CPK vs. CARR
CPK (Chesapeake Utilities Corporation) and CARR (Carrier Global Corporation) are both stocks. CPK operates in Utilities - Regulated Gas (Utilities), while CARR operates in Building Products & Equipment (Industrials). Over the past 5 years, CPK returned 2.45%/yr vs 10.28%/yr for CARR. At a 0.24 correlation, their price movements are largely independent.
Performance
CPK vs. CARR - Performance Comparison
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Returns By Period
In the year-to-date period, CPK achieves a -0.45% return, which is significantly lower than CARR's 33.35% return.
CPK
- 1D
- 1.01%
- 1M
- -0.98%
- YTD
- -0.45%
- 6M
- -1.95%
- 1Y
- 5.77%
- 3Y*
- 0.97%
- 5Y*
- 2.45%
- 10Y*
- 9.34%
CARR
- 1D
- 0.24%
- 1M
- 8.10%
- YTD
- 33.35%
- 6M
- 33.09%
- 1Y
- -0.12%
- 3Y*
- 16.03%
- 5Y*
- 10.28%
- 10Y*
- —
CPK vs. CARR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CPK Chesapeake Utilities Corporation | -0.45% | 5.07% | 17.44% | -8.83% | -17.61% | 36.78% | 31.33% |
CARR Carrier Global Corporation | 33.35% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 176.86% |
Correlation
The correlation between CPK and CARR is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2020 | 0.24 |
The correlation between CPK and CARR shifts across timeframes, from 0.08 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CPK:
$2.97B
CARR:
$58.92B
CPK:
$3.21
CARR:
$1.55
CPK:
38.50
CARR:
45.24
CPK:
6.11
CARR:
0.67
CPK:
4.93
CARR:
2.73
CPK:
1.80K
CARR:
4.27
CPK:
$586.05M
CARR:
$21.87B
CPK:
$313.50M
CARR:
$5.43B
CPK:
$224.92M
CARR:
$3.15B
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Return for Risk
CPK vs. CARR — Risk / Return Rank
CPK
CARR
CPK vs. CARR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chesapeake Utilities Corporation (CPK) and Carrier Global Corporation (CARR). 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.
| CPK | CARR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.02 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.05 | +0.39 |
| Martin ratioReturn relative to average drawdown | 0.70 | -0.08 | +0.77 |
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Drawdowns
CPK vs. CARR - Drawdown Comparison
The maximum CPK drawdown since its inception was -44.54%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for CPK and CARR.
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Drawdown Indicators
| CPK | CARR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.54% | -40.82% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.54% | -37.38% | +24.84% |
Max Drawdown (3Y)Largest decline over 3 years | -31.17% | -37.91% | +6.74% |
Max Drawdown (5Y)Largest decline over 5 years | -38.67% | -40.82% | +2.15% |
Max Drawdown (10Y)Largest decline over 10 years | -38.67% | — | — |
Current DrawdownCurrent decline from peak | -10.20% | -13.13% | +2.93% |
Average DrawdownAverage peak-to-trough decline | -8.82% | -14.21% | +5.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.14% | 24.10% | -17.96% |
Volatility
CPK vs. CARR - Volatility Comparison
The current volatility for Chesapeake Utilities Corporation (CPK) is 6.17%, while Carrier Global Corporation (CARR) has a volatility of 12.13%. This indicates that CPK experiences smaller price fluctuations and is considered to be less risky than CARR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPK | CARR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 12.13% | -5.96% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 27.68% | -13.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.84% | 35.29% | -16.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.79% | 31.90% | -9.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.65% | 34.83% | -8.18% |
Dividends
CPK vs. CARR - Dividend Comparison
CPK's dividend yield for the trailing twelve months is around 2.22%, more than CARR's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 1.65% | 1.70% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CPK Chesapeake Utilities Corporation | 2.22% | 2.16% | 2.07% | 2.18% | 1.76% | 1.29% | 1.59% | 1.65% | 1.77% | 1.63% | 1.80% | 2.00% |
Financials
CPK vs. CARR - Financials Comparison
This section allows you to compare key financial metrics between Chesapeake Utilities Corporation and Carrier Global Corporation. 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
CPK vs. CARR - Profitability Comparison
CPK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chesapeake Utilities Corporation reported a gross profit of 0.00 and revenue of 353.10K. Therefore, the gross margin over that period was 0.0%.
CARR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a gross profit of 1.24B and revenue of 5.34B. Therefore, the gross margin over that period was 23.3%.
CPK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chesapeake Utilities Corporation reported an operating income of 99.40K and revenue of 353.10K, resulting in an operating margin of 28.2%.
CARR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported an operating income of 259.00M and revenue of 5.34B, resulting in an operating margin of 4.9%.
CPK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chesapeake Utilities Corporation reported a net income of 59.30K and revenue of 353.10K, resulting in a net margin of 16.8%.
CARR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a net income of 238.00M and revenue of 5.34B, resulting in a net margin of 4.5%.
Frequently Asked Questions
CPK and CARR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CARR has higher volatility (12.13%) compared to CPK (6.17%). In terms of maximum drawdown, CPK dropped -44.54% vs CARR's -40.82%.
CPK currently has the higher Sharpe Ratio (0.23 vs -0.05), 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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