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.
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Micron Technology, Inc. (MU) Free cash flow margin
Micron Technology, Inc.'s free cash flow margin over the twelve months to 31 August 2026 was 44.3%. Over the past ten years it has ranged from −39.4% (fiscal 2023) to 44.3% (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 8.47% and above the Technology sector median of 1.72%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 44.3% | 39.81 |
| FY2025 | 4.46% | 3.98 |
| FY2024 | 0.48% | 39.84 |
| FY2023 | −39.4% | (52.37) |
| FY2022 | 13.0% | 4.21 |
| FY2021 | 8.80% | 8.41 |
| FY2020 | 0.39% | (14.17) |
| FY2019 | 14.6% | (13.48) |
| FY2018 | 28.0% | 11.22 |
| FY2017 | 16.8% | 38.18 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| MU Micron Technology, Inc. | 44.3% |
| AVGO Broadcom Inc. compare | 44.2% |
| NVDA NVIDIA Corporation compare | 41.9% |
| ARM ARM Holdings PLC Sponsored ADR compare | 28.6% |
| TXN Texas Instruments Incorporated compare | 27.7% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 25.1% |
| AMD Advanced Micro Devices, Inc. compare | 20.3% |
| MRVL Marvell Technology, Inc. compare | 18.2% |
| INTC Intel Corporation compare | 4.96% |
| Semiconductors industry median | 8.47% |
| Technology sector median | 1.72% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
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- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
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- Book value per share
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