Micron Technology Inc (MU)
Pretax margin
| Aug 29, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Jun 1, 2023 | Mar 2, 2023 | Dec 1, 2022 | Sep 1, 2022 | Jun 2, 2022 | Mar 3, 2022 | Dec 2, 2021 | Sep 2, 2021 | Jun 3, 2021 | Mar 4, 2021 | Dec 3, 2020 | Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,229,000 | -1,735,000 | -4,201,000 | -6,630,000 | -5,656,000 | -2,654,000 | 2,087,000 | 6,863,000 | 9,575,000 | 10,977,000 | 9,793,000 | 7,926,000 | 6,255,000 | 4,429,000 | 3,500,000 | 3,275,000 | 2,967,000 | 2,475,000 | 2,309,000 | 3,782,000 |
| Revenue (ttm) | US$ in thousands | 25,154,000 | 20,871,000 | 22,897,000 | 20,821,000 | 20,261,000 | 22,995,000 | 22,873,000 | 26,991,000 | 30,516,000 | 32,144,000 | 30,916,000 | 29,379,000 | 27,545,000 | 25,310,000 | 23,319,000 | 21,874,000 | 21,286,000 | 20,140,000 | 19,514,000 | 20,570,000 |
| Pretax margin | 4.89% | -8.31% | -18.35% | -31.84% | -27.92% | -11.54% | 9.12% | 25.43% | 31.38% | 34.15% | 31.68% | 26.98% | 22.71% | 17.50% | 15.01% | 14.97% | 13.94% | 12.29% | 11.83% | 18.39% |
August 29, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,229,000K ÷ $25,154,000K
= 4.89%
The pretax margin of Micron Technology Inc has fluctuated over the past years. It was positive and relatively high during the most recent period at 4.89% in August 2024. However, prior to that, the company experienced negative pretax margins, with the lowest being -31.84% in November 2023.
In general, the pretax margin reflects the company's ability to generate profits before accounting for taxes as a percentage of its total revenue. The positive trend in recent periods indicates improved profitability and operational efficiency. However, the company should continue to monitor and manage its costs effectively to maintain or improve its pretax margin in the future.
Peer comparison
Aug 29, 2024