JPM vs MU: JPMorgan Chase & and Micron Technology compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Micron Technology is the larger company, worth $1.06T, about 1.2 times JPMorgan Chase &.
- Micron Technology grew revenue faster over the last year (+379.3% vs +27.7%).
- On earnings, JPMorgan Chase & is the cheaper stock (15.7x vs 44.3x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | JPM | MU |
|---|---|---|
| Market cap | $878.7B | $1.06T |
| Share price | $332.99 | $1,029.00 |
| Revenue (last fiscal year) | $182.4B | $133.2B |
| Free cash flow (last fiscal year) | — | $59.0B |
| Revenue growth, last year | +27.7% | +379.3% |
| Revenue growth per year, last 5 fiscal years | +10.7% | +44.3% |
| Operating margin | — | 74.6% |
| Net margin | 32.6% | 63.8% |
| Return on equity | 17.4% | 61.4% |
| P/E (trailing) | 15.7x | 44.3x |
| Price / free cash flow | 8.72x | 633.7x |
| EV / EBITDA | 6.84x | 9.29x |
| FCF growth the price implies | — | 3.6% |
| Dividend yield | 1.8% | 0.05% |
| Debt / equity | 12.4x | 0.42x |
| Fundamental grade | B | A |
| Superinvestors holding it | 22 | 15 |
| Insider purchases, last 12 months | 10 | 10 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
JPMorgan Chase &
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $121.6B | — | — |
| 2022 | $128.7B | — | — |
| 2023 | $158.1B | — | — |
| 2024 | $177.6B | — | — |
| 2025 | $182.4B | — | — |
Micron Technology
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $30.8B | $3.1B | 31.5% |
| 2023 | $15.5B | -$6.1B | -37.0% |
| 2024 | $25.1B | $121M | 5.2% |
| 2025 | $37.4B | $1.7B | 26.1% |
| 2026 | $133.2B | $59.0B | 74.6% |
Where the revenue comes from
JPMorgan Chase & · by segments, 2025
Commercial & Investment Bank$78.5B44%
Consumer & Community Banking$76.0B43%
Asset & Wealth Management$24.1B13%
Micron Technology · by segments, 2025
CMBU$13.5B36%
MCBU$11.9B32%
CDBU$7.2B19%
AEBU$4.8B13%
All other$13M0%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open JPM in InvestinglyQuestions
Which is bigger, JPMorgan Chase & or Micron Technology?
Micron Technology (MU), at $1.06T against $878.7B.
Is JPM or MU cheaper?
By trailing P/E, JPMorgan Chase & (15.7x) is cheaper than Micron Technology (44.3x). A lower multiple can also mean the market expects less growth.
Which grows faster, JPM or MU?
Micron Technology: revenue grew +379.3% over the last year, against +27.7%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.