Micron Technology, Inc.

MU Technology Semiconductors

Micron Technology, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $133.2 billion, up 256.3% from fiscal 2025. In the quarter to August 2026, revenue grew 379.3%, EPS grew 1,066.4%, free cash flow grew 45,543.1% and total debt fell 64.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.

878.84 52.40 −5.63%
Market cap
$1.05T
P/E
11.7×
Fwd P/E
14.7×
Dividend yield
0.06%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) Return on invested capital

Alert me on Return on invested capital

Micron Technology, Inc.'s return on invested capital over the twelve months to 31 August 2026 was 62.0%. Over the past ten years it has ranged from −7.50% (fiscal 2023) to 62.0% (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 2.27% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 62.0% 51.56
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

Against its own ten years

Low −7.50% High 62.0%
Ten-year median 10.7%
Current reading's percentile 100

Return on invested capital against peers

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)

The full definition of Return on invested capital →

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