Micron Technology (WBO:MU) Net Margin %

: 13.62% (As of Feb. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Micron Technology's Net Income for the three months ended in Feb. 2024 was €735 Mil. Micron Technology's Revenue for the three months ended in Feb. 2024 was €5,399 Mil. Therefore, Micron Technology's net margin for the quarter that ended in Feb. 2024 was 13.62%.

The historical rank and industry rank for Micron Technology's Net Margin % or its related term are showing as below:

WBO:MU' s Net Margin % Range Over the Past 10 Years
Min: -37.54 Med: 19.89 Max: 46.51
Current: -20.57

WBO:MU's Net Margin % is ranked worse than
83.71% of 982 companies
in the Semiconductors industry
Industry Median: 4.455 vs WBO:MU: -20.57

Micron Technology Net Margin % Historical Data

The historical data trend for Micron Technology's Net Margin % 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.

* Premium members only.

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Net Margin %

26.97

12.54

21.16

28.24

-37.54

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Net Margin %																-62.60	-50.53	-35.66	-26.11	13.62

Competitive Comparison

For the Semiconductors subindustry, Micron Technology's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Micron Technology Net Margin % Distribution

For the Semiconductors industry and Technology sector, Micron Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Micron Technology's Net Margin % falls into.

Micron Technology Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Micron Technology's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin	=	Net Income (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	-5348.861	/	14250.18
	=	-37.54 %

Micron Technology's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin	=	Net Income (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	735.111	/	5398.848
	=	13.62 %

Micron Technology (WBO:MU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Micron Technology Net Margin % Related Terms

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Micron Technology (WBO:MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (WBO:MU) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

MU:USA MU:Peru MU:Mexico MU_KZ:Kazakhstan MU:Italy MTEd:UK 0R2T:UK MTE:Germany MUTC34:Brazil

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.