Carpenter Technology (CRS) Operating Expenses (2009 - 2026)
Carpenter Technology (CRS) recorded quarterly Operating Expenses of $65.3 million in Q1 2026, up 3.49% quarter-over-quarter from $63.1 million in Q4 2025, and up 3.65% on a YoY basis from $63.0 million in Q1 2025.
Carpenter Technology (CRS) Operating Expenses (2009 - 2026) Analysis & Trends
Carpenter Technology's Operating Expenses history runs 18 years deep, the most recent figure standing at $65.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.65% year-over-year to $65.3 million; the TTM figure through Mar 2026 stood at $254.1 million (up 3.25% YoY), while the FY2025 annual figure was $243.2 million, up 5.65% from the prior year.
- Operating Expenses was $65.3 million for Q1 2026 at Carpenter Technology, up from $63.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $65.4 million in Q2 2024 to a low of $38.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $56.2 million across 5 years, with a median of $57.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses fell 19.67% in 2022, then soared 41.15% in 2023.
- A 5-year view of Operating Expenses shows it stood at $47.4 million in 2022, then increased by 11.39% to $52.8 million in 2023, then advanced by 10.98% to $58.6 million in 2024, then grew by 7.68% to $63.1 million in 2025, then increased by 3.49% to $65.3 million in 2026.
- The last three Operating Expenses figures came in at $65.3 million (Q1 2026), $63.1 million (Q4 2025), and $63.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 65.30 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 99.10 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 83.44 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 2.02 Bn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 171.18 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | 55.60 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 77.93 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 53.75 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 265.20 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.30 Mn |
| Dec 31, 2025 | 63.10 Mn |
| Sep 30, 2025 | 63.10 Mn |
| Jun 30, 2025 | 62.60 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | 58.60 Mn |
| Sep 30, 2024 | 59.10 Mn |
| Jun 30, 2024 | 65.40 Mn |
| Mar 31, 2024 | 57.00 Mn |
| Dec 31, 2023 | 52.80 Mn |
| Sep 30, 2023 | 55.10 Mn |
| Jun 30, 2023 | 56.20 Mn |
| Mar 31, 2023 | 54.20 Mn |
| Dec 31, 2022 | 47.40 Mn |
| Sep 30, 2022 | 46.50 Mn |
| Jun 30, 2022 | 47.40 Mn |
| Mar 31, 2022 | 38.40 Mn |
| Dec 31, 2021 | 44.60 Mn |
| Sep 30, 2021 | 44.30 Mn |
| Jun 30, 2021 | 47.90 Mn |