Microchip Technology

US · MCHP #528 by market cap Listed 1970

78.02 -3.24 -3.99%

Live - 5344 symbols - heartbeat 125s ago · 2026-10-08 06:49

Pre-market 76.71 -1.68%

After-hours 78.21 +0.25%

Overnight 77.08 -1.20%

Market cap: 42.37B
P/E (TTM): 114.74
P/B: 6.57
EPS: 0.22
Div yield: 2.33%
52W pos: 53%

Reader sentiment Are you bullish or bearish on MCHP?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.23, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +7.08% YoY

Margins

Gross margin: 57.73%
Operating margin: 11.24%
Net margin: 2.52%

Key ratios & quality

Enterprise value: 47.66B
Altman Z-Score: 4.23

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	5.35B	5.27B	5.44B	6.82B	8.44B	7.63B	4.40B	4.71B
Gross profit	2.93B	3.24B	3.38B	4.45B	5.70B	5.00B	2.47B	2.72B
Selling & admin expenses	682.90M	676.60M	610.30M	718.90M	797.70M	734.20M	617.70M	674.30M
Research & development	826.30M	877.80M	836.40M	989.10M	1.12B	1.10B	983.80M	1.09B
Operating profit	748.00M	693.80M	999.80M	1.88B	3.11B	2.56B	375.50M	529.80M
Pretax profit	204.50M	150.40M	339.50M	1.48B	2.91B	2.37B	38.90M	273.50M
Tax	-151.40M	-420.20M	-9.90M	197.00M	672.00M	459.00M	39.40M	43.50M
Net profit	355.90M	570.60M	349.40M	1.29B	2.24B	1.91B	-500.00K	230.00M
Basic EPS	1	1	1	2	4	4	0	0
Diluted EPS	0.71	1.11	0.65	2.27	4.02	3.48	-0.01	0.22

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	970.50M	1.08B	1.14B	1.19B	1.31B	1.48B
Gross profit	501.10M	576.70M	637.90M	706.90M	799.60M	938.90M
Selling & admin expenses	152.00M	159.30M	172.30M	168.50M	174.20M	184.30M
Research & development	255.20M	255.50M	262.30M	274.30M	293.80M	308.90M
Operating profit	-28.70M	54.30M	95.20M	156.50M	223.80M	355.70M
Pretax profit	-168.30M	-15.80M	31.80M	93.60M	163.90M	289.90M
Tax	-13.70M	2.80M	-9.90M	30.90M	19.70M	60.10M
Net profit	-154.60M	-18.60M	41.70M	62.70M	144.20M	229.80M
Basic EPS	0	0	0	0	0	0
Diluted EPS	-0.29	-0.09	0.03	0.06	0.21	0.37

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	2.21B	2.22B	2.15B	2.45B	3.07B	3.01B	2.99B	2.38B
Cash & ST investments	430.90M	403.00M	282.00M	319.40M	234.00M	319.70M	771.70M	240.30M
Inventory	711.70M	685.70M	665.00M	854.40M	1.32B	1.32B	1.29B	1.04B
Total assets	18.35B	17.43B	16.48B	16.20B	16.37B	15.87B	15.37B	14.37B
Total current liabilities	2.37B	1.64B	2.41B	1.40B	3.12B	2.52B	1.16B	1.14B
Short-term debt	1.36B	653.30M	1.36B	33.80M	1.43B	1.03B	35.70M	38.80M
Long-term debt	8.95B	8.87B	7.58B	7.69B	5.04B	5.00B	5.63B	5.50B
Total liabilities	13,062,500,000.00	11,840,600,000.00	11,141,700,000.00	10,304,700,000.00	9,856,700,000.00	9,215,400,000.00	8,296,300,000.00	7,937,700,000.00
Total equity	5.29B	5.59B	5.34B	5.89B	6.51B	6.66B	7.08B	6.43B
Retained earnings	3.21B	3.43B	3.39B	4.18B	5.76B	6.76B	5.78B	4.92B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	2.99B	2.75B	2.35B	2.29B	2.38B	2.49B
Cash & ST investments	771.70M	566.50M	236.80M	250.70M	240.30M	272.30M
Inventory	1.29B	1.17B	1.10B	1.06B	1.04B	1.05B
Total assets	15.37B	14.98B	14.47B	14.33B	14.37B	14.41B
Total current liabilities	1.16B	1.19B	1.04B	1.06B	1.14B	1.29B
Short-term debt	35.70M	36.40M	36.80M	38.60M	38.80M	37.40M
Long-term debt	5.63B	5.46B	5.38B	5.37B	5.50B	5.36B
Total liabilities	8,296,300,000.00	8,122,400,000.00	7,774,200,000.00	7,765,100,000.00	7,937,700,000.00	7,956,400,000.00
Total equity	7.08B	6.86B	6.70B	6.56B	6.43B	6.45B
Retained earnings	5.78B	5.49B	5.26B	5.05B	4.92B	4.87B

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	1.67B	1.54B	1.92B	2.84B	3.62B	2.89B	898.10M	962.10M
Depreciation & amortization	876.40M	1.22B	1.15B	1.14B	998.40M	879.50M	750.10M	689.30M
Free cash flow	1.45B	1.48B	1.82B	2.47B	3.13B	2.61B	772.10M	871.00M
Dividends paid	-344.40M	-350.10M	-388.30M	-503.80M	-695.30M	-911.50M	-975.70M	-1.09B
Stock buybacks / issuance	42.60M	58.80M	60.30M	-355.10M	-863.50M	-900.00M	-31.10M	61.70M
Ending cash balance	428.60M	401.00M	280.00M	317.40M	234.00M	319.70M	771.70M	240.30M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	205.90M	275.60M	88.10M	341.40M	257.00M	511.50M
Depreciation & amortization	187.00M	171.10M	172.70M	171.80M	173.70M	156.70M
Free cash flow	191.70M	257.70M	51.60M	318.90M	242.80M	497.60M
Dividends paid	-244.80M	-270.60M	-273.60M	-273.90M	-274.40M	-274.70M
Stock buybacks / issuance	20.00M	12.40M	17.90M	12.20M	19.20M	13.00M
Ending cash balance	771.70M	566.50M	236.80M	250.70M	240.30M	272.30M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	8.31	10.50	6.40	22.89	36.07	28.96	-0.04	1.76
ROA %	2.68	3.19	2.06	7.87	13.74	11.83	-0.02	0.80
ROIC %	6.54	6.07	4.06	10.74	17.94	16.01	1.40	2.35
5-year avg ROE %	11.06	9.62	7.81	11.18	16.83	20.96	18.85	17.93
EBIT margin %	13.22	12.28	12.49	25.33	36.78	33.49	6.60	10.37
FCF / sales %	27.03	27.99	33.54	36.25	37.15	34.16	17.54	18.48
Current ratio	0.93	1.35	0.89	1.75	0.98	1.20	2.59	2.09
Quick ratio	0.55	0.82	0.53	0.99	0.49	0.58	1.27	1.00
Debt / assets	56.17	54.67	54.28	47.66	39.53	38.00	36.85	38.52
LT debt / equity	169.20	158.86	142.05	130.41	77.40	75.11	79.54	85.45
Interest coverage	1.41	1.30	2.00	7.04	15.97	13.39	1.15	2.27
Revenue CAGR (3Y) %	35.02	15.67	10.96	8.44	16.96	11.97	-13.58	-17.65
Net income CAGR (3Y) %	3.17	51.34	11.01	53.43	57.70	76.06	--	-53.16
FCF CAGR (3Y) %	30.77	14.47	14.57	19.58	28.54	12.65	-32.16	-34.75

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	-0.04	-2.69	-3.75	-2.45	1.76	5.52
ROA %	-0.02	-1.16	-1.61	-1.03	0.80	2.50
ROIC %	1.40	-0.02	-0.21	0.08	2.35	4.39
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	6.60	2.57	1.13	4.00	10.37	15.33
FCF / sales %	17.54	17.13	17.91	18.75	18.48	21.69
Current ratio	2.59	2.31	2.25	2.16	2.09	1.92
Quick ratio	1.27	1.12	0.94	0.93	1.00	0.96
Debt / assets	36.85	36.68	37.41	37.73	38.52	37.47
LT debt / equity	79.54	79.60	80.29	81.79	85.45	83.11
Interest coverage	1.15	0.44	0.19	0.75	2.27	3.81
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Semiconductor Products is the largest reported line at 97.13% of revenue, across 2 reported segments.
The next-largest line, Technology Licensing, is a distant second at 2.87% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Semiconductor Products97.13%

Technology Licensing2.87%

Quote time 2026-10-08 06:49:16 · For reference only, not investment advice and not tailored to your situation.