Micron Technology (MU) Return on Invested Capital [ROIC] (2010 - 2026)
Micron Technology (MU) posted Return on Invested Capital [ROIC] of 53.54% for fiscal Q3 2026 (quarter ended May 28, 2026), up 43.79 percentage points from 9.75% a year earlier and up 21.93 percentage points from the prior quarter.
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Analysis
Micron Technology (MU) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 28, 2025), Micron Technology's Return on Invested Capital [ROIC] came in at 13.57%, up 12.13 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +7.40 percentage points (FY2020 to FY2025).
- In prior fiscal years, Micron Technology's Return on Invested Capital [ROIC] was 1.43% in FY2024 (+11.49 pp), -10.06% in FY2023 (-26.43 pp), 16.37% in FY2022 (+4.16 pp) and 12.22% in FY2021 (+6.05 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2011.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last nine quarters, with an average year-over-year change of +18.25 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q3 2026, with a gain of 43.79 percentage points; the weakest was fiscal Q4 2023, with a drop of 25.47 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 31.62% (Q2 2026), 17.29% (Q1 2026) and 12.79% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 33.02% |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 53.54% |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 8.03% |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 47.24% |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 25.26% |
| 10 | Arm Holdings | 321.38 Bn | 307.09 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 53.54% |
| Feb 26, 2026 | 31.62% |
| Nov 27, 2025 | 17.29% |
| Aug 28, 2025 | 12.79% |
| May 29, 2025 | 9.75% |
| Feb 27, 2025 | 7.63% |
| Nov 28, 2024 | 6.61% |
| Aug 29, 2024 | 1.43% |
| May 30, 2024 | -2.60% |
| Feb 29, 2024 | -6.56% |
| Nov 30, 2023 | -11.71% |
| Aug 31, 2023 | -9.90% |
| Jun 1, 2023 | -4.66% |
| Mar 2, 2023 | 2.61% |
| Dec 1, 2022 | 10.63% |
| Sep 1, 2022 | 15.57% |
| Jun 2, 2022 | 18.09% |
| Mar 3, 2022 | 16.97% |
| Dec 2, 2021 | 14.43% |
| Sep 2, 2021 | 11.81% |
API Access
Micron Technology Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();