CRDO vs. TER: Credo vs. Teradyne Stock Comparison

November 11, 2026

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

Teradyne (TER) has more than two decades of public-market history since February 21, 1973, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Company profile comparison for Credo (CRDO) and Teradyne (TER)
Profile Item	CRDO	TER
Name	Credo Technology Group Holding Ltd	Teradyne, 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	Semiconductor Materials & Equipment
Market Capitalization	22.65 billion USD	34.07 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	January 27, 2022	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CRDO

TER

GSPC

Credo (CRDO) vs. Teradyne (TER), 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 Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
Total Return (1Y)	-17.42%	31.13%
Total Return (3Y, Annualized)	107.84%	41.60%
Total Return (5Y, Annualized)	--	10.83%

Risk Profile

Drawdown History

CRDO

TER

GSPC

Credo (CRDO) vs. Teradyne (TER), 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 Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
Volatility (1Y, Annualized)	98.54%	78.35%
Beta (5Y)	3.31	1.78
Max Drawdown (5Y)	-62.87%	-59.12%
Avg. Volume (3M)	8.02M	3.01M

Risk-Adjusted Performance

Risk-Return Positioning

CRDO and TER 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 Teradyne (TER)
Metric	CRDO	TER
Sharpe Ratio (1Y)	-0.22	0.34
Sortino Ratio (1Y)	-0.32	0.48

Profitability

ROE (TTM)

Both Credo (CRDO) at 30.67% and Teradyne (TER) at 42.72% 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

30.67%

Max: 52.82%
CRDO: 30.67%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

TER

Semiconductors & Semiconductor Equipment industry group

42.72%

Max: 52.82%
TER: 42.72%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Credo (CRDO) vs. Teradyne (TER): 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 Teradyne (TER) at 27.46%, 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%

TER

Semiconductors & Semiconductor Equipment industry group

27.46%

Max: 63.80%
Q3: 28.36%
TER: 27.46%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Credo (CRDO) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Teradyne (TER) at 30.87% 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%

TER

Semiconductors & Semiconductor Equipment industry group

30.87%

Max: 58.66%
TER: 30.87%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Credo (CRDO) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
ROE (TTM)	30.67%	42.72%
ROA (TTM)	16.11%	21.59%
Net Margin (TTM)	33.83%	27.46%
Operating Margin (TTM)	25.20%	30.87%
Gross Margin (TTM)	67.07%	59.32%

Growth

Revenue Growth

Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than Teradyne (TER) at 13.13%, which is closer to a typical peer reading.

Credo (CRDO) vs. Teradyne (TER): 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 Teradyne (TER) at 4.52%, which is closer to a typical peer reading.

Credo (CRDO) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
Revenue Growth (YoY)	205.68%	13.13%
Revenue Growth (3Y CAGR)	93.53%	0.37%
EPS Growth (YoY)	765.52%	4.52%
EPS Growth (3Y CAGR)	--	-6.31%

Financial Strength

Current Ratio (MRQ)

Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while Teradyne (TER) at 2.08 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

TER

Semiconductors & Semiconductor Equipment industry group

2.08

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
TER: 2.08
Min: 1.03

Credo (CRDO) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Credo (CRDO) at 0.01 and Teradyne (TER) 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

TER

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
TER: 0.04
Min: 0.00

Credo (CRDO) vs. Teradyne (TER): 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 Teradyne (TER)
Metric	CRDO	TER
Current Ratio (MRQ)	7.40	2.08
Debt / Equity (MRQ)	0.01	0.04
Net Debt / EBITDA	-1.36	-0.19

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 Teradyne (TER) reports a yield of 0.24%, 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%

TER

Semiconductors & Semiconductor Equipment industry group

0.24%

Max: 1.37%
Q3: 0.65%
TER: 0.24%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Credo (CRDO) vs. Teradyne (TER): 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 Teradyne (TER) reports a payout of 5.86%, 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%

TER

Semiconductors & Semiconductor Equipment industry group

5.86%

Max: 49.64%
Q3: 21.71%
TER: 5.86%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Credo (CRDO) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
Dividend Yield (TTM)	0.00%	0.24%
Dividend Payout Ratio (TTM)	0.00%	5.86%

Valuation

P/E Ratio (TTM)

Both Credo (CRDO) at 42.73 and Teradyne (TER) at 25.08 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

TER

Semiconductors & Semiconductor Equipment industry group

25.08

Max: 110.34
Q3: 66.81
Median: 37.02
TER: 25.08
Q1: 23.96
Min: 8.12

Credo (CRDO) vs. Teradyne (TER): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Teradyne (TER) at 6.81 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

TER

Semiconductors & Semiconductor Equipment industry group

6.81

Max: 21.42
Q3: 12.27
TER: 6.81
Median: 5.76
Q1: 2.73
Min: 0.00

Credo (CRDO) vs. Teradyne (TER): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both Credo (CRDO) at 8.29 and Teradyne (TER) at 9.24 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

8.29

Max: 14.06
CRDO: 8.29
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

TER

Semiconductors & Semiconductor Equipment industry group

9.24

Max: 14.06
TER: 9.24
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Credo (CRDO) vs. Teradyne (TER): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Teradyne (TER)
Metric	CRDO	TER
P/E Ratio (TTM)	42.73	25.08
P/S Ratio (TTM)	14.24	6.81
P/B Ratio (MRQ)	8.29	9.24
Free Cash Flow Yield (TTM)	1.10%	1.76%