Micron Gross Profit from 2010 to 2024

MU Stock  USD 111.93  4.40  3.78%   
Micron Technology Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Micron Technology makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-08-31
Previous Quarter
-35 M
Current Value
1.1 B
Quarterly Volatility
1.1 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 B, Interest Expense of 468.5 M or Total Revenue of 9 B, as well as many exotic indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0056 or PTB Ratio of 2.34. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
This module can also supplement Micron Technology's financial leverage analysis and stock options assessment as well as various Micron Technology Technical models . Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Latest Micron Technology's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Micron Technology over the last few years. Gross profit is a required income statement account that reflects total revenue of Micron Technology minus its cost of goods sold. It is profit before Micron Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Micron Technology's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (1.42 B)10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Micron Gross Profit Regression Statistics

Arithmetic Mean5,287,514,667
Coefficient Of Variation113.65
Mean Deviation4,843,519,644
Median5,215,000,000
Standard Deviation6,009,356,368
Sample Variance36112364T
Range19.5B
R-Value0.04
Mean Square Error38811819.9T
R-Squared0
Significance0.87
Slope60,339,429
Total Sum of Squares505573095.4T

Micron Gross Profit History

2024-1.5 B
2023-1.6 B
2022-1.4 B
202113.9 B
202010.4 B
20196.6 B
201810.7 B

Other Fundumenentals of Micron Technology

Micron Technology Gross Profit component correlations

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0.970.99-0.020.460.230.95-0.480.88-0.210.660.130.460.710.990.770.930.940.330.7-0.04-0.9-0.740.940.910.71
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0.320.220.430.130.350.330.370.380.44-0.170.290.840.230.2-0.10.170.090.610.090.46-0.15-0.310.180.190.2
0.590.550.120.460.660.460.640.180.730.040.390.840.350.50.380.570.490.570.330.19-0.46-0.560.480.480.3
0.780.710.570.710.010.130.76-0.360.62-0.460.330.230.350.80.480.550.70.580.68-0.23-0.57-0.570.710.730.79
0.990.990.120.990.410.260.97-0.440.89-0.260.620.20.50.80.750.890.940.430.7-0.06-0.88-0.760.930.90.76
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-0.77-0.75-0.16-0.74-0.55-0.53-0.740.26-0.760.02-0.59-0.31-0.56-0.57-0.76-0.68-0.71-0.8-0.67-0.25-0.230.71-0.6-0.59-0.39
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0.730.70.420.71-0.020.00.72-0.40.53-0.530.560.20.30.790.760.40.60.60.30.81-0.06-0.55-0.390.810.83
Click cells to compare fundamentals

About Micron Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Micron Technology income statement, its balance sheet, and the statement of cash flows. Micron Technology investors use historical funamental indicators, such as Micron Technology's Gross Profit, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may use each financial statement separately, they are all related. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Micron Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Micron Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Micron Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-1.6 B-1.5 B
Gross Profit Margin(0.10)(0.1)

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.43)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.