Pricing Log in Create free account
Friday 23 October 2026 Export MU’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Micron Technology, Inc. (MU) Piotroski F-score

Alert me on Piotroski F-score

Micron Technology, Inc.'s Piotroski F-score for fiscal 2026 is 8 out of 9: 8 of nine tests of profitability, leverage and efficiency passed, up from 7 in fiscal 2025.

Piotroski F-score, annual

Embed this chart

Annual newest first

Period Piotroski F-score Change (points)
FY2026 8 1.00
FY2025 7 0.00
FY2024 7 3.00
FY2023 4 (3.00)
FY2022 7 (1.00)
FY2021 8 3.00
FY2020 5 1.00
FY2019 4 (4.00)
FY2018 8 0.00
FY2017 8 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 60.98% 11.22% Pass 1
Positive operating cash flow 89.68b 17.53b Pass 1
Rising return on assets 60.98% 11.22% Pass 1
Cash flow above net income 4.71b 8.99b Pass 1
Falling long-term leverage 0.03 0.18 Pass 1
Rising current ratio 3.31 2.52 Pass 1
No new shares issued 1,127,000,000 1,116,000,000 Fail 0
Rising gross margin 80.72% 39.79% Pass 1
Rising asset turnover 0.96 0.49 Pass 1
Piotroski F-score Strong — most fundamentals improved 8

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

Company Piotroski F-score
TSM Taiwan Semiconductor Manufacturing Company Ltd. compare 8
MU Micron Technology, Inc. 8
MRVL Marvell Technology, Inc. compare 8
AVGO Broadcom Inc. compare 7
AMD Advanced Micro Devices, Inc. compare 7
ARM ARM Holdings PLC Sponsored ADR compare 7
TXN Texas Instruments Incorporated compare 7
INTC Intel Corporation compare 6
SKHY SK Hynix, Inc. - Sponsored ADR compare —

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

More on MU