Micron Technology
Financial ratios & Valuation

Forward Multiples (2026 – 2026)

2026
Price/Earnings ratio
10.60
Price/Sales ratio
3.14
Earnings per Share (EPS)
$11.46

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
6.12-61.626.844.587.8819.1314.137.33-13.10135.7325.367.88
Price/Sales ratio
1.091.371.712.132.122.392.992.074.914.203.392.12
Price/Book Value ratio
1.441.401.862.001.381.311.881.271.732.332.101.38
Price/Cash Flow ratio
3.405.364.273.723.776.196.644.1949.0312.419.513.77
Price/Free Cash Flow ratio
14.95-6.3112.007.7914.92619.5933.9920.46-12.49872.76178.2414.92
Price/Earnings Growth ratio
-1.090.56-0.000.03-0.15-0.330.120.140.07-1.200.06-0.15
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A0.72%0.65%0.48%0.38%N/A
Profitability Indicator Ratios
Gross Profit Margin
32.20%20.20%41.51%58.86%45.72%30.56%37.62%45.18%-9.11%22.35%30.92%30.56%
Operating Profit Margin
18.51%1.35%28.87%49.33%31.51%14.00%22.67%31.54%-36.96%5.19%14.96%14.00%
Pretax Profit Margin
16.11%-2.26%25.56%47.07%30.11%13.91%22.44%31.11%-36.40%4.93%13.68%13.91%
Net Profit Margin
17.90%-2.22%25.04%46.51%26.97%12.53%21.15%28.24%-37.53%3.09%13.34%12.53%
Effective Tax Rate
6.01%-6.76%2.19%1.17%9.83%9.38%6.33%9.27%-3.12%36.37%2.38%9.38%
Return on Assets
12.00%-1.00%14.40%32.58%12.91%5.00%9.95%13.10%-9.07%1.12%5.43%5.00%
Return On Equity
23.56%-2.28%27.32%43.76%17.59%6.89%13.34%17.40%-13.22%1.72%8.62%6.89%
Return on Capital Employed
14.81%0.73%19.55%39.85%17.35%6.38%11.98%16.51%-9.65%2.16%6.97%6.38%
Liquidity Ratios
Current Ratio
2.201.962.332.782.582.703.09N/AN/AN/A2.712.58
Quick Ratio
1.601.361.742.161.781.862.402.002.691.671.751.86
Cash ratio
0.580.850.951.131.111.141.201.091.80.760.741.14
Days of Sales Outstanding
56.5160.8767.5165.7949.8266.6169.9660.8757.3896.1593.1249.82
Days of Inventory outstanding
77.80106.5795.90104.97147.04137.5094.76144.24180.54166.13158.09147.04
Operating Cycle
134.32167.45163.41170.76196.86204.12164.73205.12237.92262.29251.21196.86
Days of Payables Outstanding
45.1553.8240.9349.4048.1853.7336.8346.3737.1351.0345.7653.73
Cash Conversion Cycle
89.16113.63122.48121.35148.68150.39127.90158.75200.78211.26205.45148.68
Debt Ratios
Debt Ratio
0.260.330.250.080.110.130.120.110.210.160.190.11
Debt Equity Ratio
0.510.750.480.110.150.180.160.140.310.250.290.15
Long-term Debt to Capitalization
0.330.430.320.090.110.150.130.120.230.190.220.11
Total Debt to Capitalization
0.330.430.320.100.130.150.130.120.230.200.220.13
Interest Coverage Ratio
7.950.379.7542.7154.5315.4736.86N/AN/AN/A7.9415.47
Cash Flow to Debt Ratio
0.820.340.894.582.341.161.742.040.110.740.741.16
Company Equity Multiplier
1.962.271.891.341.361.371.331.321.451.531.521.36
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.320.250.400.570.560.380.450.490.100.330.350.38
Free Cash Flow / Operating Cash Flow Ratio
0.22-0.850.350.470.250.000.190.20-3.920.010.050.00
Cash Flow Coverage Ratio
0.820.340.894.582.341.161.742.040.110.740.741.16
Short Term Coverage Ratio
N/AN/AN/A31.6912.1342.81N/AN/A14.7080.2597.6412.13
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A5.30%-8.64%65.93%13.26%N/A