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CRDO vs. LRCX: Credo vs. Lam Research Stock Comparison

How do Credo (CRDO) and Lam Research (LRCX) 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

Credo (CRDO) and Lam Research (LRCX) both belong to the Semiconductors & Semiconductor Equipment industry, though CRDO is classified under Semiconductors while LRCX falls under Semiconductor Materials & Equipment.

Lam Research (LRCX) has more than two decades of public-market history since May 4, 1984, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Company profile comparison for Credo (CRDO) and Lam Research (LRCX)
Profile ItemCRDOLRCX
NameCredo Technology Group Holding LtdLam Research Corp.
Country/RegionCayman IslandsUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductor Materials & Equipment
Market Capitalization22.65 billion USD250.84 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJanuary 27, 2022May 4, 1984
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
LRCX
GSPC
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Credo (CRDO) vs. Lam Research (LRCX), 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 Credo (CRDO) and Lam Research (LRCX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Credo (CRDO) and Lam Research (LRCX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Total Return (1Y)-17.42%36.98%
Total Return (3Y, Annualized)107.84%50.75%
Total Return (5Y, Annualized)--29.74%

Risk Profile

Drawdown History

CRDO
LRCX
GSPC
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Credo (CRDO) vs. Lam Research (LRCX), 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 Credo (CRDO) and Lam Research (LRCX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Volatility (1Y, Annualized)98.54%68.85%
Beta (5Y)3.312.02
Max Drawdown (5Y)-62.87%-57.22%
Avg. Volume (3M)8.02M9.82M

Risk-Adjusted Performance

Risk-Return Positioning

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CRDO and LRCX 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 Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Sharpe Ratio (1Y)-0.220.47
Sortino Ratio (1Y)-0.320.69

Profitability

ROE (TTM)

Both companies show strong equity returns, but Lam Research (LRCX) at 70.12% is the standout with ROE above its industry range; Credo (CRDO) at 30.67% also sits in the top quartile.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

70.12%

LRCX
70.12%
Max
52.82%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Credo (CRDO) at 33.83% and Lam Research (LRCX) at 32.34% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

32.34%

Max
63.80%
LRCX
32.34%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Lam Research (LRCX) at 39.95% operates in the top operating margin quartile, ahead of Credo (CRDO) at 25.20%, which runs around its industry’s norm.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

39.95%

Max
58.66%
LRCX
39.95%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
ROE (TTM)30.67%70.12%
ROA (TTM)16.11%25.01%
Net Margin (TTM)33.83%32.34%
Operating Margin (TTM)25.20%39.95%
Gross Margin (TTM)67.07%51.05%

Growth

Revenue Growth

Both companies are growing quickly, but Credo (CRDO) at 205.68% is the standout with revenue growth above its industry range; Lam Research (LRCX) at 26.02% also sits in the top quartile.

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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Credo (CRDO) at 765.52% clears its industry range for EPS growth, a much stronger earnings trajectory than Lam Research (LRCX) at 38.80%, which is closer to a typical peer reading.

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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Revenue Growth (YoY)205.68%26.02%
Revenue Growth (3Y CAGR)93.53%10.06%
EPS Growth (YoY)765.52%38.80%
EPS Growth (3Y CAGR)--20.15%

Financial Strength

Current Ratio (MRQ)

Lam Research (LRCX) at 2.48 keeps current ratio within its industry’s typical mid-range, while Credo (CRDO) at 7.40 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

2.48

Max
10.33
Q3
5.62
Median
3.33
LRCX
2.48
Q1
2.35
Min
1.03
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Credo (CRDO) vs. Lam Research (LRCX): 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 Lam Research (LRCX) at 0.27 runs a more typical debt-to-equity mix.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

0.27

Max
1.46
Q3
0.65
LRCX
0.27
Median
0.27
Q1
0.04
Min
0.00
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Current Ratio (MRQ)7.402.48
Debt / Equity (MRQ)0.010.27
Net Debt / EBITDA-1.36-0.37

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 Lam Research (LRCX) reports a yield of 0.60%, ranking against industry peers normally.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

0.60%

Max
1.37%
Q3
0.65%
LRCX
0.60%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Lam Research (LRCX): 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 Lam Research (LRCX) reports a payout of 16.54%, ranking against industry peers normally.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

16.54%

Max
49.64%
Q3
21.71%
LRCX
16.54%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
Dividend Yield (TTM)0.00%0.60%
Dividend Payout Ratio (TTM)0.00%16.54%

Valuation

P/E Ratio (TTM)

Both Credo (CRDO) at 42.73 and Lam Research (LRCX) at 29.87 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

29.87

Max
110.34
Q3
66.81
Median
37.02
LRCX
29.87
Q1
23.96
Min
8.12
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Lam Research (LRCX) at 9.60 is priced about in line with its industry on P/S ratio, while Credo (CRDO) at 14.24 sits in the pricier quartile — CRDO costs more per dollar of sales.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

9.60

Max
21.42
Q3
12.27
LRCX
9.60
Median
5.76
Q1
2.73
Min
0.00
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Credo (CRDO) at 8.29 sits in the upper P/B ratio quartile, and Lam Research (LRCX) at 18.00 prices even higher, above its industry range.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

18.00

LRCX
18.00
Max
14.06
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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Credo (CRDO) vs. Lam Research (LRCX): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Lam Research (LRCX)
MetricCRDOLRCX
P/E Ratio (TTM)42.7329.87
P/S Ratio (TTM)14.249.60
P/B Ratio (MRQ)8.2918.00
Free Cash Flow Yield (TTM)1.10%1.81%