Micron Technology, Inc. MU

1,082.28 1.75 0.16% as of 25 Sep
Market cap
$1.24T
P/E
24.2×
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Micron Technology, Inc. (MU) Current ratio

Micron Technology, Inc.'s current ratio at the end of the quarter to 31 May 2026 was 3.4×, up 0.9× from fiscal 2025 (2.5×). Over the past ten years it has ranged from 2.0× (fiscal 2016) to 4.5× (fiscal 2023); the current reading is higher than 36% of that period. That is in line with the Semiconductors industry median of 3.4× and above the Technology sector median of 1.9×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 2.5× (4.45%)
FY2024 2.6× (40.89%)
FY2023 4.5× 54.31%
FY2022 2.9× (6.77%)
FY2021 3.1× 14.45%
FY2020 2.7× 4.84%
FY2019 2.6× (7.35%)
FY2018 2.8× 19.36%
FY2017 2.3× 18.92%
FY2016 2.0× (10.79%)

Quarterly

Period Current ratio Change
May 2026 3.4× 18.22%
Feb 2026 2.9× 17.77%
Nov 2025 2.5× (2.31%)
Aug 2025 2.5× (8.59%)
42 more quarters

Against its own ten years

Low 2.0× High 4.5×
Ten-year median 2.6×
Current reading's percentile 36

Current ratio against peers

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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