Carpenter Technology Corporation (CRS) FCF Payout Ratio: 9.86%
Is Carpenter Technology Corporation’s FCF payout ratio high or low?
Carpenter Technology Corporation's FCF payout ratio of 9.86% is 69% below its 5-year average of 31.73%, near the low end of its 5-year range (9.86%–64.24%).
46.00% below its 12-month average of 18.26%.
CRS FCF Payout Ratio Chart
CRS Average FCF Payout Ratio Chart
CRS Current vs Average FCF Payout Ratio Chart
CRS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
9.86%
FCF PAYOUT RATIO AVG TTM
18.26%
FCF PAYOUT RATIO AVG 3Y
18.26%
FCF PAYOUT RATIO AVG 5Y
31.73%
FCF PAYOUT RATIO AVG 10Y
45.93%
FCF PAYOUT RATIO AVG 15Y
45.83%
FCF PAYOUT RATIO AVG 20Y
41.64%
CURRENT VS TTM AVG
-46.00%
CURRENT VS 3Y AVG
-46.00%
CURRENT VS 5Y AVG
-68.92%
CURRENT VS 10Y AVG
-78.53%
CURRENT VS 15Y AVG
-78.49%
CURRENT VS 20Y AVG
-76.32%
Payout Ratio Comparison
FCF Payout Ratio
9.9%
Earnings Payout Ratio
10.7%
Dividend Yield
0.14%
FCF Yield
1.44%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $286.10M | $40.30M | 14.1% |
| 2024 | $178.30M | $40.00M | 22.4% |
| 2023 | ($67.60M) | $39.40M | N/A (Loss) |
| 2022 | ($85.30M) | $39.20M | N/A (Loss) |
| 2021 | $149.50M | $39.10M | 26.2% |
| 2020 | $60.40M | $38.80M | 64.2% |
| 2019 | $52.10M | $38.60M | 74.1% |
| 2018 | $74.20M | $34.40M | 46.4% |
| 2017 | $30.80M | $34.10M | 110.7% |
| 2016 | $161.70M | $34.80M | 21.5% |
| 2015 | $112.10M | $37.90M | 33.8% |
| 2014 | ($109.60M) | $38.50M | N/A (Loss) |
| 2013 | ($121.70M) | $38.30M | N/A (Loss) |
| 2012 | ($11.60M) | $33.70M | N/A (Loss) |
| 2011 | ($15.40M) | $32.10M | N/A (Loss) |
| 2010 | $71.00M | $31.90M | 44.9% |
| 2009 | $29.20M | $31.50M | 107.9% |
| 2008 | $99.60M | $30.60M | 30.7% |
| 2007 | $228.00M | $25.70M | 11.3% |
| 2006 | $218.30M | $16.50M | 7.6% |
| 2005 | $128.70M | $11.40M | 8.9% |
| 2004 | $86.10M | $9.30M | 10.8% |
| 2003 | $83.70M | $14.50M | 17.3% |
| 2002 | $117.00M | $31.00M | 26.5% |
| 2001 | $68.10M | $30.70M | 45.1% |
| 2000 | ($42.60M) | $30.80M | N/A (Loss) |
| 1999 | ($88.80M) | $30.70M | N/A (Loss) |
| 1998 | ($168.90M) | $28.50M | N/A (Loss) |
| 1997 | ($19.50M) | $24.40M | N/A (Loss) |
| 1996 | $1.40M | $23.30M | n/m |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Carpenter Technology Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Carpenter Technology Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The FCF payout ratio for CRS stock is 9.86%.
- Is Carpenter Technology Corporation's FCF payout ratio high or low?
- Carpenter Technology Corporation's FCF payout ratio of 9.86% is 69% below its 5-year average of 31.73%, near the low end of its 5-year range (9.86%–64.24%).
- What is the TTM average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The TTM average FCF payout ratio for CRS stock is 18.26%.
- What is the 3Y average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The 3Y average FCF payout ratio for CRS stock is 18.26%.
- What is the 5Y average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The 5Y average FCF payout ratio for CRS stock is 31.73%.
- What is the 10Y average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The 10Y average FCF payout ratio for CRS stock is 45.93%.
- What is the 15Y average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The 15Y average FCF payout ratio for CRS stock is 45.83%.
- What is the 20Y average FCF payout ratio for Carpenter Technology Corporation (CRS)?
- The 20Y average FCF payout ratio for CRS stock is 41.64%.
Carpenter Technology Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-06-30 | 14.09% |
| 2024-06-30 | 22.43% |
| 2021-06-30 | 26.15% |
| 2020-06-30 | 64.24% |
| 2019-06-30 | 74.09% |
| 2018-06-30 | 46.36% |
| 2017-06-30 | 110.71% |
| 2016-06-30 | 21.52% |
| 2015-06-30 | 33.81% |
| 2010-06-30 | 44.93% |
| 2009-06-30 | 107.88% |
| 2008-06-30 | 30.72% |
| 2007-06-30 | 11.27% |
| 2006-06-30 | 7.56% |
| 2005-06-30 | 8.86% |
| 2004-06-30 | 10.80% |
| 2003-06-30 | 17.32% |
| 2002-06-30 | 26.50% |
| 2001-06-30 | 45.08% |
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