Micron TechnologyMIL:1MU -7.54%70 Net Margin % is 57.77% as of Feb. 2026, which is 163% above its 10-year median of 22.00. 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 1,023 Semiconductors companies, Micron Technology ranks better than 97.56% on this metric.
The historical rank and industry rank for Micron Technology's Net Margin % or its related term are showing as below:
MIL:1MU'
s Net Margin % Range Over the Past 10 Years
Min: -37.54 Med: 22 Max: 46.51
Current: 41.49
MIL:1MU's Net Margin % is ranked better than 97.56% of 1023
companies
in the Semiconductors industry
Industry Median: 4.15
vs MIL:1MU: 41.49
Micron Technology (MIL:1MU) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Micron Technology Net Margin % Related Terms
Micron Technology Net Margin % Historical Data
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The historical data trend for Micron Technology's Net 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.
MIL:1MU vs AMD, INTC, TXN: Net Margin % Comparison
For the Semiconductors subindustry, Micron Technology's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's Net Margin % distribution charts can be found below:
* The bar in red indicates where Micron Technology's Net Margin % falls into.
* 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 (MIL:1MU) has a Net Margin % of 57.77% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Micron Technology and its competitors. This is 163% above median its historical median of 22.00. According to the industry distribution chart, Micron Technology ranks #25 out of 1023 companies in the Semiconductors industry, placing it in the top 2.4%.
Is Micron Technology's Net Margin % too high?
Micron Technology's current Net Margin % of 57.77% is 163% above median its 10-year median of 22.00. The Semiconductors industry median Net Margin % is 4.15. Micron Technology's value of 57.77% is 1292% above this industry median. Based on the distribution chart, Micron Technology ranks #25 out of 1023 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 Net Margin % compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #25 out of 1023 companies for Net Margin %. This places Micron Technology in the top 2% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.15. Micron Technology's value of 57.77% is 1292% above this benchmark. While the company's 10-year median is 22.00 vs. the industry median of 4.15, Micron Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.15, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current Net Margin % of 57.77% is 1292% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Micron Technology and its competitors. For the Semiconductors industry, the median Net Margin % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current Net Margin % is 57.77%, which is 163% above median its own 10-year median of 22.00. 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 Net Margin % is 57.77%, which is 163% above median its 10-year median of 22.00 and 1292% above the Semiconductors industry median of 4.15. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Micron Technology (MIL:1MU), the current Net Margin % is 57.77% 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:
Net Margin %: 57.77% (163% above median its 10-year median of 22.00)
GF Value™: €356.20 vs. price of €949.90 (166.7% above fair value)
Industry Position: 1292% above the Semiconductors median (#25 of 1023)
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 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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