MU vs. RGTI: Micron vs. Rigetti Computing Stock Comparison
How do Micron (MU) and Rigetti Computing (RGTI) 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 Rigetti Computing (RGTI) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Micron (MU) is a mega-cap company at 780.68 billion USD, while Rigetti Computing (RGTI) is mid-cap at 3.92 billion USD — a noticeably different scale category that can shape how their valuation multiples are read.
Micron (MU) has more than two decades of public-market history since June 1, 1984, whereas Rigetti Computing (RGTI) listed on April 22, 2021 and has a much shorter record to draw on.
| Profile Item | MU | RGTI |
|---|---|---|
| Name | Micron Technology Inc. | Rigetti Computing, 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 | 780.68 billion USD | 3.92 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 1, 1984 | April 22, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MU | RGTI |
|---|---|---|
| Total Return (1Y) | 208.53% | -61.98% |
| Total Return (3Y, Annualized) | 115.89% | 130.39% |
| Total Return (5Y, Annualized) | 58.28% | 3.44% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MU | RGTI |
|---|---|---|
| Volatility (1Y, Annualized) | 83.85% | 96.83% |
| Beta (5Y) | 2.44 | 2.12 |
| Max Drawdown (5Y) | -57.63% | -96.89% |
| Avg. Volume (3M) | 27.63M | 15.76M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MU | RGTI |
|---|---|---|
| Sharpe Ratio (1Y) | 2.44 | -0.68 |
| Sortino Ratio (1Y) | 3.87 | -1.06 |
Profitability
ROE (TTM)
Rigetti Computing (RGTI) reports a negative ROE of -43.77%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Micron (MU) reports 88.26%, ranking against industry peers normally.
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%
RGTI
Semiconductors & Semiconductor Equipment industry group
-43.77%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
- RGTI
- -43.77%
Net Margin (TTM)
Micron (MU) at 63.80% keeps a top-quartile share of each sales dollar as profit, while Rigetti Computing (RGTI) at 0.00% keeps a bottom-quartile 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%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- RGTI
- 0.00%
- Min
- -37.77%
Operating Margin (TTM)
Rigetti Computing (RGTI) reports a negative operating margin of -546.17%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Micron (MU) reports 80.68%, ranking against industry peers normally.
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%
RGTI
Semiconductors & Semiconductor Equipment industry group
-546.17%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
- RGTI
- -546.17%
Profitability Metrics
| Metric | MU | RGTI |
|---|---|---|
| ROE (TTM) | 88.26% | -43.77% |
| ROA (TTM) | 44.56% | -9.45% |
| Net Margin (TTM) | 63.80% | 0.00% |
| Operating Margin (TTM) | 80.68% | -546.17% |
| Gross Margin (TTM) | 80.72% | 34.61% |
Growth
Revenue Growth
Micron (MU) at 256.33% delivers above-range revenue growth, while Rigetti Computing (RGTI) at -34.31% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Only one side can be read here: Micron (MU) reports EPS growth of 879.31%, ranked against its industry; Rigetti Computing (RGTI) has no EPS growth figure this period.
Growth Metrics
| Metric | MU | RGTI |
|---|---|---|
| Revenue Growth (YoY) | 256.33% | -34.31% |
| Revenue Growth (3Y CAGR) | 104.65% | -18.52% |
| EPS Growth (YoY) | 879.31% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both Micron (MU) at 3.31 and Rigetti Computing (RGTI) at 3.94 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
RGTI
Semiconductors & Semiconductor Equipment industry group
3.94
- Max
- 10.33
- Q3
- 5.62
- RGTI
- 3.94
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Micron (MU) at 0.04 and Rigetti Computing (RGTI) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
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
RGTI
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- RGTI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | MU | RGTI |
|---|---|---|
| Current Ratio (MRQ) | 3.31 | 3.94 |
| Debt / Equity (MRQ) | 0.04 | 0.01 |
| Net Debt / EBITDA | -0.35 | -- |
Dividends
Dividend Yield (TTM)
Rigetti Computing (RGTI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron (MU) reports a yield of 0.09%, ranking against industry peers normally.
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%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- RGTI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Rigetti Computing (RGTI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron (MU) reports a payout of 0.71%, ranking against industry peers normally.
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%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- RGTI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MU | RGTI |
|---|---|---|
| Dividend Yield (TTM) | 0.09% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.71% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Micron (MU) trades at 9.28 times trailing earnings, ranked against its peers, while Rigetti Computing (RGTI) has no P/E ratio this period.
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
RGTI
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
- RGTI
- --
P/S Ratio (TTM)
Micron (MU) at 5.86 prices around its industry’s typical P/S ratio, while Rigetti Computing (RGTI) at 293.70 clears its benchmark range — RGTI looks notably rich on sales.
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
RGTI
Semiconductors & Semiconductor Equipment industry group
293.70
- RGTI
- 293.70
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Micron (MU) at 5.64 and Rigetti Computing (RGTI) at 7.29 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
RGTI
Semiconductors & Semiconductor Equipment industry group
7.29
- Max
- 14.06
- Q3
- 7.44
- RGTI
- 7.29
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MU | RGTI |
|---|---|---|
| P/E Ratio (TTM) | 9.28 | -- |
| P/S Ratio (TTM) | 5.86 | 293.70 |
| P/B Ratio (MRQ) | 5.64 | 7.29 |
| Free Cash Flow Yield (TTM) | 3.73% | 0.67% |