AT.L vs. CDLR
AT.L (Ashtead Technology Holdings plc) and CDLR (Cadeler A/S) are both stocks. AT.L operates in Oil & Gas Equipment & Services (Energy), while CDLR operates in Engineering & Construction (Industrials). Over the past year, AT.L returned 3.96% vs 14.88% for CDLR. At a 0.14 correlation, their price movements are largely independent.
Performance
AT.L vs. CDLR - Performance Comparison
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Different Trading Currencies
AT.L is traded in GBp, while CDLR is traded in USD. To make them comparable, the CDLR values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AT.L achieves a 41.36% return, which is significantly higher than CDLR's 29.31% return.
AT.L
- 1D
- 2.34%
- 1M
- -9.15%
- YTD
- 41.36%
- 6M
- 24.84%
- 1Y
- 3.96%
- 3Y*
- 5.46%
- 5Y*
- —
- 10Y*
- —
CDLR
- 1D
- -3.12%
- 1M
- -16.23%
- YTD
- 29.31%
- 6M
- 26.51%
- 1Y
- 14.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AT.L vs. CDLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AT.L Ashtead Technology Holdings plc | 41.36% | -44.41% | -8.83% | 0.66% |
CDLR Cadeler A/S | 29.31% | -22.68% | 23.48% | 5.57% |
Correlation
The correlation between AT.L and CDLR is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023 | 0.14 |
Fundamentals
AT.L:
£0.75
CDLR:
$4.03
AT.L:
5.83
CDLR:
5.91
AT.L:
0.05
CDLR:
0.03
AT.L:
0.96
CDLR:
2.36
AT.L:
£371.24M
CDLR:
$678.04M
AT.L:
£174.19M
CDLR:
$388.61M
AT.L:
£148.23M
CDLR:
$452.80M
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Return for Risk
AT.L vs. CDLR — Risk / Return Rank
AT.L
CDLR
AT.L vs. CDLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashtead Technology Holdings plc (AT.L) and Cadeler A/S (CDLR). 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.
| AT.L | CDLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.10 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.55 | -0.57 |
| Martin ratioReturn relative to average drawdown | -0.03 | 1.42 | -1.45 |
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
| AT.L | CDLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.39 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.31 | +0.25 |
Drawdowns
AT.L vs. CDLR - Drawdown Comparison
The maximum AT.L drawdown since its inception was -65.60%, which is greater than CDLR's maximum drawdown of -43.85%. Use the drawdown chart below to compare losses from any high point for AT.L and CDLR.
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Drawdown Indicators
| AT.L | CDLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.60% | -43.85% | -21.75% |
Max Drawdown (1Y)Largest decline over 1 year | -35.05% | -27.07% | -7.98% |
Max Drawdown (3Y)Largest decline over 3 years | -65.60% | — | — |
Current DrawdownCurrent decline from peak | -50.08% | -18.64% | -31.44% |
Average DrawdownAverage peak-to-trough decline | -23.01% | -16.80% | -6.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.67% | 10.49% | +10.18% |
Volatility
AT.L vs. CDLR - Volatility Comparison
Ashtead Technology Holdings plc (AT.L) has a higher volatility of 13.79% compared to Cadeler A/S (CDLR) at 11.93%. This indicates that AT.L's price experiences larger fluctuations and is considered to be riskier than CDLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AT.L | CDLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.79% | 11.93% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 31.29% | 28.72% | +2.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.07% | 38.21% | +10.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.95% | 36.75% | +7.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.95% | 36.75% | +7.20% |
Dividends
AT.L vs. CDLR - Dividend Comparison
AT.L's dividend yield for the trailing twelve months is around 0.30%, while CDLR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AT.L Ashtead Technology Holdings plc | 0.30% | 0.39% | 0.20% | 0.16% |
CDLR Cadeler A/S | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AT.L vs. CDLR - Financials Comparison
This section allows you to compare key financial metrics between Ashtead Technology Holdings plc and Cadeler A/S. 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
AT.L vs. CDLR - Profitability Comparison
AT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ashtead Technology Holdings plc reported a gross profit of 36.24M and revenue of 104.06M. Therefore, the gross margin over that period was 34.8%.
CDLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadeler A/S reported a gross profit of 26.76M and revenue of 124.73M. Therefore, the gross margin over that period was 21.5%.
AT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ashtead Technology Holdings plc reported an operating income of 29.83M and revenue of 104.06M, resulting in an operating margin of 28.7%.
CDLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadeler A/S reported an operating income of 7.79M and revenue of 124.73M, resulting in an operating margin of 6.2%.
AT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ashtead Technology Holdings plc reported a net income of 18.35M and revenue of 104.06M, resulting in a net margin of 17.6%.
CDLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadeler A/S reported a net income of -7.05M and revenue of 124.73M, resulting in a net margin of -5.7%.
Frequently Asked Questions
AT.L and CDLR have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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