CARPENTER TECHNOLOGY CORP R&D Expense 2009-2025 | CRS
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is CARPENTER TECHNOLOGY CORP's current r&d expense?
CARPENTER TECHNOLOGY CORP (CRS) annual r&d expense for 2025 was $26.1M, a 1.95% increase from 2024.
What was CARPENTER TECHNOLOGY CORP's r&d expense in 2024?
CARPENTER TECHNOLOGY CORP annual r&d expense for 2024 was $25.6M, a 4.92% increase from 2023.
What was CARPENTER TECHNOLOGY CORP's r&d expense in 2023?
CARPENTER TECHNOLOGY CORP annual r&d expense for 2023 was $24.4M, a 19.61% increase from 2022.
What is CARPENTER TECHNOLOGY CORP's 5-year r&d expense CAGR?
CARPENTER TECHNOLOGY CORP r&d expense grew at a compound annual growth rate (CAGR) of 1.40% from FY2020 to FY2025, going from $28.0M to $26.1M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR-1.4%
FY2020
$28.0M
→
FY2025
$26.1M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $26.1M | +2.0% | 10-K |
| FY2024 | $25.6M | +4.9% | 10-K |
| FY2023 | $24.4M | +19.6% | 10-K |
| FY2022 | $20.4M | +3.6% | 10-K |
| FY2021 | $19.7M | -29.6% | 10-K |
| FY2020 | $28.0M | +20.2% | 10-K |
| FY2019 | $23.3M | +20.7% | 10-K |
| FY2018 | $19.3M | +14.2% | 10-K |
| FY2017 | $16.9M | +3.7% | 10-K |
| FY2016 | $16.3M | -12.8% | 10-K |
| FY2015 | $18.7M | +1.1% | 10-K |
| FY2014 | $18.5M | -4.6% | 10-K |
| FY2013 | $19.4M | -5.4% | 10-K |
| FY2012 | $20.5M | +8.5% | 10-K |
| FY2011 | $18.9M | +6.2% | 10-K |
| FY2010 | $17.8M | +15.6% | 10-K |
| FY2009 | $15.4M | - | 10-K |
Company: CARPENTER TECHNOLOGY CORPTicker: CRSSector: OtherIndustry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)View company profile →