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MCHP · NasdaqGS

Microchip Technology Incorporated

Semiconductors · United States

USD 76.54-2.7% daily changeQuote 2026-09-28 · USD
Market cap (USD)
US$41.56B
Trailing P/E
112.56x
Forward P/E
16.70x
Quarterly revenue growth
38.0%
Trailing net margin
9.3%
Indicated dividend yield
2.4%

Snapshot 2026-09-28 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing. The company offers general-purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors; and specialized mixed-signal microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog products, including power management, linear, mixed-signal, high voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), gate drivers, safety, security, timing, application-specific standard products, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program mixed-signal microcontroller, FPGA, and microprocessor products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random-access memory, and electrically erasable random-access memory for footprint devices. Further, it licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate arrays, RF, analog, and neuromorphic compute products. Additionally, the company offers engineering services; wafer foundry, assembly, and test subcontracting manufacturing services; and timing systems, application-specific integrated circuits, and products for aerospace applications. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.

Company website

Q1 FY2027

Go beyond the headline.

Microchip (MCHP): A Beat, A Big Raise - And Still A Third Below Its Peak

Published 2026-08-07

Comparable businesses

MCHP peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricMCHPMicrochip Technology IncorporatedSnapshot 2026-09-28Financial period: 2026-06-30STMSTMicroelectronics N.V.Snapshot 2026-09-28Financial period: 2026-06-27ONON Semiconductor CorporationSnapshot 2026-09-28Financial period: 2026-07-03Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$41.56BUS$46.37BUS$29.27BUS$37.82Bn=2
Forward P/EProvider forward earnings estimate16.70x20.46x16.60x18.53xn=2
EV / EBITDAEnterprise value / trailing EBITDA31.77x16.14x14.79x15.47xn=2
Revenue growthLatest quarter vs prior-year quarter38.0%26.1%9.2%17.6%n=2
Operating marginLatest reported quarter24.0%6.9%19.5%13.2%n=2
Free cash flow yieldTrailing cash flow / market cap3.3%0.2%5.7%2.9%n=2
Net debt / EBITDANet debt / trailing EBITDA3.40x-0.65x0.40x-0.12xn=2
Debt / equityTotal debt / positive book equity0.84x0.23x0.65x0.44xn=2
Trailing P/ETrailing twelve-month earnings112.56x—49.78x—
Price / bookPrice / positive book equity per share6.44x2.63x4.05x3.34xn=2
EV / salesEnterprise value / trailing revenue9.34x3.43x4.99x4.21xn=2
Earnings growthLatest quarter vs prior-year quarter——36.6%—
Gross marginTrailing twelve months60.2%34.5%42.8%38.6%n=2
Net marginTrailing twelve months9.3%3.6%10.2%6.9%n=2
Return on equityProvider trailing return; positive equity only7.2%2.7%8.3%5.5%n=2
Free cash flow marginTrailing free cash flow / revenue26.6%0.8%26.7%13.8%n=2
Dividend yieldIndicated annual dividend / price2.4%0.7%——
Earnings payoutProvider trailing dividend payout267.6%70.6%0.0%35.3%n=2
Current ratioCurrent assets / current liabilities1.92x2.78x3.46x3.12xn=2
BetaProvider historical market sensitivity1.741.512.001.75n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-28. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for MCHP

All available reporting periods
Q1 FY20272026-08-07

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.