Circle Internet Group, Inc. (CRCL) vs IREN Limited (IREN)

Circle Internet Group, Inc. and IREN Limited are both Capital Markets companies. Circle Internet Group, Inc. is the larger, with a market value of $23.6B against $18.4B — 1.3× the size. IREN Limited has negative trailing earnings, so its P/E is not meaningful; Circle Internet Group, Inc. trades at 46.6×. IREN Limited grew revenue faster over the last twelve months: 41.1% against 37.5%. Circle Internet Group, Inc. has the higher net margin (15.5% vs −99.4%) and the higher return on invested capital (0.00% vs −5.53%). Across the 17 metrics below, Circle Internet Group, Inc. leads on 12 and IREN Limited on 5.