Micron Technology Inc (MU) — Cash Flow Reinvestment Rate
Micron Technology Inc (MU) has a Cash Flow Reinvestment Rate of 0.49x as of February 2026, reinvesting $5.82 Billion (capex $5.39 Billion plus investments $-432.00 Million) from operating cash flow of $11.90 Billion. Check MU cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Micron Technology Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Micron Technology Inc across 37 annual periods. Explore MU long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Micron Technology Inc (1989–2025)
Year-by-year capital reinvestment analysis for Micron Technology Inc. For live market cap and broader valuation context, see market value of Micron Technology Inc.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.71x | $29.94 Billion | $17.52 Billion | $15.86 Billion | ▼ -12.9% |
| 2024 | 1.96x | $16.70 Billion | $8.51 Billion | $8.39 Billion | ▼ -77.9% |
| 2023 | 8.89x | $13.87 Billion | $1.56 Billion | $7.68 Billion | ▲ +1004.8% |
| 2022 | 0.81x | $12.22 Billion | $15.18 Billion | $12.07 Billion | ▼ -9.5% |
| 2021 | 0.89x | $11.09 Billion | $12.47 Billion | $10.03 Billion | ▼ -53.3% |
| 2020 | 1.90x | $15.81 Billion | $8.31 Billion | $8.22 Billion | ▲ +127.7% |
| 2019 | 0.84x | $11.03 Billion | $13.19 Billion | $9.86 Billion | ▲ +57.3% |
| 2018 | 0.53x | $9.25 Billion | $17.40 Billion | $9.09 Billion | ▼ -21.5% |
| 2017 | 0.68x | $5.52 Billion | $8.15 Billion | $5.25 Billion | ▼ -74.9% |
| 2016 | 2.69x | $8.53 Billion | $3.17 Billion | $5.86 Billion | ▲ +127.6% |
| 2015 | 1.18x | $6.16 Billion | $5.21 Billion | $4.02 Billion | ▲ +120.5% |
| 2014 | 0.54x | $3.06 Billion | $5.70 Billion | $2.66 Billion | ▼ -34.8% |
| 2013 | 0.82x | $1.49 Billion | $1.81 Billion | $1.24 Billion | ▼ -24.3% |
| 2012 | 1.09x | $2.30 Billion | $2.11 Billion | $1.70 Billion | ▲ +4.6% |
| 2011 | 1.04x | $2.58 Billion | $2.48 Billion | $2.55 Billion | ▲ +422.2% |
| 2010 | 0.20x | $616.00 Million | $3.10 Billion | $616.00 Million | ▼ -50.8% |
| 2009 | 0.40x | $488.00 Million | $1.21 Billion | $488.00 Million | ▼ -83.7% |
| 2008 | 2.48x | $2.53 Billion | $1.02 Billion | $2.53 Billion | ▼ -35.4% |
| 2007 | 3.85x | $3.60 Billion | $937.00 Million | $3.60 Billion | ▲ +468.8% |
| 2006 | 0.68x | $1.36 Billion | $2.02 Billion | $1.36 Billion | ▼ -21.4% |
| 2005 | 0.86x | $1.06 Billion | $1.24 Billion | $1.06 Billion | ▼ -7.8% |
| 2004 | 0.93x | $1.08 Billion | $1.16 Billion | $1.08 Billion | ▼ -67.7% |
| 2003 | 2.89x | $821.50 Million | $284.20 Million | $821.50 Million | ▲ +65.1% |
| 2002 | 1.75x | $1.01 Billion | $578.10 Million | $1.01 Billion | ▼ -7.2% |
| 2001 | 1.89x | $1.49 Billion | $789.10 Million | $1.49 Billion | ▲ +228.4% |
| 2000 | 0.57x | $1.19 Billion | $2.07 Billion | $1.19 Billion | ▼ -39.4% |
| 1999 | 0.95x | $803.90 Million | $847.90 Million | $803.90 Million | ▼ -74.6% |
| 1998 | 3.74x | $707.10 Million | $189.20 Million | $707.10 Million | ▲ +336.4% |
| 1997 | 0.86x | $516.90 Million | $603.60 Million | $516.90 Million | ▼ -36.3% |
| 1996 | 1.34x | $1.43 Billion | $1.06 Billion | $1.43 Billion | ▲ +91.3% |
| 1995 | 0.70x | $730.00 Million | $1.04 Billion | $730.00 Million | ▲ +56.1% |
| 1994 | 0.45x | $251.00 Million | $557.50 Million | $251.00 Million | ▲ +38.9% |
| 1993 | 0.32x | $83.40 Million | $257.30 Million | $83.40 Million | ▼ -31.0% |
| 1992 | 0.47x | $50.90 Million | $108.30 Million | $50.90 Million | ▼ -21.9% |
| 1991 | 0.60x | $52.00 Million | $86.40 Million | $52.00 Million | ▼ -31.2% |
| 1990 | 0.88x | $79.80 Million | $91.20 Million | $79.80 Million | ▼ -44.7% |
| 1989 | 1.58x | $199.10 Million | $125.90 Million | $199.10 Million | — |