ADI vs. CRDO: Analog Devices vs. Credo Stock Comparison
How do Analog Devices (ADI) and Credo (CRDO) 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
Analog Devices (ADI) and Credo (CRDO) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Analog Devices (ADI) has more than two decades of public-market history since March 17, 1980, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.
| Profile Item | ADI | CRDO |
|---|---|---|
| Name | Analog Devices, Inc. | Credo Technology Group Holding Ltd |
| Country/Region | United States | Cayman Islands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 176.17 billion USD | 22.65 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | January 27, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADI | CRDO |
|---|---|---|
| Total Return (1Y) | 71.72% | -17.42% |
| Total Return (3Y, Annualized) | 34.43% | 107.84% |
| Total Return (5Y, Annualized) | 17.89% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Credo (CRDO) carries a highly aggressive beta of 3.31, indicating much higher sensitivity to broad-market moves, whereas Analog Devices (ADI) is closer to market-like at 1.26 — a noticeable difference in market-sensitivity profile.
| Metric | ADI | CRDO |
|---|---|---|
| Volatility (1Y, Annualized) | 38.89% | 98.54% |
| Beta (5Y) | 1.26 | 3.31 |
| Max Drawdown (5Y) | -32.20% | -62.87% |
| Avg. Volume (3M) | 3.74M | 8.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADI | CRDO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.73 | -0.22 |
| Sortino Ratio (1Y) | 2.56 | -0.32 |
Profitability
ROE (TTM)
Credo (CRDO) at 30.67% sits in the top ROE quartile, while Analog Devices (ADI) at 12.23% is closer to the peer norm — stronger capital efficiency for CRDO.
ADI
Semiconductors & Semiconductor Equipment industry group
12.23%
- Max
- 52.82%
- Q3
- 22.26%
- ADI
- 12.23%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
CRDO
Semiconductors & Semiconductor Equipment industry group
30.67%
- Max
- 52.82%
- CRDO
- 30.67%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Analog Devices (ADI) at 29.79% and Credo (CRDO) at 33.83% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ADI
Semiconductors & Semiconductor Equipment industry group
29.79%
- Max
- 63.80%
- ADI
- 29.79%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
CRDO
Semiconductors & Semiconductor Equipment industry group
33.83%
- Max
- 63.80%
- CRDO
- 33.83%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Analog Devices (ADI) at 39.50% operates in the top operating margin quartile, ahead of Credo (CRDO) at 25.20%, which runs around its industry’s norm.
ADI
Semiconductors & Semiconductor Equipment industry group
39.50%
- Max
- 58.66%
- ADI
- 39.50%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
CRDO
Semiconductors & Semiconductor Equipment industry group
25.20%
- Max
- 58.66%
- Q3
- 30.23%
- CRDO
- 25.20%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ADI | CRDO |
|---|---|---|
| ROE (TTM) | 12.23% | 30.67% |
| ROA (TTM) | 6.41% | 16.11% |
| Net Margin (TTM) | 29.79% | 33.83% |
| Operating Margin (TTM) | 39.50% | 25.20% |
| Gross Margin (TTM) | 65.80% | 67.07% |
Growth
Revenue Growth
Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than Analog Devices (ADI) at 16.89%, which is closer to a typical peer reading.
EPS Growth
Both companies show strong earnings momentum, but Credo (CRDO) at 765.52% is the standout with EPS growth above its industry range; Analog Devices (ADI) at 39.02% also sits in the top quartile.
Growth Metrics
| Metric | ADI | CRDO |
|---|---|---|
| Revenue Growth (YoY) | 16.89% | 205.68% |
| Revenue Growth (3Y CAGR) | -2.84% | 93.53% |
| EPS Growth (YoY) | 39.02% | 765.52% |
| EPS Growth (3Y CAGR) | -4.59% | -- |
Financial Strength
Current Ratio (MRQ)
Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
ADI
Semiconductors & Semiconductor Equipment industry group
1.25
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- ADI
- 1.25
- Min
- 1.03
CRDO
Semiconductors & Semiconductor Equipment industry group
7.40
- Max
- 10.33
- CRDO
- 7.40
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Credo (CRDO) at 0.01 keeps leverage in the lower industry quartile, while Analog Devices (ADI) at 0.27 runs a more typical debt-to-equity mix.
ADI
Semiconductors & Semiconductor Equipment industry group
0.27
- Max
- 1.46
- Q3
- 0.65
- ADI
- 0.27
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
CRDO
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- CRDO
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | ADI | CRDO |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 7.40 |
| Debt / Equity (MRQ) | 0.27 | 0.01 |
| Net Debt / EBITDA | 0.99 | -1.36 |
Dividends
Dividend Yield (TTM)
Credo (CRDO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
1.19%
- Max
- 1.37%
- ADI
- 1.19%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Credo (CRDO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a payout of 49.64%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
49.64%
- ADI
- 49.64%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADI | CRDO |
|---|---|---|
| Dividend Yield (TTM) | 1.19% | 0.00% |
| Dividend Payout Ratio (TTM) | 49.64% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Analog Devices (ADI) at 43.18 and Credo (CRDO) at 42.73 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ADI
Semiconductors & Semiconductor Equipment industry group
43.18
- Max
- 110.34
- Q3
- 66.81
- ADI
- 43.18
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
CRDO
Semiconductors & Semiconductor Equipment industry group
42.73
- Max
- 110.34
- Q3
- 66.81
- CRDO
- 42.73
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Both Analog Devices (ADI) at 12.69 and Credo (CRDO) at 14.24 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
ADI
Semiconductors & Semiconductor Equipment industry group
12.69
- Max
- 21.42
- ADI
- 12.69
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
CRDO
Semiconductors & Semiconductor Equipment industry group
14.24
- Max
- 21.42
- CRDO
- 14.24
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Analog Devices (ADI) at 5.25 is valued about in line with its industry on P/B ratio, while Credo (CRDO) at 8.29 carries an above-peer premium to book — CRDO is pricier on assets.
ADI
Semiconductors & Semiconductor Equipment industry group
5.25
- Max
- 14.06
- Q3
- 7.44
- ADI
- 5.25
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
CRDO
Semiconductors & Semiconductor Equipment industry group
8.29
- Max
- 14.06
- CRDO
- 8.29
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ADI | CRDO |
|---|---|---|
| P/E Ratio (TTM) | 43.18 | 42.73 |
| P/S Ratio (TTM) | 12.69 | 14.24 |
| P/B Ratio (MRQ) | 5.25 | 8.29 |
| Free Cash Flow Yield (TTM) | 2.35% | 1.10% |