Applied Optoelectronics, Inc. (AAOI) vs Micron Technology, Inc. (MU)
A side-by-side comparison of Applied Optoelectronics, Inc. and Micron Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
AAOI
Applied Optoelectronics, Inc.
$105.36TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
MU
Micron Technology, Inc.
$975.26TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AAOI vs MU
growth of $100 · dividends reinvested · last 10yAAOI +377.1% (+16.9%/yr)MU +5793.6% (+50.3%/yr)MU compounded faster over this window
Log scale — wide-divergence pair
AAOI MU
AAOI vs MU: by the numbers
- •MU is the larger company ($1.10T vs $8.45B market cap).
- •MU is profitable (55.91% net margin) while AAOI runs a net loss (-9.57%).
- •MU grew revenue faster over the past five years (29.33% vs 20.68% CAGR).
- •MU pays a dividend (0.05% yield), while AAOI has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AAOI | MU |
|---|---|---|
| P/E ratio | N/A | 22.07 |
| Forward P/E | 142.38 | 6.28 |
| P/S ratio | 14.19 | 12.20 |
| P/B ratio | 5.07 | 10.94 |
| EV / EBITDA | N/A | 15.83 |
| FCF yield | N/A | 2.38% |
Profitability
| Metric | AAOI | MU |
|---|---|---|
| Gross margin | 28.92% | 39.79% |
| Operating margin | -11.31% | 26.41% |
| Net margin | -9.57% | 55.91% |
| ROE | -3.42% | 50.11% |
| ROIC | -3.49% | 44.23% |
Dividends
| Metric | AAOI | MU |
|---|---|---|
| Dividend yield | N/A | 0.05% |
| Payout ratio | N/A | 1.20% |
Growth (annualized)
| Metric | AAOI | MU |
|---|---|---|
| Revenue CAGR (5Y) | 20.68% | 29.33% |
| EPS CAGR (5Y) | N/A | 25.98% |
| FCF CAGR (5Y) | N/A | 172.93% |
| Total return CAGR (5Y) | 69.30% | 68.65% |
Frequently asked
- Which has grown faster, AAOI or MU?
- Over the past five years, MU grew revenue faster — AAOI at a 20.68% CAGR versus MU at 29.33%.
- Does AAOI or MU pay a bigger dividend?
- MU pays a dividend (0.05% yield), while AAOI has no payments in the available dividend history.
- Is AAOI or MU more profitable?
- MU runs the higher net margin — AAOI at -9.57% versus MU at 55.91%.
- How have AAOI and MU total returns compared?
- Over the past 10 years, AAOI delivered 18.06% and MU delivered 50.50% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Micron Technology P/E ratioMicron Technology dividend yieldApplied Optoelectronics ROEMicron Technology ROEApplied Optoelectronics operating marginMicron Technology operating marginApplied Optoelectronics revenue growthMicron Technology revenue growthApplied Optoelectronics free cash flowMicron Technology free cash flow
Applied Optoelectronics & Micron Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.