Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company’s ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Micron Technology Inc., profitability ratios (quarterly data)
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Micron Technology Inc.’s gross profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Micron Technology Inc.’s operating profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Micron Technology Inc.’s net profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Micron Technology Inc.’s ROE deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Micron Technology Inc.’s ROA deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
Gross Profit Margin
Micron Technology Inc., gross profit margin calculation (quarterly data)
| Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | Aug 29, 2019 | May 30, 2019 | Feb 28, 2019 | Nov 29, 2018 | Aug 30, 2018 | May 31, 2018 | Mar 1, 2018 | Nov 30, 2017 | Aug 31, 2017 | Jun 1, 2017 | Mar 2, 2017 | Dec 1, 2016 | Sep 1, 2016 | Jun 2, 2016 | Mar 3, 2016 | Dec 3, 2015 | Sep 3, 2015 | Jun 4, 2015 | Mar 5, 2015 | Dec 4, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Gross margin | 2,068 | 1,763 | 1,355 | 1,366 | 1,395 | 1,828 | 2,864 | 4,615 | 5,151 | 4,723 | 4,270 | 3,747 | 3,112 | 2,609 | 1,704 | 1,011 | 579 | 498 | 579 | 849 | 970 | 1,202 | 1,405 | 1,638 | |||||||
| Revenue | 6,056 | 5,438 | 4,797 | 5,144 | 4,870 | 4,788 | 5,835 | 7,913 | 8,440 | 7,797 | 7,351 | 6,803 | 6,138 | 5,566 | 4,648 | 3,970 | 3,217 | 2,898 | 2,934 | 3,350 | 3,600 | 3,853 | 4,166 | 4,573 | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||
| Gross profit margin1 | 30.57% | 29.03% | 30.33% | 36.11% | 45.72% | 53.60% | 57.87% | 59.55% | 58.87% | 56.43% | 53.13% | 48.25% | 41.51% | 33.92% | 25.74% | 20.49% | 20.20% | 22.66% | 26.21% | 29.57% | 32.21% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 44.47% | 44.36% | 43.69% | 42.61% | 40.78% | 39.83% | 38.87% | 37.79% | 37.10% | 35.81% | 34.86% | 34.21% | 33.48% | 24.79% | 23.96% | 23.36% | 22.55% | 28.62% | 26.97% | 27.06% | — | — | — | |||||||
| Analog Devices Inc. | 65.87% | 65.39% | 65.56% | 66.43% | 67.00% | 67.79% | 67.95% | 68.09% | 68.27% | 67.46% | 63.96% | 61.12% | 59.94% | 59.57% | 63.11% | 65.95% | 65.10% | 64.84% | 64.86% | 65.05% | 65.77% | — | — | — | |||||||
| Apple Inc. | 38.23% | 38.19% | 38.11% | 37.95% | 37.82% | 37.90% | 38.05% | 38.21% | 38.34% | 38.27% | 38.30% | 38.43% | 38.47% | 38.51% | 38.41% | 38.52% | 39.08% | 39.49% | 39.81% | 40.13% | 40.06% | — | — | — | |||||||
| Applied Materials Inc. | — | 44.23% | 44.04% | 43.81% | 43.72% | 43.93% | 44.39% | 45.01% | 45.31% | 45.47% | 45.48% | 45.31% | 44.93% | 44.31% | 43.55% | 42.55% | 41.67% | 41.14% | 40.74% | 40.90% | 40.92% | 41.36% | 42.08% | 42.32% | |||||||
| Broadcom Inc. | — | 55.70% | 55.21% | 55.32% | 55.24% | 55.09% | 54.33% | 53.09% | 51.48% | 50.28% | 49.42% | 48.53% | 48.25% | 49.01% | 48.78% | 44.85% | 44.86% | 43.55% | 43.52% | 52.70% | 52.07% | 50.87% | 46.71% | 45.51% | |||||||
| Cisco Systems Inc. | 64.26% | 64.41% | 63.97% | 63.44% | 62.94% | 62.38% | 62.17% | 62.32% | 62.04% | 62.18% | 62.35% | 62.29% | 62.96% | 63.19% | 63.53% | 63.40% | 62.87% | 62.12% | 61.55% | 60.85% | 60.38% | — | — | — | |||||||
| Intel Corp. | — | 56.52% | 57.88% | 59.51% | 58.56% | 58.92% | 60.46% | 60.83% | 61.73% | 62.50% | 61.87% | 61.93% | 62.25% | 61.86% | 62.12% | 61.52% | 60.94% | 61.59% | 61.48% | 62.33% | 62.65% | — | — | — | |||||||
| Lam Research Corp. | 45.88% | 45.86% | 45.20% | 45.13% | 45.15% | 45.66% | 46.12% | 46.42% | 46.63% | 46.18% | 45.99% | 45.56% | 44.97% | 44.81% | 44.44% | 44.15% | 44.49% | 44.01% | 43.91% | 43.83% | 43.43% | — | — | — | |||||||
| NVIDIA Corp. | 61.99% | 59.49% | 58.57% | 59.64% | 61.21% | 62.51% | 62.41% | 61.36% | 59.93% | 59.31% | 59.18% | 59.16% | 58.80% | 57.84% | 57.01% | 56.33% | 56.11% | 55.99% | 55.72% | 55.99% | 55.53% | — | — | — | |||||||
| Qualcomm Inc. | 60.67% | 56.96% | 65.07% | 65.22% | 64.57% | 63.06% | 54.26% | 54.58% | 54.94% | 56.00% | 55.57% | 55.22% | 56.07% | 57.12% | 58.16% | 59.38% | 58.61% | 58.55% | 58.53% | 58.82% | 58.95% | — | — | — | |||||||
| Texas Instruments Inc. | — | 63.49% | 63.65% | 63.68% | 63.71% | 64.23% | 64.51% | 64.73% | 65.11% | 65.18% | 64.84% | 64.61% | 64.26% | 63.64% | 62.97% | 62.19% | 61.63% | 60.65% | 59.62% | 58.86% | 58.15% | — | — | — | |||||||
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
1 Q4 2020 Calculation
Gross profit margin = 100
× (Gross marginQ4 2020
+ Gross marginQ3 2020
+ Gross marginQ2 2020
+ Gross marginQ1 2020)
÷ (RevenueQ4 2020
+ RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020)
= 100 × (2,068 + 1,763 + 1,355 + 1,366)
÷ (6,056 + 5,438 + 4,797 + 5,144)
= 30.57%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Micron Technology Inc.’s gross profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
Operating Profit Margin
Micron Technology Inc., operating profit margin calculation (quarterly data)
| Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | Aug 29, 2019 | May 30, 2019 | Feb 28, 2019 | Nov 29, 2018 | Aug 30, 2018 | May 31, 2018 | Mar 1, 2018 | Nov 30, 2017 | Aug 31, 2017 | Jun 1, 2017 | Mar 2, 2017 | Dec 1, 2016 | Sep 1, 2016 | Jun 2, 2016 | Mar 3, 2016 | Dec 3, 2015 | Sep 3, 2015 | Jun 4, 2015 | Mar 5, 2015 | Dec 4, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Operating income (loss) | 1,157 | 888 | 440 | 518 | 650 | 1,010 | 1,957 | 3,759 | 4,377 | 3,953 | 3,567 | 3,097 | 2,502 | 1,963 | 1,044 | 359 | (32) | (27) | (5) | 232 | 427 | 631 | 855 | 1,085 | |||||||
| Revenue | 6,056 | 5,438 | 4,797 | 5,144 | 4,870 | 4,788 | 5,835 | 7,913 | 8,440 | 7,797 | 7,351 | 6,803 | 6,138 | 5,566 | 4,648 | 3,970 | 3,217 | 2,898 | 2,934 | 3,350 | 3,600 | 3,853 | 4,166 | 4,573 | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||
| Operating profit margin1 | 14.01% | 12.33% | 13.36% | 20.04% | 31.51% | 41.16% | 46.84% | 49.70% | 49.34% | 46.71% | 43.04% | 37.17% | 28.88% | 19.16% | 9.12% | 2.27% | 1.35% | 4.91% | 9.35% | 14.33% | 18.52% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 13.27% | 11.56% | 10.63% | 9.37% | 5.16% | 4.68% | 6.05% | 6.97% | 7.73% | 7.37% | 5.89% | 3.83% | 2.40% | -6.49% | -7.53% | -8.71% | -10.14% | -7.30% | -10.86% | -12.05% | — | — | — | |||||||
| Analog Devices Inc. | 26.74% | 24.91% | 25.30% | 26.56% | 28.55% | 30.69% | 31.07% | 31.05% | 30.35% | 29.56% | 25.18% | 21.17% | 20.66% | 21.09% | 25.91% | 30.23% | 30.05% | 22.96% | 22.90% | 23.83% | 24.19% | — | — | — | |||||||
| Apple Inc. | 24.15% | 24.52% | 24.48% | 24.71% | 24.57% | 24.87% | 25.34% | 25.98% | 26.69% | 26.60% | 26.70% | 26.87% | 26.76% | 26.84% | 26.91% | 27.15% | 27.84% | 28.55% | 29.39% | 30.28% | 30.48% | — | — | — | |||||||
| Applied Materials Inc. | — | 24.26% | 23.58% | 23.20% | 22.93% | 23.55% | 25.09% | 26.83% | 27.80% | 28.35% | 28.17% | 27.53% | 26.61% | 25.58% | 24.11% | 21.99% | 19.88% | 18.17% | 16.71% | 16.63% | 17.53% | 17.60% | 17.97% | 17.83% | |||||||
| Broadcom Inc. | — | 15.27% | 14.85% | 15.90% | 15.24% | 18.15% | 20.70% | 22.28% | 24.63% | 20.93% | 18.05% | 14.98% | 13.51% | 11.87% | 6.75% | -2.42% | -3.09% | -2.52% | 3.23% | 24.51% | 23.92% | 21.59% | 15.68% | 13.47% | |||||||
| Cisco Systems Inc. | 27.63% | 27.81% | 27.47% | 26.91% | 27.39% | 27.04% | 26.55% | 26.57% | 24.95% | 24.68% | 25.02% | 24.80% | 24.94% | 25.24% | 24.82% | 25.47% | 25.71% | 24.75% | 24.56% | 23.20% | 21.91% | — | — | — | |||||||
| Intel Corp. | — | 31.49% | 32.90% | 32.88% | 30.62% | 30.48% | 31.77% | 32.49% | 32.91% | 32.48% | 30.58% | 29.37% | 28.58% | 27.49% | 26.60% | 22.99% | 21.68% | 21.83% | 21.86% | 24.80% | 25.29% | — | — | — | |||||||
| Lam Research Corp. | 26.62% | 26.37% | 25.20% | 25.40% | 25.53% | 26.90% | 28.19% | 28.47% | 29.01% | 27.84% | 26.96% | 25.73% | 23.74% | 22.22% | 19.70% | 17.82% | 18.25% | 16.42% | 17.04% | 16.74% | 14.98% | — | — | — | |||||||
| NVIDIA Corp. | 26.07% | 21.46% | 22.40% | 26.72% | 32.47% | 36.89% | 37.21% | 35.97% | 33.05% | 31.97% | 31.33% | 29.74% | 27.99% | 23.64% | 19.43% | 15.80% | 14.91% | 14.98% | 14.57% | 16.57% | 16.21% | — | — | — | |||||||
| Qualcomm Inc. | 26.58% | 17.52% | 32.49% | 32.59% | 31.59% | 24.99% | 9.05% | 6.62% | 3.26% | 7.57% | 6.98% | 8.34% | 11.73% | 18.09% | 21.09% | 23.50% | 27.57% | 25.55% | 24.22% | 22.53% | 22.85% | — | — | — | |||||||
| Texas Instruments Inc. | — | 38.81% | 38.79% | 39.58% | 39.79% | 40.61% | 41.59% | 41.98% | 42.53% | 42.74% | 42.18% | 41.56% | 40.66% | 39.92% | 38.40% | 36.93% | 35.89% | 35.16% | 34.04% | 33.32% | 32.88% | — | — | — | |||||||
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
1 Q4 2020 Calculation
Operating profit margin = 100
× (Operating income (loss)Q4 2020
+ Operating income (loss)Q3 2020
+ Operating income (loss)Q2 2020
+ Operating income (loss)Q1 2020)
÷ (RevenueQ4 2020
+ RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020)
= 100 × (1,157 + 888 + 440 + 518)
÷ (6,056 + 5,438 + 4,797 + 5,144)
= 14.01%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Micron Technology Inc.’s operating profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
Net Profit Margin
Micron Technology Inc., net profit margin calculation (quarterly data)
| Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | Aug 29, 2019 | May 30, 2019 | Feb 28, 2019 | Nov 29, 2018 | Aug 30, 2018 | May 31, 2018 | Mar 1, 2018 | Nov 30, 2017 | Aug 31, 2017 | Jun 1, 2017 | Mar 2, 2017 | Dec 1, 2016 | Sep 1, 2016 | Jun 2, 2016 | Mar 3, 2016 | Dec 3, 2015 | Sep 3, 2015 | Jun 4, 2015 | Mar 5, 2015 | Dec 4, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net income (loss) attributable to Micron | 988 | 803 | 405 | 491 | 561 | 840 | 1,619 | 3,293 | 4,325 | 3,823 | 3,309 | 2,678 | 2,368 | 1,647 | 894 | 180 | (170) | (215) | (97) | 206 | 471 | 491 | 934 | 1,003 | |||||||
| Revenue | 6,056 | 5,438 | 4,797 | 5,144 | 4,870 | 4,788 | 5,835 | 7,913 | 8,440 | 7,797 | 7,351 | 6,803 | 6,138 | 5,566 | 4,648 | 3,970 | 3,217 | 2,898 | 2,934 | 3,350 | 3,600 | 3,853 | 4,166 | 4,573 | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||
| Net profit margin1 | 12.54% | 11.16% | 11.72% | 17.01% | 26.97% | 37.36% | 43.56% | 46.82% | 46.51% | 43.36% | 38.68% | 32.77% | 25.04% | 14.66% | 4.68% | -2.32% | -2.23% | 2.86% | 7.80% | 14.04% | 17.90% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 10.17% | 7.96% | 6.72% | 5.07% | 3.47% | 3.25% | 4.46% | 5.20% | 5.51% | 5.04% | 3.29% | 0.81% | -1.39% | -11.82% | -10.42% | -11.63% | -13.29% | -8.74% | -15.53% | -16.54% | — | — | — | |||||||
| Analog Devices Inc. | 21.79% | 20.14% | 20.05% | 21.06% | 22.75% | 24.71% | 25.18% | 25.42% | 24.12% | 22.95% | 17.72% | 13.80% | 14.24% | 14.79% | 20.90% | 25.14% | 25.18% | 19.49% | 19.11% | 19.89% | 20.29% | — | — | — | |||||||
| Apple Inc. | 20.91% | 21.33% | 21.35% | 21.49% | 21.24% | 21.50% | 22.12% | 22.72% | 22.41% | 21.98% | 21.55% | 21.12% | 21.09% | 20.87% | 20.74% | 20.73% | 21.19% | 21.70% | 22.27% | 22.87% | 22.85% | — | — | — | |||||||
| Applied Materials Inc. | — | 19.58% | 18.89% | 18.83% | 18.52% | 19.40% | 22.10% | 23.50% | 19.20% | 19.87% | 19.24% | 18.53% | 23.62% | 22.08% | 20.41% | 18.05% | 15.90% | 14.62% | 13.29% | 13.76% | 14.26% | 13.57% | 13.60% | 12.63% | |||||||
| Broadcom Inc. | — | 10.70% | 10.97% | 11.64% | 12.05% | 13.44% | 15.92% | 30.50% | 58.80% | 57.66% | 55.79% | 40.81% | 9.59% | 3.12% | -1.54% | -12.03% | -13.13% | -6.20% | -1.58% | 19.97% | 19.99% | 16.28% | 10.90% | 9.24% | |||||||
| Cisco Systems Inc. | 22.75% | 21.32% | 21.44% | 21.15% | 22.39% | 25.76% | 25.31% | 2.52% | 0.22% | -2.61% | -3.00% | 20.26% | 20.02% | 20.61% | 20.24% | 21.73% | 21.81% | 20.72% | 20.84% | 19.32% | 18.27% | — | — | — | |||||||
| Intel Corp. | — | 28.10% | 29.97% | 30.02% | 29.25% | 27.46% | 28.05% | 29.04% | 29.72% | 21.91% | 20.06% | 17.32% | 15.30% | 22.31% | 20.60% | 18.57% | 17.37% | 17.90% | 17.84% | 20.39% | 20.63% | — | — | — | |||||||
| Lam Research Corp. | 22.42% | 21.81% | 21.67% | 22.38% | 22.70% | 25.64% | 26.70% | 21.26% | 21.49% | 18.32% | 17.60% | 22.85% | 21.19% | 19.82% | 15.67% | 15.02% | 15.53% | 13.51% | 14.39% | 14.07% | 12.47% | — | — | — | |||||||
| NVIDIA Corp. | 25.61% | 24.07% | 26.92% | 30.67% | 35.34% | 37.79% | 36.22% | 34.45% | 31.37% | 28.78% | 27.41% | 26.05% | 24.11% | 19.86% | 16.97% | 13.32% | 12.26% | 12.33% | 11.01% | 13.28% | 13.47% | — | — | — | |||||||
| Qualcomm Inc. | 22.09% | 13.72% | 16.36% | 17.31% | 18.07% | 13.41% | 11.57% | 10.03% | -21.40% | -18.40% | -20.15% | -18.64% | 11.06% | 17.26% | 19.25% | 20.56% | 24.22% | 22.64% | 21.70% | 20.02% | 20.85% | — | — | — | |||||||
| Texas Instruments Inc. | — | 36.24% | 36.88% | 35.23% | 34.88% | 35.16% | 34.98% | 34.84% | 35.35% | 29.62% | 28.08% | 26.39% | 24.61% | 29.98% | 29.03% | 28.20% | 26.89% | 25.74% | 24.53% | 23.65% | 22.97% | — | — | — | |||||||
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
1 Q4 2020 Calculation
Net profit margin = 100
× (Net income (loss) attributable to MicronQ4 2020
+ Net income (loss) attributable to MicronQ3 2020
+ Net income (loss) attributable to MicronQ2 2020
+ Net income (loss) attributable to MicronQ1 2020)
÷ (RevenueQ4 2020
+ RevenueQ3 2020
+ RevenueQ2 2020
+ RevenueQ1 2020)
= 100 × (988 + 803 + 405 + 491)
÷ (6,056 + 5,438 + 4,797 + 5,144)
= 12.54%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Micron Technology Inc.’s net profit margin ratio deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
Return on Equity (ROE)
Micron Technology Inc., ROE calculation (quarterly data)
| Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | Aug 29, 2019 | May 30, 2019 | Feb 28, 2019 | Nov 29, 2018 | Aug 30, 2018 | May 31, 2018 | Mar 1, 2018 | Nov 30, 2017 | Aug 31, 2017 | Jun 1, 2017 | Mar 2, 2017 | Dec 1, 2016 | Sep 1, 2016 | Jun 2, 2016 | Mar 3, 2016 | Dec 3, 2015 | Sep 3, 2015 | Jun 4, 2015 | Mar 5, 2015 | Dec 4, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net income (loss) attributable to Micron | 988 | 803 | 405 | 491 | 561 | 840 | 1,619 | 3,293 | 4,325 | 3,823 | 3,309 | 2,678 | 2,368 | 1,647 | 894 | 180 | (170) | (215) | (97) | 206 | 471 | 491 | 934 | 1,003 | |||||||
| Total Micron shareholders’ equity | 38,996 | 37,820 | 37,023 | 36,500 | 35,881 | 35,323 | 34,567 | 33,869 | 32,294 | 28,649 | 25,697 | 22,526 | 18,621 | 16,171 | 14,287 | 12,320 | 12,080 | 12,187 | 12,264 | 12,301 | 12,302 | 12,458 | 12,426 | 11,678 | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||
| ROE1 | 6.89% | 5.98% | 6.20% | 9.62% | 17.59% | 28.53% | 37.78% | 43.55% | 43.77% | 42.51% | 38.92% | 33.68% | 27.33% | 15.78% | 4.82% | -2.45% | -2.28% | 2.99% | 8.73% | 17.09% | 23.57% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 22.73% | 18.43% | 16.04% | 12.06% | 9.60% | 10.05% | 15.21% | 26.62% | 32.00% | 37.43% | 27.55% | 7.04% | -13.27% | -130.94% | -112.71% | -119.47% | -142.34% | — | — | — | — | — | — | |||||||
| Analog Devices Inc. | 10.17% | 9.44% | 9.59% | 10.37% | 11.64% | 12.88% | 13.37% | 13.66% | 13.61% | 12.99% | 10.06% | 7.52% | 7.16% | 6.81% | 8.40% | 17.23% | 16.68% | 13.28% | 13.29% | 13.67% | 13.74% | — | — | — | |||||||
| Apple Inc. | 87.87% | 80.83% | 72.96% | 64.25% | 61.06% | 57.74% | 54.01% | 50.41% | 55.56% | 48.82% | 42.02% | 36.04% | 36.07% | 35.23% | 34.11% | 34.15% | 35.62% | 37.77% | 38.85% | 41.89% | 44.74% | — | — | — | |||||||
| Applied Materials Inc. | — | 33.30% | 32.31% | 32.64% | 32.94% | 35.53% | 42.51% | 48.11% | 48.44% | 50.10% | 45.03% | 33.69% | 36.73% | 35.13% | 32.17% | 27.81% | 23.85% | 21.22% | 19.36% | 18.35% | 18.09% | 16.26% | 15.20% | 14.46% | |||||||
| Broadcom Inc. | — | 10.54% | 10.48% | 10.83% | 10.92% | 13.91% | 15.66% | 27.99% | 45.99% | 42.53% | 34.18% | 29.66% | 8.34% | 2.67% | -1.29% | -9.86% | -9.20% | -3.48% | -0.71% | 27.14% | 28.94% | 24.99% | 16.40% | 13.23% | |||||||
| Cisco Systems Inc. | 29.57% | 30.20% | 31.11% | 31.95% | 34.62% | 35.91% | 31.54% | 2.88% | 0.25% | -2.72% | -2.78% | 14.77% | 14.53% | 15.29% | 15.41% | 16.77% | 16.89% | 16.43% | 16.98% | 15.98% | 15.04% | — | — | — | |||||||
| Intel Corp. | — | 29.44% | 28.85% | 29.78% | 27.16% | 26.05% | 26.35% | 27.93% | 28.24% | 21.22% | 18.97% | 15.81% | 13.91% | 19.52% | 18.52% | 16.81% | 15.58% | 16.43% | 16.46% | 18.76% | 18.70% | — | — | — | |||||||
| Lam Research Corp. | 43.53% | 46.21% | 47.26% | 43.02% | 46.89% | 50.48% | 50.17% | 43.65% | 36.62% | 27.72% | 27.38% | 27.84% | 24.90% | 21.20% | 15.62% | 14.38% | 15.51% | 13.81% | 15.29% | 14.99% | 12.85% | — | — | — | |||||||
| NVIDIA Corp. | 22.91% | 21.50% | 26.53% | 33.91% | 44.33% | 49.54% | 48.91% | 49.03% | 40.78% | 40.66% | 38.29% | 32.05% | 28.91% | 22.90% | 20.60% | 16.40% | 13.74% | 13.42% | 12.57% | 13.79% | 14.27% | — | — | — | |||||||
| Qualcomm Inc. | 85.54% | 83.00% | 132.94% | 94.02% | 89.35% | 62.00% | 63.55% | 59.64% | -524.14% | -18.22% | -19.12% | -17.43% | 8.02% | 12.45% | 14.27% | 15.66% | 17.95% | 16.86% | 16.56% | 15.86% | 16.78% | — | — | — | |||||||
| Texas Instruments Inc. | — | 59.78% | 66.05% | 64.31% | 56.33% | 57.72% | 62.82% | 63.75% | 62.04% | 44.55% | 41.38% | 38.07% | 35.62% | 39.91% | 38.46% | 36.48% | 34.33% | 32.90% | 31.76% | 31.09% | 30.02% | — | — | — | |||||||
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
1 Q4 2020 Calculation
ROE = 100
× (Net income (loss) attributable to MicronQ4 2020
+ Net income (loss) attributable to MicronQ3 2020
+ Net income (loss) attributable to MicronQ2 2020
+ Net income (loss) attributable to MicronQ1 2020)
÷ Total Micron shareholders’ equity
= 100 × (988 + 803 + 405 + 491)
÷ 38,996 = 6.89%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Micron Technology Inc.’s ROE deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |
Return on Assets (ROA)
Micron Technology Inc., ROA calculation (quarterly data)
| Sep 3, 2020 | May 28, 2020 | Feb 27, 2020 | Nov 28, 2019 | Aug 29, 2019 | May 30, 2019 | Feb 28, 2019 | Nov 29, 2018 | Aug 30, 2018 | May 31, 2018 | Mar 1, 2018 | Nov 30, 2017 | Aug 31, 2017 | Jun 1, 2017 | Mar 2, 2017 | Dec 1, 2016 | Sep 1, 2016 | Jun 2, 2016 | Mar 3, 2016 | Dec 3, 2015 | Sep 3, 2015 | Jun 4, 2015 | Mar 5, 2015 | Dec 4, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net income (loss) attributable to Micron | 988 | 803 | 405 | 491 | 561 | 840 | 1,619 | 3,293 | 4,325 | 3,823 | 3,309 | 2,678 | 2,368 | 1,647 | 894 | 180 | (170) | (215) | (97) | 206 | 471 | 491 | 934 | 1,003 | |||||||
| Total assets | 53,678 | 52,005 | 49,648 | 49,649 | 48,887 | 46,288 | 47,487 | 44,595 | 43,376 | 41,845 | 41,263 | 37,191 | 35,336 | 33,267 | 32,355 | 27,836 | 27,540 | 27,001 | 24,819 | 24,388 | 24,143 | 25,136 | 23,818 | 22,542 | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||
| ROA1 | 5.01% | 4.35% | 4.63% | 7.07% | 12.91% | 21.77% | 27.50% | 33.08% | 32.59% | 29.10% | 24.24% | 20.40% | 14.40% | 7.67% | 2.13% | -1.08% | -1.00% | 1.35% | 4.32% | 8.62% | 12.01% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 12.52% | 9.25% | 8.30% | 5.66% | 3.98% | 3.74% | 5.52% | 7.40% | 8.28% | 8.02% | 5.24% | 1.21% | -1.92% | -16.20% | -13.97% | -14.97% | -15.15% | -10.22% | -19.76% | -21.23% | — | — | — | |||||||
| Analog Devices Inc. | 5.69% | 5.15% | 5.21% | 5.67% | 6.37% | 7.04% | 7.21% | 7.25% | 7.31% | 6.86% | 5.12% | 3.73% | 3.44% | 3.20% | 3.14% | 8.96% | 10.81% | 8.61% | 8.56% | 8.98% | 9.87% | — | — | — | |||||||
| Apple Inc. | 17.73% | 18.41% | 17.86% | 16.89% | 16.32% | 17.28% | 16.72% | 15.90% | 16.28% | 16.07% | 14.51% | 12.42% | 12.88% | 13.52% | 13.67% | 13.65% | 14.20% | 15.64% | 16.60% | 18.32% | 18.38% | — | — | — | |||||||
| Applied Materials Inc. | — | 15.05% | 13.37% | 14.30% | 14.22% | 15.34% | 18.57% | 20.87% | 18.64% | 19.12% | 17.14% | 14.58% | 17.68% | 16.05% | 14.48% | 14.03% | 11.80% | 10.56% | 9.72% | 9.87% | 9.00% | 9.86% | 9.34% | 8.93% | |||||||
| Broadcom Inc. | — | 3.13% | 3.08% | 3.26% | 4.04% | 4.29% | 4.90% | 9.01% | 24.46% | 23.18% | 19.95% | 14.09% | 3.11% | 1.06% | -0.50% | -3.78% | -3.48% | -1.36% | -0.27% | 12.90% | 12.88% | 10.71% | 6.32% | 4.49% | |||||||
| Cisco Systems Inc. | 11.82% | 11.80% | 12.22% | 11.89% | 11.88% | 13.59% | 12.56% | 1.20% | 0.10% | -1.11% | -1.10% | 7.42% | 7.40% | 7.94% | 7.79% | 8.42% | 8.83% | 8.63% | 9.17% | 8.57% | 7.91% | — | — | — | |||||||
| Intel Corp. | — | 15.11% | 15.51% | 15.39% | 15.42% | 14.46% | 15.10% | 15.89% | 16.45% | 11.83% | 10.55% | 8.62% | 7.79% | 10.90% | 10.41% | 9.71% | 9.10% | 9.24% | 9.19% | 10.88% | 11.08% | — | — | — | |||||||
| Lam Research Corp. | 15.47% | 16.21% | 17.37% | 17.21% | 18.26% | 20.71% | 26.95% | 21.20% | 19.08% | 13.80% | 13.03% | 16.33% | 14.00% | 12.04% | 8.67% | 7.04% | 7.45% | 7.84% | 8.71% | 8.37% | 7.00% | — | — | — | |||||||
| NVIDIA Corp. | 16.15% | 15.25% | 18.56% | 23.47% | 31.15% | 34.37% | 33.40% | 33.02% | 27.11% | 26.28% | 24.32% | 20.88% | 16.93% | 12.68% | 12.37% | 9.68% | 8.33% | 8.35% | 7.54% | 8.61% | 8.76% | — | — | — | |||||||
| Qualcomm Inc. | 14.60% | 8.49% | 12.67% | 12.81% | 13.31% | 9.92% | 7.22% | 6.30% | -14.88% | -6.77% | -7.10% | -6.48% | 3.77% | 6.05% | 7.98% | 9.34% | 10.90% | 10.18% | 9.80% | 9.55% | 10.38% | — | — | — | |||||||
| Texas Instruments Inc. | — | 27.34% | 28.94% | 28.78% | 27.84% | 28.82% | 30.67% | 31.14% | 32.56% | 25.22% | 23.75% | 23.14% | 20.87% | 25.90% | 25.05% | 24.29% | 21.88% | 20.87% | 20.16% | 19.39% | 18.40% | — | — | — | |||||||
Based on: 10-K (filing date: 2020-10-19), 10-Q (filing date: 2020-06-30), 10-Q (filing date: 2020-03-26), 10-Q (filing date: 2019-12-20), 10-K (filing date: 2019-10-17), 10-Q (filing date: 2019-06-26), 10-Q (filing date: 2019-03-21), 10-Q (filing date: 2018-12-19), 10-K (filing date: 2018-10-15), 10-Q (filing date: 2018-06-22), 10-Q (filing date: 2018-03-23), 10-Q (filing date: 2017-12-20), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-30), 10-Q (filing date: 2017-03-28), 10-Q (filing date: 2017-01-09), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-07-06), 10-Q (filing date: 2016-04-08), 10-Q (filing date: 2016-01-08), 10-K (filing date: 2015-10-27), 10-Q (filing date: 2015-07-10), 10-Q (filing date: 2015-04-10), 10-Q (filing date: 2015-01-09).
1 Q4 2020 Calculation
ROA = 100
× (Net income (loss) attributable to MicronQ4 2020
+ Net income (loss) attributable to MicronQ3 2020
+ Net income (loss) attributable to MicronQ2 2020
+ Net income (loss) attributable to MicronQ1 2020)
÷ Total assets
= 100 × (988 + 803 + 405 + 491)
÷ 53,678 = 5.01%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Micron Technology Inc.’s ROA deteriorated from Q2 2020 to Q3 2020 but then improved from Q3 2020 to Q4 2020 exceeding Q2 2020 level. |