Carpenter Technology Corporation

With locations in North America, Europe and Asia, Carpenter Technology Corporation is a global developer, manufacturer and distributor of a variety of specialty loose powder metallurgy and cast/wrought alloys in long product form. Products include titanium alloys, high-strength steels, superior corrosion-resistant alloys, nickel-based alloys and superalloys, magnetic, controlled expansion and electronic alloys, stainless and specialty steels, and tool and die steels. Carpenter acquired Latrobe Specialty Metals Company, Latrobe, Pa., in February 2012. Our talented team of technical, production and delivery experts provide innovative materials solutions to the ever-changing needs of the automotive, aerospace, power gen, oil & gas, industrial, medical, defense and consumer products industries.

Type
Public
HQ
Philadelphia, US
Founded
1889
Size (employees)
4,500 (est)-8%
Carpenter Technology Corporation was founded in 1889 and is headquartered in Philadelphia, US

Carpenter Technology Corporation Office Locations

Carpenter Technology Corporation has offices in Philadelphia, Reading, Latrobe, Tanner and in 1 other location
Philadelphia, US (HQ)
1735 Market St
Mont Saint Guibert, BE
11 Rue Edouard Belin
Tanner, US
22110 Thomas L Hammons Rd
Latrobe, US
2626 Ligonier St
Reading, US
101 W Bern St

Carpenter Technology Corporation Data and Metrics

Carpenter Technology Corporation Financial Metrics

Carpenter Technology Corporation's revenue was reported to be $473.6 m in Q3, 2017
USD

Revenue (Q3, 2017)

473.6 m

Gross profit (Q3, 2017)

83.1 m

Gross profit margin (Q3, 2017), %

18%

Net income (Q3, 2017)

21.5 m

EBIT (Q3, 2017)

35.8 m

Market capitalization (25-Jul-2017)

1.8 b

Cash (31-Mar-2017)

16.6 m
Carpenter Technology Corporation's current market capitalization is $1.8 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

2.2 b2.2 b1.8 b

Revenue growth, %

2%(19%)

Cost of goods sold

1.9 b1.5 b

Gross profit

318.3 m278.4 m

Gross profit Margin, %

14%15%

General and administrative expense

173.8 m

Operating expense total

173.8 m

EBIT

111.5 m51.6 m

EBIT margin, %

5%3%

Interest expense

27.7 m28 m

Pre tax profit

89.1 m21.5 m

Income tax expense

30.4 m10.2 m

Net Income

132.8 m58.7 m11.3 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

570.6 m455.6 m443.8 m456.3 m389 m427.4 m473.6 m

Cost of goods sold

494.8 m387 m377.5 m386.3 m343 m364.9 m390.5 m

Gross profit

75.8 m68.6 m66.3 m70 m46 m62.5 m83.1 m

Gross profit Margin, %

13%15%15%15%12%15%18%

General and administrative expense

45.7 m43.4 m44.5 m41.7 m44.6 m47.1 m47.3 m

Operating expense total

45.7 m43.4 m44.5 m41.7 m44.6 m47.1 m47.3 m

EBIT

4.8 m24.8 m21.8 m(24.3 m)1.4 m15.4 m35.8 m

EBIT margin, %

1%5%5%(5%)0%4%8%

Interest expense

(7.1 m)(6.6 m)(7 m)(7.2 m)(7.3 m)(7.4 m)(7.7 m)

Pre tax profit

(2.3 m)16.1 m15.1 m(33 m)(5.3 m)8.3 m29.1 m

Income tax expense

(900 k)7.2 m3.6 m(9.1 m)900 k1.3 m8.4 m

Net Income

13.5 m37.6 m36.2 m8.9 m20.4 m(3.6 m)(6.2 m)800 k21.5 m
USDFY, 2014FY, 2015FY, 2016

Cash

120 m70 m82 m

Inventories

699.2 m655.8 m628.7 m

Current Assets

1.2 b1.1 b1 b

PP&E

1.4 b1.4 b1.4 b

Goodwill

257.7 m257.4 m244.8 m

Total Assets

3.1 b2.9 b2.8 b

Accounts Payable

278.1 m169.5 m159.6 m

Total Debt

611.3 m

Current Liabilities

430.6 m322.1 m298.8 m

Total Liabilities

1.7 b

Additional Paid-in Capital

263.5 m266.6 m273.5 m

Total Equity

1.5 b1.3 b1.1 b

Debt to Equity Ratio

0.6 x

Debt to Assets Ratio

0.2 x

Financial Leverage

2 x2.2 x2.5 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

66 m28.8 m29.4 m30.6 m21.1 m23.4 m50.9 m22.5 m16.6 m

Accounts Receivable

319.1 m309.2 m318.9 m278.9 m268.4 m271 m240.7 m250 m267.2 m

Inventories

728.1 m757.1 m710.7 m686.7 m687.7 m649.4 m661.6 m700.7 m718.3 m

Current Assets

1.2 b1.2 b1.1 b1 b1 b1 b1 b1 b1.1 b

PP&E

1.4 b1.4 b1.4 b1.4 b1.4 b1.3 b1.3 b1.3 b1.3 b

Goodwill

257.6 m257.5 m257.3 m257.2 m257.2 m244.8 m244.8 m244.8 m270.9 m

Total Assets

3 b3.1 b3 b2.9 b2.8 b2.8 b2.8 b2.8 b2.8 b

Accounts Payable

251.5 m191.3 m178.3 m165.4 m140.2 m152.9 m153.5 m167.7 m191.3 m

Current Liabilities

389.6 m365.5 m322.6 m324.4 m335.3 m315.1 m264.3 m312.1 m322.2 m

Additional Paid-in Capital

260.6 m260.3 m265.1 m268.6 m271.4 m272.9 m276.4 m280.2 m283.6 m

Total Equity

1.5 b1.5 b1.4 b1.3 b1.2 b1.2 b1.1 b1.1 b1.2 b

Financial Leverage

2 x2.1 x2.1 x2.2 x2.3 x2.3 x2.5 x2.5 x2.4 x
USDFY, 2014FY, 2015FY, 2016

Net Income

132.8 m58.7 m11.3 m

Depreciation and Amortization

111.9 m122.3 m119.3 m

Accounts Receivable

5.6 m25.4 m48.2 m

Inventories

(37 m)36 m1.6 m

Accounts Payable

16.8 m(59.9 m)(7.6 m)

Cash From Investing Activities

(348.6 m)(170 m)(82.6 m)

Dividends Paid

(38.5 m)(37.9 m)(34.8 m)

Cash From Financing Activities

(163.1 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

13.5 m37.6 m36.2 m8.9 m20.4 m(3.6 m)(6.2 m)800 k21.5 m

Depreciation and Amortization

30.3 m60.6 m91.2 m29.9 m60.3 m90 m28.9 m58.7 m88.8 m

Accounts Receivable

16.2 m22.7 m6.6 m24.4 m33.4 m32.6 m13.2 m800 k(15 m)

Inventories

(30.8 m)(62.2 m)(18.4 m)(33 m)(34.8 m)(18 m)(33.5 m)(74.2 m)(89 m)

Accounts Payable

1.3 m(28 m)(42.3 m)2.5 m(17.6 m)(6.6 m)(700 k)17.2 m40.6 m

Cash From Investing Activities

(58.9 m)(127.3 m)(152.1 m)(25.9 m)(45.2 m)(55.5 m)(26.6 m)(45.1 m)(92.1 m)

Dividends Paid

(9.6 m)(19.3 m)(28.8 m)(9 m)(17.9 m)(26.3 m)(8.5 m)(17 m)(25.6 m)

Cash From Financing Activities

(8.8 m)(86.2 m)(56 m)(128.6 m)(8.2 m)(10.2 m)
USDY, 2017

Revenue/Employee

105.2 k

Financial Leverage

2.4 x

Carpenter Technology Corporation Market Value History

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Carpenter Technology Corporation Company Life and Culture

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