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Micron Technology (MIL:1MU) Pretax Margin % : 19.48% (As of Aug. 2024)


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What is Micron Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Micron Technology's Pre-Tax Income for the three months ended in Aug. 2024 was €1,370 Mil. Micron Technology's Revenue for the three months ended in Aug. 2024 was €7,029 Mil. Therefore, Micron Technology's pretax margin for the quarter that ended in Aug. 2024 was 19.48%.

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

MIL:1MU' s Pretax Margin % Range Over the Past 10 Years
Min: -36.41   Med: 19.28   Max: 47.08
Current: 4.94


MIL:1MU's Pretax Margin % is ranked better than
50.9% of 998 companies
in the Semiconductors industry
Industry Median: 4.65 vs MIL:1MU: 4.94

Micron Technology Pretax Margin % Historical Data

The historical data trend for Micron Technology's Pretax 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 Pretax Margin % Chart

Micron Technology Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.92 22.44 31.12 -36.41 4.94

Micron Technology Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.36 -24.44 2.92 10.50 19.48

Competitive Comparison of Micron Technology's Pretax Margin %

For the Semiconductors subindustry, Micron Technology's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Semiconductors Industry

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

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



Micron Technology Pretax Margin % Calculation

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

Micron Technology's Pretax Margin for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=1124.68/22775.677
=4.94 %

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

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=1369.57/7029.25
=19.48 %

* 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.


Micron Technology  (MIL:1MU) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Micron Technology Pretax Margin % Related Terms

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Micron Technology Business Description

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