Applied Optoelectronics, Inc. (AAOI) vs Carpenter Technology Corporation (CRS)
A side-by-side comparison of Applied Optoelectronics, Inc. and Carpenter Technology Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AAOI is classified in Technology; CRS is classified in Basic Materials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AAOI
Applied Optoelectronics, Inc.
$88.14TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
CRS
Carpenter Technology Corporation
$560.43Basic MaterialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AAOI vs CRS
growth of $100 · dividends reinvested · last 13yAAOI +882.1%CRS +1126.5%CRS compounded faster
AAOI CRS
AAOI vs CRS: by the numbers
- •CRS is the larger company ($27.85B vs $7.07B market cap).
- •CRS is profitable (15.82% net margin) while AAOI runs a net loss (-8.55%).
- •AAOI grew revenue faster over the past five years (15.77% vs 15.23% CAGR).
- •CRS pays a dividend (0.14% yield), while AAOI has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AAOI | CRS |
|---|---|---|
| P/E ratio | N/A | 61.08 |
| Forward P/E | 94.67 | 54.81 |
| P/S ratio | 14.66 | 9.64 |
| P/B ratio | 6.72 | 14.12 |
| PEG ratio | N/A | 0.37 |
| EV / EBITDA | N/A | 37.42 |
| FCF yield | N/A | 1.40% |
Profitability
| Metric | AAOI | CRS |
|---|---|---|
| Gross margin | 29.64% | 29.73% |
| Operating margin | -11.57% | 21.34% |
| Net margin | -8.55% | 15.82% |
| ROE | -3.92% | 23.17% |
| ROIC | -4.71% | 13.94% |
Dividends
| Metric | AAOI | CRS |
|---|---|---|
| Dividend yield | N/A | 0.14% |
| Payout ratio | N/A | 10.68% |
Growth (annualized)
| Metric | AAOI | CRS |
|---|---|---|
| Revenue CAGR (5Y) | 15.77% | 15.23% |
| EPS CAGR (5Y) | N/A | 218.42% |
| FCF CAGR (5Y) | N/A | 14.57% |
| Total return CAGR (5Y) | 68.47% | 74.76% |
Frequently asked
- Which has grown faster, AAOI or CRS?
- Over the past five years, AAOI grew revenue faster — AAOI at a 15.77% CAGR versus CRS at 15.23%.
- Does AAOI or CRS pay a bigger dividend?
- CRS pays a dividend (0.14% yield), while AAOI has no payments in the available dividend history.
- Is AAOI or CRS more profitable?
- CRS runs the higher net margin — AAOI at -8.55% versus CRS at 15.82%.
- How have AAOI and CRS total returns compared?
- Over the past 10 years, AAOI delivered 22.61% and CRS delivered 33.06% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Applied Optoelectronics P/E ratioCarpenter Technology P/E ratioApplied Optoelectronics dividend yieldCarpenter Technology dividend yieldApplied Optoelectronics ROECarpenter Technology ROEApplied Optoelectronics operating marginCarpenter Technology operating marginApplied Optoelectronics revenue growthCarpenter Technology revenue growthApplied Optoelectronics free cash flowCarpenter Technology free cash flow
Applied Optoelectronics & Carpenter Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.