Micron Technology, Inc. (MU) vs QUALCOMM Incorporated (QCOM)
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 September 11, 2026. Differences are shown without an overall score or investment verdict.
MU
Micron Technology, Inc.
$975.26TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — MU vs QCOM
growth of $100 · dividends reinvested · last 10yMU +5522.2% (+49.6%/yr)QCOM +266.6% (+13.9%/yr)MU compounded faster over this window
Log scale — wide-divergence pair
MU QCOM
MU vs QCOM: by the numbers
- •MU is the larger company ($1.10T vs $191.07B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 22.07 P/E), one valuation lens rather than an overall verdict.
- •MU converts more revenue to profit (55.91% vs 21.01% net margin).
- •MU grew revenue faster over the past five years (29.33% vs 6.23% CAGR).
- •QCOM pays the higher dividend yield (2.05% vs 0.05%).
Metrics side by side
Valuation
| Metric | MU | QCOM |
|---|---|---|
| P/E ratio | 22.07 | 20.77 |
| Forward P/E | 6.28 | 17.26 |
| P/S ratio | 12.20 | 4.34 |
| P/B ratio | 10.94 | 6.91 |
| EV / EBITDA | 15.83 | 17.11 |
| FCF yield | 2.38% | 5.45% |
Profitability
| Metric | MU | QCOM |
|---|---|---|
| Gross margin | 39.79% | 54.23% |
| Operating margin | 26.41% | 23.19% |
| Net margin | 55.91% | 21.01% |
| ROE | 50.11% | 33.48% |
| ROIC | 44.23% | 17.42% |
Dividends
| Metric | MU | QCOM |
|---|---|---|
| Dividend yield | 0.05% | 2.05% |
| Payout ratio | 1.20% | 41.32% |
Growth (annualized)
| Metric | MU | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 29.33% | 6.23% |
| EPS CAGR (5Y) | 25.98% | 2.02% |
| FCF CAGR (5Y) | 172.93% | 2.09% |
| Total return CAGR (5Y) | 68.65% | 6.80% |
Frequently asked
- Which has the lower trailing P/E, MU or QCOM?
- QCOM has the lower trailing P/E: MU trades at 22.07 and QCOM at 20.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MU or QCOM?
- Over the past five years, MU grew revenue faster — MU at a 29.33% CAGR versus QCOM at 6.23%.
- Does MU or QCOM pay a bigger dividend?
- MU yields 0.05% and QCOM yields 2.05% based on trailing dividends and the latest price.
- Is MU or QCOM more profitable?
- MU runs the higher net margin — MU at 55.91% versus QCOM at 21.01%.
- How have MU and QCOM total returns compared?
- Over the past 10 years, MU delivered 50.50% and QCOM delivered 14.33% annualized total return. 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 September 11, 2026.