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.

Revenue
+379.3%
EPS
+1,066.4%
Free cash flow
+45,543.1%
Total debt
−64.5%

Quarter to August 2026, against a year earlier

687.21 30.82 +4.70%
Market cap
$742.7B
P/E
8.9×
Fwd P/E
5.1×
Dividend yield
0.08%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Micron Technology, Inc. (MU) trades at a price to free cash flow of 12.8×. Over the past ten years it has ranged from 0.0× (August 2024) to 1,036× (November 2024); the current reading is higher than 55% of that period. That is below the Semiconductors industry median of 43.8× and below the Technology sector median of 18.7×.

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

Against its own ten years

Low 0.0× High 1,036×
Ten-year median 9.8×
Current reading's percentile 55

Price to free cash flow against peers

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)))

The full definition of Price to free cash flow →

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