Carpenter Technology Corporation (CRS)

Net profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	186,500	56,400	-49,100	-229,600	1,500
Revenue	US$ in thousands	2,756,100	2,495,100	1,783,200	1,431,400	2,164,000
Net profit margin		6.77%	2.26%	-2.75%	-16.04%	0.07%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $186,500K ÷ $2,756,100K
= 6.77%

The net profit margin of Carpenter Technology Corporation has shown significant variability over the past five years, ranging from negative figures to positive percentages.

In 2024, the net profit margin stood at 6.77%, representing a considerable improvement compared to the previous year. This signifies that the company was able to generate more profit relative to its revenue during this period.

In 2023, the net profit margin was 2.26%, demonstrating a slight increase from the previous year. While positive, this margin indicates a moderate level of profitability.

The company experienced a significant decrease in profitability in 2022 with a net profit margin of -2.75%, indicating that expenses exceeded revenue during that year.

In 2021, Carpenter Technology Corporation recorded a net profit margin of -16.04%, reflecting a substantial loss relative to revenue. This suggests that the company faced challenges in controlling costs and generating profits during this period.

Lastly, in 2020, the net profit margin was at a minimal 0.07%, showing only a slight profitability. Overall, Carpenter Technology Corporation's net profit margin has been inconsistent in recent years, highlighting the importance of closely monitoring and managing costs to sustain and improve profitability.