Micron Technology price to free cash flow MU
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 16.8×
- 9-year median
- 39.2×
- Against its 9-year history
- 38th
- percentile: 0 is its lowest day, 100 its highest
- 9-year range
- 3.8× to 228×
- Peer median
- 51.9×
Micron Technology's price to free cash flow is 16.8× as of Oct 23, 2026.
That is below its 9-year median of 39.2×, close to the middle of its last 9 years.
Over that time it ranged from 3.8× in Dec 2018 to 228× in Jun 2025.
The median for 10 semiconductor stocks of a similar size is 51.9×.
Price to free cash flow over time
The dashed line is the 9-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.8× | 16.8× | 124× |
| 2025 | 68.9× | 62.4× | 228× |
| 2024 | 178× | 178× | 181× |
| 2023 | 71.4× | 64.1× | 74.5× |
| 2022 | 58.3× | 11.5× | 58.6× |
| 2021 | 42.7× | 31.0× | 165× |
| 2020 | 193× | 29.3× | 193× |
| 2019 | 43.9× | 4.1× | 44.7× |
| 2018 | 4.0× | 3.8× | 13.4× |
| 2017 | 9.1× | 9.1× | 102× |
| 2016 | 29.0× | 26.4× | 35.1× |
| 2015 | 13.0× | 7.4× | 15.1× |
| 2014 | 12.4× | 8.3× | 38.9× |
| 2013 | 39.9× | 15.1× | 77.3× |
| 2012 | 15.0× | 13.4× | 16.8× |
Against its peers
Companies in Semiconductors nearest Micron Technology's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| MUMicron Technology | 16.8× |
| AMDAdvanced Micro Devices | 100× |
| AVGOBroadcom | 39.0× |
| INTCIntel | 155× |
| AMATApplied Materials | 53.2× |
| LRCXLam Research | n/m |
| TXNTexas Instruments | n/m |
| MRVLMarvell Technology | 116× |
| NVDANVIDIA | 40.0× |
| KLACKLA | 50.5× |
| ADIAnalog Devices | 38.4× |
| Peer median | 51.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Micron Technology
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.