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Carpenter Technology vs Titan International: revenue, profit, margins and growth compared

Carpenter Technology brought in $3.1B of revenue in fiscal 2026, Titan International $1.8B in fiscal 2025. Revenue changed by +8.6% at Carpenter Technology and -0.9% at Titan International on the year before, so Carpenter Technology grew faster. Carpenter Technology kept 17.0% of its revenue as net profit, Titan International -3.5%. Free cash flow was $362.3M at Carpenter Technology and -$24.6M at Titan International.

Side by side, latest fiscal year

CRSTWI
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$3.1B$1.8B
Revenue growth+8.6%-0.9%
Net income$529.8M-$63.5M
Net margin17.0%-3.5%
Free cash flow$362.3M-$24.6M
Free cash flow margin11.6%-1.3%
Earnings per share (diluted)$10.52-$1.00
Cash$393.3M$202.9M
Debt$690.7M$587.9M
Price to earnings37.7n/a
Market value$19.7B$456.3M
Dividend yield0.20%n/a
Rank by revenue in sector#179 of 451 · Industrials#227 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: $3.1BTWI FY2018: $1.6BTWI FY2019: $1.4BTWI FY2020: $1.3BTWI FY2021: $1.8BTWI FY2022: $2.2BTWI FY2023: $1.8BTWI FY2024: $1.8BTWI FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $3.1BTWI $1.8B
Net income
CRS FY2019: $167MCRS FY2020: $1.5MCRS FY2021: -$229.6MCRS FY2022: -$49.1MCRS FY2023: $56.4MCRS FY2024: $186.5MCRS FY2025: $376MCRS FY2026: $529.8MTWI FY2018: $16.1MTWI FY2019: -$48.4MTWI FY2020: -$60.4MTWI FY2021: $49.6MTWI FY2022: $176.3MTWI FY2023: $78.8MTWI FY2024: -$5.6MTWI FY2025: -$63.5MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $529.8MTWI -$63.5M
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%TWI FY2018: 1.0%TWI FY2019: -3.3%TWI FY2020: -4.8%TWI FY2021: 2.8%TWI FY2022: 8.1%TWI FY2023: 4.3%TWI FY2024: -0.3%TWI FY2025: -3.5%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS 17.0%TWI -3.5%
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%TWI FY2019: -9.6%TWI FY2020: -13.1%TWI FY2021: +41.4%TWI FY2022: +21.9%TWI FY2023: -16.0%TWI FY2024: +1.3%TWI FY2025: -0.9%FY19FY20FY21FY22FY23FY24FY25FY26
CRS +8.6%TWI -0.9%
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: $362.3MTWI FY2018: -$75.2MTWI FY2019: $9MTWI FY2020: $35.5MTWI FY2021: -$28.1MTWI FY2022: $113.7MTWI FY2023: $118.6MTWI FY2024: $75.9MTWI FY2025: -$24.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $362.3MTWI -$24.6M

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

Questions about Carpenter Technology and Titan International

Which is bigger by revenue, Carpenter Technology or Titan International?

Carpenter Technology is bigger by revenue: $3.1B in fiscal 2026, against $1.8B for Titan International in fiscal 2025.

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

Carpenter Technology had a net margin of 17.0% in fiscal 2026; Titan International had -3.5% in fiscal 2025.

Which grew revenue faster, Carpenter Technology or Titan International?

In their latest fiscal years revenue changed by +8.6% at Carpenter Technology and -0.9% at Titan International.

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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