Micron Technology MU Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 142.6%+124pp | 19%-49.8pp | 68.8%-110pp | 179.3%+45.9pp | |
| Operating margin | 84.3%+151pp | -66.7%-48.6pp | -18.1%-143pp | 125%+54.3pp | |
| Net margin | 69.5%+137pp | -67.1%-43.4pp | -23.8%-136pp | 112.7%+48.1pp | |
| EBITDA margin | 183.7%+93.1pp | 90.6%-43.5pp | 134.1%-77.9pp | 212%+42.6pp | |
| Free cash flow margin | 13.9%+68.8pp | -55%+15.5pp | -70.4%-124pp | 53.7%— | |
| Returns | |||||
| Return on equity | 49.1%+73.9pp | -24.9%-22.7pp | -2.2%-79.9pp | 77.7%+37.2pp | |
| Return on assets | 32.3%+49.6pp | -17.3%-16.0pp | -1.3%-59.7pp | 58.4%+28.3pp | |
| Return on invested capital | 41.8%+64.6pp | -22.8%-21.8pp | -1%-79.4pp | 78.3%+37.5pp | |
| Efficiency | |||||
| Asset turnover | 1.8×+0.6× | 1.2×-0.1× | 1.3×-0.8× | 2.1×+0.2× | |
| Inventory turnover | 9.8×+0.8× | 9×-0.6× | 9.5×-3.6× | 13.1×0.0× | |
| Liquidity | |||||
| Current ratio | 11.1×-2.2× | 13.3×-3.1× | 16.4×+4.1× | 12.3×-0.2× | |
| Quick ratio | 7.4×-1.0× | 8.4×-1.8× | 10.2×+1.1× | 9.1×-0.1× | |
| Cash ratio | 3.5×-1.0× | 4.5×-2.4× | 7×+1.9× | 5.1×+0.2× | |
| Leverage | |||||
| Debt-to-equity | 1.4×0.0× | 1.4×+0.2× | 1.2×+0.5× | 0.7×0.0× | |
| Debt-to-assets | 0.9×0.0× | 1×+0.1× | 0.9×+0.3× | 0.5×0.0× | |
| Net debt / EBITDA | 2.6×-9.0× | 11.6×+6.5× | 5.1×+5.2× | -0.1×-0.4× | |
| Interest coverage | 56.5×+79.4× | -22.9×-43.0× | 20.1×-186× | 205.8×+111× | |
| Per Share | |||||
| Book value per share | $178.27+12.7% | $158.12-7.2% | $170.42-0.6% | $171.41+17.3% | |
| Valuation | |||||
| Market capitalization | $521.27B+7.5% | $484.88B+83.3% | $264.49B-14.2% | $308.32B-13.8% | |
| Enterprise value | $559.7B+8.1% | $517.88B+82.7% | $283.48B-7.8% | $307.34B-14.9% | |
| Price / earnings | 89.9×— | —— | —— | 36.4×-59.2× | |
| Price / sales | 15.6×-8.8× | 24.3×+10.8× | 13.5×+3.5× | 10×-4.6× | |
| Price / book | 10.3×-0.7× | 11×+5.3× | 5.7×-0.7× | 6.5×-2.2× | |
| EV / EBITDA | 36.3×-135× | 171.7×+105× | 67×+47.9× | 19.1×-16.0× | |
| EV / sales | 16.8×-9.2× | 26×+11.5× | 14.5×+4.5× | 10×-4.8× | |
| Free cash flow yield | 3.4%+12.1pp | -8.7%+7.6pp | -16.3%-39.0pp | 22.7%— | |
| Earnings yield | 17.9%+28.4pp | -10.6%-12.3pp | 1.8%-47.4pp | 49.2%+30.7pp | |
| Dividend yield | 1.7%0.0pp | 1.7%-1.3pp | 3%+1.3pp | 1.7%— |
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.
