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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: 111.93 USD -3.78% Market Closed
Updated: Apr 19, 2024

ROIC
Return on Invested Capital

-6.5%
Current
7%
Average
3.8%
Industry
Negative for the last year
-6.5%
Positive average
7%
Worse than average
Worse than industry value

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
-6.5%
=
NOPAT
-3.6B
/
Invested Capital
54.1B

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

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What is 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
-6.5%
=
NOPAT
-3.6B
/
Invested Capital
54.1B
What is the ROIC of Micron Technology Inc?

Based on Micron Technology Inc's most recent financial statements, the company has ROIC of -6.5%.