GLW vs. MU: Corning vs. Micron Stock Comparison
How do Corning (GLW) 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
Corning (GLW) and Micron (MU) share the Information Technology sector but sit in different industry groups — GLW in Technology Hardware & Equipment and MU in Semiconductors & Semiconductor Equipment.
| Profile Item | GLW | MU |
|---|---|---|
| Name | Corning Incorporated | 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 | Electronic Equipment, Instruments & Components | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Electronic Components | Semiconductors |
| Market Capitalization | 91.42 billion USD | 780.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 31, 1981 | June 1, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | MU |
|---|---|---|
| Total Return (1Y) | 35.36% | 208.53% |
| Total Return (3Y, Annualized) | 65.24% | 115.89% |
| Total Return (5Y, Annualized) | 27.74% | 58.28% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Micron (MU) carries a highly aggressive beta of 2.44, indicating much higher sensitivity to broad-market moves, whereas Corning (GLW) is closer to market-like at 1.25 — a noticeable difference in market-sensitivity profile.
| Metric | GLW | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 83.85% |
| Beta (5Y) | 1.25 | 2.44 |
| Max Drawdown (5Y) | -59.47% | -57.63% |
| Avg. Volume (3M) | 9.07M | 27.63M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | MU |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 2.44 |
| Sortino Ratio (1Y) | 0.60 | 3.87 |
Profitability
ROE (TTM)
Micron (MU) at 88.26% clears its industry range for ROE, a sharper capital-efficiency signal than Corning (GLW) at 17.88%, which is closer to a typical peer reading.
GLW
Technology Hardware & Equipment industry group
17.88%
- Max
- 42.47%
- Q3
- 19.13%
- GLW
- 17.88%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
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%
Net Margin (TTM)
For every dollar of sales, both Corning (GLW) at 12.13% and Micron (MU) at 63.80% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GLW
Technology Hardware & Equipment industry group
12.13%
- Max
- 27.60%
- GLW
- 12.13%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
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%
Operating Margin (TTM)
Micron (MU) at 80.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Corning (GLW) at 18.95% also operates in the top quartile.
GLW
Technology Hardware & Equipment industry group
18.95%
- Max
- 36.27%
- GLW
- 18.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
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%
Profitability Metrics
| Metric | GLW | MU |
|---|---|---|
| ROE (TTM) | 17.88% | 88.26% |
| ROA (TTM) | 5.80% | 44.56% |
| Net Margin (TTM) | 12.13% | 63.80% |
| Operating Margin (TTM) | 18.95% | 80.68% |
| Gross Margin (TTM) | 36.48% | 80.72% |
Growth
Revenue Growth
Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than Corning (GLW) at 19.14%, which is closer to a typical peer reading.
EPS Growth
Both Corning (GLW) at 215.52% and Micron (MU) at 879.31% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | GLW | MU |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 256.33% |
| Revenue Growth (3Y CAGR) | 3.27% | 104.65% |
| EPS Growth (YoY) | 215.52% | 879.31% |
| EPS Growth (3Y CAGR) | 5.92% | -- |
Financial Strength
Current Ratio (MRQ)
Both Corning (GLW) at 1.72 and Micron (MU) at 3.31 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
GLW
Technology Hardware & Equipment industry group
1.72
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- GLW
- 1.72
- Q1
- 1.32
- Min
- 0.17
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
Debt / Equity (MRQ)
Micron (MU) at 0.04 keeps leverage in the lower industry quartile, while Corning (GLW) at 0.64 runs a more typical debt-to-equity mix.
GLW
Technology Hardware & Equipment industry group
0.64
- Max
- 1.76
- Q3
- 0.78
- GLW
- 0.64
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
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
Financial Strength Metrics
| Metric | GLW | MU |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 3.31 |
| Debt / Equity (MRQ) | 0.64 | 0.04 |
| Net Debt / EBITDA | 1.49 | -0.35 |
Dividends
Dividend Yield (TTM)
Micron (MU) at 0.09% pays an industry-typical yield; Corning (GLW) at 1.08% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
GLW
Technology Hardware & Equipment industry group
1.08%
- GLW
- 1.08%
- Max
- 0.73%
- Q3
- 0.31%
- 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%
Dividend Payout Ratio (TTM)
Micron (MU) at 0.71% keeps its payout in the industry’s typical band, while Corning (GLW) at 45.34% pays out more than any of its peers — the most stretched cover in its group.
GLW
Technology Hardware & Equipment industry group
45.34%
- GLW
- 45.34%
- Max
- 32.27%
- Q3
- 14.48%
- 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%
Dividend Metrics
| Metric | GLW | MU |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 0.09% |
| Dividend Payout Ratio (TTM) | 45.34% | 0.71% |
Valuation
P/E Ratio (TTM)
Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Corning (GLW) at 42.97 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
GLW
Technology Hardware & Equipment industry group
42.97
- Max
- 69.48
- GLW
- 42.97
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
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
P/S Ratio (TTM)
On P/S ratio, both Corning (GLW) at 5.16 and Micron (MU) at 5.86 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
GLW
Technology Hardware & Equipment industry group
5.16
- Max
- 11.30
- Q3
- 5.82
- GLW
- 5.16
- Median
- 2.56
- Q1
- 1.05
- 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
P/B Ratio (MRQ)
Micron (MU) at 5.64 is valued about in line with its industry on P/B ratio, while Corning (GLW) at 7.03 carries an above-peer premium to book — GLW is pricier on assets.
GLW
Technology Hardware & Equipment industry group
7.03
- Max
- 10.75
- GLW
- 7.03
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
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
Valuation Metrics
| Metric | GLW | MU |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 9.28 |
| P/S Ratio (TTM) | 5.16 | 5.86 |
| P/B Ratio (MRQ) | 7.03 | 5.64 |
| Free Cash Flow Yield (TTM) | 0.95% | 3.73% |