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Micron Technology MU Return on invested capital

Return on invested capital at other companies

Western Digital logo
Western DigitalWDC
38.5%+26.3pp
Seagate Technology Holdings PLC logo
Seagate Technology Holdings PLCSTX
87.7%+37.1pp
Everspin Technologies logo
Everspin TechnologiesMRAM
-26.5%
Penguin Solutions logo
Penguin SolutionsPENG
19.2%+15.1pp
Applied Materials logo
Applied MaterialsAMAT
25.2%-3.6pp
Broadcom Inc. logo
Broadcom Inc.AVGO
23.5%+8.3pp

Other financials

Income statement

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Revenue$41.5B+346%
Gross profit$35.1B+899%
Operating income$33.3B+1,436%
Net income$28.2B+1,398%
EPS (diluted)$24.67+1,368%

Balance sheet

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Cash & equivalents$25.0B+146%
Total debt$5.7B-70.4%
Total equity$100.72B+98.5%
Total assets$134.11B+71.1%

Cash flow

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Operating cash flow$25.4B+451%
CapEx$7.8B+166%
Free cash flow$17.6B+951%

Valuation

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Market cap$929.52B+671%
Enterprise value$910.25B+601%
P/E18.4×-1.0×
P/S10.3×+6.7×

Profitability

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Gross margin72.6%+35.4pp
Operating margin65.6%+43.0pp
Net margin55.9%+37.5pp
FCF margin29%+23.4pp

Returns & leverage

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Return on equity66.6%+53.5pp
Debt / equity0.1×-0.3×
Current ratio3.4×+0.7×

Where this comes from

Calculated from Micron Technology’s reported figures.

Based on trailing twelve months.

The source filing: Micron Technology’s 8-K, filed June 24, 2026. Open the filing →

Filed
Jun 24, 2026, 4:02 PM EDT
Accession
0000723125-26-000013

FAQ

What is Micron Technology's return on invested capital?
Micron Technology (MU) reported return on invested capital of 83.8% in Q2 2026.
How has Micron Technology's return on invested capital changed year-over-year?
Micron Technology's return on invested capital increased by 647.5% year-over-year, from 11.2% to 83.8%.
What is the long-term trend for Micron Technology's return on invested capital?
Over 4 years (2021 to 2025), Micron Technology's return on invested capital has grown at a 1.1% compound annual growth rate (CAGR), from 14.1% to 14.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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