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 30y
KLAC +19330.5%MU +6387.8%KLAC compounded faster
05k10k15k20kStart $100200120062011201620212026$19,431$6,488
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 9

It depends on what you're optimizing for:

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

Valuation

MetricKLACMU
P/E ratio72.0546.32
P/S ratio25.6119.25
P/B ratio57.5215.44
PEG ratio0.060.02
EV / EBITDA57.5630.08
FCF yield1.20%0.92%

Profitability

MetricKLACMU
Gross margin61.75%58.44%
Operating margin42.08%48.52%
Net margin35.66%41.49%
ROE80.11%33.28%
ROIC38.11%12.12%

Dividends

MetricKLACMU
Dividend yield3.14%0.05%
Payout ratio262.04%6.47%

Growth (annualized)

MetricKLACMU
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.

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.