CRDO vs. MU: Credo Technology Group vs. Micron Technology Stock Comparison
How do Credo Technology Group (CRDO) and Micron Technology (MU) 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 Technology Group (CRDO) and Micron Technology (MU) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Micron Technology (MU) has more than two decades of public-market history since June 1, 1984, whereas Credo Technology Group (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.
| Profile Item | CRDO | MU |
|---|---|---|
| Name | Credo Technology Group Holding Ltd. | Micron Technology, Inc. |
| Country/Region | Cayman Islands | United States |
| 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 | 56.41 billion USD | 1,366.11 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 27, 2022 | June 1, 1984 |
| Security Type | Common Stock | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | CRDO | MU |
|---|---|---|
| Total Return (1Y) | 253.78% | 882.43% |
Risk
Drawdown
Risk at a Glance
| Metric | CRDO | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 87.00% | 71.57% |
| Beta (5Y) | 3.17 | 2.12 |
| Avg. Volume (3M) | 7.75M | 50.72M |
Profitability
ROE (TTM)
Both Credo Technology Group (CRDO) at 34.41% and Micron Technology (MU) at 39.82% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CRDO
Semiconductors & Semiconductor Equipment industry group
34.41%
- Max
- 39.82%
- CRDO
- 34.41%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
MU
Semiconductors & Semiconductor Equipment industry group
39.82%
- MU
- 39.82%
- Max
- 39.82%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
Net Margin (TTM)
For every dollar of sales, both Credo Technology Group (CRDO) at 35.37% and Micron Technology (MU) at 41.49% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CRDO
Semiconductors & Semiconductor Equipment industry group
35.37%
- Max
- 57.72%
- CRDO
- 35.37%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
MU
Semiconductors & Semiconductor Equipment industry group
41.49%
- Max
- 57.72%
- MU
- 41.49%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
Operating Margin (TTM)
Micron Technology (MU) at 67.62% shows unusually strong operating efficiency — above its industry’s operating margin range — and Credo Technology Group (CRDO) at 35.66% also operates in the top quartile.
CRDO
Semiconductors & Semiconductor Equipment industry group
35.66%
- Max
- 65.60%
- CRDO
- 35.66%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
MU
Semiconductors & Semiconductor Equipment industry group
67.62%
- MU
- 67.62%
- Max
- 65.60%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
Profitability at a Glance
| Metric | CRDO | MU |
|---|---|---|
| ROE (TTM) | 34.41% | 39.82% |
| ROA (TTM) | 17.92% | 20.15% |
| Net Margin (TTM) | 35.37% | 41.49% |
| Operating Margin (TTM) | 35.66% | 67.62% |
| Gross Margin (TTM) | 68.04% | 58.44% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | CRDO | MU |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 48.85% |
| Revenue Growth (3Y CAGR) | 93.53% | 6.71% |
EPS Growth
EPS Growth at a Glance
| Metric | CRDO | MU |
|---|---|---|
| EPS Growth (YoY) | 765.52% | 984.29% |
| EPS Growth (3Y CAGR) | -- | -0.69% |
Financial Strength
Current Ratio (MRQ)
Micron Technology (MU) at 2.90 keeps current ratio within its industry’s typical mid-range, while Credo Technology Group (CRDO) at 10.15 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
10.15
- Max
- 11.30
- CRDO
- 10.15
- Q3
- 6.01
- Median
- 3.26
- Q1
- 2.37
- Min
- 0.51
MU
Semiconductors & Semiconductor Equipment industry group
2.90
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- MU
- 2.90
- Q1
- 2.37
- Min
- 0.51
Debt / Equity (MRQ)
Credo Technology Group (CRDO) at 0.01 keeps leverage in the lower industry quartile, while Micron Technology (MU) at 0.15 runs a more typical debt-to-equity mix.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.04
- CRDO
- 0.01
- Min
- 0.00
MU
Semiconductors & Semiconductor Equipment industry group
0.15
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- MU
- 0.15
- Q1
- 0.04
- Min
- 0.00
Financial Strength at a Glance
| Metric | CRDO | MU |
|---|---|---|
| Current Ratio (MRQ) | 10.15 | 2.90 |
| Debt / Equity (MRQ) | 0.01 | 0.15 |
| Net Debt / EBITDA | -2.96 | -0.10 |
Dividends
Dividend Yield (TTM)
Credo Technology Group (CRDO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron Technology (MU) reports a yield of 0.04%, ranking against industry peers normally.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- CRDO
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
0.04%
- MU
- 0.04%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Credo Technology Group (CRDO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron Technology (MU) reports a payout of 2.17%, ranking against industry peers normally.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 41.26%
- Q3
- 19.05%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
2.17%
- Max
- 41.26%
- Q3
- 19.05%
- MU
- 2.17%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | CRDO | MU |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.04% |
| Dividend Payout Ratio (TTM) | 0.00% | 2.17% |
Valuation
P/E Ratio (TTM)
Both Credo Technology Group (CRDO) at 120.53 and Micron Technology (MU) at 57.14 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
120.53
- Max
- 290.37
- Q3
- 149.77
- CRDO
- 120.53
- Median
- 73.50
- Q1
- 52.35
- Min
- 6.22
MU
Semiconductors & Semiconductor Equipment industry group
57.14
- Max
- 290.37
- Q3
- 149.77
- Median
- 73.50
- MU
- 57.14
- Q1
- 52.35
- Min
- 6.22
P/S Ratio (TTM)
Both look expensive on sales: Micron Technology (MU) at 23.51 sits in the upper P/S ratio quartile, and Credo Technology Group (CRDO) at 42.25 prices even higher, above its industry range.
CRDO
Semiconductors & Semiconductor Equipment industry group
42.25
- CRDO
- 42.25
- Max
- 38.08
- Q3
- 23.03
- Median
- 11.02
- Q1
- 4.71
- Min
- 0.02
MU
Semiconductors & Semiconductor Equipment industry group
23.51
- Max
- 38.08
- MU
- 23.51
- Q3
- 23.03
- Median
- 11.02
- Q1
- 4.71
- Min
- 0.02
P/B Ratio (MRQ)
Both Credo Technology Group (CRDO) at 27.18 and Micron Technology (MU) at 18.86 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
CRDO
Semiconductors & Semiconductor Equipment industry group
27.18
- Max
- 28.42
- CRDO
- 27.18
- Q3
- 15.74
- Median
- 8.60
- Q1
- 4.34
- Min
- 0.22
MU
Semiconductors & Semiconductor Equipment industry group
18.86
- Max
- 28.42
- MU
- 18.86
- Q3
- 15.74
- Median
- 8.60
- Q1
- 4.34
- Min
- 0.22
Valuation at a Glance
| Metric | CRDO | MU |
|---|---|---|
| P/E Ratio (TTM) | 120.53 | 57.14 |
| P/S Ratio (TTM) | 42.25 | 23.51 |
| P/B Ratio (MRQ) | 27.18 | 18.86 |
| Free Cash Flow Yield (TTM) | 0.44% | 0.21% |