Micron Technology, Inc. MU
- Market cap
- $1.24T
- P/E
- 24.2×
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Micron Technology, Inc. (MU) Price to free cash flow
As of 25 September 2026, Micron Technology, Inc. (MU) trades at a price to free cash flow of 46.6×. Over the past ten years it has ranged from 0.0× (August 2024) to 1,036× (November 2024); the current reading is higher than 72% of that period. That is in line with the Semiconductors industry median of 47.0× and above the Technology sector median of 19.8×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| 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× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| May 2026 | 44.6× | (1.25%) |
| Feb 2026 | 45.2× | (22.28%) |
| Nov 2025 | 58.2× | (26.64%) |
| Aug 2025 | 79.3× | 35.84% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| AVGO Broadcom Inc. compare | 42.7× |
| NVDA NVIDIA Corporation compare | 42.9× |
| MU Micron Technology, Inc. | 46.6× |
| TXN Texas Instruments Incorporated compare | 47.0× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 65.8× |
| AMD Advanced Micro Devices, Inc. compare | 123× |
| MRVL Marvell Technology, Inc. compare | 136× |
| ARM ARM Holdings PLC Sponsored ADR compare | 225× |
| INTC Intel Corporation compare | 250× |
| Semiconductors industry median | 47.0× |
| Technology sector median | 19.8× |
| Market median | 14.0× |
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)))
More on MU
- Revenue
- Net income
- 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
- 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
- The full statement