Carpenter Technology price to free cash flow CRS

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 38.9×
10-year median: 38.0×
Against its 10-year history: 53rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.2× to 387×
Peer median: 36.2×

Carpenter Technology's price to free cash flow is 38.9× as of Oct 23, 2026.

That is above its ten-year median of 38.0×, close to the middle of its last ten years.

Over that time it ranged from 5.2× in Oct 2020 to 387× in Dec 2023.

The median for 5 steel stocks of a similar size is 36.2×.

Price to free cash flow over time

median 38×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	38.9×	38.9×	74.5×
2025	61.8×	29.6×	62.8×
2024	41.3×	26.7×	358×
2023	375×	331×	387×
2022	41.5×	41.5×	47.1×
2021	42.1×	6.2×	49.1×
2020	8.6×	5.2×	141×
2019	64.0×	23.6×	68.2×
2018	21.6×	21.0×	146×
2017	139×	13.5×	141×
2016	13.2×	5.6×	14.5×
2015	8.9×	8.3×	54.7×
2014	n/m a value too high to mean anything
2013	n/m a value too high to mean anything
2012	193×	167×	195×

Against its peers

Companies in Steel nearest Carpenter Technology's size, closest first, today.

Company	Price to free cash flow
CRSCarpenter Technology	38.9×
RSReliance Steel & Aluminum	39.3×
STLDSteel Dynamics	36.2×
NUENucor	37.0×
CSTMConstellium	14.4×
WORWorthington Enterprises	16.0×
Peer median	36.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Carpenter Technology

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.