ADI vs. MU: Analog Devices vs. Micron Stock Comparison

November 11, 2026

How do Analog Devices (ADI) 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

Analog Devices (ADI) and Micron (MU) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Analog Devices (ADI) and Micron (MU)
Profile Item	ADI	MU
Name	Analog Devices, Inc.	Micron Technology Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	176.17 billion USD	780.68 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 17, 1980	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ADI

GSPC

Analog Devices (ADI) 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 Analog Devices (ADI) and Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Total Return (1Y)	71.72%	208.53%
Total Return (3Y, Annualized)	34.43%	115.89%
Total Return (5Y, Annualized)	17.89%	58.28%

Risk Profile

Drawdown History

ADI

GSPC

Analog Devices (ADI) 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 Analog Devices (ADI) 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 2.44, indicating much higher sensitivity to broad-market moves, whereas Analog Devices (ADI) is closer to market-like at 1.26 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Volatility (1Y, Annualized)	38.89%	83.85%
Beta (5Y)	1.26	2.44
Max Drawdown (5Y)	-32.20%	-57.63%
Avg. Volume (3M)	3.74M	27.63M

Risk-Adjusted Performance

Risk-Return Positioning

ADI and MU are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Sharpe Ratio (1Y)	1.73	2.44
Sortino Ratio (1Y)	2.56	3.87

Profitability

ROE (TTM)

Micron (MU) at 88.26% clears its industry range for ROE, a sharper capital-efficiency signal than Analog Devices (ADI) at 12.23%, which is closer to a typical peer reading.

ADI

Semiconductors & Semiconductor Equipment industry group

12.23%

Max: 52.82%
Q3: 22.26%
ADI: 12.23%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Analog Devices (ADI) vs. Micron (MU): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Analog Devices (ADI) at 29.79% and Micron (MU) at 63.80% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ADI

Semiconductors & Semiconductor Equipment industry group

29.79%

Max: 63.80%
ADI: 29.79%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

MU: 63.80%
Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Analog Devices (ADI) vs. Micron (MU): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Micron (MU) at 80.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Analog Devices (ADI) at 39.50% also operates in the top quartile.

ADI

Semiconductors & Semiconductor Equipment industry group

39.50%

Max: 58.66%
ADI: 39.50%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Analog Devices (ADI) vs. Micron (MU): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
ROE (TTM)	12.23%	88.26%
ROA (TTM)	6.41%	44.56%
Net Margin (TTM)	29.79%	63.80%
Operating Margin (TTM)	39.50%	80.68%
Gross Margin (TTM)	65.80%	80.72%

Growth

Revenue Growth

Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than Analog Devices (ADI) at 16.89%, which is closer to a typical peer reading.

Analog Devices (ADI) vs. Micron (MU): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Micron (MU) at 879.31% is the standout with EPS growth above its industry range; Analog Devices (ADI) at 39.02% also sits in the top quartile.

Analog Devices (ADI) vs. Micron (MU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Revenue Growth (YoY)	16.89%	256.33%
Revenue Growth (3Y CAGR)	-2.84%	104.65%
EPS Growth (YoY)	39.02%	879.31%
EPS Growth (3Y CAGR)	-4.59%	--

Financial Strength

Current Ratio (MRQ)

Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADI.

ADI

Semiconductors & Semiconductor Equipment industry group

1.25

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
ADI: 1.25
Min: 1.03

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 10.33
Q3: 5.62
Median: 3.33
MU: 3.31
Q1: 2.35
Min: 1.03

Analog Devices (ADI) vs. Micron (MU): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Micron (MU) at 0.04 keeps leverage in the lower industry quartile, while Analog Devices (ADI) at 0.27 runs a more typical debt-to-equity mix.

ADI

Semiconductors & Semiconductor Equipment industry group

0.27

Max: 1.46
Q3: 0.65
ADI: 0.27
Median: 0.27
Q1: 0.04
Min: 0.00

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
MU: 0.04
Min: 0.00

Analog Devices (ADI) vs. Micron (MU): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Current Ratio (MRQ)	1.25	3.31
Debt / Equity (MRQ)	0.27	0.04
Net Debt / EBITDA	0.99	-0.35

Dividends

Dividend Yield (TTM)

Analog Devices (ADI) at 1.19% delivers top-quartile income for its industry, while Micron (MU) at 0.09% pays a more typical yield — both are credible income propositions, ADI the richer one.

ADI

Semiconductors & Semiconductor Equipment industry group

1.19%

Max: 1.37%
ADI: 1.19%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MU

Semiconductors & Semiconductor Equipment industry group

0.09%

Max: 1.37%
Q3: 0.65%
MU: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Analog Devices (ADI) vs. Micron (MU): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Micron (MU) at 0.71% pays out a band-typical share of earnings, while Analog Devices (ADI) at 49.64% distributes more than its industry norm — less retained, thinner cover.

ADI

Semiconductors & Semiconductor Equipment industry group

49.64%

ADI: 49.64%
Max: 49.64%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 49.64%
Q3: 21.71%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Analog Devices (ADI) vs. Micron (MU): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
Dividend Yield (TTM)	1.19%	0.09%
Dividend Payout Ratio (TTM)	49.64%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Analog Devices (ADI) at 43.18 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.

ADI

Semiconductors & Semiconductor Equipment industry group

43.18

Max: 110.34
Q3: 66.81
ADI: 43.18
Median: 37.02
Q1: 23.96
Min: 8.12

MU

Semiconductors & Semiconductor Equipment industry group

9.28

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
MU: 9.28
Min: 8.12

Analog Devices (ADI) vs. Micron (MU): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Micron (MU) at 5.86 is priced about in line with its industry on P/S ratio, while Analog Devices (ADI) at 12.69 sits in the pricier quartile — ADI costs more per dollar of sales.

ADI

Semiconductors & Semiconductor Equipment industry group

12.69

Max: 21.42
ADI: 12.69
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

MU

Semiconductors & Semiconductor Equipment industry group

5.86

Max: 21.42
Q3: 12.27
MU: 5.86
Median: 5.76
Q1: 2.73
Min: 0.00

Analog Devices (ADI) vs. Micron (MU): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Analog Devices (ADI) at 5.25 and Micron (MU) at 5.64 are valued close to their industries’ norm against book — neither stands out from peers.

ADI

Semiconductors & Semiconductor Equipment industry group

5.25

Max: 14.06
Q3: 7.44
ADI: 5.25
Median: 4.29
Q1: 2.30
Min: 0.20

MU

Semiconductors & Semiconductor Equipment industry group

5.64

Max: 14.06
Q3: 7.44
MU: 5.64
Median: 4.29
Q1: 2.30
Min: 0.20

Analog Devices (ADI) vs. Micron (MU): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and Micron (MU)
Metric	ADI	MU
P/E Ratio (TTM)	43.18	9.28
P/S Ratio (TTM)	12.69	5.86
P/B Ratio (MRQ)	5.25	5.64
Free Cash Flow Yield (TTM)	2.35%	3.73%