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Microchip Technology Incorporated

MCHP Technology Semiconductors

Microchip Technology Incorporated’s revenue for fiscal 2026 (year ended March 2026) was $4.7 billion, up 7.08% from fiscal 2025.

Revenue
+42.2%
EPS
+2,200.0%
Free cash flow
+667.6%
Total debt
+2.63%

Quarter to September 2026, against a year earlier

57.55 7.30 −11.26%
Market cap
$35.2B
P/E
49.8×
Fwd P/E
35.7×
Dividend yield
2.75%
F-score
6/9
Altman Z
3.66
Beneish M
−2.47
Dividend safety
18/100
Overview Business Profile Earnings & Analysis
Financials
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Segments Valuation Filings

Microchip Technology Incorporated (MCHP) Current ratio

Alert me on Current ratio

Microchip Technology Incorporated's current ratio at the end of the quarter to 30 September 2026 was 2.2×, up 0.1× from fiscal 2026 (2.1×). Over the past ten years it has ranged from 0.9× (fiscal 2021) to 8.1× (fiscal 2016); the current reading is higher than 67% of that period. That is below the Semiconductors industry median of 3.4× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.1× (19.20%)
FY2025 2.6× 116.54%
FY2024 1.2× 21.51%
FY2023 1.0× (43.86%)
FY2022 1.8× 96.91%
FY2021 0.9× (34.25%)
FY2020 1.4× 45.18%
FY2019 0.9× (43.94%)
FY2018 1.7× (49.15%)
FY2017 3.3× (59.64%)

Quarterly newest first

Period Current ratio Change
Sep 2026 2.2× 16.75%
Jun 2026 1.9× (8.21%)
Mar 2026 2.1× (3.24%)
Dec 2025 2.2× (3.97%)
43 more quarters

Against its own ten years

Low 0.9× High 8.1×
Ten-year median 1.7×
Current reading's percentile 67

Current ratio against peers

Company Current ratio
ALAB Astera Labs, Inc. compare 8.0×
CRDO Credo Technology Group Holding Ltd. compare 7.4×
MPWR Monolithic Power Systems, Inc. compare 3.7×
ON ON Semiconductor Corporation compare 3.5×
UMC United Microelectronics Corporation compare 3.3×
STM STMicroelectronics N.V. compare 3.1×
GFS GlobalFoundries Inc. compare 2.5×
MCHP Microchip Technology Incorporated 2.2×
NXPI NXP Semiconductors N.V. compare 2.1×
Semiconductors industry median 3.4×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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