Micron Technology Inc (MU)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.31% | 11.70% | -0.26% | -11.26% | -6.99% | 7.14% | 27.74% | 41.59% | 45.54% | 47.25% | 46.19% | 41.70% | 37.84% | 33.90% | 30.94% | 31.64% | 30.78% | 29.19% | 30.46% | 36.23% |
| Operating profit margin | 5.18% | -8.10% | -18.21% | -32.01% | -28.35% | -11.97% | 8.80% | 25.42% | 31.79% | 34.64% | 32.12% | 27.39% | 22.81% | 17.72% | 15.33% | 15.32% | 14.11% | 12.39% | 13.42% | 20.10% |
| 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% |
| Net profit margin | 3.09% | -7.37% | -16.45% | -33.01% | -28.79% | -12.66% | 7.04% | 22.92% | 28.47% | 30.85% | 29.19% | 25.07% | 21.28% | 16.31% | 13.71% | 13.71% | 12.62% | 11.22% | 11.77% | 17.07% |
The profitability ratios of Micron Technology Inc have shown fluctuations over the past several quarters. The gross profit margin, which indicates efficiency in production and pricing, has ranged from negative values to around 45% in recent periods, with a gradual improvement in the most recent quarters.
The operating profit margin, reflecting operational efficiency, has also varied significantly, ranging from negative figures to around 35% in recent quarters. This ratio shows a recovery trend, with increasing values in the latest periods.
The pretax margin, indicating the company's ability to manage operating expenses and taxes, showcases similar trends to the operating profit margin, with negative values in the past and an upward trend in recent quarters.
The net profit margin, which illustrates the overall profitability after all expenses have been deducted, has shown fluctuations similar to the other profitability ratios, with negative values in previous quarters and improvements in the most recent periods.
Overall, while profitability ratios have shown volatility in the past, recent quarters have demonstrated a positive trend with improving margins, reflecting potential enhancements in the company's operational efficiency and financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.88% | -2.55% | -6.35% | -10.45% | -8.94% | -4.19% | 3.03% | 10.11% | 14.64% | 17.05% | 15.59% | 13.14% | 10.68% | 8.02% | 6.60% | 6.24% | 5.59% | 4.80% | 5.27% | 8.33% |
| Return on assets (ROA) | 1.12% | -2.32% | -5.73% | -10.78% | -9.08% | -4.43% | 2.42% | 9.11% | 13.11% | 15.18% | 14.17% | 12.02% | 9.96% | 7.38% | 5.91% | 5.59% | 5.01% | 4.35% | 4.63% | 7.07% |
| Return on total capital | 3.69% | -2.67% | -8.38% | -14.37% | -11.94% | -5.18% | 4.90% | 14.31% | 19.56% | 22.66% | 20.87% | 17.66% | 14.65% | 10.92% | 9.08% | 8.70% | 8.11% | 7.03% | 6.67% | 10.75% |
| Return on equity (ROE) | 1.72% | -3.48% | -8.59% | -16.02% | -13.22% | -6.41% | 3.41% | 12.55% | 17.41% | 20.12% | 18.86% | 16.04% | 13.34% | 9.77% | 7.86% | 7.51% | 6.89% | 5.98% | 6.20% | 9.62% |
Micron Technology Inc's profitability ratios have shown fluctuations over the analyzed period.
- Operating Return on Assets (Operating ROA) has generally been positive, indicating that the company has been able to generate operating profits from its assets. However, there have been some periods with negative values, particularly in recent quarters.
- Return on Assets (ROA) has also shown variability, with some periods reflecting negative returns. This metric evaluates the company's overall profitability in relation to its total assets and shows that the company has struggled to generate positive returns consistently.
- Return on Total Capital, which assesses the company's ability to generate returns from all sources of capital, has displayed similar fluctuations to ROA, with negative values in some periods and positive returns in others.
- Return on Equity (ROE) has also experienced variability, with some quarters showing negative returns. This ratio measures the return generated on shareholders' equity and indicates the company's ability to generate profits for its equity holders.
Overall, the profitability ratios of Micron Technology Inc demonstrate a mixed performance, with periods of both positive and negative returns. Investors and stakeholders should closely monitor these ratios to assess the company's financial health and sustainability.