Micron Technology Inc (MU)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	5,227,000	3,976,000	2,438,000	2,344,000	223,000	-1,539,000	-3,767,000	-6,452,000	-7,530,000	-8,425,000	-6,724,000	-5,016,000	-1,212,000	2,605,000	5,426,000	8,236,000	9,007,000	9,778,000	9,458,000	9,138,000
Total stockholders’ equity	US$ in thousands	48,633,000	46,797,000	45,131,000	45,131,000	44,225,000	44,225,000	43,870,000	42,885,000	44,120,000	45,405,000	45,405,000	47,257,000	47,257,000	49,306,000	49,306,000	49,907,000	49,907,000	49,281,000	49,281,000	47,845,000
ROE		10.75%	8.50%	5.40%	5.19%	0.50%	-3.48%	-8.59%	-15.04%	-17.07%	-18.56%	-14.81%	-10.61%	-2.56%	5.28%	11.00%	16.50%	18.05%	19.84%	19.19%	19.10%

February 28, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,227,000K ÷ $48,633,000K
= 10.75%

The return on equity (ROE) of Micron Technology Inc has shown fluctuations over the given period. Starting at a healthy 19.10% in March 3, 2022, the ROE maintained a relatively stable range above 15% until February 28, 2023, where it dipped into negative territory at -2.56%. This negative trend continued until June 1, 2023, hitting a low of -18.56%.

However, starting from August 29, 2024, the ROE began to recover, showing positive values again. By February 28, 2025, the ROE had improved to 10.75%.

Overall, the trend in Micron Technology Inc's ROE indicates a period of volatility followed by a recovery phase towards the end of the period. Investors may want to monitor future financial performance to assess the sustainability of this improvement in ROE.