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.
| Profile Item | MU | SKHY |
|---|---|---|
| Name | Micron Technology, Inc. | SK hynix Inc. American Depositary Receipt |
| Country/Region | United States | South Korea |
| 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 | 987.84 billion USD | 1,057.68 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 1, 1984 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MU | SKHY |
|---|---|---|
| Total Return (1Y) | 663.52% | -- |
| Total Return (3Y, Annualized) | 131.59% | -- |
| Total Return (5Y, Annualized) | 63.16% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MU | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 81.00% | 188.96% |
| Beta (5Y) | 2.20 | -- |
| Max Drawdown (5Y) | -57.63% | -34.62% |
| Avg. Volume (3M) | 53.15M | 55.34M |
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
| Metric | MU | SKHY |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | MU | SKHY |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | MU | SKHY |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | MU | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 3.43 | 17.54 |
| Debt / Equity (MRQ) | 0.06 | 0.07 |
| 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%
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%
Dividend Metrics
| Metric | MU | SKHY |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | MU | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 16.70 | 17.61 |
| P/S Ratio (TTM) | 10.94 | 0.01 |
| P/B Ratio (MRQ) | 9.80 | 9.42 |
| Free Cash Flow Yield (TTM) | 0.77% | -- |