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MU vs. SKHY: Micron Technology vs. SK hynix Stock Comparison

How do Micron Technology (MU) and SK hynix (SKHY) 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 Technology (MU) and SK hynix (SKHY) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Micron Technology (MU) has been public since June 1, 1984, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.

Micron Technology (MU) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Micron Technology (MU) and SK hynix (SKHY)
Profile ItemMUSKHY
NameMicron Technology, Inc.SK hynix Inc. American Depositary Receipt
Country/RegionUnited StatesSouth Korea
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization987.84 billion USD1,057.68 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJune 1, 1984July 10, 2026
Security TypeCommon StockADR

Price Performance

Cumulative Growth

MU
SKHY
GSPC
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Micron Technology (MU) vs. SK hynix (SKHY), 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 Technology (MU) and SK hynix (SKHY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Micron Technology (MU) and SK hynix (SKHY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Total Return (1Y)663.52%--
Total Return (3Y, Annualized)131.59%--
Total Return (5Y, Annualized)63.16%--

Risk Profile

Drawdown History

MU
SKHY
GSPC
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Micron Technology (MU) vs. SK hynix (SKHY), 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 Technology (MU) and SK hynix (SKHY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Volatility (1Y, Annualized)81.00%188.96%
Beta (5Y)2.20--
Max Drawdown (5Y)-57.63%-34.62%
Avg. Volume (3M)53.15M55.34M

Risk-Adjusted Performance

Risk-Return Positioning

Both MU and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Sharpe Ratio (1Y)8.14--
Sortino Ratio (1Y)13.99--

Profitability

ROE (TTM)

Both Micron Technology (MU) at 66.64% and SK hynix (SKHY) at 92.68% 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.

MU

Semiconductors & Semiconductor Equipment industry group

66.64%

MU
66.64%
Max
39.97%
Q3
18.79%
Median
6.84%
Q1
-4.16%
Min
-33.94%

SKHY

Semiconductors & Semiconductor Equipment industry group

92.68%

SKHY
92.68%
Max
39.97%
Q3
18.79%
Median
6.84%
Q1
-4.16%
Min
-33.94%
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

SK hynix (SKHY) at 85.68% keeps the most of each sales dollar — above its industry’s net margin range — and Micron Technology (MU) at 55.91% also retains a top-quartile share.

MU

Semiconductors & Semiconductor Equipment industry group

55.91%

Max
57.64%
MU
55.91%
Q3
22.98%
Median
8.03%
Q1
-1.87%
Min
-32.92%

SKHY

Semiconductors & Semiconductor Equipment industry group

85.68%

SKHY
85.68%
Max
57.64%
Q3
22.98%
Median
8.03%
Q1
-1.87%
Min
-32.92%
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Before financing and tax, both Micron Technology (MU) at 80.37% and SK hynix (SKHY) at 76.33% run unusually efficient core operations — each operating margin clears its industry’s benchmark range.

MU

Semiconductors & Semiconductor Equipment industry group

80.37%

MU
80.37%
Max
60.34%
Q3
22.41%
Median
12.19%
Q1
-4.32%
Min
-20.43%

SKHY

Semiconductors & Semiconductor Equipment industry group

76.33%

SKHY
76.33%
Max
60.34%
Q3
22.41%
Median
12.19%
Q1
-4.32%
Min
-20.43%
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
ROE (TTM)66.64%92.68%
ROA (TTM)34.87%33.66%
Net Margin (TTM)55.91%85.68%
Operating Margin (TTM)80.37%76.33%
Gross Margin (TTM)72.57%70.20%

Growth

Revenue Growth

Both Micron Technology (MU) at 48.85% and SK hynix (SKHY) at 46.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Micron Technology (MU) at 984.29% is the standout with EPS growth above its industry range; SK hynix (SKHY) at 112.46% also sits in the top quartile.

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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Revenue Growth (YoY)48.85%46.76%
Revenue Growth (3Y CAGR)6.71%29.61%
EPS Growth (YoY)984.29%112.46%
EPS Growth (3Y CAGR)-0.69%165.07%

Financial Strength

Current Ratio (MRQ)

Micron Technology (MU) at 3.43 keeps current ratio within its industry’s typical mid-range, while SK hynix (SKHY) at 17.54 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

MU

Semiconductors & Semiconductor Equipment industry group

3.43

Max
11.70
Q3
6.15
MU
3.43
Median
3.32
Q1
2.37
Min
0.51

SKHY

Semiconductors & Semiconductor Equipment industry group

17.54

SKHY
17.54
Max
11.70
Q3
6.15
Median
3.32
Q1
2.37
Min
0.51
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Micron Technology (MU) at 0.06 and SK hynix (SKHY) at 0.07 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

MU

Semiconductors & Semiconductor Equipment industry group

0.06

Max
1.53
Q3
0.64
Median
0.23
MU
0.06
Q1
0.05
Min
0.00

SKHY

Semiconductors & Semiconductor Equipment industry group

0.07

Max
1.53
Q3
0.64
Median
0.23
SKHY
0.07
Q1
0.05
Min
0.00
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Current Ratio (MRQ)3.4317.54
Debt / Equity (MRQ)0.060.07
Net Debt / EBITDA-0.29-0.48

Dividends

Dividend Yield (TTM)

Micron Technology (MU) at 0.07% pays an industry-typical yield; SK hynix (SKHY) at 2,070.35% 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

0.07%

Max
0.37%
Q3
0.16%
MU
0.07%
Median
0.00%
Q1
0.00%
Min
0.00%

SKHY

Semiconductors & Semiconductor Equipment industry group

2,070.35%

SKHY
2,070.35%
Max
0.37%
Q3
0.16%
Median
0.00%
Q1
0.00%
Min
0.00%
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

SK hynix (SKHY) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron Technology (MU) reports a payout of 1.12%, ranking against industry peers normally.

MU

Semiconductors & Semiconductor Equipment industry group

1.12%

Max
41.26%
Q3
19.09%
MU
1.12%
Median
0.00%
Q1
0.00%
Min
0.00%

SKHY

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
41.26%
Q3
19.09%
SKHY
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
Dividend Yield (TTM)0.07%2,070.35%
Dividend Payout Ratio (TTM)1.12%0.00%

Valuation

P/E Ratio (TTM)

Both Micron Technology (MU) at 16.70 and SK hynix (SKHY) at 17.61 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

16.70

Max
169.32
Q3
94.75
Median
48.97
Q1
33.94
MU
16.70
Min
10.31

SKHY

Semiconductors & Semiconductor Equipment industry group

17.61

Max
169.32
Q3
94.75
Median
48.97
Q1
33.94
SKHY
17.61
Min
10.31
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

SK hynix (SKHY) at 0.01 sits in the cheaper P/S ratio quartile while Micron Technology (MU) at 10.94 prices around its industry’s middle — SKHY costs less per dollar of sales, though read it alongside growth and margins.

MU

Semiconductors & Semiconductor Equipment industry group

10.94

Max
32.02
Q3
17.35
MU
10.94
Median
8.15
Q1
3.33
Min
0.01

SKHY

Semiconductors & Semiconductor Equipment industry group

0.01

Max
32.02
Q3
17.35
Median
8.15
Q1
3.33
SKHY
0.01
Min
0.01
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Micron Technology (MU) vs. SK hynix (SKHY): 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 Technology (MU) at 9.80 and SK hynix (SKHY) at 9.42 are valued close to their industries’ norm against book — neither stands out from peers.

MU

Semiconductors & Semiconductor Equipment industry group

9.80

Max
21.04
Q3
10.39
MU
9.80
Median
5.94
Q1
3.10
Min
0.19

SKHY

Semiconductors & Semiconductor Equipment industry group

9.42

Max
21.04
Q3
10.39
SKHY
9.42
Median
5.94
Q1
3.10
Min
0.19
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Micron Technology (MU) vs. SK hynix (SKHY): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Micron Technology (MU) and SK hynix (SKHY)
MetricMUSKHY
P/E Ratio (TTM)16.7017.61
P/S Ratio (TTM)10.940.01
P/B Ratio (MRQ)9.809.42
Free Cash Flow Yield (TTM)0.77%--