Micron Technology, Inc.
Micron Technology, Inc.’s revenue for fiscal 2025 (year ended August 2025) was $37.4 billion, up 48.9% from fiscal 2024. 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) P/E ratio
As of 2 October 2026, Micron Technology, Inc. (MU) trades at a P/E ratio of 24.0×. Over the past ten years it has ranged from 0.0× (August 2024) to 162× (November 2024); the current reading is higher than 79% of that period. That is below the Semiconductors industry median of 53.5× and below the Technology sector median of 29.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| 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× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| May 2026 | 23.1× | 20.20% |
| Feb 2026 | 19.2× | (14.99%) |
| Nov 2025 | 22.6× | 46.06% |
| Aug 2025 | 15.5× | (11.82%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| INTC Intel Corporation compare | n/m |
| MU Micron Technology, Inc. | 24.0× |
| NVDA NVIDIA Corporation compare | 29.4× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 34.1× |
| AVGO Broadcom Inc. compare | 44.1× |
| TXN Texas Instruments Incorporated compare | 44.3× |
| MRVL Marvell Technology, Inc. compare | 88.7× |
| AMD Advanced Micro Devices, Inc. compare | 161× |
| ARM ARM Holdings PLC Sponsored ADR compare | 317× |
| Semiconductors industry median | 53.5× |
| Technology sector median | 29.4× |
| Market median | 17.7× |
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)
More on MU
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement