Micron Technology, Inc.

Earnings chart of Micron Technology, Inc.

Graph of returns of Micron Technology, Inc.

(US$ in Million)20252024202320222021
Turnover 37,378 25,111 15,540 30,758 27,705
Year-on-Year Change48.9%61.6%-49.5%11.0%29.3%
      
Operating Profit9,7701,304-5,7459,7026,283
Year-on-Year Change649.2%-122.7%-159.2%54.4%109.2%
      
EBITDA 18,122 9,084 2,011 16,818 12,497
Year-on-Year Change99.5%351.7%-88.0%34.6%44.4%
      
PBT9,6541,240-5,6589,5716,218
Year-on-Year Change678.6%-121.9%-159.1%53.9%108.5%
      
PAT8,539 778 -5,8338,687 5,861
Year-on-Year Change997.6%-113.3%-167.2%48.2%116.3%
      
Total Assets82,79869,41664,25466,28358,849
Year-on-Year Change19.3%8.0%-3.1%12.6%9.6%
      
Net Current Assets17,38715,12416,47914,24213,483
Year-on-Year Change15.0%-8.2%15.7%5.6%19.0%
      
Total Equity 54,165 45,131 44,120 49,907 43,933
Year-on-Year Change20.0%2.3%-11.6%13.6%12.7%
      
Capital Expenditure15,857 8,386 7,676 12,067 10,030
Year-on-Year Change89.1%9.3%-36.4%20.3%22.0%
      
Funds from Operations17,5258,5071,55915,18112,468
Year-on-Year Change106.0%445.7%-89.7%21.8%50.1%
      
Free Operating Cashflow1,668 121 -6,1173,114 2,438
Year-on-Year Change1,278.5%-102.0%-296.4%27.7%2,837.4%
      
Total Debt15,27814,00713,9337,5167,280
Year-on-Year Change9.1%0.5%85.4%3.2%1.5%
      
Net Debt5,6366,9665,356-746-483
Year-on-Year Change-19.1%30.1%-818.0%54.5%7.8%
      
Shares Outstanding (Million) 1,116 1,105 1,093 1,112 1,120
Year-on-Year Change1.0%1.1%-1.7%-0.7%0.9%
      
Payout Ratio5.9%53.2%-9.0%5.9%1.9%
⇑ – Year-on-Year IncreaseGreen: ‘Improved’
⇓ – Year-on-Year DecreaseRed: ‘Worsened’
⇔ – Year-on-Year Unchanged 
 20252024202320222021
CAPITAL STRUCTURE     
Total Debt/(Total Debt + Equity)22.0%⇓ 23.7%⇓ 24.0%⇑13.1%⇓ 14.2%⇓
Net Debt/Equity10.4%⇓15.4%⇑ 12.1%⇑ -1.5%⇓-1.1%⇓
Debt/Total Assets18.5%⇓20.2%⇓21.7%⇑11.3%⇓12.4%⇓
Long Term Debt/Net Earnings1.7x⇓14.2x⇑-2.4x⇓0.9x⇓1.2x⇓
Current Ratio2.5x⇓2.6x⇓4.5x⇑2.9x⇓3.1x⇑
Acid Test Ratio1.8x⇑1.7x⇓2.7x⇑2.0x⇓2.4x⇓
      
      
CASHFLOW RATIOS     
Funds from Operations/Total Debt1.2x⇑0.6x⇑0.1x⇓2.0x⇑1.7x⇑
Funds from Operations/Net Debt3.1x⇑1.2x⇑0.3x⇑-20.4x⇑-25.8x⇓
EBITDA/Interest38.0x⇑16.2x⇑5.2x⇓89.0x⇑68.3x⇑
EBIT/Interest20.5x⇑2.3x⇑-14.8x⇓51.3x⇑34.3x⇑
Net Debt/EBITDA0.3x⇓0.8x⇓2.7x⇑0.0x⇔ 0.0x⇑
Free Operating Cashflow/Interest3.5x⇑0.2x⇑-15.8x⇓16.5x⇑13.3x⇑
Free Operating Cashflow/Net Debt0.3x⇑0.0x⇑–1.1x⇑-4.2x⇑-5.1x⇓
Free Operating Cashflow/Sales0.0x⇔ 0.0x⇑-0.4x⇓0.1x⇔ 0.1x⇑
      
      
PROFITABILITY RATIOS     
Gross Profit Margin39.8%⇑22.4%⇑-9.1%⇓45.2%⇑37.2%⇑
EBITDA Margin48.5%⇑36.2%⇑12.9%⇓54.7%⇑45.1%⇑
EBIT Margin26.1%⇑5.2%⇑-37.0%⇓31.5%⇑22.7%⇑
PBT Margin25.8%⇑4.9%⇑-36.4%⇓31.1%⇑22.4%⇑
PAT Margin22.8%⇑3.1%⇑-37.5%⇓28.2%⇑21.2%⇑
ROAE17.4%⇑2.1%⇑-11.9%⇓17.3%⇑14.0%⇓
ROAA11.4%⇑1.4%⇑-8.6%⇓13.0%⇑10.3%⇑