Not even close. Flu killed 80K in the 2018-2019 season.
https://www.statnews.com/2018/09/26/cdc-us-flu-deaths-winter...
Projected deaths for COVID-19 are 70K through July.
https://www.statnews.com/2018/09/26/cdc-us-flu-deaths-winter...
Projected deaths for COVID-19 are 70K through July.
"In recent years, flu-related deaths have ranged from about 12,000 to — in the worst year — 56,000, according to the CDC."
This is not to mention that these estimates include non flu deaths to compensate for the fact that not every dead person gets tested for the flu and even those that are, often wouldn't be documented as flu deaths. For example, if COVID-19 was merely a minor outbreak, COVID-19 deaths would be counted towards flu deaths, as the cause of the death would be viral pneumonia and viral pneumonia is statistically likely to be caused by the flu.
The reverse isn't close to true - we're for the most part only attributing deaths to COVID-19 when it's either a confirmed case or otherwise overwhelmingly likely to be caused by it. It's a certainty that COVID-19 will end up killing more people in the month of April than the flu kills most years.
So the contagiousness of the disease actually reduces the mortality rate quite a lot, more so than uncounted deaths in the numerator.
Secondly if you do the same thing for the flu, put confirmed flu deaths over confirmed flu cases (tested) the mortality for flu is 4%. This would be the apples to apples comparison.