MU vs. QCOM: Micron vs. QUALCOMM Stock Comparison

November 11, 2026

How do Micron (MU) and QUALCOMM (QCOM) 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 QUALCOMM (QCOM) 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 Micron (MU) and QUALCOMM (QCOM)
Profile Item	MU	QCOM
Name	Micron Technology Inc.	QUALCOMM Incorporated
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	780.68 billion USD	176.99 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 1, 1984	December 13, 1991
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

QCOM

GSPC

Micron (MU) vs. QUALCOMM (QCOM), 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 Micron (MU) and QUALCOMM (QCOM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Total Return (1Y)	208.53%	4.41%
Total Return (3Y, Annualized)	115.89%	15.75%
Total Return (5Y, Annualized)	58.28%	3.17%

Risk Profile

Drawdown History

QCOM

GSPC

Micron (MU) vs. QUALCOMM (QCOM), 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 Micron (MU) and QUALCOMM (QCOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Volatility (1Y, Annualized)	83.85%	55.42%
Beta (5Y)	2.44	1.73
Max Drawdown (5Y)	-57.63%	-44.29%
Avg. Volume (3M)	27.63M	12.25M

Risk-Adjusted Performance

Risk-Return Positioning

MU and QCOM 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 Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Sharpe Ratio (1Y)	2.44	0.00
Sortino Ratio (1Y)	3.87	0.00

Profitability

ROE (TTM)

Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; QUALCOMM (QCOM) at 52.82% also sits in the top quartile.

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%

QCOM

Semiconductors & Semiconductor Equipment industry group

52.82%

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

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

Net Margin (TTM)

For every dollar of sales, both Micron (MU) at 63.80% and QUALCOMM (QCOM) at 31.61% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

QCOM

Semiconductors & Semiconductor Equipment industry group

31.61%

Max: 63.80%
QCOM: 31.61%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

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

Operating Margin (TTM)

Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while QUALCOMM (QCOM) at 15.41% 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%

QCOM

Semiconductors & Semiconductor Equipment industry group

15.41%

Max: 58.66%
Q3: 30.23%
Median: 15.91%
QCOM: 15.41%
Q1: 7.54%
Min: -25.74%

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

Profitability Metrics

Profitability metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
ROE (TTM)	88.26%	52.82%
ROA (TTM)	44.56%	10.13%
Net Margin (TTM)	63.80%	31.61%
Operating Margin (TTM)	80.68%	15.41%
Gross Margin (TTM)	80.72%	53.10%

Growth

Revenue Growth

Micron (MU) at 256.33% delivers above-range revenue growth, while QUALCOMM (QCOM) at -2.63% falls into the bottom quartile — a wide split in revenue momentum.

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

EPS Growth

Both Micron (MU) at 879.31% and QUALCOMM (QCOM) at 153.49% 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.

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

Growth Metrics

Growth metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Revenue Growth (YoY)	256.33%	-2.63%
Revenue Growth (3Y CAGR)	104.65%	6.38%
EPS Growth (YoY)	879.31%	153.49%
EPS Growth (3Y CAGR)	--	25.53%

Financial Strength

Current Ratio (MRQ)

Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while QUALCOMM (QCOM) at 1.86 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for QCOM.

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

QCOM

Semiconductors & Semiconductor Equipment industry group

1.86

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
QCOM: 1.86
Min: 1.03

Micron (MU) vs. QUALCOMM (QCOM): 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 QUALCOMM (QCOM) at 0.53 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

QCOM

Semiconductors & Semiconductor Equipment industry group

0.53

Max: 1.46
Q3: 0.65
QCOM: 0.53
Median: 0.27
Q1: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Current Ratio (MRQ)	3.31	1.86
Debt / Equity (MRQ)	0.04	0.53
Net Debt / EBITDA	-0.35	0.78

Dividends

Dividend Yield (TTM)

Micron (MU) at 0.09% pays an industry-typical yield; QUALCOMM (QCOM) at 2.31% 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.

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%

QCOM

Semiconductors & Semiconductor Equipment industry group

2.31%

QCOM: 2.31%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron (MU) vs. QUALCOMM (QCOM): 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 QUALCOMM (QCOM) at 28.50% distributes more than its industry norm — less retained, thinner cover.

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%

QCOM

Semiconductors & Semiconductor Equipment industry group

28.50%

Max: 49.64%
QCOM: 28.50%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
Dividend Yield (TTM)	0.09%	2.31%
Dividend Payout Ratio (TTM)	0.71%	28.50%

Valuation

P/E Ratio (TTM)

Both Micron (MU) at 9.28 and QUALCOMM (QCOM) at 13.02 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

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

QCOM

Semiconductors & Semiconductor Equipment industry group

13.02

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
QCOM: 13.02
Min: 8.12

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

P/S Ratio (TTM)

On P/S ratio, both Micron (MU) at 5.86 and QUALCOMM (QCOM) at 4.10 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

QCOM

Semiconductors & Semiconductor Equipment industry group

4.10

Max: 21.42
Q3: 12.27
Median: 5.76
QCOM: 4.10
Q1: 2.73
Min: 0.00

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

P/B Ratio (MRQ)

On P/B ratio, both Micron (MU) at 5.64 and QUALCOMM (QCOM) at 5.83 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

QCOM

Semiconductors & Semiconductor Equipment industry group

5.83

Max: 14.06
Q3: 7.44
QCOM: 5.83
Median: 4.29
Q1: 2.30
Min: 0.20

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

Valuation Metrics

Valuation metrics for Micron (MU) and QUALCOMM (QCOM)
Metric	MU	QCOM
P/E Ratio (TTM)	9.28	13.02
P/S Ratio (TTM)	5.86	4.10
P/B Ratio (MRQ)	5.64	5.83
Free Cash Flow Yield (TTM)	3.73%	5.15%