Micron Financial Statements From 2010 to 2024

MU Stock  USD 111.78  0.68  0.60%   
Micron Technology financial statements provide useful quarterly and yearly information to potential Micron Technology investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Micron Technology financial statements helps investors assess Micron Technology's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Micron Technology's valuation are summarized below:
Gross Profit
-1.4 B
Profit Margin
(0.21)
Market Capitalization
124.5 B
Enterprise Value Revenue
7.6978
Revenue
18.3 B
There are currently one hundred twenty fundamental ratios for Micron Technology that can be evaluated and compared over time across peers in the industry. All traders should check Micron Technology's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 9.5 B in 2024. Enterprise Value is likely to drop to about 9.9 B in 2024

Micron Technology Total Revenue

8.98 Billion

Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 B, Interest Expense of 468.5 M or Total Revenue of 9 B, as well as many exotic indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0056 or PTB Ratio of 2.34. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
This module can also supplement Micron Technology's financial leverage analysis and stock options assessment as well as various Micron Technology Technical models . Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Micron Technology Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets77.6 B73.9 B42 B
Slightly volatile
Short and Long Term Debt Total16.8 B16 B8.2 B
Slightly volatile
Total Current Liabilities5.8 B5.5 B4.9 B
Slightly volatile
Total Stockholder Equity53.3 B50.7 B28 B
Slightly volatile
Property Plant And Equipment Net46.6 B44.4 B23.6 B
Slightly volatile
Cash10.4 B9.9 B5.8 B
Slightly volatile
Non Current Assets Total51.9 B49.5 B27.4 B
Slightly volatile
Non Currrent Assets Other1.5 B1.5 B787.4 M
Slightly volatile
Cash And Short Term Investments11.6 B11 B6.4 B
Slightly volatile
Net Receivables1.6 B2.8 BB
Slightly volatile
Common Stock Shares Outstanding783.8 M1.3 BB
Slightly volatile
Liabilities And Stockholders Equity77.6 B73.9 B42 B
Slightly volatile
Non Current Liabilities Total18.6 B17.7 B8.6 B
Slightly volatile
Inventory10.1 B9.6 B4.6 B
Slightly volatile
Other Current Assets859.6 M943 M1.9 B
Pretty Stable
Other Stockholder Equity4.5 BB5.7 B
Slightly volatile
Total Liabilities24.3 B23.2 B22 B
Slightly volatile
Total Current Assets25.7 B24.4 B14.6 B
Slightly volatile
Other Current Liabilities5.4 B5.2 B2.4 B
Slightly volatile
Short Term Debt383.4 M319.7 M682.6 M
Slightly volatile
Accounts Payable2.1 BB1.5 B
Slightly volatile
Common Stock Total Equity89.5 M141.4 M107 M
Slightly volatile
Short Term Investments684 M1.2 B619.8 M
Slightly volatile
Property Plant And Equipment Gross46.6 B44.4 B23.7 B
Slightly volatile
Intangible Assets329 M464.6 M369.7 M
Pretty Stable
Common Stock86.4 M142.6 M106.9 M
Slightly volatile
Other Liabilities2.1 BBB
Slightly volatile
Other Assets2.2 B2.1 B1.4 B
Slightly volatile
Long Term Debt15.8 B15 B6.4 B
Slightly volatile
Property Plant Equipment46.6 B44.4 B23.9 B
Slightly volatile
Net Tangible Assets26.3 B49 B25.8 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity725.2 M800.1 M882.6 M
Slightly volatile
Long Term Debt Total6.1 B7.8 B5.9 B
Slightly volatile
Capital Surpluse9.4 B11.7 BB
Slightly volatile
Long Term Investments1.4 B970.6 M1.3 B
Very volatile
Non Current Liabilities Other789.8 M1.1 B750.6 M
Slightly volatile
Deferred Long Term Asset Charges606.4 M537.3 M661 M
Slightly volatile
Short and Long Term Debt237.7 M250.2 M2.1 B
Slightly volatile
Capital Lease Obligations676.8 M542.7 MB
Slightly volatile
Warrants80.3 M112.7 M62 M
Slightly volatile
Net Invested Capital49.6 B66.1 B40.2 B
Slightly volatile
Net Working Capital13.1 B19 B10.5 B
Slightly volatile
Capital Stock132.6 M142.6 M121.1 M
Slightly volatile

Micron Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization9.4 B8.9 B4.8 B
Slightly volatile
Total RevenueB17.9 B17.2 B
Slightly volatile
Other Operating Expenses25.5 B24.3 B15.6 B
Slightly volatile
EBITDA3.5 B3.1 B7.3 B
Slightly volatile
Cost Of Revenue20.5 B19.5 B12.6 B
Slightly volatile
Total Operating ExpensesB4.8 B2.9 B
Slightly volatile
Selling General Administrative620.4 M1.1 B748.8 M
Slightly volatile
Research Development3.8 B3.6 B2.1 B
Slightly volatile
Non Recurring52.4 M55.2 M177.4 M
Pretty Stable
Tax Provision353.2 M203.6 M271.7 M
Slightly volatile
Interest Income565.1 M538.2 M269.4 M
Very volatile
Reconciled Depreciation6.4 B8.9 B5.3 B
Slightly volatile
Extraordinary Items8.6 MM97.3 M
Slightly volatile

Micron Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow10.1 B9.6 B5.4 B
Slightly volatile
Depreciation9.4 B8.9 B4.8 B
Slightly volatile
Capital Expenditures9.3 B8.8 B6.4 B
Slightly volatile
Total Cash From Operating Activities1.7 B1.8 B6.5 B
Pretty Stable
End Period Cash Flow10.5 B10 B5.9 B
Slightly volatile
Stock Based Compensation719.7 M685.4 M302.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.945.662.5564
Slightly volatile
Dividend Yield0.00560.00590.0067
Very volatile
PTB Ratio2.341.991.6467
Pretty Stable
Days Sales Outstanding73.1465.9966.5638
Slightly volatile
Book Value Per Share38.1536.3329.715
Slightly volatile
Invested Capital0.220.280.3979
Slightly volatile
Operating Cash Flow Per Share1.221.286.8445
Pretty Stable
Stock Based Compensation To Revenue0.03620.03450.0197
Slightly volatile
PB Ratio2.341.991.6467
Pretty Stable
EV To Sales6.366.052.7819
Slightly volatile
Inventory Turnover2.212.323.111
Slightly volatile
Days Of Inventory On Hand171162131
Slightly volatile
Payables Turnover5.028.857.7721
Pretty Stable
Research And Ddevelopement To Revenue0.190.180.1254
Slightly volatile
Cash Per Share8.297.96.5242
Slightly volatile
POCF Ratio59.2156.3914.9384
Slightly volatile
Days Payables Outstanding75.3242.749.6477
Pretty Stable
EV To Operating Cash Flow63.3660.3416.304
Slightly volatile
Intangibles To Total Assets0.02360.02180.0236
Very volatile
Current Ratio2.985.132.841
Slightly volatile
Receivables Turnover6.377.325.9175
Slightly volatile
Graham Number65.7962.6652.0467
Slightly volatile
Shareholders Equity Per Share38.1536.3329.715
Slightly volatile
Debt To Equity0.220.280.3979
Slightly volatile
Revenue Per Share7.2212.817.6494
Slightly volatile
Interest Debt Per Share12.3811.798.6551
Slightly volatile
Debt To Assets0.130.20.2085
Slightly volatile
Enterprise Value Over EBITDA37.1835.410.9396
Slightly volatile
Short Term Coverage Ratios4.795.0562.6292
Pretty Stable
Operating Cycle126214188
Slightly volatile
Price Book Value Ratio2.341.991.6467
Pretty Stable
Price Earnings To Growth Ratio0.09350.08950.2662
Slightly volatile
Days Of Payables Outstanding75.3242.749.6477
Pretty Stable
Price To Operating Cash Flows Ratio59.2156.3914.9384
Slightly volatile
Company Equity Multiplier1.291.311.6588
Slightly volatile
Long Term Debt To Capitalization0.140.210.2416
Slightly volatile
Total Debt To Capitalization0.170.220.2531
Slightly volatile
Debt Equity Ratio0.220.280.3979
Slightly volatile
Quick Ratio1.482.271.8803
Very volatile
Net Income Per E B T0.70.930.9105
Very volatile
Cash Ratio1.71.621.0842
Slightly volatile
Cash Conversion Cycle190181149
Slightly volatile
Operating Cash Flow Sales Ratio0.08580.09030.3238
Pretty Stable
Days Of Inventory Outstanding171162131
Slightly volatile
Days Of Sales Outstanding73.1465.9966.5638
Slightly volatile
Cash Flow Coverage Ratios0.120.131.1792
Pretty Stable
Price To Book Ratio2.341.991.6467
Pretty Stable
Fixed Asset Turnover0.440.460.8455
Slightly volatile
Price Cash Flow Ratio59.2156.3914.9384
Slightly volatile
Enterprise Value Multiple37.1835.410.9396
Slightly volatile
Debt Ratio0.130.20.2085
Slightly volatile
Cash Flow To Debt Ratio0.120.131.1792
Pretty Stable
Price Sales Ratio5.945.662.5564
Slightly volatile
Asset Turnover0.260.280.4588
Slightly volatile
Price Fair Value2.341.991.6467
Pretty Stable

Micron Technology Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.5 B14.8 B21.7 B
Very volatile
Enterprise Value9.9 B14.8 B23.4 B
Pretty Stable

Micron Fundamental Market Drivers

Forward Price Earnings333.3333
Cash And Short Term Investments9.6 B

Micron Upcoming Events

26th of March 2024
Upcoming Quarterly Report
View
26th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
25th of September 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of August 2023
Last Financial Announcement
View

About Micron Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Micron Technology income statement, its balance sheet, and the statement of cash flows. Micron Technology investors use historical funamental indicators, such as Micron Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may use each financial statement separately, they are all related. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Micron Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Micron Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Micron Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-2 B-1.9 B
Total Revenue17.9 BB
Cost Of Revenue19.5 B20.5 B
Stock Based Compensation To Revenue 0.03  0.04 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.18  0.19 
Capex To Revenue(0.57)(0.60)
Revenue Per Share 12.80  7.22 
Ebit Per Revenue(0.33)(0.32)

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.44)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.