Micron Technology Inc (MU)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 6,013,000 | 5,322,000 | 4,444,000 | 3,104,000 | 287,000 | -1,886,000 | -4,352,000 | -6,275,000 | -7,226,000 | -8,039,000 | -6,469,000 | -4,892,000 | -1,086,000 | 2,738,000 | 5,909,000 | 9,073,000 | 10,043,000 | 10,999,000 | 10,540,000 | 10,073,000 |
| 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 |
| Pretax margin | 18.40% | 16.93% | 15.10% | 11.28% | 1.19% | -8.87% | -18.69% | -29.58% | -35.95% | -40.64% | -42.86% | -31.71% | -5.89% | 12.80% | 22.77% | 29.74% | 31.76% | 33.57% | 33.23% | 32.74% |
February 28, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $6,013,000K ÷ $32,684,000K
= 18.40%
The pretax margin of Micron Technology Inc has shown considerable fluctuation over the period of time covered in the data provided. The pretax margin started at a healthy level of 32.74% as of March 3, 2022, indicating the company's ability to generate profits before accounting for taxes. The margin increased to 33.23% in May 31, 2022, and peaked at 33.57% in June 2, 2022, reflecting strong operational efficiency.
However, from August 31, 2022, the pretax margin began to decline, reaching 29.74% by September 1, 2022, and dropping to 22.77% by November 30, 2022. The trend worsened significantly as the pretax margin plummeted to 12.80% by December 1, 2022.
Subsequently, the pretax margin entered negative territory as of February 28, 2023, and continued to decline, hitting a low of -42.86% by May 31, 2023. The company faced challenges during this period, possibly due to increased expenses or declining revenues.
However, Micron Technology Inc started to show signs of recovery as the pretax margin improved to 16.93% by November 30, 2024, and continued to increase to 18.40% by February 28, 2025. This uptrend indicates potentially positive changes in the company's profitability and operational efficiency.
In conclusion, the pretax margin of Micron Technology Inc reflects a dynamic performance trajectory, characterized by both peaks and troughs, suggesting fluctuations in profitability and financial health over the period analyzed.
Peer comparison
Feb 28, 2025