Micron Technology (MU) Price to Earnings (2009 - 2026)
Micron Technology's (MU) quarterly Price to Earnings came in at 36.93 in Q2 2026, down 35.97% year-over-year from 57.68 in Q2 2025, and up 8.63% quarter-over-quarter from 33.99 in Q1 2026.
Analysis
Micron Technology (MU) Price to Earnings (2009 - 2026) Analysis & Trends
Micron Technology has disclosed Price to Earnings across 18 years of filings, most recently posting 36.93 for Q2 2026.
- In Q2 2026, Price to Earnings fell 35.97% year-over-year to 36.93; the TTM figure through May 2026 stood at 20.66 (up 18.56% YoY), while the FY2025 annual figure was 16.05, down 88.05% from the prior year.
- Price to Earnings came in at 36.93 for Q2 2026 at Micron Technology, up from 33.99 in the prior quarter.
- In the past five years, Price to Earnings ranged from a high of 414.37 in Q2 2024 to a low of 329.02 in Q4 2022.
- Average Price to Earnings over 5 years is 33.62, with a median of 42.32 recorded in 2022.
- Year-over-year, Price to Earnings slumped 915.94% in 2022 and soared 1136.28% in 2024.
- Over 5 years, Price to Earnings stood at 329.02 in 2022, then jumped by 79.2% to 68.43 in 2023, then surged by 185.53% to 58.53 in 2024, then slipped by 15.34% to 49.56 in 2025, then retreated by 25.48% to 36.93 in 2026.
- Per Business Quant data, the three most recent Price to Earnings figures were 36.93 in Q2 2026, 33.99 in Q1 2026, and 49.56 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 36.93 |
| Feb 26, 2026 | 33.99 |
| Nov 27, 2025 | 49.56 |
| Aug 28, 2025 | 42.75 |
| May 29, 2025 | 57.68 |
| Feb 27, 2025 | 64.93 |
| Nov 28, 2024 | 58.53 |
| Aug 29, 2024 | 119.49 |
| May 30, 2024 | 414.37 |
| Feb 29, 2024 | 126.65 |
| Nov 30, 2023 | -68.43 |
| Aug 31, 2023 | -53.55 |
| Jun 1, 2023 | -39.99 |
| Mar 2, 2023 | -26.55 |
| Dec 1, 2022 | -329.02 |
| Sep 1, 2022 | 41.88 |
| Jun 2, 2022 | 31.67 |
| Mar 3, 2022 | 44.23 |
| Dec 2, 2021 | 40.32 |
| Sep 2, 2021 | 30.60 |