FSS vs. CRS
FSS (Federal Signal Corporation) and CRS (Carpenter Technology Corporation) are both stocks. Both are in the Industrials sector — FSS in Pollution & Treatment Controls, CRS in Metal Fabrication. Over the past 10 years, FSS returned 24.85%/yr vs 35.01%/yr for CRS. At a 0.38 correlation, their price movements are largely independent.
Performance
FSS vs. CRS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSS achieves a 0.75% return, which is significantly lower than CRS's 78.53% return. Over the past 10 years, FSS has underperformed CRS with an annualized return of 24.85%, while CRS has yielded a comparatively higher 35.01% annualized return.
FSS
- 1D
- -1.09%
- 1M
- -5.06%
- YTD
- 0.75%
- 6M
- -1.28%
- 1Y
- 10.06%
- 3Y*
- 21.42%
- 5Y*
- 21.74%
- 10Y*
- 24.85%
CRS
- 1D
- -0.17%
- 1M
- 30.71%
- YTD
- 78.53%
- 6M
- 74.76%
- 1Y
- 126.36%
- 3Y*
- 121.69%
- 5Y*
- 68.28%
- 10Y*
- 35.01%
FSS vs. CRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSS Federal Signal Corporation | 0.75% | 18.21% | 21.05% | 66.26% | 8.22% | 31.80% | 3.99% | 63.92% | 0.39% | 30.79% |
CRS Carpenter Technology Corporation | 78.53% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
Correlation
The correlation between FSS and CRS is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.38 |
The correlation between FSS and CRS shifts across timeframes, from 0.38 (all time) to 0.54 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FSS:
$6.71B
CRS:
$28.24B
FSS:
$4.41
CRS:
$9.51
FSS:
24.76
CRS:
59.07
FSS:
0.97
CRS:
0.05
FSS:
2.86
CRS:
9.34
FSS:
4.68
CRS:
13.66
FSS:
$2.34B
CRS:
$3.03B
FSS:
$670.20M
CRS:
$900.50M
FSS:
$435.10M
CRS:
$745.50M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSS vs. CRS — Risk / Return Rank
FSS
CRS
FSS vs. CRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal Signal Corporation (FSS) and Carpenter Technology Corporation (CRS). 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.
| FSS | CRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.65 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.44 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 6.68 | -6.12 |
| Martin ratioReturn relative to average drawdown | 0.97 | 15.72 | -14.74 |
Loading charts...
Drawdowns
FSS vs. CRS - Drawdown Comparison
The maximum FSS drawdown since its inception was -83.43%, roughly equal to the maximum CRS drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for FSS and CRS.
Loading charts...
Drawdown Indicators
| FSS | CRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.43% | -84.68% | +1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -19.04% | -19.08% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -31.54% | -28.74% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -32.96% | -41.86% | +8.90% |
Max Drawdown (10Y)Largest decline over 10 years | -32.96% | -74.70% | +41.74% |
Current DrawdownCurrent decline from peak | -15.58% | -0.17% | -15.41% |
Average DrawdownAverage peak-to-trough decline | -22.56% | -27.23% | +4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.84% | 8.09% | +2.75% |
Volatility
FSS vs. CRS - Volatility Comparison
The current volatility for Federal Signal Corporation (FSS) is 10.07%, while Carpenter Technology Corporation (CRS) has a volatility of 12.83%. This indicates that FSS experiences smaller price fluctuations and is considered to be less risky than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSS | CRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 12.83% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 23.45% | 33.92% | -10.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.39% | 48.29% | -12.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.76% | 46.70% | -15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.64% | 48.88% | -17.24% |
Dividends
FSS vs. CRS - Dividend Comparison
FSS's dividend yield for the trailing twelve months is around 0.53%, more than CRS'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% |
FSS Federal Signal Corporation | 0.53% | 0.52% | 0.52% | 0.51% | 0.77% | 0.83% | 0.96% | 0.99% | 1.56% | 1.39% | 1.79% | 1.58% |
Financials
FSS vs. CRS - Financials Comparison
This section allows you to compare key financial metrics between Federal Signal Corporation and Carpenter Technology 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
FSS vs. CRS - Profitability Comparison
FSS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Federal Signal Corporation reported a gross profit of 179.40M and revenue of 625.60M. Therefore, the gross margin over that period was 28.7%.
CRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
FSS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Federal Signal Corporation reported an operating income of 99.70M and revenue of 625.60M, resulting in an operating margin of 15.9%.
CRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported an operating income of 186.50M and revenue of 811.50M, resulting in an operating margin of 23.0%.
FSS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Federal Signal Corporation reported a net income of 70.40M and revenue of 625.60M, resulting in a net margin of 11.3%.
CRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carpenter Technology Corporation reported a net income of 139.60M and revenue of 811.50M, resulting in a net margin of 17.2%.
Frequently Asked Questions
FSS and CRS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRS has higher volatility (12.83%) compared to FSS (10.07%). In terms of maximum drawdown, FSS dropped -83.43% vs CRS's -84.68%.
CRS currently has the higher Sharpe Ratio (2.64 vs 0.30), 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.
Find the right allocation for FSS and CRS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer