KLA Corporation (KLAC) vs Micron Technology, Inc. (MU)
MU leads on 9 of 15 compared metrics.
A side-by-side comparison of KLA Corporation and Micron Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — KLAC vs MU
growth of $100 · last 30yKLAC +19330.5%MU +6387.8%KLAC compounded faster
KLAC MU
KLAC vs MU: by the numbers
- •MU is the larger company ($1.11T vs $332.50B market cap).
- •MU trades at the lower earnings multiple (46.32 vs 72.05 P/E).
- •MU converts more revenue to profit (41.49% vs 35.66% net margin).
- •MU grew revenue faster over the past five years (20.34% vs 15.21% CAGR).
- •KLAC pays the higher dividend yield (3.14% vs 0.05%).
Which is better, KLAC or MU?
Metric tally: KLAC 6 · MU 9It depends on what you're optimizing for:
ValueMU(lower P/E)
GrowthMU(faster 5Y revenue CAGR)
IncomeKLAC(higher dividend yield)
QualityKLAC(higher ROIC)
Valuation
| Metric | KLAC | MU |
|---|---|---|
| P/E ratio | 72.05 | 46.32● |
| P/S ratio | 25.61 | 19.25● |
| P/B ratio | 57.52 | 15.44● |
| PEG ratio | 0.06 | 0.02● |
| EV / EBITDA | 57.56 | 30.08● |
| FCF yield | 1.20%● | 0.92% |
Profitability
| Metric | KLAC | MU |
|---|---|---|
| Gross margin | 61.75%● | 58.44% |
| Operating margin | 42.08% | 48.52%● |
| Net margin | 35.66% | 41.49%● |
| ROE | 80.11%● | 33.28% |
| ROIC | 38.11%● | 12.12% |
Dividends
| Metric | KLAC | MU |
|---|---|---|
| Dividend yield | 3.14%● | 0.05% |
| Payout ratio | 262.04% | 6.47% |
Growth (annualized)
| Metric | KLAC | MU |
|---|---|---|
| Revenue CAGR (5Y) | 15.21% | 20.34%● |
| EPS CAGR (5Y) | 31.52%● | 5.12% |
| FCF CAGR (5Y) | 15.49% | 140.90%● |
| Total return CAGR (5Y) | 67.17% | 66.18% |
Frequently asked
- Which is better, KLAC or MU?
- It depends on your goal. value: MU (lower P/E); growth: MU (faster 5Y revenue CAGR); income: KLAC (higher dividend yield); quality: KLAC (higher ROIC). Across all compared metrics, MU leads 9 to 6.
- Is KLAC or MU cheaper?
- On trailing earnings, MU is cheaper: KLAC trades at a 72.05 P/E and MU at 46.32.
- Which has grown faster, KLAC or MU?
- Over the past five years, MU grew revenue faster — KLAC at a 15.21% CAGR versus MU at 20.34%.
- Does KLAC or MU pay a bigger dividend?
- KLAC yields 3.14% and MU yields 0.05% based on trailing dividends and the latest price.
- Is KLAC or MU more profitable?
- MU runs the higher net margin — KLAC at 35.66% versus MU at 41.49%.
- Which has been the better investment, KLAC or MU?
- Over the past 10-year, KLAC delivered the higher annualized total return — KLAC at 67.44% versus MU at 55.52%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
KLA P/E ratioMicron Technology P/E ratioKLA dividend yieldMicron Technology dividend yieldKLA ROEMicron Technology ROEKLA operating marginMicron Technology operating marginKLA revenue growthMicron Technology revenue growthKLA free cash flowMicron Technology free cash flow
KLA & 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 June 13, 2026.