Non-Current Assets

Property, plant and equipment, net

Micron Technology Property, plant and equipment, net increased by 6.0% to $51.41B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $42.53B to $51.41B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment, net shows an upward trend with a 8.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ2 2026Mar 19, 2026

How to read this metric

Growth indicates ongoing investment in infrastructure and capacity, while a decline may suggest high depreciation rates outpacing capital expenditure.

Detailed definition

This represents the net book value of the company's physical infrastructure, including rail tracks, locomotives, rolling...

Peer comparison

The dominant asset category for all Class-1 railroads; essential for benchmarking asset intensity.

Metric ID: non_current_assets_property_plant_and_equipment_and_fina_e3effd

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$32.21B$33.21B$35.16B$36.17B$36.67B$38.55B$39.34B$39.09B$38.73B$37.93B$37.68B$37.59B$37.93B$39.75B$41.48B$42.53B$44.77B$46.59B$48.48B$51.41B
QoQ Change+3.1%+5.8%+2.9%+1.4%+5.1%+2.0%-0.6%-0.9%-2.1%-0.7%-0.2%+0.9%+4.8%+4.3%+2.5%+5.3%+4.1%+4.1%+6.0%
YoY Change+13.8%+16.1%+11.9%+8.1%+5.6%-1.6%-4.2%-3.8%-2.1%+4.8%+10.1%+13.1%+18.1%+17.2%+16.9%+20.9%
Range$32.21B$51.41B
CAGR+10.3%
Avg YoY Growth+9.0%
Median YoY Growth+11.0%
Current Streak8 quarters growth

Frequently Asked Questions

What is Micron Technology's property, plant and equipment, net?
Micron Technology (MU) reported property, plant and equipment, net of $51.41B in Q1 2026.
How has Micron Technology's property, plant and equipment, net changed year-over-year?
Micron Technology's property, plant and equipment, net increased by 20.9% year-over-year, from $42.53B to $51.41B.
What is the long-term trend for Micron Technology's property, plant and equipment, net?
Over 5 years (2020 to 2025), Micron Technology's property, plant and equipment, net has grown at a 8.5% compound annual growth rate (CAGR), from $31.03B to $46.59B.
What does property, plant and equipment, net mean?
The net value of the company's physical assets like tracks, trains, and buildings after accounting for wear and tear.