AAPL vs. MU: Apple vs. Micron Stock Comparison

October 14, 2026

How do Apple (AAPL) and Micron (MU) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Apple (AAPL) and Micron (MU) share the Information Technology sector but sit in different industry groups — AAPL in Technology Hardware & Equipment and MU in Semiconductors & Semiconductor Equipment.

Company profile comparison for Apple (AAPL) and Micron (MU)
Profile Item	AAPL	MU
Name	Apple Inc.	Micron Technology Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Technology Hardware, Storage & Peripherals	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Technology Hardware, Storage & Peripherals	Semiconductors
Market Capitalization	4,976.18 billion USD	1,119.02 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	December 12, 1980	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AAPL

GSPC

Apple (AAPL) vs. Micron (MU), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Apple (AAPL) and Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Apple (AAPL) and Micron (MU). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Total Return (1Y)	40.15%	385.87%
Total Return (3Y, Annualized)	25.14%	138.98%
Total Return (5Y, Annualized)	20.27%	70.56%

Risk Profile

Drawdown History

AAPL

GSPC

Apple (AAPL) vs. Micron (MU), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Apple (AAPL) and Micron (MU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Micron (MU) carries a highly aggressive beta of 2.32, indicating much higher sensitivity to broad-market moves, whereas Apple (AAPL) is closer to market-like at 1.08 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Volatility (1Y, Annualized)	24.46%	81.18%
Beta (5Y)	1.08	2.32
Max Drawdown (5Y)	-33.36%	-57.63%
Avg. Volume (3M)	44.50M	32.08M

Risk-Adjusted Performance

Risk-Return Positioning

AAPL and MU are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Sharpe Ratio (1Y)	1.46	4.70
Sortino Ratio (1Y)	2.15	7.89

Profitability

ROE (TTM)

Both Apple (AAPL) at 148.75% and Micron (MU) at 88.26% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

AAPL

Technology Hardware & Equipment industry group

148.75%

AAPL: 148.75%
Max: 44.01%
Q3: 18.64%
Median: 10.41%
Q1: 0.19%
Min: -24.95%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 53.94%
Q3: 21.11%
Median: 8.89%
Q1: -3.62%
Min: -21.32%

Apple (AAPL) vs. Micron (MU): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

Micron (MU) at 63.80% keeps the most of each sales dollar — above its industry’s net margin range — and Apple (AAPL) at 27.62% also retains a top-quartile share.

AAPL

Technology Hardware & Equipment industry group

27.62%

AAPL: 27.62%
Max: 27.62%
Q3: 10.85%
Median: 3.68%
Q1: -0.47%
Min: -12.98%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

MU: 63.80%
Max: 57.64%
Q3: 23.53%
Median: 10.09%
Q1: 0.00%
Min: -34.50%

Apple (AAPL) vs. Micron (MU): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Micron (MU) at 80.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Apple (AAPL) at 32.62% also operates in the top quartile.

AAPL

Technology Hardware & Equipment industry group

32.62%

Max: 36.27%
AAPL: 32.62%
Q3: 17.59%
Median: 7.45%
Q1: 1.96%
Min: -21.39%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 60.34%
Q3: 23.65%
Median: 13.33%
Q1: -0.91%
Min: -31.62%

Apple (AAPL) vs. Micron (MU): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
ROE (TTM)	148.75%	88.26%
ROA (TTM)	27.08%	44.56%
Net Margin (TTM)	27.62%	63.80%
Operating Margin (TTM)	32.62%	80.68%
Gross Margin (TTM)	48.65%	80.72%

Growth

Revenue Growth

Micron (MU) at 48.85% sits in the top revenue growth quartile, while Apple (AAPL) at 6.43% is closer to the peer norm — faster top-line expansion for MU.

Apple (AAPL) vs. Micron (MU): A comparison of their Revenue Growth across different time periods.

EPS Growth

Micron (MU) at 984.29% clears its industry range for EPS growth, a much stronger earnings trajectory than Apple (AAPL) at 22.70%, which is closer to a typical peer reading.

Apple (AAPL) vs. Micron (MU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Revenue Growth (YoY)	6.43%	48.85%
Revenue Growth (3Y CAGR)	1.81%	6.71%
EPS Growth (YoY)	22.70%	984.29%
EPS Growth (3Y CAGR)	6.88%	-0.69%

Financial Strength

Current Ratio (MRQ)

Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while Apple (AAPL) at 1.00 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AAPL.

AAPL

Technology Hardware & Equipment industry group

1.00

Max: 5.34
Q3: 3.18
Median: 2.02
Q1: 1.32
AAPL: 1.00
Min: 0.17

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 9.75
Q3: 5.33
MU: 3.31
Median: 3.31
Q1: 2.26
Min: 1.03

Apple (AAPL) vs. Micron (MU): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Micron (MU) at 0.04 keeps leverage in the lower quartile, while Apple (AAPL) at 0.78 sits in the higher-leverage quartile.

AAPL

Technology Hardware & Equipment industry group

0.78

Max: 1.80
AAPL: 0.78
Q3: 0.78
Median: 0.24
Q1: 0.04
Min: 0.00

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.44
Q3: 0.65
Median: 0.17
Q1: 0.04
MU: 0.04
Min: 0.00

Apple (AAPL) vs. Micron (MU): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Current Ratio (MRQ)	1.00	3.31
Debt / Equity (MRQ)	0.78	0.04
Net Debt / EBITDA	0.13	-0.35

Dividends

Dividend Yield (TTM)

Both Apple (AAPL) at 0.31% and Micron (MU) at 0.05% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AAPL

Technology Hardware & Equipment industry group

0.31%

Max: 0.83%
Q3: 0.34%
AAPL: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MU

Semiconductors & Semiconductor Equipment industry group

0.05%

Max: 0.76%
Q3: 0.34%
MU: 0.05%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Apple (AAPL) vs. Micron (MU): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Both Apple (AAPL) at 12.04% and Micron (MU) at 0.71% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AAPL

Technology Hardware & Equipment industry group

12.04%

Max: 41.44%
Q3: 18.11%
AAPL: 12.04%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 45.89%
Q3: 19.03%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Apple (AAPL) vs. Micron (MU): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
Dividend Yield (TTM)	0.31%	0.05%
Dividend Payout Ratio (TTM)	12.04%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 13.31 sits in the cheaper P/E ratio quartile, while Apple (AAPL) at 39.10 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.

AAPL

Technology Hardware & Equipment industry group

39.10

Max: 91.79
Q3: 53.64
AAPL: 39.10
Median: 35.67
Q1: 21.42
Min: 11.40

MU

Semiconductors & Semiconductor Equipment industry group

13.31

Max: 159.66
Q3: 102.91
Median: 48.46
Q1: 31.49
MU: 13.31
Min: 10.35

Apple (AAPL) vs. Micron (MU): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

Micron (MU) at 8.40 is priced about in line with its industry on P/S ratio, while Apple (AAPL) at 10.66 sits in the pricier quartile — AAPL costs more per dollar of sales.

AAPL

Technology Hardware & Equipment industry group

10.66

Max: 14.34
AAPL: 10.66
Q3: 7.85
Median: 3.28
Q1: 1.35
Min: 0.00

MU

Semiconductors & Semiconductor Equipment industry group

8.40

Max: 36.50
Q3: 17.08
MU: 8.40
Median: 7.72
Q1: 3.52
Min: 0.01

Apple (AAPL) vs. Micron (MU): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

Micron (MU) at 8.08 sits near its industry’s typical P/B ratio, while Apple (AAPL) at 46.33 prices above its benchmark range — AAPL looks rich relative to book.

AAPL

Technology Hardware & Equipment industry group

46.33

AAPL: 46.33
Max: 10.62
Q3: 6.72
Median: 3.64
Q1: 2.19
Min: 0.30

MU

Semiconductors & Semiconductor Equipment industry group

8.08

Max: 23.87
Q3: 11.56
MU: 8.08
Median: 5.87
Q1: 3.28
Min: 0.17

Apple (AAPL) vs. Micron (MU): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Apple (AAPL) and Micron (MU)
Metric	AAPL	MU
P/E Ratio (TTM)	39.10	13.31
P/S Ratio (TTM)	10.66	8.40
P/B Ratio (MRQ)	46.33	8.08
Free Cash Flow Yield (TTM)	2.16%	2.60%