Micron Technology (MU) Invested Capital (2009 - 2026)
Micron Technology's Invested Capital was $106.45 billion in fiscal Q3 2026 (quarter ended May 28, 2026), up 60.6% from $66.29 billion a year earlier and up 28.9% from the prior quarter.
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Analysis
Micron Technology (MU) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Aug 28, 2025), Invested Capital at Micron Technology came in at $68.74 billion, up 17.5% from FY2024.
- Invested Capital has now increased for 13 consecutive fiscal years, with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- In earlier fiscal years, Invested Capital was $58.53 billion in FY2024 (+1.9%), $57.45 billion in FY2023 (+1.1%), $56.81 billion in FY2022 (+12.0%) and $50.71 billion in FY2021 (+11.1%).
- The fiscal Q3 2026 figure marks the highest quarterly Invested Capital in data going back to fiscal Q4 2009.
- Compared with a year earlier, Invested Capital has increased for eight straight quarters, with growth averaging 20.0% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q3 2026 (growth of 60.6%); the worst was fiscal Q1 2024 (a decline of 5.3%).
- Per Business Quant data, MU's Invested Capital in the three fiscal quarters before Q3 2026 was $82.6 billion (Q2 2026), $70.56 billion (Q1 2026) and $68.74 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 262.35 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 210.37 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 159.11 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 106.45 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 70.45 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 27.94 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 153.68 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 16.21 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 32.17 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 106.45 Bn |
| Feb 26, 2026 | 82.60 Bn |
| Nov 27, 2025 | 70.56 Bn |
| Aug 28, 2025 | 68.74 Bn |
| May 29, 2025 | 66.29 Bn |
| Feb 27, 2025 | 62.99 Bn |
| Nov 28, 2024 | 60.58 Bn |
| Aug 29, 2024 | 58.53 Bn |
| May 30, 2024 | 57.48 Bn |
| Feb 29, 2024 | 57.59 Bn |
| Nov 30, 2023 | 56.39 Bn |
| Aug 31, 2023 | 57.45 Bn |
| Jun 1, 2023 | 58.65 Bn |
| Mar 2, 2023 | 59.53 Bn |
| Dec 1, 2022 | 59.57 Bn |
| Sep 1, 2022 | 56.81 Bn |
| Jun 2, 2022 | 56.24 Bn |
| Mar 3, 2022 | 54.92 Bn |
| Dec 2, 2021 | 52.93 Bn |
| Sep 2, 2021 | 50.71 Bn |
API Access
Micron Technology Invested Capital 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=invested-capital&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();