Company / R&D Expense
Carpenter Technology R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$26.1M
FY2025
5-year range
$19.7M / $26.1M
FY2021-FY2025
Trend
+2.0%
vs FY2024
Sector context
#129 of 167
Industrials
What the data says
Carpenter Technology's r&d expense of $26M is lower than 77% of companies in the Industrials sector (FY2025). R&D Expense has increased for 4 consecutive years, from $20M in FY2021 to $26M in FY2025.
Based on SEC 10-K filings.
$26M in FY2025 with a 5-year CAGR of -1.4%.
Improved from $24M to $26M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +8.6%
- 5-Year CAGR
- -1.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 23% in IndustrialsTop 77% of 167This company $26.1M Sector average $283.8M
▼
-90.8% below sector average
Key checks
Key Insights
- Carpenter Technology's r&d expense has grown for 4 consecutive years.
- 5-year CAGR of -1.4%, indicating a declining trend.
- In FY2025, r&d expense increased 2.0% year-over-year.
- Ranks #129 out of 167 companies in the Industrials sector.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $26.1M | +2.0% |
| FY2024 | $25.6M | +4.9% |
| FY2023 | $24.4M | +19.6% |
| FY2022 | $20.4M | +3.6% |
| FY2021 | $19.7M | -29.6% |
| FY2020 | $28.0M | +20.2% |
| FY2019 | $23.3M | +20.7% |
| FY2018 | $19.3M | +14.2% |
| FY2017 | $16.9M | +3.7% |
| FY2016 | $16.3M | -12.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026