APLD vs. STRL
APLD (Applied Digital Corporation) and STRL (Sterling Construction Company, Inc.) are both stocks. APLD operates in Information Technology Services (Technology), while STRL operates in Engineering & Construction (Industrials). Over the past 10 years, APLD returned 120.60%/yr vs 68.46%/yr for STRL. At a 0.10 correlation, their price movements are largely independent.
Performance
APLD vs. STRL - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 66.99% return, which is significantly lower than STRL's 191.24% return. Over the past 10 years, APLD has outperformed STRL with an annualized return of 120.60%, while STRL has yielded a comparatively lower 68.46% annualized return.
APLD
- 1D
- 3.34%
- 1M
- -0.74%
- YTD
- 66.99%
- 6M
- 27.51%
- 1Y
- 195.42%
- 3Y*
- 72.37%
- 5Y*
- 111.39%
- 10Y*
- 120.60%
STRL
- 1D
- 1.07%
- 1M
- 5.57%
- YTD
- 191.24%
- 6M
- 174.74%
- 1Y
- 332.96%
- 3Y*
- 155.47%
- 5Y*
- 104.86%
- 10Y*
- 68.46%
APLD vs. STRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 66.99% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
STRL Sterling Construction Company, Inc. | 191.24% | 81.79% | 91.57% | 168.08% | 24.71% | 41.32% | 32.17% | 29.29% | -33.11% | 92.43% |
Correlation
The correlation between APLD and STRL is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2008 | 0.10 |
Over the past year, APLD and STRL have become more correlated (0.45) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
APLD:
$11.12B
STRL:
$27.68B
APLD:
-$0.72
STRL:
$11.19
APLD:
27.75
STRL:
9.58
APLD:
7.06
STRL:
23.27
APLD:
$390.57M
STRL:
$2.88B
APLD:
$124.93M
STRL:
$664.66M
APLD:
-$154.66M
STRL:
$429.99M
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Return for Risk
APLD vs. STRL — Risk / Return Rank
APLD
STRL
APLD vs. STRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Sterling Construction Company, Inc. (STRL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| APLD | STRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.56 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 10.82 | -6.91 |
| Martin ratioReturn relative to average drawdown | 9.14 | 30.19 | -21.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APLD | STRL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 4.13 | -2.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 1.85 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 1.29 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.27 | -0.18 |
Drawdowns
APLD vs. STRL - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.70%, which is greater than STRL's maximum drawdown of -92.51%. Use the drawdown chart below to compare losses from any high point for APLD and STRL.
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Drawdown Indicators
| APLD | STRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.70% | -92.51% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -31.02% | -19.29% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -47.67% | -28.99% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -47.67% | -34.94% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | -59.60% | -30.20% |
Current DrawdownCurrent decline from peak | -17.53% | -10.25% | -7.28% |
Average DrawdownAverage peak-to-trough decline | -74.49% | -46.31% | -28.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.15% | 11.09% | +11.06% |
Volatility
APLD vs. STRL - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 32.64% compared to Sterling Construction Company, Inc. (STRL) at 24.22%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than STRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | STRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.64% | 24.22% | +8.42% |
Volatility (6M)Calculated over the trailing 6-month period | 80.09% | 63.81% | +16.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.26% | 81.49% | +25.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.20% | 56.99% | +108.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.59% | 53.42% | +248.17% |
Dividends
APLD vs. STRL - Dividend Comparison
Neither APLD nor STRL has paid dividends to shareholders.
Financials
APLD vs. STRL - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Sterling Construction Company, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APLD vs. STRL - Profitability Comparison
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
STRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a gross profit of 194.30M and revenue of 825.68M. Therefore, the gross margin over that period was 23.5%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
STRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported an operating income of 2.36M and revenue of 825.68M, resulting in an operating margin of 0.3%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
STRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a net income of 95.97M and revenue of 825.68M, resulting in a net margin of 11.6%.
Frequently Asked Questions
APLD and STRL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (32.64%) compared to STRL (24.22%). In terms of maximum drawdown, APLD dropped -99.70% vs STRL's -92.51%.
STRL currently has the higher Sharpe Ratio (4.13 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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