Micron Technology (MU)

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About

Business overview of Micron Technology (MU)
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. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Key Insights

Critical company metrics and information
  • Share Price

    $102.80
  • Market Cap

    $114.52 Billion
  • Total Outstanding Shares

    1.11 Billion Shares
  • Total Employees

    48,000
  • Dividend

    $0.115 Per Share Quarterly
  • IPO Date

    May 16, 1989
  • SIC Description

    Semiconductors & Related Devices
  • Homepage

    https://www.micron.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

September 1, 2023 to August 29, 2024
MetricValue
Net Cash Flow From Investing Activities$-8.31 Billion
Net Cash Flow$-1.60 Billion
Exchange Gains/Losses$40.00 Million
Net Cash Flow From Financing Activities, Continuing$-1.84 Billion
Net Cash Flow From Investing Activities, Continuing$-8.31 Billion
Net Cash Flow From Operating Activities$8.51 Billion
Net Cash Flow From Operating Activities, Continuing$8.51 Billion
Net Cash Flow From Financing Activities$-1.84 Billion
Net Cash Flow, Continuing$-1.64 Billion

Income Statement

September 1, 2023 to August 29, 2024
MetricValue
Basic Earnings Per Share$0.70
Revenues$25.11 Billion
Cost Of Revenue$19.50 Billion
Net Income/Loss Attributable To Noncontrolling Interest$0.00
Diluted Average Shares$1.12 Billion
Common Stock Dividends$0.46
Basic Average Shares$1.10 Billion
Income Tax Expense/Benefit$451.00 Million
Operating Income/Loss$1.30 Billion
Income/Loss From Equity Method Investments$-11.00 Million
Income Tax Expense/Benefit, Current$416.00 Million
Diluted Earnings Per Share$0.70
Income/Loss From Continuing Operations Before Tax$1.24 Billion
Costs And Expenses$23.87 Billion
Selling, General, and Administrative Expenses$1.13 Billion
Net Income/Loss Attributable To Parent$778.00 Million
Net Income/Loss$778.00 Million
Benefits Costs and Expenses$23.87 Billion
Preferred Stock Dividends And Other Adjustments$0.00
Gross Profit$5.61 Billion
Income/Loss Before Equity Method Investments$1.24 Billion
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Research and Development$3.43 Billion
Income Tax Expense/Benefit, Deferred$35.00 Million
Operating Expenses$4.31 Billion
Income/Loss From Continuing Operations After Tax$789.00 Million
Net Income/Loss Available To Common Stockholders, Basic$778.00 Million

Balance Sheet

September 1, 2023 to August 29, 2024
MetricValue
Wages$1.12 Billion
Equity$45.13 Billion
Other Current Assets$8.88 Billion
Long-term Debt$11.34 Billion
Intangible Assets$416.00 Million
Equity Attributable To Noncontrolling Interest$0.00
Liabilities$24.29 Billion
Inventory$8.88 Billion
Assets$69.42 Billion
Other Non-current Liabilities$3.69 Billion
Liabilities And Equity$69.42 Billion
Equity Attributable To Parent$45.13 Billion
Current Liabilities$9.25 Billion
Other Non-current Assets$44.63 Billion
Current Assets$24.37 Billion
Noncurrent Liabilities$15.04 Billion
Accounts Receivable$6.62 Billion
Noncurrent Assets$45.04 Billion
Other Current Liabilities$8.13 Billion

Historical Dividends

Current dividend: $0.115 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Sep 25, 2024Oct 23, 2024Oct 7, 2024$0.115Quarterly
Jun 26, 2024Jul 23, 2024Jul 8, 2024$0.115Quarterly
Mar 20, 2024Apr 16, 2024Apr 1, 2024$0.115Quarterly
Dec 20, 2023Jan 18, 2024Jan 2, 2024$0.115Quarterly
Sep 27, 2023Oct 25, 2023Oct 10, 2023$0.115Quarterly
Jun 28, 2023Jul 25, 2023Jul 10, 2023$0.115Quarterly
Mar 28, 2023Apr 25, 2023Apr 10, 2023$0.115Quarterly
Dec 21, 2022Jan 19, 2023Jan 3, 2023$0.115Quarterly
Sep 29, 2022Oct 26, 2022Oct 11, 2022$0.115Quarterly
Jun 30, 2022Jul 26, 2022Jul 11, 2022$0.115Quarterly
Mar 29, 2022Apr 26, 2022Apr 11, 2022$0.1Quarterly
Dec 17, 2021Jan 18, 2022Jan 3, 2022$0.1Quarterly
Aug 2, 2021Oct 18, 2021Oct 1, 2021$0.1Quarterly

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