Micron Technology, Inc.

MUNASDAQ

$866.68

Last price · USD

Market cap: $990.6B
P/E: 11.7x
EV / EBITDA: 8.8x
P/S: 7.4x
FCF yield: 6.0%
Div. yield: 0.06%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Micron Technology, Inc. balance sheet

Annual · USD millions except per-share data · 46 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	38,364	9,642	7,041	8,577	8,262	+46.8%
Short-term investments	5,070	665	1,065	1,017	1,069	+47.6%
Cash & short-term investments	43,434	10,307	8,106	9,594	9,331	+46.9%
Net receivables	36,197	9,265	6,615	2,443	5,130	+63.0%
Accounts receivable	31,793	7,163	5,419	2,048	4,765	+60.7%
Other receivables	4,404	2,102	1,196	395	365	+86.4%
Inventory	10,372	8,355	8,875	8,387	6,663	+11.7%
Other current assets	1,067	914	776	820	657	+12.9%
Total current assets	91,070	28,841	24,372	21,244	21,781	+43.0%
Non-current assets
Property, plant & equipment (net)	63,310	47,326	40,394	38,594	39,227	+12.7%
Goodwill	1,150	1,150	1,150	1,150	1,228	-1.6%
Intangible assets	0	453	416	404	421	—
Goodwill & intangible assets	1,150	1,603	1,566	1,554	1,649	-8.6%
Long-term investments	30,019	1,629	1,046	844	1,647	+106.6%
Tax assets	0	616	520	756	702	—
Other non-current assets	10,339	2,783	1,518	1,262	1,277	+68.7%
Total non-current assets	104,818	53,957	45,044	43,010	44,502	+23.9%
Total assets	195,888	82,798	69,416	64,254	66,283	+31.1%
Current liabilities
Accounts payable	3,518	3,132	2,726	1,725	2,142	+13.2%
Other payables	5,626	628	3,143	1,486	2,590	+21.4%
Total payables	9,144	3,760	5,869	3,211	4,732	+17.9%
Short-term debt	0	634	106	106	0	—
Capital lease obligations (current)	491	0	325	172	103	+47.8%
Tax payables	0	0	218	67	420	—
Deferred revenue	0	26	0	0	0	—
Other current liabilities	17,847	5,918	1,518	529	1,346	+90.8%
Total current liabilities	27,482	11,454	9,248	4,765	7,539	+38.2%
Non-current liabilities
Long-term debt	2,792	14,017	11,237	11,943	6,020	-17.5%
Capital lease obligations (non-current)	1,896	701	2,339	1,712	1,393	+8.0%
Deferred revenue (non-current)	13,681	1,018	550	727	589	+119.5%
Other non-current liabilities	11,659	1,443	911	987	835	+93.3%
Total non-current liabilities	30,028	17,179	15,037	15,369	8,837	+35.8%
Capital lease obligations	2,387	701	2,664	1,884	1,496	+12.4%
Total debt	5,179	15,278	14,007	13,933	7,516	-8.9%
Total liabilities	57,510	28,633	24,285	20,134	16,376	+36.9%
Stockholders' equity
Common stock	128	127	125	124	123	+1.0%
Retained earnings	131,851	48,583	40,877	40,824	47,274	+29.2%
Additional paid-in capital	14,974	13,339	12,115	11,036	10,197	+10.1%
Treasury stock	(8,502)	(7,852)	(7,852)	(7,552)	(7,127)	—
Accumulated other comprehensive income (loss)	(73)	(32)	(134)	(312)	(560)	—
Total stockholders' equity	138,378	54,165	45,131	44,120	49,907	+29.0%
Total equity	138,378	54,165	45,131	44,120	49,907	+29.0%
Total liabilities & equity	195,888	82,798	69,416	64,254	66,283	+31.1%
Additional fields
Accrued Expenses	0	1,116	1,430	747	1,358	—
Net Debt	(33,185)	5,636	6,966	5,356	(746)	—
Total Investments	35,089	2,294	2,111	1,861	2,716	+89.6%

Micron Technology, Inc.

MUNASDAQ

$866.68

Last price · USD

Market cap: $990.6B
P/E: 11.7x
EV / EBITDA: 8.8x
P/S: 7.4x
FCF yield: 6.0%
Div. yield: 0.06%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Micron Technology, Inc. balance sheet

Annual · USD millions except per-share data · 46 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	38,364	9,642	7,041	8,577	8,262	+46.8%
Short-term investments	5,070	665	1,065	1,017	1,069	+47.6%
Cash & short-term investments	43,434	10,307	8,106	9,594	9,331	+46.9%
Net receivables	36,197	9,265	6,615	2,443	5,130	+63.0%
Accounts receivable	31,793	7,163	5,419	2,048	4,765	+60.7%
Other receivables	4,404	2,102	1,196	395	365	+86.4%
Inventory	10,372	8,355	8,875	8,387	6,663	+11.7%
Other current assets	1,067	914	776	820	657	+12.9%
Total current assets	91,070	28,841	24,372	21,244	21,781	+43.0%
Non-current assets
Property, plant & equipment (net)	63,310	47,326	40,394	38,594	39,227	+12.7%
Goodwill	1,150	1,150	1,150	1,150	1,228	-1.6%
Intangible assets	0	453	416	404	421	—
Goodwill & intangible assets	1,150	1,603	1,566	1,554	1,649	-8.6%
Long-term investments	30,019	1,629	1,046	844	1,647	+106.6%
Tax assets	0	616	520	756	702	—
Other non-current assets	10,339	2,783	1,518	1,262	1,277	+68.7%
Total non-current assets	104,818	53,957	45,044	43,010	44,502	+23.9%
Total assets	195,888	82,798	69,416	64,254	66,283	+31.1%
Current liabilities
Accounts payable	3,518	3,132	2,726	1,725	2,142	+13.2%
Other payables	5,626	628	3,143	1,486	2,590	+21.4%
Total payables	9,144	3,760	5,869	3,211	4,732	+17.9%
Short-term debt	0	634	106	106	0	—
Capital lease obligations (current)	491	0	325	172	103	+47.8%
Tax payables	0	0	218	67	420	—
Deferred revenue	0	26	0	0	0	—
Other current liabilities	17,847	5,918	1,518	529	1,346	+90.8%
Total current liabilities	27,482	11,454	9,248	4,765	7,539	+38.2%
Non-current liabilities
Long-term debt	2,792	14,017	11,237	11,943	6,020	-17.5%
Capital lease obligations (non-current)	1,896	701	2,339	1,712	1,393	+8.0%
Deferred revenue (non-current)	13,681	1,018	550	727	589	+119.5%
Other non-current liabilities	11,659	1,443	911	987	835	+93.3%
Total non-current liabilities	30,028	17,179	15,037	15,369	8,837	+35.8%
Capital lease obligations	2,387	701	2,664	1,884	1,496	+12.4%
Total debt	5,179	15,278	14,007	13,933	7,516	-8.9%
Total liabilities	57,510	28,633	24,285	20,134	16,376	+36.9%
Stockholders' equity
Common stock	128	127	125	124	123	+1.0%
Retained earnings	131,851	48,583	40,877	40,824	47,274	+29.2%
Additional paid-in capital	14,974	13,339	12,115	11,036	10,197	+10.1%
Treasury stock	(8,502)	(7,852)	(7,852)	(7,552)	(7,127)	—
Accumulated other comprehensive income (loss)	(73)	(32)	(134)	(312)	(560)	—
Total stockholders' equity	138,378	54,165	45,131	44,120	49,907	+29.0%
Total equity	138,378	54,165	45,131	44,120	49,907	+29.0%
Total liabilities & equity	195,888	82,798	69,416	64,254	66,283	+31.1%
Additional fields
Accrued Expenses	0	1,116	1,430	747	1,358	—
Net Debt	(33,185)	5,636	6,966	5,356	(746)	—
Total Investments	35,089	2,294	2,111	1,861	2,716	+89.6%