# Micron Technology, Inc. (MU) — Stock CV

Micron Technology, Inc. is a $1.16T technology company. Revenue grew 256.3% over the last year, it keeps 64¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 13.7× earnings.

> Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips.

## Identity

- **Ticker**: MU
- **Sector**: Technology
- **Industry**: Semiconductors
- **Headquarters**: BOISE, ID
- **Employees**: 53 000
- **Website**: https://www.micron.com
- **Market cap**: $1.16T
- **Last price**: $1 029.10
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $133B
- **Net income**: $85.0B
- **Free cash flow**: $59.0B
- **Net cash**: $38.3B
- **P/E**: 13.7
- **Revenue growth (YoY)**: 256.3%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 57 |
| Growth | 100 |
| Profitability | 100 |
| Health | 100 |
| Quality | 46 |
| Moat | 44 |

## Qualifications (beginner checklist) — 11 of 11 passed

- [x] Revenue growing — +256.3% YoY
- [x] Profitable — $85.0B TTM
- [x] Profit growing — +70.7% YoY
- [x] Generates cash — $59.0B TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $1.16T market cap
- [x] Not printing shares — +0.2% shares over ~5y
- [x] Proven track record — 9/11 profitable years
- [x] Financially stable — Altman Z 16.0 — safe
- [x] Pays a dividend — yield 0.05%
- [x] Valuation not extreme — P/E 13.7

## Experience (career milestones)

- **FY2026** — Revenue crossed $50B: $133B for the year
- **FY2026** — Revenue crossed $100B: $133B for the year
- **FY2026** — Best year on record: $85.0B net income
- **May 26, 2026** — Micron became the latest U.S. company to reach a US$1 trillion market capitalization, amid surging…
- **2020** — The company introduced the world's fastest discrete graphics memory solution
- **FY2018** — Became debt-free: cash now exceeds total debt
- **FY2017** — Turned profitable: $5.09B net income after a loss year
- **FY2016** — Revenue already above $10B: $12.4B in first reported year
- **2012** — Micron became sole owner of this second joint venture
- **2008** — Micron spun off Aptina Imaging, which was acquired by ON Semiconductor in 2014
- **2006** — Micron acquired Lexar, an American manufacturer of digital media products
- **2005** — Micron and Intel created a joint venture in 2005, based in IM Flash Technologies in Lehi, Utah
- **2002** — Micron spun off its personal computer business as MPC Corporation and put it up for sale
- **1996** — A 1996 3-way merger among ZEOS International, Micron Computer
- **1984** — The company had its initial public offering
- **1978** — Founded in 1978 in Boise, Idaho, Micron is the only major American computer memory manufacturer

## Strengths

- High gross margin (80.7%)
- Strongly profitable — 63.8% net margin
- Revenue growing 256.3% year over year
- Strong cash conversion — FCF is 44.3% of revenue
- Net cash position after subtracting debt from cash

## Watch-outs

- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $30.8B | $8.69B | $3.11B |
| FY2023 | $15.5B | -$5.83B | -$6.12B |
| FY2024 | $25.1B | $778M | $121M |
| FY2025 | $37.4B | $8.54B | $1.67B |
| FY2026 | $133B | $85.0B | $59.0B |

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Source: https://stockcv.com/MU — derived from company filings; may be delayed or incomplete. Information, not investment advice.