Carpenter Technology (CRS) Q4 2026 Earnings Call Transcript

Carpenter Technology’s (CRS) executives outlined a strong fiscal Q4 performance and an upward earnings outlook on its Q4 2026 earnings call held July 30, 2026 at 10 a.m. ET. Operating income reached $206.9 million, up 11% sequentially and 37% year over year, while diluted EPS rose to $3.23. For fiscal 2026, operating income totaled $702 million, up 34% versus fiscal 2025. The company guided fiscal 2027 operating income to $850 million–$880 million and targeted $1.2 billion–$1.3 billion by fiscal 2029. Specialty Alloys helped drive margin to 37.8%. Operating cash flow was $605 million and adjusted free cash flow $362.3 million.