• Micron Technology average return on tangible equity for 2024 was -0.44, a 94.45% decline from 2023.
• Micron Technology average return on tangible equity for 2023 was -7.93, a 142.61% decline from 2022.
• Micron Technology average return on tangible equity for 2022 was 18.61, a 44.82% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.