Carpenter Technology (CRS) Tax Rate (2009 - 2026)
Carpenter Technology (CRS) posted quarterly Tax Rate of 21.0% for Q1 2026, down 81.0% year-over-year from 110.51% in Q1 2025, and up 10.51% quarter-over-quarter from 19.0% in Q4 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 for Q1 2026 stood at 21.0%, up from 19.0% in the prior quarter.
- The five-year high for Tax Rate was 51.85% in Q2 2022, with the low at 0.32% in Q2 2024.
- The 5-year median for Tax Rate is 19.7% (2025), against an average of 20.33%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 2413 bps in 2022, then sank 3086 bps in 2023.
- Carpenter Technology's Tax Rate stood at 19.48% in 2022, then advanced by 16 bps to 22.64% in 2023, then decreased by 12 bps to 19.98% in 2024, then declined by 5 bps to 19.0% in 2025, then grew by 11 bps to 21.0% in 2026.
- Business Quant data shows CRS's Tax Rate at 21.0% in Q1 2026, 19.0% in Q4 2025, and 15.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn | 20.01% |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn | 20.66% |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn | 25.40% |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn | 8.38% |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn | 24.33% |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - | -7.69% |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn | 19.25% |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn | 27.77% |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn | 27.27% |
| 10 | Insteel Industries | 601.65 Mn | 578.70 Mn | 20.10 Mn | 22.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.66% |
| Jun 30, 2026 | 20.66% |
| Jun 30, 2026 | 20.66% |
| Mar 31, 2026 | 21.00% |
| Mar 31, 2026 | 21.00% |
| Mar 31, 2026 | 21.00% |
| Dec 31, 2025 | 19.00% |
| Dec 31, 2025 | 19.00% |
| Dec 31, 2025 | 19.00% |
| Sep 30, 2025 | 15.40% |
| Sep 30, 2025 | 15.40% |
| Sep 30, 2025 | 15.40% |
| Jun 30, 2025 | 19.70% |
| Jun 30, 2025 | 19.70% |
| Jun 30, 2025 | 19.70% |
| Mar 31, 2025 | 21.80% |
| Mar 31, 2025 | 21.80% |
| Mar 31, 2025 | 21.80% |
| Dec 31, 2024 | 19.98% |
| Dec 31, 2024 | 19.98% |