Micron Technology, Inc. (MU) vs QUALCOMM Incorporated (QCOM)
QCOM leads on 9 of 16 compared metrics.
A side-by-side comparison of Micron Technology, Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — MU vs QCOM
growth of $100 · last 30yMU +6496.8%QCOM +7028.6%QCOM compounded faster
MU QCOM
MU vs QCOM: by the numbers
- •MU is the larger company ($1.11T vs $223.15B market cap).
- •QCOM trades at the lower earnings multiple (22.72 vs 46.32 P/E).
- •MU converts more revenue to profit (41.49% vs 22.31% net margin).
- •MU grew revenue faster over the past five years (20.34% vs 8.63% CAGR).
- •QCOM pays the higher dividend yield (1.70% vs 0.05%).
Which is better, MU or QCOM?
Metric tally: MU 7 · QCOM 9It depends on what you're optimizing for:
ValueQCOM(lower P/E)
GrowthMU(faster 5Y revenue CAGR)
IncomeQCOM(higher dividend yield)
QualityQCOM(higher ROIC)
Valuation
| Metric | MU | QCOM |
|---|---|---|
| P/E ratio | 46.32 | 22.72● |
| Forward P/E | — | 19.72 |
| P/S ratio | 19.25 | 5.10● |
| P/B ratio | 15.44 | 8.32● |
| PEG ratio | 0.02● | 3.96 |
| EV / EBITDA | 30.08 | 16.71● |
| FCF yield | 0.92% | 5.51%● |
Profitability
| Metric | MU | QCOM |
|---|---|---|
| Gross margin | 58.44%● | 54.80% |
| Operating margin | 48.52%● | 25.52% |
| Net margin | 41.49%● | 22.31% |
| ROE | 33.28% | 36.38%● |
| ROIC | 12.12% | 13.15%● |
Dividends
| Metric | MU | QCOM |
|---|---|---|
| Dividend yield | 0.05% | 1.70%● |
| Payout ratio | 6.47% | 70.95% |
Growth (annualized)
| Metric | MU | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 20.34%● | 8.63% |
| EPS CAGR (5Y) | 5.12% | 5.74%● |
| FCF CAGR (5Y) | 140.90%● | 9.39% |
| Total return CAGR (5Y) | 66.18%● | 11.87% |
Frequently asked
- Which is better, MU or QCOM?
- It depends on your goal. value: QCOM (lower P/E); growth: MU (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: QCOM (higher ROIC). Across all compared metrics, QCOM leads 9 to 7.
- Is MU or QCOM cheaper?
- On trailing earnings, QCOM is cheaper: MU trades at a 46.32 P/E and QCOM at 22.72.
- Which has grown faster, MU or QCOM?
- Over the past five years, MU grew revenue faster — MU at a 20.34% CAGR versus QCOM at 8.63%.
- Does MU or QCOM pay a bigger dividend?
- MU yields 0.05% and QCOM yields 1.70% based on trailing dividends and the latest price.
- Is MU or QCOM more profitable?
- MU runs the higher net margin — MU at 41.49% versus QCOM at 22.31%.
- Which has been the better investment, MU or QCOM?
- Over the past 10-year, MU delivered the higher annualized total return — MU at 55.52% versus QCOM at 17.83%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Micron Technology P/E ratioQUALCOMM P/E ratioMicron Technology dividend yieldQUALCOMM dividend yieldMicron Technology ROEQUALCOMM ROEMicron Technology operating marginQUALCOMM operating marginMicron Technology revenue growthQUALCOMM revenue growthMicron Technology free cash flowQUALCOMM free cash flow
Micron Technology & QUALCOMM 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 14, 2026.