The Compensation For Carpenter Technology Corporation's (NYSE:CRS) CEO Looks Deserved And Here's Why

Key Insights

• Carpenter Technology to hold its Annual General Meeting on 7th of October
• Salary of US$1.02m is part of CEO Tony Thene's total remuneration
• Total compensation is similar to the industry average
• Over the past three years, Carpenter Technology's EPS grew by 94% and over the past three years, the total shareholder return was 607%

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The performance at Carpenter Technology Corporation (NYSE:CRS) has been quite strong recently and CEO Tony Thene has played a role in it. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 7th of October. The focus will probably be on the future company strategy as shareholders cast their votes on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.

View our latest analysis for Carpenter Technology

Comparing Carpenter Technology Corporation's CEO Compensation With The Industry

Our data indicates that Carpenter Technology Corporation has a market capitalization of US$12b, and total annual CEO compensation was reported as US$8.4m for the year to June 2025. Notably, that's an increase of 15% over the year before. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$1.0m.

In comparison with other companies in the American Metals and Mining industry with market capitalizations over US$8.0b, the reported median total CEO compensation was US$10m. So it looks like Carpenter Technology compensates Tony Thene in line with the median for the industry. What's more, Tony Thene holds US$123m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Speaking on an industry level, nearly 36% of total compensation represents salary, while the remainder of 64% is other remuneration. In Carpenter Technology's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

A Look at Carpenter Technology Corporation's Growth Numbers

Carpenter Technology Corporation's earnings per share (EPS) grew 94% per year over the last three years. Its revenue is up 4.3% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.

Has Carpenter Technology Corporation Been A Good Investment?

Most shareholders would probably be pleased with Carpenter Technology Corporation for providing a total return of 607% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

To Conclude...

Seeing that the company has put in a relatively good performance, the CEO remuneration policy may not be the focus at the AGM. In fact, strategic decisions that could impact the future of the business might be a far more interesting topic for investors as it would help them set their longer-term expectations.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 1 warning sign for Carpenter Technology that investors should look into moving forward.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.