Credo Technology Group (CRDO) vs Microchip Technology (MCHP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Credo Technology Group (CRDO) has outperformed Microchip Technology (MCHP) over the past year, gaining 42.3% versus a gain of 12.9%. Microchip Technology is the larger company by market cap ($40.98 billion vs $40.84 billion), about 1.0 times the size, while Credo Technology Group is growing revenue faster (+205.7% vs +7.1%). On valuation, Microchip Technology trades at a lower forward P/E (16.5x vs 22.4x for Credo Technology Group).
Microchip Technology pays a dividend yielding 2.41%, while Credo Technology Group does not currently pay one. Credo Technology Group converts more of its revenue into profit, with a net margin of 35.4% versus 4.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRDO | MCHP |
|---|---|---|
| Share price | $217.31 | $75.47 |
| Market cap | $40.84B | $40.98B |
| 1-day change | +2.57% | -0.07% |
| YTD return | +47.24% | +18.52% |
| 1-year return | +42.31% | +12.85% |
| 5-year return | — | +3.76% |
| P/E ratio (TTM) | 77.06 | 110.98 |
| Forward P/E | 22.42 | 16.46 |
| EPS (TTM) | $2.82 | $0.68 |
| Dividend yield | 0.00% | 2.41% |
| Annual dividend | $0.00 | $1.82 |
| Revenue (latest FY) | $1.34B | $4.71B |
| Revenue growth (YoY) | +205.68% | +7.08% |
| Net income (latest FY) | $472.28M | $230.00M |
| Gross margin | 68.04% | 57.73% |
| Operating margin | 33.33% | 10.40% |
| Net margin | 35.37% | 4.88% |
| 52-week high | $308.67 | $105.91 |
| 52-week low | $86.49 | $48.52 |
| Distance from 52-week high | -29.60% | -28.75% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +28.43% | +42.90% |
| Average volume | 6.94M | 9.28M |
| Shares outstanding | 187.95M | 543.01M |
| Employees | 807 | 17,900 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CRDO has outperformed MCHP by 29.5 percentage points over the past year.
- Microchip Technology trades at a higher earnings multiple (111.0x vs 77.1x trailing P/E).
- Microchip Technology offers a meaningfully higher dividend yield (2.41% vs 0.00%).
- Credo Technology Group is more profitable, keeping 35.4 cents of every revenue dollar as net income versus 4.9 cents for Microchip Technology.
- Credo Technology Group grew revenue faster in its latest fiscal year (+205.68% vs +7.08%).
About Credo Technology Group
CRDO stock →Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets.
Technology · Semiconductors · 807 employees
About Microchip Technology
MCHP stock →Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing.
Technology · Semiconductors · 17,900 employees
CRDO vs MCHP FAQ
Which is bigger, Credo Technology Group or Microchip Technology?
Microchip Technology (MCHP) is larger, with a market capitalization of $40.98B compared with $40.84B for Credo Technology Group (CRDO).
Which stock has performed better over the past year, CRDO or MCHP?
CRDO returned +42.31% over the past 12 months, compared with +12.85% for MCHP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CRDO or MCHP?
CRDO has the lower trailing P/E at 77.1, versus 111.0 for MCHP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Credo Technology Group or Microchip Technology?
Microchip Technology pays a dividend yielding 2.41%, while Credo Technology Group does not currently pay a regular dividend.
Are Credo Technology Group and Microchip Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.