MICRON TECHNOLOGY INC Interest Expense 2009-2024 | MU
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is MICRON TECHNOLOGY INC's current interest expense?
MICRON TECHNOLOGY INC (MU) annual interest expense for 2023 was $388.0M, a 105.29% increase from 2022. MICRON TECHNOLOGY INC interest expense for the quarter ending May 30, 2024 was $150.0M.
What was MICRON TECHNOLOGY INC's interest expense in 2022?
MICRON TECHNOLOGY INC annual interest expense for 2022 was $189.0M, a 3.28% increase from 2021.
What was MICRON TECHNOLOGY INC's interest expense in 2021?
MICRON TECHNOLOGY INC annual interest expense for 2021 was $183.0M, a 5.67% decline from 2020.
What is MICRON TECHNOLOGY INC's 5-year interest expense CAGR?
MICRON TECHNOLOGY INC interest expense grew at a compound annual growth rate (CAGR) of 2.56% from FY2018 to FY2023, going from $342.0M to $388.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+2.6%
FY2018
$342.0M
→
FY2023
$388.0M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $388.0M | +105.3% | 10-K |
| FY2022 | $189.0M | +3.3% | 10-K |
| FY2021 | $183.0M | -5.7% | 10-K |
| FY2020 | $194.0M | +51.6% | 10-K |
| FY2019 | $128.0M | -62.6% | 10-K |
| FY2018 | $342.0M | -43.1% | 10-K |
| FY2017 | $601.0M | +37.5% | 10-K |
| FY2016 | $437.0M | +17.8% | 10-K |
| FY2015 | $371.0M | +5.4% | 10-K |
| FY2014 | $352.0M | +52.4% | 10-K |
| FY2013 | $231.0M | +29.1% | 10-K |
| FY2012 | $179.0M | +44.4% | 10-K |
| FY2011 | $124.0M | -30.3% | 10-K |
| FY2010 | $178.0M | -2.2% | 10-K |
| FY2009 | $182.0M | - | 10-K |
Company: MICRON TECHNOLOGY INCTicker: MUSector: TechnologyIndustry: Semiconductors & Related DevicesView company profile →