Micron Revenue, Profits - MU Annual Income Statement

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$57.1 $2.34 (3.94%) MU stock closing price Jun 22, 2018 (Closing)

Looking at financial statements, along with the Micron stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 12.4B to 20.32B and how operating and non operating activities have impacted the MU stock. One also needs to look at Micron assets, operating expenses and Micron free cash flow. The Micron profit and loss statement shows revenue of $20.32B for 2017. Revenue has grown by 63.9% YOY for MU stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Sep - Aug2017201620152014201320122011201020092008
Micron Revenues or Net Sales
20.32B12.4B16.19B16.36B9.07B8.23B8.79B8.48B4.8B5.84B
Cost Of Goods Sold (COGS)11.89B9.89B10.98B10.92B7.23B7.27B7.03B5.77B5.24B5.9B
Micron Gross Profit
8.44B2.51B5.22B5.44B1.85B968M1.76B2.71B-439M-55M
Research & Development Expense1.82B1.62B1.54B1.37B931M918M791M624M647M680M
Selling General & Admin Expense744M720M677M979M680M668M212M501M531M455M
Income Before Depreciation Depletion Amortization5.87B168M3B3.09B236M-618M755M1.59B-1.62B-1.19B
Depreciation Depletion Amortization--------58M-
Non Operating Income-71M-12M-18M-2M1.28B43M-80M509M6M-339M
Interest Expense601M437M371M352M231M179M124M178M135M82M
Micron Pretax Income
5.2B-281M2.61B2.73B1.29B-754M551M1.92B-1.8B-1.61B
Provision for Income Taxes114M19M157M128M8M-17M203M-19M2M18M
MinorityInterest1M1M-34M4M1M23M50M-111M-10M
Investment Gains Losses8M25M447M474M-83M-294M-158M-39M-140M-
Other Income----------
Income Before Extraordinaries & Disc Operations5.09B-275M2.9B3.08B1.19B-1.03B190M1.9B-1.84B-1.62B
Extraordinary Items & Discontinued Operations----------
Micron Profit/ Loss (Net Income)
5.09B-276M2.9B3.05B1.19B-1.03B167M1.85B-1.84B-1.62B
Average Shares used to compute Diluted EPS1.15B1.04B1.17B1.2B1.06B991.2M1.01B1.05B800.7M772.5M
Average Shares used to compute Basic EPS1.09B1.04B1.07B1.06B1.02B991.2M988M887.5M800.7M772.5M
Income Before Nonrecurring Items5.09B66M3.19B3.74B-237.6M-1.05B279.64M1.31B-1.35B-999.35M
Income from Nonrecurring Items--342M-292.5M-699M1.43B19M-112.64M545M-482M-619.65M
Micron Earnings Per Share Basic Net
4.67-0.272.712.871.16-1.040.172.09-2.29-2.10
Micron Earnings Per Share Diluted Net
4.41-0.272.472.541.13-1.040.171.85-2.29-2.10
EPS Diluted Before Nonrecurring Items4.410.062.723.22-0.22-1.060.281.32-1.69-1.30
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Micron stock analysis. It helps to look at the following income statement items:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Micron revenue chart implies that the company is growing. It has been the case with Micron. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MU stock had a healthy bottom line growth.

The income statement is also called the profit and loss statement. Apart from the MU income statement, one can check the Micron historical stock prices to check how the price has moved with time.

Micron Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
6.92
PS Ratio (price sales ratio)
2.55
Operating Margin
48.5
Net Profit Margin
45
Dividend Yield
0%