Carpenter Technology Corporation (CRS) vs Merit Medical Systems, Inc. (MMSI)
A side-by-side comparison of Carpenter Technology Corporation and Merit Medical Systems, 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; MMSI is classified in Healthcare. 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
MMSI
Merit Medical Systems, Inc.
$86.36HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — CRS vs MMSI
growth of $100 · dividends reinvested · last 10yCRS +1295.2% (+30.2%/yr)MMSI +258.2% (+13.6%/yr)CRS compounded faster over this window
CRS MMSI
CRS vs MMSI: by the numbers
- •CRS is the larger company ($22.02B vs $5.16B market cap).
- •MMSI trades at the lower trailing earnings multiple (35.69 vs 42.13 P/E), one valuation lens rather than an overall verdict.
- •CRS converts more revenue to profit (16.96% vs 9.22% net margin).
- •CRS grew revenue faster over the past five years (16.19% vs 8.90% CAGR).
- •CRS pays a dividend (0.18% yield), while MMSI has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CRS | MMSI |
|---|---|---|
| P/E ratio | 42.13 | 35.69 |
| Forward P/E | 33.23 | 20.07 |
| P/S ratio | 7.05 | 3.27 |
| P/B ratio | 9.89 | 3.07 |
| EV / EBITDA | 26.28 | 16.39 |
| FCF yield | 1.65% | 3.95% |
Profitability
| Metric | CRS | MMSI |
|---|---|---|
| Gross margin | 30.58% | 49.52% |
| Operating margin | 22.47% | 12.75% |
| Net margin | 16.96% | 9.22% |
| ROE | 23.78% | 8.67% |
| ROIC | 17.08% | 5.80% |
Dividends
| Metric | CRS | MMSI |
|---|---|---|
| Dividend yield | 0.18% | N/A |
| Payout ratio | 7.60% | N/A |
Growth (annualized)
| Metric | CRS | MMSI |
|---|---|---|
| Revenue CAGR (5Y) | 16.19% | 8.90% |
| EPS CAGR (5Y) | 178.15% | 67.27% |
| FCF CAGR (5Y) | 19.37% | 8.96% |
| Total return CAGR (5Y) | 71.94% | 3.82% |
Frequently asked
- Which has the lower trailing P/E, CRS or MMSI?
- MMSI has the lower trailing P/E: CRS trades at 42.13 and MMSI at 35.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CRS or MMSI?
- Over the past five years, CRS grew revenue faster — CRS at a 16.19% CAGR versus MMSI at 8.90%.
- Does CRS or MMSI pay a bigger dividend?
- CRS pays a dividend (0.18% yield), while MMSI has no payments in the available dividend history.
- Is CRS or MMSI more profitable?
- CRS runs the higher net margin — CRS at 16.96% versus MMSI at 9.22%.
- How have CRS and MMSI total returns compared?
- Over the past 10 years, CRS delivered 30.92% and MMSI delivered 13.57% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carpenter Technology P/E ratioMerit Medical Systems P/E ratioCarpenter Technology dividend yieldCarpenter Technology ROEMerit Medical Systems ROECarpenter Technology operating marginMerit Medical Systems operating marginCarpenter Technology revenue growthMerit Medical Systems revenue growthCarpenter Technology free cash flowMerit Medical Systems free cash flow
Carpenter Technology & Merit Medical Systems 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.