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Micron Technology, Inc.(MU)Earnings, Financials & Key Ratios
MU•NASDAQ
149.4× P/E·Price updated Jun 19, 2026
AboutMicron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.Show more
- Revenue$37.38B+48.9%
- EBITDA$18.22B+102.4%
- Net Income$8.54B+997.6%
- EPS (Diluted)7.59+984.3%
- Gross Margin39.79%+78.0%
- EBITDA Margin48.75%+36.0%
- Operating Margin26.41%+408.5%
- Net Margin22.84%+637.4%
- ROE17.2%+886.5%
MU Key Insights
Micron Technology, Inc. (MU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 26.0%
- ✓Strong Piotroski F-Score: 7/9
- ✓Momentum leader: RS Rating 98 (top 2%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 11.8%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Weak 3Y average ROE of 2.2%
- ✗Expensive at 23.6x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MU Price & Volume
Micron Technology, Inc. (MU) stock price & volume — 10-year historical chart
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MU Growth Metrics
Micron Technology, Inc. (MU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.73%
5 Years11.76%
3 Years6.71%
TTM85.55%
Profit CAGR
10 Years11.41%
5 Years26.02%
3 Years-0.57%
TTM416.16%
EPS CAGR
10 Years11.88%
5 Years26.21%
3 Years-0.65%
TTM408.15%
Return on Capital
10 Years13.01%
5 Years7.51%
3 Years2.49%
Last Year15.01%
MU Recent Earnings
Micron Technology, Inc. (MU) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Mar 18, 2026Metric
Actual
Est
EPS
$12.20+32.8%
$9.19
Rev
$23.9B+19.5%
$20.0B
Q4 2025
Dec 17, 2025Metric
Actual
Est
EPS
$4.78+20.7%
$3.96
Rev
$13.6B+5.7%
$12.9B
Q4 2025
Sep 23, 2025Metric
Actual
Est
EPS
$3.03+5.9%
$2.86
Rev
$11.3B+0.9%
$11.2B
Q3 2025
Jun 25, 2025Metric
Actual
Est
EPS
$1.91+19.4%
$1.60
Rev
$9.3B+4.9%
$8.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 18, 2026 | $12.20vs $9.19+32.8% | $23.9Bvs $20.0B+19.5% |
| Q4 2025 | Dec 17, 2025 | $4.78vs $3.96+20.7% | $13.6Bvs $12.9B+5.7% |
| Q4 2025 | Sep 23, 2025 | $3.03vs $2.86+5.9% | $11.3Bvs $11.2B+0.9% |
| Q3 2025 | Jun 25, 2025 | $1.91vs $1.60+19.4% | $9.3Bvs $8.9B+4.9% |
Based on last 12 quarters of dataView full earnings history →
MU Peer Comparison
Micron Technology, Inc. (MU) competitors in Memory and Storage Semiconductors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 INTC | 672.77B | 133.99 | -2274.87 | -0.47% | -5.9% | -2.68% | 0.37 | |
 WDC | 253B | 746.23 | 145.75 | 50.7% | 55.07% | 91.94% | 0.96 | |
 STX | 233.39B | 1070.23 | 158.08 | 38.86% | 21.6% | 9.16% | ||
 IOSP | 2.04B | 82.73 | 17.72 | -3.65% | 6.38% | 8.64% | 0.07 | |
 WOLF | 2.59B | 57.43 | -1.68 | -6.14% | -222.23% | -52.09% | ||
 CRUS | 8.43B | 165.29 | 21.08 | 5.34% | 20.75% | 20.21% | 0.06 | |
 NVDA | 5.1T | 210.69 | 43.00 | 65.47% | 62.97% | 111.66% | 0.07 | |
 AMD | 876.1B | 537.37 | 202.78 | 34.34% | 13.33% | 8.05% | 0.07 |
Compare MU vs Peers
Micron Technology, Inc. (MU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MU Income Statement
Micron Technology, Inc. (MU) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Aug'17 | Aug'18 | Aug'19 | Sep'20 | Sep'21 | Sep'22 | Aug'23 | Aug'24 | Aug'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 20.32B | 30.39B | 23.41B | 21.43B | 27.7B | 30.76B | 15.54B | 25.11B | 37.38B | 58.12B |
Revenue Growth % | 63.9% | 49.55% | -22.98% | -8.42% | 29.25% | 11.02% | -49.48% | 61.59% | 48.85% | 85.55% |
Cost of Goods Sold | 11.89B | 12.5B | 12.7B | 14.88B | 17.28B | 16.86B | 16.96B | 19.5B | 22.5B | 24.16B |
COGS % of Revenue | 58.49% | 41.13% | 54.28% | 69.43% | 62.38% | 54.82% | 109.11% | 77.65% | 60.21% | - |
Gross Profit | 8.44B▲ 0% | 17.89B▲ 112.1% | 10.7B▼ 40.2% | 6.55B▼ 38.8% | 10.42B▲ 59.1% | 13.9B▲ 33.3% | -1.42B▼ 110.2% | 5.61B▲ 496.4% | 14.87B▲ 165.0% | 33.96B▲ 0% |
Gross Margin % | 41.51% | 58.87% | 45.72% | 30.57% | 37.62% | 45.18% | -9.11% | 22.35% | 39.79% | 58.44% |
Gross Profit Growth % | 236.77% | 112.08% | -40.18% | -38.78% | 59.08% | 33.34% | -110.19% | 496.4% | 164.97% | - |
Operating Expenses | 2.57B | 2.9B | 3.33B | 3.55B | 4.19B | 4.2B | 4.33B | 4.31B | 5B | 5.74B |
OpEx % of Revenue | 12.64% | 9.53% | 14.21% | 16.56% | 15.12% | 13.64% | 27.86% | 17.16% | 13.38% | - |
Selling, General & Admin | 730M | 813M | 836M | 881M | 894M | 1.07B | 920M | 1.13B | 1.21B | 1.31B |
SG&A % of Revenue | 3.59% | 2.68% | 3.57% | 4.11% | 3.23% | 3.47% | 5.92% | 4.5% | 3.22% | - |
Research & Development | 2.04B | 2.34B | 2.44B | 2.6B | 2.66B | 3.12B | 3.11B | 3.43B | 3.8B | 4.42B |
R&D % of Revenue | 10.02% | 7.71% | 10.43% | 12.13% | 9.61% | 10.13% | 20.04% | 13.66% | 10.16% | - |
Other Operating Expenses | -199M | -258M | 49M | 68M | 632M | 14M | 295M | -250M | 0 | 0 |
Operating Income | 5.87B▲ 0% | 14.99B▲ 155.5% | 7.38B▼ 50.8% | 3B▼ 59.3% | 6.28B▲ 109.2% | 9.7B▲ 54.4% | -5.75B▼ 159.2% | 1.3B▲ 122.7% | 9.87B▲ 656.9% | 28.2B▲ 0% |
Operating Margin % | 28.88% | 49.34% | 31.51% | 14.01% | 22.68% | 31.54% | -36.97% | 5.19% | 26.41% | 48.52% |
Operating Income Growth % | 3392.86% | 155.52% | -50.81% | -59.29% | 109.22% | 54.42% | -159.21% | 122.7% | 656.9% | - |
EBITDA | 9.73B | 19.75B | 12.8B | 8.65B | 12.41B | 16.73B | 1.93B | 9B | 18.22B | 36.98B |
EBITDA Margin % | 47.87% | 65% | 54.69% | 40.37% | 44.81% | 54.4% | 12.39% | 35.85% | 48.75% | 63.62% |
EBITDA Growth % | 209.05% | 103.03% | -35.2% | -32.4% | 43.48% | 34.78% | -88.5% | 367.64% | 102.42% | 161.87% |
D&A (Non-Cash Add-back) | 3.86B | 4.76B | 5.42B | 5.65B | 6.13B | 7.03B | 7.67B | 7.7B | 8.35B | 8.78B |
EBIT | 5.88B | 14.93B | 7.39B | 3.06B | 6.8B | 9.71B | -5.46B | 1.25B | 10.14B | 28.36B |
Net Interest Income | -560M | -222M | 77M | -80M | -146M | -93M | 80M | -33M | 19M | 222M |
Interest Income | 41M | 120M | 205M | 114M | 37M | 96M | 468M | 529M | 496M | 575M |
Interest Expense | 601M | 342M | 128M | 194M | 183M | 189M | 388M | 562M | 477M | 353M |
Other Income/Expense | -664M | -688M | -325M | -13M | -28M | -127M | 89M | -75M | -207M | -223M |
Pretax Income | 5.2B▲ 0% | 14.31B▲ 174.9% | 7.05B▼ 50.7% | 2.99B▼ 57.6% | 6.25B▲ 109.2% | 9.57B▲ 53.1% | -5.66B▼ 159.1% | 1.23B▲ 121.7% | 9.66B▲ 686.2% | 27.98B▲ 0% |
Pretax Margin % | 25.61% | 47.07% | 30.12% | 13.95% | 22.58% | 31.13% | -36.4% | 4.89% | 25.85% | 48.14% |
Income Tax | 114M | 168M | 693M | 280M | 394M | 888M | 177M | 451M | 1.12B | 3.86B |
Effective Tax Rate % | 2.19% | 1.17% | 9.83% | 9.36% | 6.3% | 9.27% | -3.13% | 36.7% | 11.63% | 13.81% |
Net Income | 5.09B▲ 0% | 14.13B▲ 177.8% | 6.31B▼ 55.3% | 2.69B▼ 57.4% | 5.86B▲ 118.1% | 8.69B▲ 48.2% | -5.83B▼ 167.1% | 778M▲ 113.3% | 8.54B▲ 997.6% | 24.11B▲ 0% |
Net Margin % | 25.04% | 46.51% | 26.97% | 12.54% | 21.15% | 28.24% | -37.54% | 3.1% | 22.84% | 41.49% |
Net Income Growth % | 1943.84% | 177.76% | -55.34% | -57.44% | 118.12% | 48.22% | -167.15% | 113.34% | 997.56% | 416.16% |
Net Income (Continuing) | 5.09B | 14.14B | 6.36B | 2.71B | 5.86B | 8.69B | -5.83B | 778M | 8.54B | 24.11B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 849M | 870M | 889M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 4.41▲ 0% | 11.50▲ 160.8% | 5.52▼ 52.0% | 2.37▼ 57.1% | 5.14▲ 116.9% | 7.74▲ 50.6% | -5.34▼ 169.0% | 0.70▲ 113.1% | 7.59▲ 984.3% | 21.15▲ 0% |
EPS Growth % | 1733.33% | 160.77% | -52% | -57.07% | 116.88% | 50.58% | -168.99% | 113.11% | 984.29% | 408.15% |
EPS (Basic) | 4.67 | 11.51 | 5.67 | 2.42 | 5.23 | 7.81 | -5.34 | 0.70 | 7.65 | - |
Diluted Shares Outstanding | 1.15B | 1.23B | 1.14B | 1.13B | 1.14B | 1.12B | 1.09B | 1.12B | 1.13B | 1.14B |
Basic Shares Outstanding | 1.09B | 1.23B | 1.11B | 1.11B | 1.12B | 1.11B | 1.09B | 1.1B | 1.12B | 1.13B |
Dividend Payout Ratio | - | - | - | - | - | 5.31% | - | 65.94% | 6.11% | - |
MU Balance Sheet
Micron Technology, Inc. (MU) balance sheet — assets, liabilities & shareholders' equity
| Metric | Aug'17 | Aug'18 | Aug'19 | Sep'20 | Sep'21 | Sep'22 | Aug'23 | Aug'24 | Aug'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 12.46B | 16.04B | 16.5B | 17.96B | 19.91B | 21.78B | 21.24B | 24.37B | 28.84B | 41.41B |
Cash & Short-Term Investments | 5.43B | 6.8B | 7.96B | 8.14B | 8.63B | 9.33B | 9.59B | 8.11B | 10.31B | 14.62B |
Cash Only | 5.11B | 6.51B | 7.15B | 7.62B | 7.76B | 8.26B | 8.58B | 7.04B | 9.64B | 12.54B |
Short-Term Investments | 319M | 296M | 803M | 518M | 870M | 1.07B | 1.02B | 1.06B | 665M | 2.08B |
Accounts Receivable | 3.76B | 5.48B | 3.19B | 3.91B | 5.31B | 5.13B | 2.44B | 6.62B | 9.27B | 17.31B |
Days Sales Outstanding | 67.51 | 65.79 | 49.82 | 66.61 | 69.97 | 60.88 | 57.38 | 96.15 | 90.47 | 69.39 |
Inventory | 3.12B | 3.6B | 5.12B | 5.61B | 4.49B | 6.66B | 8.39B | 8.88B | 8.36B | 8.27B |
Days Inventory Outstanding | 95.9 | 104.97 | 147.05 | 137.51 | 94.77 | 144.25 | 180.54 | 166.14 | 135.51 | 126.75 |
Other Current Assets | 147M | 164M | 235M | 304M | 1.48B | 657M | 820M | 776M | 914M | 1.22B |
Total Non-Current Assets | 22.88B | 27.34B | 32.38B | 35.71B | 38.94B | 44.5B | 43.01B | 45.04B | 53.96B | 60.1B |
Property, Plant & Equipment | 19.43B | 23.67B | 28.24B | 31.61B | 33.76B | 39.23B | 38.59B | 40.39B | 47.33B | 52.09B |
Fixed Asset Turnover | 1.05x | 1.28x | 0.83x | 0.68x | 0.82x | 0.78x | 0.40x | 0.62x | 0.79x | 1.20x |
Goodwill | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.15B | 1.15B | 1.15B | 1.15B |
Intangible Assets | 387M | 331M | 340M | 334M | 349M | 421M | 404M | 416M | 453M | 468M |
Long-Term Investments | 633M | 473M | 1.16B | 1.05B | 1.76B | 1.65B | 844M | 1.05B | 1.63B | 6.77B |
Other Non-Current Assets | 434M | 611M | 575M | 781M | 1.05B | 1.28B | 1.26B | 1.52B | 2.78B | 3.67B |
Total Assets | 35.34B▲ 0% | 43.38B▲ 22.8% | 48.89B▲ 12.7% | 53.68B▲ 9.8% | 58.85B▲ 9.6% | 66.28B▲ 12.6% | 64.25B▼ 3.1% | 69.42B▲ 8.0% | 82.8B▲ 19.3% | 101.51B▲ 0% |
Asset Turnover | 0.58x | 0.70x | 0.48x | 0.40x | 0.47x | 0.46x | 0.24x | 0.36x | 0.45x | 0.67x |
Asset Growth % | 28.31% | 22.75% | 12.71% | 9.8% | 9.63% | 12.63% | -3.06% | 8.03% | 19.28% | 96.86% |
Total Current Liabilities | 5.33B | 5.75B | 6.39B | 6.63B | 6.42B | 7.54B | 4.76B | 9.25B | 11.45B | 14.3B |
Accounts Payable | 1.33B | 1.69B | 1.68B | 2.19B | 1.74B | 2.14B | 1.73B | 2.73B | 3.13B | 3.39B |
Days Payables Outstanding | 40.93 | 49.41 | 48.18 | 53.73 | 36.83 | 46.37 | 37.13 | 51.03 | 50.8 | 47.23 |
Short-Term Debt | 905M | 549M | 1.09B | 194M | 1M | 0 | 106M | 106M | 634M | 585M |
Deferred Revenue (Current) | 605M | 491M | 0 | 0 | 0 | 0 | 0 | 0 | 26M | 26M |
Other Current Liabilities | 0 | 30M | 454M | 548M | 943M | 1.35B | 529M | 1.52B | 5.92B | 7.84B |
Current Ratio | 2.34x | 2.79x | 2.58x | 2.71x | 3.10x | 2.89x | 4.46x | 2.64x | 2.52x | 2.90x |
Quick Ratio | 1.75x | 2.16x | 1.78x | 1.86x | 2.40x | 2.01x | 2.70x | 1.68x | 1.79x | 2.32x |
Cash Conversion Cycle | 122.48 | 121.36 | 148.69 | 150.39 | 127.9 | 158.75 | 200.79 | 211.26 | 175.18 | 148.92 |
Total Non-Current Liabilities | 10.53B | 4.46B | 5.73B | 8.05B | 8.49B | 8.84B | 15.37B | 15.04B | 17.18B | 14.75B |
Long-Term Debt | 9.06B | 3.24B | 4.17B | 5.96B | 5.97B | 6.02B | 11.94B | 11.24B | 14.02B | 7.34B |
Capital Lease Obligations | 833M | 536M | 368M | 943M | 1.15B | 1.39B | 1.71B | 2.34B | 701M | 9.75B |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 639M | 451M | 550M | 498M | 559M | 835M | 987M | 911M | 1.44B | 3.54B |
Total Liabilities | 15.87B | 10.21B | 12.12B | 14.68B | 14.92B | 16.38B | 20.13B | 24.29B | 28.63B | 29.05B |
Total Debt | 11.15B | 4.64B | 5.85B | 7.18B | 7.28B | 7.52B | 13.93B | 14.01B | 15.28B | 10.8B |
Net Debt | 6.05B | -1.87B | -1.3B | -448M | -482M | -746M | 5.36B | 6.97B | 5.64B | -1.74B |
Debt / Equity | 0.57x | 0.14x | 0.16x | 0.18x | 0.17x | 0.15x | 0.32x | 0.31x | 0.28x | 0.15x |
Debt / EBITDA | 1.15x | 0.23x | 0.46x | 0.83x | 0.59x | 0.45x | 7.24x | 1.56x | 0.84x | 0.29x |
Net Debt / EBITDA | 0.62x | -0.09x | -0.10x | -0.05x | -0.04x | -0.04x | 2.78x | 0.77x | 0.31x | -0.05x |
Interest Coverage | 9.76x | 43.84x | 57.63x | 15.48x | 34.33x | 51.33x | -14.81x | 2.32x | 20.69x | 80.35x |
Total Equity | 19.47B▲ 0% | 33.16B▲ 70.3% | 36.77B▲ 10.9% | 39B▲ 6.1% | 43.93B▲ 12.7% | 49.91B▲ 13.6% | 44.12B▼ 11.6% | 45.13B▲ 2.3% | 54.16B▲ 20.0% | 72.46B▲ 0% |
Equity Growth % | 50.6% | 70.33% | 10.87% | 6.05% | 12.66% | 13.6% | -11.6% | 2.29% | 20.02% | 109.42% |
Book Value per Share | 16.87 | 26.98 | 32.17 | 34.48 | 38.50 | 44.48 | 40.37 | 40.37 | 48.15 | 63.56 |
Total Shareholders' Equity | 18.62B | 32.29B | 35.88B | 39B | 43.93B | 49.91B | 44.12B | 45.13B | 54.16B | 72.46B |
Common Stock | 112M | 117M | 118M | 119M | 122M | 123M | 124M | 125M | 127M | 127M |
Retained Earnings | 10.26B | 24.39B | 30.76B | 33.38B | 39.05B | 47.27B | 40.82B | 40.88B | 48.58B | 66.82B |
Treasury Stock | -67M | -429M | -3.22B | -3.5B | -4.7B | -7.13B | -7.55B | -7.85B | -7.85B | -8.5B |
Accumulated OCI | 29M | 10M | 9M | 71M | 2M | -560M | -312M | -134M | -32M | -82M |
Minority Interest | 849M | 870M | 889M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MU Cash Flow Statement
Micron Technology, Inc. (MU) cash flow — operating, investing & free cash flow history
| Metric | Aug'17 | Aug'18 | Aug'19 | Sep'20 | Sep'21 | Sep'22 | Aug'23 | Aug'24 | Aug'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 8.15B | 17.4B | 13.19B | 8.31B | 12.47B | 15.18B | 1.56B | 8.51B | 17.52B | 30.65B |
Operating CF Margin % | 40.12% | 57.25% | 56.35% | 38.75% | 45% | 49.36% | 10.03% | 33.88% | 46.89% | - |
Operating CF Growth % | 157.35% | 113.42% | -24.2% | -37.02% | 50.11% | 21.76% | -89.73% | 445.67% | 106.01% | 515.21% |
Net Income | 5.09B | 14.14B | 6.36B | 2.71B | 5.86B | 8.69B | -5.83B | 778M | 8.54B | 24.11B |
Depreciation & Amortization | 3.99B | 4.86B | 5.47B | 5.65B | 6.21B | 7.12B | 7.76B | 7.78B | 8.35B | 8.74B |
Stock-Based Compensation | 215M | 198M | 243M | 328M | 378M | 514M | 596M | 833M | 972M | 1.11B |
Deferred Taxes | -105M | 284M | 347M | -40M | 1M | 0 | 1.93B | 0 | 0 | 0 |
Other Non-Cash Items | 125M | -164M | -111M | 66M | 434M | 127M | 4M | 281M | 0 | 226M |
Working Capital Changes | -1.16B | -1.92B | 879M | -408M | -420M | -1.26B | -2.9B | -1.17B | -338M | -3.54B |
Change in Receivables | -1.65B | -1.73B | 2.43B | -723M | -1.45B | 190M | 2.76B | -3.58B | -1.78B | -10.41B |
Change in Inventory | 50M | -472M | -1.53B | -489M | 866M | -2.18B | -3.56B | -488M | 520M | 740M |
Change in Payables | 564M | 668M | -174M | 725M | 210M | 744M | -2.1B | 1.92B | 862M | 2.35B |
Cash from Investing | -7.54B | -8.22B | -10.09B | -7.59B | -10.59B | -11.59B | -6.19B | -8.31B | -14.09B | -17.91B |
Capital Expenditures | -5.25B | -9.09B | -9.86B | -8.22B | -10.03B | -12.07B | -7.68B | -8.39B | -15.86B | -8.6B |
CapEx % of Revenue | 25.85% | 29.89% | 42.1% | 38.36% | 36.2% | 39.23% | 49.4% | 33.4% | 42.42% | 14.79% |
Acquisitions | -2.63B | -348M | 1.1B | -744M | 10.03B | 888M | 7.68B | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 709M | 1.07B | -155M | 963M | -9.53B | -251M | -7.06B | 282M | 1.96B | -8.64B |
Cash from Financing | 349M | -7.78B | -2.44B | -317M | -1.78B | -2.98B | 4.98B | -1.84B | -850M | -6.44B |
Debt Issued (Net) | 753M | -9.19B | 210M | 634M | -332M | -32M | 5.96B | -898M | -189M | -4.87B |
Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 | -2M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | -461M | -504M | -513M | -522M | -527M |
Share Repurchases | -36M | -71M | -2.73B | -176M | -1.2B | -2.43B | -425M | -300M | 0 | -828M |
Other Financing | -368M | 1.48B | 81M | -775M | -155M | 70M | -43M | -131M | -139M | -210M |
Net Change in Cash | 953M▲ 0% | 1.37B▲ 43.9% | 692M▼ 49.5% | 411M▼ 40.6% | 139M▼ 66.2% | 510M▲ 266.9% | 317M▼ 37.8% | -1.6B▼ 606.0% | 2.59B▲ 261.7% | 7.44B▲ 0% |
Free Cash Flow | 2.9B▲ 0% | 8.31B▲ 186.7% | 3.33B▼ 59.9% | 83M▼ 97.5% | 2.44B▲ 2837.3% | 3.11B▲ 27.7% | -6.12B▼ 296.4% | 121M▲ 102.0% | 1.67B▲ 1278.5% | 22.06B▲ 0% |
FCF Margin % | 14.27% | 27.36% | 14.24% | 0.39% | 8.8% | 10.12% | -39.36% | 0.48% | 4.46% | 37.95% |
FCF Growth % | 207.61% | 186.72% | -59.9% | -97.51% | 2837.35% | 27.73% | -296.44% | 101.98% | 1278.51% | 180.37% |
FCF per Share | 2.51 | 6.77 | 2.92 | 0.07 | 2.14 | 2.78 | -5.60 | 0.11 | 1.48 | 19.35 |
FCF Conversion (FCF/Net Income) | 1.60x | 1.23x | 2.09x | 3.09x | 2.13x | 1.75x | -0.27x | 10.93x | 2.05x | 0.91x |
Interest Paid | 468M | 312M | 53M | 165M | 171M | 154M | 323M | 503M | 418M | 0 |
Taxes Paid | 99M | 226M | 524M | 167M | 361M | 493M | 532M | 338M | 583M | 0 |
MU Key Ratios
Micron Technology, Inc. (MU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 31.42% | 53.71% | 18.05% | 7.09% | 14.13% | 18.51% | -12.41% | 1.74% | 17.2% | 40.84% |
Return on Invested Capital (ROIC) | 19.91% | 39.59% | 16.57% | 6.09% | 11.49% | 15.71% | -8.74% | 1.93% | 13.23% | 33.88% |
Gross Margin | 41.51% | 58.87% | 45.72% | 30.57% | 37.62% | 45.18% | -9.11% | 22.35% | 39.79% | 58.44% |
Net Margin | 25.04% | 46.51% | 26.97% | 12.54% | 21.15% | 28.24% | -37.54% | 3.1% | 22.84% | 41.49% |
Debt / Equity | 0.57x | 0.14x | 0.16x | 0.18x | 0.17x | 0.15x | 0.32x | 0.31x | 0.28x | 0.15x |
Interest Coverage | 9.76x | 43.84x | 57.63x | 15.48x | 34.33x | 51.33x | -14.81x | 2.32x | 20.69x | 80.35x |
FCF Conversion | 1.60x | 1.23x | 2.09x | 3.09x | 2.13x | 1.75x | -0.27x | 10.93x | 2.05x | 0.91x |
Revenue Growth | 63.9% | 49.55% | -22.98% | -8.42% | 29.25% | 11.02% | -49.48% | 61.59% | 48.85% | 85.55% |
Related:MU Dividend History·MU Revenue History·MU Price History·MU P/E History·MU Financial Ratios·MU Institutional Holders
MU SEC Filings & Documents
Micron Technology, Inc. (MU) SEC filings — annual & quarterly reports (10-K, 10-Q)
MU Frequently Asked Questions
Micron Technology, Inc. (MU) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Micron Technology, Inc. (MU) reported $58.12B in revenue for fiscal year 2025. This represents a 1491% increase from $3.65B in 1996.
Micron Technology, Inc. (MU) grew revenue by 48.9% over the past year. This is strong growth.
Yes, Micron Technology, Inc. (MU) is profitable, generating $24.11B in net income for fiscal year 2025 (22.8% net margin).
Dividend & Returns
Micron Technology, Inc. (MU) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Micron Technology, Inc. (MU) has a return on equity (ROE) of 17.2%. This is reasonable for most industries.
Micron Technology, Inc. (MU) generated $22.06B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.