Carpenter Technology Corporation

NYSE CRS

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Carpenter Technology Corporation Cash Dividend Coverage Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024

Carpenter Technology Corporation Cash Dividend Coverage Ratio 2 year CAGR is NA for the Trailing 12 Months (TTM) ending March 31, 2024. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Carpenter Technology Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -1.33, a -108.19% change year over year.
Carpenter Technology Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was -0.64, a -107.99% change year over year.
Carpenter Technology Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 8.03, a 15.29% change year over year.
Carpenter Technology Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 6.96, a 41.37% change year over year.

NYSE: CRS

Carpenter Technology Corporation

CEO	Mr. Tony R. Thene
IPO Date	Nov. 5, 1987
Location	United States
Headquarters	1735 Market Street, Philadelphia, PA, United States, 19103
Employees	4,500
Sector	Industrials
Industry	Metal fabrication

Description

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

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