MCHP Financials Microchip Technology

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 Aug 9, 2026, 10:18 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2026	$4.7B	$230M	57.7%	10.4%	3.6%	1.6%	$871M	$5.5B	$240M
2025	$4.4B	-$500000	56.1%	6.7%	-0.0%	-0.0%	$772M	$5.6B	$772M
2024	$7.6B	$1.9B	65.4%	33.7%	28.6%	12.0%	$2.6B	$6.0B	$320M
2023	$8.4B	$2.2B	67.5%	36.9%	34.4%	13.7%	$3.1B	$6.4B	$234M
2022	$6.8B	$1.3B	65.2%	27.1%	21.8%	7.9%	$2.5B	$7.7B	$317M
2021	$5.4B	$349M	62.1%	18.4%	6.5%	2.1%	$1.8B	$8.9B	$280M
2020	$5.3B	$571M	61.5%	12.3%	10.2%	3.3%	$1.5B	$9.5B	$401M
2019	$5.3B	$356M	54.8%	13.4%	6.7%	1.9%	$1.4B	$10.3B	$429M
2018	$4.0B	$255M	60.8%	23.5%	7.8%	3.1%	$1.2B	$3.1B	$901M
2017	—	$165M	—	—	5.0%	2.1%	—	$3.0B	$909M
2016	—	$324M	—	—	-9654.5%	5.9%	—	$2.5B	$2.1B
2015	—	$369M	—	—	3331.6%	7.7%	—	—	$608M
2014	—	$395M	—	—	18.5%	9.7%	—	—	$467M
2013	—	$127M	—	—	6.6%	3.3%	—	—	$528M
2012	—	$337M	—	—	16.9%	10.9%	—	—	$636M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.5B	$230M	63.2%	22.7%	3.6%	1.6%	$498M	$5.4B	$272M
Mar '26	$1.3B	$144M	61.0%	16.6%	2.2%	1.0%	$243M	$5.5B	$240M
Dec '25	$1.2B	$63M	59.6%	12.8%	1.0%	0.4%	$319M	$5.4B	$251M
Sep '25	$1.1B	$42M	55.9%	7.8%	0.6%	0.3%	$52M	$5.4B	$237M
Jun '25	$1.1B	-$19M	53.6%	3.0%	-0.3%	-0.1%	$258M	$5.5B	$567M
Mar '25	$971M	-$155M	51.6%	-10.3%	-2.2%	-1.0%	$192M	$5.6B	$772M
Dec '24	$1.0B	-$54M	54.7%	3.0%	-0.9%	-0.3%	$253M	$6.7B	$586M
Sep '24	$1.2B	$78M	57.4%	12.6%	1.2%	0.5%	$23M	$6.4B	$286M
Jun '24	$1.2B	$129M	59.4%	17.7%	2.0%	0.8%	$304M	$6.2B	$315M
Mar '24	$1.3B	$155M	59.6%	19.1%	2.3%	1.0%	$390M	$6.0B	$320M
Dec '23	$1.8B	$419M	63.4%	30.0%	5.9%	2.6%	$794M	$5.7B	$281M
Sep '23	$2.3B	$667M	67.8%	39.3%	9.6%	4.0%	$542M	$6.1B	$257M
Jun '23	$2.3B	$666M	68.1%	39.5%	9.8%	4.0%	$882M	$6.0B	$271M
Mar '23	$2.2B	$604M	68.0%	38.0%	9.3%	3.7%	$597M	$6.4B	$234M
Dec '22	$2.2B	$580M	67.8%	37.4%	9.2%	3.6%	$1.1B	$6.6B	$289M
Sep '22	$2.1B	$546M	67.4%	36.4%	8.9%	3.4%	$683M	$7.3B	$305M
Jun '22	$2.0B	$507M	66.7%	35.7%	8.5%	3.1%	$719M	$7.6B	$377M
Mar '22	$1.8B	$438M	66.2%	29.8%	7.4%	2.7%	$633M	$7.7B	$317M
Dec '21	$1.8B	$353M	65.6%	29.3%	6.1%	2.2%	$763M	$7.9B	$314M
Sep '21	$1.6B	$242M	64.8%	25.2%	4.2%	1.5%	$533M	$8.2B	$253M

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 179.7× (Nov '26).
The price-to-sales ratio has risen from 5.4× (Mar '23) to 8.8× (Nov '26).
The dividend yield has risen from 1.8% (Apr '24) to 2.4% (Nov '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?

Microchip Technology's P/E (TTM) is 86.38 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MCHP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 179.7× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.