Advanced Micro Devices, Inc. (AMD) vs Micron Technology, Inc. (MU)

A side-by-side comparison of Advanced Micro Devices, Inc. and Micron Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAMD vs MU

growth of $100 · dividends reinvested · last 30y
AMD +8064.1%MU +9970.2%MU compounded faster
05k10kStart $100200120062011201620212026$8,164$10,070
AMD MU

AMD vs MU: by the numbers

  • MU is the larger company ($926.70B vs $741.30B market cap).
  • MU trades at the lower trailing earnings multiple (20.38 vs 161.75 P/E), one valuation lens rather than an overall verdict.
  • MU converts more revenue to profit (55.91% vs 13.37% net margin).
  • MU grew revenue faster over the past five years (29.33% vs 26.80% CAGR).
  • MU pays a dividend (0.06% yield), while AMD is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricAMDMU
P/E ratio161.7520.38
Forward P/E65.9612.29
P/S ratio21.8011.42
P/B ratio12.6710.23
PEG ratio0.490.02
EV / EBITDA110.3822.56
FCF yield1.05%2.54%

Profitability

MetricAMDMU
Gross margin50.28%39.79%
Operating margin11.65%26.41%
Net margin13.37%55.91%
ROE7.77%50.11%
ROIC5.40%12.12%

Dividends

MetricAMDMU
Dividend yieldN/A0.06%
Payout ratioN/A6.93%

Growth (annualized)

MetricAMDMU
Revenue CAGR (5Y)26.80%29.33%
EPS CAGR (5Y)4.92%5.12%
FCF CAGR (5Y)37.73%172.93%
Total return CAGR (5Y)40.31%61.54%

Frequently asked

Which has the lower trailing P/E, AMD or MU?
MU has the lower trailing P/E: AMD trades at 161.75 and MU at 20.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMD or MU?
Over the past five years, MU grew revenue faster — AMD at a 26.80% CAGR versus MU at 29.33%.
Does AMD or MU pay a bigger dividend?
MU pays a dividend (0.06% yield), while AMD is a former payer with no current dividend run rate.
Is AMD or MU more profitable?
MU runs the higher net margin — AMD at 13.37% versus MU at 55.91%.
How have AMD and MU total returns compared?
Over the past 10 years, AMD delivered 53.43% and MU delivered 50.65% annualized total return. Past performance doesn't predict future results.

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 July 28, 2026.