Micron Technology Inc (MU)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Aug 29, 2024 | May 31, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Jun 1, 2023 | May 31, 2023 | Mar 2, 2023 | Feb 28, 2023 | Dec 1, 2022 | Nov 30, 2022 | Sep 1, 2022 | Aug 31, 2022 | Jun 2, 2022 | May 31, 2022 | Mar 3, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 6,991,000 | 5,909,000 | 4,454,000 | 2,899,000 | 249,000 | -1,914,000 | -4,394,000 | -5,927,000 | -7,102,000 | -7,933,000 | -6,381,000 | -4,927,000 | -1,103,000 | 2,721,000 | 5,934,000 | 9,050,000 | 10,075,000 | 11,100,000 | 10,727,000 | 10,354,000 |
| Total assets | US$ in thousands | 73,053,000 | 71,461,000 | 69,416,000 | 69,416,000 | 66,255,000 | 66,255,000 | 65,718,000 | 63,776,000 | 64,254,000 | 65,680,000 | 65,680,000 | 66,520,000 | 66,520,000 | 67,874,000 | 67,874,000 | 66,283,000 | 66,283,000 | 65,296,000 | 65,296,000 | 63,696,000 |
| Operating ROA | 9.57% | 8.27% | 6.42% | 4.18% | 0.38% | -2.89% | -6.69% | -9.29% | -11.05% | -12.08% | -9.72% | -7.41% | -1.66% | 4.01% | 8.74% | 13.65% | 15.20% | 17.00% | 16.43% | 16.26% |
February 28, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $6,991,000K ÷ $73,053,000K
= 9.57%
The operating return on assets (Operating ROA) for Micron Technology Inc has fluctuated over the reported periods. It started at a healthy level of 16.26% on March 3, 2022, and gradually increased to 17.00% on June 2, 2022. However, there was a decline in Operating ROA to 13.65% on September 1, 2022, and a more significant drop to 4.01% on December 1, 2022.
The trend continued downwards with negative Operating ROA figures in the following periods, hitting its lowest point at -12.08% on June 1, 2023. Subsequently, there was some recovery with the figure improving to 8.27% on November 30, 2024, and further increasing to 9.57% on February 28, 2025.
Overall, the Operating ROA of Micron Technology Inc has shown a volatile pattern, indicating fluctuations in the company's operational efficiency in generating profits from its assets over the analyzed periods.
Peer comparison
Feb 28, 2025