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Micron Technology (MU)

Market Price (9/18/2025): $162.02 | Market Cap: $181.1 Bil
Sector: Information Technology | Industry: Semiconductors

Micron Technology (MU)

Market Price (9/18/2025): $162.02
Market Cap: $181.1 Bil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 58%		 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%		 
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22%		  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, CFO LTM is 15 Bil		  
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 58%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, CFO LTM is 15 Bil
3 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Market Valuation

 9/18/252024202320222021
Share Price CYE$162.02$83.97$84.79$49.31$91.20
Market Cap CYE ($ Bil)181.193.393.353.8102.1
Total Debt ($ Bil)16.114.013.97.57.3
Total Cash ($ Bil)10.88.19.69.38.6
Enterprise Value ($ Bil)186.5107.3107.261.3109.4
Valuation Ratios     
P/S TTM5.43.76.01.83.8
P/EBIT TTM22.651.6-17.75.716.3
P/E TTM29.1119.5-16.06.417.8
Sector Ratios     
P/S TTM (Sector)3.23.12.82.55.0
P/EBIT TTM (Sector)3.9-0.0-0.1-0.51.7
P/E TTM (Sector)-0.4-0.3-0.4-0.50.0
 9/18/2520242023
Share Price CYE$162.02$83.97$84.79
Market Cap CYE ($ Bil)181.193.393.3
Total Debt ($ Bil)16.114.013.9
Total Cash ($ Bil)10.88.19.6
Enterprise Value ($ Bil)186.5107.3107.2
Valuation Ratios   
P/S TTM5.43.76.0
P/EBIT TTM22.651.6-17.7
P/E TTM29.1119.5-16.0
Sector Ratios   
P/S TTM (Sector)3.23.12.8
P/EBIT TTM (Sector)3.9-0.0-0.1
P/E TTM (Sector)-0.4-0.3-0.4

Market Cap Chart

Business Description

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
MU Return40%24%-46%72%-1%91%199%
Peers Return18%34%-27%39%1%62%164%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TXN, ADI, STX, MCHP, WDC. See MU Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Interactive Breakdown

Micron Technology Interactive Breakdown Analysis

Better Bets than Micron Technology (MU)

 MUBetter Performance than MU
MetricValueIndustry (Semiconductors)
Rev Chg LTM58.2%NVDA (71.6%), ALAB (163.8%), CRDO (175.8%), SITM (65.1%), POET (302.5%)
Rev Chg 3Y Avg10.6%NVDA (92.0%), AVGO (24.0%), AMD (11.7%), MRVL (10.9%), MPWR (20.0%)
Op Mgn LTM22.4%NVDA (58.1%), AVGO (39.0%), QCOM (27.8%), TXN (34.9%), ADI (25.3%)
CFO/Rev LTM45.0%NVDA (46.6%), RMBS (45.4%), NVEC (54.2%)
FCF/Rev LTM5.6%NVDA (43.6%), AVGO (41.6%), AMD (13.7%), QCOM (26.9%), TXN (9.0%)
Total Yield3.8%QCOM (8.5%), TXN (6.1%), NXPI (5.7%), MPWR (4.7%), FSLR (5.6%)
 MUBetter Performance than MU
MetricValueAll Other Sectors
Rev Chg LTM58.2%HOOD (59.6%), COIN (75.2%), RDDT (70.0%), VG (62.2%), EQT (59.1%)
Rev Chg 3Y Avg10.6%AMZN (11.3%), META (13.0%), TSLA (12.9%), BRK-B (16.6%), JPM (13.5%)
Op Mgn LTM22.4%GOOGL (32.7%), META (42.9%), LLY (43.0%), V (66.5%), MA (58.0%)
CFO/Rev LTM45.0%META (56.4%), V (60.4%), MA (53.3%), RY (135.4%), APP (53.7%)
FCF/Rev LTM5.6%GOOGL (18.0%), META (30.7%), TSLA (6.0%), V (56.8%), MA (49.2%)
Total Yield3.8%GOOGL (4.1%), BRK-B (5.9%), JPM (6.5%), XOM (9.7%), JNJ (8.1%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Day 11 of Gains Streak for Micron Technology Stock with 35% Return (vs. 91% YTD) [9/17/2025]Notification 
2Micron Technology Earnings Notes  
3MU Jumps 17% In A Week: How Does It Stack Against Peers?  
4Day 10 of Gains Streak for Micron Technology Stock with 34% Return (vs. 89% YTD) [9/16/2025]Notification 
5Day 9 of Gains Streak for Micron Technology Stock with 33% Return (vs. 88% YTD) [9/15/2025]Notification 
6MU Leaps 14% In One Week, Wait For A Dip To Buy The StockBuy or Fear 
7Day 8 of Gains Streak for Micron Technology Stock with 33% Return (vs. 87% YTD) [9/12/2025]Notification 
8Day 7 of Gains Streak for Micron Technology Stock with 27% Return (vs. 79% YTD) [9/11/2025]Notification 
9Day 6 of Gains Streak for Micron Technology Stock with 18% Return (vs. 67% YTD) [9/10/2025]Notification 
10Day 5 of Gains Streak for Micron Technology Stock with 14% Return (vs. 61% YTD) [9/9/2025]Notification 
11ARTICLES  
12S&P 500 Stocks Trading At 52-Week High September 18th, 2025
13MU Stock Up 35% after 11-Day Win Streak September 18th, 2025
14Micron Stock To $300? September 17th, 2025
15MU Leaps 17% In One Week: Does It Lead the Pack? September 17th, 2025
16MU Stock Up 34% after 10-Day Win Streak September 17th, 2025
Title
0DASHBOARDS
1S&P 500 Stocks Trading At 52-Week High
2MU Stock Up 35% after 11-Day Win Streak
3Micron Stock To $300?
4MU Leaps 17% In One Week: Does It Lead the Pack?
5MU Stock Up 34% after 10-Day Win Streak
6ARTICLES
7Day 11 of Gains Streak for Micron Technology Stock with 35% Return (vs. 91% YTD) [9/17/2025]
8Micron Technology Earnings Notes
9MU Jumps 17% In A Week: How Does It Stack Against Peers?
10Day 10 of Gains Streak for Micron Technology Stock with 34% Return (vs. 89% YTD) [9/16/2025]
11Day 9 of Gains Streak for Micron Technology Stock with 33% Return (vs. 88% YTD) [9/15/2025]
12MU Leaps 14% In One Week, Wait For A Dip To Buy The Stock
13Day 8 of Gains Streak for Micron Technology Stock with 33% Return (vs. 87% YTD) [9/12/2025]
14Day 7 of Gains Streak for Micron Technology Stock with 27% Return (vs. 79% YTD) [9/11/2025]
15Day 6 of Gains Streak for Micron Technology Stock with 18% Return (vs. 67% YTD) [9/10/2025]
16Day 5 of Gains Streak for Micron Technology Stock with 14% Return (vs. 61% YTD) [9/9/2025]

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11931.7%11931.7%
2GIBOGIBO10714.0% 
3LNZALanzaTech Global8455.2%-86.3%
4GTIGraphjet Technology3998.4%-93.1%
5GWAVGreenwave Technology Solutions3582.8%-91.4%
6QMMMQMMM3409.6%8153.1%
7ECDAECD Automotive Design2715.2%307.9%
8OESXOrion Energy Systems1373.7%14.2%
9OPOceanPal1266.5%-95.6%
10BCTXBriaCell Therapeutics1032.4%-89.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-94.5%-96.0%
2STFSStar Fashion Culture-92.3%-97.9%
3ELPWElong Power-91.1%-76.9%
4NXTTNext Technology-90.1%-95.4%
5EPIXESSA Pharma-89.4%-8.9%
6NAKAKindly MD-88.1% 
7BINIBollinger Innovations-87.6%-100.0%
8JEM707 Cayman-87.4%-98.2%
9YAASYouxin Technology-83.3%-98.4%
10NEONNeonode-82.5%-51.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Micron Technology

Financials

MUTXNADISTXMCHPWDCMedian
NameMicron T.Texas In.Analog D.Seagate .Microchi.Western . 
Mkt Price159.99180.30246.32213.3665.78100.94170.15
Mkt Cap178.9163.7121.845.935.535.383.8
Rev LTM33,81316,67510,3879,0974,23613,27911,833
Op Inc LTM7,5805,8182,6301,9152082,8062,718
FCF LTM1,8811,5033,6788187261,2791,391
FCF 3Y Avg-1,4122,0603,4397032,018-2441,360
CFO LTM15,2006,4394,1621,0837971,6912,927
CFO 3Y Avg8,5466,7524,3109812,2823303,296

Growth & Margins

MUTXNADISTXMCHPWDCMedian
NameMicron T.Texas In.Analog D.Seagate .Microchi.Western . 
Rev Chg LTM58.2%3.6%7.1%38.9%-35.7%39.2%23.0%
Rev Chg 3Y Avg10.6%-4.9%-0.6%-3.0%-13.0%8.3%-1.8%
Rev Chg Q36.6%16.4%24.6%29.5%-13.4%30.0%27.0%
QoQ Delta Rev Chg LTM7.9%3.9%5.8%6.5%-3.8%4.7%5.3%
Op Mgn LTM22.4%34.9%25.3%21.1%4.9%21.1%21.8%
Op Mgn 3Y Avg0.3%39.5%27.5%9.4%23.8%3.7%16.6%
QoQ Delta Op Mgn LTM2.8%0.6%1.8%1.8%-3.6%2.4%1.8%
CFO/Rev LTM45.0%38.6%40.1%11.9%18.8%12.7%28.7%
CFO/Rev 3Y Avg32.7%39.3%39.5%12.9%32.1%1.0%32.4%
FCF/Rev LTM5.6%9.0%35.4%9.0%17.1%9.6%9.3%
FCF/Rev 3Y Avg-9.0%11.7%31.5%9.2%28.5%-6.1%10.5%

Valuation

MUTXNADISTXMCHPWDCMedian
NameMicron T.Texas In.Analog D.Seagate .Microchi.Western . 
Mkt Cap178.9163.7121.845.935.535.383.8
P/S5.39.811.75.08.42.76.8
P/EBIT22.326.545.925.0325.716.425.7
P/E28.732.562.231.2-239.018.930.0
P/CFO11.825.429.342.444.520.927.3
Total Yield3.8%6.1%3.2%4.5%0.3%5.3%4.1%
Dividend Yield0.3%3.0%1.6%1.3%0.7%0.0%1.0%
FCF Yield 3Y Avg-2.1%1.2%3.2%3.5%4.3%-2.5%2.2%
D/E0.10.10.10.10.20.10.1
Net D/E0.00.10.00.10.10.10.1

Returns

MUTXNADISTXMCHPWDCMedian
NameMicron T.Texas In.Analog D.Seagate .Microchi.Western . 
1M Rtn29.5%-7.2%6.8%34.4%0.3%32.5%18.1%
3M Rtn31.5%-8.4%7.7%62.5%-2.6%70.7%19.6%
6M Rtn57.1%0.8%18.3%141.2%22.3%125.5%39.7%
12M Rtn81.2%-7.8%11.2%114.9%-12.1%105.5%46.2%
3Y Rtn208.2%19.4%73.9%279.3%7.2%263.8%141.1%
1M Excs Rtn27.1%-9.6%4.5%32.1%-2.0%30.1%15.8%
3M Excs Rtn22.7%-18.5%-1.6%53.6%-12.5%62.2%10.6%
6M Excs Rtn40.1%-15.5%1.2%126.4%5.6%110.8%22.8%
12M Excs Rtn58.9%-24.4%-6.2%97.4%-30.1%90.9%26.4%
3Y Excs Rtn120.5%-44.9%6.3%185.3%-56.1%152.4%63.4%

Comparison Analyses

Title
0MU or STX - With 2.7% Return Forecast, STX Probably Deserves Your Money
1Micron Technology vs. Western Digital: With Return Forecast Of 71%, Micron Technology Is A Better Bet
2MU or TXN - With 5.5% Return Forecast, TXN Probably Deserves Your Money
3Micron Technology vs. Applied Materials: With Return Forecast Of 70%, Micron Technology Is A Better Bet
4Micron Technology vs. Thermo Fisher Scientific: With Return Forecast Of 80%, Micron Technology Is A Better Bet
5Micron Technology vs. NVIDIA: With Return Forecast Of 80%, Micron Technology Is A Better Bet
6Micron Technology vs. Tesla: With Return Forecast Of 80%, Micron Technology Is A Better Bet
7Micron Technology vs. Eli Lilly and Company: With Return Forecast Of 67%, Micron Technology Is A Better Bet
8Micron Technology vs. LIN Media: With Return Forecast Of 67%, Micron Technology Is A Better Bet
9Micron Technology vs. PayPal: With Return Forecast Of 75%, Micron Technology Is A Better Bet

Financials

$ Mil | FY: 8/292025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q4
Period End5/29/20252/27/202511/28/20248/29/20245/30/20242/29/202411/30/20238/31/20236/1/20233/2/202312/1/20229/1/2022
Filing Date6/26/20253/21/202512/19/202410/4/20246/27/20243/21/202412/21/202310/6/20236/29/20233/29/202312/22/202210/7/2022
Key Financials Quarterly            
Total Revenue9,3018,0538,7097,7506,8115,8244,7264,0103,7523,6934,0856,643
Ebitda4,3303,9494,3003,6322,8202,238892608322-2401,7963,480
Operating Income2,1691,7732,1741,464719191-1,128-1,375-1,649-2,226-1961,501
Net Income1,8851,5831,870887332793-1,234-1,430-1,896-2,312-1951,492
EPS1.691.421.680.800.300.72-1.12-1.31-1.73-2.12-0.181.36
Key Financials TTM            
Total Revenue TTM33,81331,32329,09425,11121,37118,31216,18115,54018,17323,06327,15630,758
Ebitda TTM16,21114,70112,9909,5826,5584,0601,5822,4865,3589,88914,43516,876
Operating Income TTM7,5806,1304,5481,246-1,593-3,961-6,378-5,446-2,5702,0786,8559,720
Net Income TTM6,2254,6723,882778-1,539-3,767-6,872-5,833-2,9111,6116,1868,687
Growth Rates Quarterly            
Total Revenue Growth36.6%38.3%84.3%93.3%81.5%57.7%15.7%-39.6%-56.6%-52.6%-46.9%-19.7%
EBITDA Growth53.5%76.5%382.1%497.4%775.8%1032.5%-50.3%-82.5%-93.4%-105.6%-57.6%-24.4%
Operating Income Growth201.7%828.3%292.7%206.5%143.6%108.6%-475.5%-191.6%-155.0%-187.3%-107.3%-49.2%
Net Income Growth467.8%99.6%251.5%162.0%117.5%134.3%-532.8%-195.8%-172.2%-202.2%-108.5%-45.1%
Margins Quarterly            
EBITDA Margin46.6%49.0%49.4%46.9%41.4%38.4%18.9%15.2%8.6%-6.5%44.0%52.4%
Operating Income Margin23.3%22.0%25.0%18.9%10.6%3.3%-23.9%-34.3%-43.9%-60.3%-4.8%22.6%
Net Income Margin20.3%19.7%21.5%11.4%4.9%13.6%-26.1%-35.7%-50.5%-62.6%-4.8%22.5%
Cash & Debt            
Total Cash10,8118,2157,5888,1068,3799,0069,0489,59410,35210,81810,5819,331
Total Debt16,14114,95414,37314,00713,86714,31514,10613,93313,84812,88410,8907,516
Net Debt / (Cash)5,3306,7396,7855,9015,4885,3095,0584,3393,4962,066309-1,815
Cash Flows Quarterly            
FCF from Operations4,6093,9423,2443,4052,4821,2191,401249243439433,777
Cash Flows TTM            
FCF from Operations TTM15,20013,07310,3508,5075,3512,8932,0171,5595,0878,90112,18615,181
Returns to Shareholders Quarterly            
Dividends131130131129128127129126126126126126
Share Repurchases-0-0-0300-0-0-0-0-0-0425784
Return on Invested Capital (ROIC) Quarterly            
ROIC144.7%94.6%111.3%58.3%24.8%14.4%-89.2%-124.7%-188.7%-431.0%-253.7%-
Return on Invested Capital (ROIC) TTM            
ROIC TTM117.3%69.3%57.3%13.4%-25.7%-66.9%-126.1%-125.5%-73.5%77.7%2000.0%-

Price Behavior

MU Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta2.131.541.351.982.051.75
Up Beta1.532.692.681.991.941.68
Down Beta3.413.922.542.672.461.91
Up Capture242%3%99%184%313%853%
Bmk +ve Days10223571142415
Stock +ve Days12233770133381
Down Capture149%35%-42%123%140%108%
Bmk -ve Days11192754106334
Stock -ve Days9192656116370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity32,263,302
Short Interest: % Change Since 81520251.3%
Average Daily Volume14,898,084
Days-to-Cover Short Interest2.17
Basic Shares Quantity1,118,000,000
Short % of Basic Shares2.9%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/25/2025-1.0%-4.3%-12.5%
3/20/2025-8.0%-11.5%-35.1%
12/18/2024-16.2%-13.6%5.3%
9/25/202414.7%4.3%11.7%
6/26/2024-7.1%-3.9%-23.1%
3/20/202414.1%23.9%11.0%
12/20/20238.6%9.3%11.4%
9/27/2023-4.4%-0.1%-5.2%
...
SUMMARY STATS   
# Positive10914
# Negative13149
Median Positive6.3%8.0%7.3%
Median Negative-4.4%-6.4%-8.7%
Max Positive14.7%23.9%19.9%
Max Negative-16.2%-13.6%-35.1%

SEC Filings

Expand for More

Report DateFiling DateFiling
5312025626202510-Q 5/29/2025
2282025321202510-Q 2/27/2025
113020241219202410-Q 11/28/2024
83120241004202410-K 8/29/2024
5312024627202410-Q 5/30/2024
2292024321202410-Q 2/29/2024
113020231221202310-Q 11/30/2023
83120231006202310-K 8/31/2023
5312023629202310-Q 6/1/2023
2282023329202310-Q 3/2/2023
113020221222202210-Q 12/1/2022
83120221007202210-K 9/1/2022
5312022701202210-Q 6/2/2022
2282022330202210-Q 3/3/2022
11302021106202210-Q 12/2/2021
83120211008202110-K 9/2/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Murphy Mark J.EVP & Chief Financial Officer7242025Sell108.7616,0991,750,92730,663,468Form
1McCarthy Mary Pat7032025Sell120.3870084,2662,919,697Form
2BHATIA MANISH HEVP, Global Operations7022025Sell123.1680,0009,852,80033,877,252Form
3Deboer Scott JEVP, CTO and Products Officer6262025Sell125.1120,0002,502,20020,812,424Form
4ARNZEN APRIL SEVP and Chief People Officer6262025Sell125.1215,0001,876,80018,538,655Form

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