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Carpenter Technology vs ArcelorMittal: revenue, profit, margins and growth compared

Carpenter Technology brought in $3.1B of revenue in fiscal 2026, ArcelorMittal $61.4B in fiscal 2025. Revenue changed by +8.6% at Carpenter Technology and -1.7% at ArcelorMittal on the year before, so Carpenter Technology grew faster. Carpenter Technology kept 17.0% of its revenue as net profit, ArcelorMittal 5.1%.

Side by side, latest fiscal year

CRSMT
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$3.1B$61.4B
Revenue growth+8.6%-1.7%
Net income$529.8M$3.2B
Net margin17.0%5.1%
Free cash flow$362.3Mn/a
Free cash flow margin11.6%n/a
Earnings per share (diluted)$10.52$4.11
Cash$393.3M$5.4B
Debt$690.7M$13.4B
Price to earnings37.7n/a
Market value$19.7B$53.8B
Dividend yield0.20%n/a
Rank by revenue in sector#179 of 451 · Industrials#9 of 451 · Industrials

Over the years

Revenue
CRS FY2019: $2.4BCRS FY2020: $2.2BCRS FY2021: $1.5BCRS FY2022: $1.8BCRS FY2023: $2.6BCRS FY2024: $2.8BCRS FY2025: $2.9BCRS FY2026: $3.1BMT FY2018: $76BMT FY2019: $70.6BMT FY2020: $53.3BMT FY2021: $76.6BMT FY2022: $79.8BMT FY2023: $68.3BMT FY2024: $62.4BMT FY2025: $61.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $3.1BMT $61.4B
Net income
CRS FY2019: $167MCRS FY2020: $1.5MCRS FY2021: -$229.6MCRS FY2022: -$49.1MCRS FY2023: $56.4MCRS FY2024: $186.5MCRS FY2025: $376MCRS FY2026: $529.8MMT FY2018: $5.1BMT FY2019: -$2.5BMT FY2020: -$733MMT FY2021: $15BMT FY2022: $9.3BMT FY2023: $919MMT FY2024: $1.3BMT FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $529.8MMT $3.2B
Net margin
CRS FY2019: 7.0%CRS FY2020: 0.1%CRS FY2021: -15.6%CRS FY2022: -2.7%CRS FY2023: 2.2%CRS FY2024: 6.8%CRS FY2025: 13.1%CRS FY2026: 17.0%MT FY2018: 6.8%MT FY2019: -3.5%MT FY2020: -1.4%MT FY2021: 19.5%MT FY2022: 11.7%MT FY2023: 1.3%MT FY2024: 2.1%MT FY2025: 5.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS 17.0%MT 5.1%
Revenue growth
CRS FY2020: -8.4%CRS FY2021: -32.3%CRS FY2022: +24.4%CRS FY2023: +38.9%CRS FY2024: +8.2%CRS FY2025: +4.3%CRS FY2026: +8.6%MT FY2019: -7.1%MT FY2020: -24.6%MT FY2021: +43.7%MT FY2022: +4.3%MT FY2023: -14.5%MT FY2024: -8.5%MT FY2025: -1.7%FY19FY20FY21FY22FY23FY24FY25FY26
CRS +8.6%MT -1.7%
Free cash flow
CRS FY2019: $52.1MCRS FY2020: $60.4MCRS FY2021: $149.5MCRS FY2022: -$85.3MCRS FY2023: -$67.6MCRS FY2024: $178.3MCRS FY2025: $286.1MCRS FY2026: $362.3MFY19FY20FY21FY22FY23FY24FY25FY26
CRS $362.3MMT

Fiscal years as each company reports them; the two may end in different months.

Questions about Carpenter Technology and ArcelorMittal

Which is bigger by revenue, Carpenter Technology or ArcelorMittal?

ArcelorMittal is bigger by revenue: $61.4B in fiscal 2025, against $3.1B for Carpenter Technology in fiscal 2026.

Which keeps more of its revenue as profit, Carpenter Technology or ArcelorMittal?

Carpenter Technology had a net margin of 17.0% in fiscal 2026; ArcelorMittal had 5.1% in fiscal 2025.

Which grew revenue faster, Carpenter Technology or ArcelorMittal?

In their latest fiscal years revenue changed by +8.6% at Carpenter Technology and -1.7% at ArcelorMittal.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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