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Micron TechnologyMU -5.90%80 Earnings per Share (Diluted) is $44.17 as of May. 2026. GuruFocus rates MU with a GF Score™ of 80/100 and a GF Value™ of $550.45 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 757 Semiconductors companies, Micron Technology ranks better than 54.69% on this metric.
Micron Technology's EPS (Basic) for the
three
months ended in May. 2026 was $25.03.
Its EPS (Basic) for the trailing twelve months (TTM) ended in May. 2026 was $44.80.
During the past 12 months, Micron Technology's average EPS without NRIGrowth Rate was 600.60% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -0.20% per year.
During the past 13 years, Micron Technology's highest 3-Year average EPS without NRI Growth Rate was 373.00% per year. The lowest was -135.00% per year. And the median was 5.75% per year.
Micron Technology (NAS:MU) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Micron Technology Earnings per Share (Diluted) Related Terms
Micron Technology Earnings per Share (Diluted) Historical Data
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The historical data trend for Micron Technology's Earnings per Share (Diluted) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Micron Technology Earnings per Share (Diluted) Chart
MU vs AMD, INTC, AVGO: Earnings per Share (Diluted) Comparison
For the Semiconductors subindustry, Micron Technology's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Micron Technology PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's PE Ratio distribution charts can be found below:
* The bar in red indicates where Micron Technology's PE Ratio falls into.
Micron Technology Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Micron Technology's Earnings Per Share (Diluted) for the fiscal year that ended in Aug. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.17
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $44.17 mean?
Micron Technology (MU) has a Earnings per Share (Diluted) of $44.17 as of May. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Micron Technology and its competitors. According to the industry distribution chart, Micron Technology ranks #343 out of 757 companies in the Semiconductors industry, placing it in the top 45.3%.
Is Micron Technology's Earnings per Share (Diluted) too high?
Micron Technology's current Earnings per Share (Diluted) is $44.17. Based on the distribution chart, Micron Technology ranks #343 out of 757 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micron Technology has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Earnings per Share (Diluted) compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #343 out of 757 companies for Earnings per Share (Diluted). This puts Micron Technology in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Semiconductors company?
A good Earnings per Share (Diluted) depends on the Semiconductors industry context. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Micron Technology and its competitors. Micron Technology's current Earnings per Share (Diluted) is $44.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MU) is currently considered Significantly Overvalued. The stock's GF Value™ is $550.45, compared to a current price of $823.03 — trading 49.5% above its estimated fair value. The current Earnings per Share (Diluted) is $44.17. Micron Technology's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Micron Technology (MU), the current Earnings per Share (Diluted) is $44.17 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Micron Technology (MU) Overvalued in 2026?
Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued.
The current stock price of $823.03 is trading 49.5% above its estimated GF Value™ of $550.45.
GuruFocus considers Micron Technology to be Significantly Overvalued.
Key valuation signals for MU:
Earnings per Share (Diluted): $44.17
GF Value™: $550.45 vs. price of $823.03 (49.5% above fair value)
No single metric tells the full story. See the MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
80GF Score
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