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 30y
MU +6496.8%QCOM +7028.6%QCOM compounded faster
02k4k6k8kStart $100200120062011201620212026$6,597$7,129
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 9

It depends on what you're optimizing for:

ValueQCOM(lower P/E)
GrowthMU(faster 5Y revenue CAGR)
IncomeQCOM(higher dividend yield)
QualityQCOM(higher ROIC)

Valuation

MetricMUQCOM
P/E ratio46.3222.72
Forward P/E19.72
P/S ratio19.255.10
P/B ratio15.448.32
PEG ratio0.023.96
EV / EBITDA30.0816.71
FCF yield0.92%5.51%

Profitability

MetricMUQCOM
Gross margin58.44%54.80%
Operating margin48.52%25.52%
Net margin41.49%22.31%
ROE33.28%36.38%
ROIC12.12%13.15%

Dividends

MetricMUQCOM
Dividend yield0.05%1.70%
Payout ratio6.47%70.95%

Growth (annualized)

MetricMUQCOM
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.

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.