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MICRON TECHNOLOGY INC Interest Expense 2009-2024 | MU

Annual FY2009–FY2023 · quarterly through Q3 FY2024

Latest annual · FY2023

$388.0M

+105.3%YoY vs FY2022Source: 10-KFY2023

From $182.0M in FY2009 to $388.0M in FY2023: 2.1× in 14 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$132M+158.8%$144M+61.8%$150M+26.1%Not reported
FY23$51M+13.3%$89M+61.8%$119M+170.5%$129M+186.7%
FY22$45M−6.3%$55M+31.0%$44M−4.3%$45M−4.3%
FY21$48M+2.1%$42M−8.7%$46M−9.8%$47M−6.0%
FY20$47M+42.4%$46M+70.4%$51M+75.9%$50M+28.2%
Share25%25%25%25%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+2.6%

FY2018
$342.0M
FY2023
$388.0M

5 years selected · on the chart

Interest Expense History

Year-over-year comparison from 10-K annual reports

  1. $388.0M
YoY changeLargest recent move−62.6%in FY19Latest +105.3%

Interest Expense, period by period

PeriodValueChangeSource
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

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.

Company
MICRON TECHNOLOGY INC
Ticker
MU
Sector
Technology
Industry
Semiconductors & Related Devices