Technology · Semiconductors
Price
$87.93
Market Cap
$47.7B
Employees
22,300
Beta
1.73
Avg Volume
10,849,565
CEO
Stephen Sanghi
Business Description
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.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
325.67
Stock Price: $87.93
EPS (Diluted): 0.27
EPS (Diluted): 0.27
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
5.44
Stock Price: $87.93
Total Equity: $6.43B
Shares: 547,900,000
Total Equity: $6.43B
Shares: 547,900,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
28.76
Market Cap: $47.67B
Total Debt: $5.50B
Cash: $240.30M
EBITDA: $1.40B
Total Debt: $5.50B
Cash: $240.30M
EBITDA: $1.40B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$40.3B
Market Cap: $47.67B
Total Debt: $5.50B
Cash: $240.30M
Total Debt: $5.50B
Cash: $240.30M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
57.7%
Gross Profit: $2.72B
Revenue: $4.71B
Revenue: $4.71B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
10.4%
Operating Income: $490.10M
Revenue: $4.71B
Revenue: $4.71B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
4.3%
Net Income: $202.20M
Revenue: $4.71B
Revenue: $4.71B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
3.1%
Net Income: $202.20M
Total Equity: $6.43B
Total Equity: $6.43B
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
3.5%
Operating Income: $490.10M
Tax Rate: 15.9%
Equity: $6.43B
Total Debt: $5.50B
Cash: $240.30M
Tax Rate: 15.9%
Equity: $6.43B
Total Debt: $5.50B
Cash: $240.30M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.09
Current Assets: $2.38B
Current Liabilities: $1.14B
Current Liabilities: $1.14B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.85
Short-Term Debt: $0.00
Long-Term Debt: $5.50B
Total Debt: $5.50B
Total Equity: $6.43B
Long-Term Debt: $5.50B
Total Debt: $5.50B
Total Equity: $6.43B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$8.60
Revenue: $4.71B
Shares: 547,900,000
Shares: 547,900,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$11.74
Total Equity: $6.43B
Shares: 547,900,000
Shares: 547,900,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.59
Operating CF: $962.10M
CapEx: -$91.10M
Shares: 547,900,000
CapEx: -$91.10M
Shares: 547,900,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
3.1%
Last Dividend: N/A
Stock Price: $87.93
Stock Price: $87.93
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $202.20M
Net Income: $202.20M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MCHP against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 3:02am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| 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 |
| Operating Expenses | $2.6B | $2.6B | $2.4B | $2.2B | $2.2B |
| Operating Income | $1.8B | $3.1B | $2.6B | $296.3M | $490.1M |
| Net Income | $1.3B | $2.2B | $1.9B | $-500,000 | $202.2M |
| EBITDA | $2.9B | $4.1B | $3.4B | $1.0B | $1.4B |
| EPS | $2.33 | $4.07 | $3.52 | $-0.01 | $0.27 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 25, 2026 3:01am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $317.4M | $234.0M | $319.7M | $771.7M | $240.3M |
| Total Current Assets | $2.5B | $3.1B | $3.0B | $3.0B | $2.4B |
| Total Assets | $16.2B | $16.4B | $15.9B | $15.4B | $14.4B |
| 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 |
| Total Equity | $5.9B | $6.5B | $6.7B | $7.1B | $6.4B |
| Retained Earnings | $4.2B | $5.8B | $6.8B | $5.8B | $4.9B |
Cash Flow (Annual)
Last updated: Jun 25, 2026 3:02am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| 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 |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$425.6M | -$945.8M | -$982.1M | -$96.5M | -$182.1M |
| Net Change in Cash | $37.4M | -$83.4M | $85.7M | $452.0M | -$531.4M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:58pm (15h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$4.7B $4.5B – $4.7B
|
$6.2B $5.9B – $6.7B
|
$7.1B $6.3B – $9.1B
|
$7.7B $7.7B – $7.7B
|
| EBITDA |
$1.8B $1.7B – $1.8B
|
$2.3B $2.2B – $2.5B
|
$2.7B $2.4B – $3.4B
|
$2.9B $2.9B – $2.9B
|
| Net Income |
$869.9M $848.2M – $891.7M
|
$1.7B $1.5B – $1.9B
|
$2.3B $2.0B – $2.7B
|
$2.4B $2.1B – $2.8B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 25, 2026 3:02am (2d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +23.7% | -9.5% | -42.3% | +7.1% |
| Gross Profit Growth | +28.1% | -12.3% | -50.6% | +10.3% |
| Operating Income Growth | +68.5% | -17.5% | -88.5% | +65.4% |
| Net Income Growth | +74.1% | -14.8% | -100.0% | +40,540.0% |
| EBITDA Growth | +42.9% | -16.2% | -69.7% | +34.6% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:42pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-22 | $0.46 | 2026-05-07 | 2026-05-22 | 2026-06-05 |
| 2026-02-23 | $0.46 | 2026-02-05 | 2026-02-23 | 2026-03-10 |
| 2025-11-24 | $0.46 | 2025-11-06 | 2025-11-24 | 2025-12-09 |
| 2025-08-22 | $0.46 | 2025-08-07 | 2025-08-22 | 2025-09-05 |
| 2025-05-22 | $0.46 | 2025-05-08 | 2025-05-22 | 2025-06-05 |
| 2025-02-24 | $0.46 | 2025-02-06 | 2025-02-24 | 2025-03-07 |
| 2024-11-22 | $0.46 | 2024-11-05 | 2024-11-22 | 2024-12-06 |
| 2024-08-22 | $0.45 | 2024-08-01 | 2024-08-22 | 2024-09-05 |
| 2024-05-21 | $0.45 | 2024-05-06 | 2024-05-22 | 2024-06-05 |
| 2024-02-22 | $0.45 | 2024-02-01 | 2024-02-23 | 2024-03-08 |
| 2023-11-21 | $0.44 | 2023-11-02 | 2023-11-22 | 2023-12-06 |
| 2023-08-21 | $0.41 | 2023-08-03 | 2023-08-22 | 2023-09-05 |
| 2023-05-19 | $0.38 | 2023-05-04 | 2023-05-22 | 2023-06-05 |
| 2023-02-17 | $0.36 | 2023-02-02 | 2023-02-21 | 2023-03-07 |
| 2022-11-21 | $0.33 | 2022-11-03 | 2022-11-22 | 2022-12-06 |
| 2022-08-18 | $0.30 | 2022-08-02 | 2022-08-19 | 2022-09-02 |
| 2022-05-19 | $0.28 | 2022-05-09 | 2022-05-20 | 2022-06-03 |
| 2022-02-18 | $0.25 | 2022-02-03 | 2022-02-22 | 2022-03-08 |
| 2021-11-18 | $0.23 | 2021-11-02 | 2021-11-19 | 2021-12-03 |
| 2021-08-19 | $0.44 | 2021-08-03 | 2021-08-20 | 2021-09-03 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for MCHP — it's generated by the pipeline (
market-narrative step).
No community reviews yet for MCHP.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30