CRS vs. TER
CRS (Carpenter Technology Corporation) and TER (Teradyne, Inc.) are both stocks. CRS operates in Metal Fabrication (Industrials), while TER operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, CRS returned 33.24%/yr vs 33.67%/yr for TER. At a 0.33 correlation, their price movements are largely independent.
Performance
CRS vs. TER - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CRS having a 83.97% return and TER slightly higher at 85.93%. Both investments have delivered pretty close results over the past 10 years, with CRS having a 33.24% annualized return and TER not far ahead at 33.67%.
CRS
- 1D
- -2.09%
- 1M
- 2.87%
- 6M
- 76.24%
- YTD
- 83.97%
- 1Y
- 108.71%
- 3Y*
- 118.79%
- 5Y*
- 72.70%
- 10Y*
- 33.24%
TER
- 1D
- -0.87%
- 1M
- -5.72%
- 6M
- 65.65%
- YTD
- 85.93%
- 1Y
- 271.48%
- 3Y*
- 49.24%
- 5Y*
- 23.88%
- 10Y*
- 33.67%
CRS vs. TER - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 83.97% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
TER Teradyne, Inc. | 85.93% | 54.39% | 16.51% | 24.78% | -46.35% | 36.81% | 76.73% | 118.93% | -24.37% | 66.16% |
Correlation
The correlation between CRS and TER is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.33 |
The correlation between CRS and TER shifts across timeframes, from 0.33 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CRS:
$28.75B
TER:
$56.29B
CRS:
$9.52
TER:
$5.40
CRS:
60.79
TER:
66.58
CRS:
9.62
TER:
15.02
CRS:
14.08
TER:
18.03
CRS:
$3.03B
TER:
$3.79B
CRS:
$900.50M
TER:
$2.23B
CRS:
$745.50M
TER:
$1.11B
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Return for Risk
CRS vs. TER — Risk / Return Rank
CRS
TER
CRS vs. TER - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carpenter Technology Corporation (CRS) and Teradyne, Inc. (TER). 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.
| CRS | TER | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.48 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 5.78 | 9.20 | -3.41 |
| Martin ratioReturn relative to average drawdown | 13.56 | 31.45 | -17.89 |
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Drawdowns
CRS vs. TER - Drawdown Comparison
The maximum CRS drawdown since its inception was -84.68%, smaller than the maximum TER drawdown of -97.30%. Use the drawdown chart below to compare losses from any high point for CRS and TER.
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Drawdown Indicators
| CRS | TER | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.68% | -97.30% | +12.62% |
Max Drawdown (1Y)Largest decline over 1 year | -19.08% | -29.09% | +10.01% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -58.18% | +29.44% |
Max Drawdown (5Y)Largest decline over 5 years | -41.86% | -59.12% | +17.26% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | -59.12% | -15.58% |
Current DrawdownCurrent decline from peak | -6.56% | -25.68% | +19.12% |
Average DrawdownAverage peak-to-trough decline | -27.19% | -58.58% | +31.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 8.53% | -0.42% |
Volatility
CRS vs. TER - Volatility Comparison
The current volatility for Carpenter Technology Corporation (CRS) is 11.58%, while Teradyne, Inc. (TER) has a volatility of 33.66%. This indicates that CRS experiences smaller price fluctuations and is considered to be less risky than TER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRS | TER | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.58% | 33.66% | -22.08% |
Volatility (6M)Calculated over the trailing 6-month period | 33.55% | 60.02% | -26.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.74% | 73.04% | -24.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.52% | 51.82% | -5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.74% | 46.16% | +2.58% |
Dividends
CRS vs. TER - Dividend Comparison
CRS's dividend yield for the trailing twelve months is around 0.14%, which matches TER's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
TER Teradyne, Inc. | 0.14% | 0.25% | 0.38% | 0.41% | 0.50% | 0.24% | 0.33% | 0.53% | 1.15% | 0.67% | 0.94% | 1.16% |
Financials
CRS vs. TER - Financials Comparison
This section allows you to compare key financial metrics between Carpenter Technology Corporation and Teradyne, 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
CRS vs. TER - Profitability Comparison
CRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Carpenter Technology Corporation reported a gross profit of 251.80M and revenue of 811.50M. Therefore, the gross margin over that period was 31.0%.
TER - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Teradyne, Inc. reported a gross profit of 780.95M and revenue of 1.28B. Therefore, the gross margin over that period was 60.9%.
CRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Carpenter Technology Corporation reported an operating income of 186.50M and revenue of 811.50M, resulting in an operating margin of 23.0%.
TER - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Teradyne, Inc. reported an operating income of 473.00M and revenue of 1.28B, resulting in an operating margin of 36.9%.
CRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Carpenter Technology Corporation reported a net income of 139.60M and revenue of 811.50M, resulting in a net margin of 17.2%.
TER - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Teradyne, Inc. reported a net income of 398.91M and revenue of 1.28B, resulting in a net margin of 31.1%.
Frequently Asked Questions
CRS and TER have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TER has higher volatility (33.66%) compared to CRS (11.58%). In terms of maximum drawdown, CRS dropped -84.68% vs TER's -97.30%.
TER currently has the higher Sharpe Ratio (3.67 vs 2.26), 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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