Aerospace & Defense
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Side-by-side financial analysisStock Comparison
HXL vs CRS vs TPC vs KTOS vs MTRN
Revenue, margins, valuation, and 5-year total return — side by side.
Manufacturing - Metal Fabrication
Engineering & Construction
Aerospace & Defense
Industrial Materials
HXL vs CRS vs TPC vs KTOS vs MTRN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Aerospace & Defense | Manufacturing - Metal Fabrication | Engineering & Construction | Aerospace & Defense | Industrial Materials |
| Market Cap | $7.36B | $29.14B | $4.12B | $10.17B | $5.72B |
| Revenue (TTM) | $1.93B | $3.03B | $5.69B | $1.42B | $1.92B |
| Net Income (TTM) | $118M | $479M | $126M | $29M | $76M |
| Gross Margin | 24.2% | 29.7% | 11.7% | 18.3% | 15.8% |
| Operating Margin | 9.5% | 21.3% | 4.0% | 1.8% | 6.1% |
| Forward P/E | 42.4x | 55.4x | 22.7x | 70.9x | 42.8x |
| Total Debt | $993M | $738M | $471M | $180M | $601M |
| Cash & Equiv. | $71M | $316M | $770M | $561M | $14M |
HXL vs CRS vs TPC vs KTOS vs MTRN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | Jun 26 | Return |
|---|---|---|---|
| Hexcel Corporation (HXL) | 100 | 215.9 | +115.9% |
| Carpenter Technolog… (CRS) | 100 | 2415.4 | +2315.4% |
| Tutor Perini Corpor… (TPC) | 100 | 640.3 | +540.3% |
| Kratos Defense & Se… (KTOS) | 100 | 346.8 | +246.8% |
| Materion Corporation (MTRN) | 100 | 447.2 | +347.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HXL vs CRS vs TPC vs KTOS vs MTRN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
HXL has the current edge in this matchup, primarily because of its strength in income & stability and defensive.
- Dividend streak 3 yrs, beta 0.98, yield 0.7%
- Beta 0.98, yield 0.7%, current ratio 2.26x
- Beta 0.98 vs KTOS's 2.17
- 0.7% yield, 3-year raise streak, vs MTRN's 0.2%, (1 stock pays no dividend)
CRS is the #2 pick in this set and the best alternative if long-term compounding and sleep-well-at-night is your priority.
- 16.0% 10Y total return vs KTOS's 12.4%
- Lower volatility, beta 1.42, Low D/E 39.1%, current ratio 3.65x
- PEG 0.25 vs HXL's 1.45
- 15.8% margin vs KTOS's 2.1%
TPC ranks third and is worth considering specifically for growth exposure.
- Rev growth 28.1%, EPS growth 148.2%, 3Y rev CAGR 13.5%
- 28.1% revenue growth vs HXL's -0.5%
- Lower P/E (22.7x vs 42.8x)
Among these 5 stocks, KTOS doesn't own a clear edge in any measured category.
MTRN is the clearest fit if your priority is momentum.
- +257.2% vs KTOS's +28.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 28.1% revenue growth vs HXL's -0.5% | |
| Value | Lower P/E (22.7x vs 42.8x) | |
| Quality / Margins | 15.8% margin vs KTOS's 2.1% | |
| Stability / Safety | Beta 0.98 vs KTOS's 2.17 | |
| Dividends | 0.7% yield, 3-year raise streak, vs MTRN's 0.2%, (1 stock pays no dividend) | |
| Momentum (1Y) | +257.2% vs KTOS's +28.6% | |
| Efficiency (ROA) | 13.6% ROA vs KTOS's 1.0%, ROIC 17.5% vs 1.4% |
HXL vs CRS vs TPC vs KTOS vs MTRN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
HXL vs CRS vs TPC vs KTOS vs MTRN — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CRS leads in 2 of 6 categories
TPC leads 1 • HXL leads 0 • KTOS leads 0 • MTRN leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CRS leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TPC is the larger business by revenue, generating $5.7B annually — 4.0x KTOS's $1.4B. CRS is the more profitable business, keeping 15.8% of every revenue dollar as net income compared to KTOS's 2.1%. On growth, MTRN holds the edge at +30.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.9B | $3.0B | $5.7B | $1.4B | $1.9B |
| EBITDAEarnings before interest/tax | $306M | $791M | $263M | $72M | $187M |
| Net IncomeAfter-tax profit | $118M | $479M | $126M | $29M | $76M |
| Free Cash FlowCash after capex | $251M | $407M | $703M | -$134M | $7M |
| Gross MarginGross profit ÷ Revenue | +24.2% | +29.7% | +11.7% | +18.3% | +15.8% |
| Operating MarginEBIT ÷ Revenue | +9.5% | +21.3% | +4.0% | +1.8% | +6.1% |
| Net MarginNet income ÷ Revenue | +6.1% | +15.8% | +2.2% | +2.1% | +4.0% |
| FCF MarginFCF ÷ Revenue | +13.0% | +13.5% | +12.4% | -9.5% | +0.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.3% | +11.6% | +11.5% | +22.6% | +30.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +40.0% | +47.3% | -9.4% | +133.3% | +8.2% |
Valuation Metrics
TPC leads this category, winning 6 of 7 comparable metrics.
Valuation Metrics
At 51.6x trailing earnings, TPC trades at a 88% valuation discount to KTOS's 417.0x P/E. Adjusting for growth (PEG ratio), CRS offers better value at 0.36x vs HXL's 2.44x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $7.4B | $29.1B | $4.1B | $10.2B | $5.7B |
| Enterprise ValueMkt cap + debt − cash | $8.3B | $29.6B | $3.8B | $9.8B | $6.3B |
| Trailing P/EPrice ÷ TTM EPS | 71.26x | 79.04x | 51.65x | 417.00x | 76.81x |
| Forward P/EPrice ÷ next-FY EPS est. | 42.36x | 55.44x | 22.65x | 70.93x | 42.85x |
| PEG RatioP/E ÷ EPS growth rate | 2.44x | 0.36x | — | — | 2.09x |
| EV / EBITDAEnterprise value multiple | 28.19x | 44.72x | 13.55x | 112.47x | 34.11x |
| Price / SalesMarket cap ÷ Revenue | 3.89x | 10.13x | 0.74x | 7.55x | 3.20x |
| Price / BookPrice ÷ Book value/share | 6.24x | 15.76x | 3.30x | 4.70x | 6.10x |
| Price / FCFMarket cap ÷ FCF | 23.97x | 101.85x | 7.26x | — | 114.48x |
Profitability & Efficiency
CRS leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
CRS delivers a 24.4% return on equity — every $100 of shareholder capital generates $24 in annual profit, vs $1 for KTOS. KTOS carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to HXL's 0.79x. On the Piotroski fundamental quality scale (0–9), CRS scores 7/9 vs KTOS's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +8.4% | +24.4% | +10.0% | +1.3% | +8.2% |
| ROA (TTM)Return on assets | +4.3% | +13.6% | +2.5% | +1.0% | +4.2% |
| ROICReturn on invested capital | +6.0% | +17.5% | +15.8% | +1.4% | +6.0% |
| ROCEReturn on capital employed | +7.2% | +17.9% | +12.1% | +1.5% | +7.7% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 | 7 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.79x | 0.39x | 0.37x | 0.09x | 0.64x |
| Net DebtTotal debt minus cash | $922M | $423M | -$299M | -$381M | $587M |
| Cash & Equiv.Liquid assets | $71M | $316M | $770M | $561M | $14M |
| Total DebtShort + long-term debt | $993M | $738M | $471M | $180M | $601M |
| Interest CoverageEBIT ÷ Interest expense | 4.45x | 13.82x | 9.14x | 6.16x | 4.07x |
Total Returns (Dividends Reinvested)
Evenly matched — CRS and TPC and MTRN each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CRS five years ago would be worth $146,446 today (with dividends reinvested), compared to $16,519 for HXL. Over the past 12 months, MTRN leads with a +257.2% total return vs KTOS's +28.6%. The 3-year compound annual growth rate (CAGR) favors TPC at 129.1% vs HXL's 11.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +27.5% | +73.5% | +12.6% | -31.6% | +114.2% |
| 1-Year ReturnPast 12 months | +80.9% | +134.0% | +86.2% | +28.6% | +257.2% |
| 3-Year ReturnCumulative with dividends | +37.3% | +1030.3% | +1102.6% | +294.5% | +152.8% |
| 5-Year ReturnCumulative with dividends | +65.2% | +1364.5% | +477.3% | +105.7% | +266.9% |
| 10-Year ReturnCumulative with dividends | +141.9% | +1604.4% | +237.8% | +1238.5% | +976.7% |
| CAGR (3Y)Annualised 3-year return | +11.1% | +124.4% | +129.1% | +58.0% | +36.2% |
Risk & Volatility
Evenly matched — HXL and MTRN each lead in 1 of 2 comparable metrics.
Risk & Volatility
HXL is the less volatile stock with a 0.98 beta — it tends to amplify market swings less than KTOS's 2.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MTRN currently trades 99.5% from its 52-week high vs KTOS's 40.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.98x | 1.42x | 1.63x | 2.17x | 1.76x |
| 52-Week HighHighest price in past year | $101.51 | $593.18 | $99.45 | $134.00 | $276.35 |
| 52-Week LowLowest price in past year | $53.87 | $228.00 | $41.16 | $39.00 | $76.09 |
| % of 52W HighCurrent price vs 52-week peak | +96.2% | +98.9% | +78.4% | +40.5% | +99.5% |
| RSI (14)Momentum oscillator 0–100 | 69.6 | 81.2 | 54.1 | 44.3 | 77.4 |
| Avg Volume (50D)Average daily shares traded | 959K | 624K | 451K | 4.2M | 266K |
Analyst Outlook
Evenly matched — HXL and MTRN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: HXL as "Hold", CRS as "Buy", TPC as "Buy", KTOS as "Buy", MTRN as "Buy". Consensus price targets imply 102.9% upside for KTOS (target: $110) vs -66.0% for TPC (target: $27). For income investors, HXL offers the higher dividend yield at 0.69% vs CRS's 0.14%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $90.25 | $465.80 | $26.50 | $110.00 | $161.00 |
| # AnalystsCovering analysts | 36 | 21 | 13 | 24 | 10 |
| Dividend YieldAnnual dividend ÷ price | +0.7% | +0.1% | +0.1% | — | +0.2% |
| Dividend StreakConsecutive years of raises | 3 | 0 | 0 | — | 13 |
| Dividend / ShareAnnual DPS | $0.67 | $0.79 | $0.06 | — | $0.55 |
| Buyback YieldShare repurchases ÷ mkt cap | +6.2% | +0.3% | 0.0% | 0.0% | +0.2% |
CRS leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TPC leads in 1 (Valuation Metrics). 3 tied.
HXL vs CRS vs TPC vs KTOS vs MTRN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is HXL or CRS or TPC or KTOS or MTRN a better buy right now?
For growth investors, Tutor Perini Corporation (TPC) is the stronger pick with 28.
1% revenue growth year-over-year, versus -0. 5% for Hexcel Corporation (HXL). Tutor Perini Corporation (TPC) offers the better valuation at 51. 6x trailing P/E (22. 7x forward), making it the more compelling value choice. Analysts rate Carpenter Technology Corporation (CRS) a "Buy" — based on 21 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 — HXL or CRS or TPC or KTOS or MTRN?
On trailing P/E, Tutor Perini Corporation (TPC) is the cheapest at 51.
6x versus Kratos Defense & Security Solutions, Inc. at 417. 0x. On forward P/E, Tutor Perini Corporation is actually cheaper at 22. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Carpenter Technology Corporation wins at 0. 25x versus Hexcel Corporation's 1. 45x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — HXL or CRS or TPC or KTOS or MTRN?
Over the past 5 years, Carpenter Technology Corporation (CRS) delivered a total return of +1364%, compared to +65.
2% for Hexcel Corporation (HXL). Over 10 years, the gap is even starker: CRS returned +1604% versus HXL's +141. 9%. 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 — HXL or CRS or TPC or KTOS or MTRN?
By beta (market sensitivity over 5 years), Hexcel Corporation (HXL) is the lower-risk stock at 0.
98β versus Kratos Defense & Security Solutions, Inc. 's 2. 17β — meaning KTOS is approximately 121% more volatile than HXL relative to the S&P 500. On balance sheet safety, Kratos Defense & Security Solutions, Inc. (KTOS) carries a lower debt/equity ratio of 9% versus 79% for Hexcel Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — HXL or CRS or TPC or KTOS or MTRN?
By revenue growth (latest reported year), Tutor Perini Corporation (TPC) is pulling ahead at 28.
1% versus -0. 5% for Hexcel Corporation (HXL). On earnings-per-share growth, the picture is similar: Materion Corporation grew EPS 1179% year-over-year, compared to -13. 8% for Hexcel Corporation. Over a 3-year CAGR, CRS leads at 16. 1% 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 — HXL or CRS or TPC or KTOS or MTRN?
Carpenter Technology Corporation (CRS) is the more profitable company, earning 13.
1% net margin versus 1. 5% for Tutor Perini Corporation — meaning it keeps 13. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CRS leads at 18. 1% versus 2. 1% for KTOS. At the gross margin level — before operating expenses — CRS leads at 26. 7%, 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 HXL or CRS or TPC or KTOS or MTRN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Carpenter Technology Corporation (CRS) is the more undervalued stock at a PEG of 0. 25x versus Hexcel Corporation's 1. 45x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Tutor Perini Corporation (TPC) trades at 22. 7x forward P/E versus 70. 9x for Kratos Defense & Security Solutions, Inc. — 48. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KTOS: 102. 9% to $110. 00.
08Which pays a better dividend — HXL or CRS or TPC or KTOS or MTRN?
In this comparison, HXL (0.
7% yield), MTRN (0. 2% yield), CRS (0. 1% yield) pay a dividend. TPC, KTOS do not pay a meaningful dividend and should not be held primarily for income.
09Is HXL or CRS or TPC or KTOS or MTRN better for a retirement portfolio?
For long-horizon retirement investors, Carpenter Technology Corporation (CRS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+1604% 10Y return).
Tutor Perini Corporation (TPC) carries a higher beta of 1. 63 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CRS: +1604%, TPC: +237. 8%), 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 HXL and CRS and TPC and KTOS and MTRN?
These companies operate in different sectors (HXL (Industrials) and CRS (Industrials) and TPC (Industrials) and KTOS (Industrials) and MTRN (Basic Materials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: HXL is a small-cap quality compounder stock; CRS is a mid-cap quality compounder stock; TPC is a small-cap high-growth stock; KTOS is a mid-cap high-growth stock; MTRN is a small-cap quality compounder stock. HXL pays a dividend while CRS, TPC, KTOS, MTRN do not, making them suitable for different income and tax situations. 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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