Head-to-head · free
Micron Technology, Inc. vs Taiwan Semiconductor Manufacturing
MU vs TSM — return on capital, cash generation, margins and balance sheet side by side.
MU
2 / 9
measures where MU leads
TSM
7 / 9
measures where TSM leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | MU · FY2026 | TSM · FY2025 |
|---|---|---|
| Revenue | $133.2B | $3.85T |
| Net income | $85.0B | $1.74T |
| Revenue growth (yearly, multi-year) | 44.3% | 24.8% |
| Free cash flow | $59.0B | $992.4B |
| Free cash flow margin | 44.3% | 25.8% |
| Net cash / (debt) | — | $1.70T |
| ROIC | 13.3% | 26.3% |
| Return on equity | 17.2% | 35.4% |
| Gross margin | 39.8% | 59.9% |
| Operating margin | 26.2% | 50.8% |
| Net debt / EBITDA | 0.10x | — |
Figures are as reported by each company; latest fiscal year shown.
Where Micron Technology, Inc.'s cash went (FY2026)
- Capital spending
- $30.7B
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Where Taiwan Semiconductor Manufacturing's cash went (FY2025)
- Capital spending
- $1.28T
- Buybacks
- $0
- Dividends
- $466.8B
- Acquisitions
- $0
- Net debt issued / (repaid)
- $40.9B
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free