Micron Technology, Inc. (MU) Stock

About Micron Technology, Inc.

Micron Technology, Inc. is led by CEO Sanjay Mehrotra, employs 48,000 people, headquartered in Boise, US, publicly traded since 1984.

Micron Technology, Inc. (MU) stock trades at $878.84 with a market capitalization of $994.34B. The stock is valued at a price-to-earnings (P/E) ratio of 24.15, price-to-book of 12.12, price-to-sales of 13.54. Over the past 52 weeks the stock has ranged between $155.18 and $1255.00, and currently trades 30.0% below its 52-week high. It pays a dividend yielding 0.06%.

On profitability, Micron Technology, Inc. generates a return on equity (ROE) of 70.55%, above the typical market range of roughly 12-15%, return on capital employed of 51.77%, an operating margin of 48.52%, a net profit margin of 55.91%.

In its most recent fiscal year, Micron Technology, Inc. reported annual revenue of $37.4B, net profit of $8.5B. Over the last 5 fiscal years, revenue grew at an average annual rate of 11.8%, and net profit grew at an average annual rate of 26.0%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 0.06 (debt below half of shareholders' equity), a current ratio of 2.52, total assets of $82.8B, $9.6B in cash and equivalents.

MU has a beta of 2.22 (historically more volatile than the overall market).