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

Insider Decisions trades per month

Total sells 71.08
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — 2 4 — 2 7 1 — 2 — —
Insider Ownership 1.70%

Capital & Financial Ratios $m

Market Cap 40,320.00
Revenue 5,122.30
Net Income 478.40
Free Cash Flow 1,110.90
Net Debt 5,089.00
Current Ratio 1.92 (at or above 1.5: strong)
Debt/Equity 0.83
P/E ratio 110.18 (above 35: high)
Fwd P/E 51.20 (above 35: high)
P/S ratio 7.82
P/B ratio 6.21 (above 6: high)
Past 5Y EPS Growth (19.36%) (below 0%: weak)
This Y EPS Growth 122.46% (at or above 15%: strong)
Next Y EPS Growth 25.72% (at or above 15%: strong)
Next Y revenue growth 35.71% (at or above 10%: strong)
Next 5Y EPS Growth 47.20% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 78.47%
10-year low 10-year high
P/S against its own 10 years 88.13%
10-year low 10-year high
P/B against its own 10 years 59.57%
10-year low 10-year high
EV/Sales against its own 10 years 86.91%
10-year low 10-year high
EV/FCF against its own 10 years 87.06%
10-year low 10-year high

Dividends

Payout Ratio 2.72
Annual Dividend Rate 1.82
Annual Dividend Yield 2.47%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 1.83
0.46
0.46
0.46
2025 1.82
0.46
0.46
0.46
0.46
2024 1.81
0.45
0.45
0.45
0.46
2023 1.59
0.36
0.38
0.41
0.44
2022 1.16
0.25
0.28
0.30
0.33
2021 0.85
0.20
0.21
0.22
0.23
2020 0.74
0.18
0.18
0.18
0.18
2019 0.73
0.18
0.18
0.18
0.18
2018 0.73
0.18
0.18
0.18
0.18
2017 0.72
0.18
0.18
0.18
0.18
2016 0.72
0.18
0.18
0.18
0.18
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 320 772 240 272
Receivables 1,144 690 895 968
Inventory 1,316 1,294 1,035 1,047
Other 234 236 207 199
3,013 2,991 2,378 2,486
2024 2025 2026 Q'26
Payables 213 161 206 229
ST’ Debt 999 — — —
Other — — — —
2,519 1,155 1,136 1,294

Compound Annual Growth %

10y 5y 3y
Sales 8.05% (2.82%) (17.65%)
Cash Flow 2.60% (12.88%) (35.71%)
Earnings (9.55%) (19.41%) (62.42%)
Book Value 11.58% 3.80% (0.42%)

Revenue $m

Jun Sep Dec Mar Year
’26 1,485 — — — —
’26 1,076 1,140 1,186 1,311 4,713
’25 1,241 1,164 1,026 971 4,402
’24 2,289 2,254 1,766 1,326 7,634
’23 1,964 2,073 2,169 2,233 8,439
’22 1,569 1,650 1,758 1,844 6,821
’21 1,310 1,310 1,352 1,467 5,438
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 512 — — — —
’26 276 88 341 257 962
’25 377 44 272 206 898
’24 993 616 853 430 2,893
’23 840 793 1,278 710 3,621
’22 630 612 853 748 2,843
’21 502 456 510 449 1,917
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 498 — — — —
’26 258 52 319 243 871
’25 304 23 253 192 772
’24 882 542 794 390 2,608
’23 719 683 1,137 596 3,135
’22 544 545 763 635 2,487
’21 492 450 488 402 1,832
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 0.37 — — — —
’26 (0.09) 0.03 0.06 0.21 0.22
’25 0.24 0.14 (0.10) (0.29) (0.01)
’24 1.21 1.21 0.77 0.28 3.48
’23 0.90 0.98 1.04 1.09 4.02
’22 0.45 0.43 0.62 0.77 2.27
’21 0.24 0.14 0.07 0.21 0.65
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 31.11 30.35 33.08 26.58 64.53 54.33 68.41 55.27 34.13 59.31

Analyst estimates 2027–2029

Powerpack
High 47.96 52.10 53.08 72.67 90.00 88.97 94.30 100.57 77.20 105.91
People
People Employees 12,656 14,234 18,286 18,000 19,500 21,000 22,600 22,300 19,400 17,900
Revenue/emp, $m 0.27 0.28 0.29 0.29 0.28 0.32 0.37 0.34 0.23 0.26
Income, $m
Income, $m Revenue 3,408 3,981 5,350 5,274 5,438 6,821 8,439 7,634 4,402 4,713
Gross margin, % 51.56 60.81 54.80 61.47 62.13 65.23 67.52 65.44 56.07 57.73
EBT 90 737 205 150 340 1,483 2,910 2,366 39 274
EBT margin, % 2.64 18.52 3.82 2.85 6.24 21.73 34.48 30.99 0.88 5.80
Net income 165 255 356 571 349 1,286 2,238 1,907 0 230
Depreciation 530 729 1,007 1,354 1,242 1,200 1,015 924 823 722
Per share, $
Per share, $ Revenue 7.84 8.55 11.32 11.04 10.47 12.35 15.33 14.09 8.19 8.72
Earnings 0.38 0.55 0.76 1.20 0.68 2.33 4.07 3.52 (0.01) 0.22
Cash flow 2.44 3.05 3.55 3.23 3.69 5.15 6.58 5.34 1.67 1.78
Capex (0.12) (0.42) (0.48) (0.13) (0.16) (0.64) (0.88) (0.53) (0.23) (0.17)
Free cash flow 2.32 2.63 3.06 3.10 3.53 4.50 5.70 4.81 1.44 1.61
Book value 7.53 7.04 11.19 11.69 10.28 10.67 11.83 12.28 13.17 11.90
Shares, m 434 466 472 478 519 552 550 542 537 540
Valuation, ×
Valuation, × P/E 99.70 78.96 57.92 28.37 114.13 32.25 20.58 25.49 0.00 307.67
P/S 4.70 5.13 3.86 3.07 7.41 6.08 5.46 6.37 5.91 7.41
P/B 4.90 6.22 3.91 2.90 7.55 7.04 7.08 7.31 3.67 5.43
EV/Sales 5.18 5.02 5.71 4.80 8.99 7.17 6.20 7.12 7.46 8.94
EV/FCF 17.51 16.33 21.11 17.11 26.70 19.67 16.69 20.83 42.50 48.36
Cash, $m
Cash, $m Operating cash flow 1,060 1,420 1,675 1,544 1,917 2,843 3,621 2,893 898 962
Capex (52) (196) (229) (64) (84) (356) (486) (285) (126) (91)
Free cash flow 1,007 1,223 1,446 1,479 1,832 2,487 3,135 2,608 772 871
Balance, $m
Balance, $m Working capital 1,601 1,339 (160) 580 (264) 1,054 (49) 494 1,836 1,241
Total debt 2,951 3,068 10,307 9,526 8,904 7,721 6,440 6,000 5,630 5,496
Net debt 1,648 872 9,876 9,123 8,622 7,402 6,206 5,680 4,859 5,256
Shareholders’ equity 3,271 3,280 5,288 5,586 5,337 5,895 6,514 6,658 7,078 6,432
Returns, %
Returns, % ROA 2.49 3.20 2.68 3.19 2.06 7.87 13.74 11.83 (0.02) 0.80
ROIC 3.50 14.10 2.94 2.75 4.47 8.69 15.31 13.02 1.55 2.62
ROE 6.07 7.80 8.31 10.50 6.40 22.89 36.07 28.96 (0.04) 1.76
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Microchip Technology Incorporated vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MPWR Monolithic Power Systems, Inc. $61.4B 73.8× 76.7× +47.56% (above 0%: growing) +87.81% (above 0%: growing) −61.46% (below 0%: shrinking) 55.18% 30.99% Compare
NXPI NXP Semiconductors N.V. $58.3B 19.5× 20.8× +19.48% (above 0%: growing) +72.73% (above 0%: growing) +14.42% (above 0%: growing) 57.27% 30.64% Compare
UMC United Microelectronics Corporation $52.6B 18.5× 30.1× +14.10% (above 0%: growing) +350.00% (above 0%: growing) +67.75% (above 0%: growing) 32.48% 21.75% Compare
ALAB Astera Labs, Inc. $52.4B 132× 153× +104.45% (above 0%: growing) +187.10% (above 0%: growing) −49.60% (below 0%: shrinking) 73.28% 22.74% Compare
STM STMicroelectronics N.V. $41.6B 85.6× 64.9× +26.07% (above 0%: growing) n/m +107.00% (above 0%: growing) 34.84% 5.36% Compare
MCHP Microchip Technology Incorporated $40.3B 110× 51.2× +38.05% (above 0%: growing) n/m +93.09% (above 0%: growing) 63.24% 22.68%
CRDO Credo Technology Group Holding Ltd. $33.6B 57.5× 42.5× +114.73% (above 0%: growing) +89.19% (above 0%: growing) +61.55% (above 0%: growing) 64.53% 25.20% Compare
ON ON Semiconductor Corporation $28.7B 45.6× 53.2× +9.18% (above 0%: growing) +41.46% (above 0%: growing) +284.55% (above 0%: growing) 38.43% 16.13% Compare
GFS GlobalFoundries Inc. $26.8B 35.9× 55.3× +5.81% (above 0%: growing) −26.83% (below 0%: shrinking) −97.40% (below 0%: shrinking) 28.28% 9.74% Compare
Median of peers $47.0B 51.6× 54.3× +22.78% +87.81% +37.99% 46.80% 22.24%

All 67 Semiconductors stocks →

MCHP metrics, ten years each

Microchip Technology Incorporated (MCHP) key facts

  • Strength: Microchip Technology Incorporated’s revenue for fiscal 2026 (year ended March 2026) was $4.7 billion, up 7.08% from fiscal 2025.
  • Microchip Technology Incorporated (MCHP) is a Semiconductors company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, MCHP traded at $73.82, a market capitalization of $40.3 billion.
  • Microchip Technology Incorporated pays an annual dividend of $1.82 per share, a yield of 2.47%.
  • Return on equity was 1.76% and debt-to-equity 0.83.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.66 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Microchip Technology Incorporated (MCHP) Latest News

stockrow.com/MCHP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com