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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. In the quarter to June 2026, revenue grew 38.1%, EPS grew 511.1%, free cash flow grew 93.1% and total debt fell 1.77%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years.

73.82 0.44 −0.59%
Market cap
$40.3B
P/E
110×
Fwd P/E
51.2×
Dividend yield
2.47%
F-score
6/9
Altman Z
3.66
Beneish M
−2.47
Dividend safety
18/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

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 June 2026 was 1.9×, down 0.2× 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 3.3× and in line with the Technology sector median of 1.8×.

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
Jun 2026 1.9× (8.21%)
Mar 2026 2.1× (3.24%)
Dec 2025 2.2× (3.97%)
Sep 2025 2.3× (2.66%)
42 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 10.1×
CRDO Credo Technology Group Holding Ltd. compare 7.4×
MPWR Monolithic Power Systems, Inc. compare 5.0×
ON ON Semiconductor Corporation compare 3.5×
STM STMicroelectronics N.V. compare 2.8×
GFS GlobalFoundries Inc. compare 2.5×
UMC United Microelectronics Corporation compare 2.2×
NXPI NXP Semiconductors N.V. compare 2.0×
MCHP Microchip Technology Incorporated 1.9×
Semiconductors industry median 3.3×
Technology sector median 1.8×
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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