industries | 599.32 Mn | 576.37 Mn | 20.10 Mn | 10.17% |
Historic Data
Download 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 | 28.32% |
| 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% |