MU vs. Q: Micron vs. Qnity Electronics Stock Comparison
How do Micron (MU) and Qnity Electronics (Q) 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
Micron (MU) and Qnity Electronics (Q) both belong to the Semiconductors & Semiconductor Equipment industry, though MU is classified under Semiconductors while Q falls under Semiconductor Materials & Equipment.
Micron (MU) carries decades of public-market history since June 1, 1984, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the MU side.
| Profile Item | MU | Q |
|---|---|---|
| Name | Micron Technology Inc. | Qnity Electronics 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 | Semiconductor Materials & Equipment |
| Market Capitalization | 780.68 billion USD | 24.46 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 1, 1984 | October 27, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MU | Q |
|---|---|---|
| Total Return (1Y) | 208.53% | 35.04% |
| Total Return (3Y, Annualized) | 115.89% | -- |
| Total Return (5Y, Annualized) | 58.28% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MU | Q |
|---|---|---|
| Volatility (1Y, Annualized) | 83.85% | 55.87% |
| Beta (5Y) | 2.44 | 1.49 |
| Max Drawdown (5Y) | -57.63% | -38.03% |
| Avg. Volume (3M) | 27.63M | 1.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MU | Q |
|---|---|---|
| Sharpe Ratio (1Y) | 2.44 | 0.55 |
| Sortino Ratio (1Y) | 3.87 | 0.80 |
Profitability
ROE (TTM)
Micron (MU) at 88.26% clears its industry range for ROE, a sharper capital-efficiency signal than Qnity Electronics (Q) at 6.98%, which is closer to a typical peer reading.
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%
Q
Semiconductors & Semiconductor Equipment industry group
6.98%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q
- 6.98%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Micron (MU) at 63.80% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.
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%
Q
Semiconductors & Semiconductor Equipment industry group
10.16%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q
- 10.16%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while Qnity Electronics (Q) at 25.00% operates around its industry’s norm.
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%
Q
Semiconductors & Semiconductor Equipment industry group
25.00%
- Max
- 58.66%
- Q3
- 30.23%
- Q
- 25.00%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MU | Q |
|---|---|---|
| ROE (TTM) | 88.26% | 6.98% |
| ROA (TTM) | 44.56% | 5.78% |
| Net Margin (TTM) | 63.80% | 10.16% |
| Operating Margin (TTM) | 80.68% | 25.00% |
| Gross Margin (TTM) | 80.72% | 46.92% |
Growth
Revenue Growth
Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than Qnity Electronics (Q) at 9.67%, which is closer to a typical peer reading.
EPS Growth
Micron (MU) at 879.31% clears its industry range for EPS growth, a much stronger earnings trajectory than Qnity Electronics (Q) at -0.27%, which is closer to a typical peer reading.
Growth Metrics
| Metric | MU | Q |
|---|---|---|
| Revenue Growth (YoY) | 256.33% | 9.67% |
| Revenue Growth (3Y CAGR) | 104.65% | -0.01% |
| EPS Growth (YoY) | 879.31% | -0.27% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for Q.
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
Q
Semiconductors & Semiconductor Equipment industry group
2.09
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Q
- 2.09
- Min
- 1.03
Debt / Equity (MRQ)
Micron (MU) at 0.04 keeps leverage in the lower industry quartile, while Qnity Electronics (Q) at 0.57 runs a more typical debt-to-equity mix.
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
Q
Semiconductors & Semiconductor Equipment industry group
0.57
- Max
- 1.46
- Q3
- 0.65
- Q
- 0.57
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MU | Q |
|---|---|---|
| Current Ratio (MRQ) | 3.31 | 2.09 |
| Debt / Equity (MRQ) | 0.04 | 0.57 |
| Net Debt / EBITDA | -0.35 | 2.07 |
Dividends
Dividend Yield (TTM)
Both Micron (MU) at 0.09% and Qnity Electronics (Q) at 0.27% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
Q
Semiconductors & Semiconductor Equipment industry group
0.27%
- Max
- 1.37%
- Q3
- 0.65%
- Q
- 0.27%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Micron (MU) at 0.71% and Qnity Electronics (Q) at 11.28% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
Q
Semiconductors & Semiconductor Equipment industry group
11.28%
- Max
- 49.64%
- Q3
- 21.71%
- Q
- 11.28%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MU | Q |
|---|---|---|
| Dividend Yield (TTM) | 0.09% | 0.27% |
| Dividend Payout Ratio (TTM) | 0.71% | 11.28% |
Valuation
P/E Ratio (TTM)
Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Qnity Electronics (Q) at 43.98 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.
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
Q
Semiconductors & Semiconductor Equipment industry group
43.98
- Max
- 110.34
- Q3
- 66.81
- Q
- 43.98
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
On P/S ratio, both Micron (MU) at 5.86 and Qnity Electronics (Q) at 4.46 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
Q
Semiconductors & Semiconductor Equipment industry group
4.46
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q
- 4.46
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Micron (MU) at 5.64 and Qnity Electronics (Q) at 3.22 are valued close to their industries’ norm against book — neither stands out from peers.
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
Q
Semiconductors & Semiconductor Equipment industry group
3.22
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q
- 3.22
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MU | Q |
|---|---|---|
| P/E Ratio (TTM) | 9.28 | 43.98 |
| P/S Ratio (TTM) | 5.86 | 4.46 |
| P/B Ratio (MRQ) | 5.64 | 3.22 |
| Free Cash Flow Yield (TTM) | 3.73% | 2.85% |