About Micron Technology, Inc.
Micron Technology, Inc. (MU) is a Technology company in the Semiconductors & Related Devices industry with a market capitalisation of $1.1T. The stock trades at 21.12x trailing earnings and yields 0.06%.
- Sector
- Technology
- Industry
- Semiconductors & Related Devices
- Market cap
- $1.1T
- P/E ratio
- 21.12
- EPS (TTM)
- $7.59
- Revenue (TTM)
- $37.4B
- Free cash flow
- $1.7B
- Profit margin
- 22.8%
- Dividend yield
- 0.06%
- Shares outstanding
- 1.1B
Financial health: Strong9.5/10
9 strengths, 0 concerns. No red flags against these benchmarks.
- Debt to equity: 0.21 (Strong, benchmark < 0.5) — Debt of 0.21x equity is conservative against the 0.5x benchmark. It has deteriorated over the last 4 years.
- Net debt vs cash flow: 0.7y (Strong, benchmark < 4 years) — Net debt of $1.2B is 0.7x annual free cash flow — under a year of cash flow to repay.
- Current ratio: 2.52 (Strong, benchmark > 1.5) — Short-term assets cover 2.52x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 15.8% (Strong, benchmark > 15%) — Earns 15.8% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 39.8% (Watch, benchmark > 40%) — Keeps 39.8% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: 22.8% (Strong, benchmark > 10%) — Turns 22.8% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $1.7B (Strong, benchmark positive) — Generated $1.7B of free cash flow after capital spending. It has deteriorated over the last 4 years.
- Revenue growth: 48.9% (Strong, benchmark > 10%) — Revenue changed 48.9% year on year, comfortably past the > 10% mark.
- Earnings growth: 997.6% (Strong, benchmark > 10%) — Earnings changed 997.6% year on year, comfortably past the > 10% mark.
- Payout ratio: 6.1% (Strong, benchmark < 60%) — Pays out 6.1% of earnings as dividends, leaving room to keep paying.