CRS
Carpenter Technology Corporation Industrials - Metal Fabrication Investor Relations →
Carpenter Technology Corporation (CRS) closed at $365.11 as of 2026-02-02, trading 194.2% above its 200-week moving average of $124.08. The stock moved further from the line this week, up from 159.4% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Over the past 2715 weeks of data, CRS has crossed below its 200-week moving average 35 times. On average, these episodes lasted 25 weeks. Historically, investors who bought CRS at the start of these episodes saw an average one-year return of +14.8%.
With a market cap of $18.2 billion, CRS is a large-cap stock. The company generates a free cash flow yield of 1.4%. Return on equity stands at 23.5%, indicating strong profitability. The stock trades at 9.2x book value.
Share count has increased 2.9% over three years, indicating dilution. CRS passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in CRS would have grown to $6402, compared to $2849 for the S&P 500. That represents an annualized return of 13.4% vs 10.6% for the index — confirming CRS as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: CRS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CRS Crosses Below the Line?
Across 19 historical episodes, buying CRS when it crossed below its 200-week moving average produced an average return of +14.7% after 12 months (median +3.0%), compared to +7.4% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +82.9% vs +26.4% for the index.
Each line shows $100 invested at the moment CRS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CRS has crossed below its 200-week MA 35 times with an average 1-year return of +14.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1974 | Jul 1974 | 12 | 9.3% | -0.5% | +35581.9% |
| Jul 1974 | Apr 1975 | 38 | 32.8% | N/A | +35957.4% |
| May 1975 | Jul 1975 | 9 | 9.2% | +40.9% | +37750.4% |
| Jul 1975 | Jul 1975 | 1 | 1.0% | +39.6% | +37542.4% |
| Sep 1975 | Jan 1976 | 15 | 10.7% | +48.9% | +37542.4% |
| Feb 1982 | Feb 1982 | 2 | 3.2% | +10.9% | +12311.1% |
| Mar 1982 | Apr 1982 | 5 | 5.4% | +16.7% | +12311.1% |
| May 1982 | Nov 1982 | 24 | 21.2% | +24.5% | +12221.8% |
| Dec 1982 | Dec 1982 | 2 | 3.4% | +44.2% | +12004.1% |
| Jul 1984 | Aug 1984 | 5 | 10.8% | +4.3% | +11242.6% |
| Oct 1984 | Jan 1985 | 15 | 12.4% | -7.9% | +10343.5% |
| Mar 1985 | Jul 1985 | 18 | 13.5% | -9.1% | +11057.8% |
| Jul 1985 | Feb 1987 | 79 | 27.6% | -27.5% | +10472.4% |
| Mar 1987 | Mar 1987 | 1 | 1.2% | +20.2% | +10745.0% |
| Oct 1987 | Dec 1987 | 6 | 6.0% | +30.9% | +11382.0% |
| Oct 1990 | Dec 1990 | 9 | 11.9% | +23.0% | +8555.0% |
| Dec 1991 | Dec 1991 | 1 | 0.5% | +19.6% | +7731.3% |
| Jul 1992 | Aug 1992 | 5 | 2.4% | +30.5% | +7628.3% |
| Oct 1992 | Oct 1992 | 1 | 1.1% | +24.8% | +7456.4% |
| Aug 1998 | Nov 2000 | 117 | 41.0% | -31.5% | +3522.7% |
| Jan 2001 | Mar 2002 | 63 | 28.8% | -14.3% | +3572.3% |
| Jul 2002 | Sep 2003 | 59 | 56.3% | -32.2% | +4475.5% |
| Sep 2003 | Sep 2003 | 1 | 1.4% | +117.8% | +4891.1% |
| Jun 2008 | Nov 2010 | 128 | 72.0% | -52.2% | +1007.3% |
| Sep 2014 | Nov 2014 | 6 | 16.4% | -35.0% | +854.8% |
| Nov 2014 | Sep 2017 | 146 | 46.8% | -28.2% | +781.0% |
| Dec 2018 | Jan 2019 | 5 | 13.5% | +36.6% | +938.5% |
| May 2019 | Jun 2019 | 1 | 0.4% | -41.1% | +912.3% |
| Jan 2020 | Feb 2021 | 57 | 65.8% | -16.0% | +846.9% |
| Apr 2021 | May 2021 | 1 | 5.1% | +3.3% | +931.8% |
| Jun 2021 | Feb 2022 | 32 | 26.3% | -28.1% | +895.3% |
| Feb 2022 | Mar 2022 | 2 | 6.0% | +45.0% | +941.3% |
| May 2022 | Aug 2022 | 14 | 26.5% | +47.5% | +996.4% |
| Aug 2022 | Sep 2022 | 1 | 5.9% | +100.5% | +1056.4% |
| Sep 2022 | Oct 2022 | 4 | 9.9% | +110.6% | +1032.1% |
| Average | 25 | — | +14.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02