Carpenter Technology Corp

Latest Results (15.11.2025):

Carpenter Technology Corp reported its financial results for the fourth quarter of fiscal year 2025, delivering record quarterly operating income of $151.4 million and robust adjusted free cash flow of $201.3 million. The report highlighted a milestone year with record adjusted operating income of $525.4 million for FY2025, as well as strong cash generation and liquidity, while outlining an optimistic fiscal 2026 outlook with operating income expected to increase by 26% to 33%.

Record Quarterly Performance

The company achieved a record quarterly operating income of $151.4 million in Q4 FY2025, marking a 10% sequential and 21% year-over-year increase.

Robust Cash Flow Generation

Carpenter Technology generated $201.3 million of adjusted free cash flow in the fourth quarter, contributing solidly to a record annual free cash flow of $287.5 million.

Historic Annual Profitability

FY2025 proved to be the most profitable year in the company’s history, with record adjusted operating income reaching $525.4 million and enhanced performance in key market segments like Aerospace and Defense.

Optimistic Fiscal 2026 Outlook

The management provided robust guidance for fiscal 2026, expecting operating income between $660 million and $700 million—an increase of 26% to 33% over FY2025—and projecting $240 million to $280 million in adjusted free cash flow, with further growth anticipated into fiscal 2027.

Operational Strength and Strategic Initiatives

Improved margins in the Specialty Alloys Operations segment, effective share repurchases, and strong liquidity with total available funds of $664.4 million underscore Carpenter Technology Corp's execution and strategic positioning for continued growth.