Micron Technology Inc (MU)
100.88
+2.33
(+2.36%)
USD |
NASDAQ |
Dec 03, 11:46
Micron Technology Gross Profit Margin (Quarterly): 35.32% for Aug. 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| August 31, 2024 | 35.32% |
| May 31, 2024 | 26.90% |
| February 29, 2024 | 18.53% |
| November 30, 2023 | -0.74% |
| August 31, 2023 | -10.85% |
| May 31, 2023 | -17.80% |
| February 28, 2023 | -32.66% |
| November 30, 2022 | 21.86% |
| August 31, 2022 | 39.47% |
| May 31, 2022 | 46.69% |
| February 28, 2022 | 47.21% |
| November 30, 2021 | 46.38% |
| August 31, 2021 | 47.28% |
| May 31, 2021 | 42.12% |
| February 28, 2021 | 26.44% |
| November 30, 2020 | 30.07% |
| August 31, 2020 | 34.15% |
| May 31, 2020 | 32.42% |
| February 29, 2020 | 28.25% |
| November 30, 2019 | 26.56% |
| August 31, 2019 | 28.64% |
| May 31, 2019 | 38.18% |
| February 28, 2019 | 49.08% |
| November 30, 2018 | 58.32% |
| August 31, 2018 | 61.03% |
| Date | Value |
|---|---|
| May 31, 2018 | 60.57% |
| February 28, 2018 | 58.09% |
| November 30, 2017 | 55.08% |
| August 31, 2017 | 50.70% |
| May 31, 2017 | 46.87% |
| February 28, 2017 | 36.66% |
| November 30, 2016 | 25.47% |
| August 31, 2016 | 18.00% |
| May 31, 2016 | 17.18% |
| February 29, 2016 | 19.73% |
| November 30, 2015 | 25.34% |
| August 31, 2015 | 26.94% |
| May 31, 2015 | 31.20% |
| February 28, 2015 | 33.73% |
| November 30, 2014 | 35.82% |
| August 31, 2014 | 32.77% |
| May 31, 2014 | 34.35% |
| February 28, 2014 | 34.16% |
| November 30, 2013 | 31.69% |
| August 31, 2013 | 24.90% |
| May 31, 2013 | 23.99% |
| February 28, 2013 | 17.61% |
| November 30, 2012 | 11.83% |
| August 31, 2012 | 11.16% |
| May 31, 2012 | 10.77% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-32.66%
Minimum
Feb 2023
47.28%
Maximum
Aug 2021
24.26%
Average
30.07%
Median
Nov 2020
Gross Profit Margin (Quarterly) Benchmarks
| Advanced Micro Devices Inc | 50.14% |
| Intel Corp | 15.03% |
| Marvell Technology Inc | 46.16% |
| NVIDIA Corp | 74.56% |
| Texas Instruments Inc | 59.60% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 1.77% |
| Return on Assets | 1.18% |
| Return on Invested Capital | 1.39% |
| Profit Margin (Quarterly) | 11.45% |
| Operating Margin (Quarterly) | 19.70% |
| Return on Net Operating Assets | 1.32% |