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Micron Technology MU Price / earnings

Price / earnings at other companies

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Western DigitalWDC
22.6×+14.1×
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Seagate Technology Holdings PLCSTX
58.3×+38.6×
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Everspin TechnologiesMRAM
84.5×+9.7×
Penguin Solutions logo
Penguin SolutionsPENG
28.8×
Applied Materials logo
Applied MaterialsAMAT
36.8×+18.7×
Broadcom Inc. logo
Broadcom Inc.AVGO
72.2×-13.6×

Other financials

Income statement

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Revenue$41.5B+346%
Gross profit$35.1B+899%
Operating income$33.3B+1,436%
Net income$28.2B+1,398%
EPS (diluted)$24.67+1,368%

Balance sheet

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Cash & equivalents$25.0B+146%
Total debt$5.7B-70.4%
Total equity$100.72B+98.5%
Total assets$134.11B+71.1%

Cash flow

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Operating cash flow$25.4B+451%
CapEx$7.8B+166%
Free cash flow$17.6B+951%

Valuation

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Market cap$929.52B+671%
Enterprise value$910.25B+601%
P/S10.3×+6.7×

Profitability

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Gross margin72.6%+35.4pp
Operating margin65.6%+43.0pp
Net margin55.9%+37.5pp
FCF margin29%+23.4pp

Returns & leverage

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Return on equity66.6%+53.5pp
Debt / equity0.1×-0.3×
Current ratio3.4×+0.7×

Where this comes from

Calculated from Micron Technology’s reported figures.

Based on the most recent quarter.

The source filing: Micron Technology’s 8-K, filed June 24, 2026. Open the filing →

Filed
Jun 24, 2026, 4:02 PM EDT
Accession
0000723125-26-000013

FAQ

What is Micron Technology's price / earnings?
Micron Technology (MU) reported price / earnings of 20.6× in Q2 2026.
How has Micron Technology's price / earnings changed year-over-year?
Micron Technology's price / earnings decreased by 10.3% year-over-year, from 23× to 20.6×.
What is the long-term trend for Micron Technology's price / earnings?
Over 3 years (2021 to 2025), Micron Technology's price / earnings has grown at a 17.4% compound annual growth rate (CAGR), from 13.6× to 21.9×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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