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CDLR vs GLDD
Revenue, margins, valuation, and 5-year total return — side by side.
Engineering & Construction
CDLR vs GLDD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Marine Shipping | Engineering & Construction |
| Market Cap | $2.54B | $1.14B |
| Revenue (TTM) | $539M | $888M |
| Net Income (TTM) | $270M | $73M |
| Gross Margin | 63.7% | 22.9% |
| Operating Margin | 52.9% | 14.1% |
| Forward P/E | 10.0x | 15.4x |
| Total Debt | $582M | $458M |
| Cash & Equiv. | $58M | $13M |
CDLR vs GLDD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 23 | May 26 | Return |
|---|---|---|---|
| Cadeler A/S (CDLR) | 100 | 157.3 | +57.3% |
| Great Lakes Dredge … (GLDD) | 100 | 221.4 | +121.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CDLR vs GLDD
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CDLR carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 129.0%, EPS growth 230.4%, 3Y rev CAGR 59.8%
- Lower volatility, beta 1.08, Low D/E 47.2%, current ratio 1.53x
- 129.0% revenue growth vs GLDD's 16.5%
GLDD is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 6 yrs, beta 0.92
- 276.9% 10Y total return vs CDLR's 59.1%
- Beta 0.92, current ratio 0.97x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 129.0% revenue growth vs GLDD's 16.5% | |
| Value | Lower P/E (10.0x vs 15.4x) | |
| Quality / Margins | 50.0% margin vs GLDD's 8.3% | |
| Stability / Safety | Beta 0.92 vs CDLR's 1.08 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +70.0% vs CDLR's +29.0% | |
| Efficiency (ROA) | 10.5% ROA vs GLDD's 5.8%, ROIC 3.7% vs 9.7% |
CDLR vs GLDD — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CDLR vs GLDD — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CDLR leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GLDD is the larger business by revenue, generating $888M annually — 1.6x CDLR's $539M. CDLR is the more profitable business, keeping 50.0% of every revenue dollar as net income compared to GLDD's 8.3%. On growth, CDLR holds the edge at +91.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $539M | $888M |
| EBITDAEarnings before interest/tax | $382M | $169M |
| Net IncomeAfter-tax profit | $270M | $73M |
| Free Cash FlowCash after capex | -$664M | $99M |
| Gross MarginGross profit ÷ Revenue | +63.7% | +22.9% |
| Operating MarginEBIT ÷ Revenue | +52.9% | +14.1% |
| Net MarginNet income ÷ Revenue | +50.0% | +8.3% |
| FCF MarginFCF ÷ Revenue | -123.3% | +11.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +91.5% | +26.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +119.4% | -34.5% |
Valuation Metrics
GLDD leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 15.7x trailing earnings, GLDD trades at a 52% valuation discount to CDLR's 32.5x P/E. On an enterprise value basis, GLDD's 9.3x EV/EBITDA is more attractive than CDLR's 21.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.5B | $1.1B |
| Enterprise ValueMkt cap + debt − cash | $3.2B | $1.6B |
| Trailing P/EPrice ÷ TTM EPS | 32.46x | 15.74x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.97x | 15.40x |
| PEG RatioP/E ÷ EPS growth rate | — | 10.15x |
| EV / EBITDAEnterprise value multiple | 21.57x | 9.34x |
| Price / SalesMarket cap ÷ Revenue | 8.69x | 1.28x |
| Price / BookPrice ÷ Book value/share | 1.73x | 2.23x |
| Price / FCFMarket cap ÷ FCF | — | 11.41x |
Profitability & Efficiency
GLDD leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
CDLR delivers a 20.4% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $15 for GLDD. CDLR carries lower financial leverage with a 0.47x debt-to-equity ratio, signaling a more conservative balance sheet compared to GLDD's 0.89x. On the Piotroski fundamental quality scale (0–9), GLDD scores 8/9 vs CDLR's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +20.4% | +14.8% |
| ROA (TTM)Return on assets | +10.5% | +5.8% |
| ROICReturn on invested capital | +3.7% | +9.7% |
| ROCEReturn on capital employed | +4.6% | +11.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 8 |
| Debt / EquityFinancial leverage | 0.47x | 0.89x |
| Net DebtTotal debt minus cash | $524M | $445M |
| Cash & Equiv.Liquid assets | $58M | $13M |
| Total DebtShort + long-term debt | $582M | $458M |
| Interest CoverageEBIT ÷ Interest expense | 21.99x | 3.32x |
Total Returns (Dividends Reinvested)
GLDD leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CDLR five years ago would be worth $15,907 today (with dividends reinvested), compared to $12,023 for GLDD. Over the past 12 months, GLDD leads with a +70.0% total return vs CDLR's +29.0%. The 3-year compound annual growth rate (CAGR) favors GLDD at 42.7% vs CDLR's 16.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +52.0% | +28.2% |
| 1-Year ReturnPast 12 months | +29.0% | +70.0% |
| 3-Year ReturnCumulative with dividends | +59.1% | +190.6% |
| 5-Year ReturnCumulative with dividends | +59.1% | +20.2% |
| 10-Year ReturnCumulative with dividends | +59.1% | +276.9% |
| CAGR (3Y)Annualised 3-year return | +16.7% | +42.7% |
Risk & Volatility
GLDD leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GLDD is the less volatile stock with a 0.92 beta — it tends to amplify market swings less than CDLR's 1.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.08x | 0.92x |
| 52-Week HighHighest price in past year | $29.14 | $17.02 |
| 52-Week LowLowest price in past year | $15.37 | $9.85 |
| % of 52W HighCurrent price vs 52-week peak | +99.3% | +99.9% |
| RSI (14)Momentum oscillator 0–100 | 73.7 | 68.5 |
| Avg Volume (50D)Average daily shares traded | 89K | 1.8M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates CDLR as "Buy" and GLDD as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $37.00 | — |
| # AnalystsCovering analysts | 1 | 7 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 6 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +1.0% |
GLDD leads in 4 of 6 categories (Valuation Metrics, Profitability & Efficiency). CDLR leads in 1 (Income & Cash Flow).
CDLR vs GLDD: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CDLR or GLDD a better buy right now?
For growth investors, Cadeler A/S (CDLR) is the stronger pick with 129.
0% revenue growth year-over-year, versus 16. 5% for Great Lakes Dredge & Dock Corporation (GLDD). Great Lakes Dredge & Dock Corporation (GLDD) offers the better valuation at 15. 7x trailing P/E (15. 4x forward), making it the more compelling value choice. Analysts rate Cadeler A/S (CDLR) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CDLR or GLDD?
On trailing P/E, Great Lakes Dredge & Dock Corporation (GLDD) is the cheapest at 15.
7x versus Cadeler A/S at 32. 5x. On forward P/E, Cadeler A/S is actually cheaper at 10. 0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CDLR or GLDD?
Over the past 5 years, Cadeler A/S (CDLR) delivered a total return of +59.
1%, compared to +20. 2% for Great Lakes Dredge & Dock Corporation (GLDD). Over 10 years, the gap is even starker: GLDD returned +276. 9% versus CDLR's +59. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CDLR or GLDD?
By beta (market sensitivity over 5 years), Great Lakes Dredge & Dock Corporation (GLDD) is the lower-risk stock at 0.
92β versus Cadeler A/S's 1. 08β — meaning CDLR is approximately 18% more volatile than GLDD relative to the S&P 500. On balance sheet safety, Cadeler A/S (CDLR) carries a lower debt/equity ratio of 47% versus 89% for Great Lakes Dredge & Dock Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CDLR or GLDD?
By revenue growth (latest reported year), Cadeler A/S (CDLR) is pulling ahead at 129.
0% versus 16. 5% for Great Lakes Dredge & Dock Corporation (GLDD). On earnings-per-share growth, the picture is similar: Cadeler A/S grew EPS 230. 4% year-over-year, compared to 28. 6% for Great Lakes Dredge & Dock Corporation. Over a 3-year CAGR, CDLR leads at 59. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CDLR or GLDD?
Cadeler A/S (CDLR) is the more profitable company, earning 26.
2% net margin versus 8. 3% for Great Lakes Dredge & Dock Corporation — meaning it keeps 26. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CDLR leads at 27. 9% versus 14. 1% for GLDD. At the gross margin level — before operating expenses — CDLR leads at 48. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CDLR or GLDD more undervalued right now?
On forward earnings alone, Cadeler A/S (CDLR) trades at 10.
0x forward P/E versus 15. 4x for Great Lakes Dredge & Dock Corporation — 5. 4x cheaper on a one-year earnings basis.
08Which pays a better dividend — CDLR or GLDD?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is CDLR or GLDD better for a retirement portfolio?
For long-horizon retirement investors, Great Lakes Dredge & Dock Corporation (GLDD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
92), +276. 9% 10Y return). Both have compounded well over 10 years (GLDD: +276. 9%, CDLR: +59. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CDLR and GLDD?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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