Carpenter Technology FY26 net income rises 41% to $529.8 million; net sales climb 9% to $3.12 billion

• Carpenter Technology’s fiscal 2026 net income rose to $529.8 million; diluted EPS increased to $10.52.
• Net sales climbed 9% to $3.12 billion; Aerospace and Defense net sales rose 15% to $2.04 billion.
• Operating income increased to $702 million; operating margin widened to 22.5% from 18.1% a year earlier.
• Cash from operating activities grew to $605 million; adjusted free cash flow rose to $362.3 million.
• Capital expenditures totaled $242.7 million; projected fiscal 2027 capex seen at $355 million-$375 million on the Athens, Alabama expansion.

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