---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-017576"
form_type: "8-K"
ticker: "CRS"
cik: "0000017843"
company_name: "CARPENTER TECHNOLOGY CORP"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:18:36.808227+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carpenter Tech returns to profit with Q2 EPS $0.13; sales up 46% YoY

## Summary
- Net income $6.2M ($0.13 EPS) vs loss of $29.4M ($0.61 loss) in prior year quarter.
- Net sales $579.1M (+46% YoY); excluding surcharge revenue $420.8M (+34% YoY).
- Backlog up 9% sequentially and 107% YoY, driven by aerospace demand.
- SAO segment operating income $30.3M; PEP segment operating income $9.3M.
- Free cash flow negative $113.7M, similar to prior year quarter.

## SEC filing metadata
- accession: 0001193125-23-017576
- form_type: 8-K
- ticker: CRS
- cik: 0000017843
- company_name: CARPENTER TECHNOLOGY CORP
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17843/000119312523017576/0001193125-23-017576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17843/000119312523017576/d405718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-017576
- JSON: https://secwatch.observer/filing/0001193125-23-017576.json
- Plain text: https://secwatch.observer/filing/0001193125-23-017576.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.