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| 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 |