Saturday 17 October 2026
Export MCHP’s income statement to Excel — free account
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%
Follow MCHP
Target Price Range
Analyst price targets
Free accountTen 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.
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% |
MCHP metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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.