Micron Technology, Inc. (MU) vs SK hynix Inc. (SKHY)
A side-by-side comparison of Micron Technology, Inc. and SK hynix Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 5, 2026. Differences are shown without an overall score or investment verdict.
MU
Micron Technology, Inc.
$1,074.89TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
SKHY
SK hynix Inc.
$195.13TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — MU vs SKHY
growth of $100 · dividends reinvested · last 1yMU +13.3% (+13.3%/yr)SKHY +16.2% (+16.2%/yr)SKHY compounded faster over this window
MU SKHY
MU vs SKHY: by the numbers
- •SKHY is the larger company ($1.39T vs $1.21T market cap).
- •SKHY trades at the lower trailing earnings multiple (13.05 vs 14.48 P/E), one valuation lens rather than an overall verdict.
- •SKHY converts more revenue to profit (84.61% vs 63.80% net margin).
- •MU grew revenue faster over the past five years (36.88% vs 32.47% CAGR).
- •MU pays a dividend (0.04% yield), while SKHY is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | MU | SKHY |
|---|---|---|
| P/E ratio | 14.48 | 13.05 |
| Forward P/E | 6.26 | N/A |
| PEG ratio | 0.21 | 0.29 |
| P/S ratio | 9.11 | 11.01 |
| P/B ratio | 8.77 | 8.21 |
| EV / EBITDA | 10.84 | 14.51 |
| FCF yield | 4.36% | 4.33% |
Profitability
| Metric | MU | SKHY |
|---|---|---|
| Gross margin | 80.72% | 60.41% |
| Operating margin | 74.59% | 48.59% |
| Net margin | 63.80% | 84.61% |
| ROE | 61.40% | 63.11% |
| ROIC | 58.99% | 35.35% |
Dividends
| Metric | MU | SKHY |
|---|---|---|
| Dividend yield | 0.04% | N/A |
| Payout ratio | 0.56% | N/A |
Growth (annualized)
| Metric | MU | SKHY |
|---|---|---|
| Revenue CAGR (5Y) | 36.88% | 32.47% |
| EPS CAGR (5Y) | 70.47% | 46.33% |
| FCF CAGR (5Y) | 85.01% | 118.86% |
| Total return CAGR (5Y) | 72.99% | N/A |
Frequently asked
- Which has the lower trailing P/E, MU or SKHY?
- SKHY has the lower trailing P/E: MU trades at 14.48 and SKHY at 13.05. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MU or SKHY?
- Over the past five years, MU grew revenue faster — MU at a 36.88% CAGR versus SKHY at 32.47%.
- Does MU or SKHY pay a bigger dividend?
- MU pays a dividend (0.04% yield), while SKHY is a former payer with no current dividend run rate.
- Is MU or SKHY more profitable?
- SKHY runs the higher net margin — MU at 63.80% versus SKHY at 84.61%.
Go deeper
Dig into the metrics
Micron Technology P/E ratioSK hynix P/E ratioMicron Technology dividend yieldMicron Technology ROESK hynix ROEMicron Technology operating marginSK hynix operating marginMicron Technology revenue growthSK hynix revenue growthMicron Technology free cash flowSK hynix free cash flow
Micron Technology & SK hynix 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 October 5, 2026.