MU
Micron Technology, Inc. (MU)
Last Price$90.5(3.3%)
Market Cap$104.8B
$29.1B
+79.8% YoY
$3,882.0M
N/A
$6,358.0M
Net Debt to FCF - 11.5x
$554.0M
1.9% margin

MU Income Statement

MU Income Statement Overview

Annual
Quarterly
LTM
Sep'15
Sep'16
Aug'17
Aug'18
Aug'19
Sep'20
Sep'21
Sep'22
Aug'23
Aug'24
$25.1B 61.6% YoY
$5,613.0M 0.0% YoY
22.4% margin
Cost of revenue
$19.5B 15.0% YoY
Operating income
$1,304.0M 0.0% YoY
5.2% margin
Other: $31.0M
Net interest: $33.0M
Operating expenses
$4,309.0M 3.6% YoY
Pre-tax income
$1,240.0M 0.0% YoY
4.9% margin
Net income
$778.0M 0.0% YoY
3.1% margin
Income tax
$451.0M
36.4% tax rate
R&D
$3,430.0M 10.1% YoY
13.7% of revenue
SG&A
$1,129.0M 22.7% YoY
4.5% of revenue

MU Income statement key metrics

Annual
Quarterly
LTM

Revenue

$25.1B +61.6% YoY

Net Income

$0.8B N/A

MU Balance Sheet

MU Balance Sheet Overview

Annual
Quarterly
LTM
Sep'15
Sep'16
Aug'17
Aug'18
Aug'19
Sep'20
Sep'21
Sep'22
Aug'23
Aug'24
Assets
Liabilities
Total assets
$69.4B
Current assets ($24.4B, 35.1% of total)
$8,106.0M (11.7%)
$6,615.0M (9.5%)
Other current assets
$9,651.0M (13.9%)
Non-current assets ($45.0B, 64.9% of total)
$1,046.0M (1.5%)
$416.0M (0.6%)
Other non-current assets
$3,188.0M (4.6%)
Financial position
$5,901.0M
$8,106.0M$14.0B
Cash & Short-term Investments
Total Debt

MU Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$69.4B +8.0% YoY

Liabilities

$24.3B +20.6% YoY

Shareholder's Equity

$45.1B +2.3% YoY

MU Cash Flow Statement

MU Cash Flow Statement Overview

Annual
Quarterly
LTM
Sep'15
Sep'16
Aug'17
Aug'18
Aug'19
Sep'20
Sep'21
Sep'22
Aug'23
Aug'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$8,656.0M$8,507.0M($8,309.0M)($1,842.0M)$40.0M$7,052.0M

MU Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$8,507.0M +445.7% YoY

Capital Expenditure (CAPEX)

($8,386.0M) +9.2% YoY

Free Cash Flow (FCF)

$121.0M N/A YoY

MU Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Sep'05Aug'06Oct'07Oct'08Sep'09Sep'10Sep'11Aug'12Aug'13Aug'14Sep'15Sep'16Aug'17Aug'18Aug'19Sep'20Sep'21Sep'22Aug'23Aug'24
% growth
4,880.2
10.8%
5,272.0
8.0%
5,688.0
7.9%
5,841.0
2.7%
4,803.0
(17.8%)
8,482.0
76.6%
8,788.0
3.6%
8,234.0
(6.3%)
9,073.0
10.2%
16,358.0
80.3%
16,192.0
(1.0%)
12,399.0
(23.4%)
20,322.0
63.9%
30,391.0
49.5%
23,406.0
(23.0%)
21,435.0
(8.4%)
27,705.0
29.3%
30,758.0
11.0%
15,540.0
(49.5%)
25,111.0
61.6%
Cost of Goods Sold (COGS)3,734.44,072.04,610.05,896.05,243.05,768.07,030.07,266.07,226.010,921.010,977.09,894.011,886.012,500.012,704.014,883.017,282.016,860.016,956.019,498.0
% margin
1,145.8
23.5%
1,200.0
22.8%
1,078.0
19.0%
(55.0)
(0.9%)
(440.0)
(9.2%)
2,714.0
32.0%
1,758.0
20.0%
968.0
11.8%
1,847.0
20.4%
5,437.0
33.2%
5,215.0
32.2%
2,505.0
20.2%
8,436.0
41.5%
17,891.0
58.9%
10,702.0
45.7%
6,552.0
30.6%
10,423.0
37.6%
13,898.0
45.2%
(1,416.0)
(9.1%)
5,613.0
22.4%
Operating Expenses929.7851.01,339.01,507.01,108.01,135.01,003.01,586.01,488.02,310.02,217.02,270.02,550.02,897.03,326.03,549.03,652.04,148.04,158.04,309.0
Research & Development Expenses (R&D)603.7656.0805.0680.0647.0624.0791.0918.0931.01,371.01,540.01,617.01,824.02,141.02,441.02,600.02,663.03,116.03,114.03,430.0
Selling, General & Administrative Expenses (SG&A)326.0460.0610.0455.0354.0528.0592.0620.0562.0707.0719.0659.0743.0813.0836.0881.0894.01,066.0920.01,129.0
217.5
4.5%
350.0
6.6%
(280.0)
(4.9%)
(1,595.0)
(27.3%)
(1,676.0)
(34.9%)
1,589.0
18.7%
755.0
8.6%
(618.0)
(7.5%)
236.0
2.6%
3,087.0
18.9%
2,998.0
18.5%
168.0
1.4%
5,868.0
28.9%
14,994.0
49.3%
7,376.0
31.5%
3,003.0
14.0%
6,283.0
22.7%
9,702.0
31.5%
(5,745.0)
(37.0%)
1,304.0
5.2%
Interest Income0.00.00.079.022.018.023.08.014.023.035.042.041.0120.0205.0114.037.096.0468.0529.0
Interest Expense0.00.00.082.0182.0178.0124.0171.0231.0352.0371.0437.0601.0342.0128.0194.0183.0189.0388.0562.0
Pre-tax Income198.6433.0(168.0)(1,611.0)(1,852.0)1,920.0551.0(754.0)1,285.02,733.02,609.0(281.0)5,196.014,307.07,048.02,983.06,218.09,571.0(5,658.0)1,240.0
% effective tax rate
10.6
5.3%
18.0
4.2%
30.0
(17.9%)
18.0
(1.1%)
1.0
(0.1%)
(19.0)
(1.0%)
203.0
36.8%
(17.0)
2.3%
8.0
0.6%
128.0
4.7%
157.0
6.0%
19.0
(6.8%)
114.0
2.2%
168.0
1.2%
693.0
9.8%
280.0
9.4%
394.0
6.3%
888.0
9.3%
177.0
(3.1%)
451.0
36.4%
% margin
188.0
3.9%
408.0
7.7%
(320.0)
(5.6%)
(1,619.0)
(27.7%)
(1,882.0)
(39.2%)
1,850.0
21.8%
167.0
1.9%
(1,032.0)
(12.5%)
1,190.0
13.1%
3,045.0
18.6%
2,899.0
17.9%
(276.0)
(2.2%)
5,089.0
25.0%
14,135.0
46.5%
6,313.0
27.0%
2,687.0
12.5%
5,861.0
21.2%
8,687.0
28.2%
(5,833.0)
(37.5%)
778.0
3.1%
EPS0.310.59(0.42)(2.10)(2.35)2.090.17(1.04)1.162.872.71(0.27)4.6711.515.672.425.237.81(5.34)0.70
Diluted EPS0.290.57(0.42)(2.10)(2.35)1.850.17(1.04)1.132.542.47(0.27)4.4111.505.522.375.147.74(5.34)0.70
% margin
1,510.0
30.9%
1,739.0
33.0%
1,391.0
24.5%
531.0
9.1%
516.0
10.7%
4,103.0
48.4%
2,780.0
31.6%
1,566.0
19.0%
3,320.0
36.6%
5,188.0
31.7%
5,647.0
34.9%
3,136.0
25.3%
9,658.0
47.5%
19,408.0
63.9%
12,600.0
53.8%
8,827.0
41.2%
12,615.0
45.5%
16,876.0
54.9%
2,486.0
16.0%
9,582.0
38.2%