Carpenter Technology (CRS) Tax Rate (2009 - 2026)
Carpenter Technology (CRS) recorded quarterly Tax Rate of 21.0% in Q1 2026, up 10.51% quarter-over-quarter from 19.0% in Q4 2025, and down 81.0% on a YoY basis from 110.51% in Q1 2025.
Carpenter Technology (CRS) Tax Rate (2009 - 2026) Analysis & Trends
Carpenter Technology's Tax Rate history runs 18 years deep, the most recent figure standing at 21.0% for Q1 2026.
- In Q1 2026, Tax Rate fell 81.0% year-over-year to 21.0%; the TTM figure through Mar 2026 stood at 18.88% (up 367.0% YoY), while the FY2025 annual figure was 19.54%, up 768.0% from the prior year.
- Tax Rate was 21.0% for Q1 2026 at Carpenter Technology, up from 19.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 51.85% in Q2 2022 to a low of 0.32% in Q2 2024.
- Historically, Tax Rate has averaged 20.33% across 5 years, with a median of 19.7% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 2413 bps in 2022, then slumped 3086 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 19.48% in 2022, then climbed by 16 bps to 22.64% in 2023, then slipped by 12 bps to 19.98% in 2024, then fell by 5 bps to 19.0% in 2025, then increased by 11 bps to 21.0% in 2026.
- The last three Tax Rate figures came in at 21.0% (Q1 2026), 19.0% (Q4 2025), and 15.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 21.00 |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 11.79 |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 24.80 |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 15.23 |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 19.79 |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -4.66 |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 24.94 |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 28.28 |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 62.12 |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 28.81 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.00% |
| Mar 31, 2026 | 21.00% |
| Dec 31, 2025 | 19.00% |
| Dec 31, 2025 | 19.00% |
| Sep 30, 2025 | 15.40% |
| Sep 30, 2025 | 15.40% |
| Jun 30, 2025 | 19.70% |
| Jun 30, 2025 | 19.70% |
| Mar 31, 2025 | 21.80% |
| Mar 31, 2025 | 21.80% |
| Dec 31, 2024 | 19.98% |
| Dec 31, 2024 | 19.98% |
| Sep 30, 2024 | 16.12% |
| Sep 30, 2024 | 16.12% |
| Jun 30, 2024 | 0.32% |
| Jun 30, 2024 | 0.32% |
| Mar 31, 2024 | 37.62% |
| Mar 31, 2024 | 37.62% |
| Dec 31, 2023 | 22.64% |
| Dec 31, 2023 | 22.64% |