Carpenter Technology (CRS) Q3 FY26 earnings call

Earnings call· Mar 2026 (Q3 FY26)· Materials· Apr 29, 2026

Source: earnings call transcript

Carpenter is compounding record profitability at the front end of an aerospace up-cycle, with SAO productivity, mix and pricing pushing margins structurally higher while accelerating build rates and supply-chain restocking signal a multi-year volume runway still largely untapped. Management raised its full-year earnings and cash trajectory, flagged an outdated FY27 target to be reset next quarter, and reaffirmed balanced capital returns alongside brownfield capacity investment.

You’re reading a preview. Opening the full call uses 1 concall credit.

CRS operating KPIs by quarter

CRS operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2025 Q2 FY26	This call Mar 2026 Q3 FY26	Change vs prior quarter
Total case incident rate	1.4 ratio We ended the second quarter of fiscal year 2026 with a total case incident rate of 1.4. Source: earnings call transcript	1.3 ratio We ended the third quarter of fiscal year 2026 with a total case incident rate of 1.3. Source: earnings call transcript	-7.1%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.