Micron Historical Income Statement

MU Stock  USD 119.25  0.45  0.38%   
Historical analysis of Micron Technology income statement accounts such as Other Operating Expenses of 25.5 B, EBITDA of 3.5 B or Cost Of Revenue of 20.5 B can show how well Micron Technology performed in making a profits. Evaluating Micron Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Micron Technology's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Micron Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Micron Technology is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

About Micron Income Statement Analysis

Micron Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Micron Technology shareholders. The income statement also shows Micron investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Micron Technology Income Statement Chart

Micron Technology Income Statement is one of the three primary financial statements used for reporting Micron's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Micron Technology revenue and expense. Micron Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Micron Technology's Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 565.1 M in 2024, despite the fact that Operating Income is likely to grow to (6.3 B).

Total Revenue

Total revenue comprises all receipts Micron Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Micron Technology. It is also known as Micron Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Micron Technology income statement and represents the costs associated with goods and services Micron Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Micron Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 565.1 M in 2024, despite the fact that Operating Income is likely to grow to (6.3 B).
 2021 2022 2023 2024 (projected)
Cost Of Revenue16.9B17.0B19.5B20.5B
EBITDA16.9B2.7B3.1B3.5B

Micron Technology income statement Correlations

0.340.470.030.97-0.2-0.170.290.960.98-0.2-0.39-0.230.490.730.99-0.22-0.23-0.170.120.450.150.850.89-0.87
0.340.1-0.140.45-0.23-0.21-0.050.460.41-0.26-0.18-0.24-0.280.310.390.11-0.260.08-0.46-0.390.1-0.050.120.09
0.470.10.840.560.710.720.920.560.530.7-0.430.690.720.80.52-0.040.68-0.170.50.53-0.590.290.36-0.39
0.03-0.140.840.090.970.980.960.10.070.97-0.340.960.590.370.070.00.96-0.230.570.47-0.74-0.07-0.120.0
0.970.450.560.09-0.13-0.110.341.00.99-0.14-0.36-0.160.480.810.98-0.12-0.17-0.050.090.410.090.760.81-0.79
-0.2-0.230.710.97-0.131.00.88-0.12-0.161.0-0.261.00.470.18-0.150.041.0-0.210.540.36-0.76-0.26-0.310.19
-0.17-0.210.720.98-0.111.00.89-0.1-0.131.0-0.271.00.470.2-0.130.041.0-0.210.540.37-0.75-0.24-0.290.18
0.29-0.050.920.960.340.880.890.340.320.88-0.440.860.680.540.33-0.060.86-0.280.580.56-0.660.160.13-0.22
0.960.460.560.11.0-0.12-0.10.340.99-0.13-0.36-0.150.470.810.97-0.1-0.17-0.030.090.390.080.740.8-0.78
0.980.410.530.070.99-0.16-0.130.320.99-0.16-0.39-0.190.510.81.0-0.16-0.2-0.10.10.450.130.820.84-0.83
-0.2-0.260.70.97-0.141.01.00.88-0.13-0.16-0.211.00.470.18-0.160.031.0-0.170.550.38-0.75-0.25-0.310.19
-0.39-0.18-0.43-0.34-0.36-0.26-0.27-0.44-0.36-0.39-0.21-0.2-0.32-0.33-0.41-0.02-0.20.83-0.21-0.210.19-0.34-0.290.27
-0.23-0.240.690.96-0.161.01.00.86-0.15-0.191.0-0.20.440.16-0.190.061.0-0.150.540.34-0.75-0.29-0.340.22
0.49-0.280.720.590.480.470.470.680.470.510.47-0.320.440.620.52-0.060.43-0.160.330.95-0.350.510.47-0.65
0.730.310.80.370.810.180.20.540.810.80.18-0.330.160.620.77-0.050.14-0.030.190.45-0.20.550.69-0.62
0.990.390.520.070.98-0.15-0.130.330.971.0-0.16-0.41-0.190.520.77-0.17-0.19-0.140.110.460.120.840.86-0.85
-0.220.11-0.040.0-0.120.040.04-0.06-0.1-0.160.03-0.020.06-0.06-0.05-0.170.030.23-0.24-0.120.15-0.23-0.250.26
-0.23-0.260.680.96-0.171.01.00.86-0.17-0.21.0-0.21.00.430.14-0.190.03-0.170.550.34-0.75-0.28-0.340.22
-0.170.08-0.17-0.23-0.05-0.21-0.21-0.28-0.03-0.1-0.170.83-0.15-0.16-0.03-0.140.23-0.17-0.26-0.140.21-0.2-0.150.14
0.12-0.460.50.570.090.540.540.580.090.10.55-0.210.540.330.190.11-0.240.55-0.260.27-0.470.290.04-0.3
0.45-0.390.530.470.410.360.370.560.390.450.38-0.210.340.950.450.46-0.120.34-0.140.27-0.20.530.43-0.65
0.150.1-0.59-0.740.09-0.76-0.75-0.660.080.13-0.750.19-0.75-0.35-0.20.120.15-0.750.21-0.47-0.20.330.29-0.11
0.85-0.050.29-0.070.76-0.26-0.240.160.740.82-0.25-0.34-0.290.510.550.84-0.23-0.28-0.20.290.530.330.87-0.91
0.890.120.36-0.120.81-0.31-0.290.130.80.84-0.31-0.29-0.340.470.690.86-0.25-0.34-0.150.040.430.290.87-0.87
-0.870.09-0.390.0-0.790.190.18-0.22-0.78-0.830.190.270.22-0.65-0.62-0.850.260.220.14-0.3-0.65-0.11-0.91-0.87
Click cells to compare fundamentals

Micron Technology Account Relationship Matchups

Micron Technology income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.8B6.8B7.2B7.8B8.9B9.4B
Interest Expense194M183M189M388M446.2M468.5M
Total Revenue21.4B27.7B30.8B15.5B17.9B9.0B
Gross Profit6.6B10.4B13.9B(1.4B)(1.6B)(1.5B)
Other Operating Expenses18.4B20.9B21.0B21.1B24.3B25.5B
Operating Income3.0B6.3B9.7B(5.7B)(6.6B)(6.3B)
Ebit3.0B6.3B9.7B(5.1B)(5.9B)(5.6B)
Ebitda8.8B13.1B16.9B2.7B3.1B3.5B
Cost Of Revenue14.9B17.3B16.9B17.0B19.5B20.5B
Total Operating Expenses3.5B3.7B4.1B4.2B4.8B5.0B
Income Before Tax3.0B6.2B9.6B(5.7B)(6.5B)(6.2B)
Net Income2.7B5.9B8.7B(5.8B)(6.7B)(6.4B)
Income Tax Expense280M394M888M177M203.6M141.7M
Selling General Administrative881M894M1.1B920M1.1B620.4M
Research Development2.6B2.7B3.1B3.1B3.6B3.8B
Net Income Applicable To Common Shares2.7B5.9B8.7B(5.8B)(6.7B)(6.4B)
Net Income From Continuing Ops2.7B5.9B8.7B(5.8B)(6.7B)(6.4B)
Non Operating Income Net Other(346M)(197M)155M62M55.8M92.1M
Tax Provision280M394M888M177M203.6M353.2M
Interest Income114M37M96M468M538.2M565.1M
Net Interest Income(80M)(146M)(93M)80M92M96.6M
Reconciled Depreciation5.7B6.2B7.1B7.8B8.9B6.4B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Micron Stock analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
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
(3.45)
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.