Micron Technology Inc
Research Micron Technology Inc (MU) on Bullrun: valuation model: 6.6% undervalued, market cap USD 1.05T, P/E 21.1, dividend yield 0.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMU
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySemiconductors
- CurrencyUSD
- Valuation signal6.6% undervalued
- Market capUSD 1.05T
- P/E21.1
- Dividend yield0.1%
- Financial periodQ2 2026
- RevenueUSD 41.46B
- Net incomeUSD 28.24B
- Free cash flowUSD 17.56B
- Gross margin84.6%
Valuation Snapshot
Bullrun's latest valuation model marks Micron Technology Inc as 6.6% undervalued; latest market cap is USD 1.05T; P/E is 21.1; dividend yield is 0.1%.
Peer valuation comparison
Latest P/E is 21.12x versus a Technology sector median of 28.57x (26.1% below).
Latest dividend yield is 0.06% versus a Technology sector median of 1.65% (96.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 37.38B | USD 8.54B | USD 1.67B | 39.8% | 7.59 | USD 9.64B | USD 12.09B | USD 54.17B |
| FY2024 | USD 25.11B | USD 778.00M | USD 121.00M | 22.4% | 0.7 | USD 7.04B | USD 11.77B | USD 45.13B |
| FY2023 | USD 15.54B | -USD 5.83B | -USD 6.12B | -9.1% | -5.34 | USD 8.58B | USD 12.33B | USD 44.12B |
| FY2022 | USD 30.76B | USD 8.69B | USD 3.11B | 45.2% | 7.75 | USD 8.26B | USD 6.12B | USD 49.91B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.05T | 21.1 | 0.1% | 0.54 |
| 2025 | 2025-12-31 | USD 321.23B | 27.1 | 0.2% | 0.48 |
| 2024 | 2024-12-31 | USD 93.77B | 24.3 | 0.6% | 0.48 |
| 2023 | 2023-12-29 | USD 94.21B | n/a | 0.7% | 0.6 |
| 2022 | 2022-12-30 | USD 54.54B | 9.1 | 1.1% | 0.56 |
| 2021 | 2021-12-31 | USD 104.33B | 14.4 | 0.2% | 0.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.54 USD, yield 0.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.46 USD |
| FY2024 | 0.46 USD |
| FY2023 | 0.46 USD |
| FY2022 | 0.32 USD |
About Micron Technology Inc
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments.
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Frequently asked questions
Is Micron Technology Inc overvalued or undervalued?
Bullrun's valuation model currently marks Micron Technology Inc as 6.6% undervalued.
What is Micron Technology Inc's market cap?
Micron Technology Inc's market capitalization is USD 1.05T.
What is Micron Technology Inc's P/E ratio?
Micron Technology Inc's price-to-earnings (P/E) ratio is 21.1.
Does Micron Technology Inc pay a dividend?
Micron Technology Inc has a dividend yield of 0.1%.
What does Micron Technology Inc do?
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments.