Stocktoria

MICRON TECHNOLOGY INC MU

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 1984-06-01 · LEI

MICRON TECHNOLOGY INC statistics & valuation

Market cap$1.28T
P / E149.5×
P / S34.2×
P / B23.6×
P / FCF765.6×
Dividend yield0.04%
Net margin22.8%
Return on equity15.8%
FCF margin4.5%
Net debt$1.9B
Net debt / EBITDA0.1×
Enterprise value USD$1.28T
EV / EBITDA70.6×
Earnings yield EBIT/EV0.8%
Return on capital13.7%
Graham number -90%$90.68

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($90.68); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-2.20% 25.00% 46.50% 27.00% 12.50% 21.20% 28.20% -37.50% 3.10% 22.80% 2016201720182019202020212022202320242025
Gross margin (%)
20.20% 41.50% 58.90% 45.70% 30.60% 37.60% 45.20% -9.10% 22.40% 39.80% 2016201720182019202020212022202320242025
Operating margin (%)
1.40% 28.90% 49.30% 31.50% 14.00% 22.70% 31.50% -37.00% 5.20% 26.10% 2016201720182019202020212022202320242025
Return on equity (%)
-2.10% 26.10% 42.60% 17.20% 6.90% 13.30% 17.40% -13.20% 1.70% 15.80% 2016201720182019202020212022202320242025
Shares outstanding
1.04B 1.15B 1.23B 1.14B 1.13B 1.14B 1.12B 1.10B 1.12B 1.12B 2016201720182019202020212022202320242025
Net debt ($)
-$1.47B -$1.79B -$2.24B $3.47B $4.30B $1.89B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-1.00% 14.40% 32.60% 12.90% 5.00% 10.00% 13.10% -9.10% 1.10% 10.30% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-21.40% 16.80% 28.00% 14.60% 0.40% 8.80% 10.10% -39.40% 0.50% 4.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.16× 0.14× 0.12× 0.27× 0.25× 0.21× 2016201720182019202020212022202320242025
EPS ($)
-$0.27 $4.41 $11.51 $5.51 $2.37 $5.14 $7.75 -$5.34 $0.70 $7.59 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MICRON TECHNOLOGY INC trades at about 120.1× earnings — above its 10-year norm (10-year range 3.9×–148.2×, median 13.5×).

3.9× 148.2×

Shaded band = 10-year range (3.9×–148.2×); dot = today's 120.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin39.8%22.4%-9.1%45.2%37.6%30.6%45.7%58.9%41.5%20.2%
Operating margin26.1%5.2%-37.0%31.5%22.7%14.0%31.5%49.3%28.9%1.4%
Net margin22.8%3.1%-37.5%28.2%21.2%12.5%27.0%46.5%25.0%-2.2%
FCF margin4.5%0.5%-39.4%10.1%8.8%0.4%14.6%28.0%16.8%-21.4%
Return on assets10.3%1.1%-9.1%13.1%10.0%5.0%12.9%32.6%14.4%-1.0%
Return on equity15.8%1.7%-13.2%17.4%13.3%6.9%17.2%42.6%26.1%-2.1%
Debt / equity0.21×0.25×0.27×0.12×0.14×0.16×————
Current ratio2.522.644.462.893.102.712.582.792.341.96

Computed from company filings · US · as of 2025-08-28. Facts plus Stocktoria's own computed scores — not investment advice.