Carpenter Technology
Financial ratios & Valuation

Forward Multiples (2026 – 2028)

202620272028
Price/Earnings ratio
33.9028.2629.21
Price/Sales ratio
3.473.273.02
Earnings per Share (EPS)
$7.10$8.52$8.25

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
34.66140.1737.4313.1613.76778.57-8.46-27.5648.5628.5037.5913.76
Price/Sales ratio
0.910.870.971.140.960.531.310.731.071.923.010.96
Price/Book Value ratio
1.531.431.461.661.510.801.391.011.963.265.141.51
Price/Cash Flow ratio
7.196.1613.6011.869.885.037.77225.60186.3319.3327.789.88
Price/Free Cash Flow ratio
18.149.7957.1133.4444.1119.3312.99-15.86-40.5129.8141.2541.25
Price/Earnings Growth ratio
-0.62-1.760.110.04-1.12-7.830.000.35-0.220.123.87-1.12
Dividend Yield
1.86%2.19%1.93%1.38%1.67%3.32%2.01%2.89%1.43%0.75%0.46%3.32%
Profitability Indicator Ratios
Gross Profit Margin
14.29%14.11%15.81%17.71%18.68%16.44%0.06%8.15%13.22%21.17%22.74%18.68%
Operating Profit Margin
5.00%2.84%5.40%8.67%10.14%7.25%-12.14%-0.66%5.21%11.70%14.32%10.14%
Pretax Profit Margin
4.00%1.18%3.90%7.42%9.07%0.27%-20.18%-3.43%2.84%7.66%9.21%9.07%
Net Profit Margin
2.63%0.62%2.61%8.73%7.01%0.06%-15.55%-2.67%2.21%6.75%8.04%7.01%
Effective Tax Rate
34.11%47.44%33.04%-17.66%22.68%75.40%22.92%22.18%22.20%11.86%12.63%75.40%
Return on Assets
2.02%0.40%1.63%6.26%5.23%0.04%-7.72%-1.67%1.84%5.66%6.98%5.23%
Return On Equity
4.42%1.02%3.92%12.68%10.98%0.10%-16.49%-3.69%4.03%11.45%14.51%10.98%
Return on Capital Employed
4.31%2.06%3.91%7.07%8.70%5.70%-6.72%-0.47%5.13%11.43%14.20%8.70%
Liquidity Ratios
Current Ratio
3.323.382.763.242.972.803.64N/AN/AN/A3.842.97
Quick Ratio
1.281.271.011.341.071.192.251.651.391.831.991.07
Cash ratio
0.210.270.160.150.060.420.930.410.090.420.360.06
Days of Sales Outstanding
49.8451.0458.9664.0258.9048.9176.3575.9876.0374.4073.5358.90
Days of Inventory outstanding
125.42147.33166.52141.68148.55145.06105.37107.36105.50123.38125.30145.06
Operating Cycle
175.27198.38225.48205.71207.45193.98181.73183.35181.54197.79198.83198.83
Days of Payables Outstanding
32.4137.4048.5044.1345.0124.8735.2452.3945.8644.2745.6945.01
Cash Conversion Cycle
142.85160.97176.98161.57162.43169.10146.48130.96135.68153.52153.14169.10
Debt Ratios
Debt Ratio
0.200.210.210.180.170.220.230.230.220.210.210.17
Debt Equity Ratio
0.450.550.500.360.370.490.490.510.490.420.410.37
Long-term Debt to Capitalization
0.310.350.310.260.260.270.330.340.330.290.290.26
Total Debt to Capitalization
0.310.350.330.260.270.330.330.340.330.290.290.27
Interest Coverage Ratio
5.072.933.366.619.286.48-5.48N/AN/AN/A6.486.48
Cash Flow to Debt Ratio
0.460.420.210.380.400.320.350.000.020.390.440.40
Company Equity Multiplier
2.192.522.402.022.092.232.132.202.182.021.962.23
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.120.140.070.090.090.100.160.000.000.090.100.09
Free Cash Flow / Operating Cash Flow Ratio
0.390.620.230.350.220.260.59-14.21-4.590.640.670.22
Cash Flow Coverage Ratio
0.460.420.210.380.400.320.350.000.020.390.440.40
Short Term Coverage Ratio
N/AN/A2.35N/A11.791.36N/AN/AN/AN/AN/A1.36
Dividend Payout Ratio
64.56%307.96%72.55%18.24%23.11%2586.66%-17.02%-79.83%69.85%21.44%17.67%2586.66%