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 September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAMD vs MU

growth of $100 · dividends reinvested · last 10y
AMD +7262.6% (+53.7%/yr)MU +5635.1% (+49.9%/yr)AMD compounded faster over this window
02k4k6k8kStart $10020182020202220242026$7,363$5,735
AMD MU

AMD vs MU: by the numbers

  • MU is the larger company ($1.10T vs $841.60B market cap).
  • MU trades at the lower trailing earnings multiple (22.07 vs 132.34 P/E), one valuation lens rather than an overall verdict.
  • MU converts more revenue to profit (55.91% vs 15.58% net margin).
  • MU grew revenue faster over the past five years (29.33% vs 25.35% CAGR).
  • MU pays a dividend (0.05% yield), while AMD is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricAMDMU
P/E ratio132.3422.07
Forward P/E68.366.28
P/S ratio20.3812.20
P/B ratio12.5210.94
EV / EBITDA88.3615.83
FCF yield1.00%2.38%

Profitability

MetricAMDMU
Gross margin53.20%39.79%
Operating margin15.71%26.41%
Net margin15.58%55.91%
ROE9.57%50.11%
ROIC7.58%44.23%

Dividends

MetricAMDMU
Dividend yieldN/A0.05%
Payout ratioN/A1.20%

Growth (annualized)

MetricAMDMU
Revenue CAGR (5Y)25.35%29.33%
EPS CAGR (5Y)4.92%25.98%
FCF CAGR (5Y)27.78%172.93%
Total return CAGR (5Y)36.78%68.65%

Frequently asked

Which has the lower trailing P/E, AMD or MU?
MU has the lower trailing P/E: AMD trades at 132.34 and MU at 22.07. 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 25.35% CAGR versus MU at 29.33%.
Does AMD or MU pay a bigger dividend?
MU pays a dividend (0.05% 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 15.58% versus MU at 55.91%.
How have AMD and MU total returns compared?
Over the past 10 years, AMD delivered 55.99% and MU delivered 50.50% 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 September 10, 2026.