MU - Micron Technology, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$339.09
DETAILS
HIGH:
$450.00
LOW:
$190.00
MEDIAN:
$330.00
CONSENSUS:
$339.09
DOWNSIDE:
6.52%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 37,378.0 | 25,111.0 | 15,540.0 | 30,758.0 | 27,705.0 | 21,435.0 | 23,406.0 | 30,391.0 | 20,322.0 | 12,399.0 |
| Cost of Revenue | 22,505.0 | 19,498.0 | 16,956.0 | 16,860.0 | 17,282.0 | 14,883.0 | 12,704.0 | 12,500.0 | 11,886.0 | 9,894.0 |
| Gross Profit | 14,873.0 | 5,613.0 | (1,416.0) | 13,898.0 | 10,423.0 | 6,552.0 | 10,702.0 | 17,891.0 | 8,436.0 | 2,505.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 3,798.0 | 3,430.0 | 3,114.0 | 3,116.0 | 2,663.0 | 2,600.0 | 2,441.0 | 2,342.0 | 2,037.0 | 1,822.0 |
| SG&A Expenses | 1,205.0 | 1,129.0 | 920.0 | 1,066.0 | 894.0 | 881.0 | 836.0 | 813.0 | 730.0 | 656.0 |
| Other Expenses | 0.0 | (250.0) | 295.0 | 14.0 | 632.0 | 68.0 | 49.0 | (258.0) | (199.0) | (141.0) |
| Operating Expenses | 5,003.0 | 4,309.0 | 4,329.0 | 4,196.0 | 4,189.0 | 3,549.0 | 3,326.0 | 2,897.0 | 2,568.0 | 2,337.0 |
| Operating Income | ||||||||||
| Operating Income | 9,870.0 | 1,304.0 | (5,745.0) | 9,702.0 | 6,283.0 | 3,003.0 | 7,376.0 | 14,994.0 | 5,868.0 | 168.0 |
| Interest Expense | 477.0 | 562.0 | 388.0 | 189.0 | 183.0 | 194.0 | 128.0 | 342.0 | 601.0 | 437.0 |
| Interest Income | 496.0 | 529.0 | 468.0 | 96.0 | 37.0 | 114.0 | 205.0 | 120.0 | 41.0 | 42.0 |
| Profitability | ||||||||||
| EBITDA | 18,492.0 | 8,944.0 | 2,211.0 | 16,740.0 | 12,928.0 | 8,710.0 | 12,814.0 | 19,685.0 | 9,738.0 | 3,214.0 |
| EBIT | 10,140.0 | 1,246.0 | (5,459.0) | 9,709.0 | 6,796.0 | 3,060.0 | 7,390.0 | 14,926.0 | 5,877.0 | 234.0 |
| Income Before Tax | 9,663.0 | 1,229.0 | (5,656.0) | 9,575.0 | 6,255.0 | 2,990.0 | 7,051.0 | 14,306.0 | 5,204.0 | (256.0) |
| Income Tax Expense | 1,124.0 | 451.0 | 177.0 | 888.0 | 394.0 | 280.0 | 693.0 | 168.0 | 114.0 | 19.0 |
| Net Income | 8,539.0 | 778.0 | (5,833.0) | 8,687.0 | 5,861.0 | 2,687.0 | 6,313.0 | 14,135.0 | 5,089.0 | (276.0) |
| Per Share Data | ||||||||||
| EPS (Basic) | 7.65 | 0.70 | -5.34 | 7.81 | 5.23 | 2.42 | 5.67 | 11.51 | 4.67 | -0.27 |
| EPS (Diluted) | 7.59 | 0.70 | -5.34 | 7.74 | 5.14 | 2.37 | 5.52 | 11.50 | 4.41 | -0.27 |
| Shares Outstanding | 1,116.0 | 1,105.0 | 1,093.0 | 1,112.0 | 1,120.0 | 1,110.0 | 1,114.0 | 1,228.1 | 1,089.0 | 1,022.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 9,642.0 | 7,041.0 | 8,577.0 | 8,262.0 | 7,763.0 | 7,624.0 | 7,152.0 | 6,506.0 | 5,109.0 | 4,140.0 |
| Short-Term Investments | 665.0 | 1,065.0 | 1,017.0 | 1,069.0 | 870.0 | 518.0 | 803.0 | 296.0 | 319.0 | 258.0 |
| Net Receivables | 9,265.0 | 6,615.0 | 2,443.0 | 5,130.0 | 5,311.0 | 3,912.0 | 3,195.0 | 5,478.0 | 3,759.0 | 2,068.0 |
| Inventory | 8,355.0 | 8,875.0 | 8,387.0 | 6,663.0 | 4,487.0 | 5,607.0 | 5,118.0 | 3,595.0 | 3,123.0 | 2,889.0 |
| Other Current Assets | 914.0 | 776.0 | 820.0 | 657.0 | 1,476.0 | 304.0 | 235.0 | 164.0 | 147.0 | 140.0 |
| Total Current Assets | 28,841.0 | 24,372.0 | 21,244.0 | 21,781.0 | 19,907.0 | 17,965.0 | 16,503.0 | 16,039.0 | 12,457.0 | 9,495.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 47,326.0 | 40,394.0 | 38,594.0 | 39,227.0 | 33,764.0 | 31,615.0 | 28,240.0 | 23,672.0 | 19,431.0 | 14,686.0 |
| Goodwill | 1,150.0 | 1,150.0 | 1,150.0 | 1,228.0 | 1,228.0 | 1,228.0 | 1,228.0 | 1,228.0 | 1,228.0 | 104.0 |
| Intangible Assets | 453.0 | 416.0 | 404.0 | 421.0 | 349.0 | 334.0 | 340.0 | 331.0 | 387.0 | 464.0 |
| Long-Term Investments | 1,629.0 | 1,046.0 | 844.0 | 1,647.0 | 1,765.0 | 1,048.0 | 1,164.0 | 473.0 | 633.0 | 1,778.0 |
| Other Non-Current Assets | 2,783.0 | 1,518.0 | 1,262.0 | 1,277.0 | 1,054.0 | 781.0 | 575.0 | 611.0 | 434.0 | 356.0 |
| Total Non-Current Assets | 53,957.0 | 45,044.0 | 43,010.0 | 44,502.0 | 38,942.0 | 35,713.0 | 32,384.0 | 27,337.0 | 22,879.0 | 18,045.0 |
| Total Assets | 82,798.0 | 69,416.0 | 64,254.0 | 66,283.0 | 58,849.0 | 53,678.0 | 48,887.0 | 43,376.0 | 35,336.0 | 27,540.0 |
| Current Liabilities | ||||||||||
| Account Payables | 3,132.0 | 2,726.0 | 1,725.0 | 2,142.0 | 1,744.0 | 2,191.0 | 1,677.0 | 1,692.0 | 1,333.0 | 1,459.0 |
| Short-Term Debt | 634.0 | 106.0 | 106.0 | 0.0 | 1.0 | 194.0 | 1,087.0 | 549.0 | 905.0 | 376.0 |
| Deferred Revenue | 26.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 491.0 | 605.0 | 332.0 |
| Other Current Liabilities | 5,918.0 | 1,518.0 | 529.0 | 1,346.0 | 943.0 | 548.0 | 454.0 | 30.0 | 0.0 | 0.0 |
| Total Current Liabilities | 11,454.0 | 9,248.0 | 4,765.0 | 7,539.0 | 6,424.0 | 6,635.0 | 6,390.0 | 5,754.0 | 5,334.0 | 4,835.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 14,017.0 | 11,237.0 | 11,943.0 | 6,020.0 | 5,972.0 | 5,963.0 | 4,173.0 | 3,244.0 | 9,060.0 | 8,128.0 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 1,443.0 | 911.0 | 987.0 | 835.0 | 559.0 | 498.0 | 550.0 | 451.0 | 639.0 | 623.0 |
| Total Non-Current Liabilities | 17,179.0 | 15,037.0 | 15,369.0 | 8,837.0 | 8,492.0 | 8,047.0 | 5,727.0 | 4,458.0 | 10,532.0 | 9,777.0 |
| Total Liabilities | 28,633.0 | 24,285.0 | 20,134.0 | 16,376.0 | 14,916.0 | 14,682.0 | 12,117.0 | 10,212.0 | 15,866.0 | 14,612.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 127.0 | 125.0 | 124.0 | 123.0 | 122.0 | 119.0 | 118.0 | 117.0 | 112.0 | 109.0 |
| Retained Earnings | 48,583.0 | 40,877.0 | 40,824.0 | 47,274.0 | 39,051.0 | 33,384.0 | 30,761.0 | 24,395.0 | 10,260.0 | 5,299.0 |
| Accumulated Other Comprehensive Income | (32.0) | (134.0) | (312.0) | (560.0) | 2.0 | 71.0 | 9.0 | 10.0 | 29.0 | (35.0) |
| Total Stockholders' Equity | 54,165.0 | 45,131.0 | 44,120.0 | 49,907.0 | 43,933.0 | 38,996.0 | 35,881.0 | 32,294.0 | 18,621.0 | 12,080.0 |
| Total Liabilities & Equity | 82,798.0 | 69,416.0 | 64,254.0 | 66,283.0 | 58,849.0 | 53,678.0 | 48,887.0 | 43,376.0 | 35,336.0 | 27,540.0 |
| Debt Metrics | ||||||||||
| Total Debt | 15,278.0 | 14,007.0 | 13,933.0 | 7,516.0 | 7,281.0 | 7,176.0 | 5,851.0 | 4,639.0 | 11,155.0 | 9,910.0 |
| Net Debt | 5,636.0 | 6,966.0 | 5,356.0 | (746.0) | (482.0) | (448.0) | (1,301.0) | (1,867.0) | 6,046.0 | 5,770.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 8,539.0 | 778.0 | (5,833.0) | 8,687.0 | 5,861.0 | 2,710.0 | 6,358.0 | 14,138.0 | 5,090.0 | (275.0) |
| Depreciation & Amortization | 8,352.0 | 7,780.0 | 7,756.0 | 7,116.0 | 6,214.0 | 5,650.0 | 5,473.0 | 4,860.0 | 3,986.0 | 3,106.0 |
| Stock-Based Compensation | 972.0 | 833.0 | 596.0 | 514.0 | 378.0 | 328.0 | 243.0 | 198.0 | 215.0 | 191.0 |
| Change in Working Capital | (338.0) | (1,165.0) | (2,896.0) | (1,263.0) | (420.0) | (408.0) | 879.0 | (1,916.0) | (1,158.0) | 365.0 |
| Other Non-Cash Items | 0.0 | 281.0 | 4.0 | 127.0 | 434.0 | 66.0 | (111.0) | (164.0) | 125.0 | 115.0 |
| Operating Cash Flow | 17,525.0 | 8,507.0 | 1,559.0 | 15,181.0 | 12,468.0 | 8,306.0 | 13,189.0 | 17,400.0 | 8,153.0 | 3,168.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (15,857.0) | (8,386.0) | (7,676.0) | (12,067.0) | (10,030.0) | (8,223.0) | (9,855.0) | (9,085.0) | (5,253.0) | (5,863.0) |
| Acquisitions | 0.0 | 0.0 | 7,676.0 | 888.0 | 10,030.0 | (744.0) | 1,098.0 | (348.0) | (2,634.0) | 6.0 |
| Purchases of Investments | (1,890.0) | (1,999.0) | (723.0) | (1,770.0) | (3,163.0) | (1,857.0) | (4,218.0) | (945.0) | (1,513.0) | (1,178.0) |
| Sales/Maturities of Investments | 1,698.0 | 1,794.0 | 1,591.0 | 1,615.0 | 2,106.0 | 2,272.0 | 3,045.0 | 1,087.0 | 1,154.0 | 4,025.0 |
| Other Investing Activities | 1,962.0 | 282.0 | (7,059.0) | (251.0) | (9,532.0) | 963.0 | (155.0) | 1,075.0 | 709.0 | (58.0) |
| Investing Cash Flow | (14,087.0) | (8,309.0) | (6,191.0) | (11,585.0) | (10,589.0) | (7,589.0) | (10,085.0) | (8,216.0) | (7,537.0) | (3,068.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (189.0) | (898.0) | 5,955.0 | (32.0) | (332.0) | 634.0 | 210.0 | (9,185.0) | 753.0 | 2,094.0 |
| Stock Repurchased | 0.0 | (300.0) | (425.0) | (2,432.0) | (1,200.0) | (176.0) | (2,729.0) | (71.0) | (36.0) | (148.0) |
| Dividends Paid | (522.0) | (513.0) | (504.0) | (461.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Activities | (139.0) | (131.0) | (43.0) | 70.0 | (155.0) | (775.0) | 81.0 | 1,480.0 | (368.0) | (201.0) |
| Financing Cash Flow | (850.0) | (1,842.0) | 4,983.0 | (2,980.0) | (1,781.0) | (317.0) | (2,438.0) | (7,776.0) | 349.0 | 1,745.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 2,594.0 | (1,604.0) | 317.0 | 510.0 | 139.0 | 411.0 | 692.0 | 1,371.0 | 953.0 | 1,853.0 |
| Cash at Beginning | 7,052.0 | 8,656.0 | 8,339.0 | 7,829.0 | 7,690.0 | 7,279.0 | 6,587.0 | 5,216.0 | 4,263.0 | 2,287.0 |
| Cash at End | 9,646.0 | 7,052.0 | 8,656.0 | 8,339.0 | 7,829.0 | 7,690.0 | 7,279.0 | 6,587.0 | 5,216.0 | 4,140.0 |
| Free Cash Flow | 1,668.0 | 121.0 | (6,117.0) | 3,114.0 | 2,438.0 | 83.0 | 3,334.0 | 8,315.0 | 2,900.0 | (2,695.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 37,378.0 | 25,111.0 | 15,540.0 | 30,758.0 | 27,705.0 | 21,435.0 | 23,406.0 | 30,391.0 | 20,322.0 | 12,399.0 |
| Gross Profit | 14,873.0 | 5,613.0 | (1,416.0) | 13,898.0 | 10,423.0 | 6,552.0 | 10,702.0 | 17,891.0 | 8,436.0 | 2,505.0 |
| Operating Income | 9,870.0 | 1,304.0 | (5,745.0) | 9,702.0 | 6,283.0 | 3,003.0 | 7,376.0 | 14,994.0 | 5,868.0 | 168.0 |
| Net Income | 8,539.0 | 778.0 | (5,833.0) | 8,687.0 | 5,861.0 | 2,687.0 | 6,313.0 | 14,135.0 | 5,089.0 | (276.0) |
| EPS (Diluted) | 7.59 | 0.70 | -5.34 | 7.74 | 5.14 | 2.37 | 5.52 | 11.50 | 4.41 | -0.27 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 9,642.0 | 7,041.0 | 8,577.0 | 8,262.0 | 7,763.0 | 7,624.0 | 7,152.0 | 6,506.0 | 5,109.0 | 4,140.0 |
| Total Assets | 82,798.0 | 69,416.0 | 64,254.0 | 66,283.0 | 58,849.0 | 53,678.0 | 48,887.0 | 43,376.0 | 35,336.0 | 27,540.0 |
| Total Debt | 15,278.0 | 14,007.0 | 13,933.0 | 7,516.0 | 7,281.0 | 7,176.0 | 5,851.0 | 4,639.0 | 11,155.0 | 9,910.0 |
| Stockholders' Equity | 54,165.0 | 45,131.0 | 44,120.0 | 49,907.0 | 43,933.0 | 38,996.0 | 35,881.0 | 32,294.0 | 18,621.0 | 12,080.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 17,525.0 | 8,507.0 | 1,559.0 | 15,181.0 | 12,468.0 | 8,306.0 | 13,189.0 | 17,400.0 | 8,153.0 | 3,168.0 |
| Capital Expenditure | (15,857.0) | (8,386.0) | (7,676.0) | (12,067.0) | (10,030.0) | (8,223.0) | (9,855.0) | (9,085.0) | (5,253.0) | (5,863.0) |
| Free Cash Flow | 1,668.0 | 121.0 | (6,117.0) | 3,114.0 | 2,438.0 | 83.0 | 3,334.0 | 8,315.0 | 2,900.0 | (2,695.0) |