Micron Income Before Tax from 2010 to 2024

MU Stock  USD 102.76  4.39  4.46%   
Micron Technology Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Micron Technology Income Before Tax quarterly data regression had r-value of  0.11 and coefficient of variation of  149.61. View All Fundamentals
 
Income Before Tax  
First Reported
1988-11-30
Previous Quarter
715 M
Current Value
1.5 B
Quarterly Volatility
979.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 B, Interest Expense of 590.1 M or Total Revenue of 26.4 B, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0066 or PTB Ratio of 1.73. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Latest Micron Technology's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Micron Technology over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Micron Technology income statement and is an important metric when analyzing Micron Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Micron Technology's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Micron Income Before Tax Regression Statistics

Arithmetic Mean3,193,807,070
Geometric Mean1,866,920,247
Coefficient Of Variation149.61
Mean Deviation3,516,128,620
Median2,609,000,000
Standard Deviation4,778,336,680
Sample Variance22832501.4T
Range20B
R-Value0.11
Mean Square Error24275552.2T
R-Squared0.01
Significance0.69
Slope120,606,223
Total Sum of Squares319655019.9T

Micron Income Before Tax History

20241.4 B
20231.2 B
2022-5.7 B
20219.6 B
20206.2 B
2019B
2018B

About Micron Technology Financial Statements

Micron Technology shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Micron Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax1.2 B1.4 B

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Additional Tools for Micron Stock Analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.