Micron Technology — 盈利质量
EARNING QUALITY
TICKER: [US.MU - Micron Technology]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Accruals Ratio: Median -11.0%
↳ OCF > NI, strong cash generation
[+] Cash Conversion: Median 187%
↳ > 80% = strong, < 50% = weak
[~] FCF Conversion: Median 41%
↳ > 80% = excellent quality
Metric Accruals Cash Conv FCF Conv
--------------------------------------
Mean -11.2% 358.6% 42.2%
Median -11.0% 187.2% 40.9%
Max -3.2% 1487.4% 134.1%
Min -22.0% 123.1% -39.5%
CoV 36.0% 118.1% 99.0%
Slope 0.11%/yr -6.97%/yr -3.36%/yr
R² 2% 0% 10%
[DATA]
Period Net Income OCF FCF Accruals Cash Conv FCF Conv
-----------------------------------------------------------------------
2010 ANNUAL 1.85B 3.10B 2.48B -8.5% 167.4% 134.1%
2011 ANNUAL 167.00M 2.48B -66.00M -15.7% 1487.4% -39.5%
2012 ANNUAL -1.03B 2.11B 415.00M -22.0% - -
2013 ANNUAL 1.19B 1.81B 369.00M -3.2% 152.2% 31.0%
2014 ANNUAL 3.04B 5.70B 2.59B -11.8% 187.2% 85.1%
2015 ANNUAL 2.90B 5.21B 1.19B -9.6% 179.6% 40.9%
2016 ANNUAL -276.00M 3.17B -2.65B -12.5% - -
2017 ANNUAL 5.09B 8.15B 3.42B -8.7% 160.2% 67.2%
2018 ANNUAL 14.13B 17.40B 8.52B -7.5% 123.1% 60.3%
2019 ANNUAL 6.31B 13.19B 3.41B -14.1% 208.9% 54.0%
2020 ANNUAL 2.69B 8.31B 83.00M -10.5% 309.1% 3.1%
2021 ANNUAL 5.86B 12.47B 2.44B -11.2% 212.7% 41.6%
2022 ANNUAL 8.69B 15.18B 3.11B -9.8% 174.8% 35.8%
2023 ANNUAL -5.83B 1.56B -6.12B -11.5% - -
2024 ANNUAL 778.00M 8.51B 121.00M -11.1% 1093.4% 15.6%
2025 ANNUAL 8.54B 17.52B 1.67B -10.9% 205.2% 19.5%audit earning-quality
EARNING QUALITY
TICKER: [US.MU - Micron Technology]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Accruals Ratio: Median -11.0%
↳ OCF > NI, strong cash generation[+] Cash Conversion: Median 187%
↳ > 80% = strong, < 50% = weak[~] FCF Conversion: Median 41%
↳ > 80% = excellent quality
Metric Accruals Cash Conv FCF Conv--------------------------------------Mean -11.2% 358.6% 42.2%Median -11.0% 187.2% 40.9%Max -3.2% 1487.4% 134.1%Min -22.0% 123.1% -39.5%CoV 36.0% 118.1% 99.0%Slope 0.11%/yr -6.97%/yr -3.36%/yrR² 2% 0% 10%
[DATA]
Period Net Income OCF FCF Accruals Cash Conv FCF Conv-----------------------------------------------------------------------2010 ANNUAL 1.85B 3.10B 2.48B -8.5% 167.4% 134.1%2011 ANNUAL 167.00M 2.48B -66.00M -15.7% 1487.4% -39.5%2012 ANNUAL -1.03B 2.11B 415.00M -22.0% - -2013 ANNUAL 1.19B 1.81B 369.00M -3.2% 152.2% 31.0%2014 ANNUAL 3.04B 5.70B 2.59B -11.8% 187.2% 85.1%2015 ANNUAL 2.90B 5.21B 1.19B -9.6% 179.6% 40.9%2016 ANNUAL -276.00M 3.17B -2.65B -12.5% - -2017 ANNUAL 5.09B 8.15B 3.42B -8.7% 160.2% 67.2%2018 ANNUAL 14.13B 17.40B 8.52B -7.5% 123.1% 60.3%2019 ANNUAL 6.31B 13.19B 3.41B -14.1% 208.9% 54.0%2020 ANNUAL 2.69B 8.31B 83.00M -10.5% 309.1% 3.1%2021 ANNUAL 5.86B 12.47B 2.44B -11.2% 212.7% 41.6%2022 ANNUAL 8.69B 15.18B 3.11B -9.8% 174.8% 35.8%2023 ANNUAL -5.83B 1.56B -6.12B -11.5% - -2024 ANNUAL 778.00M 8.51B 121.00M -11.1% 1093.4% 15.6%2025 ANNUAL 8.54B 17.52B 1.67B -10.9% 205.2% 19.5%