We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. We manufacture our products at wholly-owned facilities and also utilize subcontractors for certain manufacturing processes.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 42.3B | 37.4B | 25.1B | 15.5B | 30.8B | 27.7B |
| Net Income | 11.9B | 8.5B | 778M | -5.8B | 8.7B | 5.9B |
| EPS | $10.52 | $7.59 | $0.70 | $-5.34 | $7.75 | $5.14 |
| Free Cash Flow | 4.7B | 1.7B | 121M | -6.1B | 3.1B | 2.4B |
| ROIC | 19.8% | 15.6% | 1.6% | -10.2% | 18.3% | 13.8% |
| Gross Margin | 45.3% | 39.8% | 22.4% | -9.1% | 45.2% | 37.6% |
| Debt/Equity | 0.21 | 0.29 | 0.32 | 0.32 | 0.15 | 0.17 |
| Dividends/Share | $0.47 | $0.46 | $0.46 | $0.46 | $0.32 | $0.10 |
| Operating Income | 13.7B | 9.8B | 1.3B | -5.7B | 9.7B | 6.3B |
| Operating Margin | 32.5% | 26.1% | 5.2% | -37.0% | 31.5% | 22.7% |
| ROE | 20.3% | 17.2% | 1.7% | -13.2% | 17.4% | 13.3% |
| Shares Outstanding | 1,126M | 1,125M | 1,111M | 1,092M | 1,121M | 1,140M |
MICRON TECHNOLOGY INC passes 3 of 9 quality checks, indicating weak fundamentals.
MICRON TECHNOLOGY INC trades at 40.5x trailing earnings, compared to its 15-year median P/E of 8.4x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 103.2x vs a median of 14.2x. The company's 5-year average ROIC is 7.8% with a gross margin of 27.2%. Total shareholder yield (dividends) is 0.1%. At current prices, the estimated annualized return to fair value is -10.8%.
MICRON TECHNOLOGY INC (MU) has a current P/E ratio of 40.5, compared to its historical median P/E of 8.4. The stock is currently considered Expensive based on its historical valuation range.
MICRON TECHNOLOGY INC (MU) has a 5-year average return on invested capital (ROIC) of 7.8%. This is below average and may indicate limited pricing power.
MICRON TECHNOLOGY INC (MU) has a market capitalization of $480.1B. It is classified as a mega-cap stock.
Yes, MICRON TECHNOLOGY INC (MU) pays a dividend with a trailing twelve-month yield of 0.11%.
Based on historical P/E analysis, MICRON TECHNOLOGY INC (MU) appears expensive. The current P/E of 40.5 is 383% above its historical median of 8.4. The estimated fair value CAGR (P/E method) is -5.3%.
MICRON TECHNOLOGY INC (MU) operates in the Semiconductors & Related Devices industry, within the Technology sector.
MICRON TECHNOLOGY INC (MU) reported annual revenue of $37.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
MICRON TECHNOLOGY INC (MU) has a net profit margin of 22.8%. This is a strong margin indicating high profitability.
MICRON TECHNOLOGY INC (MU) generated $1.7 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
MICRON TECHNOLOGY INC (MU) has a debt-to-equity ratio of 0.29. This indicates a conservatively financed balance sheet.
MICRON TECHNOLOGY INC (MU) reported earnings per share (EPS) of $7.59 in its most recent fiscal year.
MICRON TECHNOLOGY INC (MU) has a return on equity (ROE) of 17.2%. This indicates the company generates strong returns for shareholders.
MICRON TECHNOLOGY INC (MU) has a 5-year average gross margin of 27.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for MICRON TECHNOLOGY INC (MU), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MICRON TECHNOLOGY INC (MU) has a book value per share of $48.15, based on its most recent annual SEC filing.