AMD vs MU
Advanced Micro Devices Inc. and Micron Technology Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AMD | MU |
|---|---|---|
| Revenue | $34.6B | $37.4B |
| Net income | $4.3B | $8.5B |
| Gross margin | 49.5% | 39.8% |
| Net margin | 12.5% | 22.8% |
| Return on equity | 7.2% | 17.2% |
| Diluted EPS | $2.65 | $7.59 |
| Dividend / share | · | $0.46 |
| Payout ratio | · | 6.1% |
| Free cash flow | $6.7B | $1.7B |
| Equity | $63.0B | $54.2B |
| Net debt / equity | −0.04× | 0.09× |
| Current ratio | 2.85× | 2.52× |
| Revenue CAGR 5y | 28.8% | 11.8% |
| Profit CAGR 5y | 11.7% | 26.0% |
AMD and MU book revenue within 15% of each other, and MU keeps more of each dollar of revenue as profit (22.8% against 12.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AMD | MU |
|---|---|---|
| FY2025 | $34.6B | $37.4B |
| FY2024 | $25.8B | $25.1B |
| FY2023 | $22.7B | $15.5B |
| FY2022 | $23.6B | $30.8B |
| FY2021 | $16.4B | $27.7B |
| FY2020 | $9.8B | $21.4B |
| FY2019 | $6.7B | $23.4B |
| FY2018 | $6.5B | $30.4B |
| FY2017 | $5.3B | $20.3B |
| FY2016 | $4.3B | $12.4B |
Bottom line
| Fiscal year | AMD | MU |
|---|---|---|
| FY2025 | $4.3B | $8.5B |
| FY2024 | $1.6B | $778.0M |
| FY2023 | $854.0M | $-5.8B |
| FY2022 | $1.3B | $8.7B |
| FY2021 | $3.2B | $5.9B |
| FY2020 | $2.5B | $2.7B |
| FY2019 | $341.0M | $6.3B |
| FY2018 | $337.0M | $14.1B |
| FY2017 | $-33.0M | $5.1B |
| FY2016 | $-498.0M | $-276.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$2,739,000,000 | MU |
| FY2024 | +$674,000,000 | AMD |
| FY2023 | +$7,140,000,000 | AMD |
| FY2022 | −$7,157,000,000 | MU |
| FY2021 | −$11,271,000,000 | MU |
| FY2020 | −$11,672,000,000 | MU |
| FY2019 | −$16,675,000,000 | MU |
| FY2018 | −$23,916,000,000 | MU |
| FY2017 | −$15,069,000,000 | MU |
| FY2016 | −$8,080,000,000 | MU |
| FY2015 | −$12,201,000,000 | MU |
| FY2014 | −$10,852,000,000 | MU |
| FY2013 | −$3,774,000,000 | MU |
| FY2012 | −$2,812,000,000 | MU |
| FY2011 | −$2,220,000,000 | MU |
| FY2010 | −$1,988,000,000 | MU |
| FY2009 | +$600,000,000 | AMD |
The higher-revenue side has changed between AMD and MU over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −10.3 pp | MU |
| FY2024 | +3.3 pp | AMD |
| FY2023 | +41.3 pp | AMD |
| FY2022 | −22.7 pp | MU |
| FY2021 | −1.9 pp | MU |
| FY2020 | +12.9 pp | AMD |
| FY2019 | −22.1 pp | MU |
| FY2018 | −41.3 pp | MU |
| FY2017 | −25.7 pp | MU |
| FY2016 | −9.3 pp | MU |
| FY2015 | −34.4 pp | MU |
| FY2014 | −26.1 pp | MU |
| FY2013 | −14.7 pp | MU |
| FY2012 | −9.3 pp | MU |
| FY2011 | +5.3 pp | AMD |
| FY2010 | −15.1 pp | MU |
| FY2009 | +46.9 pp | AMD |
The higher net margin has changed hands between AMD and MU over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MU's net margin has been more volatile than AMD's over the 17 comparable fiscal years — 22.3 percentage points of standard deviation against 11.6.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AMD and MU over these 17 fiscal years — AMD led in 5 and MU in 12.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AMD's return on equity has been more volatile than MU's over the 14 comparable fiscal years — 51.1 percentage points of standard deviation against 17.4.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AMD and MU over these 14 fiscal years — AMD led in 6 and MU in 8.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.