Micron Technology, Inc. MU
- Market cap
- $1.24T
- P/E
- 24.2×
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Micron Technology, Inc. (MU) Return on invested capital
Micron Technology, Inc.'s return on invested capital over the twelve months to 31 May 2026 was 46.0%, up 35.6 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from −7.50% (fiscal 2023) to 30.2% (fiscal 2018); the current reading is higher than 55% of that period. That is above the Semiconductors industry median of 2.46% and above the Technology sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 10.5% | 8.83 |
| FY2024 | 1.62% | 9.12 |
| FY2023 | −7.50% | (20.27) |
| FY2022 | 12.8% | 3.44 |
| FY2021 | 9.33% | 4.32 |
| FY2020 | 5.01% | (8.29) |
| FY2019 | 13.3% | (16.93) |
| FY2018 | 30.2% | 15.67 |
| FY2017 | 14.6% | 13.99 |
| FY2016 | 0.57% | (10.38) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| NVDA NVIDIA Corporation compare | 76.2% |
| MU Micron Technology, Inc. | 46.0% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 39.7% |
| AVGO Broadcom Inc. compare | 19.8% |
| TXN Texas Instruments Incorporated compare | 18.1% |
| ARM ARM Holdings PLC Sponsored ADR compare | 11.6% |
| AMD Advanced Micro Devices, Inc. compare | 7.07% |
| MRVL Marvell Technology, Inc. compare | 4.99% |
| INTC Intel Corporation compare | −0.04% |
| Semiconductors industry median | 2.46% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on MU
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement