MU vs the Competition: Which Stock Comes Out on Top?
Here is how Micron Technology (MU) stacks up against its peers in size, valuation, growth and margin.
- MU’s operating margin of 19.6% is strong, but lower than most peers – trailing TXN (34.3%).
- MU’s revenue growth of 71.1% in the last 12 months is strong, outpacing TXN, STX, ADI, MCHP but lagging WDC.
- MU’s stock gained 35.6% over the past year and trades at a PE of 29.5, though peers like WDC, STX delivered stronger returns.
As a quick background, Micron Technology provides memory and storage products, including DRAM semiconductor devices, through segments focused on compute, networking, mobile, storage, and embedded business units.
| MU | TXN | WDC | STX | ADI | MCHP | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 137.9 | 167.2 | 26.0 | 32.6 | 111.2 | 32.9 |
| Revenue ($ Bil) | 31.3 | 16.0 | 19.4 | 9.1 | 9.8 | 4.2 |
| PE Ratio | 29.5 | 34.3 | 15.7 | 22.2 | 60.7 | -221.5 |
| LTM Revenue Growth | 71.1% | -4.5% | 89.7% | 38.9% | -6.2% | -35.7% |
| LTM Operating Margin | 19.6% | 34.3% | 12.8% | 21.1% | 23.5% | 4.9% |
| LTM FCF Margin | 1.9% | 9.1% | 4.4% | 9.0% | 33.5% | 17.1% |
| 12M Market Return | 35.6% | 3.5% | 68.5% | 66.9% | 11.3% | -13.2% |
Why does this matter? MU just went up 17.1% in a week – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell MU Stock to see if Micron Technology holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through MU Dip Buyer Analysis lens.
While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| MU | 71.1% | – | 61.6% | -49.5% | 11.0% |
| TXN | -4.5% | – | -10.7% | -12.5% | 9.2% |
| WDC | 89.7% | – | 5.6% | -34.5% | 11.1% |
| STX | 38.9% | 38.9% | -11.3% | -36.7% | |
| ADI | -6.2% | – | -23.4% | 2.4% | 64.2% |
| MCHP | -35.7% | -42.3% | -9.5% | 23.7% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| MU | 19.6% | – | 5.0% | -35.1% | 31.6% |
| TXN | 34.3% | – | 34.1% | 41.8% | 51.9% |
| WDC | 12.8% | – | 1.6% | -8.9% | 13.0% |
| STX | 21.1% | 21.1% | 6.4% | 0.8% | |
| ADI | 23.5% | – | 22.0% | 32.4% | 29.6% |
| MCHP | 4.9% | 8.5% | 33.5% | 36.9% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| MU | 20.7 | – | 119.5 | -16.0 | 6.4 |
| TXN | 38.8 | – | 35.6 | 23.8 | 17.3 |
| WDC | 8.5 | – | -24.4 | -9.9 | 6.4 |
| STX | 21.1 | 12.5 | 53.3 | -20.6 | |
| ADI | 54.6 | – | 64.5 | 30.1 | 31.0 |
| MCHP | -255.7 | -61628.3 | 25.6 | 17.3 |
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.