Carpenter Technology (STU:XTY) Debt-to-Equity: 0.31 (As of Jun. 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:XTY Carpenter Technology Corp STU:XTY
70 GF Score
Price €451.80
GF Value €176.13
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Carpenter Technology Debt-to-Equity?

Carpenter Technology STU:XTY +9.63% 70 Debt-to-Equity is 0.31 as of Jun. 2026, which is 34% below its 10-year median of 0.47. GuruFocus rates STU:XTY with a GF Score™ of 70/100 and a GF Value™ of €176.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,680 Industrial Products companies, Carpenter Technology ranks worse than 55.37% on this metric.

Carpenter Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0 Mil. Carpenter Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €600 Mil. Carpenter Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €1,934 Mil. Carpenter Technology's debt to equity for the quarter that ended in Jun. 2026 was 0.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Carpenter Technology's Debt-to-Equity or its related term are showing as below:

STU:XTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 0.54
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Carpenter Technology was 0.54. The lowest was 0.31. And the median was 0.47.

STU:XTY's Debt-to-Equity is ranked worse than
55.37% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs STU:XTY: 0.31

Carpenter Technology  (STU:XTY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Carpenter Technology Debt-to-Equity Related Terms


Carpenter Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Carpenter Technology's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carpenter Technology Debt-to-Equity Chart

Carpenter Technology Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.50 0.43 0.37 0.31

Carpenter Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.37 0.35 0.34 0.31

STU:XTY vs ATI, MLI, CMC: Debt-to-Equity Comparison

For the Metal Fabrication subindustry, Carpenter Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carpenter Technology Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Carpenter Technology's Debt-to-Equity falls into.


STU:XTY
70GF Score
Carpenter Technology Corp STU:XTY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carpenter Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carpenter Technology's Debt to Equity Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Carpenter Technology's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.31 mean?
Carpenter Technology (STU:XTY) has a Debt-to-Equity of 0.31 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Carpenter Technology and its competitors. This is 34% below median its historical median of 0.47. Over the past decade, Carpenter Technology's Debt-to-Equity has ranged from 0.31 to 0.54. According to the industry distribution chart, Carpenter Technology ranks #1484 out of 2680 companies in the Industrial Products industry, placing it in the top 55.4%.
Is Carpenter Technology's Debt-to-Equity too high?
Carpenter Technology's current Debt-to-Equity of 0.31 is 34% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.54. The Industrial Products industry median Debt-to-Equity is 0.28. Carpenter Technology's value of 0.31 is 10.7% above this industry median. Based on the distribution chart, Carpenter Technology ranks #1484 out of 2680 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Carpenter Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carpenter Technology's Debt-to-Equity compare to ATI and MLI?
According to the Industrial Products industry distribution chart, Carpenter Technology ranks #1484 out of 2680 companies for Debt-to-Equity. This places Carpenter Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Carpenter Technology's value of 0.31 is 10.7% above this benchmark. Historically, Carpenter Technology's own Debt-to-Equity has ranged from 0.31 to 0.54 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.28, Carpenter Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carpenter Technology's current Debt-to-Equity of 0.31 is 10.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Carpenter Technology and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carpenter Technology's current Debt-to-Equity is 0.31, which is 34% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carpenter Technology stock overvalued right now?
Based on GuruFocus' analysis, Carpenter Technology (STU:XTY) is currently considered Significantly Overvalued. The stock's GF Value™ is €176.13, compared to a current price of €451.80 — trading 156.5% above its estimated fair value. The current Debt-to-Equity is 0.31, which is 34% below median its 10-year median of 0.47 and 10.7% above the Industrial Products industry median of 0.28. Carpenter Technology's overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Carpenter Technology (STU:XTY), the current Debt-to-Equity is 0.31 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carpenter Technology (STU:XTY) Overvalued in 2026?

Based on GuruFocus' analysis, Carpenter Technology stock appears to be overvalued. The current stock price of €451.80 is trading 156.5% above its estimated GF Value™ of €176.13. GuruFocus considers Carpenter Technology to be Significantly Overvalued.

Key valuation signals for STU:XTY:

  • Debt-to-Equity: 0.31 (34% below median its 10-year median of 0.47)
  • GF Value™: €176.13 vs. price of €451.80 (156.5% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 10.7% above the Industrial Products median (#1484 of 2680)

No single metric tells the full story. See the STU:XTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carpenter Technology Business Description

Other Exchanges CRS:USA
Address 1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
70GF Score

Get the complete analysis for STU:XTY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€451.80
Price
€176.13
GF Value