CRDO (Credo Technology Group Holding) EBIT: $445 Mil (TTM As of Apr. 2026)

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CRDO Credo Technology Group Holding Ltd CRDO
86 GF Score
Price $230.43
GF Value $221.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Credo Technology Group Holding EBIT?

Credo Technology Group Holding CRDO +2.58% 86 EBIT is $445 Mil as of Apr. 2026. GuruFocus rates CRDO with a GF Score™ of 86/100 and a GF Value™ of $221.08 (Fairly Valued). The stock has 3 warning signs investors should review.

Credo Technology Group Holding's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was $156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was $445 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Credo Technology Group Holding's annualized ROC % for the quarter that ended in Apr. 2026 was 92.84%. Credo Technology Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 133.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Credo Technology Group Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 1.07%.


Credo Technology Group Holding  (NAS:CRDO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Credo Technology Group Holding's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=623.38 * ( 1 - 0% )/( (617.347 + 725.616)/ 2 )
=623.38/671.4815
=92.84 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2037.339 - 118.528 - ( 1301.464 - max(0, 165.192 - 1786.593+1301.464))
=617.347

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2295.619 - 126.717 - ( 1443.286 - max(0, 197.091 - 2001.07+1443.286))
=725.616

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Credo Technology Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=623.38/( ( (121.506 + max(323.598, 0)) + (126.245 + max(365.524, 0)) )/ 2 )
=623.38/( ( 445.104 + 491.769 )/ 2 )
=623.38/468.4365
=133.08 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.213 + 207.958 + 33.958) - (118.528 + 0 + 43.003)
=323.598

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(233.377 + 250.831 + 73.576) - (126.717 + 0 + 65.543)
=365.524

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Credo Technology Group Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=445.005/41552.266
=1.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Credo Technology Group Holding EBIT Related Terms


Credo Technology Group Holding EBIT Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Credo Technology Group Holding EBIT Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBIT
Get a 7-Day Free Trial -18.83 -18.83 -37.06 37.12 445.01

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.79 60.74 78.80 149.62 155.85

CRDO vs MCHP, CBRS, ON: EBIT Comparison

For the Semiconductors subindustry, Credo Technology Group Holding's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Credo Technology Group Holding EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's EV-to-EBIT falls into.


CRDO
86GF Score
Credo Technology Group Holding Ltd CRDO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credo Technology Group Holding EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $445 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $445 Mil mean?
Credo Technology Group Holding (CRDO) has a EBIT of $445 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Credo Technology Group Holding.
Is Credo Technology Group Holding's EBIT too high?
Credo Technology Group Holding's current EBIT is $445 Mil. Overall, Credo Technology Group Holding has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's EBIT compare to MCHP and CBRS?
Credo Technology Group Holding's EBIT of $445 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Credo Technology Group Holding. Credo Technology Group Holding's current EBIT is $445 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (CRDO) is currently considered Fairly Valued. The stock's GF Value™ is $221.08, compared to a current price of $230.43 — trading 4.2% above its estimated fair value. The current EBIT is $445 Mil. Credo Technology Group Holding's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Credo Technology Group Holding (CRDO), the current EBIT is $445 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Credo Technology Group Holding (CRDO) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be overvalued. The current stock price of $230.43 is trading 4.2% above its estimated GF Value™ of $221.08. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for CRDO:

  • EBIT: $445 Mil
  • GF Value™: $221.08 vs. price of $230.43 (4.2% above fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the CRDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credo Technology Group Holding Business Description

Other Exchanges CRDON:Mexico
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
86GF Score

Get the complete analysis for CRDO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$230.43
Price
$221.08
GF Value