About Micron Technology, Inc.
Micron Technology, Inc. (MU) is a Technology company in the Semiconductors & Related Devices industry with a market capitalisation of $884.6B. The stock trades at 10.39x trailing earnings and yields 0.07%.
- Sector
- Technology
- Industry
- Semiconductors & Related Devices
- Market cap
- $884.6B
- P/E ratio
- 10.39
- EPS (TTM)
- $74.33
- Revenue (TTM)
- $133.2B
- Free cash flow
- $59B
- Profit margin
- 63.8%
- Dividend yield
- 0.07%
- Shares outstanding
- 1.1B
Financial health: Strong10/10
10 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: 61.4% (Strong, benchmark > 15%) — Earns 61.4% 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: 256.3% (Strong, benchmark > 10%) — Revenue changed 256.3% year on year, comfortably past the > 10% mark.
- Earnings growth: 895.1% (Strong, benchmark > 10%) — Earnings changed 895.1% year on year, comfortably past the > 10% mark.
- Payout ratio: 0.7% (Strong, benchmark < 60%) — Pays out 0.7% of earnings as dividends, leaving room to keep paying.