Micron Technology was founded in 1978 and is headquartered in Boise, US

CEO

Micron Technology has offices in Boise, Seoul and Singapore

Boise, US (HQ)

8000 S Federal Way

Micron Technology's revenue was reported to be $5.6 b in Q3, 2017

USD

## Revenue (Q3, 2017) | 5.6 b |

## Gross profit (Q3, 2017) | 2.6 b |

## Gross profit margin (Q3, 2017), % | 47% |

## Net income (Q3, 2017) | 2.7 b |

## EBIT (Q3, 2017) | 2 b |

## Market capitalization (22-Aug-2017) | 35.8 b |

## Cash (01-Jun-2017) | 4 b |

Micron Technology's current market capitalization is $35.8 b.

- Source: SEC FIlings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 9.1 b | 16.4 b | 16.2 b | 12.4 b |

## Revenue growth, % | 80% | (1%) | (23%) | |

## Cost of goods sold | 7.2 b | 10.9 b | 11 b | 9.9 b |

## Gross profit | 1.8 b | 5.4 b | 5.2 b | 2.5 b |

## Gross profit Margin, % | 20% | 33% | 32% | 20% |

## R&D expense | 1.6 b | |||

## Operating expense total | 1.6 b | |||

## EBIT | 236 m | 3.1 b | 3 b | 168 m |

## EBIT margin, % | 3% | 19% | 19% | 1% |

## Interest expense | 231 m | 352 m | 371 m | 437 m |

## Interest income | 14 m | 23 m | 35 m | 42 m |

## Income tax expense | 8 m | 128 m | 157 m | 19 m |

## Net Income | 1.2 b | 3.1 b | 2.9 b | (275 m) |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Revenue | 4.6 b | 4.2 b | 3.9 b | 2.9 b | 2.9 b | 4 b | 4.6 b | 5.6 b |

## Cost of goods sold | 2.9 b | 2.8 b | 2.7 b | 2.4 b | 2.4 b | 3 b | 2.9 b | 3 b |

## Gross profit | 1.6 b | 1.4 b | 1.2 b | 579 m | 498 m | 1 b | 1.7 b | 2.6 b |

## Gross profit Margin, % | 36% | 34% | 31% | 20% | 17% | 25% | 37% | 47% |

## R&D expense | 376 m | 379 m | 406 m | 403 m | 382 m | 470 m | 473 m | 434 m |

## General and administrative expense | 193 m | 187 m | 169 m | |||||

## Operating expense total | 569 m | 566 m | 575 m | 403 m | 382 m | 470 m | 473 m | 434 m |

## EBIT | 1.1 b | 855 m | 631 m | (5 m) | (27 m) | 359 m | 1 b | 2 b |

## EBIT margin, % | 24% | 21% | 16% | (0%) | (1%) | 9% | 22% | 35% |

## Interest expense | 90 m | 83 m | 97 m | 97 m | 109 m | 139 m | 161 m | 153 m |

## Interest income | 7 m | 8 m | 9 m | 12 m | 10 m | 7 m | 8 m | 10 m |

## Income tax expense | (75 m) | (47 m) | (104 m) | (5 m) | (15 m) | (31 m) | (38 m) | (92 m) |

## Net Income | 1 b | 1.9 b | 2.4 b | 110 m | (105 m) | 180 m | 1.1 b | 2.7 b |

- Source: SEC FIlings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 2.9 b | 4.2 b | 2.3 b | 4.1 b |

## Inventories | 2.6 b | 2.5 b | 2.3 b | 2.9 b |

## Current Assets | 8.9 b | 10.2 b | 8.6 b | 9.5 b |

## PP&E | 7.6 b | 8.7 b | 10.6 b | 14.7 b |

## Total Assets | 19.1 b | 22.5 b | 24.1 b | 27.5 b |

## Accounts Payable | 2.1 b | 2.7 b | 2.6 b | 3.9 b |

## Total Debt | 6 b | 5 b | 6.3 b | 9.2 b |

## Current Liabilities | 4.1 b | 4.8 b | 3.9 b | 4.8 b |

## Total Liabilities | 14.6 b | |||

## Retained Earnings | (212 m) | 2.7 b | 5.6 b | 5.3 b |

## Total Equity | 10 b | 11.6 b | 13.2 b | 12.9 b |

## EPS | 2.9 | 2.7 | (0.3) | |

## Debt to Equity Ratio | 0.6 x | 0.4 x | 0.5 x | 0.7 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.3 x | 0.3 x |

## Financial Leverage | 1.9 x | 1.9 x | 1.8 x | 2.1 x |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 3.8 b | 3.5 b | 3.7 b | 3.1 b | 4.6 b | 4.1 b | 3.6 b | 4 b |

## Inventories | 2.4 b | 2.4 b | 2.4 b | 2.6 b | 2.9 b | 2.8 b | 3 b | 3.1 b |

## Current Assets | 9.7 b | 9.9 b | 10 b | 8.8 b | 10.1 b | 9.5 b | 9.9 b | 11 b |

## PP&E | 9.1 b | 9.2 b | 9.9 b | 11.8 b | 13.2 b | 15.3 b | 19.1 b | 19 b |

## Goodwill | 1.2 b | 1.2 b | ||||||

## Total Assets | 22.5 b | 23.8 b | 25.1 b | 24.8 b | 27 b | 27.8 b | 32.4 b | 33.3 b |

## Accounts Payable | 3 b | 2.7 b | 3.2 b | 3.1 b | 3.6 b | 4.2 b | 3.8 b | 3.7 b |

## Current Liabilities | 4.4 b | 4.1 b | 4.6 b | 4.4 b | 4.5 b | 5.5 b | 5.2 b | 5.1 b |

## Retained Earnings | 3.7 b | 4.6 b | 5.1 b | 5.7 b | 5.5 b | 5.5 b | 6.2 b | 7.9 b |

## Total Equity | 12.5 b | 13.2 b | 13.4 b | 13.2 b | 13 b | 13.2 b | 15.1 b | 17 b |

## Financial Leverage | 1.8 x | 1.8 x | 1.9 x | 1.9 x | 2.1 x | 2.1 x | 2.1 x | 2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 1.2 b | 3.1 b | 2.9 b | (275 m) |

## Inventories | 194 m | 116 m | (549 m) | |

## Accounts Payable | 671 m | (691 m) | 272 m | |

## Cash From Operating Activities | 1.8 b | 5.7 b | 5.2 b | 3.2 b |

## Purchases of PP&E | (1.2 b) | (2.7 b) | (4 b) | |

## Cash From Investing Activities | (1.7 b) | (2.5 b) | (6.2 b) | (3.1 b) |

## Long-term Borrowings | (743 m) | (3.8 b) | (2.3 b) | (870 m) |

## Cash From Financing Activities | 322 m | (1.9 b) | (718 m) | 1.7 b |

## Interest Paid | (107 m) | (163 m) | (226 m) | (267 m) |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Net Income | 1 b | 1.9 b | 2.4 b | 110 m | (105 m) | 180 m | 1.1 b | 2.7 b |

## Inventories | 7 m | 78 m | 75 m | (268 m) | (580 m) | 139 m | 174 m | 108 m |

## Accounts Payable | (321 m) | (488 m) | (533 m) | (67 m) | 3 m | 299 m | 399 m | 511 m |

## Cash From Operating Activities | 1.6 b | 2.8 b | 4.2 b | 1.9 b | 2.3 b | 1.1 b | 2.5 b | 5 b |

## Purchases of PP&E | (669 m) | (1.5 b) | (2.3 b) | |||||

## Cash From Investing Activities | (1.1 b) | (3.2 b) | (4.7 b) | (1 b) | (1.6 b) | (890 m) | (5.4 b) | (6.2 b) |

## Long-term Borrowings | (786 m) | (1.1 b) | (2.1 b) | (519 m) | (689 m) | (188 m) | (556 m) | (1.8 b) |

## Cash From Financing Activities | (806 m) | (144 m) | 215 m | (68 m) | 1.7 b | (212 m) | 2.3 b | 1.2 b |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 177.3 k |

## Financial Leverage | 2 x |

Source: 1 k public H-1B filings from Micron Technology

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