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

Microchip Technology Incorporated (MCHP) Free cash flow margin

Alert me on Free cash flow margin

Microchip Technology Incorporated's free cash flow margin over the twelve months to 30 June 2026 was 21.7%, up 3.2 percentage points from fiscal 2026 (18.5%). Over the past ten years it has ranged from 17.5% (fiscal 2025) to 37.2% (fiscal 2023); the current reading is higher than 17% of that period. That is above the Semiconductors industry median of 8.47% and above the Technology sector median of 1.72%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 18.5% 0.94
FY2025 17.5% (16.62)
FY2024 34.2% (2.99)
FY2023 37.2% 0.69
FY2022 36.5% 2.77
FY2021 33.7% 5.64
FY2020 28.1% 1.02
FY2019 27.0% (3.69)
FY2018 30.7% 1.16
FY2017 29.6% (0.85)

Against its own ten years

Low 17.5% High 37.2%
Ten-year median 30.0%
Current reading's percentile 17

Free cash flow margin against peers

Company Free cash flow margin
CRDO Credo Technology Group Holding Ltd. compare 27.6%
ON ON Semiconductor Corporation compare 24.8%
UMC United Microelectronics Corporation compare 23.4%
ALAB Astera Labs, Inc. compare 23.0%
MCHP Microchip Technology Incorporated 21.7%
NXPI NXP Semiconductors N.V. compare 20.1%
GFS GlobalFoundries Inc. compare 13.1%
MPWR Monolithic Power Systems, Inc. compare 11.9%
STM STMicroelectronics N.V. compare 1.74%
Semiconductors industry median 8.47%
Technology sector median 1.72%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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