Carpenter Technology Corporation (CRS) Current Ratio: 3.65
Is Carpenter Technology Corporation’s current ratio high or low?
Carpenter Technology Corporation's current ratio of 3.65 is 14% above its 5-year average of 3.21, near the high end of its 5-year range (2.79–3.65).
As of Wednesday, June 17, 2026. 3.40% above its 12-month average of 3.53.
CRS Current Ratio Chart
CRS Average Current Ratio Chart
CRS Current vs Average Current Ratio Chart
CRS Current Ratio Metrics
CURRENT RATIO
3.65
CURRENT RATIO AVG TTM
3.53
CURRENT RATIO AVG 3Y
3.21
CURRENT RATIO AVG 5Y
3.21
CURRENT RATIO AVG 10Y
3.18
CURRENT RATIO AVG 15Y
3.11
CURRENT RATIO AVG 20Y
3.17
CURRENT VS TTM AVG
+3.40%
CURRENT VS 3Y AVG
+13.80%
CURRENT VS 5Y AVG
+13.59%
CURRENT VS 10Y AVG
+14.88%
CURRENT VS 15Y AVG
+17.48%
CURRENT VS 20Y AVG
+15.25%
CRS Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $28.59B | 3.65 | 3.53 | 3.21 | 3.21 |
| Curtiss-Wright Corporation (CW)vs › | $28.53B | 1.44 | 1.56 | 1.70 | 1.70 |
| Copart, Inc. (CPRT)vs › | $28.31B | 8.25 | 7.64 | 6.73 | 5.61 |
| Dover Corporation (DOV)vs › | $29.98B | 1.79 | 1.92 | 1.61 | 1.53 |
| ATI Inc. (ATI)vs › | $26.79B | 2.66 | 2.55 | 2.62 | 2.72 |
| Xylem Inc. (XYL)vs › | $26.63B | 1.63 | 1.69 | 1.76 | 1.85 |
| Hubbell Incorporated (HUBB)vs › | $26.56B | 1.72 | 1.68 | 1.71 | 1.72 |
| Axon Enterprise, Inc. (AXON)vs › | $35.13B | 2.53 | 1.95 | 2.51 | 2.75 |
| Paychex, Inc. (PAYX)vs › | $35.84B | 1.28 | 1.33 | 1.30 | 1.28 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $21.15B | 1.81 | 1.79 | 1.95 | 1.95 |
Liquidity Analysis
Current Ratio
3.65
Quick Ratio
2.01
Carpenter Technology Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Carpenter Technology Corporation Current Ratio FAQ
- What is the current ratio for Carpenter Technology Corporation (CRS)?
- The current ratio for CRS stock is 3.65.
- Is Carpenter Technology Corporation's current ratio high or low?
- Carpenter Technology Corporation's current ratio of 3.65 is 14% above its 5-year average of 3.21, near the high end of its 5-year range (2.79–3.65).
- What is the TTM average current ratio for Carpenter Technology Corporation (CRS)?
- The TTM average current ratio for CRS stock is 3.53.
- What is the 3Y average current ratio for Carpenter Technology Corporation (CRS)?
- The 3Y average current ratio for CRS stock is 3.21.
- What is the 5Y average current ratio for Carpenter Technology Corporation (CRS)?
- The 5Y average current ratio for CRS stock is 3.21.
- What is the 10Y average current ratio for Carpenter Technology Corporation (CRS)?
- The 10Y average current ratio for CRS stock is 3.18.
- What is the 15Y average current ratio for Carpenter Technology Corporation (CRS)?
- The 15Y average current ratio for CRS stock is 3.11.
- What is the 20Y average current ratio for Carpenter Technology Corporation (CRS)?
- The 20Y average current ratio for CRS stock is 3.17.
Carpenter Technology Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-06-30 | 3.65 |
| 2024-06-30 | 3.41 |
| 2023-06-30 | 2.79 |
| 2022-06-30 | 2.98 |
| 2021-06-30 | 3.65 |
| 2020-06-30 | 2.80 |
| 2019-06-30 | 2.97 |
| 2018-06-30 | 3.24 |
| 2017-06-30 | 2.76 |
| 2016-06-30 | 3.38 |
| 2015-06-30 | 3.32 |
| 2014-06-30 | 2.78 |
| 2013-06-30 | 3.04 |
| 2012-06-30 | 2.25 |
| 2011-06-30 | 2.93 |
| 2010-06-30 | 3.76 |
| 2009-06-30 | 3.78 |
| 2008-06-30 | 2.97 |
| 2007-06-30 | 3.43 |
| 2006-06-30 | 3.68 |
| 2005-06-30 | 2.94 |
| 2004-06-30 | 2.14 |
| 2003-06-30 | 2.46 |
| 2002-06-30 | 1.78 |
| 2001-06-30 | 1.33 |
| 2000-06-30 | 1.22 |
| 1999-06-30 | 1.44 |
| 1998-06-30 | 1.85 |
| 1997-06-30 | 1.56 |
| 1996-06-30 | 1.89 |
Related Metrics
About Carpenter Technology Corporation
Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada. The company's operations are structured into two primary divisions: Specialty Alloys Operations and Performance Engineered Products. Its diverse product portfolio encompasses advanced alloys like titanium, stainless, alloy, and tool steels, alongside various powder metals, additives, and custom-fabricated metal components. These specialized materials are critical to numerous industries, including aerospace, defense, medical devices, transportation, energy generation, general manufacturing, and consumer goods. Established in 1889, Carpenter Technology maintains its corporate headquarters in Philadelphia, Pennsylvania.
- Sector
- Industrials
- Industry
- Manufacturing - Metal Fabrication
- CEO
- Tony R. Thene