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Micron Technology Inc
NASDAQ:MU

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Micron Technology Inc Logo
Micron Technology Inc
NASDAQ:MU
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Price: 111.58 USD -0.18% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

-5.6%
Current
5%
Average
2.5%
Industry

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-5.6%
=
Net Income
-3.8B
/
Total Assets
66.1B

ROA Across Competitors

ROA Comparison
Micron Technology Inc Competitors

Country US
Market Cap 123.5B USD
ROA
-6%
Country US
Market Cap 2T USD
ROA
56%
Country TW
Market Cap 20.3T TWD
ROA
16%
Country US
Market Cap 599.3B USD
ROA
9%
Country US
Market Cap 248.5B USD
ROA
1%
Country US
Market Cap 182.6B USD
ROA
15%
Country US
Market Cap 159.3B USD
ROA
19%
Country US
Market Cap 148.4B USD
ROA
1%
Country UK
Market Cap 100.4B USD
ROA
9%
Country US
Market Cap 98.2B USD
ROA
6%
Country KR
Market Cap 121.7T KRW
ROA
-9%

Profitability Report

View the profitability report to see the full profitability analysis for Micron Technology Inc.

See Also

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What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-5.6%
=
Net Income
-3.8B
/
Total Assets
66.1B
What is the ROA of Micron Technology Inc?

Based on Micron Technology Inc's most recent financial statements, the company has ROA of -5.6%.