Carpenter Technology Corporation (CRS) vs Howmet Aerospace Inc. (HWM)
A side-by-side comparison of Carpenter Technology Corporation and Howmet Aerospace Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: CRS is classified in Basic Materials; HWM is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
CRS
Carpenter Technology Corporation
$443.19Basic MaterialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
HWM
Howmet Aerospace Inc.
$229.61IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — CRS vs HWM
growth of $100 · dividends reinvested · last 10yCRS +1321.5% (+30.4%/yr)HWM +1065.8% (+27.8%/yr)CRS compounded faster over this window
CRS HWM
CRS vs HWM: by the numbers
- •HWM is the larger company ($91.87B vs $22.02B market cap).
- •CRS trades at the lower trailing earnings multiple (42.13 vs 49.48 P/E), one valuation lens rather than an overall verdict.
- •HWM converts more revenue to profit (20.52% vs 16.96% net margin).
- •CRS grew revenue faster over the past five years (16.19% vs 13.81% CAGR).
- •HWM pays the higher dividend yield (0.22% vs 0.18%).
Metrics side by side
Valuation
| Metric | CRS | HWM |
|---|---|---|
| P/E ratio | 42.13 | 49.48 |
| Forward P/E | 33.23 | 43.05 |
| P/S ratio | 7.05 | 10.08 |
| P/B ratio | 9.89 | 16.03 |
| EV / EBITDA | 26.28 | 33.20 |
| FCF yield | 1.65% | 1.71% |
Profitability
| Metric | CRS | HWM |
|---|---|---|
| Gross margin | 30.58% | 34.44% |
| Operating margin | 22.47% | 28.33% |
| Net margin | 16.96% | 20.52% |
| ROE | 23.78% | 32.64% |
| ROIC | 17.08% | 18.58% |
Dividends
| Metric | CRS | HWM |
|---|---|---|
| Dividend yield | 0.18% | 0.22% |
| Payout ratio | 7.60% | 10.78% |
Growth (annualized)
| Metric | CRS | HWM |
|---|---|---|
| Revenue CAGR (5Y) | 16.19% | 13.81% |
| EPS CAGR (5Y) | 178.15% | 50.70% |
| FCF CAGR (5Y) | 19.37% | 76.77% |
| Total return CAGR (5Y) | 71.94% | 49.26% |
Frequently asked
- Which has the lower trailing P/E, CRS or HWM?
- CRS has the lower trailing P/E: CRS trades at 42.13 and HWM at 49.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CRS or HWM?
- Over the past five years, CRS grew revenue faster — CRS at a 16.19% CAGR versus HWM at 13.81%.
- Does CRS or HWM pay a bigger dividend?
- CRS yields 0.18% and HWM yields 0.22% based on trailing dividends and the latest price.
- Is CRS or HWM more profitable?
- HWM runs the higher net margin — CRS at 16.96% versus HWM at 20.52%.
- How have CRS and HWM total returns compared?
- Over the past 10 years, CRS delivered 30.92% and HWM delivered 27.62% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carpenter Technology P/E ratioHowmet Aerospace P/E ratioCarpenter Technology dividend yieldHowmet Aerospace dividend yieldCarpenter Technology ROEHowmet Aerospace ROECarpenter Technology operating marginHowmet Aerospace operating marginCarpenter Technology revenue growthHowmet Aerospace revenue growthCarpenter Technology free cash flowHowmet Aerospace free cash flow
Carpenter Technology & Howmet Aerospace 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 11, 2026.