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.
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.
$105.36TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
CRS
Carpenter Technology Corporation
$443.19Basic MaterialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AAOI vs CRS
growth of $100 · dividends reinvested · last 10yAAOI +377.1% (+16.9%/yr)CRS +1295.2% (+30.2%/yr)CRS compounded faster over this window
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
| Metric | AAOI | CRS |
|---|---|---|
| P/E ratio | N/A | 42.13 |
| Forward P/E | 142.38 | 33.23 |
| P/S ratio | 14.19 | 7.05 |
| P/B ratio | 5.07 | 9.89 |
| EV / EBITDA | N/A | 26.28 |
| FCF yield | N/A | 1.65% |
Profitability
| Metric | AAOI | CRS |
|---|---|---|
| Gross margin | 28.92% | 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
| Metric | AAOI | CRS |
|---|---|---|
| Dividend yield | N/A | 0.18% |
| Payout ratio | N/A | 7.60% |
Growth (annualized)
| Metric | AAOI | CRS |
|---|---|---|
| Revenue CAGR (5Y) | 20.68% | 16.19% |
| EPS CAGR (5Y) | N/A | 178.15% |
| FCF CAGR (5Y) | N/A | 19.37% |
| 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.
Go deeper
Dig into the metrics
Carpenter Technology P/E ratioCarpenter 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 September 10, 2026.