Micron Technology Inc (MU)
Net profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Aug 29, 2024 | May 31, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Jun 1, 2023 | May 31, 2023 | Mar 2, 2023 | Feb 28, 2023 | Dec 1, 2022 | Nov 30, 2022 | Sep 1, 2022 | Aug 31, 2022 | Jun 2, 2022 | May 31, 2022 | Mar 3, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,227,000 | 3,976,000 | 2,438,000 | 2,344,000 | 223,000 | -1,539,000 | -3,767,000 | -6,452,000 | -7,530,000 | -8,425,000 | -6,724,000 | -5,016,000 | -1,212,000 | 2,605,000 | 5,426,000 | 8,236,000 | 9,007,000 | 9,778,000 | 9,458,000 | 9,138,000 |
| Revenue (ttm) | US$ in thousands | 32,684,000 | 31,442,000 | 29,432,000 | 27,506,000 | 24,060,000 | 21,259,000 | 23,285,000 | 21,213,000 | 20,100,000 | 19,783,000 | 15,092,000 | 15,425,000 | 18,435,000 | 21,385,000 | 25,954,000 | 30,511,000 | 31,619,000 | 32,762,000 | 31,718,000 | 30,763,000 |
| Net profit margin | 15.99% | 12.65% | 8.28% | 8.52% | 0.93% | -7.24% | -16.18% | -30.42% | -37.46% | -42.59% | -44.55% | -32.52% | -6.57% | 12.18% | 20.91% | 26.99% | 28.49% | 29.85% | 29.82% | 29.70% |
February 28, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,227,000K ÷ $32,684,000K
= 15.99%
The net profit margin for Micron Technology Inc has exhibited fluctuations over the past few years, ranging from positive percentages to negative percentages. The margin was relatively stable and healthy during the first half of 2022, hovering around the high 20s. However, from August 2022 onwards, there was a noticeable decline in the net profit margin, with significant drops recorded in late 2022 and into early 2023, resulting in negative margins.
The company faced challenges during this period, as evidenced by the sharp decline in profitability. However, there was a gradual improvement in the net profit margin from mid-2023 onwards, with the margin turning positive again in August 2024. The trend continued upwards, reaching double-digit positive percentages by early 2025.
Overall, the analysis indicates a period of financial difficulty for Micron Technology Inc followed by a recovery and improvement in profitability. It is important for investors and stakeholders to monitor the company's performance closely to assess its ability to sustain and build upon this positive trend in the future.
Peer comparison
Feb 28, 2025