DY vs. MU

Last updated Jun 9, 2026

DY (Dycom Industries, Inc.) and MU (Micron Technology, Inc.) are both stocks. DY operates in Engineering & Construction (Industrials), while MU operates in Semiconductors (Technology). Over the past 10 years, DY returned 18.40%/yr vs 55.03%/yr for MU. At a 0.28 correlation, their price movements are largely independent.

Performance

DY vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dycom Industries, Inc. (DY) and Micron Technology, Inc. (MU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DY achieves a 35.80% return, which is significantly lower than MU's 232.74% return. Over the past 10 years, DY has underperformed MU with an annualized return of 18.40%, while MU has yielded a comparatively higher 55.03% annualized return.

DY

• 1D: -1.59%
• 1M: 7.13%
• YTD: 35.80%
• 6M: 31.51%
• 1Y: 88.82%
• 3Y*: 61.44%
• 5Y*: 41.13%
• 10Y*: 18.40%

MU

• 1D: 9.87%
• 1M: 27.11%
• YTD: 232.74%
• 6M: 284.77%
• 1Y: 776.52%
• 3Y*: 144.94%
• 5Y*: 65.39%
• 10Y*: 55.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DY vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DY Dycom Industries, Inc.	35.80%	94.13%	51.24%	22.96%	-0.17%	24.15%	60.17%	-12.75%	-51.50%	38.78%
MU Micron Technology, Inc.	232.74%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Correlation

The correlation between DY and MU is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 25, 1990	0.28

Fundamentals

Market Cap DY : $13.94B MU : $1.08T
EPS DY : $10.52 MU : $21.26
PE Ratio DY : 43.60 MU : 44.66
PEG Ratio DY : 0.61 MU : 0.17
PS Ratio DY : 2.17 MU : 18.53
PB Ratio DY : 7.35 MU : 14.94
Total Revenue (TTM) DY : $6.25B MU : $58.12B
Gross Profit (TTM) DY : $1.23B MU : $33.96B
EBITDA (TTM) DY : $1.07B MU : $25.99B

Return for Risk

DY vs. MU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DY

DY Risk / Return Rank: 88
DY Sharpe Ratio Rank: 89
DY Sortino Ratio Rank: 89
DY Omega Ratio Rank: 86
DY Calmar Ratio Rank: 87
DY Martin Ratio Rank: 91

MU

MU Risk / Return Rank: 99
MU Sharpe Ratio Rank: 100
MU Sortino Ratio Rank: 99
MU Omega Ratio Rank: 98
MU Calmar Ratio Rank: 100
MU Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DY vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dycom Industries, Inc. (DY) and Micron Technology, Inc. (MU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DY	MU	Difference
Sharpe ratio: Return per unit of total volatility	1.96	11.44	-9.47
Sortino ratio: Return per unit of downside risk	2.95	6.27	-3.32
Omega ratio: Gain probability vs. loss probability	1.36	1.81	-0.45
Calmar ratio: Return relative to maximum drawdown	3.65	25.90	-22.24
Martin ratio: Return relative to average drawdown	12.35	100.37	-88.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DY vs. MU - Sharpe Ratio Comparison

The current DY Sharpe Ratio is 1.96, which is lower than the MU Sharpe Ratio of 11.44. The chart below compares the historical Sharpe Ratios of DY and MU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DY	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	11.44	-9.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	1.24	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	1.11	-0.76
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.31	-0.06

Drawdowns

DY vs. MU - Drawdown Comparison

The maximum DY drawdown since its inception was -93.54%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for DY and MU.

Drawdown Indicators

	DY	MU	Difference
Max Drawdown Largest peak-to-trough decline	-93.54%	-98.25%	+4.71%
Max Drawdown (1Y) Largest decline over 1 year	-24.43%	-30.28%	+5.85%
Max Drawdown (3Y) Largest decline over 3 years	-32.58%	-57.63%	+25.05%
Max Drawdown (5Y) Largest decline over 5 years	-33.70%	-57.63%	+23.93%
Max Drawdown (10Y) Largest decline over 10 years	-89.01%	-57.63%	-31.38%
Current Drawdown Current decline from peak	-14.26%	-12.07%	-2.19%
Average Drawdown Average peak-to-trough decline	-45.66%	-58.19%	+12.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	7.80%	-0.56%

Volatility

DY vs. MU - Volatility Comparison

The current volatility for Dycom Industries, Inc. (DY) is 25.89%, while Micron Technology, Inc. (MU) has a volatility of 34.16%. This indicates that DY experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DY	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.89%	34.16%	-8.27%
Volatility (6M) Calculated over the trailing 6-month period	38.22%	56.74%	-18.52%
Volatility (1Y) Calculated over the trailing 1-year period	45.58%	68.70%	-23.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.52%	52.91%	-9.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.95%	49.99%	+2.96%

Dividends

DY vs. MU - Dividend Comparison

DY has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025	2024	2023	2022	2021
DY Dycom Industries, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MU Micron Technology, Inc.	0.05%	0.16%	0.55%	0.54%	0.89%	0.21%

Financials

DY vs. MU - Profitability Comparison

The chart below illustrates the profitability comparison between Dycom Industries, Inc. and Micron Technology, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported a gross profit of 275.08M and revenue of 1.96B. Therefore, the gross margin over that period was 14.0%.

MU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a gross profit of 17.75B and revenue of 23.86B. Therefore, the gross margin over that period was 74.4%.

DY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported an operating income of 143.75M and revenue of 1.96B, resulting in an operating margin of 7.3%.

MU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported an operating income of 16.13B and revenue of 23.86B, resulting in an operating margin of 67.6%.

DY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported a net income of 91.29M and revenue of 1.96B, resulting in a net margin of 4.7%.

MU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a net income of 13.79B and revenue of 23.86B, resulting in a net margin of 57.8%.

Frequently Asked Questions

Can I hold both DY and MU in my portfolio?

DY and MU have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DY or MU?

MU has higher volatility (34.16%) compared to DY (25.89%). In terms of maximum drawdown, DY dropped -93.54% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (11.44 vs 1.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.