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.

878.84 52.40 −5.63%
Market cap
$1.05T
P/E
11.7×
Fwd P/E
14.7×
Dividend yield
0.06%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Micron Technology, Inc. (MU) trades at a P/E ratio of 11.7×. Over the past ten years it has ranged from 0.0× (August 2024) to 162× (November 2024); the current reading is higher than 54% of that period. That is below the Semiconductors industry median of 45.6× and below the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 12.7× (17.79%)
FY2025 15.5× (87.76%)
FY2024 127× —
FY2023 0.0× —
FY2022 7.2× (48.57%)
FY2021 14.1× (25.07%)
FY2020 18.8× 135.33%
FY2019 8.0× 86.39%
FY2018 4.3× (38.31%)
FY2017 7.0× —

Quarterly newest first

Period P/E ratio Change
Aug 2026 12.7× (44.92%)
May 2026 23.1× 20.20%
Feb 2026 19.2× (14.99%)
Nov 2025 22.6× 46.06%
43 more quarters

Against its own ten years

Low 0.0× High 162×
Ten-year median 9.8×
Current reading's percentile 40

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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