Micron Technology Inc Capital Reinvestment Ratio
Micron Technology Inc capital reinvestment ratio. Micron Technology Inc (MU) has a Capital Reinvestment Ratio of 0.45x as of February 2026, meaning it reinvests 0% of its operating cash flow ($11.90 Billion) in capital expenditures ($5.39 Billion). See MU free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Micron Technology Inc (1989–2025)
Capital reinvestment ratio of Micron Technology Inc from 1989 to 2025. This chart tracks Micron Technology Inc's Capital Reinvestment Ratio across 37 annual periods. See how financially flexible is Micron Technology Inc to measure the company's free cash flow as a share of total liabilities.
Micron Technology Inc Capital Reinvestment Ratio by Year (1989–2025)
Micron Technology Inc capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see Micron Technology Inc operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.90x | $17.52 Billion | $15.86 Billion | ▼ -8.2% |
| 2024 | 0.99x | $8.51 Billion | $8.39 Billion | ▼ -80.0% |
| 2023 | 4.92x | $1.56 Billion | $7.68 Billion | ▲ +519.4% |
| 2022 | 0.79x | $15.18 Billion | $12.07 Billion | ▼ -1.2% |
| 2021 | 0.80x | $12.47 Billion | $10.03 Billion | ▼ -18.7% |
| 2020 | 0.99x | $8.31 Billion | $8.22 Billion | ▲ +32.5% |
| 2019 | 0.75x | $13.19 Billion | $9.86 Billion | ▲ +43.1% |
| 2018 | 0.52x | $17.40 Billion | $9.09 Billion | ▼ -19.0% |
| 2017 | 0.64x | $8.15 Billion | $5.25 Billion | ▼ -65.2% |
| 2016 | 1.85x | $3.17 Billion | $5.86 Billion | ▲ +139.7% |
| 2015 | 0.77x | $5.21 Billion | $4.02 Billion | ▲ +65.5% |
| 2014 | 0.47x | $5.70 Billion | $2.66 Billion | ▼ -32.1% |
| 2013 | 0.69x | $1.81 Billion | $1.24 Billion | ▼ -14.5% |
| 2012 | 0.80x | $2.11 Billion | $1.70 Billion | ▼ -21.7% |
| 2011 | 1.03x | $2.48 Billion | $2.55 Billion | ▲ +416.0% |
| 2010 | 0.20x | $3.10 Billion | $616.00 Million | ▼ -50.8% |
| 2009 | 0.40x | $1.21 Billion | $488.00 Million | ▼ -83.7% |
| 2008 | 2.48x | $1.02 Billion | $2.53 Billion | ▼ -35.4% |
| 2007 | 3.85x | $937.00 Million | $3.60 Billion | ▲ +468.8% |
| 2006 | 0.68x | $2.02 Billion | $1.36 Billion | ▼ -21.4% |
| 2005 | 0.86x | $1.24 Billion | $1.06 Billion | ▼ -7.8% |
| 2004 | 0.93x | $1.16 Billion | $1.08 Billion | ▼ -67.7% |
| 2003 | 2.89x | $284.20 Million | $821.50 Million | ▲ +65.1% |
| 2002 | 1.75x | $578.10 Million | $1.01 Billion | ▼ -7.2% |
| 2001 | 1.89x | $789.10 Million | $1.49 Billion | ▲ +228.4% |
| 2000 | 0.57x | $2.07 Billion | $1.19 Billion | ▼ -39.4% |
| 1999 | 0.95x | $847.90 Million | $803.90 Million | ▼ -74.6% |
| 1998 | 3.74x | $189.20 Million | $707.10 Million | ▲ +336.4% |
| 1997 | 0.86x | $603.60 Million | $516.90 Million | ▼ -36.3% |
| 1996 | 1.34x | $1.06 Billion | $1.43 Billion | ▲ +91.3% |
| 1995 | 0.70x | $1.04 Billion | $730.00 Million | ▲ +56.1% |
| 1994 | 0.45x | $557.50 Million | $251.00 Million | ▲ +38.9% |
| 1993 | 0.32x | $257.30 Million | $83.40 Million | ▼ -31.0% |
| 1992 | 0.47x | $108.30 Million | $50.90 Million | ▼ -21.9% |
| 1991 | 0.60x | $86.40 Million | $52.00 Million | ▼ -31.2% |
| 1990 | 0.88x | $91.20 Million | $79.80 Million | ▼ -44.7% |
| 1989 | 1.58x | $125.90 Million | $199.10 Million | — |