Micron Technology (MU) Restructuring Costs (2009 - 2024)
Micron Technology (MU) posted Restructuring Costs of $1.0 million for Q3 2024, down 75.0% sequentially from $4.0 million in Q3 2023, and down 75.0% YoY from $4.0 million in Q3 2023.
Micron Technology (MU) Restructuring Costs (2009 - 2024) Analysis & Trends
Micron Technology has reported Restructuring Costs for 14 years, with the latest figure at $1.0 million in Q3 2024.
- Quarterly Restructuring Costs fell 75.0% year-over-year to $1.0 million in Q3 2024, while the trailing twelve-month figure through Aug 2024 was $1.0 million (down 99.42% YoY) and the FY2025 annual result came in at $39.0 million, up 3800.0% from the prior year.
- Restructuring Costs retreated to $1.0 million in Q3 2024 per MU's latest filing, from $4.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $453.0 million in Q2 2021 and troughed at $1.0 million in Q3 2024.
- A 5-year average of $54.4 million and a median of $10.5 million in 2020 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2021 and 2022: Restructuring Costs surged 11225.0% in 2021, then slumped 77.27% in 2022.
- Over 5 years, Restructuring Costs stood at $8.0 million in 2020, then surged by 375.0% to $38.0 million in 2021, then slumped by 65.79% to $13.0 million in 2022, then tumbled by 69.23% to $4.0 million in 2023, then slumped by 75.0% to $1.0 million in 2024.
- According to Business Quant data, Restructuring Costs over the past three periods registered $1.0 million, $4.0 million, and $68.0 million for Q3 2024, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn |
| 10 | Analog Devices | 176.27 Bn | 172.83 Bn | 2.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 29, 2024 | 1.00 Mn |
| Aug 31, 2023 | 4.00 Mn |
| Jun 1, 2023 | 68.00 Mn |
| Mar 2, 2023 | 86.00 Mn |
| Dec 1, 2022 | 13.00 Mn |
| Sep 1, 2022 | 5.00 Mn |
| Mar 3, 2022 | 5.00 Mn |
| Dec 2, 2021 | 38.00 Mn |
| Sep 2, 2021 | 22.00 Mn |
| Jun 3, 2021 | 453.00 Mn |
| Mar 4, 2021 | 5.00 Mn |
| Dec 3, 2020 | 8.00 Mn |
| Sep 3, 2020 | 50.00 Mn |
| May 28, 2020 | 4.00 Mn |
| Aug 31, 2017 | -27.00 Mn |
| Jun 1, 2017 | 12.00 Mn |
| Mar 2, 2017 | 4.00 Mn |
| Dec 1, 2016 | 29.00 Mn |
| Sep 1, 2016 | 51.00 Mn |
| Mar 3, 2016 | 1.00 Mn |