MU vs. TXN: Micron vs. Texas Instruments Stock Comparison

November 11, 2026

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

Company profile comparison for Micron (MU) and Texas Instruments (TXN)
Profile Item	MU	TXN
Name	Micron Technology Inc.	Texas Instruments 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	253.58 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 1, 1984	June 1, 1972
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TXN

GSPC

Micron (MU) vs. Texas Instruments (TXN), 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 (MU) and Texas Instruments (TXN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Micron (MU) and Texas Instruments (TXN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Total Return (1Y)	208.53%	86.19%
Total Return (3Y, Annualized)	115.89%	30.37%
Total Return (5Y, Annualized)	58.28%	12.03%

Risk Profile

Drawdown History

TXN

GSPC

Micron (MU) vs. Texas Instruments (TXN), 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 (MU) and Texas Instruments (TXN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Volatility (1Y, Annualized)	83.85%	44.27%
Beta (5Y)	2.44	1.40
Max Drawdown (5Y)	-57.63%	-33.41%
Avg. Volume (3M)	27.63M	6.57M

Risk-Adjusted Performance

Risk-Return Positioning

MU and TXN are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Sharpe Ratio (1Y)	2.44	1.85
Sortino Ratio (1Y)	3.87	3.15

Profitability

ROE (TTM)

Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; Texas Instruments (TXN) at 39.72% 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%

TXN

Semiconductors & Semiconductor Equipment industry group

39.72%

Max: 52.82%
TXN: 39.72%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Micron (MU) vs. Texas Instruments (TXN): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Micron (MU) at 63.80% and Texas Instruments (TXN) at 34.25% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

34.25%

Max: 63.80%
TXN: 34.25%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Micron (MU) vs. Texas Instruments (TXN): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Micron (MU) at 80.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Texas Instruments (TXN) at 47.55% 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%

TXN

Semiconductors & Semiconductor Equipment industry group

47.55%

Max: 58.66%
TXN: 47.55%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Micron (MU) vs. Texas Instruments (TXN): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
ROE (TTM)	88.26%	39.72%
ROA (TTM)	44.56%	14.85%
Net Margin (TTM)	63.80%	34.25%
Operating Margin (TTM)	80.68%	47.55%
Gross Margin (TTM)	80.72%	60.24%

Growth

Revenue Growth

Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than Texas Instruments (TXN) at 13.05%, which is closer to a typical peer reading.

Micron (MU) vs. Texas Instruments (TXN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Micron (MU) at 879.31% clears its industry range for EPS growth, a much stronger earnings trajectory than Texas Instruments (TXN) at 4.81%, which is closer to a typical peer reading.

Micron (MU) vs. Texas Instruments (TXN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Revenue Growth (YoY)	256.33%	13.05%
Revenue Growth (3Y CAGR)	104.65%	-4.07%
EPS Growth (YoY)	879.31%	4.81%
EPS Growth (3Y CAGR)	--	-16.64%

Financial Strength

Current Ratio (MRQ)

Both Micron (MU) at 3.31 and Texas Instruments (TXN) at 5.60 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

TXN

Semiconductors & Semiconductor Equipment industry group

5.60

Max: 10.33
Q3: 5.62
TXN: 5.60
Median: 3.33
Q1: 2.35
Min: 1.03

Micron (MU) vs. Texas Instruments (TXN): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Micron (MU) at 0.04 keeps leverage in the lower quartile, while Texas Instruments (TXN) at 0.71 sits in the higher-leverage quartile.

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

TXN

Semiconductors & Semiconductor Equipment industry group

0.71

Max: 1.46
TXN: 0.71
Q3: 0.65
Median: 0.27
Q1: 0.04
Min: 0.00

Micron (MU) vs. Texas Instruments (TXN): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Current Ratio (MRQ)	3.31	5.60
Debt / Equity (MRQ)	0.04	0.71
Net Debt / EBITDA	-0.35	0.51

Dividends

Dividend Yield (TTM)

Micron (MU) at 0.09% pays an industry-typical yield; Texas Instruments (TXN) at 2.04% 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

0.09%

Max: 1.37%
Q3: 0.65%
MU: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TXN

Semiconductors & Semiconductor Equipment industry group

2.04%

TXN: 2.04%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron (MU) vs. Texas Instruments (TXN): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Micron (MU) at 0.71% keeps its payout in the industry’s typical band, while Texas Instruments (TXN) at 73.67% pays out more than any of its peers — the most stretched cover in its group.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

73.67%

TXN: 73.67%
Max: 49.64%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron (MU) vs. Texas Instruments (TXN): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
Dividend Yield (TTM)	0.09%	2.04%
Dividend Payout Ratio (TTM)	0.71%	73.67%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 sits in the cheaper P/E ratio quartile, while Texas Instruments (TXN) at 35.97 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

TXN

Semiconductors & Semiconductor Equipment industry group

35.97

Max: 110.34
Q3: 66.81
Median: 37.02
TXN: 35.97
Q1: 23.96
Min: 8.12

Micron (MU) vs. Texas Instruments (TXN): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Micron (MU) at 5.86 and Texas Instruments (TXN) at 12.21 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

TXN

Semiconductors & Semiconductor Equipment industry group

12.21

Max: 21.42
Q3: 12.27
TXN: 12.21
Median: 5.76
Q1: 2.73
Min: 0.00

Micron (MU) vs. Texas Instruments (TXN): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Micron (MU) at 5.64 is valued about in line with its industry on P/B ratio, while Texas Instruments (TXN) at 13.21 carries an above-peer premium to book — TXN 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

TXN

Semiconductors & Semiconductor Equipment industry group

13.21

Max: 14.06
TXN: 13.21
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Micron (MU) vs. Texas Instruments (TXN): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Micron (MU) and Texas Instruments (TXN)
Metric	MU	TXN
P/E Ratio (TTM)	9.28	35.97
P/S Ratio (TTM)	5.86	12.21
P/B Ratio (MRQ)	5.64	13.21
Free Cash Flow Yield (TTM)	3.73%	1.88%