MU vs NVDA
Micron Technology Inc. and Nvidia Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MU | NVDA |
|---|---|---|
| Revenue | $37.4B | $215.9B |
| Net income | $8.5B | $120.1B |
| Gross margin | 39.8% | 71.1% |
| Net margin | 22.8% | 55.6% |
| Return on equity | 17.2% | 101.5% |
| Diluted EPS | $7.59 | $4.90 |
| Dividend / share | $0.46 | $0.04 |
| Payout ratio | 6.1% | 0.8% |
| Free cash flow | $1.7B | $96.7B |
| Equity | $54.2B | $157.3B |
| Net debt / equity | 0.09× | −0.01× |
| Current ratio | 2.52× | 3.91× |
| Revenue CAGR 5y | 11.8% | 66.9% |
| Profit CAGR 5y | 26.0% | 94.3% |
NVDA bills 5.8× the revenue of MU, and keeps more of each dollar of revenue as profit (55.6% against 22.8%).
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 | MU | NVDA |
|---|---|---|
| FY2025 | $37.4B | $215.9B |
| FY2024 | $25.1B | $130.5B |
| FY2023 | $15.5B | $60.9B |
| FY2022 | $30.8B | $27.0B |
| FY2021 | $27.7B | $26.9B |
| FY2020 | $21.4B | $16.7B |
| FY2019 | $23.4B | $10.9B |
| FY2018 | $30.4B | $11.7B |
| FY2017 | $20.3B | $9.7B |
| FY2016 | $12.4B | $6.9B |
Bottom line
| Fiscal year | MU | NVDA |
|---|---|---|
| FY2025 | $8.5B | $120.1B |
| FY2024 | $778.0M | $72.9B |
| FY2023 | $-5.8B | $29.8B |
| FY2022 | $8.7B | $4.4B |
| FY2021 | $5.9B | $9.8B |
| FY2020 | $2.7B | $4.3B |
| FY2019 | $6.3B | $2.8B |
| FY2018 | $14.1B | $4.1B |
| FY2017 | $5.1B | $3.0B |
| FY2016 | $-276.0M | $1.7B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$178,560,000,000 | NVDA |
| FY2024 | −$105,386,000,000 | NVDA |
| FY2023 | −$45,382,000,000 | NVDA |
| FY2022 | +$3,784,000,000 | MU |
| FY2021 | +$791,000,000 | MU |
| FY2020 | +$4,760,000,000 | MU |
| FY2019 | +$12,488,000,000 | MU |
| FY2018 | +$18,675,000,000 | MU |
| FY2017 | +$10,608,000,000 | MU |
| FY2016 | +$5,489,000,000 | MU |
| FY2015 | +$11,182,000,000 | MU |
| FY2014 | +$11,676,000,000 | MU |
| FY2013 | +$4,943,000,000 | MU |
| FY2012 | +$3,953,841,000 | MU |
| FY2011 | +$4,790,070,000 | MU |
| FY2010 | +$4,938,691,000 | MU |
| FY2009 | +$1,476,555,000 | MU |
The higher-revenue side has changed between MU and NVDA over this period. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −32.8 pp | NVDA |
| FY2024 | −52.7 pp | NVDA |
| FY2023 | −86.4 pp | NVDA |
| FY2022 | +12.0 pp | MU |
| FY2021 | −15.1 pp | NVDA |
| FY2020 | −13.3 pp | NVDA |
| FY2019 | +1.6 pp | MU |
| FY2018 | +11.2 pp | MU |
| FY2017 | −6.3 pp | NVDA |
| FY2016 | −26.3 pp | NVDA |
| FY2015 | +5.6 pp | MU |
| FY2014 | +5.3 pp | MU |
| FY2013 | +2.5 pp | MU |
| FY2012 | −25.7 pp | NVDA |
| FY2011 | −12.4 pp | NVDA |
| FY2010 | +15.3 pp | MU |
| FY2009 | −39.5 pp | NVDA |
The higher net margin has changed hands between MU and NVDA over this period.
17 of 19 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 NVDA's over the 17 comparable fiscal years — 22.3 percentage points of standard deviation against 16.5.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MU and NVDA over these 17 fiscal years — MU led in 7 and NVDA in 10.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NVDA's return on equity has been more volatile than MU's over the 16 comparable fiscal years — 33.8 percentage points of standard deviation against 17.0.
16 of 19 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 MU and NVDA over these 16 fiscal years — MU led in 6 and NVDA in 10.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.