Micron Technology
MU
#94
Rank
$145.70 B
Marketcap
$131.58
Share price
-0.82%
Change (1 day)
83.54%
Change (1 year)

Operating Margin for Micron Technology (MU)

Operating Margin as of May 2024 (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
202231.12%38.65%
202122.44%61.27%
202013.92%-53.78%
201930.11%-36.04%
201847.08%84.12%
201725.57%-1228.19%
2016-2.27%-114.07%
201516.11%-3.56%
201416.71%17.97%
201314.16%-254.66%
2012-9.16%-246.05%
20116.27%-72.3%
201022.64%-158.7%
2009-38.56%39.8%
2008-27.58%833.81%
2007-2.95%-135.96%
20068.21%101.82%
20054.07%-22.75%
20045.27%-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
12.31%-60.43%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.66%-140.69%๐Ÿ‡บ๐Ÿ‡ธ USA
7.89%-74.64%๐Ÿ‡บ๐Ÿ‡ธ USA
28.98%-6.85%๐Ÿ‡บ๐Ÿ‡ธ USA
30.04%-3.44%๐Ÿ‡จ๐Ÿ‡ญ 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.