Micron Technology
MU
904.90
+26.06
+2.97%
Micron Technology
US · MU
#14 by market cap
Listed 2009
904.90
+26.06
+2.97%
Live - 5344 symbols - heartbeat 545s ago
· 2026-10-20 08:20
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 14.35, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +256.33% YoY
Margins
- Gross margin
- 80.72%
- Operating margin
- 74.59%
- Net margin
- 63.80%
Key ratios & quality
- Enterprise valuei
- 981.84B
- Altman Z-Scorei
- 14.35
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.41B | 21.44B | 27.71B | 30.76B | 15.54B | 25.11B | 37.38B | 133.19B |
| Gross profit | 10.70B | 6.55B | 10.42B | 13.90B | -1.42B | 5.61B | 14.87B | 107.50B |
| Selling & admin expenses | 836.00M | 881.00M | 894.00M | 1.07B | 920.00M | 1.13B | 1.21B | 1.95B |
| Research & development | 2.44B | 2.60B | 2.66B | 3.12B | 3.11B | 3.43B | 3.80B | 5.65B |
| Operating profit | 7.39B | 3.06B | 6.75B | 9.71B | -5.41B | 1.30B | 9.77B | 99.34B |
| Pretax profit | 7.05B | 2.98B | 6.22B | 9.57B | -5.66B | 1.24B | 9.65B | 99.67B |
| Tax | 693.00M | 280.00M | 394.00M | 888.00M | 177.00M | 451.00M | 1.12B | 14.76B |
| Net profit | 6.36B | 2.71B | 5.86B | 8.69B | -5.83B | 778.00M | 8.54B | 84.97B |
| Basic EPS | 6 | 2 | 5 | 8 | -5 | 1 | 8 | 75 |
| Diluted EPS | 5.51 | 2.37 | 5.14 | 7.75 | -5.34 | 0.70 | 7.59 | 74.33 |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-09 |
|---|---|---|---|---|---|---|
| Revenue | 9.30B | 11.32B | 13.64B | 23.86B | 41.46B | 54.23B |
| Gross profit | 3.51B | 5.05B | 7.65B | 17.76B | 35.06B | 47.05B |
| Selling & admin expenses | 318.00M | 314.00M | 337.00M | 344.00M | 407.00M | 859.00M |
| Research & development | 965.00M | 1.05B | 1.17B | 1.25B | 1.32B | 1.91B |
| Operating profit | 2.17B | 3.65B | 6.14B | 16.14B | 33.32B | 43.75B |
| Pretax profit | 2.11B | 3.63B | 6.06B | 16.16B | 33.21B | 44.24B |
| Tax | 235.00M | 429.00M | 829.00M | 2.37B | 4.98B | 6.58B |
| Net profit | 1.89B | 3.20B | 5.24B | 13.79B | 28.24B | 37.70B |
| Basic EPS | 2 | 3 | 5 | 12 | 25 | 33 |
| Diluted EPS | 1.68 | 2.83 | 4.60 | 12.07 | 24.67 | 32.87 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 16.50B | 17.97B | 19.91B | 21.78B | 21.24B | 24.37B | 28.84B | 91.07B |
| Cash & ST investments | 7.96B | 8.14B | 8.63B | 9.33B | 9.59B | 8.11B | 10.31B | 43.43B |
| Inventory | 5.12B | 5.37B | 4.49B | 6.66B | 8.39B | 8.88B | 8.36B | 10.37B |
| Total assets | 48.89B | 53.68B | 58.85B | 66.28B | 64.25B | 69.42B | 82.80B | 195.89B |
| Total current liabilities | 6.39B | 6.64B | 6.42B | 7.54B | 4.77B | 9.25B | 11.45B | 27.48B |
| Short-term debt | 1.31B | 270.00M | 155.00M | 103.00M | 278.00M | 431.00M | 560.00M | 491.00M |
| Long-term debt | 4.17B | 5.96B | 5.97B | 6.02B | 11.94B | 11.24B | 11.53B | 2.79B |
| Total liabilities | 12,117,000,000.00 | 14,682,000,000.00 | 14,916,000,000.00 | 16,376,000,000.00 | 20,134,000,000.00 | 24,285,000,000.00 | 28,633,000,000.00 | 57,510,000,000.00 |
| Total equity | 36.77B | 39.00B | 43.93B | 49.91B | 44.12B | 45.13B | 54.17B | 138.38B |
| Retained earnings | 30.76B | 33.38B | 39.05B | 47.27B | 40.82B | 40.88B | 48.58B | 131.85B |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-09 |
|---|---|---|---|---|---|---|
| Total current assets | 27.92B | 28.84B | 29.67B | 41.41B | 66.74B | 91.07B |
| Cash & ST investments | 10.81B | 10.31B | 10.32B | 14.59B | 26.02B | 43.43B |
| Inventory | 8.73B | 8.36B | 8.21B | 8.27B | 8.57B | 10.37B |
| Total assets | 78.40B | 82.80B | 85.97B | 101.51B | 134.11B | 195.89B |
| Total current liabilities | 10.14B | 11.45B | 12.06B | 14.30B | 19.49B | 27.48B |
| Short-term debt | 538.00M | 560.00M | 569.00M | 585.00M | 582.00M | 491.00M |
| Long-term debt | 12.43B | 11.53B | 8.84B | 7.34B | 3.05B | 2.79B |
| Total liabilities | 27,649,000,000.00 | 28,633,000,000.00 | 27,165,000,000.00 | 29,050,000,000.00 | 33,388,000,000.00 | 57,510,000,000.00 |
| Total equity | 50.75B | 54.17B | 58.81B | 72.46B | 100.72B | 138.38B |
| Retained earnings | 45.56B | 48.58B | 53.34B | 66.82B | 94.68B | 131.85B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 13.19B | 8.31B | 12.47B | 15.18B | 1.56B | 8.51B | 17.53B | 89.68B |
| Depreciation & amortization | 5.42B | 5.65B | 6.21B | 7.12B | 7.76B | 7.78B | 8.35B | 9.50B |
| Free cash flow | 3.41B | 83.00M | 2.44B | 3.11B | -6.12B | 121.00M | 1.67B | 58.96B |
| Dividends paid | -- | 0 | 0 | -461.00M | -504.00M | -513.00M | -522.00M | -610.00M |
| Stock buybacks / issuance | -2.73B | -176.00M | -1.20B | -2.43B | -425.00M | -300.00M | 0 | -650.00M |
| Ending cash balance | 7.28B | 7.69B | 7.83B | 8.34B | 8.66B | 7.05B | 9.65B | 38.39B |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-09 |
|---|---|---|---|---|---|---|
| Operating cash flow | 4.61B | 5.73B | 8.41B | 11.90B | 25.39B | 43.97B |
| Depreciation & amortization | 2.09B | 2.15B | 2.21B | 2.29B | 2.36B | 2.64B |
| Free cash flow | 1.67B | 72.00M | 3.02B | 5.52B | 17.56B | 32.86B |
| Dividends paid | -131.00M | -130.00M | -134.00M | -132.00M | -171.00M | -173.00M |
| Stock buybacks / issuance | 0 | 0 | -300.00M | -350.00M | 0 | 0 |
| Ending cash balance | 10.17B | 9.65B | 9.73B | 13.93B | 25.02B | 38.39B |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 18.52 | 7.18 | 14.14 | 18.51 | -12.41 | 1.74 | 17.20 | 88.26 |
| ROA %i | 13.68 | 5.24 | 10.42 | 13.88 | -8.94 | 1.16 | 11.22 | 60.98 |
| ROIC %i | 15.87 | 6.28 | 12.32 | 16.15 | -10.21 | 1.36 | 13.26 | 79.00 |
| 5-year avg ROE %i | 26.01 | 22.42 | 25.70 | 22.77 | 9.19 | 5.83 | 7.84 | 22.66 |
| EBIT margin %i | 30.66 | 14.82 | 23.10 | 31.73 | -33.91 | 7.18 | 27.10 | 74.91 |
| FCF / sales %i | 14.56 | 0.39 | 8.80 | 10.12 | -- | 0.48 | 4.46 | 44.27 |
| Current ratioi | 2.58 | 2.71 | 3.10 | 2.89 | 4.46 | 2.64 | 2.52 | 3.31 |
| Quick ratioi | 1.74 | 1.82 | 2.17 | 1.92 | 2.53 | 1.59 | 1.71 | 2.90 |
| Debt / assetsi | 11.97 | 13.37 | 12.37 | 11.34 | 21.68 | 20.18 | 17.61 | 2.64 |
| LT debt / equityi | 12.66 | 17.71 | 16.22 | 14.85 | 30.95 | 30.08 | 25.88 | 3.39 |
| Interest coveragei | 56.06 | 16.38 | 34.98 | 51.64 | -13.58 | 3.21 | 21.24 | 941.29 |
| Revenue CAGR (3Y) %i | 23.59 | 1.79 | -3.04 | 9.53 | -10.17 | -3.22 | 6.71 | 104.65 |
| Net income CAGR (3Y) %i | -- | -19.18 | -25.43 | 11.23 | -- | -48.99 | -0.57 | -- |
| FCF CAGR (3Y) %i | -- | -71.04 | -34.11 | -2.97 | -- | -63.25 | -18.79 | -- |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-09 |
|---|---|---|---|---|---|---|
| ROE %i | 13.11 | 17.20 | 22.55 | 39.82 | 66.64 | 88.26 |
| ROA %i | 8.61 | 11.22 | 15.13 | 27.62 | 47.50 | 60.98 |
| ROIC %i | 9.97 | 13.26 | 17.86 | 32.58 | 57.60 | 79.00 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 23.72 | 27.10 | 33.08 | 48.72 | 65.68 | 74.91 |
| FCF / sales %i | 5.56 | 4.46 | 10.99 | 17.69 | 28.99 | 44.27 |
| Current ratioi | 2.75 | 2.52 | 2.46 | 2.90 | 3.42 | 3.31 |
| Quick ratioi | 1.80 | 1.71 | 1.70 | 2.23 | 2.93 | 2.90 |
| Debt / assetsi | 20.59 | 17.61 | 14.45 | 10.64 | 4.75 | 2.64 |
| LT debt / equityi | 30.75 | 25.88 | 20.16 | 14.09 | 5.75 | 3.39 |
| Interest coveragei | 16.40 | 21.24 | 32.32 | 80.22 | 257.80 | 941.29 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Cloud Memory Business Unit (CMBU) is the largest reported line at 33.21% of revenue, across 5 reported segments.
- No single line clears half of revenue; Core Data Center Business Unit (CDBU) is next at 27.80%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Cloud Memory Business Unit (CMBU)33.21%
Core Data Center Business Unit (CDBU)27.80%
Mobile and Client Business Unit (MCBU)27.79%
Automotive and Embedded Business Unit (AEBU)11.18%
Quote time 2026-10-20 08:20:15 · For reference only, not investment advice and not tailored to your situation.
memory cycle turned faster than I expected this time around. DRAM pricing finally giving this stock some room to breathe after years of getting no respect.