Micron Technology (MU) Deferred Taxes (2010 - 2021)

Micron Technology (MU) posted Deferred Taxes of -$54.0 million for Q4 2021, down 22.73% sequentially from -$44.0 million in Q3 2021, and down 325.0% YoY from $24.0 million in Q4 2020.

Micron Technology (MU) Deferred Taxes (2010 - 2021) Analysis & Trends

Micron Technology has reported Deferred Taxes for 12 years, with the latest figure at -$54.0 million in Q4 2021.

  • Quarterly Deferred Taxes fell 325.0% year-over-year to -$54.0 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was -$28.0 million (up 22.22% YoY) and the FY2021 annual result came in at $50.0 million, up 163.29% from the prior year.
  • Deferred Taxes fell to -$54.0 million in Q4 2021 per MU's latest filing, from -$44.0 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at $299.0 million in Q1 2018 and troughed at -$192.0 million in Q4 2018.
  • A 5-year average of $5.9 million and a median of -$16.0 million in 2019 frame the typical range for Deferred Taxes.
  • The widest YoY moves for Deferred Taxes: up 5880.0% in 2018, down 418.92% in 2018.
  • Over 5 years, Deferred Taxes stood at -$37.0 million in 2017, then slumped by 418.92% to -$192.0 million in 2018, then surged by 90.1% to -$19.0 million in 2019, then jumped by 226.32% to $24.0 million in 2020, then plunged by 325.0% to -$54.0 million in 2021.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$54.0 million, -$44.0 million, and $83.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Nvidia 5,128.95 Bn 5,085.47 Bn 61.16 Bn 1.58 Bn
2 Taiwan Semiconductor Manufacturing 2,163.01 Bn 2,066.06 Bn 23.77 Bn -
3 Broadcom 1,989.61 Bn 1,969.98 Bn 15.42 Bn -603.00 Mn
4 Micron Technology 1,138.15 Bn 1,112.13 Bn 35.06 Bn -
5 Advanced Micro Devices 880.03 Bn 867.68 Bn 5.42 Bn -79.00 Mn
6 Intel 508.64 Bn 494.51 Bn 6.51 Bn -18.00 Mn
7 Aeluma 329.44 Bn 329.40 Bn 386,000.00 -
8 Arm Holdings 299.64 Bn 295.75 Bn 1.25 Bn -66.00 Mn
9 Texas Instruments 258.67 Bn 251.67 Bn 3.35 Bn -62.00 Mn
10 Marvell Technology 191.40 Bn 187.55 Bn 1.26 Bn 13.80 Mn

Historic Data

Download Data
DateValue
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