Micron Technology, Inc. (MU) FCF Payout Ratio: 5.37%
Is Micron Technology, Inc.’s FCF payout ratio high or low?
Micron Technology, Inc.'s FCF payout ratio of 5.37% is 97% below its 5-year average of 156.69%, near the low end of its 5-year range (14.80%–423.97%).
The FCF payout ratio for Micron Technology, Inc. (MU) is 5.37%. It is below its 12-month average by 97.64% (227.63%).
MU FCF Payout Ratio Chart
MU Average FCF Payout Ratio Chart
MU Current vs Average FCF Payout Ratio Chart
MU FCF Payout Ratio Metrics
FCF PAYOUT RATIO
5.37%
FCF PAYOUT RATIO AVG TTM
227.63%
FCF PAYOUT RATIO AVG 3Y
156.69%
FCF PAYOUT RATIO AVG 5Y
156.69%
FCF PAYOUT RATIO AVG 10Y
156.69%
FCF PAYOUT RATIO AVG 15Y
156.69%
FCF PAYOUT RATIO AVG 20Y
156.69%
CURRENT VS TTM AVG
-97.64%
CURRENT VS 3Y AVG
-96.57%
CURRENT VS 5Y AVG
-96.57%
CURRENT VS 10Y AVG
-96.57%
CURRENT VS 15Y AVG
-96.57%
CURRENT VS 20Y AVG
-96.57%
Payout Ratio Comparison
FCF Payout Ratio
5.4%
Earnings Payout Ratio
6.5%
Dividend Yield
0.06%
FCF Yield
1.01%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.67B | $522.00M | 31.3% |
| 2024 | $121.00M | $513.00M | 424.0% |
| 2023 | ($6.12B) | $504.00M | N/A (Loss) |
| 2022 | $3.11B | $461.00M | 14.8% |
| 2021 | $2.44B | $0 | 0.0% |
| 2020 | $83.00M | $0 | 0.0% |
| 2019 | $3.33B | $0 | 0.0% |
| 2018 | $8.31B | $0 | 0.0% |
| 2017 | $2.90B | $0 | 0.0% |
| 2016 | ($2.69B) | $0 | N/A (Loss) |
| 2015 | $1.19B | $0 | 0.0% |
| 2014 | $3.04B | $0 | 0.0% |
| 2013 | $567.00M | $0 | 0.0% |
| 2012 | $415.00M | $0 | 0.0% |
| 2011 | ($66.00M) | $0 | N/A (Loss) |
| 2010 | $2.48B | $0 | 0.0% |
| 2009 | $718.00M | $0 | 0.0% |
| 2008 | ($1.51B) | $0 | N/A (Loss) |
| 2007 | ($2.67B) | $0 | N/A (Loss) |
| 2006 | $654.00M | $0 | 0.0% |
| 2005 | $173.00M | $0 | 0.0% |
| 2004 | $78.10M | $0 | 0.0% |
| 2003 | ($537.30M) | $0 | N/A (Loss) |
| 2002 | ($434.20M) | $0 | N/A (Loss) |
| 2001 | ($699.50M) | $0 | N/A (Loss) |
| 2000 | $880.10M | $0 | 0.0% |
| 1999 | $44.00M | $0 | 0.0% |
| 1998 | ($517.90M) | $0 | N/A (Loss) |
| 1997 | $86.70M | $0 | 0.0% |
| 1996 | ($365.40M) | $31.20M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Micron Technology, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Micron Technology, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Micron Technology, Inc. (MU)?
- The FCF payout ratio for MU stock is 5.37%.
- Is Micron Technology, Inc.'s FCF payout ratio high or low?
- Micron Technology, Inc.'s FCF payout ratio of 5.37% is 97% below its 5-year average of 156.69%, near the low end of its 5-year range (14.80%–423.97%).
- What is the TTM average FCF payout ratio for Micron Technology, Inc. (MU)?
- The TTM average FCF payout ratio for MU stock is 227.63%.
- What is the 3Y average FCF payout ratio for Micron Technology, Inc. (MU)?
- The 3Y average FCF payout ratio for MU stock is 156.69%.
- What is the 5Y average FCF payout ratio for Micron Technology, Inc. (MU)?
- The 5Y average FCF payout ratio for MU stock is 156.69%.
- What is the 10Y average FCF payout ratio for Micron Technology, Inc. (MU)?
- The 10Y average FCF payout ratio for MU stock is 156.69%.
- What is the 15Y average FCF payout ratio for Micron Technology, Inc. (MU)?
- The 15Y average FCF payout ratio for MU stock is 156.69%.
- What is the 20Y average FCF payout ratio for Micron Technology, Inc. (MU)?
- The 20Y average FCF payout ratio for MU stock is 156.69%.
Micron Technology, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-08-28 | 31.29% |
| 2024-08-29 | 423.97% |
| 2022-09-01 | 14.80% |
About Micron Technology, Inc.
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Sanjay Mehrotra