Carpenter Technology Corporation (CRS)

Operating profit margin

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating income	US$ in thousands	525,400	323,100	133,100	-12,200	-179,200
Revenue	US$ in thousands	2,877,100	2,759,700	2,550,300	1,836,300	1,475,600
Operating profit margin		18.26%	11.71%	5.22%	-0.66%	-12.14%

June 30, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $525,400K ÷ $2,877,100K
= 18.26%

The operating profit margin of Carpenter Technology Corporation demonstrates a notable trend of progressive improvement over the analyzed period from June 30, 2021, to June 30, 2025. In the fiscal year ending June 30, 2021, the company reported an operating profit margin of -12.14%, indicating a significant loss relative to its sales and reflecting operational challenges or inefficiencies during that period. By June 30, 2022, this margin had substantially improved to -0.66%, approaching breakeven, which suggests a recovery in operational performance and a reduction in losses.

The positive shift continued into June 30, 2023, where the operating profit margin turned positive at 5.22%, signaling that the company had transitioned into profitability from core operations. This upward trajectory persisted in subsequent years, with the margin rising to 11.71% by June 30, 2024, further strengthening operational efficiency and profitability. The projected or achieved figure of 18.26% by June 30, 2025, indicates a robust improvement, positioning the company with a significantly healthier operating margin relative to prior years.

Overall, the data illustrates a sustained and substantial turnaround in Carpenter Technology Corporation’s operating profitability over the four-year span, reflecting enhanced operational management, better cost control, or improved sales performance, ultimately leading to a stronger profitability profile in the most recent period analyzed.