Micron Technology (MU) FCF Payout Ratio (2021 - 2026)
Micron Technology's FCF Payout Ratio came in at 0.01 for fiscal Q3 2026 (quarter ended May 28, 2026), down 87.6% from 0.08 a year earlier and down 59.3% from the prior quarter.
Micron Technology (MU) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Over the trailing twelve months to May 28, 2026, Micron Technology reported FCF Payout Ratio of 0.02, down 92.2% year-over-year; for FY2025 (ended Aug 28, 2025), it came in at 0.31, down 92.6% from FY2024.
- Going back by fiscal year, FCF Payout Ratio was 4.24 in FY2024 and 0.15 in FY2022.
- The fiscal Q3 2026 figure represents the lowest quarterly FCF Payout Ratio in data going back to fiscal Q1 2022.
- Year-over-year, FCF Payout Ratio increased in 1 of the last four quarters, with growth averaging 9.2%.
- Business Quant data shows MU's FCF Payout Ratio at 0.02 (Q2 2026), 0.04 (Q1 2026) and 1.81 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | - |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 0.01 |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | - |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | - |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | - |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 0.01 |
| Feb 26, 2026 | 0.02 |
| Nov 27, 2025 | 0.04 |
| Aug 28, 2025 | 1.81 |
| May 29, 2025 | 0.08 |
| Nov 28, 2024 | 3.45 |
| Aug 29, 2024 | 0.45 |
| May 30, 2024 | 0.32 |
| Sep 1, 2022 | 0.77 |
| Jun 2, 2022 | 0.09 |
| Mar 3, 2022 | 0.11 |
| Dec 2, 2021 | 0.17 |
Micron Technology FCF Payout 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=fcf-payout-ratio&ticker=MU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-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=fcf-payout-ratio&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();