Micron Technology (MU) Deferred Taxes (2010 - 2021)
Micron Technology's Deferred Taxes came in at -$54 million for fiscal Q1 2022 (quarter ended Dec 2, 2021), compared with $24 million a year earlier.
Micron Technology (MU) Deferred Taxes (2010 - 2021) Analysis & Trends
Over the trailing twelve months to Dec 2, 2021, Micron Technology reported Deferred Taxes of -$28 million; for FY2021 (ended Sep 2, 2021), it came in at $50 million.
- Deferred Taxes carries a five-year compound annual growth rate of 27.2% (FY2016 to FY2021).
- Going back by fiscal year, Deferred Taxes was -$79 million in FY2020, -$150 million in FY2019, $265 million in FY2018 and $22 million in FY2017 (+46.7%).
- The fiscal Q1 2022 figure represents the lowest quarterly Deferred Taxes since fiscal Q2 2019.
- Business Quant data shows MU's Deferred Taxes at -$44 million (Q4 2021), $83 million (Q3 2021) and -$13 million (Q2 2021) in the three fiscal quarters before Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | -602.00 Mn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 7.00 Mn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | - |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | -27.00 Mn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -18.00 Mn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | -175.75 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 49.00 Mn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | -66.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 2, 2021 | -54.00 Mn |
| Sep 2, 2021 | -44.00 Mn |
| Jun 3, 2021 | 83.00 Mn |
| Mar 4, 2021 | -13.00 Mn |
| Dec 3, 2020 | 24.00 Mn |
| Sep 3, 2020 | -53.00 Mn |
| May 28, 2020 | 12.00 Mn |
| Feb 27, 2020 | -19.00 Mn |
| Nov 28, 2019 | -19.00 Mn |
| Aug 29, 2019 | 45.00 Mn |
| May 30, 2019 | 125.00 Mn |
| Feb 28, 2019 | -128.00 Mn |
| Nov 29, 2018 | -192.00 Mn |
| Aug 30, 2018 | 49.00 Mn |
| May 31, 2018 | -46.00 Mn |
| Mar 1, 2018 | 299.00 Mn |
| Nov 30, 2017 | -37.00 Mn |
| Aug 31, 2017 | 102.00 Mn |
| Jun 1, 2017 | -21.00 Mn |
| Mar 2, 2017 | 5.00 Mn |
Micron Technology Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();