Company Growth (employees)
Micron Technology was founded in 1978 and is headquartered in Boise, US
Key People at Micron Technology
Mark Durcan
CEO
Micron Technology Office Locations
Micron Technology has offices in Boise, Seoul and Singapore
Boise, US (HQ)
8000 S Federal Way
Micron Technology Data and Metrics
Micron Technology Financial Metrics
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 |
Micron Technology Market Value History
Micron Technology Revenue Breakdown
Micron Technology Median Salaries
Source: 1 k public H-1B filings from Micron Technology
Market Position of Micron Technology
Traffic Overview of Micron Technology
Micron Technology Online and Social Media Presence
Micron Technology News and Updates
February 22, 2017
Toshiba's shares are finally rising as its chip business reels in suitors
Toshiba's shares closed more than 22 per cent higher after Japanese trading today on news rivals are interested in its chip business. A Nikkei Business Daily report suggested the troubled Japanese conglomerate has asked potential bidders to value its prized memory chip business at 2 trillion yen …
February 21, 2017
Toshiba is looking to raise £7bn from its chip unit sale
Toshiba's shares dipped again today as it prepares to raise at least 1 trillion yen (£7.1bn) from the sale of its flash memory chip business, a source told Reuters. The embattled Japanese firm is working to fill a multi-billion pound hole in its US nuclear business by selling a majority stake or …
January 12, 2017
Financial companies lead stocks down; oil rises
Banks and other financial companies led U.S. stocks modestly lower Thursday, wiping out much of the market's Wednesday gains. Phone companies, real estate, utilities and healthcare stocks eked out gains. Energy, technology and other stocks that posted big gains in the weeks after the November el…
January 11, 2017
Samsung was granted more US patents than any other company in 2016
Samsung has taken the top spot in a ranking of companies sorted by how many US patents they were granted in 2016.
Sqoop is an online service that tracks patents and court documents, and the site has published its ranking of companies according to how many patents they were g…
January 05, 2017
Common Sense: 2016’s Winning Investors Talk About 2017, and Donald Trump
Investors who made the correct — and often bold — calls of last year see opportunities in the uncharted waters of the year ahead.
October 14, 2016
Here’s What IBM and Google Are Doing to Take on Intel
They're banding together with seven other tech firms, including Dell-EMC and HPE.