Micron Technology, Inc. (MU) Return on Invested Capital (ROIC): 12.12%
Is Micron Technology, Inc.’s return on invested capital (ROIC) high or low?
Micron Technology, Inc.'s return on invested capital (ROIC) of 12.12% is 103% above its 5-year average of 5.96%, near the high end of its 5-year range (-9.61%–14.96%).
The return on invested capital (ROIC) for Micron Technology, Inc. (MU) is 12.12% as of Wednesday, June 10, 2026. It is above its 12-month average by 79.82% (6.74%).
MU Return on Invested Capital (ROIC) Chart
MU Average Return on Invested Capital (ROIC) Chart
MU Current vs Average Return on Invested Capital (ROIC) Chart
MU Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
12.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.97%
CURRENT VS TTM AVG
+79.82%
CURRENT VS 3Y AVG
+157.46%
CURRENT VS 5Y AVG
+103.24%
CURRENT VS 10Y AVG
+9.38%
CURRENT VS 15Y AVG
+28.10%
CURRENT VS 20Y AVG
+102.90%
MU Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Micron Technology, Inc. (MU) | — | 12.12% | 6.74% | 4.71% | 5.96% |
| Advanced Micro Devices, Inc. (AMD) | $739.38B | 5.40% | 3.95% | 2.65% | 9.51% |
| Oracle Corporation (ORCL) | $586.87B | 10.86% | 11.07% | 10.74% | 11.30% |
| Intel Corporation (INTC) | $536.12B | 0.00% | -3.55% | -1.38% | 1.34% |
| Cisco Systems, Inc. (CSCO) | $470.05B | 11.66% | 11.23% | 13.98% | 13.96% |
| Lam Research Corporation (LRCX) | $400.88B | 34.00% | 29.55% | 30.13% | 32.11% |
| Applied Materials, Inc. (AMAT) | $396.67B | 21.96% | 23.89% | 27.74% | 28.32% |
| Arm Holdings plc American Depositary Shares (ARM) | $328.47B | 7.31% | 8.79% | 7.17% | 6.68% |
| Palantir Technologies Inc. (PLTR) | $298.97B | 17.95% | 11.73% | 5.20% | -8.29% |
| KLA Corporation (KLAC) | $279.96B | 38.11% | 32.67% | 33.86% | 30.57% |
Capital Efficiency
ROIC
12.1%
ROE
33.3%
Micron Technology, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Micron Technology, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The return on invested capital (ROIC) for MU stock is 12.12%.
- Is Micron Technology, Inc.'s return on invested capital (ROIC) high or low?
- Micron Technology, Inc.'s return on invested capital (ROIC) of 12.12% is 103% above its 5-year average of 5.96%, near the high end of its 5-year range (-9.61%–14.96%).
- What is the TTM average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The TTM average return on invested capital (ROIC) for MU stock is 6.74%.
- What is the 3Y average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The 3Y average return on invested capital (ROIC) for MU stock is 4.71%.
- What is the 5Y average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The 5Y average return on invested capital (ROIC) for MU stock is 5.96%.
- What is the 10Y average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The 10Y average return on invested capital (ROIC) for MU stock is 11.08%.
- What is the 15Y average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The 15Y average return on invested capital (ROIC) for MU stock is 9.46%.
- What is the 20Y average return on invested capital (ROIC) for Micron Technology, Inc. (MU)?
- The 20Y average return on invested capital (ROIC) for MU stock is 5.97%.
Micron Technology, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-08-28 | 12.12% |
| 2024-08-29 | 1.36% |
| 2023-08-31 | -9.61% |
| 2022-09-01 | 14.96% |
| 2021-09-02 | 11.20% |
| 2020-09-03 | 5.75% |
| 2019-08-29 | 15.18% |
| 2018-08-30 | 38.51% |
| 2017-08-31 | 18.36% |
| 2016-09-01 | 0.72% |
| 2015-09-03 | 13.34% |
| 2014-08-28 | 15.35% |
| 2013-08-29 | 2.70% |
| 2012-08-30 | -4.91% |
| 2011-09-01 | 3.84% |
| 2010-09-02 | 12.51% |
| 2009-09-03 | -16.78% |
| 2008-10-08 | -13.17% |
| 2007-10-12 | -2.12% |
| 2006-08-31 | 3.13% |
| 2005-09-01 | 3.00% |
| 2004-09-02 | 2.47% |
| 2003-08-28 | -18.97% |
| 2002-08-29 | -13.51% |
| 2001-08-30 | -6.73% |
| 2000-07-31 | 18.74% |
| 1999-09-02 | -0.46% |
| 1998-09-03 | -7.86% |
| 1997-08-28 | 5.41% |
| 1996-08-29 | 18.13% |
Related Metrics
About Micron Technology, Inc.
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Sanjay Mehrotra