GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (XSWX:MU) » Definitions » Retained Earnings

Micron Technology (XSWX:MU) Retained Earnings : CHF35,081 Mil (As of Feb. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Micron Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Micron Technology's retained earnings for the quarter that ended in Feb. 2024 was CHF35,081 Mil.

Micron Technology's quarterly retained earnings declined from Aug. 2023 (CHF35,856 Mil) to Nov. 2023 (CHF35,035 Mil) but then increased from Nov. 2023 (CHF35,035 Mil) to Feb. 2024 (CHF35,081 Mil).

Micron Technology's annual retained earnings increased from Aug. 2021 (CHF35,720 Mil) to Aug. 2022 (CHF45,260 Mil) but then declined from Aug. 2022 (CHF45,260 Mil) to Aug. 2023 (CHF35,856 Mil).


Micron Technology Retained Earnings Historical Data

The historical data trend for Micron Technology's Retained Earnings 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 Retained Earnings Chart

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,105.79 30,376.10 35,719.95 45,260.13 35,855.72

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Retained Earnings 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 41,129.59 38,054.40 35,855.72 35,034.71 35,081.37

Micron Technology Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Micron Technology  (XSWX:MU) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Micron Technology (XSWX:MU) 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.

Micron Technology (XSWX:MU) Headlines