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Carpenter Technology

MaterialsPhiladelphia, USA· One of 1019 Materials companies tracked by AMPulse

Carpenter Technology Corporation produces specialty alloys including titanium, stainless steels, alloy steels, tool steels, and metal powders for additive manufacturing, served through its Carpenter Additive business unit.

CEO / Founder
Brian Malloy (Chief Executive Officer, effective July 1, 2026); Tony R. Thene (Executive Chairman)
Team Size
1001-5000
Stage
Public
Total Funding
Publicly Traded
Latest Round
IPO
Key Investors
BlackRock, The Vanguard Group, Dimensional Fund Advisors, Magnetar Financial LLC

Technology & Products

Key Products

Carpenter Technology manufactures specialty alloys including titanium, stainless steels, alloy steels, tool steels, and metal powders for additive manufacturing. They offer high-performance specialty alloys and comprehensive additive manufacturing material solutions from powder production through to finished parts.

Technological Advantage

End-to-end additive manufacturing ecosystem including powder production, part manufacturing, and powder lifecycle management, enabling highly customized and reliable solutions.

Patent position

Carpenter Technology filed 75 patent families across all years, compared with 2 for ATI. AMPulse analysis

Filing momentum
5 families filed 2022–2024, 45 in 2019–2021
Focus, 2019–2021 → 2022–2024
Materials 98% → 100%
Filed in
WO 31%EP 28%US 25%JP 21%CN 3%
Named competitors, AM patent families
ATI 2

75 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.

Differentiation

Value Proposition

High-performance specialty alloys and comprehensive additive manufacturing material solutions from powder production through to finished parts, enabling mission-critical applications.

How They Differentiate

Deep legacy in specialty alloys with an integrated metal additive manufacturing offering from powder to finished parts, contrasting competitors who focus on segments of the AM process.

Market & Competition

Target Customers

Aerospace, defense, transportation, energy, industrial, medical, and consumer electronics companies.

Industry Verticals

Aerospace, Defense, Transportation, Energy, Industrial, Medical, Consumer Electronics

Competitors

Allegheny Technologies Incorporated (ATI), Haynes International, Aperam S.A.

Growth & Milestones

Growth Metrics

Reported $2.88 billion (net sales $2,877.1 million) revenue in fiscal year 2025 (ended June 30, 2025), up 4.25% year-over-year; Q3 FY2026 net sales were $811.5 million, up 12% YoY, with record operating income.

Major Milestones

1889: Founded as Carpenter Steel Company, 1992: Patented super-strong Aermet alloy, 2018: Acquired LPW Technology, 2019: Launched Carpenter Additive business unit, 2019: Opened Emerging Technology Center in Alabama

Notable Customers

Alcoa Inc., Precision Castparts Corporation

https://www.carpentertechnology.com

Official records

Filings, certifications, and programme counts AMPulse can show for this company.

  • [F] 2025 annual · USD 2,877,100,000
  • [F] 2024 annual · USD 2,759,700,000
  • [F] 2023 annual · USD 2,550,300,000
  • [F] 2022 annual · USD 1,836,300,000
  • [F] 2021 annual · USD 1,475,600,000
  • [F] 2020 annual · USD 2,181,100,000
  • [F] 2019 annual · USD 2,380,200,000
  • [F] 2018 annual · USD 2,157,700,000
  • [F] 2017 annual · USD 1,797,600,000
  • [F] 2016 annual · USD 1,813,400,000
  • [F] 2015 annual · USD 2,226,700,000
  • [F] 2014 annual · USD 2,173,000,000
  • [F] 2013 annual · USD 2,271,700,000
  • [F] 2012 annual · USD 2,028,700,000
  • [F] 2011 annual · USD 1,675,100,000
  • [F] 2010 annual · USD 1,198,600,000
  • [F] 2009 annual · USD 1,362,300,000
  • [C] ISO_9001 · claimed

AM patents

AM-relevant patents linked to this company.

Patents
86
Granted
24
Families
75

Leading domains: process (86), material (85), equipment (63)

Filings by year: 2024: 3 · 2022: 2 · 2021: 10 · 2020: 9 · 2019: 31 · 2018: 7

  1. Method and apparatus for determining metal powder condition11969789 · US
  2. Soft magnetic composite materials and methods and powders for producing the same12278031 · US
  3. METHOD FOR PRODUCING ADDITIVE MANUFACTURING STAGED COMPOSITE TRANSITION JOINT116367939 · CN
  4. METHOD OF MANUTACTURE AND PREDICTING POWDER DEGREDATION IN AN ADDITIVE MANUFACTURING PROCESS03714339 · EP
  5. Docking device for additive manufacturing processes2022551271 · JP

Funding rounds

  • Post IPO
  • Grant
  • Grant