Micron Technology Inc (MU) — Cash Flow Quality Index

Latest as of February 2026: 0.86x

Micron Technology Inc (MU) has a Cash Flow Quality Index of 0.86x as of February 2026. Operating cash flow of $11.90 Billion is below net income of $13.79 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Micron Technology Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.86x
Operating CF / Net Income

Operating Cash Flow

$11.90 Billion
USD

Net Income

$13.79 Billion
USD

Data as of

Feb 2026
Most recent filing

Micron Technology Inc Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for Micron Technology Inc across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Micron Technology Inc cash flow conversion.

Annual Cash Flow Quality Index for Micron Technology Inc (1989–2025)

Year-by-year earnings quality comparison for Micron Technology Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.05x $17.52 Billion $8.54 Billion ▼ -81.2%
2024 10.93x $8.51 Billion $778.00 Million ▲ +525.7%
2022 1.75x $15.18 Billion $8.69 Billion ▼ -17.9%
2021 2.13x $12.47 Billion $5.86 Billion ▼ -30.6%
2020 3.06x $8.31 Billion $2.71 Billion ▲ +47.8%
2019 2.07x $13.19 Billion $6.36 Billion ▲ +68.6%
2018 1.23x $17.40 Billion $14.14 Billion ▼ -23.2%
2017 1.60x $8.15 Billion $5.09 Billion ▼ -10.8%
2015 1.80x $5.21 Billion $2.90 Billion ▼ -2.9%
2014 1.85x $5.70 Billion $3.08 Billion ▲ +22.0%
2013 1.52x $1.81 Billion $1.19 Billion ▼ -88.4%
2011 13.07x $2.48 Billion $190.00 Million ▲ +702.3%
2010 1.63x $3.10 Billion $1.90 Billion ▼ -67.1%
2006 4.95x $2.02 Billion $408.00 Million ▼ -24.8%
2005 6.58x $1.24 Billion $188.00 Million ▼ -10.7%
2004 7.37x $1.16 Billion $157.20 Million ▲ +436.1%
2000 1.38x $2.07 Billion $1.50 Billion ▼ -24.3%
1997 1.82x $603.60 Million $332.20 Million ▲ +1.7%
1996 1.79x $1.06 Billion $593.50 Million ▲ +45.2%
1995 1.23x $1.04 Billion $844.10 Million ▼ -11.6%
1994 1.39x $557.50 Million $400.50 Million ▼ -43.7%
1993 2.47x $257.30 Million $104.10 Million ▼ -84.9%
1992 16.41x $108.30 Million $6.60 Million ▼ -3.1%
1991 16.94x $86.40 Million $5.10 Million ▼ -9.0%
1990 18.61x $91.20 Million $4.90 Million ▲ +1468.5%
1989 1.19x $125.90 Million $106.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.