CRDO vs. MU: Credo vs. Micron Stock Comparison
How do Credo (CRDO) and Micron (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 (CRDO) and Micron (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 (MU) has more than two decades of public-market history since June 1, 1984, whereas Credo (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 | 22.65 billion USD | 780.68 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 27, 2022 | June 1, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRDO | MU |
|---|---|---|
| Total Return (1Y) | -17.42% | 208.53% |
| Total Return (3Y, Annualized) | 107.84% | 115.89% |
| Total Return (5Y, Annualized) | -- | 58.28% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRDO | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 98.54% | 83.85% |
| Beta (5Y) | 3.31 | 2.44 |
| Max Drawdown (5Y) | -62.87% | -57.63% |
| Avg. Volume (3M) | 8.02M | 27.63M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRDO | MU |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 2.44 |
| Sortino Ratio (1Y) | -0.32 | 3.87 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Micron (MU) at 88.26% 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%
MU
Semiconductors & Semiconductor Equipment industry group
88.26%
- MU
- 88.26%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Credo (CRDO) at 33.83% and Micron (MU) at 63.80% 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%
MU
Semiconductors & Semiconductor Equipment industry group
63.80%
- MU
- 63.80%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while Credo (CRDO) at 25.20% operates 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%
MU
Semiconductors & Semiconductor Equipment industry group
80.68%
- MU
- 80.68%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | CRDO | MU |
|---|---|---|
| ROE (TTM) | 30.67% | 88.26% |
| ROA (TTM) | 16.11% | 44.56% |
| Net Margin (TTM) | 33.83% | 63.80% |
| Operating Margin (TTM) | 25.20% | 80.68% |
| Gross Margin (TTM) | 67.07% | 80.72% |
Growth
Revenue Growth
Both Credo (CRDO) at 205.68% and Micron (MU) at 256.33% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Both Credo (CRDO) at 765.52% and Micron (MU) at 879.31% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | CRDO | MU |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 256.33% |
| Revenue Growth (3Y CAGR) | 93.53% | 104.65% |
| EPS Growth (YoY) | 765.52% | 879.31% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Micron (MU) at 3.31 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
MU
Semiconductors & Semiconductor Equipment industry group
3.31
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- MU
- 3.31
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Credo (CRDO) at 0.01 and Micron (MU) at 0.04 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
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
MU
Semiconductors & Semiconductor Equipment industry group
0.04
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- MU
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | CRDO | MU |
|---|---|---|
| Current Ratio (MRQ) | 7.40 | 3.31 |
| Debt / Equity (MRQ) | 0.01 | 0.04 |
| Net Debt / EBITDA | -1.36 | -0.35 |
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 Micron (MU) reports a yield of 0.09%, 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%
MU
Semiconductors & Semiconductor Equipment industry group
0.09%
- Max
- 1.37%
- Q3
- 0.65%
- MU
- 0.09%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
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 Micron (MU) reports a payout of 0.71%, 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%
MU
Semiconductors & Semiconductor Equipment industry group
0.71%
- Max
- 49.64%
- Q3
- 21.71%
- MU
- 0.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRDO | MU |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.09% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.71% |
Valuation
P/E Ratio (TTM)
Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Credo (CRDO) at 42.73 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.
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
MU
Semiconductors & Semiconductor Equipment industry group
9.28
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- MU
- 9.28
- Min
- 8.12
P/S Ratio (TTM)
Micron (MU) at 5.86 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
MU
Semiconductors & Semiconductor Equipment industry group
5.86
- Max
- 21.42
- Q3
- 12.27
- MU
- 5.86
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Micron (MU) at 5.64 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.
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
MU
Semiconductors & Semiconductor Equipment industry group
5.64
- Max
- 14.06
- Q3
- 7.44
- MU
- 5.64
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | CRDO | MU |
|---|---|---|
| P/E Ratio (TTM) | 42.73 | 9.28 |
| P/S Ratio (TTM) | 14.24 | 5.86 |
| P/B Ratio (MRQ) | 8.29 | 5.64 |
| Free Cash Flow Yield (TTM) | 1.10% | 3.73% |