Micron Technology, Inc. (MU) Tax Rate: 11.63%
Is Micron Technology, Inc.’s tax rate high or low?
Micron Technology, Inc.'s tax rate of 11.63% is in line with its 5-year average of 11.69%, around the middle of its 5-year range (-3.13%–36.70%).
The tax rate for Micron Technology, Inc. (MU) is 11.63%. It is below its 12-month average by 51.87% (24.17%).
MU Tax Rate Chart
MU Average Tax Rate Chart
MU Current vs Average Tax Rate Chart
MU Tax Rate Metrics
TAX RATE
11.63%
TAX RATE AVG TTM
24.17%
TAX RATE AVG 3Y
13.62%
TAX RATE AVG 5Y
11.69%
TAX RATE AVG 10Y
7.37%
TAX RATE AVG 15Y
7.74%
TAX RATE AVG 20Y
5.44%
CURRENT VS TTM AVG
-51.87%
CURRENT VS 3Y AVG
-14.60%
CURRENT VS 5Y AVG
-0.50%
CURRENT VS 10Y AVG
+57.86%
CURRENT VS 15Y AVG
+50.31%
CURRENT VS 20Y AVG
+113.73%
Micron Technology, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Micron Technology, Inc. Tax Rate FAQ
- What is the tax rate for Micron Technology, Inc. (MU)?
- The tax rate for MU stock is 11.63%.
- Is Micron Technology, Inc.'s tax rate high or low?
- Micron Technology, Inc.'s tax rate of 11.63% is in line with its 5-year average of 11.69%, around the middle of its 5-year range (-3.13%–36.70%).
- What is the TTM average tax rate for Micron Technology, Inc. (MU)?
- The TTM average tax rate for MU stock is 24.17%.
- What is the 3Y average tax rate for Micron Technology, Inc. (MU)?
- The 3Y average tax rate for MU stock is 13.62%.
- What is the 5Y average tax rate for Micron Technology, Inc. (MU)?
- The 5Y average tax rate for MU stock is 11.69%.
- What is the 10Y average tax rate for Micron Technology, Inc. (MU)?
- The 10Y average tax rate for MU stock is 7.37%.
- What is the 15Y average tax rate for Micron Technology, Inc. (MU)?
- The 15Y average tax rate for MU stock is 7.74%.
- What is the 20Y average tax rate for Micron Technology, Inc. (MU)?
- The 20Y average tax rate for MU stock is 5.44%.
Micron Technology, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-08-28 | 11.63% |
| 2024-08-29 | 36.70% |
| 2023-08-31 | -3.13% |
| 2022-09-01 | 9.27% |
| 2021-09-02 | 6.30% |
| 2020-09-03 | 9.36% |
| 2019-08-29 | 9.83% |
| 2018-08-30 | 1.17% |
| 2017-08-31 | 2.19% |
| 2016-09-01 | -7.42% |
| 2015-09-03 | 5.14% |
| 2014-08-28 | 3.99% |
| 2013-08-29 | 0.67% |
| 2012-08-30 | 2.25% |
| 2011-09-01 | 36.84% |
| 2010-09-02 | -0.99% |
| 2009-09-03 | -0.05% |
| 2008-10-08 | -1.12% |
| 2007-10-12 | -17.86% |
| 2006-08-31 | 4.16% |
| 2005-09-01 | 5.34% |
| 2004-09-02 | 32.24% |
| 2003-08-28 | -6.08% |
| 2002-08-29 | 9.16% |
| 2001-08-30 | 46.48% |
| 2000-07-31 | 34.38% |
| 1999-09-02 | 39.34% |
| 1998-09-03 | 35.44% |
| 1997-08-28 | 43.18% |
| 1996-08-29 | 37.56% |
Related Metrics
About Micron Technology, Inc.
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Sanjay Mehrotra