Friday 16 October 2026
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Micron Technology, Inc.
Micron Technology, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $133.2 billion, up 256.3% from fiscal 2025. In the quarter to August 2026, revenue grew 379.3%, EPS grew 1,066.4%, free cash flow grew 45,543.1% and total debt fell 64.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.
898.26
32.98
−3.54%
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| Aug '26 | Aug '25 | Aug '24 | Aug '23 | Aug '22 | Aug '21 | Aug '20 | Aug '19 | Aug '18 | Aug '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
8 | 7 | 7 | 4 | 7 | 8 | 5 | 4 | 8 | 8 |
P/E ratio |
12.73 | 15.49 | 126.54 | 0.00 | 7.25 | 14.09 | 18.81 | 7.99 | 4.29 | 6.95 |
P/S ratio |
8.11 | 3.54 | 3.90 | 4.92 | 2.04 | 2.98 | 2.36 | 2.14 | 1.99 | 1.71 |
Altman Z-Score |
14.96 | 4.70 | 4.14 | 3.42 | 4.51 | 5.35 | 3.77 | 4.60 | 6.47 | 3.09 |
Altman Z″-Score (non-manufacturers) |
10.26 | 6.07 | 5.43 | 5.45 | 7.92 | 7.48 | 6.58 | 7.61 | 9.12 | 4.67 |
P/FCF ratio |
18.32 | 79.27 | 808.93 | 0.00 | 15.71 | 33.86 | 608.63 | 14.70 | 7.10 | 10.18 |
Beneish M-Score |
0.34 | (2.70) | (2.59) | — | (3.08) | (2.69) | (2.51) | (3.47) | (2.42) | (2.46) |
P/Operating CF |
24.57 | 23.08 | 28.75 | 307.01 | 16.64 | 21.25 | 22.24 | 22.44 | 11.74 | 10.87 |
Dividend Safety Score |
82 | 78 | — | — | — | — | — | — | — | — |
P/B ratio |
7.81 | 2.44 | 2.17 | 1.73 | 1.26 | 1.88 | 1.30 | 1.36 | 1.82 | 1.79 |
Price to Tangible BV |
7.87 | 2.52 | 2.25 | 1.80 | 1.30 | 1.95 | 1.35 | 1.42 | 1.91 | 1.95 |
EV/Sales |
7.83 | 3.65 | 4.11 | 5.16 | 1.96 | 2.91 | 2.29 | 2.05 | 1.92 | 2.00 |
EV/EBITDA |
9.58 | 7.53 | 11.36 | 37.96 | 3.59 | 6.46 | 5.66 | 3.74 | 2.94 | 4.11 |
EV/Operating CF |
11.62 | 7.79 | 12.13 | 51.43 | 3.98 | 6.47 | 5.90 | 3.64 | 3.35 | 4.97 |
EV/FCF |
17.68 | 81.83 | 852.66 | (13.11) | 15.10 | 33.10 | 590.57 | 14.08 | 6.85 | 11.86 |
Quick Ratio |
2.90 | 1.71 | 1.59 | 2.53 | 1.92 | 2.17 | 1.82 | 1.74 | 2.13 | 1.72 |
Current Ratio |
3.31 | 2.52 | 2.64 | 4.46 | 2.89 | 3.10 | 2.71 | 2.58 | 2.79 | 2.34 |
Net Debt/EBITDA |
(0.35) | 0.24 | 0.58 | 1.77 | (0.14) | (0.15) | (0.17) | (0.16) | (0.11) | 0.58 |
Debt/Assets |
2.64% | 17.61% | 19.30% | 20.75% | 10.42% | 11.51% | 12.38% | 11.97% | 10.69% | 31.57% |
Debt/Equity |
0.04 | 0.27 | 0.30 | 0.30 | 0.14 | 0.15 | 0.17 | 0.16 | 0.14 | 0.57 |
Asset Turnover |
0.96 | 0.49 | 0.38 | 0.24 | 0.49 | 0.49 | 0.42 | 0.51 | 0.77 | 0.65 |
Operating CF/Net income |
1.06 | 2.05 | 10.93 | (0.27) | 1.75 | 2.13 | 3.09 | 2.09 | 1.23 | 1.60 |
Capex/Depreciation |
(3.23) | (1.90) | (1.08) | (0.98) | (1.57) | (1.61) | (1.46) | (1.79) | (1.83) | (1.19) |
Interest Coverage |
937.17 | 20.48 | 2.32 | (14.81) | 51.33 | 34.33 | 15.48 | 57.63 | 43.84 | 9.76 |
| 88.26% | 17.20% | 1.74% | (12.41%) | 18.51% | 14.13% | 7.09% | 18.05% | 53.71% | 31.42% | |
| 60.98% | 11.22% | 1.16% | (8.94%) | 13.88% | 10.42% | 5.24% | 13.68% | 35.92% | 16.19% | |
ROIC |
62.01% | 10.45% | 1.62% | (7.50%) | 12.77% | 9.33% | 5.01% | 13.30% | 30.23% | 14.56% |
Return on Tangible Assets |
66.96% | 13.35% | 1.42% | (10.72%) | 16.46% | 12.55% | 6.34% | 16.46% | 41.63% | 19.16% |
Average Days of Receivables |
99.20 | 90.47 | 96.15 | 57.38 | 60.88 | 69.97 | 66.61 | 49.82 | 65.79 | 67.51 |
Research and Development Expense of Revenue |
4.24% | 10.16% | 13.66% | 20.04% | 10.13% | 9.61% | 12.13% | 10.43% | 7.04% | 8.98% |
Selling, General and Administrative Expense of Revenue |
1.46% | 3.22% | 4.50% | 5.92% | 3.47% | 3.23% | 4.11% | 3.57% | 2.68% | 3.66% |
Intangible Assets out of Total Assets |
0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 |
Share Based Compensation of Revenue |
1.00% | 2.60% | 3.32% | 3.84% | 1.67% | 1.36% | 1.53% | 1.04% | 0.65% | 1.06% |
Graham Net Nets |
0.03 | 0.00 | 0.00 | 0.01 | 0.09 | 0.06 | 0.07 | 0.09 | 0.10 | (0.10) |
Graham Number |
456.10 | 91.40 | 25.36 | 0.00 | 88.75 | 67.94 | 43.74 | 64.66 | 89.08 | 43.02 |
Earnings Yield |
7.85% | 6.46% | 0.79% | (7.64%) | 13.80% | 7.10% | 5.32% | 12.51% | 23.32% | 14.39% |
Free Cash Flow Yield |
5.46% | 1.26% | 0.12% | (8.00%) | 6.37% | 2.95% | 0.16% | 6.80% | 14.08% | 9.82% |
Revenue per Share |
118.18 | 33.49 | 22.72 | 14.22 | 27.66 | 24.74 | 19.31 | 21.01 | 26.38 | 18.66 |
Operating CF per Share |
79.57 | 15.70 | 7.70 | 1.43 | 13.65 | 11.13 | 7.48 | 11.84 | 15.10 | 7.49 |
Capex per Share |
(27.25) | (14.21) | (7.59) | (7.02) | (10.05) | (8.96) | (7.41) | (8.78) | (7.71) | (4.35) |
Free Cash Flow per Share |
52.32 | 1.49 | 0.11 | (5.60) | 3.60 | 2.18 | 0.07 | 3.06 | 7.40 | 3.14 |
Cash per Share |
38.54 | 9.24 | 7.34 | 8.78 | 8.39 | 7.71 | 7.34 | 7.14 | 5.90 | 4.98 |
Shareholders Equity per Share |
122.78 | 48.53 | 40.84 | 40.37 | 44.88 | 39.23 | 35.13 | 33.01 | 28.79 | 17.88 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
122.78 | 48.53 | 40.84 | 40.37 | 44.88 | 39.23 | 35.13 | 33.01 | 28.79 | 17.88 |
Free Cash Flow |
58,963.00 | 1,668.00 | 121.00 | (6,117.00) | 4,002.00 | 2,438.00 | 83.00 | 3,409.00 | 8,521.00 | 3,419.00 |
Working Capital |
63,588.00 | 17,387.00 | 15,124.00 | 16,479.00 | 14,242.00 | 13,483.00 | 11,330.00 | 10,113.00 | 10,285.00 | 7,123.00 |
Capital Expenditures |
(30,712.00) | (15,857.00) | (8,386.00) | (7,676.00) | (11,179.00) | (10,030.00) | (8,223.00) | (9,780.00) | (8,879.00) | (4,734.00) |
Net Current Asset Value |
33,560.00 | 208.00 | 87.00 | 1,110.00 | 5,405.00 | 4,991.00 | 3,283.00 | 4,386.00 | 5,827.00 | (3,409.00) |
EV/EBIT |
10.49 | 13.97 | 79.12 | 0.00 | 6.23 | 12.84 | 16.32 | 6.51 | 3.89 | 6.91 |
Capex to Sales |
0.23 | 0.42 | 0.33 | 0.49 | 0.36 | 0.36 | 0.38 | 0.42 | 0.29 | 0.23 |
Price to Operating Income |
10.88 | 13.53 | 75.06 | 0.00 | 6.48 | 13.14 | 16.82 | 6.79 | 4.04 | 5.93 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.15 | 0.18 | 0.20 | 0.21 | 0.18 | 0.19 | 0.18 | 0.19 | 0.21 | 0.21 |
Cash ROIC |
31.53% | 2.11% | 0.18% | (9.12%) | 6.05% | 4.11% | 0.15% | 6.74% | 19.10% | 9.48% |
Accounts Receivable Turnover |
5.86 | 4.71 | 5.54 | 4.10 | 5.89 | 6.01 | 6.03 | 5.40 | 6.58 | 6.98 |
Accounts Payable Turnover |
1.59 | 2.66 | 3.46 | 3.38 | 2.95 | 3.10 | 2.85 | 2.82 | 3.11 | 3.15 |
Inventory Turnover |
2.74 | 2.61 | 2.26 | 2.25 | 3.02 | 3.51 | 2.84 | 2.92 | 3.72 | 3.95 |
Average Days of Payables |
321.24 | 156.49 | 136.64 | 85.20 | 131.84 | 112.47 | 142.66 | 132.91 | 127.72 | 112.52 |
Days of Inventory on Hand |
147.40 | 135.51 | 166.14 | 180.54 | 144.25 | 94.77 | 131.77 | 147.05 | 104.97 | 95.90 |
Average Receivables |
22,731.00 | 7,940.00 | 4,529.00 | 3,786.50 | 5,220.50 | 4,611.50 | 3,553.50 | 4,336.50 | 4,618.50 | 2,913.50 |
Average Payables |
16,127.00 | 8,474.00 | 5,628.50 | 5,024.00 | 5,707.50 | 5,571.00 | 5,221.50 | 4,500.00 | 4,019.00 | 3,771.50 |
Average Inventory |
9,363.50 | 8,615.00 | 8,631.00 | 7,525.00 | 5,575.00 | 4,930.00 | 5,245.50 | 4,356.50 | 3,359.00 | 3,006.00 |
Average Assets |
139,343.00 | 76,107.00 | 66,835.00 | 65,268.50 | 62,566.00 | 56,263.50 | 51,282.50 | 46,131.50 | 39,356.00 | 31,438.00 |
Average Common Equity |
96,271.50 | 49,648.00 | 44,625.50 | 47,013.50 | 46,920.00 | 41,464.50 | 37,883.00 | 34,967.00 | 26,317.00 | 16,199.00 |
Columns are period end dates · fundamentals updated 15 Oct 2026