Growth Metrics

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

Carpenter Technology's quarterly Gross Margin came in at 31.03% in Q1 2026, up 341.0% year-on-year from 7.04% in Q1 2025, and up 3.48% quarter-over-quarter from 29.99% in Q4 2025.

Carpenter Technology has reported Gross Margin for 18 years, with the latest figure at 31.03% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 341.0% year-over-year to 31.03%; the trailing twelve-month figure through Mar 2026 stood at 29.73% (up 421.0% YoY), and the FY2025 full-year result 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.
  • Average Gross Margin over 5 years is 20.28%, with a median of 21.46% recorded in 2024.
  • Year-over-year, Gross Margin soared 1782 bps in 2022 and plunged 629 bps in 2023.
  • Tracing CRS's Gross Margin over 5 years: 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 rose 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 Ati 22.19 Bn 21.90 Bn 262.90 Mn 22.83%
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 31.03%
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 30.05%
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 35.76%
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 28.91%
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 45.64%
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn 7.57%
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 9.55%
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 15.55%
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 5.37%

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%
Mar 31, 2021 3.64%
Dec 31, 2020 1.72%
Sep 30, 2020 0.99%
Jun 30, 2020 -1.21%
Mar 31, 2020 18.71%
Dec 31, 2019 19.65%
Sep 30, 2019 19.23%
Jun 30, 2019 19.16%
Mar 31, 2019 20.20%
Dec 31, 2018 19.23%
Sep 30, 2018 16.02%
Jun 30, 2018 18.59%
Mar 31, 2018 16.79%
Dec 31, 2017 17.57%
Sep 30, 2017 17.84%
Jun 30, 2017 18.26%
Mar 31, 2017 17.55%
Dec 31, 2016 14.62%
Sep 30, 2016 11.83%
Jun 30, 2016 16.06%
Mar 31, 2016 10.41%
Dec 31, 2015 14.94%
Sep 30, 2015 15.06%
Jun 30, 2015 15.84%
Mar 31, 2015 13.28%
Dec 31, 2014 15.50%
Sep 30, 2014 12.57%
Jun 30, 2014 17.47%
Mar 31, 2014 16.69%
Dec 31, 2013 18.95%
Sep 30, 2013 20.72%
Jun 30, 2013 19.70%
Mar 31, 2013 17.37%
Dec 31, 2012 19.23%
Sep 30, 2012 20.06%
Jun 30, 2012 18.74%
Mar 31, 2012 19.47%
Dec 31, 2011 19.55%
Sep 30, 2011 19.58%
Jun 30, 2011 15.92%
Mar 31, 2011 15.75%
Dec 31, 2010 13.07%
Sep 30, 2010 14.16%
Jun 30, 2010 12.00%
Mar 31, 2010 13.74%
Dec 31, 2009 13.50%
Sep 30, 2009 8.22%