Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Micron Technology's 5-Year RORE % for the quarter that ended in Feb. 2024 was -56.83%.
The industry rank for Micron Technology's 5-Year RORE % or its related term are showing as below:
MU's 5-Year RORE % is ranked worse than 88.47% of 772
companies
in the Semiconductors industry
Industry Median: 10.88
vs MU: -56.83
Micron Technology 5-Year RORE % Historical Data
The historical data trend for Micron Technology's 5-Year RORE % 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.
* Premium members only.
Micron Technology Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
5-Year RORE %
12.77
11.28
2.88
-11.91
-74.51
Micron Technology Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
5-Year RORE %
-38.89
-57.55
-74.51
-89.57
-56.83
Competitive Comparison
For the Semiconductors subindustry, Micron Technology's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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 5-Year RORE % Distribution
For the Semiconductors industry and Technology sector, Micron Technology's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where Micron Technology's 5-Year RORE % falls into.
Micron Technology 5-Year RORE % Calculation
Micron Technology's 5-Year RORE % for the quarter that ended in Feb. 2024 is calculated as:
* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2024 and 5-year before.
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Micron Technology 5-Year RORE % Related Terms
Thank you for viewing the detailed overview of Micron Technology's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Micron Technology (Micron Technology) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MU has been successfully added to your 