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) Price to free cash flow
As of 16 October 2026, Micron Technology, Inc. (MU) trades at a price to free cash flow of 16.8×. Over the past ten years it has ranged from 0.0× (August 2024) to 1,036× (November 2024); the current reading is higher than 63% of that period. That is below the Semiconductors industry median of 48.3× and below the Technology sector median of 20.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2026 | 18.3× | (76.88%) |
| FY2025 | 79.3× | (90.20%) |
| FY2024 | 809× | — |
| FY2023 | 0.0× | — |
| FY2022 | 15.7× | (53.61%) |
| FY2021 | 33.9× | (94.44%) |
| FY2020 | 609× | 4,039.79% |
| FY2019 | 14.7× | 107.05% |
| FY2018 | 7.1× | (30.27%) |
| FY2017 | 10.2× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Aug 2026 | 18.3× | (58.94%) |
| May 2026 | 44.6× | (1.25%) |
| Feb 2026 | 45.2× | (22.28%) |
| Nov 2025 | 58.2× | (26.64%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| MU Micron Technology, Inc. | 16.8× |
| AVGO Broadcom Inc. compare | 39.8× |
| NVDA NVIDIA Corporation compare | 40.8× |
| TXN Texas Instruments Incorporated compare | 46.8× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 60.3× |
| AMD Advanced Micro Devices, Inc. compare | 103× |
| MRVL Marvell Technology, Inc. compare | 119× |
| ARM ARM Holdings PLC Sponsored ADR compare | 165× |
| INTC Intel Corporation compare | 183× |
| Semiconductors industry median | 48.3× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
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- Return on equity
- Return on assets
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- Current ratio
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