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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.

Company profile comparison for Analog Devices (ADI) and Credo (CRDO)
Profile ItemADICRDO
NameAnalog Devices, Inc.Credo Technology Group Holding Ltd
Country/RegionUnited StatesCayman Islands
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization176.17 billion USD22.65 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 17, 1980January 27, 2022
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ADI
CRDO
GSPC
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Analog Devices (ADI) vs. Credo (CRDO), 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

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Trailing total returns for Analog Devices (ADI) and Credo (CRDO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Analog Devices (ADI) and Credo (CRDO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
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

ADI
CRDO
GSPC
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Analog Devices (ADI) vs. Credo (CRDO), 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

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Distribution of monthly total returns for Analog Devices (ADI) and Credo (CRDO). Each bar is the share of months whose return fell in that 5% bucket.

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.

Risk profile metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
Volatility (1Y, Annualized)38.89%98.54%
Beta (5Y)1.263.31
Max Drawdown (5Y)-32.20%-62.87%
Avg. Volume (3M)3.74M8.02M

Risk-Adjusted Performance

Risk-Return Positioning

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ADI and CRDO 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 Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
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%
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
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.

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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their Revenue Growth across different time periods.

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.

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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
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
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
Current Ratio (MRQ)1.257.40
Debt / Equity (MRQ)0.270.01
Net Debt / EBITDA0.99-1.36

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%
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
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
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Analog Devices (ADI) vs. Credo (CRDO): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and Credo (CRDO)
MetricADICRDO
P/E Ratio (TTM)43.1842.73
P/S Ratio (TTM)12.6914.24
P/B Ratio (MRQ)5.258.29
Free Cash Flow Yield (TTM)2.35%1.10%