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

Carpenter Technology brought in $3.1B of revenue in fiscal 2026, Ternium $15.6B in fiscal 2025. Revenue changed by +8.6% at Carpenter Technology and -11.6% at Ternium on the year before, so Carpenter Technology grew faster. Carpenter Technology kept 17.0% of its revenue as net profit, Ternium 2.7%. Free cash flow was $362.3M at Carpenter Technology and -$345.5M at Ternium.

Side by side, latest fiscal year

CRSTX
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$3.1B$15.6B
Revenue growth+8.6%-11.6%
Net income$529.8M$425.2M
Net margin17.0%2.7%
Free cash flow$362.3M-$345.5M
Free cash flow margin11.6%-2.2%
Earnings per share (diluted)$10.52$0.22
Cash$393.3M$1.5B
Debt$690.7M$2.4B
Price to earnings37.7n/a
Market value$19.7B$10.9B
Dividend yield0.20%n/a
Rank by revenue in sector#179 of 451 · Industrials#41 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: $3.1BTX FY2018: $11.5BTX FY2019: $10.2BTX FY2020: $8.7BTX FY2021: $16.1BTX FY2022: $16.4BTX FY2023: $17.6BTX FY2024: $17.6BTX FY2025: $15.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $3.1BTX $15.6B
Net income
CRS FY2019: $167MCRS FY2020: $1.5MCRS FY2021: -$229.6MCRS FY2022: -$49.1MCRS FY2023: $56.4MCRS FY2024: $186.5MCRS FY2025: $376MCRS FY2026: $529.8MTX FY2018: $1.5BTX FY2019: $564.3MTX FY2020: $778.5MTX FY2021: $3.8BTX FY2022: $1.8BTX FY2023: $676MTX FY2024: -$53.7MTX FY2025: $425.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $529.8MTX $425.2M
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%TX FY2018: 13.2%TX FY2019: 5.5%TX FY2020: 8.9%TX FY2021: 23.8%TX FY2022: 10.8%TX FY2023: 3.8%TX FY2024: -0.3%TX FY2025: 2.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS 17.0%TX 2.7%
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%TX FY2019: -11.0%TX FY2020: -14.3%TX FY2021: +84.2%TX FY2022: +2.0%TX FY2023: +7.3%TX FY2024: +0.2%TX FY2025: -11.6%FY19FY20FY21FY22FY23FY24FY25FY26
CRS +8.6%TX -11.6%
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: $362.3MTX FY2018: $1.2BTX FY2019: $595.4MTX FY2020: $1.2BTX FY2021: $2.2BTX FY2022: $2.2BTX FY2023: $1.3BTX FY2024: $85MTX FY2025: -$345.5MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CRS $362.3MTX -$345.5M

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

Questions about Carpenter Technology and Ternium

Which is bigger by revenue, Carpenter Technology or Ternium?

Ternium is bigger by revenue: $15.6B in fiscal 2025, against $3.1B for Carpenter Technology in fiscal 2026.

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

Carpenter Technology had a net margin of 17.0% in fiscal 2026; Ternium had 2.7% in fiscal 2025.

Which grew revenue faster, Carpenter Technology or Ternium?

In their latest fiscal years revenue changed by +8.6% at Carpenter Technology and -11.6% at Ternium.

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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