MU vs. TER: Micron vs. Teradyne Stock Comparison
How do Micron (MU) and Teradyne (TER) 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 Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though MU is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.
| Profile Item | MU | TER |
|---|---|---|
| Name | Micron Technology Inc. | Teradyne, 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 | Semiconductor Materials & Equipment |
| Market Capitalization | 780.68 billion USD | 34.07 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 1, 1984 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MU | TER |
|---|---|---|
| Total Return (1Y) | 208.53% | 31.13% |
| Total Return (3Y, Annualized) | 115.89% | 41.60% |
| Total Return (5Y, Annualized) | 58.28% | 10.83% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MU | TER |
|---|---|---|
| Volatility (1Y, Annualized) | 83.85% | 78.35% |
| Beta (5Y) | 2.44 | 1.78 |
| Max Drawdown (5Y) | -57.63% | -59.12% |
| Avg. Volume (3M) | 27.63M | 3.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MU | TER |
|---|---|---|
| Sharpe Ratio (1Y) | 2.44 | 0.34 |
| Sortino Ratio (1Y) | 3.87 | 0.48 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; Teradyne (TER) at 42.72% 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%
TER
Semiconductors & Semiconductor Equipment industry group
42.72%
- Max
- 52.82%
- TER
- 42.72%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Micron (MU) at 63.80% retains a top-quartile share of revenue as profit, ahead of Teradyne (TER) at 27.46%, which keeps about the industry-typical 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%
TER
Semiconductors & Semiconductor Equipment industry group
27.46%
- Max
- 63.80%
- Q3
- 28.36%
- TER
- 27.46%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Micron (MU) at 80.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Teradyne (TER) at 30.87% also operates in the top quartile.
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%
TER
Semiconductors & Semiconductor Equipment industry group
30.87%
- Max
- 58.66%
- TER
- 30.87%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MU | TER |
|---|---|---|
| ROE (TTM) | 88.26% | 42.72% |
| ROA (TTM) | 44.56% | 21.59% |
| Net Margin (TTM) | 63.80% | 27.46% |
| Operating Margin (TTM) | 80.68% | 30.87% |
| Gross Margin (TTM) | 80.72% | 59.32% |
Growth
Revenue Growth
Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than Teradyne (TER) at 13.13%, which is closer to a typical peer reading.
EPS Growth
Micron (MU) at 879.31% clears its industry range for EPS growth, a much stronger earnings trajectory than Teradyne (TER) at 4.52%, which is closer to a typical peer reading.
Growth Metrics
| Metric | MU | TER |
|---|---|---|
| Revenue Growth (YoY) | 256.33% | 13.13% |
| Revenue Growth (3Y CAGR) | 104.65% | 0.37% |
| EPS Growth (YoY) | 879.31% | 4.52% |
| EPS Growth (3Y CAGR) | -- | -6.31% |
Financial Strength
Current Ratio (MRQ)
Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while Teradyne (TER) at 2.08 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TER.
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
TER
Semiconductors & Semiconductor Equipment industry group
2.08
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- TER
- 2.08
- Min
- 1.03
Debt / Equity (MRQ)
Both Micron (MU) at 0.04 and Teradyne (TER) at 0.04 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
TER
Semiconductors & Semiconductor Equipment industry group
0.04
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- TER
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MU | TER |
|---|---|---|
| Current Ratio (MRQ) | 3.31 | 2.08 |
| Debt / Equity (MRQ) | 0.04 | 0.04 |
| Net Debt / EBITDA | -0.35 | -0.19 |
Dividends
Dividend Yield (TTM)
Both Micron (MU) at 0.09% and Teradyne (TER) at 0.24% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
TER
Semiconductors & Semiconductor Equipment industry group
0.24%
- Max
- 1.37%
- Q3
- 0.65%
- TER
- 0.24%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Micron (MU) at 0.71% and Teradyne (TER) at 5.86% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
TER
Semiconductors & Semiconductor Equipment industry group
5.86%
- Max
- 49.64%
- Q3
- 21.71%
- TER
- 5.86%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MU | TER |
|---|---|---|
| Dividend Yield (TTM) | 0.09% | 0.24% |
| Dividend Payout Ratio (TTM) | 0.71% | 5.86% |
Valuation
P/E Ratio (TTM)
Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Teradyne (TER) at 25.08 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.
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
TER
Semiconductors & Semiconductor Equipment industry group
25.08
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- TER
- 25.08
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
On P/S ratio, both Micron (MU) at 5.86 and Teradyne (TER) at 6.81 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
TER
Semiconductors & Semiconductor Equipment industry group
6.81
- Max
- 21.42
- Q3
- 12.27
- TER
- 6.81
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Micron (MU) at 5.64 is valued about in line with its industry on P/B ratio, while Teradyne (TER) at 9.24 carries an above-peer premium to book — TER is pricier on assets.
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
TER
Semiconductors & Semiconductor Equipment industry group
9.24
- Max
- 14.06
- TER
- 9.24
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MU | TER |
|---|---|---|
| P/E Ratio (TTM) | 9.28 | 25.08 |
| P/S Ratio (TTM) | 5.86 | 6.81 |
| P/B Ratio (MRQ) | 5.64 | 9.24 |
| Free Cash Flow Yield (TTM) | 3.73% | 1.76% |