TTM
48.5%
YoY change
+21.21pp
Trough year (1986)
-58.5%
Peak year (2018)
49.3%
Latest annual
26.4%
Operating Margin history chart for Micron Technology (MU) from 1985 to 2025
Latest: 26.4%
Operating Margin change chart for Micron Technology (MU) from 1985 to 2025
Latest: +21.21pp
Operating Margin history table for Micron Technology (MU) from 1985 to 2025
| 2025 | 26.4% | +21.21pp | ||
| 2024 | 5.2% | +42.16pp | ||
| 2023 | -37.0% | -68.51pp | ||
| 2022 | 31.5% | +8.86pp | ||
| 2021 | 22.7% | +8.67pp | ||
| 2020 | 14.0% | -17.50pp | ||
| 2019 | 31.5% | -17.82pp | ||
| 2018 | 49.3% | +20.46pp | ||
| 2017 | 28.9% | +27.52pp | ||
| 2016 | 1.4% | -17.16pp | ||
| 2015 | 18.5% | -0.36pp | ||
| 2014 | 18.9% | +13.91pp | ||
| 2013 | 5.0% | +12.47pp | ||
| 2012 | -7.5% | -16.10pp | ||
| 2011 | 8.6% | -10.14pp | ||
| 2010 | 18.7% | +53.63pp | ||
| 2009 | -34.9% | -7.59pp | ||
| 2008 | -27.3% | -22.38pp | ||
| 2007 | -4.9% | -11.56pp | ||
| 2006 | 6.6% | +2.18pp | ||
| 2005 | 4.5% | -1.21pp | ||
| 2004 | 5.7% | +44.05pp | ||
| 2003 | -38.4% | +1.22pp | ||
| 2002 | -39.6% | -14.79pp | ||
| 2001 | -24.8% | -56.07pp | ||
| 2000 | 31.3% | +32.51pp | ||
| 1999 | -1.2% | +15.14pp | ||
| 1998 | -16.4% | -27.83pp | ||
| 1997 | 11.4% | -14.40pp | ||
| 1996 | 25.8% | -18.06pp | ||
| 1995 | 43.9% | +5.83pp | ||
| 1994 | 38.1% | +18.03pp | ||
| 1993 | 20.0% | +17.34pp | ||
| 1992 | 2.7% | -0.07pp | ||
| 1991 | 2.8% | +1.63pp | ||
| 1990 | 1.1% | -32.55pp | ||
| 1989 | 33.7% | -5.88pp | ||
| 1988 | 39.6% | +59.52pp | ||
| 1987 | -20.0% | +38.53pp | ||
| 1986 | -58.5% | -52.16pp | ||
| 1985 | -6.3% | — |
- 202526.4%+21.21pp
- 20245.2%+42.16pp
- 2023-37.0%-68.51pp
- 202231.5%+8.86pp
- 202122.7%+8.67pp
- 202014.0%-17.50pp
- 201931.5%-17.82pp
- 201849.3%+20.46pp
- 201728.9%+27.52pp
- 20161.4%-17.16pp
- 201518.5%-0.36pp
- 201418.9%+13.91pp
- 20135.0%+12.47pp
- 2012-7.5%-16.10pp
- 20118.6%-10.14pp
- 201018.7%+53.63pp
- 2009-34.9%-7.59pp
- 2008-27.3%-22.38pp
- 2007-4.9%-11.56pp
- 20066.6%+2.18pp
- 20054.5%-1.21pp
- 20045.7%+44.05pp
- 2003-38.4%+1.22pp
- 2002-39.6%-14.79pp
- 2001-24.8%-56.07pp
- 200031.3%+32.51pp
- 1999-1.2%+15.14pp
- 1998-16.4%-27.83pp
- 199711.4%-14.40pp
- 199625.8%-18.06pp
- 199543.9%+5.83pp
- 199438.1%+18.03pp
- 199320.0%+17.34pp
- 19922.7%-0.07pp
- 19912.8%+1.63pp
- 19901.1%-32.55pp
- 198933.7%-5.88pp
- 198839.6%+59.52pp
- 1987-20.0%+38.53pp
- 1986-58.5%-52.16pp
- 1985-6.3%—
Operating Margin values are taken from Micron Technology's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Micron Technology (MU)
According to Micron Technology's latest reported financial statements, the company's latest reported operating margin is 48.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Micron Technology (MU) most recent annual operating margin stands at 26.41% (2025) – expanded 21.2 percentage points year-over-year.
The record annual operating margin stands at 49.34%, reached in 2018; the historical low of -58.49% was recorded in 1986.
Micron Technology Operating Margin by Year
Micron Technology Operating Margin 2025: 26.4%
In 2025, Micron Technology reported operating margin of 26.41%, expanded 21.2 percentage points from 2024.
Micron Technology Operating Margin 2024: 5.2%
Micron Technology operating margin in 2024 was 5.19%, expanded 42.2 percentage points from 2023.
Micron Technology Operating Margin 2023: -37.0%
2023's operating margin for Micron Technology came in at -36.97%, contracted 68.5 percentage points from 2022.
Micron Technology Operating Margin 2022: 31.5%
Micron Technology posted operating margin of 31.54% in 2022, expanded 8.9 percentage points from 2021.
Micron Technology Operating Margin 2021: 22.7%
Micron Technology operating margin in 2021 was 22.68%.
See more financial history for Micron Technology (MU).
Sector peers by Operating Margin
Technology peers of Micron Technology (MU), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 30.8% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 30.8%
- 11.7%
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