Micron Technology MU Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 58.4%+13.1pp | 45.3%+5.5pp | 39.8%+2.7pp | 37.1%+2.4pp | 34.7%+3.8pp | |
| Operating margin | 48.3%+15.9pp | 32.5%+6.3pp | 26.1%+3.5pp | 22.6%+2.8pp | 19.8%+3.9pp | |
| Net margin | 41.5%+13.3pp | 28.1%+5.3pp | 22.8%+4.4pp | 18.4%+3.5pp | 14.9%+1.6pp | |
| Returns | ||||||
| Return on equity | 39.8%+17.3pp | 22.6%+5.4pp | 17.2%+4.1pp | 13.1%+3.0pp | 10.1%+1.4pp | |
| Return on invested capital | 36.9%+17.1pp | 19.8%+5.1pp | 14.7%+3.5pp | 11.2%+2.7pp | 8.5%+1.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.9×+0.4× | 2.5×-0.1× | 2.5×-0.2× | 2.8×-0.4× | 3.1×+0.4× | |
| Leverage | ||||||
| Debt-to-equity | 0.2×-0.1× | 0.3×-0.1× | 0.3×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Net debt / EBITDA | -0×-0.3× | 0.3×-0.2× | 0.5×-0.1× | 0.6×-0.1× | 0.7×-0.1× | |
| Per Share | ||||||
| Book value per share | $63.45+22.8% | $51.67+7.3% | $48.15+6.7% | $45.11+4.2% | $43.31+3.8% | |
| Valuation | ||||||
| Market capitalization | $380.99B+18.6% | $321.23B+71.6% | $187.25B+30.8% | $143.15B+47.4% | $97.11B+3.6% | |
| Price / earnings | 15.8×-11.2× | 27×+5.0× | 21.9×-1.1× | 23×+2.2× | 20.8×-3.4× | |
| Price / sales | 6.6×-1.0× | 7.6×+2.6× | 5×+0.8× | 4.2×+1.1× | 3.1×-0.1× | |
| Price / book | 5.3×-0.2× | 5.5×+2.0× | 3.5×+0.6× | 2.8×+0.8× | 2×0.0× | |
| EV / EBITDA | 10.3×-4.3× | 14.7×+3.9× | 10.8×+1.2× | 9.6×+2.1× | 7.5×-0.8× | |
| Dividend yield | 0.1%0.0pp | 0.2%-0.1pp | 0.3%-0.1pp | 0.4%-0.2pp | 0.5%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Micron Technology's profit margins?
- Micron Technology (MU) runs a 58.4% gross margin and a 48.3% operating margin, with a 41.5% net margin.
- Where do Micron Technology's ratios come from?
- Every ratio is computed from Micron Technology's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
