Micron Technology Inc
NASDAQ:MU
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Micron Technology Inc Competitors
Country | US |
Market Cap | 125B USD |
ROIC |
-6%
|
Country | US |
Market Cap | 2.1T USD |
ROIC |
94%
|
Country | TW |
Market Cap | 20.8T TWD |
ROIC |
22%
|
Country | US |
Market Cap | 590.3B USD |
ROIC |
13%
|
Country | US |
Market Cap | 250.9B USD |
ROIC |
1%
|
Country | US |
Market Cap | 181.1B USD |
ROIC |
23%
|
Country | US |
Market Cap | 149.3B USD |
ROIC |
32%
|
Country | US |
Market Cap | 148.5B USD |
ROIC |
0%
|
Country | UK |
Market Cap | 107.8B USD |
ROIC |
12%
|
Country | US |
Market Cap | 93.5B USD |
ROIC |
7%
|
Country | KR |
Market Cap | 125.4T KRW |
ROIC |
-7%
|
Profitability Report
View the profitability report to see the full profitability analysis for Micron Technology Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Micron Technology Inc's most recent financial statements, the company has ROIC of -6.5%.