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Micron Technology MU Current ratio

Current ratio at other companies

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Broadcom Inc.AVGO
2.2×+1.2×
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Western DigitalWDC
1.5×-0.1×
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Seagate Technology Holdings PLCSTX
1.3×0.0×
Applied Materials logo
Applied MaterialsAMAT
2.5×0.0×
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Monolithic Power SystemsMPWR
4.8×-0.1×
Advanced Micro Devices logo
Advanced Micro DevicesAMD
2.7×-0.1×

Other financials

Income statement

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Revenue$23.9B+196%
Gross profit$17.8B+499%
Operating income$16.1B+810%
Net income$13.8B+771%
EPS (diluted)$12.07+756%

Balance sheet

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Cash & equivalents$13.9B+84.2%
Total debt$13.6B-23.8%
Total equity$72.5B+49.0%
Total assets$101.51B+39.0%

Cash flow

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Operating cash flow$11.9B+202%
CapEx$6.4B+57.5%
Free cash flow$5.5B+4,981%

Valuation

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Market cap$1.18T+292%
Enterprise value$1.18T+254%
P/E48.8×-15.4×
P/S20.2×+10.7×

Profitability

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Gross margin58.4%+23.7pp
Operating margin48.3%+28.6pp
Net margin41.5%+26.6pp

Returns & leverage

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Return on equity39.8%+29.7pp
Debt / equity0.2×-0.2×

Where this comes from

Calculated from Micron Technology’s reported figures.

Based on the most recent quarter.

The official record: Micron Technology’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Micron Technology's current ratio?
Micron Technology (MU) reported current ratio of 2.9× in Q1 2026.
How has Micron Technology's current ratio changed year-over-year?
Micron Technology's current ratio decreased by 7.6% year-over-year, from 3.1× to 2.9×.
What is the long-term trend for Micron Technology's current ratio?
Over 4 years (2021 to 2025), Micron Technology's current ratio has grown at a -3.0% compound annual growth rate (CAGR), from 12.6× to 11.1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.