Micron Technology Past Earnings Performance
Past criteria checks 0/6
Micron Technology's earnings have been declining at an average annual rate of -34.5%, while the Semiconductor industry saw earnings growing at 27.7% annually. Revenues have been declining at an average rate of 2.4% per year.
Key information
-34.5%
Earnings growth rate
-34.6%
EPS growth rate
Semiconductor Industry Growth | 23.8% |
Revenue growth rate | -2.4% |
Return on equity | -3.5% |
Net Margin | -7.2% |
Last Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Micron Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 May 24 | 21,371 | -1,539 | 1,053 | 3,246 |
29 Feb 24 | 18,312 | -3,767 | 981 | 3,154 |
30 Nov 23 | 16,181 | -6,872 | 932 | 3,110 |
31 Aug 23 | 15,540 | -5,833 | 920 | 3,114 |
01 Jun 23 | 18,173 | -2,911 | 981 | 3,234 |
02 Mar 23 | 23,063 | 1,611 | 1,026 | 3,249 |
01 Dec 22 | 27,156 | 6,186 | 1,063 | 3,253 |
01 Sep 22 | 30,758 | 8,687 | 1,066 | 3,116 |
02 Jun 22 | 32,389 | 9,915 | 1,022 | 2,982 |
03 Mar 22 | 31,169 | 9,024 | 988 | 2,879 |
02 Dec 21 | 29,619 | 7,364 | 934 | 2,728 |
02 Sep 21 | 27,705 | 5,861 | 894 | 2,663 |
03 Jun 21 | 25,487 | 4,129 | 889 | 2,588 |
04 Mar 21 | 23,503 | 3,197 | 875 | 2,567 |
03 Dec 20 | 22,064 | 2,999 | 884 | 2,607 |
03 Sep 20 | 21,435 | 2,687 | 881 | 2,600 |
28 May 20 | 20,249 | 2,260 | 862 | 2,593 |
27 Feb 20 | 19,599 | 2,297 | 852 | 2,550 |
28 Nov 19 | 20,637 | 3,511 | 838 | 2,470 |
29 Aug 19 | 23,406 | 6,313 | 836 | 2,441 |
30 May 19 | 26,976 | 10,077 | 839 | 2,385 |
28 Feb 19 | 29,985 | 13,060 | 844 | 2,382 |
29 Nov 18 | 31,501 | 14,750 | 831 | 2,304 |
30 Aug 18 | 30,391 | 14,135 | 813 | 2,141 |
31 May 18 | 28,089 | 12,178 | 778 | 2,021 |
01 Mar 18 | 25,858 | 10,002 | 771 | 1,852 |
30 Nov 17 | 23,155 | 7,587 | 762 | 1,802 |
31 Aug 17 | 20,322 | 5,089 | 730 | 1,824 |
01 Jun 17 | 17,401 | 2,551 | 704 | 1,788 |
02 Mar 17 | 14,733 | 689 | 648 | 1,736 |
01 Dec 16 | 13,019 | -302 | 636 | 1,666 |
01 Sep 16 | 12,399 | -276 | 656 | 1,617 |
02 Jun 16 | 12,782 | 365 | 673 | 1,585 |
03 Mar 16 | 13,737 | 1,071 | 694 | 1,609 |
03 Dec 15 | 14,969 | 2,102 | 706 | 1,585 |
03 Sep 15 | 16,192 | 2,899 | 720 | 1,540 |
04 Jun 15 | 16,819 | 3,578 | 729 | 1,519 |
05 Mar 15 | 16,948 | 3,893 | 735 | 1,462 |
04 Dec 14 | 16,889 | 3,690 | 725 | 1,427 |
28 Aug 14 | 16,358 | 3,045 | 708 | 1,371 |
29 May 14 | 14,974 | 3,603 | 672 | 1,280 |
27 Feb 14 | 13,310 | 2,840 | 624 | 1,157 |
28 Nov 13 | 11,281 | 1,823 | 570 | 1,027 |
29 Aug 13 | 9,073 | 1,190 | 513 | 931 |
Quality Earnings: MU is currently unprofitable.
Growing Profit Margin: MU is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MU is unprofitable, and losses have increased over the past 5 years at a rate of 34.5% per year.
Accelerating Growth: Unable to compare MU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MU is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (0.7%).
Return on Equity
High ROE: MU has a negative Return on Equity (-3.48%), as it is currently unprofitable.