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Micron Technology vs Taiwan Semiconductor Manufacturing Co

Micron Technology and Taiwan Semiconductor Manufacturing Co are similar in size: $133.19bn and $122.43bn of revenue in their latest fiscal years. Micron Technology grew faster (256.3% against 35.8%). Micron Technology kept more of each dollar of sales as profit: a net margin of 63.8% against 44.6%. Micron Technology carries less debt relative to equity (3.7% against 21.8%).

Latest fiscal yearMicron TechnologyMU, 2026Taiwan Semiconductor Manufacturing CoTSM, 2025
Revenue $133.19bn $122.43bn
Revenue growth 256.3% 35.8%
Net income $84.97bn $54.56bn
Operating margin 74.6% 50.8%
Net margin 63.8% 44.6%
Return on equity 88.3% 36.4%
Free cash flow $58.96bn $32.22bn
Cash $38.36bn $88.23bn
Total debt $5.18bn $37.26bn
Debt to equity 3.7% 21.8%
Dividend per share $0.53 —
Dividend yield 0.1% 0.7%
Share buybacks $650m $0
Employees 53,000 —
Market value $962.41bn $2.10tn
Price vs our value range Below our value range Above our value range
Moat score 66 (Moderate) —
Insider trades, 12 months 3 buys, 305 sales 249 buys, 2 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.