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CRDO vs. Q: Credo vs. Qnity Electronics Stock Comparison

How do Credo (CRDO) and Qnity Electronics (Q) 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 Qnity Electronics (Q) both belong to the Semiconductors & Semiconductor Equipment industry, though CRDO is classified under Semiconductors while Q falls under Semiconductor Materials & Equipment.

Company profile comparison for Credo (CRDO) and Qnity Electronics (Q)
Profile ItemCRDOQ
NameCredo Technology Group Holding LtdQnity Electronics Inc.
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 USD24.46 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 27, 2022October 27, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
Q
GSPC
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Credo (CRDO) vs. Qnity Electronics (Q), 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 Qnity Electronics (Q). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Credo (CRDO) and Qnity Electronics (Q). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
Total Return (1Y)-17.42%35.04%
Total Return (3Y, Annualized)107.84%--
Total Return (5Y, Annualized)----

Risk Profile

Drawdown History

CRDO
Q
GSPC
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Credo (CRDO) vs. Qnity Electronics (Q), 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 Qnity Electronics (Q). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
Volatility (1Y, Annualized)98.54%55.87%
Beta (5Y)3.311.49
Max Drawdown (5Y)-62.87%-38.03%
Avg. Volume (3M)8.02M1.73M

Risk-Adjusted Performance

Risk-Return Positioning

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CRDO and Q 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 Qnity Electronics (Q)
MetricCRDOQ
Sharpe Ratio (1Y)-0.220.55
Sortino Ratio (1Y)-0.320.80

Profitability

ROE (TTM)

Credo (CRDO) at 30.67% sits in the top ROE quartile, while Qnity Electronics (Q) at 6.98% is closer to the peer norm — stronger capital efficiency for CRDO.

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%

Q

Semiconductors & Semiconductor Equipment industry group

6.98%

Max
52.82%
Q3
22.26%
Median
10.58%
Q
6.98%
Q1
1.29%
Min
-16.89%
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.

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%

Q

Semiconductors & Semiconductor Equipment industry group

10.16%

Max
63.80%
Q3
28.36%
Median
11.44%
Q
10.16%
Q1
0.90%
Min
-37.77%
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Credo (CRDO) at 25.20% and Qnity Electronics (Q) at 25.00% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

Q

Semiconductors & Semiconductor Equipment industry group

25.00%

Max
58.66%
Q3
30.23%
Q
25.00%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
ROE (TTM)30.67%6.98%
ROA (TTM)16.11%5.78%
Net Margin (TTM)33.83%10.16%
Operating Margin (TTM)25.20%25.00%
Gross Margin (TTM)67.07%46.92%

Growth

Revenue Growth

Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than Qnity Electronics (Q) at 9.67%, which is closer to a typical peer reading.

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Credo (CRDO) vs. Qnity Electronics (Q): 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 Qnity Electronics (Q) at -0.27%, which is closer to a typical peer reading.

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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
Revenue Growth (YoY)205.68%9.67%
Revenue Growth (3Y CAGR)93.53%-0.01%
EPS Growth (YoY)765.52%-0.27%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

Q

Semiconductors & Semiconductor Equipment industry group

2.09

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
Q
2.09
Min
1.03
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Credo (CRDO) vs. Qnity Electronics (Q): 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 Qnity Electronics (Q) at 0.57 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

Q

Semiconductors & Semiconductor Equipment industry group

0.57

Max
1.46
Q3
0.65
Q
0.57
Median
0.27
Q1
0.04
Min
0.00
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Credo (CRDO) vs. Qnity Electronics (Q): 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 Qnity Electronics (Q)
MetricCRDOQ
Current Ratio (MRQ)7.402.09
Debt / Equity (MRQ)0.010.57
Net Debt / EBITDA-1.362.07

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 Qnity Electronics (Q) reports a yield of 0.27%, 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%

Q

Semiconductors & Semiconductor Equipment industry group

0.27%

Max
1.37%
Q3
0.65%
Q
0.27%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Qnity Electronics (Q): 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 Qnity Electronics (Q) reports a payout of 11.28%, 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%

Q

Semiconductors & Semiconductor Equipment industry group

11.28%

Max
49.64%
Q3
21.71%
Q
11.28%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
Dividend Yield (TTM)0.00%0.27%
Dividend Payout Ratio (TTM)0.00%11.28%

Valuation

P/E Ratio (TTM)

Both Credo (CRDO) at 42.73 and Qnity Electronics (Q) at 43.98 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

Q

Semiconductors & Semiconductor Equipment industry group

43.98

Max
110.34
Q3
66.81
Q
43.98
Median
37.02
Q1
23.96
Min
8.12
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Qnity Electronics (Q) at 4.46 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

Q

Semiconductors & Semiconductor Equipment industry group

4.46

Max
21.42
Q3
12.27
Median
5.76
Q
4.46
Q1
2.73
Min
0.00
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Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Qnity Electronics (Q) at 3.22 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

Q

Semiconductors & Semiconductor Equipment industry group

3.22

Max
14.06
Q3
7.44
Median
4.29
Q
3.22
Q1
2.30
Min
0.20
Loading chart…
Credo (CRDO) vs. Qnity Electronics (Q): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Qnity Electronics (Q)
MetricCRDOQ
P/E Ratio (TTM)42.7343.98
P/S Ratio (TTM)14.244.46
P/B Ratio (MRQ)8.293.22
Free Cash Flow Yield (TTM)1.10%2.85%