Micron Technology (MIL:1MU) ROE %: 83.18% (As of Feb. 2026) — 431% Above Median


MIL:1MU Micron Technology Inc MIL:1MU
70 GF Score
Price €949.90
GF Value €356.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Micron Technology ROE %?

Micron Technology MIL:1MU -7.54% 70 ROE % is 83.18% as of Feb. 2026, which is 431% above its 10-year median of 15.67. GuruFocus rates MIL:1MU with a GF Score™ of 70/100 and a GF Value™ of €356.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,004 Semiconductors companies, Micron Technology ranks better than 95.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Micron Technology's annualized net income for the quarter that ended in Feb. 2026 was €46,648 Mil. Micron Technology's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was €56,084 Mil. Therefore, Micron Technology's annualized ROE % for the quarter that ended in Feb. 2026 was 83.18%.

The historical rank and industry rank for Micron Technology's ROE % or its related term are showing as below:

MIL:1MU' s ROE % Range Over the Past 10 Years
Min: -12.41   Med: 15.67   Max: 55.52
Current: 42.33

During the past 13 years, Micron Technology's highest ROE % was 55.52%. The lowest was -12.41%. And the median was 15.67%.

MIL:1MU's ROE % is ranked better than
95.62% of 1004 companies
in the Semiconductors industry
Industry Median: 4.47 vs MIL:1MU: 42.33

Micron Technology  (MIL:1MU) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=46648.44/56083.752
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(46648.44 / 80742.24)*(80742.24 / 80120.7645)*(80120.7645 / 56083.752)
=Net Margin %*Asset Turnover*Equity Multiplier
=57.77 %*1.0078*1.4286
=ROA %*Equity Multiplier
=58.22 %*1.4286
=83.18 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=46648.44/56083.752
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (46648.44 / 54685.44) * (54685.44 / 54600.84) * (54600.84 / 80742.24) * (80742.24 / 80120.7645) * (80120.7645 / 56083.752)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.853 * 1.0015 * 67.62 % * 1.0078 * 1.4286
=83.18 %

Note: The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Micron Technology ROE % Related Terms


Micron Technology ROE % Historical Data

* Premium members only.

The historical data trend for Micron Technology's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Micron Technology ROE % Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 19.80 -11.92 1.73 16.77

Micron Technology Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.39 14.59 24.03 37.23 83.18

MIL:1MU vs AMD, INTC, TXN: ROE % Comparison

For the Semiconductors subindustry, Micron Technology's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micron Technology ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Micron Technology's ROE % falls into.


MIL:1MU
70GF Score
Micron Technology Inc MIL:1MU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Technology ROE % Calculation

Micron Technology's annualized ROE % for the fiscal year that ended in Aug. 2025 is calculated as

ROE %=Net Income (A: Aug. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Aug. 2025 ))/ count )
=7335.001/( (40933.817+46527.735)/ 2 )
=7335.001/43730.776
=16.77 %

Micron Technology's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=46648.44/( (50867.19+61300.314)/ 2 )
=46648.44/56083.752
=83.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 83.18% mean?
Micron Technology (MIL:1MU) has a ROE % of 83.18% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Micron Technology and its competitors. This is 431% above median its historical median of 15.67. According to the industry distribution chart, Micron Technology ranks #44 out of 1004 companies in the Semiconductors industry, placing it in the top 4.4%.
Is Micron Technology's ROE % too high?
Micron Technology's current ROE % of 83.18% is 431% above median its 10-year median of 15.67. The Semiconductors industry median ROE % is 4.47. Micron Technology's value of 83.18% is 1760.9% above this industry median. Based on the distribution chart, Micron Technology ranks #44 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micron Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's ROE % compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #44 out of 1004 companies for ROE %. This places Micron Technology in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 4.47. Micron Technology's value of 83.18% is 1760.9% above this benchmark. While the company's 10-year median is 15.67 vs. the industry median of 4.47, Micron Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.47, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current ROE % of 83.18% is 1760.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Micron Technology and its competitors. For the Semiconductors industry, the median ROE % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current ROE % is 83.18%, which is 431% above median its own 10-year median of 15.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MIL:1MU) is currently considered Significantly Overvalued. The stock's GF Value™ is €356.20, compared to a current price of €949.90 — trading 166.7% above its estimated fair value. The current ROE % is 83.18%, which is 431% above median its 10-year median of 15.67 and 1760.9% above the Semiconductors industry median of 4.47. Micron Technology's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Micron Technology (MIL:1MU), the current ROE % is 83.18% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MIL:1MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of €949.90 is trading 166.7% above its estimated GF Value™ of €356.20. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MIL:1MU:

  • ROE %: 83.18% (431% above median its 10-year median of 15.67)
  • GF Value™: €356.20 vs. price of €949.90 (166.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 1760.9% above the Semiconductors median (#44 of 1004)

No single metric tells the full story. See the MIL:1MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
70GF Score

Get the complete analysis for MIL:1MU

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€949.90
Price
€356.20
GF Value