CDRE vs. TXT
CDRE (Cadre Holdings, Inc.) and TXT (Textron Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, CDRE returned 11.79%/yr vs 10.34%/yr for TXT. At a 0.37 correlation, their price movements are largely independent.
Performance
CDRE vs. TXT - Performance Comparison
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Returns By Period
In the year-to-date period, CDRE achieves a -32.12% return, which is significantly lower than TXT's -0.22% return.
CDRE
- 1D
- -2.44%
- 1M
- -9.07%
- YTD
- -32.12%
- 6M
- -35.23%
- 1Y
- -15.23%
- 3Y*
- 11.79%
- 5Y*
- —
- 10Y*
- —
TXT
- 1D
- -2.83%
- 1M
- -5.30%
- YTD
- -0.22%
- 6M
- -4.29%
- 1Y
- 13.04%
- 3Y*
- 10.34%
- 5Y*
- 5.83%
- 10Y*
- 9.43%
CDRE vs. TXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CDRE Cadre Holdings, Inc. | -32.12% | 27.80% | -0.79% | 65.53% | -19.74% | 70.14% |
TXT Textron Inc. | -0.22% | 14.08% | -4.80% | 13.71% | -7.87% | 0.05% |
Correlation
The correlation between CDRE and TXT is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2021 | 0.37 |
Fundamentals
CDRE:
$1.20B
TXT:
$15.32B
CDRE:
$0.87
TXT:
$5.23
CDRE:
31.51
TXT:
16.61
CDRE:
0.26
TXT:
1.41
CDRE:
1.83
TXT:
1.02
CDRE:
3.56
TXT:
1.91
CDRE:
$635.63M
TXT:
$15.19B
CDRE:
$258.01M
TXT:
$2.19B
CDRE:
$82.14M
TXT:
$1.61B
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Return for Risk
CDRE vs. TXT — Risk / Return Rank
CDRE
TXT
CDRE vs. TXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadre Holdings, Inc. (CDRE) and Textron Inc. (TXT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CDRE | TXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.11 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 0.89 | -1.27 |
| Martin ratioReturn relative to average drawdown | -0.82 | 1.82 | -2.64 |
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Drawdowns
CDRE vs. TXT - Drawdown Comparison
The maximum CDRE drawdown since its inception was -40.57%, smaller than the maximum TXT drawdown of -94.72%. Use the drawdown chart below to compare losses from any high point for CDRE and TXT.
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Drawdown Indicators
| CDRE | TXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.57% | -94.72% | +54.15% |
Max Drawdown (1Y)Largest decline over 1 year | -40.57% | -14.69% | -25.88% |
Max Drawdown (3Y)Largest decline over 3 years | -40.57% | -37.33% | -3.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.33% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.96% | — |
Current DrawdownCurrent decline from peak | -39.98% | -13.69% | -26.29% |
Average DrawdownAverage peak-to-trough decline | -14.69% | -26.95% | +12.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.60% | 7.17% | +11.43% |
Volatility
CDRE vs. TXT - Volatility Comparison
Cadre Holdings, Inc. (CDRE) has a higher volatility of 11.63% compared to Textron Inc. (TXT) at 7.51%. This indicates that CDRE's price experiences larger fluctuations and is considered to be riskier than TXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDRE | TXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 7.51% | +4.12% |
Volatility (6M)Calculated over the trailing 6-month period | 37.20% | 20.53% | +16.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.31% | 25.87% | +21.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.87% | 27.49% | +18.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.87% | 33.01% | +12.86% |
Dividends
CDRE vs. TXT - Dividend Comparison
CDRE's dividend yield for the trailing twelve months is around 1.42%, more than TXT's 0.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDRE Cadre Holdings, Inc. | 1.42% | 0.93% | 1.08% | 0.97% | 1.59% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TXT Textron Inc. | 0.09% | 0.09% | 0.10% | 0.10% | 0.47% | 0.10% | 0.17% | 0.18% | 0.17% | 0.14% | 0.16% | 0.19% |
Financials
CDRE vs. TXT - Financials Comparison
This section allows you to compare key financial metrics between Cadre Holdings, Inc. and Textron 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
CDRE vs. TXT - Profitability Comparison
CDRE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadre Holdings, Inc. reported a gross profit of 60.17M and revenue of 155.43M. Therefore, the gross margin over that period was 38.7%.
TXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported a gross profit of 320.00M and revenue of 3.70B. Therefore, the gross margin over that period was 8.7%.
CDRE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadre Holdings, Inc. reported an operating income of 7.49M and revenue of 155.43M, resulting in an operating margin of 4.8%.
TXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported an operating income of 226.00M and revenue of 3.70B, resulting in an operating margin of 6.1%.
CDRE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadre Holdings, Inc. reported a net income of 1.98M and revenue of 155.43M, resulting in a net margin of 1.3%.
TXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported a net income of 220.00M and revenue of 3.70B, resulting in a net margin of 6.0%.
Frequently Asked Questions
CDRE and TXT have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDRE has higher volatility (11.63%) compared to TXT (7.51%). In terms of maximum drawdown, CDRE dropped -40.57% vs TXT's -94.72%.
TXT currently has the higher Sharpe Ratio (0.51 vs -0.32), 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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