CRCL vs. SNOW: Circle Internet vs. Snowflake Stock Comparison
How do Circle Internet (CRCL) and Snowflake (SNOW) 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 Snowflake (SNOW) both fall under the Software & Services industry group, but CRCL is classified in Software while SNOW is classified in IT Services.
| Profile Item | CRCL | SNOW |
|---|---|---|
| Name | Circle Internet Group, Inc. Class A | Snowflake Inc. Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 17.41 billion USD | 97.33 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 5, 2025 | September 16, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Total Return (1Y) | -33.88% | 10.92% |
| Total Return (3Y, Annualized) | -- | 23.09% |
| Total Return (5Y, Annualized) | -- | -5.00% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Volatility (1Y, Annualized) | 96.01% | 67.14% |
| Beta (5Y) | 0.84 | 1.33 |
| Max Drawdown (5Y) | -80.93% | -72.99% |
| Avg. Volume (3M) | 12.74M | 4.67M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.40 | 0.10 |
| Sortino Ratio (1Y) | -0.61 | 0.17 |
Profitability
ROE (TTM)
Snowflake (SNOW) reports a negative ROE of -48.06%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Circle Internet (CRCL) reports 13.44%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-48.06%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- SNOW
- -48.06%
- Min
- -50.52%
Net Margin (TTM)
Snowflake (SNOW) reports a negative net margin of -20.07%, usually indicating a net loss over the period. Meanwhile Circle Internet (CRCL) reports 15.28%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-20.07%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- SNOW
- -20.07%
- Min
- -33.17%
Operating Margin (TTM)
Snowflake (SNOW) reports a negative operating margin of -17.00%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Circle Internet (CRCL) reports 24.09%, ranking against industry peers normally.
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%
SNOW
Software & Services industry group
-17.00%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- SNOW
- -17.00%
- Min
- -30.45%
Profitability Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| ROE (TTM) | 13.44% | -48.06% |
| ROA (TTM) | 0.28% | -9.02% |
| Net Margin (TTM) | 15.28% | -20.07% |
| Operating Margin (TTM) | 24.09% | -17.00% |
| Gross Margin (TTM) | 26.58% | 67.03% |
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; Snowflake (SNOW) at 29.16% also sits in the top quartile.
EPS Growth
Only one side can be read here: Circle Internet (CRCL) reports EPS growth of -640.54%, ranked against its industry; Snowflake (SNOW) has no EPS growth figure this period.
Growth Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Revenue Growth (YoY) | 63.86% | 29.16% |
| Revenue Growth (3Y CAGR) | 52.66% | 31.38% |
| EPS Growth (YoY) | -640.54% | -- |
| 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 Snowflake (SNOW) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SNOW.
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
SNOW
Software & Services industry group
0.94
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- SNOW
- 0.94
- Min
- 0.03
Debt / Equity (MRQ)
Circle Internet (CRCL) at 0.00 keeps leverage in the lower quartile, while Snowflake (SNOW) at 1.29 sits in the higher-leverage quartile.
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
SNOW
Software & Services industry group
1.29
- Max
- 2.52
- SNOW
- 1.29
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Current Ratio (MRQ) | 1.04 | 0.94 |
| Debt / Equity (MRQ) | 0.00 | 1.29 |
| Net Debt / EBITDA | -4.68 | -- |
Dividends
Dividend Yield (TTM)
Neither Circle Internet (CRCL) nor Snowflake (SNOW) 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%
SNOW
Software & Services industry group
0.00%
- SNOW
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Circle Internet (CRCL) nor Snowflake (SNOW) 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%
SNOW
Software & Services industry group
0.00%
- SNOW
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Circle Internet (CRCL) trades at 40.89 times trailing earnings, ranked against its peers, while Snowflake (SNOW) has no P/E ratio this period.
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
SNOW
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- SNOW
- --
P/S Ratio (TTM)
Circle Internet (CRCL) at 5.75 is priced about in line with its industry on P/S ratio, while Snowflake (SNOW) at 17.91 sits in the pricier quartile — SNOW 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
SNOW
Software & Services industry group
17.91
- SNOW
- 17.91
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Circle Internet (CRCL) at 4.50 sits near its industry’s typical P/B ratio, while Snowflake (SNOW) at 45.23 prices above its benchmark range — SNOW looks rich relative to book.
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
SNOW
Software & Services industry group
45.23
- SNOW
- 45.23
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CRCL | SNOW |
|---|---|---|
| P/E Ratio (TTM) | 40.89 | -- |
| P/S Ratio (TTM) | 5.75 | 17.91 |
| P/B Ratio (MRQ) | 4.50 | 45.23 |
| Free Cash Flow Yield (TTM) | 1.43% | 1.79% |