LRCX vs. CRS
LRCX (Lam Research Corporation) and CRS (Carpenter Technology Corporation) are both stocks. LRCX operates in Semiconductor Equipment & Materials (Technology), while CRS operates in Metal Fabrication (Industrials). Over the past 10 years, LRCX returned 48.70%/yr vs 34.84%/yr for CRS. At a 0.31 correlation, their price movements are largely independent.
Performance
LRCX vs. CRS - Performance Comparison
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Returns By Period
In the year-to-date period, LRCX achieves a 127.70% return, which is significantly higher than CRS's 86.47% return. Over the past 10 years, LRCX has outperformed CRS with an annualized return of 48.70%, while CRS has yielded a comparatively lower 34.84% annualized return.
LRCX
- 1D
- 3.97%
- 1M
- 27.50%
- YTD
- 127.70%
- 6M
- 126.26%
- 1Y
- 332.31%
- 3Y*
- 86.85%
- 5Y*
- 46.24%
- 10Y*
- 48.70%
CRS
- 1D
- 1.91%
- 1M
- 35.09%
- YTD
- 86.47%
- 6M
- 79.45%
- 1Y
- 131.77%
- 3Y*
- 125.83%
- 5Y*
- 72.99%
- 10Y*
- 34.84%
LRCX vs. CRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LRCX Lam Research Corporation | 127.70% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
CRS Carpenter Technology Corporation | 86.47% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
Correlation
The correlation between LRCX and CRS is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.31 |
The correlation between LRCX and CRS shifts across timeframes, from 0.31 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LRCX:
$491.28B
CRS:
$29.50B
LRCX:
$5.29
CRS:
$9.51
LRCX:
73.57
CRS:
61.70
LRCX:
5.57
CRS:
0.05
LRCX:
22.76
CRS:
9.76
LRCX:
46.41
CRS:
14.27
LRCX:
$21.68B
CRS:
$3.03B
LRCX:
$10.84B
CRS:
$900.50M
LRCX:
$6.10B
CRS:
$745.50M
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Return for Risk
LRCX vs. CRS — Risk / Return Rank
LRCX
CRS
LRCX vs. CRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) 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.
| LRCX | CRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.45 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 16.32 | 7.08 | +9.24 |
| Martin ratioReturn relative to average drawdown | 54.67 | 16.67 | +38.00 |
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Drawdowns
LRCX vs. CRS - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, roughly equal to the maximum CRS drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for LRCX and CRS.
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Drawdown Indicators
| LRCX | CRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -84.68% | -3.22% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -19.08% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | -28.74% | -18.36% |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | -41.86% | -14.53% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -74.70% | +18.31% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -28.16% | -27.22% | -0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.96% | 8.09% | -2.13% |
Volatility
LRCX vs. CRS - Volatility Comparison
Lam Research Corporation (LRCX) has a higher volatility of 21.67% compared to Carpenter Technology Corporation (CRS) at 10.47%. This indicates that LRCX's price experiences larger fluctuations and is considered to be riskier than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRCX | CRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.67% | 10.47% | +11.20% |
Volatility (6M)Calculated over the trailing 6-month period | 44.04% | 33.61% | +10.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.24% | 48.34% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.71% | 46.61% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.00% | 48.89% | -3.89% |
Dividends
LRCX vs. CRS - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.27%, 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% |
LRCX Lam Research Corporation | 0.27% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
LRCX vs. CRS - Financials Comparison
This section allows you to compare key financial metrics between Lam Research 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
LRCX vs. CRS - Profitability Comparison
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.
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%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.
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%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.
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
LRCX and CRS have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (21.67%) compared to CRS (10.47%). In terms of maximum drawdown, LRCX dropped -87.90% vs CRS's -84.68%.
LRCX currently has the higher Sharpe Ratio (6.13 vs 2.80), 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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