MU vs. SNDK: Micron Technology vs. Sandisk Stock Comparison

August 16, 2026

How do Micron Technology (MU) and Sandisk (SNDK) 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 Sandisk (SNDK) share the Information Technology sector but sit in different industry groups — MU in Semiconductors & Semiconductor Equipment and SNDK in Technology Hardware & Equipment.

Micron Technology (MU) carries decades of public-market history since June 1, 1984, while Sandisk (SNDK) listed on February 13, 2025 — long-window comparisons have far more historical data on the MU side.

Company profile comparison for Micron Technology (MU) and Sandisk (SNDK)
Profile Item	MU	SNDK
Name	Micron Technology, Inc.	SanDisk Corporation
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Technology Hardware & Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Semiconductors	Technology Hardware, Storage & Peripherals
Market Capitalization	1,097.39 billion USD	239.60 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 1, 1984	February 13, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

SNDK

GSPC

Micron Technology (MU) vs. Sandisk (SNDK), 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 Sandisk (SNDK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Total Return (1Y)	676.77%	3,415.66%
Total Return (3Y, Annualized)	143.23%	--
Total Return (5Y, Annualized)	69.64%	--

Risk Profile

Drawdown History

SNDK

GSPC

Micron Technology (MU) vs. Sandisk (SNDK), 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 Sandisk (SNDK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Volatility (1Y, Annualized)	81.08%	116.58%
Beta (5Y)	2.23	5.12
Max Drawdown (5Y)	-57.63%	-56.49%
Avg. Volume (3M)	49.88M	13.64M

Risk-Adjusted Performance

Risk-Return Positioning

MU and SNDK are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Sharpe Ratio (1Y)	8.30	29.27
Sortino Ratio (1Y)	14.30	51.72

Profitability

ROE (TTM)

Both Micron Technology (MU) at 66.64% and Sandisk (SNDK) at 91.64% 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: 18.55%
Median: 7.99%
Q1: -3.92%
Min: -21.32%

SNDK

Technology Hardware & Equipment industry group

91.64%

SNDK: 91.64%
Max: 44.01%
Q3: 18.43%
Median: 10.41%
Q1: 0.66%
Min: -24.95%

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

Sandisk (SNDK) at 56.47% 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: 22.56%
Median: 9.34%
Q1: -1.87%
Min: -37.77%

SNDK

Technology Hardware & Equipment industry group

56.47%

SNDK: 56.47%
Max: 26.11%
Q3: 10.66%
Median: 3.40%
Q1: -0.39%
Min: -11.93%

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Before financing and tax, both Micron Technology (MU) at 80.37% and Sandisk (SNDK) at 78.49% 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: 48.99%
Q3: 23.34%
Median: 12.84%
Q1: 0.62%
Min: -27.51%

SNDK

Technology Hardware & Equipment industry group

78.49%

SNDK: 78.49%
Max: 36.90%
Q3: 17.13%
Median: 7.40%
Q1: 2.09%
Min: -18.45%

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
ROE (TTM)	66.64%	91.64%
ROA (TTM)	34.87%	43.91%
Net Margin (TTM)	55.91%	56.47%
Operating Margin (TTM)	80.37%	78.49%
Gross Margin (TTM)	72.57%	71.47%

Growth

Revenue Growth

Micron Technology (MU) at 48.85% sits in the top revenue growth quartile, while Sandisk (SNDK) at 10.39% is closer to the peer norm — faster top-line expansion for MU.

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Micron Technology (MU) reports EPS growth of 984.29%, ranked against its industry; Sandisk (SNDK) has no EPS growth figure this period.

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Revenue Growth (YoY)	48.85%	10.39%
Revenue Growth (3Y CAGR)	6.71%	--
EPS Growth (YoY)	984.29%	--
EPS Growth (3Y CAGR)	-0.69%	--

Financial Strength

Current Ratio (MRQ)

Both Micron Technology (MU) at 3.43 and Sandisk (SNDK) at 2.29 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

MU

Semiconductors & Semiconductor Equipment industry group

3.43

Max: 10.33
Q3: 5.74
Median: 3.44
MU: 3.43
Q1: 2.34
Min: 1.07

SNDK

Technology Hardware & Equipment industry group

2.29

Max: 4.95
Q3: 3.05
SNDK: 2.29
Median: 1.99
Q1: 1.32
Min: 0.17

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Micron Technology (MU) carries debt-to-equity ratio of 0.06 against its industry range, while Sandisk (SNDK) reports no figure this period.

MU

Semiconductors & Semiconductor Equipment industry group

0.06

Max: 1.44
Q3: 0.65
Median: 0.17
MU: 0.06
Q1: 0.04
Min: 0.00

SNDK

Technology Hardware & Equipment industry group

Max: 1.80
Q3: 0.82
Median: 0.27
Q1: 0.04
Min: 0.00
SNDK: --

Micron Technology (MU) vs. Sandisk (SNDK): SNDK does not report debt-to-equity ratio, so it has no value marker; MU is benchmarked against the Semiconductors & Semiconductor Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Current Ratio (MRQ)	3.43	2.29
Debt / Equity (MRQ)	0.06	--
Net Debt / EBITDA	-0.29	-0.38

Dividends

Dividend Yield (TTM)

Sandisk (SNDK) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Micron Technology (MU) reports a yield of 0.06%, ranking against industry peers normally.

MU

Semiconductors & Semiconductor Equipment industry group

0.06%

Max: 0.61%
Q3: 0.24%
MU: 0.06%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max: 0.74%
Q3: 0.32%
SNDK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Sandisk (SNDK) 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: 43.44%
Q3: 18.06%
MU: 1.12%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max: 34.91%
Q3: 14.28%
SNDK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
Dividend Yield (TTM)	0.06%	0.00%
Dividend Payout Ratio (TTM)	1.12%	0.00%

Valuation

P/E Ratio (TTM)

Both Micron Technology (MU) at 21.98 and Sandisk (SNDK) at 20.70 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

21.98

Max: 203.60
Q3: 105.35
Median: 54.03
Q1: 37.93
MU: 21.98
Min: 12.30

SNDK

Technology Hardware & Equipment industry group

20.70

Max: 106.10
Q3: 62.78
Median: 36.76
Q1: 22.85
SNDK: 20.70
Min: 11.58

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Micron Technology (MU) at 12.16 is priced about in line with its industry on P/S ratio, while Sandisk (SNDK) at 11.83 sits in the pricier quartile — SNDK costs more per dollar of sales.

MU

Semiconductors & Semiconductor Equipment industry group

12.16

Max: 42.65
Q3: 19.60
MU: 12.16
Median: 8.51
Q1: 3.70
Min: 0.01

SNDK

Technology Hardware & Equipment industry group

11.83

Max: 17.14
SNDK: 11.83
Q3: 7.76
Median: 3.42
Q1: 1.39
Min: 0.00

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Micron Technology (MU) at 10.89 is valued about in line with its industry on P/B ratio, while Sandisk (SNDK) at 17.63 carries an above-peer premium to book — SNDK is pricier on assets.

MU

Semiconductors & Semiconductor Equipment industry group

10.89

Max: 27.90
Q3: 14.18
MU: 10.89
Median: 6.34
Q1: 3.27
Min: 0.23

SNDK

Technology Hardware & Equipment industry group

17.63

SNDK: 17.63
Max: 17.63
Q3: 8.56
Median: 4.23
Q1: 2.14
Min: -1.92

Micron Technology (MU) vs. Sandisk (SNDK): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Micron Technology (MU) and Sandisk (SNDK)
Metric	MU	SNDK
P/E Ratio (TTM)	21.98	20.70
P/S Ratio (TTM)	12.16	11.83
P/B Ratio (MRQ)	10.89	17.63
Free Cash Flow Yield (TTM)	0.70%	3.23%