Circle Internet Group, Inc. (CRCL) vs The Charles Schwab Corporation (SCHW)

Circle Internet Group, Inc. and The Charles Schwab Corporation are both Capital Markets companies. The Charles Schwab Corporation is the larger, with a market value of $171.9B against $23.6B — 7.3× the size. The Charles Schwab Corporation trades at the lower P/E: 17.9× against 46.6×. Circle Internet Group, Inc. grew revenue faster over the last twelve months: 37.5% against 20.3%. The Charles Schwab Corporation has the higher net margin (37.4% vs 15.5%) and the higher return on invested capital (0.00% vs 0.00%). Across the 18 metrics below, The Charles Schwab Corporation leads on 14 and Circle Internet Group, Inc. on 4.

Valuation

Metric CRCL SCHW Capital Markets median
P/E 46.60 17.94 15.78
P/S 7.60 6.60 2.32
P/B 6.29 3.91 1.89
Price to free cash flow 31.80 15.93 6.25
EV/EBITDA n/m 7.41 8.87
EV/Sales (18.47) 4.65 2.28
Earnings yield 2.15% 5.57% (3.77%)
Free cash flow yield 3.14% 6.28% (1.49%)

Profitability

Metric CRCL SCHW Capital Markets median
Gross margin 40.51% 100.00% 62.80%
Operating margin 7.42% 54.98% 0.00%
Net margin 15.53% 37.36% (0.55%)
Free cash flow margin 23.90% 41.46% 0.00%
Return on equity 15.35% 22.45% 0.00%
Return on assets 0.64% 1.99% 0.00%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric CRCL SCHW Capital Markets median
Revenue growth (TTM) 37.54% 20.34% 21.02%
EPS growth (last fiscal year) (120.65%) 55.52% —
Revenue growth, 5-year CAGR — 15.39% 18.16%
Net income growth, 5-year CAGR — 22.57% 0.00%

Health

Metric CRCL SCHW Capital Markets median
Debt to equity 0.00 0.45 0.08
Current ratio 1.03 0.64 1.51
Net debt to EBITDA 3,906.55 (4.52) (0.24)

Dividend

Metric CRCL SCHW Capital Markets median
Dividend yield — 1.73% 2.20%
Payout ratio — 0.27 0.00

Size

Metric CRCL SCHW Capital Markets median
Market cap 23.61b 171.90b 724.58m

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