TTI vs. CRS
TTI (TETRA Technologies, Inc.) and CRS (Carpenter Technology Corporation) are both stocks. TTI operates in Oil & Gas Equipment & Services (Energy), while CRS operates in Metal Fabrication (Industrials). Over the past 10 years, TTI returned 5.30%/yr vs 33.02%/yr for CRS. At a 0.35 correlation, their price movements are largely independent.
Performance
TTI vs. CRS - Performance Comparison
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Returns By Period
In the year-to-date period, TTI achieves a 5.98% return, which is significantly lower than CRS's 56.63% return. Over the past 10 years, TTI has underperformed CRS with an annualized return of 5.30%, while CRS has yielded a comparatively higher 33.02% annualized return.
TTI
- 1D
- 1.95%
- 1M
- 2.16%
- YTD
- 5.98%
- 6M
- 12.33%
- 1Y
- 247.20%
- 3Y*
- 51.60%
- 5Y*
- 21.50%
- 10Y*
- 5.30%
CRS
- 1D
- 1.14%
- 1M
- 10.70%
- YTD
- 56.63%
- 6M
- 56.68%
- 1Y
- 100.30%
- 3Y*
- 118.54%
- 5Y*
- 64.27%
- 10Y*
- 33.02%
TTI vs. CRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTI TETRA Technologies, Inc. | 5.98% | 161.73% | -20.80% | 30.64% | 21.83% | 229.66% | -56.05% | 16.67% | -60.66% | -12.29% |
CRS Carpenter Technology Corporation | 56.63% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
Correlation
The correlation between TTI and CRS is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 1990 | 0.35 |
The correlation between TTI and CRS shifts across timeframes, from 0.16 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TTI:
$1.36B
CRS:
$24.78B
TTI:
$0.05
CRS:
$9.51
TTI:
184.08
CRS:
51.82
TTI:
0.22
CRS:
0.04
TTI:
2.13
CRS:
8.20
TTI:
4.75
CRS:
11.98
TTI:
$630.05M
CRS:
$3.03B
TTI:
$154.82M
CRS:
$900.50M
TTI:
$85.97M
CRS:
$745.50M
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Return for Risk
TTI vs. CRS — Risk / Return Rank
TTI
CRS
TTI vs. CRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TETRA Technologies, Inc. (TTI) 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.
| TTI | CRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.37 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 6.61 | 5.29 | +1.32 |
| Martin ratioReturn relative to average drawdown | 16.79 | 12.44 | +4.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TTI | CRS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.16 | 2.12 | +2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 1.39 | -1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.68 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.34 | -0.28 |
Drawdowns
TTI vs. CRS - Drawdown Comparison
The maximum TTI drawdown since its inception was -99.27%, which is greater than CRS's maximum drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for TTI and CRS.
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Drawdown Indicators
| TTI | CRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.27% | -84.68% | -14.59% |
Max Drawdown (1Y)Largest decline over 1 year | -37.66% | -19.08% | -18.58% |
Max Drawdown (3Y)Largest decline over 3 years | -67.43% | -28.74% | -38.69% |
Max Drawdown (5Y)Largest decline over 5 years | -67.43% | -44.04% | -23.39% |
Max Drawdown (10Y)Largest decline over 10 years | -96.60% | -74.70% | -21.90% |
Current DrawdownCurrent decline from peak | -67.20% | 0.00% | -67.20% |
Average DrawdownAverage peak-to-trough decline | -55.74% | -27.25% | -28.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.80% | 8.09% | +6.71% |
Volatility
TTI vs. CRS - Volatility Comparison
TETRA Technologies, Inc. (TTI) has a higher volatility of 15.46% compared to Carpenter Technology Corporation (CRS) at 11.84%. This indicates that TTI'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
| TTI | CRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.46% | 11.84% | +3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 41.47% | 33.02% | +8.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.99% | 47.52% | +12.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.24% | 46.60% | +14.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.51% | 48.81% | +26.70% |
Dividends
TTI vs. CRS - Dividend Comparison
TTI has not paid dividends to shareholders, while CRS's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.16% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
TTI TETRA Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.34% | 0.00% | 0.00% |
Financials
TTI vs. CRS - Financials Comparison
This section allows you to compare key financial metrics between TETRA Technologies, Inc. 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
TTI vs. CRS - Profitability Comparison
TTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported a gross profit of 38.23M and revenue of 156.25M. Therefore, the gross margin over that period was 24.5%.
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%.
TTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported an operating income of 12.82M and revenue of 156.25M, resulting in an operating margin of 8.2%.
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%.
TTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TETRA Technologies, Inc. reported a net income of 8.32M and revenue of 156.25M, resulting in a net margin of 5.3%.
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
TTI and CRS have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TTI has higher volatility (15.46%) compared to CRS (11.84%). In terms of maximum drawdown, TTI dropped -99.27% vs CRS's -84.68%.
TTI currently has the higher Sharpe Ratio (4.16 vs 2.12), 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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