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Micron Technology MU Debt-to-equity

Debt-to-equity at other companies

Broadcom Inc. logo
Broadcom Inc.AVGO
0.8×-0.2×
Western Digital logo
Western DigitalWDC
0.2×-1.3×
Seagate Technology Holdings PLC logo
Seagate Technology Holdings PLCSTX
3.5×
Applied Materials logo
Applied MaterialsAMAT
0.3×0.0×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
0.0×
Advanced Micro Devices logo
Advanced Micro DevicesAMD
0.1×0.0×

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
Current ratio2.9×-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 debt-to-equity?
Micron Technology (MU) reported debt-to-equity of 0.2× in Q1 2026.
How has Micron Technology's debt-to-equity changed year-over-year?
Micron Technology's debt-to-equity decreased by 48.8% year-over-year, from 0.4× to 0.2×.
What is the long-term trend for Micron Technology's debt-to-equity?
Over 4 years (2021 to 2025), Micron Technology's debt-to-equity has grown at a 17.7% compound annual growth rate (CAGR), from 0.8× to 1.4×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.