BILL
Bill.com Holdings, Inc.
BILL trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over BILL overall, supported by stronger valuation and stronger modeled upside.
BILL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Weak |
BILL's cash flow is currently strong, and its revenue and profitability are stable, but its balance sheet is weak.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
BILL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $54.00 | — |
| Cheap | 99x | $52.67 | -2.5% |
| Fair | 100x | $53.20 | -1.5% |
| Expensive | 101x | $53.73 | -0.5% |
| Current | 102x | $54.00 | — |
Historical ranges are pointers, not guarantees.
BILL has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
BILL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Decline | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect BILL's earnings to grow and its profitability to improve, but its revenue to decline.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over BILL on the outlook, with more favorable revenue expectations.
BILL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.08 | +670% |
| Q4 2023 | -$1.07 | +$2.26 |
| Q3 2023 | -$1.59 | +$1.62 |
| Q2 2023 | -$2.11 | +$1.11 |
| Q1 2023 | -$2.78 | +$0.13 |
| Q4 2022 | -$3.33 | -$0.94 |
| Q3 2022 | -$3.21 | -$1.39 |
| Q2 2022 | -$3.22 | -$2.03 |
| Q1 2022 | -$2.91 | -$2.09 |
MU has the stronger earnings trend. Trailing diluted EPS is down 67% for BILL versus MU up 879%.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU's earnings per share have climbed steadily: $74.33 over the past year, about 10 times what it earned the year before, and higher year over year for 10 quarters in a row.
BILL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $353.8M | -11% |
| Q2 2026 | $436.2M | +14% |
| Q1 2026 | $406.6M | +13% |
| Q4 2025 | $414.7M | +14% |
| Q3 2025 | $395.7M | +10% |
| Q2 2025 | $383.3M | +12% |
| Q1 2025 | $358.2M | +11% |
| Q4 2024 | $362.6M | +14% |
BILL's revenue is growing: $354M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +20 points |
| Q2 2026 | -7.8% | -2 points |
| Q1 2026 | -0.1% | +8 points |
| Q4 2025 | -4.4% | +1.6 points |
| Q3 2025 | -5.2% | -3.1 points |
| Q2 2025 | -5.8% | +0.7 points |
| Q1 2025 | -8.1% | +0.5 points |
| Q4 2024 | -6% | +15 points |
BILL's operating margin was 14% last quarter, up 20 points from the same quarter a year ago, near the top of its range since 2019.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over BILL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over BILL on profitability, with a higher operating margin.
BILL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $96.7M | +1.2% |
| Q2 2026 | $110.6M | +37% |
| Q4 2025 | $103.8M | +32% |
| Q3 2025 | $95.6M | +7.9% |
| Q2 2025 | $81M | +3.3% |
| Q4 2024 | $78.7M | -0.8% |
| Q3 2024 | $88.6M | +66% |
| Q2 2024 | $78.4M | -1.1% |
BILL generated $414M in free cash flow over the past year, up 20% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over BILL on cash flow, with more consistent year-over-year improvement.
BILL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +1M shares |
| 1 year | -0.9% | -955K shares |
| 3 years | -4.7% | -5M shares |
| 5 years | +22% | +18.2M shares |
| Available history | +353% | +78.7M shares |
BILL has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $312.2M |
| Q2 2026 | $287.8M |
| Q1 2026 | $56.9M |
| Q4 2025 | $132.7M |
| Q3 2025 | $83.1M |
| Q2 2025 | $30M |
| Q1 2025 | — |
| Q4 2024 | $200M |
BILL spent $790M buying back its own shares over the past year, up 152% from the year before.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
BILL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 29.0x | High |
BILL's net debt is more than 20 years of its operating earnings (EBITDA).
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has the edge over BILL on leverage, with a lower net debt burden relative to earnings.
BILL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.4 | Neutral |
| Stochastic | 81.8 | Overbought |
BILL's weekly RSI is 63 (neutral) and its Stochastic is 82 (overbought).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
BILL PE vs Technology Sector
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
BILL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.0 | 13% above |
| 20 week MA | $46.9 | 15% above |
| 50 week MA | $44.6 | 21% above |
| 100 week MA | $49.0 | 10% above |
| 200 week MA | $63.8 | 15% below |
BILL has the edge over MU on trend strength, trading above more of its moving averages.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
BILL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2019 | $39.0 | $38.6 | -1% |
| 2020 | $38.6 | $148.4 | +285% |
| 2021 | $148.4 | $253.4 | +71% |
| 2022 | $253.4 | $103.7 | -59% |
| 2023 | $103.7 | $81.6 | -21% |
| 2024 | $81.6 | $86.9 | +6.6% |
| 2025 | $86.9 | $55.2 | -36% |
| 2026 YTD | $55.2 | $54.0 | -2.2% |
BILL's yearly returns have swung widely, from +285% in 2020 to −59% in 2022. It's down 2.2% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over BILL on returns for 2026, with the stronger performance.