Microchip Technology Incorporated MCHP NDXSPXAI

Technology · Semiconductors · United States

https://www.microchip.com

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates through 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 offers 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 that consist 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 production of footprint devices; and 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 array, RF, analog, and neuromorphic compute products, as well as provides engineering services. Further, it provides wafer foundry and 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.

Market & Price

Market Cap

$51.31B

Current Price

$94.65

High / Low (52W)

$102.41 / $48.06

Beta

1.74

Valuation

Stock P/E

430.23

Industry PE

32.74

Forward P/E

23.13

PEG Ratio

0.34

Book Value

$11.88

Price to Book

7.97

P/S

10.89

EV/EBITDA

46.52

Dividend Yield

1.92%

Profitability & Returns

ROCE

3.69%

ROE

3.40%

ROA

2.23%

Profit Margin

4.88%

Op Margin

17.07%

EPS (Latest Qtr)

$0.21

EPS (TTM)

$0.22

Balance Sheet & Liquidity

Debt/Equity

0.88

Quick Ratio

1.00

Current Ratio

2.09

Debt

$5.64B

Total Assets

$14.37B

Current Assets

$2.38B

Working Capital

$1.24B

Ownership

Promoter Holding

2.08%

Chg in Prom Hold

FII / Inst Holding

99.89%

Chg in FII Hold

-0.00%

Financial Snapshot

Enterprise Value

$56.71B

Total Revenue (TTM)

$4.71B

EBITDA

$1.22B

Free Cash Flow

$1.14B

Operating Cash Flow

$962.10M

Shares Outstanding

542.08M

Gross Margin

57.73%

Payout Ratio

827.27%

Growth (CAGR)

Revenue 5Y

-17.65%

Profit 5Y

-53.16%

Revenue (YoY)

35.10%

Earnings (YoY)

PROS

Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Trading at a high P/E of 430.2.
Revenue declined at -17.6% CAGR over 5 years.
Earnings shrank at -53.2% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	MCHP Microchip Technology Incorporated NDXSPXAI	94.65	430.23	$51.31B	1.92%	3.69%	3.40%	-17.65%	-53.16%
2	NVDA NVIDIA Corporation NDXSPXAI	211.14	32.38	$5.11T	0.47%	81.14%	114.29%	100.05%	201.80%
3	AAPL Apple Inc. NDXSPX	312.06	37.73	$4.58T	0.35%	68.72%	141.47%	1.81%	3.92%
4	MSFT Microsoft Corporation NDXSPXAI	450.24	26.82	$3.34T	0.81%	26.37%	34.01%	12.42%	11.87%
5	TSM Taiwan Semiconductor Manufacturing Company Limited AI	418.45	35.86	$2.17T	0.91%	32.04%	36.21%	18.94%	19.57%
6	MU Micron Technology, Inc. NDXSPXAI	971.00	45.87	$1.10T	0.06%	14.20%	39.82%	6.71%	-0.57%
7	AMD Advanced Micro Devices, Inc. NDXSPXAI	516.10	172.61	$841.55B	-	6.33%	8.06%	13.64%	48.64%
8	ORCL Oracle Corporation SPXAI	225.78	40.46	$649.35B	0.89%	13.07%	57.57%	10.59%	22.81%
9	ASML ASML Holding N.V. NDXAI	1,612.76	53.76	$621.59B	0.54%	43.81%	52.24%	15.55%	19.55%

Quarterly Results

Figures in USD.

Metric	Jun 2015	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Jun 2021	Sep 2021	Dec 2021	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	1.21B	1.43B	1.37B	1.33B	1.32B	1.34B	1.29B	1.33B	1.31B	1.31B	1.35B	1.57B	1.65B	1.76B	1.96B	2.07B	2.17B	2.29B	2.25B	1.77B	1.24B	1.16B	1.03B	970.50M	1.08B	1.14B	1.19B	1.31B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	464.60M	469.40M	498.80M	502.50M	479.10M	511.60M
Gross Profit	309.02M	300.95M	292.72M	302.78M	348.50M	410.60M	465.30M	532.80M	584.40M	614.10M	607.10M	615.10M	642.00M	689.30M	779.60M	820.50M	815.20M	827.50M	785.50M	813.90M	798.30M	807.90M	845.80M	1.01B	1.07B	1.15B	1.31B	1.40B	1.47B	1.56B	1.53B	1.12B	736.90M	668.50M	561.40M	501.10M	576.70M	637.90M	706.90M	799.60M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	527.00M	529.80M	522.40M	542.70M	550.40M	575.80M
Operating Income	121.32M	74.95M	76.13M	79.95M	-59.10M	62.80M	118.10M	154.10M	221.60M	225.40M	245.20M	244.10M	132.30M	102.70M	194.70M	284.60M	171.60M	183.60M	131.20M	160.70M	218.30M	226.20M	245.60M	368.80M	416.30M	515.00M	701.30M	755.10M	811.60M	903.10M	885.00M	529.40M	219.10M	146.60M	34.40M	-28.70M	54.30M	95.20M	156.50M	223.80M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	207.60M	86.60M	211.30M	259.50M	320.00M	387.40M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66.90M	67.90M	56.00M	55.00M	54.60M	49.80M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-46.10M	-168.30M	-15.80M	31.80M	93.60M	163.90M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.50M	-13.70M	2.80M	-9.90M	30.90M	19.70M
Net Income	130.67M	64.90M	61.21M	67.36M	-113.36M	33.92M	107.17M	-	170.60M	189.20M	-251.10M	-	35.70M	96.30M	49.20M	174.70M	50.70M	108.90M	311.10M	99.90M	123.60M	73.60M	36.20M	252.80M	242.00M	352.80M	507.20M	546.20M	580.30M	666.40M	666.60M	419.20M	129.30M	78.40M	-53.60M	-154.60M	-18.60M	41.70M	62.70M	144.20M
Diluted EPS	0.60	0.30	0.28	0.31	-0.53	0.14	0.46	0.57	0.70	0.77	-1.07	0.58	0.14	0.38	0.20	0.70	0.20	0.43	1.20	0.39	0.48	0.14	0.07	0.45	0.43	0.62	0.90	0.98	1.04	1.21	1.21	0.77	0.24	0.14	-	-0.29	-0.09	0.03	0.06	0.21
R&D Expense	84.68M	95.26M	97.02M	-	147.88M	137.79M	132.43M	-	130.50M	133.60M	131.60M	-	171.90M	221.90M	217.70M	-	219.10M	219.80M	217.10M	-	198.00M	199.80M	210.10M	238.40M	246.20M	245.40M	269.00M	268.60M	282.40M	298.50M	292.60M	266.00M	241.70M	240.70M	246.20M	-	255.50M	262.30M	274.30M	-

Profit & Loss (Annual)

Figures in USD.

Metric	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	3.98B	5.35B	5.27B	5.44B	6.82B	8.44B	7.63B	4.40B	4.71B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.37B	2.74B	2.64B	1.93B	1.99B
Gross Profit	624.94M	516.50M	534.24M	881.25M	799.29M	838.46M	1.13B	1.23B	1.21B	1.76B	2.42B	2.93B	3.24B	3.38B	4.45B	5.70B	5.00B	2.47B	2.72B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.57B	2.59B	2.44B	2.09B	2.19B
Operating Income	301.67M	233.33M	244.96M	474.18M	396.52M	178.55M	458.86M	425.62M	352.30M	275.80M	936.30M	714.30M	647.10M	998.10M	1.88B	3.11B	2.56B	375.50M	529.80M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.87B	4.10B	3.44B	1.04B	1.18B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	245.50M	194.40M	191.00M	251.40M	215.40M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.48B	2.91B	2.37B	38.90M	273.50M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	197.00M	672.00M	459.00M	39.40M	43.50M
Net Income	296.79M	245.59M	217.00M	418.95M	336.70M	127.39M	395.28M	369.01M	324.10M	164.60M	255.40M	355.90M	570.60M	349.40M	1.29B	2.24B	1.91B	-500.00K	230.00M
Diluted EPS	1.40	1.31	1.16	2.15	1.65	0.62	1.82	1.65	1.49	0.71	1.03	1.42	1.11	0.65	-	4.02	3.48	-0.01	0.22
R&D Expense	120.86M	115.52M	120.82M	170.61M	182.65M	254.72M	305.04M	349.54M	372.60M	545.30M	529.30M	826.30M	877.80M	836.40M	989.10M	1.12B	1.10B	983.80M	1.09B

Compounded Sales Growth

5 Years:	-17.65%
1 Year:	35.10%

Compounded Profit Growth

5 Years:	-53.16%
1 Year:	-

Stock Price Performance

1 Year:	+67.50%
6 Months:	+84.61%
3 Months:	+27.45%
1 Month:	+5.50%

Balance Sheet (Annual)

Figures in USD.

Metric	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	-	2.41B	2.52B	2.97B	3.08B	3.85B	4.07B	4.78B	5.54B	7.69B	8.26B	18.35B	17.43B	16.48B	-	16.37B	15.87B	15.37B	14.37B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.07B	3.01B	2.99B	2.38B
Cash & Equivalents	167.48M	487.74M	446.33M	492.13M	703.92M	635.75M	528.33M	466.60M	607.80M	2.09B	908.70M	901.30M	428.60M	401.00M	280.00M	-	234.00M	319.70M	771.70M	240.30M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.32B	1.32B	1.29B	1.04B
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.30B	1.14B	684.10M	889.70M
Total Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.86B	9.22B	8.30B	7.94B
Current Liabilities	-	-	155.65M	203.39M	340.32M	247.87M	341.61M	336.08M	353.97M	382.01M	704.50M	2.02B	2.37B	1.64B	2.41B	-	3.12B	2.52B	1.16B	1.14B
Long Term Debt	-	-	-	-	-	-	-	-	-	2.45B	2.90B	1.76B	8.95B	8.87B	7.58B	-	5.04B	5.00B	5.63B	5.50B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.47B	6.03B	5.67B	5.54B
Total Equity	2.00B	1.54B	1.49B	1.53B	1.81B	1.99B	1.93B	2.14B	11.08M	-3.36M	3.27B	3.28B	5.29B	5.59B	5.34B	-	6.51B	6.66B	7.08B	6.43B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	577.81M	577.81M	578.00M	578.42M

Cash Flows (Annual)

Figures in USD.

Metric	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	-	-	-	411.98M	459.37M	-	-	-	-	1.42B	1.67B	1.54B	1.92B	-	3.62B	2.89B	898.10M	962.10M
Investing Cash Flow	55.66M	-19.83M	-195.26M	-187.85M	-272.00M	-949.94M	-503.28M	-678.32M	800.40M	-2.84B	-1.01B	-6.81B	-133.20M	-173.30M	-	-599.50M	-392.10M	-287.80M	-195.50M
Financing Cash Flow	-182.70M	-330.23M	-210.98M	-183.02M	-208.15M	382.17M	-235.02M	98.55M	-59.90M	595.50M	-415.30M	4.66B	-1.44B	-1.86B	-	-3.10B	-2.41B	-158.30M	-1.30B
Capital Expenditure	-	-	-	-	-	-	-	-	-	-	-206.80M	-228.90M	-67.60M	-92.60M	-	-486.20M	-285.10M	-126.00M	-91.10M
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	1.21B	1.45B	1.48B	1.82B	-	3.13B	2.61B	772.10M	871.00M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-83.40M	85.70M	452.00M	-531.40M
Share Buybacks	1.14B	123.93M	0	0	-	-	0	0	363.80M	0	0	-	0	0	425.60M	945.80M	982.10M	96.50M	0

Ratios (Annual)

Figures in %.

Metric	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	-	-	-	-	-	-	-	-	-	60.8%	54.8%	61.5%	62.1%	65.2%	67.5%	65.4%	56.1%	57.7%
Operating Margin %	-	-	-	-	-	-	-	-	-	-	23.5%	13.4%	12.3%	18.4%	27.5%	36.9%	33.5%	8.5%	11.2%
Net Margin %	-	-	-	-	-	-	-	-	-	-	6.4%	6.7%	10.8%	6.4%	18.8%	26.5%	25.0%	-0.0%	4.9%
ROE %	19.3%	16.5%	14.2%	23.1%	16.9%	6.6%	18.5%	3,331.6%	-9,654.5%	5.0%	7.8%	6.7%	10.2%	6.5%	-	34.4%	28.6%	-0.0%	3.6%
ROCE %	-	10.4%	10.6%	18.0%	14.0%	5.1%	12.3%	9.6%	6.8%	3.9%	15.0%	4.5%	4.1%	7.1%	-	23.5%	19.2%	2.6%	4.0%

Shareholding Pattern

Insiders

2.08%

Institutions

99.89%

Public Float

102.01%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	10.02%	54.33M	$5.14B
2	Vanguard Capital Management LLC	6.48%	35.13M	$3.32B
3	Vanguard Portfolio Management LLC	5.98%	32.41M	$3.07B
4	State Street Corporation	5.17%	28.03M	$2.65B
5	Boston Partners	2.72%	14.75M	$1.40B
6	Geode Capital Management, LLC	2.68%	14.55M	$1.38B
7	Invesco Ltd.	2.66%	14.41M	$1.36B
8	Victory Capital Management Inc.	2.16%	11.71M	$1.11B
9	Aristotle Capital Management, LLC	2.15%	11.64M	$1.10B
10	Bank of America Corporation	2.10%	11.40M	$1.08B

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MCHP · Technology