Is CARPENTER TECHNOLOGY CORP (CRS) Halal?

NYSE Industrials United States $18.8B
✓ HALAL
Confidence: 95/100
CARPENTER TECHNOLOGY CORP (CRS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.6% against the AAOIFI threshold of 30%, CARPENTER TECHNOLOGY CORP comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Metal Fabrication), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.6%
/ 30%
1.6%
/ 30%
3.0%
/ 30%
0.26%
/ 5%
✓ HALAL
DJIM 3.6%
/ 33%
1.6%
/ 33%
3.0%
/ 33%
0.26%
/ 5%
✓ HALAL
MSCI 20.2%
/ 33%
9.0%
/ 33%
16.5%
/ 33%
0.26%
/ 5%
✓ HALAL
S&P 3.6%
/ 33%
1.6%
/ 33%
3.0%
/ 33%
0.26%
/ 5%
✓ HALAL
FTSE 20.2%
/ 33%
9.0%
/ 33%
16.5%
/ 50%
0.26%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
43.9
Forward: 31.3
EPS
$8.59
Dividend Yield
21.0%
Payout: 9.3%
P/B Ratio
9.5
EV/EBITDA
27.0
EV: $19.2B
Revenue
$2.9B
Growth: 7.5%
Beta
1.2
High volatility
Current Ratio
4.3

Profitability

Gross Margin 28.9%
Operating Margin 21.1%
Net Margin 14.8%
Return on Equity (ROE) 23.5%
Return on Assets (ROA) 10.7%

Cash Flow & Balance Sheet

Operating Cash Flow$440M
Free Cash Flow$286M
Total Debt$703M
Debt-to-Equity35.2
Current Ratio4.3
Total Assets$3.5B

Price & Trading

Last Close$391.62
50-Day MA$369.65
200-Day MA$302.18
Avg Volume795K
Beta1.2
52-Week Range
$138.61
$412.31

About CARPENTER TECHNOLOGY CORP (CRS)

CEO
Mr. Tony R. Thene CPA
Employees
4,500
Sector
Industrials
Industry
Metal Fabrication
Country
United States
Exchange
NYSE
Market Cap
$18.8B
Currency
USD

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. It serves the aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Purification Calculator

As a halal stock with 0.26% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is CARPENTER TECHNOLOGY CORP (CRS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CARPENTER TECHNOLOGY CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CARPENTER TECHNOLOGY CORP's debt ratio?

CARPENTER TECHNOLOGY CORP's debt ratio is 3.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 20.2%.

Does CARPENTER TECHNOLOGY CORP require dividend purification?

Yes, CARPENTER TECHNOLOGY CORP has an impermissible income ratio of 0.26%, which means 0.26% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are CARPENTER TECHNOLOGY CORP's key financial metrics?

CARPENTER TECHNOLOGY CORP has a market capitalization of $18.8B, trailing P/E ratio of 43.9, and revenue of $2.9B. The company maintains a gross margin of 28.9% and a net margin of 14.8%. Return on equity stands at 23.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.