Micron Technology Inc
NASDAQ:MU
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| US |
|
Micron Technology Inc
NASDAQ:MU
|
108B USD |
10%
|
|
| US |
|
NVIDIA Corp
NASDAQ:NVDA
|
3.3T USD |
129%
|
|
| US |
|
Broadcom Inc
NASDAQ:AVGO
|
1.1T USD |
21%
|
|
| TW |
|
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
|
25T TWD |
32%
|
|
| US |
|
Advanced Micro Devices Inc
NASDAQ:AMD
|
186.3B USD |
4%
|
|
| US |
|
Texas Instruments Inc
NASDAQ:TXN
|
166.1B USD |
29%
|
|
| US |
|
Qualcomm Inc
NASDAQ:QCOM
|
163.5B USD |
42%
|
|
| UK |
|
Arm Holdings PLC
NASDAQ:ARM
|
143.1B USD |
13%
|
|
| US |
|
Analog Devices Inc
NASDAQ:ADI
|
107.6B USD |
4%
|
|
| KR |
|
SK Hynix Inc
KRX:000660
|
139.8T KRW |
38%
|
|
| US |
|
Intel Corp
NASDAQ:INTC
|
89.9B USD |
-19%
|
Micron Technology Inc
Glance View
Nestled in the heart of the semiconductor industry, Micron Technology Inc. has carved out a discerning path marked by innovation and resilience. Founded in 1978, Micron has methodically grown its footprint to become a leading producer of memory and storage solutions. It primarily manufactures DRAM, NAND, and NOR memory, vital components in a multitude of digital devices and data centers that fuel the modern economy. These components are essential for everything from personal computing and smartphones to the vast expanses of cloud infrastructure, making Micron an integral player in technological advancement. The company's steady march forward is buoyed by its deep investments in research and development, enabling it to stay at the forefront of industry trends and consumer demands. The mechanics of Micron's business are predicated on its ability to efficiently produce and distribute these high-precision memory solutions across global markets. The company earns its revenue by providing these components to a diverse array of end markets, including automotive, mobile, and enterprise sectors. This diversity acts as a buffer against volatility in any single market segment, illustrating a strategy that echoes the prudent philosophies of economic moats and competitive advantages. Micron’s operational prowess is also characterized by its strategic partnerships and alliances, which bolster its supply chain and technological capabilities. As data becomes the new oil, Micron's role in supporting advanced computing applications, artificial intelligence, and increasingly data-centric industries places it on a promising trajectory in the digital age.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Micron Technology Inc's most recent financial statements, the company has ROE of 10.2%.
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