CWAN vs KRMN

Comparison between Clearwater Analytics Holdings, Inc. (CWAN, Company) and Karman Holdings Inc (KRMN, Company).

CWAN is from the Technology sector, while KRMN is from the Industrials sector.

CWAN vs KRMN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWAN(COMPANY)	KRMN(COMPANY)
Market Cap	$7.24B	$7.28B
Max Drawdown	54.15%	61.11%
Sharpe Ratio	0.41	0.62
5Y Beta	0.80	1.51
Industry	Software - Application	Aerospace & Defense
P/E Ratio	-236.87	417.02
Forward P/E	35.59	104.17
PEG Ratio	1.78	N/A
Debt to Equity	39.35%	1.38%
Free Cash Flow Yield	2.11%	-0.43%
P/S Ratio	8.88	13.93
P/B Ratio	3.56	17.94

Market Cap

CWAN

$7.24B

Winner

KRMN

$7.28B

Max Drawdown

Winner

CWAN

54.15%

KRMN

61.11%

Sharpe Ratio

CWAN

0.41

Winner

KRMN

0.62

5Y Beta

Winner

CWAN

0.80

KRMN

1.51

Industry

CWAN

Software - Application

KRMN

Aerospace & Defense

P/E Ratio

Winner

CWAN

-236.87

KRMN

417.02

Forward P/E

Winner

CWAN

35.59

KRMN

104.17

PEG Ratio

CWAN

1.78

KRMN

N/A

Debt to Equity

CWAN

39.35%

Winner

KRMN

1.38%

Free Cash Flow Yield

Winner

CWAN

2.11%

KRMN

-0.43%

P/S Ratio

Winner

CWAN

8.88

KRMN

13.93

P/B Ratio

Winner

CWAN

3.56

KRMN

17.94

CWAN vs KRMN - Historical Returns

Returns include dividend reinvestment.

Period	CWAN	KRMN
1 month	+0.74%	+3.15%
3 months	+3.19%	-34.32%
6 months	+1.87%	-26.65%
1 year	+12.82%	+24.60%
5 years(CAGR)	-0.68%	N/A
Max(CAGR)	-0.68%	+57.76%

CWAN

+0.74%

Winner

KRMN

+3.15%

Winner

CWAN

+3.19%

KRMN

-34.32%

Winner

CWAN

+1.87%

KRMN

-26.65%

CWAN

+12.82%

Winner

KRMN

+24.60%

5Y(CAGR)

CWAN

-0.68%

KRMN

N/A

Max(CAGR)

CWAN

-0.68%

Winner

KRMN

+57.76%

CWAN vs KRMN - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	CWAN	KRMN
2026	+1.87%	-26.65%
2025	-11.36%	+143.49%
2024	+41.27%	N/A
2023	+7.69%	N/A
2022	-12.38%	N/A
2021	-9.42%	N/A

CWAN vs KRMN Drawdown Comparison

The maximum drawdown for CWAN was -54.15%, occurring on Jun 30, 2022. Recovery took 749 trading sessions.

The maximum drawdown for KRMN was -61.11%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The current CWAN drawdown is -25.10%. The current KRMN drawdown is -51.11%.

Rank	CWAN	KRMN
#1	-54.15% Oct 22, 2021 - Oct 16, 2024	-61.11% Jan 28, 2026 - Jun 24, 2026
#2	-51.54% Nov 7, 2024 - Nov 6, 2025	-33.04% Nov 3, 2025 - Jan 6, 2026
#3	-14.73% Sep 29, 2021 - Oct 21, 2021	-28.63% Mar 24, 2025 - May 2, 2025
#4	-4.71% Oct 18, 2024 - Nov 6, 2024	-18.69% Jul 17, 2025 - Sep 5, 2025
#5	-0.63% Sep 24, 2021 - Sep 28, 2021	-15.76% Mar 3, 2025 - Mar 17, 2025
#6	N/A	-11.02% Jun 27, 2025 - Jul 16, 2025
#7	N/A	-8.94% Feb 14, 2025 - Mar 3, 2025
#8	N/A	-6.08% May 15, 2025 - May 27, 2025
#9	N/A	-5.77% Mar 19, 2025 - Mar 24, 2025
#10	N/A	-5.42% Jun 9, 2025 - Jun 12, 2025
#11	N/A	-5.37% May 27, 2025 - Jun 5, 2025
#12	N/A	-5.11% Oct 13, 2025 - Oct 23, 2025
#13	N/A	-4.29% Jan 15, 2026 - Jan 22, 2026
#14	N/A	-3.93% Jun 17, 2025 - Jun 24, 2025
#15	N/A	-3.04% Jan 22, 2026 - Jan 27, 2026

Correlation

Correlation between CWAN and KRMN is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

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