Micron Technology, Inc.

MU Technology Semiconductors

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.

856.52 57.15 −6.25%
Market cap
$969.1B
P/E
11.4×
Fwd P/E
5.1×
Dividend yield
0.07%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) EV/FCF

Alert me on EV/FCF

As of 22 October 2026, Micron Technology, Inc. (MU) trades at a EV/FCF of 15.7×. Over the past ten years it has ranged from −161× (April 2021) to 1,079× (November 2024); the current reading is higher than 62% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2026 17.7× (78.40%)
FY2025 81.8× (90.40%)
FY2024 853× —
FY2023 −13.1× —
FY2022 15.1× (54.37%)
FY2021 33.1× (94.40%)
FY2020 591× 4,092.97%
FY2019 14.1× 105.72%
FY2018 6.8× (42.26%)
FY2017 11.9× —

Quarterly newest first

Period EV/FCF Change
Aug 2026 17.7× (59.69%)
May 2026 43.9× (2.03%)
Feb 2026 44.8× (23.43%)
Nov 2025 58.5× (28.56%)
43 more quarters

Against its own ten years

Low −161× High 1,079×
Ten-year median 10.7×
Current reading's percentile 40

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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