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CRS (Carpenter Technology) Asset Turnover : 0.22 (As of Mar. 2025)


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What is Carpenter Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Carpenter Technology's Revenue for the three months ended in Mar. 2025 was $727 Mil. Carpenter Technology's Total Assets for the quarter that ended in Mar. 2025 was $3,344 Mil. Therefore, Carpenter Technology's Asset Turnover for the quarter that ended in Mar. 2025 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Carpenter Technology's annualized ROE % for the quarter that ended in Mar. 2025 was 21.81%. It is also linked to ROA % through Du Pont Formula. Carpenter Technology's annualized ROA % for the quarter that ended in Mar. 2025 was 11.41%.


Carpenter Technology Asset Turnover Historical Data

The historical data trend for Carpenter Technology's Asset Turnover 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.

* Premium members only.

Carpenter Technology Asset Turnover Chart

Carpenter Technology Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.48 0.62 0.85 0.87

Carpenter Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover 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 0.22 0.25 0.22 0.21 0.22

Competitive Comparison of Carpenter Technology's Asset Turnover

For the Metal Fabrication subindustry, Carpenter Technology's Asset Turnover, along with its competitors' market caps and Asset Turnover 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's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Carpenter Technology's Asset Turnover falls into.


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Carpenter Technology Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Carpenter Technology's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=2759.7/( (3053.9+3291.7)/ 2 )
=2759.7/3172.8
=0.87

Carpenter Technology's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=727/( (3326.7+3361.8)/ 2 )
=727/3344.25
=0.22

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Carpenter Technology  (NYSE:CRS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Carpenter Technology's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=381.6/1749.3
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(381.6 / 2908)*(2908 / 3344.25)*(3344.25/ 1749.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.12 %*0.8696*1.9118
=ROA %*Equity Multiplier
=11.41 %*1.9118
=21.81 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Carpenter Technology's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=381.6/3344.25
=(Net Income / Revenue)*(Revenue / Total Assets)
=(381.6 / 2908)*(2908 / 3344.25)
=Net Margin %*Asset Turnover
=13.12 %*0.8696
=11.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Carpenter Technology Asset Turnover Related Terms

Thank you for viewing the detailed overview of Carpenter Technology's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Carpenter Technology Business Description

Traded in Other Exchanges
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.
Executives
Pritchett Colleen director C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
James D Dee officer: VP, Gen Counsel & Secretary TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Elizabeth A Socci officer: VP, Controller & Chf Acctg Off C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
I Martin Inglis director C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Viola L Acoff director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Tony R Thene officer: Sr VP and CFO ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Ramin Younessi director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Timothy Lain officer: VP-Controller, Chf Acctg Ofcr C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Steven E Karol director C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
Marshall D Akins officer: VP & Chief Commercial Officer CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Mclane Charles Douglas Jr director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Brian J Malloy officer: VP - Chief Commercial Officer C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Kathy Hopinkah Hannan director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
David Graf officer: VP and Group President - SAO C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324