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CRCL vs. DDOG: Circle Internet vs. Datadog Stock Comparison

How do Circle Internet (CRCL) and Datadog (DDOG) 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

Circle Internet (CRCL) and Datadog (DDOG) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Datadog (DDOG) has been public since September 19, 2019, giving it a longer listed trading history, while Circle Internet (CRCL) listed on June 5, 2025 and still has a shorter public-market record.

Company profile comparison for Circle Internet (CRCL) and Datadog (DDOG)
Profile ItemCRCLDDOG
NameCircle Internet Group, Inc. Class ADatadog Inc. Class A
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustryApplication SoftwareApplication Software
Market Capitalization17.41 billion USD64.64 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 5, 2025September 19, 2019
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRCL
DDOG
GSPC
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Circle Internet (CRCL) vs. Datadog (DDOG), 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 Circle Internet (CRCL) and Datadog (DDOG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Circle Internet (CRCL) and Datadog (DDOG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Total Return (1Y)-33.88%-5.64%
Total Return (3Y, Annualized)--21.65%
Total Return (5Y, Annualized)---1.69%

Risk Profile

Drawdown History

CRCL
DDOG
GSPC
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Circle Internet (CRCL) vs. Datadog (DDOG), 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 Circle Internet (CRCL) and Datadog (DDOG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Volatility (1Y, Annualized)96.01%70.49%
Beta (5Y)0.841.57
Max Drawdown (5Y)-80.93%-68.11%
Avg. Volume (3M)12.74M3.82M

Risk-Adjusted Performance

Risk-Return Positioning

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CRCL and DDOG 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 Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Sharpe Ratio (1Y)-0.40-0.14
Sortino Ratio (1Y)-0.61-0.21

Profitability

ROE (TTM)

Both Circle Internet (CRCL) at 13.44% and Datadog (DDOG) at 6.43% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CRCL

Software & Services industry group

13.44%

Max
53.85%
Q3
17.90%
CRCL
13.44%
Median
6.59%
Q1
-9.59%
Min
-50.52%

DDOG

Software & Services industry group

6.43%

Max
53.85%
Q3
17.90%
Median
6.59%
DDOG
6.43%
Q1
-9.59%
Min
-50.52%
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both Circle Internet (CRCL) at 15.28% and Datadog (DDOG) at 6.12% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CRCL

Software & Services industry group

15.28%

Max
41.17%
CRCL
15.28%
Q3
15.28%
Median
4.63%
Q1
-5.42%
Min
-33.17%

DDOG

Software & Services industry group

6.12%

Max
41.17%
Q3
15.28%
DDOG
6.12%
Median
4.63%
Q1
-5.42%
Min
-33.17%
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Circle Internet (CRCL) at 24.09% operates in the top operating margin quartile, ahead of Datadog (DDOG) at 6.33%, which runs around its industry’s norm.

CRCL

Software & Services industry group

24.09%

Max
46.89%
CRCL
24.09%
Q3
17.64%
Median
8.73%
Q1
-2.13%
Min
-30.45%

DDOG

Software & Services industry group

6.33%

Max
46.89%
Q3
17.64%
Median
8.73%
DDOG
6.33%
Q1
-2.13%
Min
-30.45%
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
ROE (TTM)13.44%6.43%
ROA (TTM)0.28%0.91%
Net Margin (TTM)15.28%6.12%
Operating Margin (TTM)24.09%6.33%
Gross Margin (TTM)26.58%79.61%

Growth

Revenue Growth

Both companies are growing quickly, but Circle Internet (CRCL) at 63.86% is the standout with revenue growth above its industry range; Datadog (DDOG) at 27.68% also sits in the top quartile.

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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither side shows strong earnings momentum: Datadog (DDOG) at -40.38% sits in the bottom EPS growth quartile, and Circle Internet (CRCL) at -640.54% is weaker still, below its industry range.

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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Revenue Growth (YoY)63.86%27.68%
Revenue Growth (3Y CAGR)52.66%26.95%
EPS Growth (YoY)-640.54%-40.38%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Circle Internet (CRCL) at 1.04 keeps current ratio within its industry’s typical mid-range, while Datadog (DDOG) at 3.51 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CRCL

Software & Services industry group

1.04

Max
5.11
Q3
2.77
Median
1.67
CRCL
1.04
Q1
1.01
Min
0.03

DDOG

Software & Services industry group

3.51

Max
5.11
DDOG
3.51
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Circle Internet (CRCL) at 0.00 keeps leverage in the lower industry quartile, while Datadog (DDOG) at 0.28 runs a more typical debt-to-equity mix.

CRCL

Software & Services industry group

0.00

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
CRCL
0.00
Min
0.00

DDOG

Software & Services industry group

0.28

Max
2.52
Q3
1.13
Median
0.40
DDOG
0.28
Q1
0.07
Min
0.00
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Current Ratio (MRQ)1.043.51
Debt / Equity (MRQ)0.000.28
Net Debt / EBITDA-4.68-23.06

Dividends

Dividend Yield (TTM)

Neither Circle Internet (CRCL) nor Datadog (DDOG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CRCL

Software & Services industry group

0.00%

CRCL
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

DDOG

Software & Services industry group

0.00%

DDOG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Circle Internet (CRCL) nor Datadog (DDOG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CRCL

Software & Services industry group

0.00%

CRCL
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

DDOG

Software & Services industry group

0.00%

DDOG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Circle Internet (CRCL) at 40.89 is near its industry’s usual P/E ratio, while Datadog (DDOG) at 248.67 sits above its peer range — an unusually expensive price for DDOG’s trailing earnings.

CRCL

Software & Services industry group

40.89

Max
112.94
Q3
60.32
CRCL
40.89
Median
32.91
Q1
18.77
Min
6.69

DDOG

Software & Services industry group

248.67

DDOG
248.67
Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Circle Internet (CRCL) at 5.75 is priced about in line with its industry on P/S ratio, while Datadog (DDOG) at 15.11 sits in the pricier quartile — DDOG costs more per dollar of sales.

CRCL

Software & Services industry group

5.75

Max
17.91
Q3
8.78
CRCL
5.75
Median
4.25
Q1
2.23
Min
0.02

DDOG

Software & Services industry group

15.11

Max
17.91
DDOG
15.11
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Circle Internet (CRCL) at 4.50 is valued about in line with its industry on P/B ratio, while Datadog (DDOG) at 13.71 carries an above-peer premium to book — DDOG is pricier on assets.

CRCL

Software & Services industry group

4.50

Max
16.63
Q3
8.50
CRCL
4.50
Median
4.30
Q1
1.92
Min
-3.90

DDOG

Software & Services industry group

13.71

Max
16.63
DDOG
13.71
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
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Circle Internet (CRCL) vs. Datadog (DDOG): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Circle Internet (CRCL) and Datadog (DDOG)
MetricCRCLDDOG
P/E Ratio (TTM)40.89248.67
P/S Ratio (TTM)5.7515.11
P/B Ratio (MRQ)4.5013.71
Free Cash Flow Yield (TTM)1.43%1.65%