Micron Technology, Inc. — MU
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $237.92 | $267.06B | 31.3 | 18.5 | 16.2% | 10.4% | $0.46 0.2% | 4.9 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-08-31 | $21.4B | $2.7B | $2.42 | N/A | N/A | N/A |
| 1 | 2021-08-31 | $27.7B | $5.9B | $5.23 | 29.3% | 118.1% | 116.1% |
| 2 | 2022-08-31 | $30.8B | $8.7B | $7.81 | 11.0% | 48.2% | 49.3% |
| 3 | 2023-08-31 | $15.5B | $-5.8B | $-5.34 | -49.5% | -167.1% | -168.4% |
| 4 | 2024-08-31 | $25.1B | $778.0M | $0.70 | 61.6% | -113.3% | -113.1% |
| 5 | Average | 13.1% | -28.5% | -29.0% |
EPS
Forecasts
Y/Y % Change
MU Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 29.3% | 11.0% | -49.5% | 61.6% | 112.1% | 14.0% | 29.8% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 7 | 7 | |
| EPS Growth (%) | 118.1% | 48.2% | -167.1% | -113.3% | 2240.2% | 14.5% | 356.8% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | R&D ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|
| 2021 | $27.7B | $11.1B | $2.7B | $894.0M | $6.2B |
| 2022 | $30.8B | $9.7B | $3.1B | $1.1B | $7.1B |
| 2023 | $15.5B | $9.2B | $3.1B | $920.0M | $7.8B |
| 2024 | $25.1B | $11.7B | $3.4B | $1.1B | $7.8B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | R&D Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|
| 2022 | 11.02 | -11.96 | 17.01 | 19.24 | 14.52 |
| 2023 | -49.48 | -5.58 | -0.06 | -13.70 | 8.99 |
| 2024 | 61.59 | 27.37 | 10.15 | 22.72 | 0.31 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-11-10 08:26 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | D R A M Products Rev | D R A M Products OI | N A N D Products Rev | N A N D Products OI | Other Product Sales Rev | Other Product Sales OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|
| 2023 | 11B | 0.00B | 4.21B | 0.00B | 0.36B | 0.00B | 15.5B | 0.00B |
| 2024 | 17.6B | 0.00B | 7.23B | 0.00B | 0.28B | 0.00B | 25.1B | 0.00B |
| 2025 | 28.6B | 0.00B | 8.50B | 0.00B | 0.30B | 0.00B | 37.4B | 0.00B |
| TTM | 55.2B | 0.00B | 16.9B | 0.00B | 0.59B | 0.00B | 72.7B | 0.00B |
| % of Total (TTM) | 75.9% | — | 23.2% | — | 0.8% | — | 100% | — |
SEGMENTS v2025-09-09 · 2025-11-10 08:26 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | C N B U Rev | C N B U OI | C M B U Rev | C M B U OI | M C B U Rev | M C B U OI | C D B U Rev | C D B U OI | S B U Rev | S B U OI | M B U Rev | M B U OI | A E B U Rev | A E B U OI | E B U Rev | E B U OI | All Other Segments Rev | All Other Segments OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | – | – | 1.87B | -0.77B | 7.39B | -3.19B | 2.12B | -0.56B | – | – | – | – | 4.14B | 0.68B | – | – | 0.01B | 0.01B | 15.5B | -3.83B |
| 2024 | – | – | 3.79B | 0.24B | 11.7B | -0.00B | 4.98B | 0.26B | – | – | – | – | 4.63B | 0.43B | – | – | 0.04B | 0.02B | 25.1B | 0.95B |
| 2025 | – | – | 13.5B | 6.13B | 11.9B | 1.98B | 7.23B | 2.18B | – | – | – | – | 4.75B | 0.56B | – | – | 0.01B | -0.00B | 37.4B | 10.8B |
| TTM | 19.1B | 7.99B | 13.5B | 6.13B | 11.9B | 1.98B | 7.23B | 2.18B | 6.03B | 0.35B | 5.70B | 0.82B | 4.75B | 0.56B | 4.53B | 0.21B | 0.03B | 0.00B | 72.7B | 20.2B |
| % of Total (TTM) | 26.3% | — | 18.6% | — | 16.3% | — | 9.9% | — | 8.3% | — | 7.8% | — | 6.5% | — | 6.2% | — | 0.0% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $78,397M |
| 1 | Cash | $10,163M |
| 2 | Total Liabilities | $27,649M |
| 3 | Total Debt | $16,141M |
| 4 | Total Equity | $50,748M |
| 5 | Debt to Equity Ratio | 0.32 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $123.60 | 4.4% | Nicks Growth: 12% Nick's Expected Margin: 20% FINVIZ Growth: 106% |
Nicks: 21 Finviz: 11320 |
Nick's: 4.170 | 4.4 | 29.6 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $4.18 EPS | TTM | $87.16 | -29.5% | $47,316.48 | 38181.9% |
| $6.93 EPS | 2025 | $144.50 | 16.9% | $78,445.75 | 63367.4% |
| $10.80 EPS | 2026 | $225.19 | 82.2% | $122,253.12 | 98810.3% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 13.16% | 5.37% | 12.64% | 4.09% | 1.48% | 2.41% | 16.20% | 10.43% | 98.1% | 98.1% |
| 3 Years | 13.16% | 5.37% | 12.64% | 4.09% | 1.48% | 2.41% | 16.20% | 10.43% | 98.1% | 98.1% |
| 5 Years | 13.16% | 5.37% | 12.64% | 4.09% | 1.48% | 2.41% | 16.20% | 10.43% | 98.1% | 98.1% |
| 10 Years | 13.16% | 5.37% | 12.64% | 4.09% | 1.48% | 2.41% | 16.20% | 10.43% | 98.1% | 98.1% |