Micron Technology
MU
$69.17
Share price
0.12%
Change (1 day)
-8.23%
Change (1 year)
Categories
Operating Margin for Micron Technology (MU)
Operating Margin as of June 2023 (TTM): 31.11%
According to Micron Technology's latest financial reports and stock price the company's current Operating Margin is 31.11%. At the end of 2022 the company had an Operating Margin of 31.12%.
Operating Margin history for Micron Technology from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 31.12% | 38.65% |
| 2021 | 22.44% | 61.27% |
| 2020 | 13.92% | -53.78% |
| 2019 | 30.11% | -36.04% |
| 2018 | 47.08% | 84.12% |
| 2017 | 25.57% | -1228.19% |
| 2016 | -2.27% | -114.07% |
| 2015 | 16.11% | -3.56% |
| 2014 | 16.71% | 17.97% |
| 2013 | 14.16% | -254.66% |
| 2012 | -9.16% | -246.05% |
| 2011 | 6.27% | -72.3% |
| 2010 | 22.64% | -160.27% |
| 2009 | -37.56% | 36.18% |
| 2008 | -27.58% | 833.81% |
| 2007 | -2.95% | -135.96% |
| 2006 | 8.21% | 101.82% |
| 2005 | 4.07% | -22.75% |
| 2004 | 5.27% | -113.57% |
| 2003 | -38.83% | 0.67% |
| 2002 | -38.57% | 58.2% |
| 2001 | -24.38% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Intel INTC | 27.46% | -11.73% | 🇺🇸 USA |
 Western Digital WDC | 2.99% | -90.39% | 🇺🇸 USA |
 Rambus RMBS | 13.06% | -58.02% | 🇺🇸 USA |
 Photronics PLAB | 28.98% | -6.85% | 🇺🇸 USA |
 STMicroelectronics STM | 18.31% | -41.14% | 🇨🇭 Switzerland |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.