Microchip Technology Inc (MCHP)

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing. The company offers general-purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors; and specialized mixed-signal microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog products, including power management, linear, mixed-signal, high voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), gate drivers, safety, security, timing, application-specific standard products, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program mixed-signal microcontroller, FPGA, and microprocessor products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random-access memory, and electrically erasable random-access memory for footprint devices. Further, it licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate arrays, RF, analog, and neuromorphic compute products. Additionally, the company offers engineering services; wafer foundry, assembly, and test subcontracting manufacturing services; and timing systems, application-specific integrated circuits, and products for aerospace applications. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.

Symbol
MCHP
Exchange
Nasdaq
Sector
Technology
Industry
Semiconductors
Market cap
$44.16B
52 week range
48.52 - 105.91

Valuation

Share price
$81.32 (close of 2026-10-02)
P/E (TTM)
119.59x
Price to book
6.85x
Price to free cash flow
39.75x
Enterprise value
$49.28B
Book value per share
$11.88

Price performance

PeriodChange
1 day+3.59%
5 days+3.34%
1 month+11.76%
3 months-3.92%
6 months+23.96%
Year to date+27.62%
1 year+22.97%
3 years+3.76%
5 years+6.50%
10 years+161.73%
All time+24542.42%

Members of Congress who disclosed MCHP trades

Alan Armstrong · Gilbert Ray Cisneros · Jefferson Shreve · Julie Johnson · Robert Bresnahan

Super investors holding MCHP

Dodge & Cox (Dodge & Cox Funds) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · George Soros (Soros Fund Mgmt) · Lee Ainslie (Maverick Capital LTD) · Christopher Bloomstran (Semper Augustus Investments Grroup LLC)

Profitability and growth

Return on equity
3.58%
Return on invested capital
3.81%
Return on assets
1.60%
Return on capital employed
3.70%
Gross margin
57.73%
Net margin
4.88%
EBITDA margin
25.02%
Revenue growth
7.08%
Net income growth
46100.00%
Free cash flow growth
12.81%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.52%
Current ratio
1.92x
Net debt to EBITDA
3.51x

Latest reported year

Period end
2026-03-31
Fiscal year
2026
Revenue
$4.71B
Cost of revenue
$1.99B
Gross profit
$2.72B
EBITDA
$1.18B
Net income
$230.00M
Earnings per share
$0.22
Research and development
$1.09B
Shares outstanding
540.40M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-03-31$4.71B$2.72B$230.00M$0.22
2025-03-31$4.40B$2.47B-$500.00K$-0.01
2024-03-31$7.63B$5.00B$1.91B$3.52
2023-03-31$8.44B$5.70B$2.24B$4.07
2022-03-31$6.82B$4.45B$1.29B$2.33
2021-03-31$5.44B$3.38B$349.40M$0.67
2020-03-31$5.27B$3.24B$570.60M$1.19
2019-03-31$5.35B$2.93B$355.90M$0.76
2018-03-31$3.98B$2.42B$255.40M$0.55
2017-03-31$3.41B$1.76B$164.60M$0.38

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-03-3157.73%4.88%3.58%3.81%
2025-03-3156.07%-0.01%-0.01%2.15%
2024-03-3165.44%24.98%28.64%17.07%
2023-03-3167.52%26.52%34.35%19.17%
2022-03-3165.23%18.85%21.81%12.31%
2021-03-3162.13%6.42%6.55%7.07%
2020-03-3161.47%10.82%10.22%4.37%
2019-03-3154.80%6.65%6.73%4.71%
2018-03-3160.81%6.42%7.79%11.28%
2017-03-3151.56%4.83%5.03%5.61%

Cash and debt by year

Period endCashDebt
2026-03-31$240.30M$5.50B
2025-03-31$771.70M$5.63B
2024-03-31$319.70M$5.00B
2023-03-31$234.00M$5.04B
2022-03-31$319.40M$7.69B
2021-03-31$282.00M$7.58B
2020-03-31$403.00M$8.87B
2019-03-31$430.90M$8.95B
2018-03-31$2.20B$1.76B
2017-03-31$1.30B$2.90B

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-03-31$871.00M$255.40M
2025-03-31$772.10M$180.40M
2024-03-31$2.61B$177.50M
2023-03-31$3.13B$170.40M
2022-03-31$2.47B$210.20M
2021-03-31$1.82B$198.30M
2020-03-31$1.48B$170.20M
2019-03-31$1.45B$166.40M
2018-03-31$1.21B$93.20M
2017-03-31$1.05B$128.10M

Dividend history

Most recent payment
2026-08-24
Paid in the last twelve months
$1.82
Payment dateDividend per share
2026-08-24$0.46
2026-05-22$0.46
2026-02-23$0.46
2025-11-24$0.46
2025-08-22$0.46
2025-05-22$0.46
2025-02-24$0.46
2024-11-22$0.46

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.81

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.59
2026-05-07Mar/2026$0.39
2026-02-05Dec/2025$0.33
2025-11-06Sep/2025$0.27
2025-08-07Jun/2025$0.17
2025-05-08Mar/2025$0.03
2025-02-06Dec/2024$0.21
2024-11-05Sep/2024$0.37

Filings and sources

Company website
microchip.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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