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Micron Technology MU Return on assets

Return on assets at other companies

Broadcom Inc. logo
Broadcom Inc.AVGO
17.1%+9.5pp
Western Digital logo
Western DigitalWDC
41.5%+33.3pp
Seagate Technology Holdings PLC logo
Seagate Technology Holdings PLCSTX
28.9%+8.5pp
Applied Materials logo
Applied MaterialsAMAT
23%+2.4pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
16.7%-35.4pp
Advanced Micro Devices logo
Advanced Micro DevicesAMD
6.6%+3.4pp

Other financials

Income statement

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Revenue$23.9B+196%
Gross profit$17.8B+499%
Operating income$16.1B+810%
Net income$13.8B+771%
EPS (diluted)$12.07+756%

Balance sheet

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Cash & equivalents$13.9B+84.2%
Total debt$13.6B-23.8%
Total equity$72.5B+49.0%
Total assets$101.51B+39.0%

Cash flow

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Operating cash flow$11.9B+202%
CapEx$6.4B+57.5%
Free cash flow$5.5B+4,981%

Valuation

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Market cap$1.18T+292%
Enterprise value$1.18T+254%
P/E48.8×-15.4×
P/S20.2×+10.7×

Profitability

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Gross margin58.4%+23.7pp
Operating margin48.3%+28.6pp
Net margin41.5%+26.6pp

Returns & leverage

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Return on equity39.8%+29.7pp
Debt / equity0.2×-0.2×
Current ratio2.9×-0.2×

Where this comes from

Calculated from Micron Technology’s reported figures.

Based on trailing twelve months.

The official record: Micron Technology’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Micron Technology's return on assets?
Micron Technology (MU) reported return on assets of 27.6% in Q1 2026.
How has Micron Technology's return on assets changed year-over-year?
Micron Technology's return on assets increased by 310.3% year-over-year, from 6.7% to 27.6%.
What is the long-term trend for Micron Technology's return on assets?
Over 4 years (2021 to 2025), Micron Technology's return on assets has grown at a 1.8% compound annual growth rate (CAGR), from 30% to 32.3%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.