Micron Technology Inc

NASDAQ:MU USA Semiconductors
Market Cap
$519.64 Billion
Market Cap Rank
#23 Global
#16 in USA
Share Price
$461.69
Change (1 day)
+4.50%
52-Week Range
$64.72 - $461.69
All Time High
$461.69
Categories
Companies in USA Semiconductors Technology AI & Machine Learning
About

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, incl… Read more

Micron Technology Inc (MU) - Net Assets

Latest net assets as of November 2025: $58.81 Billion USD

Based on the latest financial reports, Micron Technology Inc (MU) has net assets worth $58.81 Billion USD as of November 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.97 Billion) and total liabilities ($27.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $58.81 Billion
% of Total Assets 68.4%
Annual Growth Rate 17.28%
5-Year Change 23.29%
10-Year Change 318.97%
Growth Volatility 51.59

Micron Technology Inc - Net Assets Trend (1985–2025)

This chart illustrates how Micron Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Micron Technology Inc (1985–2025)

The table below shows the annual net assets of Micron Technology Inc from 1985 to 2025.

Year Net Assets Change
2025-08-31 $54.16 Billion +20.02%
2024-08-31 $45.13 Billion +2.29%
2023-08-31 $44.12 Billion -11.60%
2022-08-31 $49.91 Billion +13.60%
2021-08-31 $43.93 Billion +12.66%
2020-08-31 $39.00 Billion +6.05%
2019-08-31 $36.77 Billion +10.87%
2018-08-31 $33.16 Billion +70.33%
2017-08-31 $19.47 Billion +50.60%
2016-08-31 $12.93 Billion -2.35%
2015-08-31 $13.24 Billion +13.70%
2014-08-31 $11.64 Billion +16.37%
2013-08-31 $10.01 Billion +18.88%
2012-08-31 $8.42 Billion -14.57%
2011-08-31 $9.85 Billion +0.37%
2010-08-31 $9.82 Billion +41.46%
2009-08-31 $6.94 Billion -23.27%
2008-08-31 $9.04 Billion -12.70%
2007-08-31 $10.36 Billion +6.99%
2006-08-31 $9.68 Billion +65.58%
2005-08-31 $5.85 Billion +4.14%
2004-08-31 $5.62 Billion +12.96%
2003-08-31 $4.97 Billion -21.18%
2002-08-31 $6.31 Billion -11.61%
2001-08-31 $7.13 Billion +4.17%
2000-08-31 $6.85 Billion +65.75%
1999-08-31 $4.13 Billion +45.60%
1998-08-31 $2.84 Billion -6.01%
1997-08-31 $3.02 Billion +18.15%
1996-08-31 $2.56 Billion +34.79%
1995-08-31 $1.90 Billion +80.71%
1994-08-31 $1.05 Billion +64.08%
1993-08-31 $639.50 Million +25.10%
1992-08-31 $511.20 Million +3.31%
1991-08-31 $494.80 Million +2.19%
1990-08-31 $484.20 Million +1.59%
1989-08-31 $476.60 Million +65.49%
1988-08-31 $288.00 Million +296.69%
1987-08-31 $72.60 Million -8.22%
1986-08-31 $79.10 Million -14.12%
1985-08-31 $92.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Micron Technology Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 252936.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (August 2025)

Component Amount Percentage
Retained Earnings $48.58 Billion 89.69%
Common Stock $127.00 Million 0.23%
Other Comprehensive Income $-32.00 Million -0.06%
Other Components $5.49 Billion 10.13%
Total Equity $54.16 Billion 100.00%

Micron Technology Inc Competitors by Market Cap

The table below lists competitors of Micron Technology Inc ranked by their market capitalization.

Company Market Cap
State Bank of India GDR
LSE:SBID
 		$471.55 Billion
ASML HOLDING NY EO-09
F:ASMF
 		$473.84 Billion
Visa Inc. Class A
NYSE:V
 		$536.66 Billion
Visa Inc. Cl A
LSE:0QZ0
 		$537.58 Billion
Mastercard Inc
NYSE:MA
 		$450.90 Billion
Costco Wholesale Corp
NASDAQ:COST
 		$434.25 Billion
China Yangtze Power Co. Ltd. GDR
LSE:CYPC
 		$403.53 Billion
Netflix Inc
NASDAQ:NFLX
 		$395.65 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Micron Technology Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 45,131,000,000 to 54,165,000,000, a change of 9,034,000,000 (20.0%).
  • Net income of 8,539,000,000 contributed positively to equity growth.
  • Dividend payments of 522,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 102,000,000.
  • Other factors increased equity by 915,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $8.54 Billion +15.76%
Dividends Paid $522.00 Million -0.96%
Other Comprehensive Income $102.00 Million +0.19%
Other Changes $915.00 Million +1.69%
Total Change $- 20.02%

Book Value vs Market Value Analysis

This analysis compares Micron Technology Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 9.59x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 960.48x to 9.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-08-31 $0.48 $461.69 x
1986-08-31 $0.42 $461.69 x
1987-08-31 $0.32 $461.69 x
1988-08-31 $0.97 $461.69 x
1989-08-31 $1.30 $461.69 x
1990-08-31 $1.31 $461.69 x
1991-08-31 $1.10 $461.69 x
1992-08-31 $1.55 $461.69 x
1993-08-31 $1.60 $461.69 x
1994-08-31 $2.49 $461.69 x
1995-08-31 $4.39 $461.69 x
1996-08-31 $5.82 $461.69 x
1997-08-31 $6.59 $461.69 x
1998-08-31 $6.32 $461.69 x
1999-08-31 $7.60 $461.69 x
2000-08-31 $10.62 $461.69 x
2001-08-31 $12.04 $461.69 x
2002-08-31 $10.48 $461.69 x
2003-08-31 $8.18 $461.69 x
2004-08-31 $8.58 $461.69 x
2005-08-31 $9.02 $461.69 x
2006-08-31 $11.19 $461.69 x
2007-08-31 $10.08 $461.69 x
2008-08-31 $8.00 $461.69 x
2009-08-31 $6.19 $461.69 x
2010-08-31 $7.63 $461.69 x
2011-08-31 $8.41 $461.69 x
2012-08-31 $7.77 $461.69 x
2013-08-31 $8.65 $461.69 x
2014-08-31 $8.99 $461.69 x
2015-08-31 $10.51 $461.69 x
2016-08-31 $11.66 $461.69 x
2017-08-31 $16.14 $461.69 x
2018-08-31 $26.28 $461.69 x
2019-08-31 $31.39 $461.69 x
2020-08-31 $34.48 $461.69 x
2021-08-31 $38.50 $461.69 x
2022-08-31 $44.48 $461.69 x
2023-08-31 $40.37 $461.69 x
2024-08-31 $40.37 $461.69 x
2025-08-31 $48.15 $461.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Micron Technology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 15.76%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.84%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.53x
  • Recent ROE (15.76%) is above the historical average (5.64%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 0.22% 0.26% 0.57x 1.44x $-9.01 Million
1986 -42.86% -69.33% 0.37x 1.67x $-41.81 Million
1987 -31.54% -25.11% 0.71x 1.78x $-30.16 Million
1988 34.03% 32.61% 0.77x 1.35x $69.20 Million
1989 22.26% 23.77% 0.71x 1.31x $58.44 Million
1990 1.01% 1.47% 0.48x 1.44x $-43.52 Million
1991 1.03% 1.20% 0.60x 1.43x $-44.38 Million
1992 1.29% 1.30% 0.70x 1.42x $-44.52 Million
1993 16.28% 12.57% 0.86x 1.51x $40.15 Million
1994 38.17% 24.59% 1.06x 1.46x $295.57 Million
1995 44.52% 28.59% 1.06x 1.46x $654.48 Million
1996 23.72% 16.24% 0.97x 1.50x $343.30 Million
1997 11.52% 9.45% 0.72x 1.68x $43.89 Million
1998 -8.68% -7.76% 0.64x 1.74x $-503.00 Million
1999 -1.74% -1.83% 0.54x 1.76x $-465.31 Million
2000 23.39% 20.50% 0.76x 1.50x $861.00 Million
2001 -8.76% -15.88% 0.47x 1.17x $-1.34 Billion
2002 -14.38% -35.03% 0.34x 1.20x $-1.54 Billion
2003 -25.61% -41.19% 0.43x 1.44x $-1.77 Billion
2004 2.80% 3.57% 0.57x 1.38x $-404.28 Million
2005 3.22% 3.85% 0.61x 1.37x $-396.68 Million
2006 5.03% 7.74% 0.43x 1.51x $-403.40 Million
2007 -4.13% -5.63% 0.38x 1.91x $-1.10 Billion
2008 -26.21% -27.72% 0.43x 2.17x $-2.24 Billion
2009 -38.00% -39.18% 0.42x 2.31x $-2.38 Billion
2010 23.07% 21.81% 0.58x 1.83x $1.05 Billion
2011 1.97% 1.90% 0.60x 1.74x $-680.00 Million
2012 -13.40% -12.53% 0.57x 1.86x $-1.80 Billion
2013 13.02% 13.12% 0.47x 2.09x $275.80 Million
2014 28.27% 18.61% 0.73x 2.09x $1.97 Billion
2015 23.57% 17.90% 0.67x 1.96x $1.67 Billion
2016 -2.28% -2.23% 0.45x 2.28x $-1.48 Billion
2017 27.33% 25.04% 0.58x 1.90x $3.23 Billion
2018 43.77% 46.51% 0.70x 1.34x $10.91 Billion
2019 17.59% 26.97% 0.48x 1.36x $2.72 Billion
2020 6.89% 12.54% 0.40x 1.38x $-1.21 Billion
2021 13.34% 21.16% 0.47x 1.34x $1.47 Billion
2022 17.41% 28.24% 0.46x 1.33x $3.70 Billion
2023 -13.22% -37.54% 0.24x 1.46x $-10.24 Billion
2024 1.72% 3.10% 0.36x 1.54x $-3.74 Billion
2025 15.76% 22.84% 0.45x 1.53x $3.12 Billion

Industry Comparison

This section compares Micron Technology Inc's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $1,032,397,694
  • Average return on equity (ROE) among peers: -33.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Micron Technology Inc (MU) $58.81 Billion 0.22% 0.46x $471.24 Billion
Analog Devices Inc (ADI) $3.80 Billion 22.85% 0.39x $150.01 Billion
Arteris Inc (AIP) $-14.63 Million 0.00% 0.00x $535.54 Million
Astera Labs, Inc. (ALAB) $-85.29 Million 0.00% 0.00x $17.81 Billion
Allegro Microsystems Inc (ALGM) $634.13 Million 5.83% 0.29x $3.98 Billion
Aeluma, Inc (ALMU) $5.10 Million -67.68% 0.16x $159.25 Million
Ambiq Micro, Inc. (AMBQ) $89.01 Million -28.47% 0.18x $419.98 Million
Advanced Micro Devices Inc (AMD) $187.00 Million -215.51% 19.14x $318.29 Billion
AMSSD (AMSSD) $1.91 Billion -84.67% 2.89x $27.31K
Alpha and Omega Semiconductor Ltd (AOSL) $260.25 Million 14.53% 0.34x $512.72 Million
Arm Holdings plc American Depositary Shares (ARM) $3.55 Billion 15.47% 0.83x $17.42 Billion