Micron Technology (MIL:1MU) FCF Margin %: 23.12% (As of Feb. 2026) — 249% Above Median


MIL:1MU Micron Technology Inc MIL:1MU
70 GF Score
Price €949.90
GF Value €356.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Micron Technology FCF Margin %?

Micron Technology MIL:1MU -7.54% 70 FCF Margin % is 23.12% as of Feb. 2026, which is 249% above its 10-year median of 6.63. GuruFocus rates MIL:1MU with a GF Score™ of 70/100 and a GF Value™ of €356.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,022 Semiconductors companies, Micron Technology ranks better than 85.71% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Micron Technology's Free Cash Flow for the three months ended in Feb. 2026 was €4,667 Mil. Micron Technology's Revenue for the three months ended in Feb. 2026 was €20,186 Mil. Therefore, Micron Technology's FCF Margin % for the quarter that ended in Feb. 2026 was 23.12%.

As of today, Micron Technology's current FCF Yield % is 0.87%.

The historical rank and industry rank for Micron Technology's FCF Margin % or its related term are showing as below:

MIL:1MU' s FCF Margin % Range Over the Past 10 Years
Min: -39.36   Med: 6.63   Max: 28.04
Current: 17.66


During the past 13 years, the highest FCF Margin % of Micron Technology was 28.04%. The lowest was -39.36%. And the median was 6.63%.

MIL:1MU's FCF Margin % is ranked better than
85.71% of 1022 companies
in the Semiconductors industry
Industry Median: -0.8 vs MIL:1MU: 17.66


Micron Technology FCF Margin % Related Terms


Micron Technology FCF Margin % Historical Data

* Premium members only.

The historical data trend for Micron Technology's FCF Margin % 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 FCF Margin % Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 10.12 -39.36 0.48 4.46

Micron Technology Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.40 17.97 0.64 22.15 23.12

MIL:1MU vs AMD, INTC, TXN: FCF Margin % Comparison

For the Semiconductors subindustry, Micron Technology's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Micron Technology's FCF Margin % falls into.


MIL:1MU
70GF Score
Micron Technology Inc MIL:1MU
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Technology FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Micron Technology's FCF Margin for the fiscal year that ended in Aug. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=1432.812/32107.702
=4.46 %

Micron Technology's FCF Margin for the quarter that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=4666.536/20185.56
=23.12 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 23.12% mean?
Micron Technology (MIL:1MU) has a FCF Margin % of 23.12% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Micron Technology and its competitors. This is 249% above median its historical median of 6.63. According to the industry distribution chart, Micron Technology ranks #146 out of 1022 companies in the Semiconductors industry, placing it in the top 14.3%.
Is Micron Technology's FCF Margin % too high?
Micron Technology's current FCF Margin % of 23.12% is 249% above median its 10-year median of 6.63. Based on the distribution chart, Micron Technology ranks #146 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micron Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's FCF Margin % compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #146 out of 1022 companies for FCF Margin %. This places Micron Technology in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Micron Technology and its competitors. Micron Technology's current FCF Margin % is 23.12%, which is 249% above median its own 10-year median of 6.63. 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 (MIL:1MU) is currently considered Significantly Overvalued. The stock's GF Value™ is €356.20, compared to a current price of €949.90 — trading 166.7% above its estimated fair value. The current FCF Margin % is 23.12%, which is 249% above median its 10-year median of 6.63. Micron Technology's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Micron Technology (MIL:1MU), the current FCF Margin % is 23.12% as of Feb. 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 (MIL:1MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of €949.90 is trading 166.7% above its estimated GF Value™ of €356.20. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MIL:1MU:

  • FCF Margin %: 23.12% (249% above median its 10-year median of 6.63)
  • GF Value™: €356.20 vs. price of €949.90 (166.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the MIL:1MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
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.
70GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€949.90
Price
€356.20
GF Value