Micron Technology, Inc. logo MU - Micron Technology, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 57
HOLD 11
SELL 2
STRONG
SELL 0
| PRICE TARGET: $499.68 DETAILS
HIGH: $1,100.00
LOW: $310.00
MEDIAN: $450.00
CONSENSUS: $499.68
DOWNSIDE: 33.46%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 37,378 25,111 15,540 30,758 27,705 21,435 23,406 30,391 20,322 12,399 16,192 16,358 9,073 8,234 8,788 8,482 4,803 5,841 5,688 5,272 4,880.2 4,404.2 3,091.3 2,589 3,935.9 7,336.3 3,764 3,011.9 3,515.5 3,653.8 2,952.7 1,628.6 828.3
Cost of Revenue 22,505 19,498 16,956 16,860 17,282 14,883 12,704 12,500 11,886 9,894 10,977 10,921 7,226 7,266 7,030 5,768 5,243 5,896 4,610 4,072 3,734.4 3,089.5 3,112 2,699.6 3,898.8 3,949 3,002.9 2,765.8 2,539.2 2,198.4 1,328.7 789.4 378.4
Gross Profit 14,873 5,613 (1,416) 13,898 10,423 6,552 10,702 17,891 8,436 2,505 5,215 5,437 1,847 968 1,758 2,714 (440) (55) 1,078 1,200 1,145.8 1,314.7 (20.7) (110.6) 37.1 3,387.3 761.1 246.1 976.3 1,455.4 1,624 839.2 449.9
Operating Expenses
R&D Expenses 3,798 3,430 3,114 3,116 2,663 2,600 2,441 2,342 2,037 1,822 1,764 1,533 1,107 918 791 624 647 680 805 656 603.7 754.9 656.4 561.3 489.5 427.5 322.1 271.8 208.9 191.9 128.8 83.4 0
SG&A Expenses 1,205 1,129 920 1,066 894 881 836 813 730 656 720 708 513 620 592 528 354 455 610 460 326 332.6 400.2 332.3 524.1 666.5 486 467.9 365 289.4 198.7 135.7 145.2
Other Expenses 0 (250) 295 14 632 68 49 (258) (199) (141) (267) 109 0 0 0 (17) 107 372 (76) (265) 0 0 0 21.1 73.6 0 0 0 0 0 29 0 138.7
Operating Expenses 5,003 4,309 4,329 4,196 4,189 3,549 3,326 2,897 2,568 2,337 2,217 2,350 469 1,586 1,003 1,135 1,108 1,507 1,339 851 929.7 1,087.5 1,056.6 914.7 1,087.2 1,094 808.1 739.7 573.9 481.3 356.5 219.1 283.9
Operating Income
Operating Income 9,870 1,304 (5,745) 9,702 6,283 3,003 7,376 14,994 5,868 168 2,998 3,087 450 (618) 755 1,589 (1,676) (1,595) (280) 350 217.5 249.7 (1,186.5) (1,025.3) (976.5) 2,293.3 (47) (493.6) 402.4 944.5 1,296.5 620.1 166
Interest Expense 477 562 388 189 183 194 128 342 601 437 371 352 231 171 124 178 182 82 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 496 529 468 96 37 114 205 120 41 42 35 23 14 0 23 18 22 79 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 18,492 8,944 2,211 16,740 12,928 8,710 12,814 19,685 9,738 3,214 5,651 5,473 2,254 1,566 2,780 4,103 516 531 1,391 1,739 1,510 1,485.5 132.6 152.1 166.4 3,367.1 810.1 90.2 850.4 1,352.2 1,495.5 801.3 304.7
EBIT 10,140 1,246 (5,459) 9,709 6,796 3,060 7,390 14,926 5,877 234 2,984 3,370 450 (575) 675 2,098 (1,670) (1,529) (261) 349 245.5 268 (1,077.3) (1,025.3) (1,050.1) 2,392.7 (19.6) (516.4) 374.1 988.5 1,296.5 620.1 166
Income Before Tax 9,663 1,229 (5,656) 9,575 6,255 2,990 7,051 14,306 5,204 (256) 3,056 3,207 1,202 (754) 551 1,920 (1,852) (1,611) (168) 433 198.6 232 (1,200.2) (998.5) (959.5) 2,317 (91.5) (335.2) 619.1 950.5 1,350.5 625.8 162.6
Income Tax Expense 1,124 451 177 888 394 280 693 168 114 19 157 128 8 (17) 203 (19) 1 18 30 18 10.6 74.8 73 (91.5) (446) 796.7 (36) (118.8) 267.3 357 506.4 225.3 58.5
Net Income 8,539 778 (5,833) 8,687 5,861 2,687 6,313 14,135 5,089 (276) 2,899 3,045 1,190 (1,032) 167 1,850 (1,882) (1,619) (320) 408 188 157.2 (1,273.2) (907) (625) 1,504.2 (68.9) (233.7) 332.2 593.5 844.1 400.5 104.1
Per Share Data
EPS (Basic) 7.65 0.70 -5.34 7.81 5.23 2.42 5.67 11.51 4.67 -0.27 2.71 2.87 1.16 -1.04 0.17 2.09 -2.35 -2.10 -0.42 0.59 0.31 0.26 -2.10 -1.51 -1.06 2.73 -0.13 -0.55 0.75 1.38 1.98 0.96 0.26
EPS (Diluted) 7.59 0.70 -5.34 7.74 5.14 2.37 5.52 11.50 4.41 -0.27 2.47 2.54 1.13 -1.04 0.17 1.85 -2.35 -2.10 -0.42 0.57 0.29 0.24 -2.10 -1.51 -1.06 2.56 -0.13 -0.55 0.72 1.38 1.95 0.95 0.26
Shares Outstanding 1,116 1,105 1,093 1,112 1,120 1,110 1,114 1,228.1 1,089 1,022.2 1,070 1,060 1,021.7 991.2 988 887.5 800.7 772.5 769.1 691.7 647.1 640.3 607.5 601.5 592.4 550.9 521.5 426.0 420 430 427.8 418 400.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 9,642 7,041 8,577 8,262 7,763 7,624 7,152 6,506 5,109 4,140 1,485 1,243 486.1 570.3 398.2 469.1 701.7 294.6 558.6 619.5 276.1 128.1 78.4 47.5
Short-Term Investments 665 1,065 1,017 1,069 870 518 803 296 319 258 0 119 744.9 351.5 587.5 1,209.2 1,764.7 1,318.9 90.8 368.2 10.7 427.7 0 0
Net Receivables 9,265 6,615 2,443 5,130 5,311 3,912 3,195 5,478 3,759 2,068 798 1,032 773.7 642.5 537.9 791.6 1,413.1 692.6 489.5 458.9 347.4 455.4 590.3 293
Inventory 8,355 8,875 8,387 6,663 4,487 5,607 5,118 3,595 3,123 2,889 987 1,291 578.1 417.4 545.4 491.1 704.8 365.7 291.1 454.2 251.4 204.8 101.1 83.2
Other Current Assets 914 776 820 657 1,476 304 235 164 147 140 74 94 18.5 27.6 14.2 159.4 137.1 119.9 153.5 430.4 65 49 20.1 16.4
Total Current Assets 28,841 24,372 21,244 21,781 19,907 17,965 16,503 16,039 12,457 9,495 3,344 3,779 2,638.7 2,037 2,118.8 3,137.7 4,904.4 2,830 1,499.2 1,972.4 964 1,274.1 793.2 440.1
Non-Current Assets
Property, Plant & Equipment 47,326 40,394 38,594 39,227 33,764 31,615 28,240 23,672 19,431 14,686 7,089 8,811 4,712.7 4,510.5 4,699.5 4,704.1 4,257.6 3,799.6 3,030.8 2,761.2 2,708.1 1,385.6 663.5 437.8
Goodwill 1,150 1,150 1,150 1,228 1,228 1,228 1,228 1,228 1,228 104 0 58 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 453 416 404 421 349 334 340 331 387 464 344 364 276.2 289.6 317 198.4 213 212.6 84.9 51.1 43.2 41.6 48.2 0
Long-Term Investments 1,629 1,046 844 1,647 1,765 1,048 1,164 473 633 1,778 315 0 0 0 0.5 (0.2) 0 0.1 0.2 (0.2) 0.3 0 (54) 0
Other Non-Current Assets 2,783 1,518 1,262 1,277 1,054 781 575 611 434 356 367 418 91 237.4 294.8 304.2 256.5 (186.1) (210.8) (173.2) (121.1) 73.6 24.8 87.8
Total Non-Current Assets 53,957 45,044 43,010 44,502 38,942 35,713 32,384 27,337 22,879 18,045 8,115 9,651 5,121.3 5,121.2 5,436.6 5,225.5 4,727.1 4,135.2 3,189.1 2,878.9 2,787.5 1,500.8 736.5 525.6
Total Assets 82,798 69,416 64,254 66,283 58,849 53,678 48,887 43,376 35,336 27,540 11,459 13,430 7,760 7,158.2 7,555.4 8,363.2 9,631.5 6,965.2 4,688.3 4,851.3 3,751.5 2,774.9 1,529.7 965.7
Current Liabilities
Account Payables 3,132 2,726 1,725 2,142 1,744 2,191 1,677 1,692 1,333 1,459 609 597 796 714.7 554.1 512.9 1,271.4 705.4 235.6 546.1 423.7 502.3 200.2 155
Short-Term Debt 634 106 106 0 1 194 1,087 549 905 376 424 275 71 88.9 93.1 86.2 46.8 111.7 108.7 126.6 165.2 26.5 29.8 25.4
Deferred Revenue 26 0 0 0 0 0 0 491 605 332 209 114 35 22.7 25.5 26.4 87.9 23.4 7.5 14.5 7.8 16.4 13 0
Other Current Liabilities 5,918 1,518 529 1,346 943 548 454 30 0 0 222 98 70 166.7 80 61.5 41 81.5 393.9 62.7 67.8 59.6 31.2 30.4
Total Current Liabilities 11,454 9,248 4,765 7,539 6,424 6,635 6,390 5,754 5,334 4,835 1,892 1,598 972.1 993 752.7 687 1,647.5 922 740.3 749.9 664.5 604.8 274.2 210.8
Non-Current Liabilities
Long-Term Debt 14,017 11,237 11,943 6,020 5,972 5,963 4,173 3,244 9,060 8,128 2,379 2,451 1,028 997.1 360.8 445 931.4 1,527.5 758.8 762.3 314.6 129.4 124.7 54.4
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 42 41.3 0 19 333.5 309.1 284.2 239.8 157.4 93.3 54.1 46.2
Other Non-Current Liabilities 1,443 911 987 835 559 498 550 451 639 623 249 338 103 155.8 135.5 77.4 70 74.2 61.4 79.7 59.2 51.2 27.4 14.8
Total Non-Current Liabilities 17,179 15,037 15,369 8,837 8,492 8,047 5,727 4,458 10,532 9,777 2,628 2,789 1,173.1 1,194.2 496.3 541.4 1,352.7 1,910.8 1,102.9 1,081.8 531.2 273.9 206.2 115.4
Total Liabilities 28,633 24,285 20,134 16,376 14,916 14,682 12,117 10,212 15,866 14,612 4,520 4,387 2,145 2,187.2 1,249 1,228.4 2,782 2,832.8 1,850.1 1,831.7 1,195.7 878.7 480.4 326.2
Stockholders' Equity
Common Stock 127 125 124 123 122 119 118 117 112 109 85 76 61.2 60.8 60.3 59.8 56.7 26.8 21.4 21.1 20.9 20.6 10.2 0
Retained Earnings 48,583 40,877 40,824 47,274 39,051 33,384 30,761 24,395 10,260 5,299 (2,385) (456) 890.1 733.8 2,015.5 2,924.6 3,549.6 2,045.4 2,144.8 2,378.2 2,046.4 1,484.1 670.8 282.5
Accumulated Other Comprehensive Income (32) (134) (312) (560) 2 71 9 10 29 (35) (4) (8) (0.4) 0.1 1 (3.3) 1.5 (2.1) (1,642) (1,190) 0 (638.4) (1.4) 0
Total Stockholders' Equity 54,165 45,131 44,120 49,907 43,933 38,996 35,881 32,294 18,621 12,080 4,953 6,178 5,614.8 4,971 6,306.4 7,134.8 6,432 3,964.1 2,693 2,883.1 2,502 1,896.2 1,049.3 639.5
Total Liabilities & Equity 82,798 69,416 64,254 66,283 58,849 53,678 48,887 43,376 35,336 27,540 11,459 13,430 7,760 7,158.2 7,555.4 8,363.2 9,631.5 6,965.2 4,688.3 4,851.3 3,751.5 2,774.9 1,529.7 965.7
Debt Metrics
Total Debt 15,278 14,007 13,933 7,516 7,281 7,176 5,851 4,639 11,155 9,910 2,803 2,726 1,099 1,086 453.9 531.2 978.2 1,639.2 867.5 888.9 479.8 155.9 154.5 79.8
Net Debt 5,636 6,966 5,356 (746) (482) (448) (1,301) (1,867) 6,046 5,770 1,318 1,483 613 515.7 55.7 62.1 276.5 1,344.6 308.7 269.4 203.7 27.8 76.1 32.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 8,539 778 (5,833) 8,687 5,861 2,710 6,358 14,138 5,090 (275) 188 157.2 (1,273.2) (907) (625) 1,504.2 (68.9) (233.7) 332.2 593.5 844.1 400.5 104.1
Depreciation & Amortization 8,352 7,780 7,756 7,116 6,214 5,650 5,473 4,860 3,986 3,106 1,264.5 1,217.5 1,209.9 1,177.4 1,114.4 994.3 843.3 606.6 461.7 363.7 199 181.2 138.7
Stock-Based Compensation 972 833 596 514 378 328 243 198 215 191 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (338) (1,165) (2,896) (1,263) (420) (408) 879 (1,916) (1,158) 365 (191.5) (233.4) (163) (119.7) (765.8) (621.1) 0.7 (19.9) (148.2) 5.8 (24.5) (53.7) 26.1
Other Non-Cash Items 0 281 4 127 434 66 (111) (164) 125 115 (13.5) (40.3) 440 416 1,065.5 190.9 72.8 (180.5) 109.6 49.4 20.2 29.5 (6.4)
Operating Cash Flow 17,525 8,507 1,559 15,181 12,468 8,306 13,189 17,400 8,153 3,168 1,237.8 1,158.8 284.2 578.1 789.1 2,068.3 847.9 189.2 603.6 1,060.5 1,038.8 557.5 257.3
Investing Activities
Capital Expenditure (15,857) (8,386) (7,676) (12,067) (10,030) (8,223) (9,855) (9,085) (5,253) (5,863) (1,064.8) (1,080.7) (821.5) (1,012.3) (1,488.6) (1,188.2) (803.9) (707.1) (516.9) (1,425.9) (730) (251) (83.4)
Acquisitions 0 0 7,676 888 10,030 (744) 1,098 (348) (2,634) 6 47.2 92.7 0 4.5 23.7 151.2 41.2 33.4 15.5 33.8 0 0 0
Purchases of Investments (1,890) (1,999) (723) (1,770) (3,163) (1,857) (4,218) (945) (1,513) (1,178) (1,848.6) (1,799.4) (758) (1,867.9) (2,976.6) (2,750.6) (2,888.7) (653.6) (446.8) (194.6) (719.6) (403.6) (218)
Sales/Maturities of Investments 1,698 1,794 1,591 1,615 2,106 2,272 3,045 1,087 1,154 4,025 1,836.1 1,404.7 1,171.1 2,438.6 3,442.9 2,387.8 1,690 950.1 89.1 613.8 651.8 185.3 114.7
Other Investing Activities 1,962 282 (7,059) (251) (9,532) 963 (155) 1,075 709 (58) (53.8) 70 (109.7) (76.8) (384) (122.9) (66.6) 191.2 180.2 (7.5) 27.2 (10.5) (1.8)
Investing Cash Flow (14,087) (8,309) (6,191) (11,585) (10,589) (7,589) (10,085) (8,216) (7,537) (3,068) (1,083.9) (1,312.7) (518.1) (513.9) (1,382.6) (1,522.7) (2,028) (186) (678.9) (980.4) (770.6) (479.8) (188.5)
Financing Activities
Net Debt Issuance (189) (898) 5,955 (32) (332) 634 210 (9,185) 753 2,094 (79) (43) 561.5 (84.6) (51.2) (175.1) (59.4) (86.3) 342.8 299.8 (1) 73 (11.1)
Stock Repurchased 0 (300) (425) (2,432) (1,200) (176) (2,729) (71) (36) (148) 0 (68) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (522) (513) (504) (461) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (31.2) (30.8) (12.2) 0
Other Financing Activities (139) (131) (43) 70 (155) (775) 81 1,480 (368) (201) (77.5) (374.3) (209) (122.3) (186.3) (207.4) 371.4 0.3 (14.3) (225.8) (205.1) (119.7) (65.3)
Financing Cash Flow (850) (1,842) 4,983 (2,980) (1,781) (317) (2,438) (7,776) 349 1,745 (115.5) 69.7 406 (135.1) 360.9 (138.5) 915.9 (64.1) 418.7 67.9 (218.5) (46.8) (57)
Cash Position
Net Change in Cash 2,594 (1,604) 317 510 139 411 692 1,371 953 1,853 38.4 (84.2) 172.1 (70.9) (232.6) 407.1 (264.2) (60.9) 343.4 148 49.7 30.9 (57)
Cash at Beginning 7,052 8,656 8,339 7,829 7,690 7,279 6,587 5,216 4,263 2,287 486.1 570.3 398.2 469.1 701.7 294.6 558.8 619.5 276.1 128.1 78.4 47.5 35.7
Cash at End 9,646 7,052 8,656 8,339 7,829 7,690 7,279 6,587 5,216 4,140 524.5 486.1 570.3 398.2 469.1 701.7 294.6 558.6 619.5 276.1 128.1 78.4 (21.3)
Free Cash Flow 1,668 121 (6,117) 3,114 2,438 83 3,334 8,315 2,900 (2,695) 173 78.1 (537.3) (434.2) (699.5) 880.1 44 (517.9) 86.7 (365.4) 308.8 306.5 173.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 37,378 25,111 15,540 30,758 27,705 21,435 23,406 30,391 20,322 12,399 16,192 16,358 9,073 8,234 8,788 8,482 4,803 5,841 5,688 5,272 4,880.2 4,404.2 3,091.3 2,589 3,935.9 7,336.3 3,764 3,011.9 3,515.5 3,653.8 2,952.7 1,628.6 828.3
Gross Profit 14,873 5,613 (1,416) 13,898 10,423 6,552 10,702 17,891 8,436 2,505 5,215 5,437 1,847 968 1,758 2,714 (440) (55) 1,078 1,200 1,145.8 1,314.7 (20.7) (110.6) 37.1 3,387.3 761.1 246.1 976.3 1,455.4 1,624 839.2 449.9
Operating Income 9,870 1,304 (5,745) 9,702 6,283 3,003 7,376 14,994 5,868 168 2,998 3,087 450 (618) 755 1,589 (1,676) (1,595) (280) 350 217.5 249.7 (1,186.5) (1,025.3) (976.5) 2,293.3 (47) (493.6) 402.4 944.5 1,296.5 620.1 166
Net Income 8,539 778 (5,833) 8,687 5,861 2,687 6,313 14,135 5,089 (276) 2,899 3,045 1,190 (1,032) 167 1,850 (1,882) (1,619) (320) 408 188 157.2 (1,273.2) (907) (625) 1,504.2 (68.9) (233.7) 332.2 593.5 844.1 400.5 104.1
EPS (Diluted) 7.59 0.70 -5.34 7.74 5.14 2.37 5.52 11.50 4.41 -0.27 2.47 2.54 1.13 -1.04 0.17 1.85 -2.35 -2.10 -0.42 0.57 0.29 0.24 -2.10 -1.51 -1.06 2.56 -0.13 -0.55 0.72 1.38 1.95 0.95 0.26
Balance Sheet
Cash & Equivalents 9,642 7,041 8,577 8,262 7,763 7,624 7,152 6,506 5,109 4,140 1,485 1,243 486.1 570.3 398.2 469.1 701.7 294.6 558.6 619.5 276.1 128.1 78.4 47.5
Total Assets 82,798 69,416 64,254 66,283 58,849 53,678 48,887 43,376 35,336 27,540 11,459 13,430 7,760 7,158.2 7,555.4 8,363.2 9,631.5 6,965.2 4,688.3 4,851.3 3,751.5 2,774.9 1,529.7 965.7
Total Debt 15,278 14,007 13,933 7,516 7,281 7,176 5,851 4,639 11,155 9,910 2,803 2,726 1,099 1,086 453.9 531.2 978.2 1,639.2 867.5 888.9 479.8 155.9 154.5 79.8
Stockholders' Equity 54,165 45,131 44,120 49,907 43,933 38,996 35,881 32,294 18,621 12,080 4,953 6,178 5,614.8 4,971 6,306.4 7,134.8 6,432 3,964.1 2,693 2,883.1 2,502 1,896.2 1,049.3 639.5
Cash Flow
Operating Cash Flow 17,525 8,507 1,559 15,181 12,468 8,306 13,189 17,400 8,153 3,168 1,237.8 1,158.8 284.2 578.1 789.1 2,068.3 847.9 189.2 603.6 1,060.5 1,038.8 557.5 257.3
Capital Expenditure (15,857) (8,386) (7,676) (12,067) (10,030) (8,223) (9,855) (9,085) (5,253) (5,863) (1,064.8) (1,080.7) (821.5) (1,012.3) (1,488.6) (1,188.2) (803.9) (707.1) (516.9) (1,425.9) (730) (251) (83.4)
Free Cash Flow 1,668 121 (6,117) 3,114 2,438 83 3,334 8,315 2,900 (2,695) 173 78.1 (537.3) (434.2) (699.5) 880.1 44 (517.9) 86.7 (365.4) 308.8 306.5 173.9