Micron Technology (MU) Asset Utilization Ratio (2010 - 2026)
Micron Technology's Asset Utilization Ratio came in at 0.77 for fiscal Q3 2026 (quarter ended May 28, 2026), up 71.6% from 0.45 a year earlier and up 23.6% from the prior quarter.
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Analysis
Micron Technology (MU) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 28, 2025), Micron Technology's Asset Utilization Ratio was 0.49, up 30.7% from FY2024.
- Going back by fiscal year, Asset Utilization Ratio was 0.38 in FY2024 (+57.8%), 0.24 in FY2023 (-51.6%), 0.49 in FY2022 (-0.2%) and 0.49 in FY2021 (+17.8%).
- The fiscal Q3 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 nine consecutive quarters, with growth averaging 46.3% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q3 2026 (growth of 71.6%), and the weakest in fiscal Q4 2023 (a decline of 48.8%).
- Business Quant data shows MU's Asset Utilization Ratio at 0.62 (Q2 2026), 0.50 (Q1 2026) and 0.46 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 1.05 |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 0.14 |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 0.49 |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 0.77 |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 0.50 |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 0.70 |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 0.28 |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.05 |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 0.74 |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 2, 2021 | 0.48 |
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();