Carpenter Technology (CRS) Tax Rate (2009 - 2026)
Carpenter Technology's quarterly Tax Rate came in at 21.0% in Q1 2026, down 81.0% year-on-year from 110.51% in Q1 2025, and up 10.51% quarter-over-quarter from 19.0% in Q4 2025.
Carpenter Technology has reported Tax Rate for 18 years, with the latest figure at 21.0% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 81.0% year-over-year to 21.0%; the trailing twelve-month figure through Mar 2026 stood at 18.88% (up 367.0% YoY), and the FY2025 full-year result 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.
- Average Tax Rate over 5 years is 20.33%, with a median of 19.7% recorded in 2025.
- Year-over-year, Tax Rate jumped 2413 bps in 2022 and slumped 3086 bps in 2023.
- Tracing CRS's Tax Rate over 5 years: stood at 19.48% in 2022, then grew by 16 bps to 22.64% in 2023, then dropped by 12 bps to 19.98% in 2024, then retreated by 5 bps to 19.0% in 2025, then rose 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 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 11.79 |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 21.00 |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 24.80 |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 19.79 |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 24.94 |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 28.28 |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | 28.81 |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 23.29 |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 16.39 |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | - |
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 |
| Sep 30, 2023 | 16.06 |
| Sep 30, 2023 | 16.06 |
| Jun 30, 2023 | 20.99 |
| Jun 30, 2023 | 20.99 |
| Mar 31, 2023 | 22.50 |
| Mar 31, 2023 | 22.50 |
| Dec 31, 2022 | 19.48 |
| Dec 31, 2022 | 19.48 |
| Sep 30, 2022 | 11.54 |
| Sep 30, 2022 | 11.54 |
| Jun 30, 2022 | 51.85 |
| Jun 30, 2022 | 51.85 |
| Mar 31, 2022 | 9.64 |
| Mar 31, 2022 | 9.64 |
| Dec 31, 2021 | 16.00 |
| Dec 31, 2021 | 16.00 |
| Sep 30, 2021 | 41.27 |
| Sep 30, 2021 | 41.27 |
| Jun 30, 2021 | 27.72 |
| Jun 30, 2021 | 27.72 |
| Mar 31, 2021 | 29.20 |
| Mar 31, 2021 | 29.20 |
| Dec 31, 2020 | 11.19 |
| Dec 31, 2020 | 11.19 |
| Sep 30, 2020 | 15.76 |
| Sep 30, 2020 | 15.76 |
| Jun 30, 2020 | 20.22 |
| Jun 30, 2020 | 20.22 |
| Mar 31, 2020 | 20.04 |
| Mar 31, 2020 | 20.04 |
| Dec 31, 2019 | 23.17 |
| Dec 31, 2019 | 23.17 |
| Sep 30, 2019 | 23.84 |
| Sep 30, 2019 | 23.84 |
| Jun 30, 2019 | 21.88 |
| Jun 30, 2019 | 21.88 |
| Mar 31, 2019 | 24.85 |
| Mar 31, 2019 | 24.85 |
| Dec 31, 2018 | 21.46 |
| Dec 31, 2018 | 21.46 |
| Sep 30, 2018 | 21.84 |
| Sep 30, 2018 | 21.84 |
| Jun 30, 2018 | 20.15 |
| Jun 30, 2018 | 20.15 |
| Mar 31, 2018 | 19.89 |
| Mar 31, 2018 | 19.89 |
| Dec 31, 2017 | -173.29 |
| Dec 31, 2017 | -173.29 |
| Sep 30, 2017 | 33.52 |
| Sep 30, 2017 | 33.52 |
| Jun 30, 2017 | 33.07 |
| Jun 30, 2017 | 33.07 |
| Mar 31, 2017 | 28.87 |
| Mar 31, 2017 | 28.87 |
| Dec 31, 2016 | 15.66 |
| Dec 31, 2016 | 15.66 |
| Sep 30, 2016 | -16.98 |
| Sep 30, 2016 | -16.98 |
| Jun 30, 2016 | 36.05 |
| Jun 30, 2016 | 36.05 |
| Mar 31, 2016 | 27.58 |
| Mar 31, 2016 | 27.58 |
| Dec 31, 2015 | 23.84 |
| Dec 31, 2015 | 23.84 |
| Sep 30, 2015 | 44.72 |
| Sep 30, 2015 | 44.72 |
| Jun 30, 2015 | 32.43 |
| Jun 30, 2015 | 32.43 |
| Mar 31, 2015 | 39.13 |
| Mar 31, 2015 | 39.13 |
| Dec 31, 2014 | 36.91 |
| Dec 31, 2014 | 36.91 |
| Sep 30, 2014 | 32.50 |
| Sep 30, 2014 | 32.50 |
| Jun 30, 2014 | 29.83 |
| Jun 30, 2014 | 29.83 |
| Mar 31, 2014 | 33.77 |
| Mar 31, 2014 | 33.77 |
| Dec 31, 2013 | 33.56 |
| Dec 31, 2013 | 33.56 |
| Sep 30, 2013 | 32.82 |
| Sep 30, 2013 | 32.82 |
| Jun 30, 2013 | 30.68 |
| Jun 30, 2013 | 30.68 |
| Mar 31, 2013 | 33.13 |
| Mar 31, 2013 | 33.13 |
| Dec 31, 2012 | 33.06 |
| Dec 31, 2012 | 33.06 |
| Sep 30, 2012 | 33.16 |
| Sep 30, 2012 | 33.16 |
| Jun 30, 2012 | -19.74 |
| Jun 30, 2012 | -19.74 |
| Mar 31, 2012 | 36.29 |
| Mar 31, 2012 | 36.29 |
| Dec 31, 2011 | 38.18 |
| Dec 31, 2011 | 38.18 |
| Sep 30, 2011 | 34.71 |
| Sep 30, 2011 | 34.71 |
| Jun 30, 2011 | 22.92 |
| Jun 30, 2011 | 22.92 |
| Mar 31, 2011 | 9.72 |
| Mar 31, 2011 | 9.72 |
| Dec 31, 2010 | 12.96 |
| Dec 31, 2010 | 12.96 |
| Sep 30, 2010 | 33.91 |
| Sep 30, 2010 | 33.91 |
| Jun 30, 2010 | 11.94 |
| Jun 30, 2010 | 11.94 |
| Mar 31, 2010 | 78.79 |
| Mar 31, 2010 | 78.79 |
| Dec 31, 2009 | 16.67 |
| Dec 31, 2009 | 16.67 |
| Sep 30, 2009 | 42.24 |
| Sep 30, 2009 | 42.24 |