Last Price$90.5(3.3%)
Market Cap$104.8B
LTM Operating Expenses
$4,642.0M
YoY Growth
+11.5%
3Y CAGR
+7.9%
5Y CAGR
+6.9%
Stock quality & Intrinsic value
6/10
187.3% undervalued
Micron Technology, Inc. Operating Expenses
Annual
Quarterly
LTM
Crunching data... Almost there!
| Sep'05 | Aug'06 | Oct'07 | Oct'08 | Sep'09 | Sep'10 | Sep'11 | Aug'12 | Aug'13 | Aug'14 | Sep'15 | Sep'16 | Aug'17 | Aug'18 | Aug'19 | Sep'20 | Sep'21 | Sep'22 | Aug'23 | Aug'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $929.7M | $851.0M | $1,339.0M | $1,507.0M | $1,108.0M | $1,135.0M | $1,003.0M | $1,586.0M | $1,488.0M | $2,310.0M | $2,217.0M | $2,270.0M | $2,550.0M | $2,897.0M | $3,326.0M | $3,549.0M | $3,652.0M | $4,148.0M | $4,158.0M | $4,309.0M |
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Micron Technology, Inc. (MU) Operating Expenses comparison analysis
General
LTM Operating Expenses
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
Micron Technology, Inc.MU
$4,642.0M
11.5%
7.9%
6.9%
Median Peer Set
$8,286.9M
7.1%
14.6%
12.7%
Taiwan Semiconductor Manufacturing Company LimitedTSM
$19.0B
135.1%
53.4%
38.5%
Broadcom Inc.AVGO
$16.5B
100.4%
26.4%
14.7%
NVIDIA CorporationNVDA
$16.4B
44.8%
30.2%
33.1%
QUALCOMM IncorporatedQCOM
$12.0B
0.9%
6.9%
8.5%
Advanced Micro Devices, Inc.AMD
$10.7B
(2.3%)
36.1%
34.5%
ASML Holding N.V.ASML
$5,916.8M
7.4%
18.7%
17.1%
Applied Materials, Inc.AMAT
$5,117.0M
6.8%
10.6%
10.6%
Texas Instruments IncorporatedTXN
$3,753.0M
1.8%
5.2%
3.3%
Arm Holdings plc American Depositary SharesARM
$3,055.0M
11.0%
N/A
N/A
Analog Devices, Inc.ADI
$3,007.9M
(20.3%)
(1.5%)
6.4%
MU key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Sep'05 | Aug'06 | Oct'07 | Oct'08 | Sep'09 | Sep'10 | Sep'11 | Aug'12 | Aug'13 | Aug'14 | Sep'15 | Sep'16 | Aug'17 | Aug'18 | Aug'19 | Sep'20 | Sep'21 | Sep'22 | Aug'23 | Aug'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 4,880.2 10.8% | 5,272.0 8.0% | 5,688.0 7.9% | 5,841.0 2.7% | 4,803.0 (17.8%) | 8,482.0 76.6% | 8,788.0 3.6% | 8,234.0 (6.3%) | 9,073.0 10.2% | 16,358.0 80.3% | 16,192.0 (1.0%) | 12,399.0 (23.4%) | 20,322.0 63.9% | 30,391.0 49.5% | 23,406.0 (23.0%) | 21,435.0 (8.4%) | 27,705.0 29.3% | 30,758.0 11.0% | 15,540.0 (49.5%) | 25,111.0 61.6% |
| Cost of Goods Sold (COGS) | 3,734.4 | 4,072.0 | 4,610.0 | 5,896.0 | 5,243.0 | 5,768.0 | 7,030.0 | 7,266.0 | 7,226.0 | 10,921.0 | 10,977.0 | 9,894.0 | 11,886.0 | 12,500.0 | 12,704.0 | 14,883.0 | 17,282.0 | 16,860.0 | 16,956.0 | 19,498.0 |
% margin | 1,145.8 23.5% | 1,200.0 22.8% | 1,078.0 19.0% | (55.0) (0.9%) | (440.0) (9.2%) | 2,714.0 32.0% | 1,758.0 20.0% | 968.0 11.8% | 1,847.0 20.4% | 5,437.0 33.2% | 5,215.0 32.2% | 2,505.0 20.2% | 8,436.0 41.5% | 17,891.0 58.9% | 10,702.0 45.7% | 6,552.0 30.6% | 10,423.0 37.6% | 13,898.0 45.2% | (1,416.0) (9.1%) | 5,613.0 22.4% |
| Operating Expenses | 929.7 | 851.0 | 1,339.0 | 1,507.0 | 1,108.0 | 1,135.0 | 1,003.0 | 1,586.0 | 1,488.0 | 2,310.0 | 2,217.0 | 2,270.0 | 2,550.0 | 2,897.0 | 3,326.0 | 3,549.0 | 3,652.0 | 4,148.0 | 4,158.0 | 4,309.0 |
| Research & Development Expenses (R&D) | 603.7 | 656.0 | 805.0 | 680.0 | 647.0 | 624.0 | 791.0 | 918.0 | 931.0 | 1,371.0 | 1,540.0 | 1,617.0 | 1,824.0 | 2,141.0 | 2,441.0 | 2,600.0 | 2,663.0 | 3,116.0 | 3,114.0 | 3,430.0 |
| Selling, General & Administrative Expenses (SG&A) | 326.0 | 460.0 | 610.0 | 455.0 | 354.0 | 528.0 | 592.0 | 620.0 | 562.0 | 707.0 | 719.0 | 659.0 | 743.0 | 813.0 | 836.0 | 881.0 | 894.0 | 1,066.0 | 920.0 | 1,129.0 |
% margin | 217.5 4.5% | 350.0 6.6% | (280.0) (4.9%) | (1,595.0) (27.3%) | (1,676.0) (34.9%) | 1,589.0 18.7% | 755.0 8.6% | (618.0) (7.5%) | 236.0 2.6% | 3,087.0 18.9% | 2,998.0 18.5% | 168.0 1.4% | 5,868.0 28.9% | 14,994.0 49.3% | 7,376.0 31.5% | 3,003.0 14.0% | 6,283.0 22.7% | 9,702.0 31.5% | (5,745.0) (37.0%) | 1,304.0 5.2% |
| Interest Income | 0.0 | 0.0 | 0.0 | 79.0 | 22.0 | 18.0 | 23.0 | 8.0 | 14.0 | 23.0 | 35.0 | 42.0 | 41.0 | 120.0 | 205.0 | 114.0 | 37.0 | 96.0 | 468.0 | 529.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 82.0 | 182.0 | 178.0 | 124.0 | 171.0 | 231.0 | 352.0 | 371.0 | 437.0 | 601.0 | 342.0 | 128.0 | 194.0 | 183.0 | 189.0 | 388.0 | 562.0 |
| Pre-tax Income | 198.6 | 433.0 | (168.0) | (1,611.0) | (1,852.0) | 1,920.0 | 551.0 | (754.0) | 1,285.0 | 2,733.0 | 2,609.0 | (281.0) | 5,196.0 | 14,307.0 | 7,048.0 | 2,983.0 | 6,218.0 | 9,571.0 | (5,658.0) | 1,240.0 |
% effective tax rate | 10.6 5.3% | 18.0 4.2% | 30.0 (17.9%) | 18.0 (1.1%) | 1.0 (0.1%) | (19.0) (1.0%) | 203.0 36.8% | (17.0) 2.3% | 8.0 0.6% | 128.0 4.7% | 157.0 6.0% | 19.0 (6.8%) | 114.0 2.2% | 168.0 1.2% | 693.0 9.8% | 280.0 9.4% | 394.0 6.3% | 888.0 9.3% | 177.0 (3.1%) | 451.0 36.4% |
% margin | 188.0 3.9% | 408.0 7.7% | (320.0) (5.6%) | (1,619.0) (27.7%) | (1,882.0) (39.2%) | 1,850.0 21.8% | 167.0 1.9% | (1,032.0) (12.5%) | 1,190.0 13.1% | 3,045.0 18.6% | 2,899.0 17.9% | (276.0) (2.2%) | 5,089.0 25.0% | 14,135.0 46.5% | 6,313.0 27.0% | 2,687.0 12.5% | 5,861.0 21.2% | 8,687.0 28.2% | (5,833.0) (37.5%) | 778.0 3.1% |
| EPS | 0.31 | 0.59 | (0.42) | (2.10) | (2.35) | 2.09 | 0.17 | (1.04) | 1.16 | 2.87 | 2.71 | (0.27) | 4.67 | 11.51 | 5.67 | 2.42 | 5.23 | 7.81 | (5.34) | 0.70 |
| Diluted EPS | 0.29 | 0.57 | (0.42) | (2.10) | (2.35) | 1.85 | 0.17 | (1.04) | 1.13 | 2.54 | 2.47 | (0.27) | 4.41 | 11.50 | 5.52 | 2.37 | 5.14 | 7.74 | (5.34) | 0.70 |
% margin | 1,510.0 30.9% | 1,739.0 33.0% | 1,391.0 24.5% | 531.0 9.1% | 516.0 10.7% | 4,103.0 48.4% | 2,780.0 31.6% | 1,566.0 19.0% | 3,320.0 36.6% | 5,188.0 31.7% | 5,647.0 34.9% | 3,136.0 25.3% | 9,658.0 47.5% | 19,408.0 63.9% | 12,600.0 53.8% | 8,827.0 41.2% | 12,615.0 45.5% | 16,876.0 54.9% | 2,486.0 16.0% | 9,582.0 38.2% |
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FAQ
1) What is Micron Technology, Inc.'s Operating Expenses?
As of today, Micron Technology, Inc.'s last 12-month Operating Expenses is $4,642.0M, based on the financial report for Nov 28, 2024 (Q4’2024).
2) What is Micron Technology, Inc.'s Operating Expenses growth rate?
Over the last year, Micron Technology, Inc.'s Operating Expenses growth was 11.5%. The average annual Operating Expenses growth rates for Micron Technology, Inc. have been 8.4% over the past three years, 6.9% over the past five years.
3) Is Micron Technology, Inc.'s Operating Expenses growth rate Good?
Over the last year, Micron Technology, Inc.'s Operating Expenses growth was 11.5%, which is higher than industry growth of 0.1%. It indicates that Micron Technology, Inc.'s Operating Expenses growth is Bad.