CDLR vs. AT.L

Last updated Apr 1, 2026

Compare and contrast key facts about Cadeler A/S (CDLR) and Ashtead Technology Holdings plc (AT.L).

Performance

CDLR vs. AT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cadeler A/S (CDLR) and Ashtead Technology Holdings plc (AT.L). The values are adjusted to include any dividend payments, if applicable.

CDLR vs. AT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CDLR Cadeler A/S	26.57%	-16.75%	21.36%	6.36%
AT.L Ashtead Technology Holdings plc	32.45%	-40.21%	-10.35%	1.34%

Different Trading Currencies

CDLR is traded in USD, while AT.L is traded in GBp. To make them comparable, the AT.L values have been converted to USD using the latest available exchange rates.

Fundamentals

Market Cap CDLR : $2.06B AT.L : £340.25M
EPS CDLR : $3.12 AT.L : £0.75
PE Ratio CDLR : 7.54 AT.L : 5.57
PEG Ratio CDLR : 0.04 AT.L : 0.05
PS Ratio CDLR : 3.41 AT.L : 0.91
PB Ratio CDLR : 1.37 AT.L : 2.17
Total Revenue (TTM) CDLR : $618.78M AT.L : £371.24M
Gross Profit (TTM) CDLR : $382.76M AT.L : £174.19M
EBITDA (TTM) CDLR : $419.73M AT.L : £148.23M

Returns By Period

In the year-to-date period, CDLR achieves a 26.57% return, which is significantly lower than AT.L's 32.45% return.

CDLR

• 1D: 7.25%
• 1M: -7.80%
• YTD: 26.57%
• 6M: 13.95%
• 1Y: 19.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AT.L

• 1D: 3.19%
• 1M: -6.86%
• YTD: 32.45%
• 6M: 18.08%
• 1Y: -18.95%
• 3Y*: 14.05%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CDLR vs. AT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDLR

CDLR Risk / Return Rank: 54
CDLR Sharpe Ratio Rank: 58
CDLR Sortino Ratio Rank: 53
CDLR Omega Ratio Rank: 52
CDLR Calmar Ratio Rank: 53
CDLR Martin Ratio Rank: 55

AT.L

AT.L Risk / Return Rank: 25
AT.L Sharpe Ratio Rank: 22
AT.L Sortino Ratio Rank: 23
AT.L Omega Ratio Rank: 23
AT.L Calmar Ratio Rank: 26
AT.L Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDLR vs. AT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadeler A/S (CDLR) and Ashtead Technology Holdings plc (AT.L). 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.

	CDLR	AT.L	Difference
Sharpe ratio Return per unit of total volatility	0.47	-0.38	+0.84
Sortino ratio Return per unit of downside risk	0.92	-0.22	+1.14
Omega ratio Gain probability vs. loss probability	1.12	0.97	+0.15
Calmar ratio Return relative to maximum drawdown	0.51	-0.43	+0.95
Martin ratio Return relative to average drawdown	1.31	-0.69	+2.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDLR vs. AT.L - Sharpe Ratio Comparison

The current CDLR Sharpe Ratio is 0.47, which is higher than the AT.L Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of CDLR and AT.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CDLR	AT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	-0.38	+0.84
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.54	-0.15

Correlation

The correlation between CDLR and AT.L is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CDLR vs. AT.L - Dividend Comparison

CDLR has not paid dividends to shareholders, while AT.L's dividend yield for the trailing twelve months is around 0.29%.

	TTM	2025	2024	2023
CDLR Cadeler A/S	0.00%	0.00%	0.00%	0.00%
AT.L Ashtead Technology Holdings plc	0.29%	0.39%	0.20%	0.16%

Drawdowns

CDLR vs. AT.L - Drawdown Comparison

The maximum CDLR drawdown since its inception was -43.81%, smaller than the maximum AT.L drawdown of -64.68%. Use the drawdown chart below to compare losses from any high point for CDLR and AT.L.

Drawdown Indicators

	CDLR	AT.L	Difference
Max Drawdown Largest peak-to-trough decline	-43.81%	-65.60%	+21.79%
Max Drawdown (1Y) Largest decline over 1 year	-29.34%	-42.12%	+12.78%
Current Drawdown Current decline from peak	-16.94%	-52.44%	+35.50%
Average Drawdown Average peak-to-trough decline	-17.09%	-22.10%	+5.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	27.79%	-16.31%

Volatility

CDLR vs. AT.L - Volatility Comparison

Cadeler A/S (CDLR) has a higher volatility of 14.87% compared to Ashtead Technology Holdings plc (AT.L) at 13.63%. This indicates that CDLR's price experiences larger fluctuations and is considered to be riskier than AT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDLR	AT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.87%	13.63%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	30.13%	32.84%	-2.71%
Volatility (1Y) Calculated over the trailing 1-year period	42.68%	50.04%	-7.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.71%	45.08%	-7.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.71%	45.08%	-7.37%

Financials

CDLR vs. AT.L - Profitability Comparison

The chart below illustrates the profitability comparison between Cadeler A/S and Ashtead Technology Holdings plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CDLR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cadeler A/S reported a gross profit of 88.80M and revenue of 166.00M. Therefore, the gross margin over that period was 53.5%.

AT.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 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 - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cadeler A/S reported an operating income of 65.22M and revenue of 166.00M, resulting in an operating margin of 39.3%.

AT.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 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 - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cadeler A/S reported a net income of 47.39M and revenue of 166.00M, resulting in a net margin of 28.6%.

AT.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 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%.