Carpenter Technology Corporation (CRS) Research & Development Expenses
The r&d expense for Carpenter Technology Corporation (CRS) is $26.10 Million with a year-over-year change of +1.95%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
CRS R&D Expense Chart
Current R&D Expense
$26.10M
$26.10 Million
Year-over-Year Change
+1.95%
vs. $25.60M prior year
Historical Data
30
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $26.10M | +$500,000 | +1.95% |
| 2024 | $25.60M | +$1.20M | +4.92% |
| 2023 | $24.40M | +$24.40M | — |
| 2022 | $0 | $-19.70M | -100.00% |
| 2021 | $19.70M | +$19.70M | — |
| 2020 | $0 | +$0 | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | +$0 | — |
| 2017 | $0 | +$0 | — |
| 2016 | $0 | +$0 | — |
| 2015 | $0 | +$0 | — |
| 2014 | $0 | +$0 | — |
| 2013 | $0 | +$0 | — |
| 2012 | $0 | +$0 | — |
| 2011 | $0 | +$0 | — |
| 2010 | $0 | +$0 | — |
| 2009 | $0 | +$0 | — |
| 2008 | $0 | +$0 | — |
| 2007 | $0 | +$0 | — |
| 2006 | $0 | +$0 | — |
| 2005 | $0 | +$0 | — |
| 2004 | $0 | +$0 | — |
| 2003 | $0 | +$0 | — |
| 2002 | $0 | +$0 | — |
| 2001 | $0 | +$0 | — |
| 2000 | $0 | +$0 | — |
| 1999 | $0 | +$0 | — |
| 1998 | $0 | +$0 | — |
| 1997 | $0 | +$0 | — |
| 1996 | $0 | — | — |
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