Micron Technology Inc. | Large-cap | Technology
$126.02
-0.97%
| Micron Technology Stock Comparison:
Micron Technology vs NvidiaMicron Technology vs BroadcomMicron Technology vs Advanced MicroMicron Technology vs Texas InstrumentsMicron Technology vs QualcommMicron Technology vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 25.1B
Gross Profit 5.6B 22.35%
Operating Income 1.2B 4.96%
Net Income 778.0M 3.10%
EPS (Diluted) $0.70

Balance Sheet Metrics

Total Assets 69.4B
Total Liabilities 24.3B
Shareholders Equity 45.1B
Debt to Equity 0.54

Cash Flow Metrics

Operating Cash Flow 6.6B
Free Cash Flow 121.0M

Revenue & Profitability Trend

Micron Technology Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 25.1B 15.5B 30.8B 27.7B 21.4B
Cost of Goods Sold 19.5B 17.0B 16.9B 17.3B 14.9B
Gross Profit 5.6B -1.4B 13.9B 10.4B 6.6B
Operating Expenses 4.4B 4.0B 4.2B 3.7B 3.5B
Operating Income 1.2B -5.5B 9.7B 6.7B 3.1B
Pre-tax Income 1.2B -5.7B 9.6B 6.2B 3.0B
Income Tax 451.0M 177.0M 888.0M 394.0M 280.0M
Net Income 778.0M -5.8B 8.7B 5.9B 2.7B
EPS (Diluted) $0.70 -$5.34 $7.75 $5.14 $2.37

Income Statement Trend

Micron Technology Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 24.4B 21.2B 21.8B 19.9B 18.0B
Non-Current Assets 45.0B 43.0B 44.5B 38.9B 35.7B
Total Assets 69.4B 64.3B 66.3B 58.8B 53.7B
Liabilities
Current Liabilities 9.2B 4.8B 7.5B 6.4B 6.6B
Non-Current Liabilities 15.0B 15.4B 8.8B 8.5B 8.0B
Total Liabilities 24.3B 20.1B 16.4B 14.9B 14.7B
Equity
Total Shareholders Equity 45.1B 44.1B 49.9B 43.9B 39.0B

Balance Sheet Composition

Micron Technology Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 778.0M -5.8B 8.7B 5.9B 2.7B
Operating Cash Flow 6.6B 929.0M 14.8B 12.2B 7.7B
Investing Activities
Capital Expenditures - - - - -8.2B
Investing Cash Flow 77.0M 1.5B 482.0M -559.0M -7.6B
Financing Activities
Dividends Paid -513.0M -504.0M -461.0M 0 0
Financing Cash Flow -1.8B 5.0B -3.0B -1.8B -242.0M
Free Cash Flow 121.0M -6.1B 3.1B 2.4B 83.0M

Cash Flow Trend

Micron Technology Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 30.60
Forward P/E 9.94
Price to Book 2.94
Price to Sales 4.56
PEG Ratio 9.94

Profitability Ratios

Profit Margin 14.92%
Operating Margin 22.02%
Return on Equity 10.10%
Return on Assets 5.52%

Financial Health

Current Ratio 3.13
Debt to Equity 30.89
Beta 1.28

Per Share Data

EPS (TTM) $4.18
Book Value per Share $43.50
Revenue per Share $28.21

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
mu 142.9B 30.60 2.94 10.10% 14.92% 30.89
Nvidia 3.5T 46.25 41.84 115.46% 51.69% 12.27
Broadcom 1.2T 92.28 4.29 18.98% 22.64% 166.03
Advanced Micro 207.9B 93.61 3.58 3.90% 8.02% 8.17
Texas Instruments 185.5B 38.60 11.31 29.19% 30.36% 78.31
Qualcomm 168.1B 15.61 6.08 42.21% 26.11% 52.74

Financial data is updated regularly. All figures are in the company's reporting currency.