GLDD vs. KRO

Last updated Jun 4, 2026

GLDD (Great Lakes Dredge & Dock Corporation) and KRO (Kronos Worldwide, Inc.) are both stocks. GLDD operates in Engineering & Construction (Industrials), while KRO operates in Specialty Chemicals (Basic Materials). Over the past 10 years, GLDD returned 13.96%/yr vs 6.95%/yr for KRO. At a 0.28 correlation, their price movements are largely independent.

Performance

GLDD vs. KRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great Lakes Dredge & Dock Corporation (GLDD) and Kronos Worldwide, Inc. (KRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLDD achieves a 29.57% return, which is significantly lower than KRO's 61.44% return. Over the past 10 years, GLDD has outperformed KRO with an annualized return of 13.96%, while KRO has yielded a comparatively lower 6.95% annualized return.

GLDD

• 1D: 0.00%
• 1M: 0.00%
• YTD: 29.57%
• 6M: 30.27%
• 1Y: 46.30%
• 3Y*: 32.55%
• 5Y*: 2.82%
• 10Y*: 13.96%

KRO

• 1D: -2.21%
• 1M: -4.72%
• YTD: 61.44%
• 6M: 46.23%
• 1Y: 10.96%
• 3Y*: -2.93%
• 5Y*: -10.99%
• 10Y*: 6.95%

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

GLDD vs. KRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLDD Great Lakes Dredge & Dock Corporation	29.57%	16.21%	47.01%	29.08%	-62.15%	19.36%	16.24%	71.15%	22.59%	28.57%
KRO Kronos Worldwide, Inc.	61.44%	-53.09%	2.51%	14.94%	-33.72%	5.76%	18.29%	23.04%	-53.63%	122.91%

Correlation

The correlation between GLDD and KRO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Dec 28, 2006	0.28

Fundamentals

Market Cap GLDD : $1.15B KRO : $813.05M
EPS GLDD : $1.09 KRO : -$1.16
PS Ratio GLDD : 1.29 KRO : 0.43
PB Ratio GLDD : 2.23 KRO : 1.09
Total Revenue (TTM) GLDD : $888.28M KRO : $1.88B
Gross Profit (TTM) GLDD : $203.49M KRO : $189.50M
EBITDA (TTM) GLDD : $125.52M KRO : -$1.60M

Return for Risk

GLDD vs. KRO — Risk / Return Rank

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

GLDD

GLDD Risk / Return Rank: 83
GLDD Sharpe Ratio Rank: 81
GLDD Sortino Ratio Rank: 83
GLDD Omega Ratio Rank: 82
GLDD Calmar Ratio Rank: 83
GLDD Martin Ratio Rank: 86

KRO

KRO Risk / Return Rank: 47
KRO Sharpe Ratio Rank: 49
KRO Sortino Ratio Rank: 47
KRO Omega Ratio Rank: 44
KRO Calmar Ratio Rank: 47
KRO Martin Ratio Rank: 47

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.

GLDD vs. KRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great Lakes Dredge & Dock Corporation (GLDD) and Kronos Worldwide, Inc. (KRO). 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.

	GLDD	KRO	Difference
Sharpe ratio Return per unit of total volatility	1.48	0.21	+1.26
Sortino ratio Return per unit of downside risk	2.53	0.69	+1.84
Omega ratio Gain probability vs. loss probability	1.33	1.07	+0.26
Calmar ratio Return relative to maximum drawdown	3.16	0.30	+2.86
Martin ratio Return relative to average drawdown	9.69	0.58	+9.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLDD vs. KRO - Sharpe Ratio Comparison

The current GLDD Sharpe Ratio is 1.48, which is higher than the KRO Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of GLDD and KRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GLDD	KRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	0.21	+1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.25	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.16	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.07	+0.05

Drawdowns

GLDD vs. KRO - Drawdown Comparison

The maximum GLDD drawdown since its inception was -80.76%, smaller than the maximum KRO drawdown of -87.14%. Use the drawdown chart below to compare losses from any high point for GLDD and KRO.

Drawdown Indicators

	GLDD	KRO	Difference
Max Drawdown Largest peak-to-trough decline	-80.76%	-87.14%	+6.38%
Max Drawdown (1Y) Largest decline over 1 year	-14.74%	-36.91%	+22.17%
Max Drawdown (3Y) Largest decline over 3 years	-39.75%	-68.73%	+28.98%
Max Drawdown (5Y) Largest decline over 5 years	-70.30%	-73.20%	+2.90%
Max Drawdown (10Y) Largest decline over 10 years	-70.32%	-77.56%	+7.24%
Current Drawdown Current decline from peak	0.00%	-62.59%	+62.59%
Average Drawdown Average peak-to-trough decline	-32.87%	-45.32%	+12.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	18.92%	-14.13%

Volatility

GLDD vs. KRO - Volatility Comparison

The current volatility for Great Lakes Dredge & Dock Corporation (GLDD) is 0.00%, while Kronos Worldwide, Inc. (KRO) has a volatility of 17.51%. This indicates that GLDD experiences smaller price fluctuations and is considered to be less risky than KRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLDD	KRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	17.51%	-17.51%
Volatility (6M) Calculated over the trailing 6-month period	19.04%	38.20%	-19.16%
Volatility (1Y) Calculated over the trailing 1-year period	31.60%	52.22%	-20.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.24%	43.34%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.65%	44.20%	-1.55%

Dividends

GLDD vs. KRO - Dividend Comparison

GLDD has not paid dividends to shareholders, while KRO's dividend yield for the trailing twelve months is around 2.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLDD Great Lakes Dredge & Dock Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KRO Kronos Worldwide, Inc.	2.83%	4.52%	4.92%	7.65%	8.09%	4.80%	4.83%	5.37%	5.90%	2.33%	5.03%	10.64%

Financials

GLDD vs. KRO - Profitability Comparison

The chart below illustrates the profitability comparison between Great Lakes Dredge & Dock Corporation and Kronos Worldwide, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GLDD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Great Lakes Dredge & Dock Corporation reported a gross profit of 53.64M and revenue of 256.45M. Therefore, the gross margin over that period was 20.9%.

KRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kronos Worldwide, Inc. reported a gross profit of 83.30M and revenue of 509.80M. Therefore, the gross margin over that period was 16.3%.

GLDD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Great Lakes Dredge & Dock Corporation reported an operating income of 30.34M and revenue of 256.45M, resulting in an operating margin of 11.8%.

KRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kronos Worldwide, Inc. reported an operating income of 12.60M and revenue of 509.80M, resulting in an operating margin of 2.5%.

GLDD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Great Lakes Dredge & Dock Corporation reported a net income of 12.63M and revenue of 256.45M, resulting in a net margin of 4.9%.

KRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kronos Worldwide, Inc. reported a net income of -4.80M and revenue of 509.80M, resulting in a net margin of -0.9%.

Frequently Asked Questions

Can I hold both GLDD and KRO in my portfolio?

GLDD and KRO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLDD or KRO?

KRO has higher volatility (17.51%) compared to GLDD (0.00%). In terms of maximum drawdown, GLDD dropped -80.76% vs KRO's -87.14%.

Which has better risk-adjusted returns?

GLDD currently has the higher Sharpe Ratio (1.48 vs 0.21), 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.