Carpenter Technology (CRS) vs Steel Dynamics (STLD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Steel Dynamics (STLD) has outperformed Carpenter Technology (CRS) over the past year, gaining 64.0% versus a gain of 52.6%. Over five years, CRS leads with a +1061.8% price change compared with +278.3% for STLD. Steel Dynamics is the larger company by market cap ($33.55 billion vs $19.39 billion), about 1.7 times the size, while Carpenter Technology is growing revenue faster (+8.6% vs +3.6%).
On valuation, Steel Dynamics trades at a lower forward P/E (12.0x vs 24.6x for Carpenter Technology). Steel Dynamics offers the higher dividend yield (0.88% vs 0.20%). Carpenter Technology converts more of its revenue into profit, with a net margin of 17.0% versus 6.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRS | STLD |
|---|---|---|
| Share price | $391.17 | $234.09 |
| Market cap | $19.39B | $33.55B |
| 1-day change | -1.15% | -1.71% |
| YTD return | +24.24% | +38.15% |
| 1-year return | +52.64% | +64.01% |
| 5-year return | +1061.78% | +278.30% |
| P/E ratio (TTM) | 37.18 | 21.22 |
| Forward P/E | 24.63 | 11.97 |
| EPS (TTM) | $10.52 | $11.03 |
| Dividend yield | 0.20% | 0.88% |
| Annual dividend | $0.80 | $2.06 |
| Revenue (latest FY) | $3.12B | $18.18B |
| Revenue growth (YoY) | +8.59% | +3.63% |
| Net income (latest FY) | $529.80M | $1.19B |
| Gross margin | 30.58% | 13.16% |
| Operating margin | 22.47% | 8.12% |
| Net margin | 16.96% | 6.52% |
| 52-week high | $625.99 | $288.74 |
| 52-week low | $233.78 | $140.87 |
| Distance from 52-week high | -37.51% | -18.93% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +56.49% | +15.75% |
| Average volume | 724.38K | 1.12M |
| Shares outstanding | 49.56M | 143.33M |
| Employees | 4,500 | 14,400 |
| Sector | Industrials | Industrials |
| Industry | Steel/Iron Ore | Steel/Iron Ore |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- STLD has outperformed CRS by 11.4 percentage points over the past year.
- Carpenter Technology trades at a higher earnings multiple (37.2x vs 21.2x trailing P/E).
- Carpenter Technology is more profitable, keeping 17.0 cents of every revenue dollar as net income versus 6.5 cents for Steel Dynamics.
About Carpenter Technology
CRS stock →Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products.
Industrials · Steel/Iron Ore · 4,500 employees
About Steel Dynamics
STLD stock →Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations.
Industrials · Steel/Iron Ore · 14,400 employees
CRS vs STLD FAQ
Which is bigger, Carpenter Technology or Steel Dynamics?
Steel Dynamics (STLD) is larger, with a market capitalization of $33.55B compared with $19.39B for Carpenter Technology (CRS).
Which stock has performed better over the past year, CRS or STLD?
STLD returned +64.01% over the past 12 months, compared with +52.64% for CRS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CRS or STLD?
STLD has the lower trailing P/E at 21.2, versus 37.2 for CRS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carpenter Technology or Steel Dynamics?
Steel Dynamics has the higher yield at 0.88%, compared with 0.20% for Carpenter Technology.
Are Carpenter Technology and Steel Dynamics in the same industry?
Yes. Both are classified in the Steel/Iron Ore industry within the Industrials sector.