Micron Technology (MU) Asset Utilization Ratio (2010 - 2026)
Micron Technology's Asset Utilization Ratio came in at 0.81 for fiscal Q4 2026 (quarter ended Sep 3, 2026), up 74.1% from 0.46 a year earlier and up 5.3% from the prior quarter.
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Analysis
Micron Technology (MU) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2026 (ended Sep 3, 2026), Micron Technology's Asset Utilization Ratio was 0.96, up 94.6% from FY2025.
- Asset Utilization Ratio has increased in each of the last three fiscal years.
- Going back by fiscal year, Asset Utilization Ratio was 0.49 in FY2025 (+30.7%), 0.38 in FY2024 (+57.8%), 0.24 in FY2023 (-51.6%) and 0.49 in FY2022 (-0.2%).
- The fiscal Q4 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2011.
- Year-over-year, Asset Utilization Ratio has increased for ten consecutive quarters, with growth averaging 48.7% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2026 (growth of 74.1%), and the weakest in fiscal Q4 2023 (a decline of 48.8%).
- Business Quant data shows MU's Asset Utilization Ratio at 0.77 (Q3 2026), 0.62 (Q2 2026) and 0.50 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 1.05 |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 0.14 |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 0.49 |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 0.81 |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 0.50 |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | 0.69 |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | 0.28 |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 0.74 |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 1.05 |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 0.57 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 3, 2026 | 0.81 |
| May 28, 2026 | 0.77 |
| Feb 26, 2026 | 0.62 |
| Nov 27, 2025 | 0.50 |
| Aug 28, 2025 | 0.46 |
| May 29, 2025 | 0.45 |
| Feb 27, 2025 | 0.43 |
| Nov 28, 2024 | 0.41 |
| Aug 29, 2024 | 0.37 |
| May 30, 2024 | 0.32 |
| Feb 29, 2024 | 0.28 |
| Nov 30, 2023 | 0.25 |
| Aug 31, 2023 | 0.24 |
| Jun 1, 2023 | 0.27 |
| Mar 2, 2023 | 0.34 |
| Dec 1, 2022 | 0.40 |
| Sep 1, 2022 | 0.47 |
| Jun 2, 2022 | 0.50 |
| Mar 3, 2022 | 0.50 |
| Dec 2, 2021 | 0.49 |
API Access
Micron Technology Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();