Micron Technology Inc. MU
What this company does
Written from the business description in MICRON TECHNOLOGY INC's annual report to the U.S. Securities and Exchange Commission, filed 3 October 2025. Every sentence was checked against that document before publication.
Revenue compounded at +11.8% a year over five years — but profit grew faster: net income at +26.0%, earnings per share at +26.2%.
The share count rose from 1.11B to 1.12B over the period.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each USD of equity produced 17 cents of profit this year.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 37.4 | 25.1 | 15.5 | 30.8 | 27.7 | 21.4 | 23.4 | 30.4 | 20.3 | 12.4 | 16.2 | 16.4 | 9.1 | 8.2 | 8.8 | 8.5 | 4.8 |
| Operating income $B | 9.8 | 1.3 | −5.7 | 9.7 | 6.3 | 3.0 | 7.4 | 15.0 | 5.9 | 0.2 | 3.0 | 3.1 | 0.2 | −0.6 | 0.8 | 1.6 | −1.7 |
| EBITDA $B | 18.1 | 9.1 | 2.0 | 16.8 | 12.5 | 8.7 | 12.8 | 19.8 | 9.7 | 3.1 | 5.5 | 5.1 | 2.2 | 1.6 | 2.9 | 3.5 | 0.4 |
| Income tax $B | 1.1 | 0.5 | 0.2 | 0.9 | 0.4 | 0.3 | 0.7 | 0.2 | 0.1 | 0.0 | 0.2 | 0.1 | 0.0 | −0.0 | 0.2 | −0.0 | 0.0 |
| Net income $B | 8.5 | 0.8 | −5.8 | 8.7 | 5.9 | 2.7 | 6.3 | 14.1 | 5.1 | −0.3 | 2.9 | 3.0 | 1.2 | −1.0 | 0.2 | 1.9 | −1.9 |
| Free cash flow $B | 1.7 | 0.1 | −6.1 | 3.1 | 2.4 | 0.1 | 3.4 | 8.5 | 3.4 | −2.6 | 1.2 | 2.6 | 0.4 | 0.4 | −0.1 | 2.5 | 0.7 |
| EPS, diluted $ | 7.59 | 0.70 | −5.34 | 7.75 | 5.14 | 2.37 | 5.51 | 11.51 | 4.41 | −0.27 | 2.47 | 2.54 | 1.13 | −1.04 | 0.17 | 1.85 | −2.35 |
| Dividend / sh $ | 0.46 | 0.46 | 0.46 | 0.32 | 0.10 | · | · | · | · | · | · | · | · | · | · | · | · |
| Payout % | 6 | 66 | −9 | 5 | 0 | 0 | · | · | · | · | · | · | · | · | · | · | · |
| ROE % | 17.2 | 1.7 | −12.4 | 18.5 | 14.1 | 7.2 | 18.5 | 55.5 | 33.2 | −2.3 | 25.1 | 30.6 | 14.1 | −12.8 | 2.0 | 23.1 | · |
| Shares out B | 1.12 | 1.11 | 1.10 | 1.09 | 1.12 | 1.11 | 1.11 | 1.16 | 1.11 | 1.04 | 1.08 | 1.07 | 1.04 | 1.02 | 0.98 | 0.99 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
This company against its peers
Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.