Micron Technology (FRA:MTE) 3-Year Revenue Growth Rate : -9.10% (As of Feb. 2024)

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What is Micron Technology 3-Year Revenue Growth Rate?

Micron Technology's Revenue per Share for the three months ended in Feb. 2024 was €4.85.

During the past 12 months, Micron Technology's average Revenue per Share Growth Rate was -20.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -9.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -4.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Micron Technology was 67.40% per year. The lowest was -21.50% per year. And the median was 8.90% per year.

Competitive Comparison of Micron Technology's 3-Year Revenue Growth Rate

For the Semiconductors subindustry, Micron Technology's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Micron Technology's 3-Year Revenue Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Micron Technology's 3-Year Revenue Growth Rate falls into.

Micron Technology 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Micron Technology (FRA:MTE) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Micron Technology 3-Year Revenue Growth Rate Related Terms

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Micron Technology (FRA:MTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (FRA:MTE) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MU:USA MU:Peru MU:Mexico MU_KZ:Kazakhstan MU:Italy MTEd:UK 0R2T:UK MTE:Germany MUTC34:Brazil MU:Austria

Address

8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632

Website

https://www.micron.com

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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