Carpenter Technology Corporation (CRS)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,486,800 | 3,291,700 | 3,053,900 | 2,932,300 | 2,971,200 |
| Total stockholders’ equity | US$ in thousands | 1,887,000 | 1,628,800 | 1,396,100 | 1,330,500 | 1,392,300 |
| Financial leverage ratio | 1.85 | 2.02 | 2.19 | 2.20 | 2.13 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,486,800K ÷ $1,887,000K
= 1.85
The financial leverage ratio of Carpenter Technology Corporation has demonstrated a generally declining trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 2.13 in 2021, increased slightly to 2.20 in 2022, and further marginally decreased to 2.19 in 2023. Subsequently, a more pronounced decline is observed, with the ratio dropping to 2.02 in 2024 and continuing downward to 1.85 in 2025.
This pattern indicates that the company's use of debt relative to equity has become progressively less intense over this period. The decrease in the financial leverage ratio suggests that Carpenter Technology Corporation has been reducing its reliance on debt financing, potentially reflecting efforts to strengthen its capital structure and decrease financial risk. Overall, the trend signifies a shift towards lower financial leverage, aligning with a more conservative approach to balance sheet management.
Peer comparison
Jun 30, 2025