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 September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare
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.

Total returnAAOI vs CRS

growth of $100 · dividends reinvested · last 10y
AAOI +377.1% (+16.9%/yr)CRS +1295.2% (+30.2%/yr)CRS compounded faster over this window
05001k2k2kStart $10020182020202220242026$477$1,395
AAOI CRS

AAOI vs CRS: by the numbers

  • CRS is the larger company ($22.02B vs $8.45B market cap).
  • CRS is profitable (16.96% net margin) while AAOI runs a net loss (-9.57%).
  • AAOI grew revenue faster over the past five years (20.68% vs 16.19% CAGR).
  • CRS pays a dividend (0.18% yield), while AAOI has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAAOICRS
P/E ratioN/A42.13
Forward P/E142.3833.23
P/S ratio14.197.05
P/B ratio5.079.89
EV / EBITDAN/A26.28
FCF yieldN/A1.65%

Profitability

MetricAAOICRS
Gross margin28.92%30.58%
Operating margin-11.31%22.47%
Net margin-9.57%16.96%
ROE-3.42%23.78%
ROIC-3.49%17.08%

Dividends

MetricAAOICRS
Dividend yieldN/A0.18%
Payout ratioN/A7.60%

Growth (annualized)

MetricAAOICRS
Revenue CAGR (5Y)20.68%16.19%
EPS CAGR (5Y)N/A178.15%
FCF CAGR (5Y)N/A19.37%
Total return CAGR (5Y)69.30%71.94%

Frequently asked

Which has grown faster, AAOI or CRS?
Over the past five years, AAOI grew revenue faster — AAOI at a 20.68% CAGR versus CRS at 16.19%.
Does AAOI or CRS pay a bigger dividend?
CRS pays a dividend (0.18% 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 -9.57% versus CRS at 16.96%.
How have AAOI and CRS total returns compared?
Over the past 10 years, AAOI delivered 18.06% and CRS delivered 30.92% annualized total return. Past performance doesn't predict future results.

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 September 10, 2026.