KLAC vs. MU: KLA vs. Micron Stock Comparison

November 11, 2026

How do KLA (KLAC) 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

KLA (KLAC) and Micron (MU) both belong to the Semiconductors & Semiconductor Equipment industry, though KLAC is classified under Semiconductor Materials & Equipment while MU falls under Semiconductors.

Company profile comparison for KLA (KLAC) and Micron (MU)
Profile Item	KLAC	MU
Name	KLA Corporation	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	Semiconductor Materials & Equipment	Semiconductors
Market Capitalization	180.45 billion USD	780.68 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	October 8, 1980	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

KLAC

GSPC

KLA (KLAC) 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 KLA (KLAC) and Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Total Return (1Y)	26.92%	208.53%
Total Return (3Y, Annualized)	44.97%	115.89%
Total Return (5Y, Annualized)	30.55%	58.28%

Risk Profile

Drawdown History

KLAC

GSPC

KLA (KLAC) 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 KLA (KLAC) and Micron (MU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Volatility (1Y, Annualized)	63.92%	83.85%
Beta (5Y)	1.51	2.44
Max Drawdown (5Y)	-56.93%	-57.63%
Avg. Volume (3M)	10.66M	27.63M

Risk-Adjusted Performance

Risk-Return Positioning

KLAC 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 KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Sharpe Ratio (1Y)	0.35	2.44
Sortino Ratio (1Y)	0.50	3.87

Profitability

ROE (TTM)

Both KLA (KLAC) at 91.38% 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.

KLAC

Semiconductors & Semiconductor Equipment industry group

91.38%

KLAC: 91.38%
Max: 52.82%
Q3: 22.26%
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%

KLA (KLAC) 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 KLA (KLAC) at 36.25% and Micron (MU) at 63.80% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

KLAC

Semiconductors & Semiconductor Equipment industry group

36.25%

Max: 63.80%
KLAC: 36.25%
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%

KLA (KLAC) 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 KLA (KLAC) at 45.01% also operates in the top quartile.

KLAC

Semiconductors & Semiconductor Equipment industry group

45.01%

Max: 58.66%
KLAC: 45.01%
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%

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

Profitability Metrics

Profitability metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
ROE (TTM)	91.38%	88.26%
ROA (TTM)	22.27%	44.56%
Net Margin (TTM)	36.25%	63.80%
Operating Margin (TTM)	45.01%	80.68%
Gross Margin (TTM)	61.47%	80.72%

Growth

Revenue Growth

Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than KLA (KLAC) at 11.71%, which is closer to a typical peer reading.

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

EPS Growth

Micron (MU) at 879.31% clears its industry range for EPS growth, a much stronger earnings trajectory than KLA (KLAC) at 20.51%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Revenue Growth (YoY)	11.71%	256.33%
Revenue Growth (3Y CAGR)	8.96%	104.65%
EPS Growth (YoY)	20.51%	879.31%
EPS Growth (3Y CAGR)	14.87%	--

Financial Strength

Current Ratio (MRQ)

Both KLA (KLAC) at 2.76 and Micron (MU) at 3.31 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

KLAC

Semiconductors & Semiconductor Equipment industry group

2.76

Max: 10.33
Q3: 5.62
Median: 3.33
KLAC: 2.76
Q1: 2.35
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

KLA (KLAC) 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 quartile, while KLA (KLAC) at 0.92 sits in the higher-leverage quartile.

KLAC

Semiconductors & Semiconductor Equipment industry group

0.92

Max: 1.46
KLAC: 0.92
Q3: 0.65
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

KLA (KLAC) 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 KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Current Ratio (MRQ)	2.76	3.31
Debt / Equity (MRQ)	0.92	0.04
Net Debt / EBITDA	0.19	-0.35

Dividends

Dividend Yield (TTM)

Both KLA (KLAC) at 0.65% and Micron (MU) at 0.09% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

KLAC

Semiconductors & Semiconductor Equipment industry group

0.65%

Max: 1.37%
Q3: 0.65%
KLAC: 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%

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

Dividend Payout Ratio (TTM)

Both KLA (KLAC) at 21.03% 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.

KLAC

Semiconductors & Semiconductor Equipment industry group

21.03%

Max: 49.64%
Q3: 21.71%
KLAC: 21.03%
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%

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

Dividend Metrics

Dividend metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
Dividend Yield (TTM)	0.65%	0.09%
Dividend Payout Ratio (TTM)	21.03%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while KLA (KLAC) at 34.71 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.

KLAC

Semiconductors & Semiconductor Equipment industry group

34.71

Max: 110.34
Q3: 66.81
Median: 37.02
KLAC: 34.71
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

KLA (KLAC) 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 KLA (KLAC) at 12.44 sits in the pricier quartile — KLAC costs more per dollar of sales.

KLAC

Semiconductors & Semiconductor Equipment industry group

12.44

Max: 21.42
KLAC: 12.44
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

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

P/B Ratio (MRQ)

Micron (MU) at 5.64 sits near its industry’s typical P/B ratio, while KLA (KLAC) at 27.67 prices above its benchmark range — KLAC looks rich relative to book.

KLAC

Semiconductors & Semiconductor Equipment industry group

27.67

KLAC: 27.67
Max: 14.06
Q3: 7.44
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

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

Valuation Metrics

Valuation metrics for KLA (KLAC) and Micron (MU)
Metric	KLAC	MU
P/E Ratio (TTM)	34.71	9.28
P/S Ratio (TTM)	12.44	5.86
P/B Ratio (MRQ)	27.67	5.64
Free Cash Flow Yield (TTM)	1.56%	3.73%