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 free cash flow generation of Micron Technology Inc to measure how efficiently the company converts operating cash flow to free cash.
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.
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 market value of Micron Technology Inc.
| 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