Micron Technology (MIL:1MU) Tax Rate % : -365.88% (As of Feb. 2024)

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What is Micron Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Micron Technology's Tax Expense for the three months ended in Feb. 2024 was €-577 Mil. Micron Technology's Pre-Tax Income for the three months ended in Feb. 2024 was €158 Mil. Therefore, Micron Technology's Tax Rate % for the quarter that ended in Feb. 2024 was -365.88%.

Micron Technology Tax Rate % Historical Data

The historical data trend for Micron Technology's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Micron Technology Tax Rate % Chart

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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9.83

9.39

6.34

9.28

-3.13

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															-2.38	-7.93	1.65	-6.32	-365.88

Micron Technology Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Micron Technology's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	162.309	/	-5188.386
	=	-3.13 %

Micron Technology's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	-576.594	/	157.59
	=	-365.88 %

Micron Technology Tax Rate % Related Terms

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Micron Technology (MIL:1MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (MIL:1MU) » Definitions » Tax Rate %

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Address

8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632

Website

https://www.micron.com

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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