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
DateValue
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%