Micron Technology Inc (MU) — Capital Reinvestment Ratio

Latest as of February 2026: 0.45x

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 Micron Technology Inc (MU) net asset quality to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.45x
Capex / Operating Cash Flow

Operating Cash Flow

$11.90 Billion
USD

Capital Expenditures

$5.39 Billion
USD

Data as of

Feb 2026
Most recent filing

Micron Technology Inc Capital Reinvestment Ratio (1989–2025)

This chart tracks Micron Technology Inc's Capital Reinvestment Ratio across 37 annual periods. Check how aggressively does Micron Technology Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Micron Technology Inc (1989–2025)

Year-by-year Capital Reinvestment Ratio for Micron Technology Inc from 1989 to 2025. For live market cap and broader valuation context, see MU market cap overview.

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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow