15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 2.8% per year over the past 5 years.
Net income has grown slower than revenue (-8.0% vs -2.8% per year).
Operating margin has contracted, at 10.4% in the latest year.
Free cash flow has declined 13.7% per year over the past 5 years.
Financial health
Total debt ($5.5B) exceeds cash ($240M); net debt is $5.3B.
Total debt has grown slower than revenue (-9.2% vs -2.8% per year).
Operating income covered interest expense 2.2× in the latest year.
Total debt is 4.7× EBITDA.
Shareholder returns
Dividends have been paid for 3 consecutive years, consuming 427.8% of earnings and 113.0% of free cash flow.
The dividend has grown 3.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$4.7B
$230M
57.7%
10.4%
$871M
$5.5B
$240M
2025
$4.4B
-$500000
56.1%
6.7%
$772M
$5.6B
$772M
2024
$7.6B
$1.9B
65.4%
33.7%
$2.6B
$6.0B
$320M
2023
$8.4B
$2.2B
67.5%
36.9%
$3.1B
$6.4B
$234M
2022
$6.8B
$1.3B
65.2%
27.1%
$2.5B
$7.7B
$317M
2021
$5.4B
$349M
62.1%
18.4%
$1.8B
$8.9B
$280M
2020
$5.3B
$571M
61.5%
12.3%
$1.5B
$9.5B
$401M
2019
$5.3B
$356M
54.8%
13.4%
$1.4B
$10.3B
$429M
2018
$4.0B
$255M
60.8%
23.5%
$1.2B
$3.1B
$901M
2017
—
$165M
—
—
—
$3.0B
$909M
2016
—
$324M
—
—
—
$2.5B
$2.1B
2015
—
$369M
—
—
—
—
$608M
2014
—
$395M
—
—
—
—
$467M
2013
—
$127M
—
—
—
—
$528M
2012
—
$337M
—
—
—
—
$636M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.3B
$144M
61.0%
16.6%
$243M
$5.5B
$240M
Dec '25
$1.2B
$63M
59.6%
12.8%
$319M
$5.4B
$251M
Sep '25
$1.1B
$42M
55.9%
7.8%
$52M
$5.4B
$237M
Jun '25
$1.1B
-$19M
53.6%
3.0%
$258M
$5.5B
$567M
Mar '25
$971M
-$155M
51.6%
-10.3%
$192M
$5.6B
$772M
Dec '24
$1.0B
-$54M
54.7%
3.0%
$253M
$6.7B
$586M
Sep '24
$1.2B
$78M
57.4%
12.6%
$23M
$6.4B
$286M
Jun '24
$1.2B
$129M
59.4%
17.7%
$304M
$6.2B
$315M
Mar '24
$1.3B
$155M
59.6%
19.1%
$390M
$6.0B
$320M
Dec '23
$1.8B
$419M
63.4%
30.0%
$794M
$5.7B
$281M
Sep '23
$2.3B
$667M
67.8%
39.3%
$542M
$6.1B
$257M
Jun '23
$2.3B
$666M
68.1%
39.5%
$882M
$6.0B
$271M
Mar '23
$2.2B
$604M
68.0%
38.0%
$597M
$6.4B
$234M
Dec '22
$2.2B
$580M
67.8%
37.4%
$1.1B
$6.6B
$289M
Sep '22
$2.1B
$546M
67.4%
36.4%
$683M
$7.3B
$305M
Jun '22
$2.0B
$507M
66.7%
35.7%
$719M
$7.6B
$377M
Mar '22
$1.8B
$438M
66.2%
29.8%
$633M
$7.7B
$317M
Dec '21
$1.8B
$353M
65.6%
29.3%
$763M
$7.9B
$314M
Sep '21
$1.6B
$242M
64.8%
25.2%
$533M
$8.2B
$253M
Jun '21
$1.6B
$253M
64.2%
23.5%
$544M
$8.5B
$278M
Valuation over time
How the market has priced MCHP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 20.3× (Mar '23) to 223.8× (Jun '26).
The price-to-sales ratio has risen from 5.4× (Mar '23) to 10.9× (Jun '26).
The dividend yield has risen from 1.8% (Apr '24) to 1.9% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MCHP growing its revenue and profit?
Over the past 5 years, Microchip Technology's revenue has declined 2.8% per year, and net income declined 8.0% per year. These are computed facts, not advice.
How much debt does MCHP have?
As of FY2026, Microchip Technology reported $5.5B of total debt against $240M of cash; operating income covered interest expense 2.2×.
What is MCHP's profit margin?
In FY2026, gross margin was 57.7%, operating margin 10.4%, and net margin 4.9%.
What is MCHP's P/E ratio?
As of Jun '26, Microchip Technology traded at a price-to-earnings ratio of about 223.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.