MCHP
NASDAQ · USDMicrochip Technology Incorporated
Technology · Semiconductors
CEO Steve Sanghi
Employees 17,900
R&D / revenue 23.0%
Last price
$73.85−0.55%last session
Market cap
$40.1B
P/E (TTM)
102.3x
From 52w high
−30.3%
From 52w low
+52.2%
1-year return
+16.0%
RSI 14 · vs SMA200
45.3 · −6.3%
IS score
72.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
MCHP SPY XLK (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe53Profitability
73Growth
36Value
98Momentum
100Risk (safety)
73Quality
48Balance sheet
71Earnings quality
Flags
Strengths
✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: Weak, Intangible AssetsPiotroski 6 / 9Altman Z 4.9Beta 1.743 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
0
14 open-market sales, $52.1M
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
9
Last disclosed purchase 2026-09-11
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+121
226 new holders, 92 closed
1,294 filers hold 100.6% · 455 added, 441 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+246
1,213 funds adding shares
967 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
56.2%
20-day avg 63.7%, 50-day avg 57.3%
Latest 7.5 pp under its 20-day average · a flow, not short interest
Key financials · FY2026
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$4.7B
Revenue growth YoY+7.1%
Gross margin57.7%
Operating income$490.1M
Operating margin10.4%
Net income$202.2M
Net margin4.3%
EPS (diluted)$0.26
Cash flow
Operating cash flow$962.1M
Capital expenditure$91.1M
Free cash flow$871.0M
FCF conversion (FCF / OCF)90.5%
Stock-based compensation$255.4M
FCF less SBC$615.6M
Buybacks$182.1M
Dividends$1.1B
Balance sheet & returns
Cash & short-term investments$240.3M
Total debt$5.5B
Net debt$5.3B
Shareholders' equity$6.4B
Goodwill & intangibles$8.7B
Debt / equity0.84
ROE (TTM)6.9%
ROIC (TTM)5.0%
Operating margin by fiscal year
Revenue $6.8B (FY2022) to $4.7B (FY2026), a -8.8% CAGR.
Valuation
P/E (TTM)102.3x
EV / EBITDA26.8x
Price / sales7.83x
Price / FCF36.1x
FCF yield2.77%
Buyback yield0.45%
SBC / revenue5.4%
Price / book6.21x
Forward P/E FY202720.2x
Forward P/E FY202816.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $99.50 across 4 analysts last quarter is theirs, not ours.
MCHP vs industry median
196 companies in Semiconductors
MCHP (TTM)Industry median
Asset turnover 0.36 vs industry 0.52 · financial leverage 2.23
Earnings delivery
Next report 2026-11-05 · consensus EPS $0.9475%
beat rate, 9 of 12 quarters
+4.5%
median EPS surprise
6
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-02 to 2026-08-06. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| MCHP Microchip Technology Incorpo | $40.1B | 102.3x | 6.9% | 8.8% | +7.1% | +16.0% |
| STM STMicroelectronics N.V. | $40.5B | 87.9x | 2.6% | 6.4% | +10.3% | +56.1% |
| ALAB Astera Labs, Inc. Common Sto | $49.6B | 131.7x | 25.8% | 39.0% | +98.5% | +74.8% |
| CRDO Credo Technology Group Holdi | $31.9B | 57.5x | 30.7% | 27.0% | +165.1% | +24.3% |
| TER Teradyne, Inc. | $50.8B | 44.3x | 36.7% | 28.2% | +57.9% | +133.8% |
| ON ON Semiconductor Corporation | $28.0B | 45.6x | 8.3% | 14.1% | −3.1% | — |
| NXPI NXP Semiconductors N.V. | $57.8B | 19.5x | 28.4% | 21.9% | +8.8% | — |
| MPWR Monolithic Power Systems, In | $59.5B | 73.8x | 21.9% | 26.2% | +28.7% | — |
12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.
Recent 8-K filings
No 8-K filings on file.
Context
Shares outstanding543,008,691
Free float98.1%
Institutional ownership100.6%
Beta1.74
Dividend yield2.46%
Last dividend$0.46 on 2026-08-24
50 / 200-day average$75.77 / $79.39
Large-cap Technology median P/E34.8x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where MCHP sits among 76 scored companies in Semiconductors (0 = lowest value, 100 = highest). It is a position, not a grade.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | MCHP | Industry percentile |
|---|---|---|
| P/E (TTM) | 89.0x | 80th |
| PEG (P/E ÷ 3-yr EPS CAGR) | — | |
| Price / sales | 7.8x | 49th |
| Price / book | 6.2x | 56th |
| Price / tangible book | — | |
| Price / free cash flow | 36.1x | 26th |
| Price / operating cash flow | 33.5x | 43rd |
| Enterprise value | $45.2B | 76th |
| EV / sales | 8.8x | 56th |
| EV / EBITDA | 26.8x | 46th |
| EV / EBIT | 44.8x | 60th |
| EV / free cash flow | 40.7x | 31st |
| Earnings yield | 1.1% | 45th |
| FCF yield | 2.8% | 81st |
| Operating cash flow yield | 3.0% | 67th |
| Graham number (per share) | $14.69 | 19th |
Profitability (TTM)
| Measure | MCHP | Industry percentile |
|---|---|---|
| Gross margin | 60.2% | 83rd |
| EBITDA margin | 32.9% | 78th |
| Operating margin | 15.5% | 60th |
| EBIT margin | 19.7% | 65th |
| Net margin | 8.8% | 48th |
| NOPAT margin | 12.8% | 59th |
| FCF margin | 21.7% | 76th |
| Operating cash flow margin | 23.4% | 60th |
| R&D / revenue | 22.2% | 61st |
| SG&A / revenue | 13.7% | 44th |
| Stock comp / revenue | 5.4% | 60th |
| Effective tax rate | 17.4% | 49th |
Returns on capital
| Measure | MCHP | Industry percentile |
|---|---|---|
| ROE (on average equity) | 6.8% | 49th |
| ROA | 3.1% | 43rd |
| ROIC | 5.7% | 43rd |
| ROCE | 7.7% | 53rd |
| Return on tangible assets | 6.9% | 53rd |
| Cash ROIC (OCF / invested capital) | 10.3% | 34th |
| Gross profitability (GP / assets) | 21.4% | 48th |
| ROIC, 3-yr average | 4.1% | 36th |
| ROIC, 5-yr average | 8.1% | 35th |
| ROE, 5-yr average | 17.4% | 70th |
| Incremental ROIC | -155.2% | 6th |
Growth
| Measure | MCHP | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 20.9% | 58th |
| Revenue growth (QoQ) | 13.2% | 51st |
| Revenue CAGR, 3 yr | -16.4% | 3rd |
| Revenue CAGR, 5 yr | -2.1% | 15th |
| Gross profit CAGR, 3 yr | -19.7% | 0th |
| Operating income CAGR, 3 yr | -37.9% | 15th |
| Net income growth (TTM YoY) | — | |
| Net income CAGR, 3 yr | -42.7% | 10th |
| EPS growth (TTM YoY) | — | |
| EPS CAGR, 3 yr | -42.7% | 13th |
| EPS CAGR, 5 yr | -0.7% | 32nd |
| FCF growth (TTM YoY) | 53.1% | 70th |
| FCF CAGR, 3 yr | -30.4% | 20th |
| Operating cash flow CAGR, 3 yr | -31.8% | 10th |
| Book value CAGR, 3 yr | -1.8% | 20th |
| Dividend CAGR, 3 yr | 3.1% | 56th |
| Sustainable growth rate | -9.7% | 0th |
Margin history & stability
| Measure | MCHP | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | 59.3% | 83rd |
| Operating margin, 3-yr average | 15.6% | 65th |
| Net margin, 3-yr average | 8.7% | 54th |
| FCF margin, 3-yr average | 23.2% | 80th |
| Revenue stability (0-1) | 0.16 | 19th |
| Earnings stability (0-1) | 0.13 | 35th |
| Margin stability (0-1) | 0.92 | 49th |
Liquidity (latest quarter)
| Measure | MCHP | Industry percentile |
|---|---|---|
| Cash & short-term investments | $272.3M | 25th |
| Net cash (− = net debt) | −$5.1B | 8th |
| Working capital | $1.2B | 53rd |
| Current ratio | 1.92 | 15th |
| Quick ratio | 1.11 | 3rd |
| Cash ratio (cash + ST investments / current liabilities) | 0.21 | 1st |
| Defensive interval (days) | 198 days | 1st |
Leverage & solvency (latest quarter)
| Measure | MCHP | Industry percentile |
|---|---|---|
| Total debt | $5.4B | 87th |
| Debt / equity | 0.84 | 85th |
| Net debt / equity | 0.79 | 97th |
| Debt / assets | 37.5% | 85th |
| Debt / capital | 45.6% | 85th |
| Debt / EBITDA | 3.20 | 73rd |
| Net debt / EBITDA | 3.04 | 93rd |
| Interest coverage (EBIT / interest) | 4.7x | 41st |
| Cash interest coverage | 5.6x | 28th |
| Debt payback (years of OCF) | 4.5 yrs | 84th |
| Liabilities / assets | 55.2% | 85th |
| IS credit model rating | A- | |
| Implied credit spread (bps) | 175 | 56th |
Efficiency
| Measure | MCHP | Industry percentile |
|---|---|---|
| Asset turnover | 0.35 | 19th |
| Fixed asset turnover | 4.72 | 51st |
| Inventory turnover | 1.8 | 15th |
| Receivables turnover | 6.0 | 47th |
| Days sales outstanding | 61 days | 53rd |
| Days inventory outstanding | 198 days | 85th |
| Days payables outstanding | 35 days | 13th |
| Cash conversion cycle (days) | 224 days | 85th |
| Capex / revenue | 1.7% | 11th |
| Capex / depreciation | 0.13 | 3rd |
| Operating expense ratio | 40.6% | 69th |
Cash flow & earnings quality
| Measure | MCHP | Industry percentile |
|---|---|---|
| Operating cash flow / net income | 2.66 | 79th |
| FCF / net income | 2.47 | 88th |
| FCF / operating cash flow | 92.7% | 89th |
| Capex / operating cash flow | 7.3% | 11th |
| Accruals ratio | -5.1% | 47th |
| Sloan accruals ratio | -7.1% | 12th |
| Earnings quality score (0-1) | 0.75 | 15th |
Scores & forensic checks
| Measure | MCHP | Industry percentile |
|---|---|---|
| IS score | 72 | 72nd |
| IS profitability | 53 | 60th |
| IS growth | 73 | 60th |
| IS value | 36 | 41st |
| IS momentum | 98 | 92nd |
| IS risk (safety) | 100 | 12th |
| IS quality | 73 | 63rd |
| IS balance sheet | 48 | 13th |
| IS earnings quality | 71 | 76th |
| IS cash flow | 78 | 81st |
| Piotroski F-score (0-9) | 6 | 43rd |
| Altman Z-score | 4.9 | 23rd |
| Beneish M-score | −2.52 | 40th |
| Ohlson O-score | −8.46 | 72nd |
| IS credit score | 66 | 32nd |
Size (TTM)
| Measure | MCHP | Industry percentile |
|---|---|---|
| Market cap | $40.1B | 75th |
| Revenue | $5.1B | 75th |
| EBITDA | $1.7B | 79th |
| Net income | $450.6M | 72nd |
| Free cash flow | $1.1B | 79th |
| Total assets | $14.4B | 79th |
| Shareholders' equity | $6.5B | 76th |
| Employees | 17,900 | 79th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-10-01 | Sanghi Steve Director, President, CEO and Chair of Bd |
Award / grant | 16,560 | — | — | 16,560 |
| 2026-10-01 | Sanghi Steve Director, President, CEO and Chair of Bd |
Award / grant | 24,841 | — | — | 24,841 |
| 2026-10-01 | Krawczyk Joseph R Ii SR. CORP VP, WW CLIENT ENGMT |
Award / grant | 1,672 | — | — | 1,672 |
| 2026-10-01 | Krawczyk Joseph R Ii SR. CORP VP, WW CLIENT ENGMT |
Award / grant | 1,672 | — | — | 1,672 |
| 2026-10-01 | Duvenhage Stephanus Sr. Corp VP, Analog Bus Unit |
Award / grant | 1,608 | — | — | 1,608 |
| 2026-10-01 | Duvenhage Stephanus Sr. Corp VP, Analog Bus Unit |
Award / grant | 1,609 | — | — | 1,609 |
| 2026-10-01 | Bunker Mathew B SR CORPORATE VP, OPERATIONS |
Award / grant | 1,911 | — | — | 1,911 |
| 2026-10-01 | Bunker Mathew B SR CORPORATE VP, OPERATIONS |
Award / grant | 1,911 | — | — | 1,911 |
| 2026-10-01 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO |
Award / grant | 3,399 | — | — | 3,399 |
| 2026-10-01 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO |
Award / grant | 3,400 | — | — | 3,400 |
| 2026-09-01 | Krawczyk Joseph R Ii SR. CORP VP, WW CLIENT ENGMT |
Award / grant | 41 | $60.70 | $2,489 | 16,599 |
| 2026-09-01 | Duvenhage Stephanus Sr. Corp VP, Analog Bus Unit |
Award / grant | 123 | $60.70 | $7,466 | 7,210 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 38 | 140,210 | $13,172 |
| Open-market sale | Disposed | 14 | 578,822 | $52.1M |
| Option exercise | Acquired | 58 | 139,333 | $12.0M |
| Option exercise | Disposed | 38 | 122,736 | $10.5M |
| Tax withholding | Disposed | 51 | 49,550 | $4.3M |
| — | Disposed | 5 | 2,937 | — |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| None on file. | |||
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 15 trades (10 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-09-16 | Gilbert Cisneros | House | Sale | $1,001 - $15,000 | 2026-10-13 |
| 2026-09-16 | Gilbert Cisneros | House | Sale (Partial) | $1,001 - $15,000 | 2026-10-12 |
| 2026-09-11 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-10-09 |
| 2026-08-10 | Ro Khanna | House | Purchase | $50,001 - $100,000 | 2026-09-07 |
| 2024-04-03 | Tommy Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2024-05-15 |
| 2024-04-03 | Tommy Tuberville | Senate | Purchase | $1,001 - $15,000 | 2024-05-15 |
| 2024-04-03 | Tommy Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2024-05-14 |
| 2024-04-03 | Tommy Tuberville | Senate | Purchase | $1,001 - $15,000 | 2024-05-14 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 63,586,448 | $5.8B | 11.71% |
| VANGUARD CAPITAL MANAGEMENT LLC | 35,362,807 | $3.2B | 6.51% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 33,078,712 | $3.0B | 6.09% |
| STATE STREET CORP | 28,851,673 | $2.6B | 5.31% |
| Invesco Ltd. | 25,329,931 | $2.3B | 4.66% |
| GEODE CAPITAL MANAGEMENT, LLC | 15,540,542 | $1.4B | 2.86% |
| Boston Partners | 14,022,056 | $1.3B | 2.58% |
| BANK OF AMERICA CORP /DE/ | 11,895,608 | $1.1B | 2.19% |
| Aristotle Capital Management, LLC | 10,800,194 | $985.0M | 1.99% |
| VICTORY CAPITAL MANAGEMENT INC | 9,806,001 | $894.3M | 1.81% |
| NORGES BANK | 9,079,462 | $828.0M | 1.67% |
| FIL Ltd | 8,469,373 | $772.4M | 1.56% |
| VAN ECK ASSOCIATES CORP | 8,224,808 | $750.1M | 1.51% |
| GOLDMAN SACHS GROUP INC | 7,433,054 | $677.9M | 1.37% |
| BARCLAYS PLC | 7,024,396 | $640.6M | 1.29% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 1,294 | 100.6% | 226 | 455 | 441 | 92 |
| 2026-03-31 | 1,173 | 93.1% | 155 | 422 | 402 | 101 |
| 2025-12-31 | 1,138 | 94.7% | 156 | 375 | 463 | 115 |
| 2025-09-30 | 1,120 | 92.1% | 118 | 370 | 444 | 103 |
| 2025-06-30 | 1,122 | 99.9% | 189 | 395 | 430 | 106 |
| 2025-03-31 | 1,048 | 95.1% | 103 | 389 | 425 | 171 |
| 2024-12-31 | 1,131 | 94.5% | 150 | 348 | 501 | 185 |
| 2024-09-30 | 1,191 | 92.0% | 90 | 421 | 510 | 139 |
| 2024-06-30 | 1,253 | 91.8% | 135 | 467 | 462 | 78 |
| 2024-03-31 | 1,214 | 91.6% | 108 | 480 | 438 | 109 |
| 2023-12-31 | 1,232 | 91.0% | 171 | 411 | 459 | 70 |
| 2023-09-30 | 1,149 | 90.6% | 99 | 420 | 449 | 87 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| None on file. | ||||
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.06% | $1.3B |
| VTSAX | 0.06% | $1.3B |
| VSMPX | 0.06% | $1.3B |
| VTI | 0.06% | $1.3B |
| VFINX | 0.06% | $1.1B |
| VFIAX | 0.06% | $1.1B |
Share structure
Shares outstanding543,008,691
Float532,745,827
Free float98.1%
Income statement
Fiscal years, USD| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|
| Revenue | $6.8B | $8.4B | $7.6B | $4.4B | $4.7B |
| Cost of revenue | $2.4B | $2.7B | $2.6B | $1.9B | $2.0B |
| Gross profit | $4.4B | $5.7B | $5.0B | $2.5B | $2.7B |
| R&D | $989.1M | $1.1B | $1.1B | $983.8M | $1.1B |
| SG&A | $718.9M | $797.7M | $734.2M | $617.7M | $674.3M |
| Operating income | $1.8B | $3.1B | $2.6B | $296.3M | $490.1M |
| EBITDA | $2.9B | $4.1B | $3.4B | $1.0B | $1.4B |
| Pretax income | $1.5B | $2.9B | $2.4B | $38.9M | $273.5M |
| Income tax | $197.0M | $672.0M | $459.0M | $39.4M | $43.5M |
| Net income | $1.3B | $2.2B | $1.9B | −$500,000 | $202.2M |
| EPS, diluted | $2.27 | $4.02 | $3.48 | $-0.01 | $0.26 |
| Diluted shares | 565.9M | 557.3M | 548.0M | 537.3M | 547.9M |
Balance sheet
| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $319.4M | $234.0M | $319.7M | $771.7M | $240.3M |
| Receivables | $1.1B | $1.3B | $1.1B | $689.7M | $894.7M |
| Inventory | $854.4M | $1.3B | $1.3B | $1.3B | $1.0B |
| Total current assets | $2.5B | $3.1B | $3.0B | $3.0B | $2.4B |
| PP&E, net | $967.9M | $1.2B | $1.2B | $1.2B | $1.1B |
| Goodwill & intangibles | $10.7B | $10.0B | $9.5B | $9.1B | $8.7B |
| Total assets | $16.2B | $16.4B | $15.9B | $15.4B | $14.4B |
| Accounts payable | $344.7M | $396.9M | $213.0M | $160.6M | $205.6M |
| Total current liabilities | $1.4B | $3.1B | $2.5B | $1.2B | $1.1B |
| Long-term debt | $7.7B | $5.0B | $5.0B | $5.6B | $5.5B |
| Total liabilities | $10.3B | $9.9B | $9.2B | $8.3B | $7.9B |
| Shareholders' equity | $5.9B | $6.5B | $6.7B | $7.1B | $6.4B |
Cash flow statement
Outflows are negative| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|
| Net income | $1.3B | $2.2B | $1.9B | −$500,000 | $230.0M |
| Depreciation & amortization | $1.1B | $998.4M | $879.5M | $750.1M | $689.3M |
| Stock-based compensation | $210.2M | $170.4M | $177.5M | $180.4M | $255.4M |
| Change in working capital | $34.2M | −$16.0M | −$76.7M | $100.1M | −$277.7M |
| Operating cash flow | $2.8B | $3.6B | $2.9B | $898.1M | $962.1M |
| Capital expenditure | −$370.1M | −$486.2M | −$285.1M | −$126.0M | −$91.1M |
| Free cash flow | $2.5B | $3.1B | $2.6B | $772.1M | $871.0M |
| Investing cash flow | −$477.7M | −$599.5M | −$392.1M | −$287.8M | −$195.5M |
| Net debt issued / repaid | −$1.4B | −$1.5B | −$542.3M | −$377.7M | −$235.6M |
| Buybacks | −$425.6M | −$945.8M | −$982.1M | −$96.5M | −$182.1M |
| Dividends paid | −$503.8M | −$695.3M | −$911.5M | −$975.7M | −$1.1B |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|
| Gross margin | 65.2% | 67.5% | 65.4% | 56.1% | 57.7% |
| Operating margin | 27.1% | 36.9% | 33.7% | 6.7% | 10.4% |
| Net margin | 18.8% | 26.5% | 25.0% | -0.0% | 4.3% |
| FCF margin | 36.3% | 37.1% | 34.2% | 17.5% | 18.5% |
| ROE | 22.9% | 36.1% | 29.0% | -0.0% | 3.0% |
| ROIC | 11.9% | 18.6% | 16.8% | -0.0% | 3.5% |
| ROA | 7.9% | 13.7% | 11.8% | -0.0% | 1.4% |
| Debt / equity | 1.33 | 1.01 | 0.91 | 0.80 | 0.86 |
| Interest coverage | 6.7x | 15.2x | 12.9x | 1.2x | 3.2x |
| Current ratio | 1.75 | 0.98 | 1.20 | 2.59 | 2.09 |
| Revenue growth | +25.4% | +23.7% | −9.5% | −42.3% | +7.1% |
| EPS growth | +266.5% | +77.6% | −13.4% | −100.0% | +39,765.0% |
| P/E at year end | 30.3x | 19.4x | 24.4x | n/m | 175.1x |
| EV / EBITDA at year end | 16.2x | 12.1x | 15.2x | 29.1x | 29.1x |
| FCF yield at year end | 6.35% | 7.24% | 5.60% | 3.04% | 2.46% |
| Dividend payout | 39.2% | 31.1% | 47.8% | — | 540.3% |
Revenue by segment
| FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|
| Semiconductor Products Member | $6.7B | $8.3B | $7.5B | $4.3B | $4.5B |
| Technology Licensing Member | $122.0M | $161.0M | $103.3M | $131.1M | $163.8M |
Street estimates by fiscal year
Next report 2026-11-05 · consensus EPS $0.94 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $4.7B | $4.5B – $4.7B | $1.57 | $1.55 – $1.63 | 16 | 47.1x |
| 2027 | $6.4B | $6.3B – $6.6B | $3.65 | $3.49 – $3.80 | 16 | 20.2x |
| 2028 | $7.5B | $7.0B – $8.9B | $4.59 | $4.18 – $5.03 | 16 | 16.1x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-08-06 | $0.70 | $0.76 | +8.6% | $1.5B | $1.5B | +1.8% |
| 2026-05-07 | $0.51 | $0.57 | +12.9% | $1.3B | $1.3B | +3.8% |
| 2026-02-05 | $0.43 | $0.44 | +2.7% | $1.2B | $1.2B | +0.2% |
| 2025-11-06 | $0.33 | $0.35 | +5.9% | $1.1B | $1.1B | +0.7% |
| 2025-08-07 | $0.24 | $0.27 | +13.0% | $1.1B | $1.1B | +1.7% |
| 2025-05-08 | $0.10 | $0.11 | +5.1% | $962.6M | $970.5M | +0.8% |
| 2025-02-06 | $0.28 | $0.20 | −27.9% | $1.0B | $1.0B | −1.9% |
| 2024-11-05 | $0.43 | $0.46 | +5.9% | $1.2B | $1.2B | +1.0% |
| 2024-08-01 | $0.52 | $0.53 | +1.7% | $1.2B | $1.2B | −0.0% |
| 2024-05-06 | $0.57 | $0.57 | −0.3% | $1.3B | $1.3B | −0.1% |
| 2024-02-01 | $1.04 | $1.08 | +3.8% | $1.8B | $1.8B | −0.4% |
| 2023-11-02 | $1.62 | $1.62 | 0.0% | $2.3B | $2.3B | −0.5% |
| 2023-08-03 | $1.64 | $1.64 | 0.0% | $2.3B | $2.3B | −0.1% |
| 2023-05-04 | $1.62 | $1.64 | +1.2% | $2.2B | $2.2B | +0.3% |
| 2023-02-02 | $1.55 | $1.56 | +0.6% | $2.2B | $2.2B | +0.6% |
| 2022-11-03 | $1.44 | $1.46 | +1.4% | $2.1B | $2.1B | +0.6% |
| 2022-08-02 | $1.34 | $1.37 | +2.2% | $2.0B | $2.0B | +0.5% |
| 2022-05-09 | $1.25 | $1.35 | +8.0% | $1.8B | $1.8B | +1.3% |
| 2022-02-03 | $1.17 | $1.20 | +2.6% | $1.7B | $1.8B | +0.5% |
| 2021-11-04 | $1.06 | $1.07 | +0.9% | $1.6B | $1.6B | +0.3% |
| 2021-08-03 | $0.95 | $0.99 | +4.2% | $1.6B | $1.6B | 0.0% |
| 2021-05-06 | $0.87 | $0.93 | +6.9% | $1.5B | $1.5B | +0.9% |
| 2021-02-04 | $0.79 | $0.81 | +2.5% | $1.4B | $1.4B | −0.4% |
| 2020-11-05 | $0.71 | $0.78 | +9.9% | $1.2B | $1.3B | +9.1% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $593.4M | 8,167,756 | 158,311 |
| 2026-08-24 | $490.1M | 6,629,487 | 149,287 |
| 2026-08-17 | $693.9M | 8,934,166 | 177,528 |
| 2026-08-10 | $657.9M | 8,190,814 | 172,161 |
| 2026-08-03 | $1.3B | 15,772,727 | 238,257 |
| 2026-07-27 | $995.8M | 13,224,818 | 238,212 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 56.2% | 2,165,325 | 3,855,574 |
| 2026-10-14 | 40.1% | 1,848,161 | 4,609,373 |
| 2026-10-13 | 61.0% | 1,039,706 | 1,704,828 |
| 2026-10-12 | 65.1% | 1,170,987 | 1,797,518 |
| 2026-10-09 | 80.4% | 2,568,018 | 3,195,658 |
| 2026-10-08 | 71.1% | 2,336,364 | 3,287,268 |
| 2026-10-07 | 68.2% | 2,044,115 | 2,996,025 |
| 2026-10-06 | 58.8% | 1,123,442 | 1,912,176 |
| 2026-10-05 | 68.7% | 926,617 | 1,348,281 |
| 2026-10-02 | 66.2% | 1,367,806 | 2,065,494 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +1.3% | 55% | 20 |
| Feb | +1.6% | 55% | 20 |
| Mar | −0.3% | 71% | 21 |
| Apr | +2.7% | 60% | 20 |
| May | +2.9% | 65% | 20 |
| Jun | −0.7% | 40% | 20 |
| Jul | +1.9% | 55% | 20 |
| Aug | +0.5% | 45% | 20 |
| Sep | −1.0% | 40% | 20 |
| Oct | −1.5% | 35% | 20 |
| Nov | +3.2% | 60% | 20 |
| Dec | +2.5% | 75% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1445.3
MFI42.8
ADX15.1
Stochastic %K / %D22.9 / 17.3
Williams %R-70.0
CCI-55
TSI / signal-3.9 / 1.9
Chaikin money flow0.15
ATR$3.06
Bollinger width14.4%
Volume vs 20-day avg2.05x
SupertrendDown
Moving averages and bands
level (price vs level)SMA 20$76.65 (−3.7%)
SMA 50$75.65 (−2.4%)
SMA 200$78.79 (−6.3%)
EMA 21$75.58 (−2.3%)
EMA 50$76.60 (−3.6%)
EMA 200$76.76 (−3.8%)
Bollinger upper$82.17 (−10.1%)
Bollinger lower$71.14 (+3.8%)
Parabolic SAR$78.11 (−5.5%)
Open the live chart, 110+ indicatorsAbout Microchip Technology Incorporated
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
https://www.microchip.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Stephen Sanghi | Chief Executive Officer, President & Chair of the Board | $2.2M | 1956 |
| Richard J. Simoncic | Chief Operating Officer | $497,197 | 1964 |
| James Eric Bjornholt | Senior Corporate Vice President & Chief Financial Officer | $441,820 | 1971 |
| Joseph R. Krawczyk | Senior Corporate Vice President of Worldwide Client Engagement | $391,476 | 1960 |
| Mathew Bunker | Senior Corporate Vice President of Operations | $371,168 | 1970 |
| Lauren A. Carr | Senior Corporate Vice President of Global Human Resources | — | — |
| Mark W. Reiten | Senior Corporate Vice President of Licensing, Memory Products and Edge AI Business Units | — | — |
| Patrick F. Johnson | Senior Corporate Vice President, FPGA & Timing Business Units | — | — |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Steve Sanghi, Chair of the Board, CEO and President | 2026 | $961,616 | $38.3M | $1.2M | $40.5M |
| Richard J. Simoncic, Chief Operating Officer | 2026 | $352,700 | $3.5M | $125,359 | $4.0M |
| J. Eric Bjornholt, Senior Corporate VP and CFO | 2026 | $331,895 | $2.2M | $92,633 | $2.6M |
| Mathew B. Bunker, Senior Corporate VP, Operations | 2026 | $289,833 | $1.7M | $66,224 | $2.1M |
| Joseph R. Krawczyk II, Senior Corporate VP, Worldwide Client Engagement | 2026 | $303,074 | $1.4M | $69,225 | $1.8M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-08-24 | $0.455 | 2026-09-09 |
| 2026-05-22 | $0.455 | 2026-06-05 |
| 2026-02-23 | $0.455 | 2026-03-10 |
| 2025-11-24 | $0.455 | 2025-12-09 |
| 2025-08-22 | $0.455 | 2025-09-05 |
| 2025-05-22 | $0.455 | 2025-06-05 |
| 2025-02-24 | $0.455 | 2025-03-07 |
| 2024-11-22 | $0.455 | 2024-12-06 |
Moat model
Weak · Intangible Assets · 2026-06-30Cost advantage64
Intangibles72
Switching costs26
Network effect27
Efficient scale60
Our component scores (0-100) and overall 50.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17