About Micron Technology, Inc.
Micron Technology, Inc. engages in the provision of semiconductor memory and storage products in the United States, Taiwan, Mainland China, other Asia Pacific countries, Japan, Europe, and internationally. It operates through Cloud Memory Business Unit, Core Data Center Business Unit, Mobile and Client Business Unit, and Automotive and Embedded Business Unit segments. The company provides dynamic random access memory (DRAM) products, including High-Bandwidth Memory, doublie data rate, low-power DRAM, and graphics DRAM products; NAND products comprising solid state drives, managed NAND, and multi-chip packages; and NOR products. The company sells its products under the Micron brand name and private labels through its own direct sales force, sales or representative offices, as well as through distributors, retailers, and independent sales representatives. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Micron Technology, Inc. (MU) is a Technology company in the Semiconductors industry with a market capitalisation of $992.9B. The stock trades at 11.81x trailing earnings and yields 0.07%.
- Sector
- Technology
- Industry
- Semiconductors
- Market cap
- $992.9B
- P/E ratio
- 11.81
- Forward P/E
- 4.24
- EPS (TTM)
- $74.33
- Revenue (TTM)
- $133.2B
- Free cash flow
- $29.1B
- Profit margin
- 63.8%
- Dividend yield
- 0.07%
- Beta
- 2.23
- Shares outstanding
- 1.1B
Financial health: Strong10/10
11 strengths, 0 concerns. No red flags against these benchmarks.
- Debt to equity: 0.02 (Strong, benchmark < 0.5) — Debt of 0.02x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($40.6B net cash).
- Current ratio: 3.31 (Strong, benchmark > 1.5) — Short-term assets cover 3.31x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 88.3% (Strong, benchmark > 15%) — Earns 88.3% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 80.7% (Strong, benchmark > 40%) — Keeps 80.7% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 63.8% (Strong, benchmark > 10%) — Turns 63.8% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $59.0B (Strong, benchmark positive) — Generated $59.0B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 379.3% (Strong, benchmark > 10%) — Revenue changed 379.3% year on year, comfortably past the > 10% mark.
- Earnings growth: 1059.5% (Strong, benchmark > 10%) — Earnings changed 1059.5% year on year, comfortably past the > 10% mark.
- PEG ratio: 0.16 (Strong, benchmark < 1) — At 0.16, the price looks cheap relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 0.7% (Strong, benchmark < 60%) — Pays out 0.7% of earnings as dividends, leaving room to keep paying.