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.

Micron Technology MU Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25
Profitability
Gross margin	180.7%+81.2pp	157%+92.6pp	142.6%+124pp	125.1%+138pp	99.4%+114pp
Operating margin	129.5%+96.6pp	100.9%+111pp	84.3%+151pp	63.4%+172pp	32.9%+149pp
Net margin	110.9%+86.7pp	84.3%+95.6pp	69.5%+137pp	49.8%+158pp	24.2%+141pp
EBITDA margin	211.3%+58.4pp	193.4%+66.5pp	183.7%+93.1pp	171.4%+104pp	152.9%+86.5pp
Free cash flow margin	38.7%+40.8pp	23%+45.1pp	13.9%+68.8pp	9.9%+105pp	-2.1%+112pp
Returns
Return on equity	92.7%+75.6pp	63%+64.3pp	49.1%+73.9pp	33.6%+72.6pp	17.1%+58.8pp
Return on assets	62.6%+51.3pp	41.7%+42.8pp	32.3%+49.6pp	22.2%+49.7pp	11.3%+40.8pp
Return on invested capital	82.7%+68.6pp	54.3%+56.7pp	41.8%+64.6pp	28.6%+64.4pp	14.2%+52.2pp
Efficiency
Asset turnover	2.2×+0.6×	1.9×+0.5×	1.8×+0.6×	1.7×+0.6×	1.6×+0.5×
Inventory turnover	10.6×+1.4×	10.2×+1.1×	9.8×+0.8×	9.4×+0.5×	9.2×+0.1×
Liquidity
Current ratio	10.6×-1.3×	10.9×-1.6×	11.1×-2.2×	11.2×-3.9×	11.9×-4.1×
Quick ratio	7.8×+0.2×	7.5×-0.5×	7.4×-1.0×	7.3×-2.1×	7.6×-2.3×
Cash ratio	3.6×+0.1×	3.6×-0.3×	3.5×-1.0×	3.5×-2.1×	3.6×-2.7×
Leverage
Debt-to-equity	1.2×-0.3×	1.3×-0.1×	1.4×0.0×	1.5×0.0×	1.4×0.0×
Debt-to-assets	0.8×-0.2×	0.9×-0.1×	0.9×0.0×	1×0.0×	1×0.0×
Net debt / EBITDA	1.3×-2.6×	2×-3.4×	2.6×-9.0×	3.1×-10.8×	3.9×-9.8×
Interest coverage	147.4×+128×	79.8×+80.1×	56.5×+79.4×	38.3×+78.4×	19.7×+65.7×
Per Share
Book value per share	$208.38+26.5%	$188.24+17.0%	$178.27+12.7%	$170.49+7.8%	$164.76+2.8%
Valuation
Market capitalization	$1.03T+129%	$748.74B+54.6%	$521.27B+7.5%	$448.93B+0.9%	$451.39B+22.6%
Enterprise value	$1.06T+116%	$782.61B+50.5%	$559.7B+8.1%	$487.69B+2.6%	$489.26B+23.4%
Price / earnings	87.7×—	92.7×—	89.9×—	215.6×—	——
Price / sales	23.4×+5.7×	19.9×-1.8×	15.6×-8.8×	15.1×-9.4×	17.7×-3.8×
Price / book	17×+7.2×	13.7×+2.9×	10.3×-0.7×	9.4×-0.8×	9.8×+1.5×
EV / EBITDA	45.5×-9.5×	42.7×-43.6×	36.3×-135×	39.1×-159×	55×-133×
EV / sales	24×+4.9×	20.9×-2.4×	16.8×-9.2×	16.4×-9.8×	19.1×-4.1×
Free cash flow yield	6.4%+6.0pp	4.3%+7.1pp	3.4%+12.1pp	2.6%+19.6pp	0.4%+23.3pp
Earnings yield	18.9%+10.4pp	17.4%+16.6pp	17.9%+28.4pp	14%+33.0pp	8.6%+30.8pp
Dividend yield	0.9%-0.9pp	1.3%-0.4pp	1.7%0.0pp	1.9%-0.1pp	1.9%-0.5pp

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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.