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Micron Technology MU
$ 971.66 2.3%
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Quarterly report 2026-Q2
added 05-16-2026

Micron Technology Financial Ratios 2025-2008 | MU

Brief overview of Micron Technology's multiples and efficiency

Ratios are assessed across five available annual reports in the 2020–2025 interval.

The current valuation set is P/E 24.55x (median 24.55x), EV/EBITDA 12.62x (median 12.62x), P/S 5.61x (median 4.5x). Current valuation broadly matches recent historical reference points; the difference from five-year medians is 0%.

The inverse P/E implies an earnings yield of 4.1%. This is not a dividend yield, but current earnings relative to market price.

The latest available business-quality ratios are ROE 15.8%, ROA 10.3%, ROCE 18%. Returns on capital and assets point to efficient economics and a strong internal source of growth.

Current PEG is 0.28x; the market pays comparatively little per unit of expected growth.

The cash cycle lengthened by 44 days to 169.8 days. Operations require more funding.

What the ratios show

Micron Technology's profile looks neutral, with price and fundamental efficiency broadly aligned.

Annual Financial Ratios Micron Technology

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

P/E

24.5 145.2 -13.1 6.8 17.0 37.6 7.6 3.7 8.4 -66.7 5.9 11.8 15.1 -5.7 29.8 49.6 20.9 -

P/S

5.6 4.5 4.9 1.9 3.6 4.7 2.1 1.7 2.1 1.5 1.1 2.2 2.0 0.7 0.6 - - -

EPS

7.7 0.7 -5.3 7.8 5.2 2.4 5.7 12.3 4.7 -0.3 2.7 2.9 1.2 -1.0 0.2 0.2 0.2 -

EV (Enterprise Value)

229 B 130 B 87.9 B 66.9 B 107 B 108 B 54 B 56.7 B 53.6 B 29.7 B 26.6 B 43.4 B 25.1 B 10.1 B 9.1 B 9.65 B 2.77 B -1.24 B

EBITDA per Share

16.2 8.22 1.84 15.1 11.2 7.8 11.1 16.8 8.93 3.03 5.25 4.89 3.47 1.54 2.89 2.61 2.89 -

EV/EBITDA

12.6 14.3 43.7 4.0 8.5 5.9 3.7 2.5 4.9 7.5 3.7 7.1 5.5 4.3 1.6 4.2 1.2 -

PEG

0.28 2.36 0.9 0.33 0.32 1.06 -0.14 0.02 -0.0 0.61 -1.03 0.08 -0.07 0.01 -0.32 - - -

P/B

3.9 2.5 1.7 1.2 2.3 2.6 1.3 1.6 2.3 1.5 1.4 3.3 2.0 0.8 0.6 0.8 - -

P/CF

12.0 13.3 49.0 3.9 8.0 12.2 14.1 6.1 12.5 -7.0 14.3 11.8 31.7 14.3 -75.4 2.5 3.5 -

ROE %

15.76 1.72 -13.22 17.41 13.34 6.89 17.59 43.77 27.33 -2.28 23.57 28.27 13.02 -13.40 1.97 1.93 2.94 -

ROA %

10.31 1.12 -9.08 13.11 9.96 5.01 12.91 32.59 14.40 -1.00 12.01 13.53 6.22 -7.20 1.13 1.05 - -

ROCE %

18.04 2.89 -13.02 19.44 14.30 7.70 16.42 38.83 19.55 0.72 14.58 17.43 11.59 -5.11 6.15 4.86 2.90 -

Current Ratio

2.9 2.9 3.2 4.0 3.9 3.7 2.6 2.8 2.3 2.0 2.2 2.1 2.2 2.6 2.4 3.0 - -

DSO

77.5 65.8 88.9 62.0 60.8 60.5 49.8 65.8 67.5 60.9 56.5 64.8 93.6 57.1 62.2 - - -

DIO

139.7 161.6 162.0 120.7 106.6 131.5 147.0 105.0 95.9 106.6 77.8 82.1 133.8 91.0 108.0 56.0 - -

DPO

47.5 41.7 41.6 42.1 41.6 47.4 48.2 49.4 40.9 43.8 33.9 37.4 52.9 41.1 61.6 25.3 - -

Operating Cycle

217.3 227.4 250.9 182.6 167.3 192.0 196.8 170.8 163.4 167.5 134.3 146.9 227.4 148.2 170.2 56.0 - -

Cash Conversion Cycle

169.8 185.7 209.3 140.6 125.8 144.6 148.7 121.4 122.5 123.7 100.4 109.5 174.4 107.1 108.5 30.7 - -

All numbers in USD currency

Quarterly Financial Ratios Micron Technology

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q1

EPS

12.25 4.66 1.69 1.42 1.68 0.3 0.3 0.72 -1.12 - -1.73 -2.12 -0.18 6.44 2.36 2.02 2.06 2.81 1.55 0.54 0.72 0.89 0.72 0.72 0.44 0.51 0.76 0.44 2.91 3.73 3.3 2.91 2.36 2.13 1.49 2.36 0.17 -0.16 -0.21 0.17 0.2 0.44 0.46 0.2 0.94 1.08 0.76 0.94 0.34 1.65 0.04 0.34 -0.27 -0.24 -0.32 -0.27 -0.19 -0.14 0.07 -0.19 0.24

EBITDA per Share

16.4 7.42 7.49 5.28 3.78 5.88 - - 0.72 - - - 1.57 12.3 2.7 2.28 3.84 7.08 4.31 0.59 2.11 4.72 3.19 2.11 1.64 4.17 3.31 1.64 4.5 6.83 5.34 4.5 3.69 4.9 3.38 3.59 1.06 2.08 0.67 1.06 0.91 2.14 1.19 0.91 1.59 2.16 1.26 1.59 0.97 1.47 0.56 0.97 0.36 1.53 0.96 0.28 0.5 1.52 1.24 0.49 0.82

ROE %

34.90 19.88 11.72 8.75 7.31 0.43 -4.49 -10.14 -12.34 -9.46 4.95 14.46 24.08 29.50 22.23 21.01 17.76 14.75 9.66 7.57 8.10 7.43 6.93 7.26 6.62 15.00 26.82 36.32 45.15 47.32 46.64 43.65 47.83 37.40 23.28 12.66 -0.24 -0.02 5.21 10.98 11.17 18.08 24.94 28.43 36.07 31.37 39.36 32.35 26.95 19.39 -2.45 -7.08 -14.57 -13.14 -11.58 -6.54 -5.18 1.01 0.89 -2.21 3.93

ROA %

24.25 13.28 7.69 5.79 4.83 0.27 -3.11 -7.09 -8.58 -6.65 4.21 11.11 18.14 22.19 16.68 15.60 13.08 10.81 6.96 5.51 5.98 5.48 5.13 5.35 4.86 11.25 20.08 27.17 33.76 33.58 30.31 26.15 26.14 19.59 12.27 6.83 -0.10 0.10 2.67 5.48 5.68 9.29 12.47 14.02 17.62 14.98 18.78 15.43 12.84 9.08 -1.55 -4.01 -7.80 -7.16 -6.38 -3.64 -2.99 0.07 0.51 -1.27 1.74

ROCE %

40.62 23.00 14.19 11.54 8.33 1.06 -4.45 -10.95 -11.81 -9.18 7.22 17.19 27.39 33.54 24.72 22.88 19.19 15.63 11.02 8.99 9.53 8.78 7.63 8.22 7.49 17.17 28.91 38.34 48.53 51.18 51.07 49.37 54.36 43.52 29.82 19.06 5.40 4.37 8.11 13.46 12.37 19.78 24.00 26.66 34.85 31.53 26.10 19.94 15.90 8.62 4.42 0.35 -7.71 -7.27 -5.94 -0.70 0.37 5.10 2.80 -0.97 3.87

Current Ratio

3.5 3.2 2.8 3.0 2.9 3.0 3.0 3.0 3.0 3.2 3.2 3.5 3.7 4.0 4.1 4.0 4.0 4.0 4.0 4.0 3.9 3.7 3.7 3.7 3.8 4.1 4.1 4.1 4.6 4.3 4.3 4.3 2.7 2.2 2.2 2.2 1.9 1.9 1.9 1.9 2.2 2.2 2.2 2.2 2.3 2.1 2.1 2.1 2.0 2.1 2.1 2.1 2.4 2.4 2.4 2.4 3.2 3.0 3.0 3.0 2.5

DSO

52.6 58.9 68.4 78.9 65.8 68.7 63.1 56.7 52.0 - 57.2 69.1 94.3 473.7 61.3 62.3 208.9 24.9 65.3 65.9 60.1 58.9 65.6 57.9 58.7 59.9 60.9 76.4 63.5 60.5 65.4 58.8 51.2 55.9 61.6 61.0 52.0 58.7 65.1 49.3 64.4 63.5 59.4 70.4 55.6 62.7 66.6 57.3 58.3 74.8 91.7 39.1 60.4 59.9 54.1 66.5 62.9 63.8 63.9 56.5 -

DIO

123.1 128.8 139.7 158.8 146.5 156.0 155.4 160.8 159.7 - 168.9 153.6 214.7 43.7 109.1 113.3 103.1 31.7 95.3 99.5 123.1 45.0 136.3 119.2 121.5 50.6 157.8 108.6 103.3 35.6 106.6 93.4 93.8 32.2 96.4 87.7 87.0 36.3 109.8 82.1 87.1 25.6 80.5 87.3 76.2 27.7 85.7 76.4 84.4 47.5 137.2 74.0 102.8 29.9 85.3 110.3 106.8 36.4 114.3 79.7 -

DPO

49.4 45.5 40.5 44.0 38.0 35.8 35.4 34.9 33.0 - 34.4 32.4 56.2 14.8 39.0 42.4 40.3 12.3 37.0 33.8 43.5 18.4 54.4 46.0 42.9 16.6 51.7 40.6 46.7 16.8 50.2 40.1 38.0 13.7 41.1 39.4 38.4 14.9 45.1 33.9 37.1 11.2 35.1 36.1 30.4 11.2 34.8 33.6 36.5 18.8 54.3 30.9 46.4 13.5 38.5 46.2 51.2 20.8 65.2 30.3 -

Operating Cycle

- - - - - - 218.5 217.5 211.7 - 226.2 222.7 309.1 517.4 170.4 175.7 312.0 56.6 160.6 165.4 183.2 103.9 202.0 177.2 180.2 110.5 218.7 185.0 166.8 96.0 172.0 152.1 145.0 88.0 158.0 148.7 138.9 95.0 175.0 131.4 151.5 89.1 139.9 157.8 131.8 90.5 152.3 133.7 142.7 122.2 228.9 113.2 163.2 89.9 139.5 176.8 169.6 100.2 178.1 - -

Cash Conversion Cycle

- - - - - - 183.1 182.5 178.7 - 191.8 190.3 252.9 502.6 131.3 133.2 271.8 44.3 123.6 131.6 139.7 85.6 147.6 131.2 137.2 93.9 167.0 144.4 120.1 79.3 121.8 112.0 107.0 74.3 116.9 109.3 100.5 80.1 129.9 97.5 114.4 78.0 104.8 121.6 101.4 79.2 117.5 100.1 106.1 103.5 174.6 82.2 116.8 76.3 101.0 130.6 118.4 79.5 112.9 - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Micron Technology, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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