Micron Technology (MU) Return on Capital Employed [ROCE] (2010 - 2026)
Micron Technology's Return on Capital Employed [ROCE] came in at 60.25% for fiscal Q3 2026 (quarter ended May 28, 2026), up 48.61 percentage points from 11.65% a year earlier and up 24.89 percentage points from the prior quarter.
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Analysis
Micron Technology (MU) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 28, 2025), Micron Technology's Return on Capital Employed [ROCE] was 15.11%, up 12.85 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +8.39 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Capital Employed [ROCE] was 2.26% in FY2024 (+11.76 pp), -9.50% in FY2023 (-27.13 pp), 17.63% in FY2022 (+5.02 pp) and 12.61% in FY2021 (+5.88 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q1 2011.
- Year-over-year, Return on Capital Employed [ROCE] has increased for nine consecutive quarters, with an average year-over-year change of +19.97 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in fiscal Q3 2026 (a gain of 48.61 percentage points), and the weakest in fiscal Q4 2023 (a drop of 26.20 percentage points).
- Business Quant data shows MU's Return on Capital Employed [ROCE] at 35.36% (Q2 2026), 18.99% (Q1 2026) and 14.13% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 8.47% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 50.54% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 28.98% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 9.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 60.25% |
| Feb 26, 2026 | 35.36% |
| Nov 27, 2025 | 18.99% |
| Aug 28, 2025 | 14.13% |
| May 29, 2025 | 11.65% |
| Feb 27, 2025 | 9.61% |
| Nov 28, 2024 | 7.50% |
| Aug 29, 2024 | 2.23% |
| May 30, 2024 | -2.86% |
| Feb 29, 2024 | -7.13% |
| Nov 30, 2023 | -11.48% |
| Aug 31, 2023 | -9.54% |
| Jun 1, 2023 | -4.51% |
| Mar 2, 2023 | 3.25% |
| Dec 1, 2022 | 11.33% |
| Sep 1, 2022 | 16.66% |
| Jun 2, 2022 | 19.37% |
| Mar 3, 2022 | 17.88% |
| Dec 2, 2021 | 15.03% |
| Sep 2, 2021 | 12.33% |
API Access
Micron Technology Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();