Quarterly ResultJul 30, 2026, 04:28 PM
Carpenter Technology FY26 Operating Income $702M, Q4 Record $207M
AI Summary
Carpenter Technology reported its most profitable year in company history for fiscal year 2026, with adjusted operating income reaching $702.0 million, a 34% increase over fiscal year 2025. The fourth quarter of fiscal year 2026 also set a record for operating income at $206.9 million, up 37% year-over-year, with diluted EPS of $3.23. The Specialty Alloys Operations segment achieved a record adjusted operating margin of 37.8%. The company provided a strong outlook, projecting fiscal year 2027 operating income between $850 million and $880 million and targeting $1.2 billion to $1.3 billion by fiscal year 2029.
Key Highlights
- FY2026 adjusted operating income was $702.0 million, up 34% YoY.
- Q4 FY2026 operating income reached a record $206.9 million, up 37% YoY.
- Q4 FY2026 diluted earnings per share was $3.23, up from $2.21 YoY.
- Specialty Alloys Operations segment achieved record 37.8% adjusted operating margin.
- FY2027 operating income outlook is $850 million to $880 million.
- FY2029 operating income target is $1.2 billion to $1.3 billion.
- Generated $605.0 million cash from operating activities in FY2026.
- Repurchased $45.2 million in shares during Q4 FY2026.
Price Impact
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