Is ARM or MU cheaper?

On trailing earnings, MU is cheaper: ARM trades at a 491.13 P/E and MU at 51.34.

Which has grown faster, ARM or MU?

Over the past five years, MU grew revenue faster — ARM at a 19.41% CAGR versus MU at 20.34%.

Does ARM or MU pay a bigger dividend?

MU pays a dividend (0.05% yield) while ARM does not currently pay one.

Is ARM or MU more profitable?

MU runs the higher net margin — ARM at 18.37% versus MU at 41.49%.

Arm Holdings plc American Depositary Shares (ARM) vs Micron Technology, Inc. (MU)

MU leads on 12 of 14 compared metrics.

A side-by-side comparison of Arm Holdings plc American Depositary Shares and Micron Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ARM

Arm Holdings plc American Depositary Shares

$435.35B

$412.55Technology

Micron Technology, Inc.

$1.19T

$1087.99Technology

Total return — ARM vs MU

growth of $100 · last 3y

ARM +577.5%MU +1405.2%MU compounded faster

ARM MU

ARM vs MU: by the numbers

•MU is the larger company ($1.19T vs $435.35B market cap).
•MU trades at the lower earnings multiple (51.34 vs 491.13 P/E).
•MU converts more revenue to profit (41.49% vs 18.37% net margin).
•MU grew revenue faster over the past five years (20.34% vs 19.41% CAGR).
•MU pays a dividend (0.05% yield) while ARM does not currently pay one.

Which is better, ARM or MU?

Metric tally: ARM 2 · MU 12

It depends on what you're optimizing for:

ValueMU(lower P/E)

GrowthMU(faster 5Y revenue CAGR)

QualityMU(higher ROIC)

Metrics side by side

Valuation

Metric	ARM	MU
P/E ratio	491.13	51.34●
Forward P/E	136.84	—
P/S ratio	89.55	21.34●
P/B ratio	53.17	17.12●
PEG ratio	13.32	0.02●
EV / EBITDA	311.74	33.35●
FCF yield	0.22%	0.83%●

Profitability

Metric	ARM	MU
Gross margin	94.63%●	58.44%
Operating margin	18.31%	48.52%●
Net margin	18.37%	41.49%●
ROE	10.91%	33.28%●
ROIC	7.29%	12.12%●

Dividends

Metric	ARM	MU
Dividend yield	—	0.05%
Payout ratio	—	6.47%

Growth (annualized)

Metric	ARM	MU
Revenue CAGR (5Y)	19.41%	20.34%●
EPS CAGR (5Y)	17.47%●	5.12%
FCF CAGR (5Y)	-1.73%	140.90%●
Total return CAGR (5Y)	—	68.06%

Frequently asked

Which is better, ARM or MU?: It depends on your goal. value: MU (lower P/E); growth: MU (faster 5Y revenue CAGR); quality: MU (higher ROIC). Across all compared metrics, MU leads 12 to 2.
Is ARM or MU cheaper?: On trailing earnings, MU is cheaper: ARM trades at a 491.13 P/E and MU at 51.34.
Which has grown faster, ARM or MU?: Over the past five years, MU grew revenue faster — ARM at a 19.41% CAGR versus MU at 20.34%.
Does ARM or MU pay a bigger dividend?: MU pays a dividend (0.05% yield) while ARM does not currently pay one.
Is ARM or MU more profitable?: MU runs the higher net margin — ARM at 18.37% versus MU at 41.49%.

Go deeper

Full ARM analysis Full MU analysis Interactive comparison tool

Dig into the metrics

Arm Holdings plc American Depositary Shares P/E ratio Micron Technology P/E ratio Arm Holdings plc American Depositary Shares dividend yield Micron Technology dividend yield Arm Holdings plc American Depositary Shares ROE Micron Technology ROE Arm Holdings plc American Depositary Shares operating margin Micron Technology operating margin Arm Holdings plc American Depositary Shares revenue growth Micron Technology revenue growth Arm Holdings plc American Depositary Shares free cash flow Micron Technology free cash flow

Arm Holdings plc American Depositary Shares & Micron Technology appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin Stocks Best 10-Year Total Return Stocks

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 June 16, 2026.