Dell Technologies Inc. (DELL) vs Micron Technology, Inc. (MU)

MU leads on 10 of 16 compared metrics.

A side-by-side comparison of Dell Technologies Inc. and Micron Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnDELL vs MU

growth of $100 · dividends reinvested · last 10y
DELL +3887.0%MU +6446.0%MU compounded faster
02k4k6k8kStart $10020182020202220242026$3,987$6,546
DELL MU

DELL vs MU: by the numbers

  • MU is the larger company ($1.04T vs $290.48B market cap).
  • MU trades at the lower earnings multiple (20.85 vs 34.73 P/E).
  • MU converts more revenue to profit (55.91% vs 6.28% net margin).
  • MU grew revenue faster over the past five years (29.33% vs 7.14% CAGR).
  • DELL pays the higher dividend yield (0.50% vs 0.06%).

Which is better, DELL or MU?

Metric tally: DELL 6 · MU 10

It depends on what you're optimizing for:

ValueMU(lower P/E)
GrowthMU(faster 5Y revenue CAGR)
IncomeDELL(higher dividend yield)
QualityDELL(higher ROIC)

Metrics side by side

Valuation

MetricDELLMU
P/E ratio34.7320.85
Forward P/E43.8612.56
P/S ratio2.1411.68
P/B ratio10.47
PEG ratio0.340.02
EV / EBITDA22.2223.09
FCF yield3.29%2.48%

Profitability

MetricDELLMU
Gross margin19.07%39.79%
Operating margin8.02%26.41%
Net margin6.28%55.91%
ROE-240.32%50.11%
ROIC15.00%12.12%

Dividends

MetricDELLMU
Dividend yield0.50%0.06%
Payout ratio24.61%6.93%

Growth (annualized)

MetricDELLMU
Revenue CAGR (5Y)7.14%29.33%
EPS CAGR (5Y)15.44%5.12%
FCF CAGR (5Y)3.29%172.93%
Total return CAGR (5Y)57.95%65.53%

Frequently asked

Which is better, DELL or MU?
It depends on your goal. value: MU (lower P/E); growth: MU (faster 5Y revenue CAGR); income: DELL (higher dividend yield); quality: DELL (higher ROIC). Across all compared metrics, MU leads 10 to 6.
Is DELL or MU cheaper?
On trailing earnings, MU is cheaper: DELL trades at a 34.73 P/E and MU at 20.85.
Which has grown faster, DELL or MU?
Over the past five years, MU grew revenue faster — DELL at a 7.14% CAGR versus MU at 29.33%.
Does DELL or MU pay a bigger dividend?
DELL yields 0.50% and MU yields 0.06% based on trailing dividends and the latest price.
Is DELL or MU more profitable?
MU runs the higher net margin — DELL at 6.28% versus MU at 55.91%.
Which has been the better investment, DELL or MU?
Over the past 5-year, DELL delivered the higher annualized total return — DELL at 57.95% versus MU at 53.33%. 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 24, 2026.