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. Explore reinvestment intensity of Micron Technology Inc to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Micron Technology Inc asset portfolio for the complete picture of this company's asset base.
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 Micron Technology Inc (MU) market capitalisation.
| 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 | — |