MU vs QCOM
Micron Technology Inc. and Qualcomm Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MU | QCOM |
|---|---|---|
| Revenue | $37.4B | $44.3B |
| Net income | $8.5B | $5.5B |
| Gross margin | 39.8% | 55.4% |
| Net margin | 22.8% | 12.5% |
| Return on equity | 17.2% | 23.3% |
| Diluted EPS | $7.59 | $5.01 |
| Dividend / share | $0.46 | $3.48 |
| Payout ratio | 6.1% | · |
| Free cash flow | $1.7B | $12.8B |
| Equity | $54.2B | · |
| Net debt / equity | 0.09× | 0.44× |
| Current ratio | 2.52× | 2.82× |
| Revenue CAGR 5y | 11.8% | 13.5% |
| Profit CAGR 5y | 26.0% | 1.3% |
QCOM bills 1.2× the revenue of MU, 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 | MU | QCOM |
|---|---|---|
| FY2025 | $37.4B | $44.3B |
| FY2024 | $25.1B | $39.0B |
| FY2023 | $15.5B | $35.8B |
| FY2022 | $30.8B | $44.2B |
| FY2021 | $27.7B | $33.6B |
| FY2020 | $21.4B | $23.5B |
| FY2019 | $23.4B | $24.3B |
| FY2018 | $30.4B | $22.6B |
| FY2017 | $20.3B | $22.3B |
| FY2016 | $12.4B | $23.6B |
Bottom line
| Fiscal year | MU | QCOM |
|---|---|---|
| FY2025 | $8.5B | $5.5B |
| FY2024 | $778.0M | $10.1B |
| FY2023 | $-5.8B | $7.2B |
| FY2022 | $8.7B | $12.9B |
| FY2021 | $5.9B | $9.0B |
| FY2020 | $2.7B | $5.2B |
| FY2019 | $6.3B | $4.4B |
| FY2018 | $14.1B | $-5.0B |
| FY2017 | $5.1B | $2.4B |
| FY2016 | $-276.0M | $5.7B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$6,906,000,000 | QCOM |
| FY2024 | −$13,851,000,000 | QCOM |
| FY2023 | −$20,280,000,000 | QCOM |
| FY2022 | −$13,442,000,000 | QCOM |
| FY2021 | −$5,861,000,000 | QCOM |
| FY2020 | −$2,096,000,000 | QCOM |
| FY2019 | −$867,000,000 | QCOM |
| FY2018 | +$7,780,000,000 | MU |
| FY2017 | −$1,936,000,000 | QCOM |
| FY2016 | −$11,155,000,000 | QCOM |
| FY2015 | −$9,089,000,000 | QCOM |
| FY2014 | −$10,129,000,000 | QCOM |
| FY2013 | −$15,793,000,000 | QCOM |
| FY2012 | −$10,887,000,000 | QCOM |
| FY2011 | −$6,169,000,000 | QCOM |
| FY2010 | −$2,500,000,000 | QCOM |
| FY2009 | −$5,584,000,000 | QCOM |
The higher-revenue side has changed between MU and QCOM 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 | +10.3 pp | MU |
| FY2024 | −22.9 pp | QCOM |
| FY2023 | −57.7 pp | QCOM |
| FY2022 | −1.0 pp | QCOM |
| FY2021 | −5.8 pp | QCOM |
| FY2020 | −9.4 pp | QCOM |
| FY2019 | +9.1 pp | MU |
| FY2018 | +68.5 pp | MU |
| FY2017 | +14.1 pp | MU |
| FY2016 | −26.4 pp | QCOM |
| FY2015 | −2.9 pp | QCOM |
| FY2014 | −11.2 pp | QCOM |
| FY2013 | −14.4 pp | QCOM |
| FY2012 | −44.2 pp | QCOM |
| FY2011 | −26.2 pp | QCOM |
| FY2010 | −7.2 pp | QCOM |
| FY2009 | −56.8 pp | QCOM |
The higher net margin has changed hands between MU and QCOM 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 QCOM's over the 17 comparable fiscal years — 22.3 percentage points of standard deviation against 12.3.
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 QCOM over these 17 fiscal years — MU led in 4 and QCOM in 13.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QCOM's return on equity has been more volatile than MU's over the 16 comparable fiscal years — 45.9 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 QCOM over these 16 fiscal years — MU led in 5 and QCOM in 11.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.