CRS vs. DOW: Carpenter vs. Dow Stock Comparison

November 11, 2026

How do Carpenter (CRS) and Dow (DOW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Carpenter (CRS) and Dow (DOW) both fall under the Materials industry group, but CRS is classified in Metals & Mining while DOW is classified in Chemicals.

Company profile comparison for Carpenter (CRS) and Dow (DOW)
Profile Item	CRS	DOW
Name	Carpenter Technology Corporation	Dow Inc.
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Chemicals
GICS Sub-Industry	Steel	Commodity Chemicals
Market Capitalization	13.79 billion USD	22.73 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	March 20, 2019
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CRS

DOW

GSPC

Carpenter (CRS) vs. Dow (DOW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Carpenter (CRS) and Dow (DOW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Carpenter (CRS) and Dow (DOW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Total Return (1Y)	-8.47%	46.93%
Total Return (3Y, Annualized)	66.22%	-8.46%
Total Return (5Y, Annualized)	56.37%	-6.94%

Risk Profile

Drawdown History

CRS

DOW

GSPC

Carpenter (CRS) vs. Dow (DOW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Carpenter (CRS) and Dow (DOW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Carpenter (CRS) has an aggressive beta of 1.39, indicating higher sensitivity to broad-market moves, while Dow (DOW) is defensive at 0.44 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Volatility (1Y, Annualized)	49.01%	41.81%
Beta (5Y)	1.39	0.44
Max Drawdown (5Y)	-55.01%	-64.37%
Avg. Volume (3M)	913.10K	8.52M

Risk-Adjusted Performance

Risk-Return Positioning

CRS and DOW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Sharpe Ratio (1Y)	-0.26	1.02
Sortino Ratio (1Y)	-0.36	1.62

Profitability

ROE (TTM)

Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Carpenter (CRS) reports 27.84%, ranking against industry peers normally.

CRS

Materials industry group

27.84%

Max: 52.88%
CRS: 27.84%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

DOW

Materials industry group

-3.24%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
DOW: -3.24%
Q1: -3.41%
Min: -32.81%

Carpenter (CRS) vs. Dow (DOW): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Carpenter (CRS) reports 17.87%, ranking against industry peers normally.

CRS

Materials industry group

17.87%

Max: 38.66%
CRS: 17.87%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

DOW

Materials industry group

-2.11%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
DOW: -2.11%
Min: -20.40%

Carpenter (CRS) vs. Dow (DOW): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Carpenter (CRS) at 24.69% and Dow (DOW) at 6.78% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CRS

Materials industry group

24.69%

Max: 66.70%
Q3: 28.92%
CRS: 24.69%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

DOW

Materials industry group

6.78%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
DOW: 6.78%
Q1: 3.28%
Min: -14.07%

Carpenter (CRS) vs. Dow (DOW): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
ROE (TTM)	27.84%	-3.24%
ROA (TTM)	12.96%	1.87%
Net Margin (TTM)	17.87%	-2.11%
Operating Margin (TTM)	24.69%	6.78%
Gross Margin (TTM)	31.22%	11.01%

Growth

Revenue Growth

Carpenter (CRS) at 8.59% is around its peer norm for revenue growth, while Dow (DOW) at -6.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Carpenter (CRS) vs. Dow (DOW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Carpenter (CRS) at 41.78% is around its peer norm for EPS growth, while Dow (DOW) at -335.67% falls below its industry range, a notably weak earnings reading.

Carpenter (CRS) vs. Dow (DOW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Revenue Growth (YoY)	8.59%	-6.97%
Revenue Growth (3Y CAGR)	7.00%	-11.11%
EPS Growth (YoY)	41.78%	-335.67%
EPS Growth (3Y CAGR)	109.75%	--

Financial Strength

Current Ratio (MRQ)

Dow (DOW) at 1.76 keeps current ratio within its industry’s typical mid-range, while Carpenter (CRS) at 3.94 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CRS

Materials industry group

3.94

Max: 5.96
CRS: 3.94
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

DOW

Materials industry group

1.76

Max: 5.96
Q3: 3.30
Median: 2.24
DOW: 1.76
Q1: 1.45
Min: 0.16

Carpenter (CRS) vs. Dow (DOW): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Carpenter (CRS) at 0.32 carries an industry-typical debt-to-equity mix, while Dow (DOW) at 1.08 uses more debt funding than most peers.

CRS

Materials industry group

0.32

Max: 1.98
Q3: 0.89
Median: 0.47
CRS: 0.32
Q1: 0.13
Min: 0.00

DOW

Materials industry group

1.08

Max: 1.98
DOW: 1.08
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

Carpenter (CRS) vs. Dow (DOW): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Current Ratio (MRQ)	3.94	1.76
Debt / Equity (MRQ)	0.32	1.08
Net Debt / EBITDA	0.62	3.21

Dividends

Dividend Yield (TTM)

Dow (DOW) at 4.38% delivers top-quartile income for its industry, while Carpenter (CRS) at 0.29% pays a more typical yield — both are credible income propositions, DOW the richer one.

CRS

Materials industry group

0.29%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
CRS: 0.29%
Q1: 0.00%
Min: 0.00%

DOW

Materials industry group

4.38%

Max: 4.52%
DOW: 4.38%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Carpenter (CRS) vs. Dow (DOW): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Carpenter (CRS) reports 7.05%, ranking against industry peers normally.

CRS

Materials industry group

7.05%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
CRS: 7.05%
Q1: 0.00%
Min: 0.00%

DOW

Materials industry group

700.00%

DOW: 700.00%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Carpenter (CRS) vs. Dow (DOW): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
Dividend Yield (TTM)	0.29%	4.38%
Dividend Payout Ratio (TTM)	7.05%	700.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Carpenter (CRS) trades at 24.54 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.

CRS

Materials industry group

24.54

Max: 59.00
Q3: 32.93
CRS: 24.54
Median: 18.82
Q1: 11.96
Min: 3.93

DOW

Materials industry group

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93
DOW: --

Carpenter (CRS) vs. Dow (DOW): DOW does not report P/E ratio, so it has no value marker; CRS is benchmarked against the Materials industry group.

P/S Ratio (TTM)

Dow (DOW) at 0.53 sits in the cheaper P/S ratio quartile while Carpenter (CRS) at 4.32 prices around its industry’s middle — DOW costs less per dollar of sales, though read it alongside growth and margins.

CRS

Materials industry group

4.32

Max: 9.62
Q3: 4.34
CRS: 4.32
Median: 1.87
Q1: 0.73
Min: 0.00

DOW

Materials industry group

0.53

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
DOW: 0.53
Min: 0.00

Carpenter (CRS) vs. Dow (DOW): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Dow (DOW) at 1.41 is valued about in line with its industry on P/B ratio, while Carpenter (CRS) at 6.32 carries an above-peer premium to book — CRS is pricier on assets.

CRS

Materials industry group

6.32

Max: 6.59
CRS: 6.32
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

DOW

Materials industry group

1.41

Max: 6.59
Q3: 3.55
Median: 2.08
DOW: 1.41
Q1: 1.26
Min: -0.17

Carpenter (CRS) vs. Dow (DOW): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Carpenter (CRS) and Dow (DOW)
Metric	CRS	DOW
P/E Ratio (TTM)	24.54	--
P/S Ratio (TTM)	4.32	0.53
P/B Ratio (MRQ)	6.32	1.41
Free Cash Flow Yield (TTM)	1.54%	3.95%