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    M

    Microchip Technology Inc (MCHP)

    Official site

    TECHNOLOGY • SEMICONDUCTORS • NASDAQ

    $74.16
    +0.33 (+0.45%)

    Market Cap: $38.69B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    95%(37/39)
    Avg Surprise
    +3.68%
    Streak
    6 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.93
    Range$0.92 - $0.98
    22 analysts
    EPS Revisions
    16
    0
    7d
    16
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.79+18.7%
    60d ago$0.79+17.6%
    30d ago$0.93-0.0%
    7d ago$0.930.0%
    Current$0.93
    Revenue Consensus
    $1.6B
    Range$1.6B - $1.6B
    22 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.94
    Range$0.88 - $0.99
    22 analysts
    EPS Revisions
    16
    0
    7d
    16
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.81+16.8%
    60d ago$0.81+15.8%
    30d ago$0.94-0.2%
    7d ago$0.940.0%
    Current$0.94
    Revenue Consensus
    $1.6B
    Range$1.6B - $1.7B
    22 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    		-$1.07---
    Dec 26EST
    		-$0.94---
    Sep 26EST
    		-$0.93---
    Jun 26
    Reported Aug 6
    		$0.61$0.59+3.39%Beat+258.8%
    Mar 26
    Reported May 7
    		$0.57$0.50+14.00%Beat+418.2%
    Dec 25
    Reported Feb 5
    		$0.44$0.43+2.33%Beat+120.0%
    Sep 25
    Reported Nov 6
    		$0.35$0.33+6.06%Beat-23.9%
    Jun 25
    Reported Aug 7
    		$0.17$0.17+0.00%Beat-67.9%
    Mar 25
    Reported May 8
    		$0.11$0.10+10.00%Beat-80.7%
    Dec 24
    Reported Feb 6
    		$0.20$0.28-28.57%Miss-81.5%
    Sep 24
    Reported Nov 5
    		$0.46$0.43+6.98%Beat-71.6%
    Jun 24
    Reported Aug 1
    		$0.53$0.52+1.92%Beat-67.7%
    Mar 24
    Reported May 6
    		$0.57$0.62-8.06%Miss-65.2%
    Dec 23
    Reported Feb 1
    		$1.08$1.06+1.89%Beat-30.8%
    Sep 23
    Reported Nov 2
    		$1.62$1.61+0.62%Beat+11.0%
    Jun 23
    Reported Aug 3
    		$1.64$1.63+0.61%Beat+19.7%
    Mar 23
    Reported May 4
    		$1.64$1.61+1.86%Beat+21.5%
    Dec 22
    Reported Feb 2
    		$1.56$1.54+1.30%Beat+30.0%
    Sep 22
    Reported Nov 3
    		$1.46$1.44+1.39%Beat+36.4%
    Jun 22
    Reported Aug 2
    		$1.37$1.34+2.24%Beat+38.4%
    Mar 22
    Reported May 9
    		$1.35$1.25+8.00%Beat+45.2%
    Dec 21
    Reported Feb 3
    		$1.20$1.17+2.56%Beat+48.1%
    Sep 21
    Reported Nov 4
    		$1.07$1.06+0.94%Beat+37.2%
    Jun 21
    Reported Aug 3
    		$0.99$0.95+4.21%Beat+26.9%
    Mar 21
    Reported May 6
    		$0.93$0.87+6.90%Beat+27.4%
    Dec 20
    Reported Feb 4
    		$0.81$0.79+2.53%Beat+22.7%
    Sep 20
    Reported Nov 5
    		$0.78$0.72+8.33%Beat+8.3%
    Jun 20
    Reported Aug 4
    		$0.78$0.72+8.33%Beat+9.9%
    Mar 20
    Reported May 7
    		$0.73$0.68+7.35%Beat-1.4%
    Dec 19
    Reported Feb 4
    		$0.66$0.63+4.76%Beat-20.5%
    Sep 19
    Reported Nov 5
    		$0.72$0.72+0.00%Beat-20.9%
    Jun 19
    Reported Aug 6
    		$0.71$0.69+2.90%Beat-12.3%
    Mar 19
    Reported May 7
    		$0.74$0.70+5.71%Beat+5.7%
    Dec 18
    Reported Feb 5
    		$0.83$0.79+5.06%Beat+22.1%
    Sep 18
    Reported Nov 7
    		$0.91$0.86+5.81%Beat+28.2%
    Jun 18
    Reported Aug 9
    		$0.81$0.74+9.46%Beat+22.7%
    Mar 18
    Reported May 8
    		$0.70$0.67+4.48%Beat+20.7%
    Dec 17
    Reported Feb 6
    		$0.68$0.68+0.00%Beat+28.3%
    Sep 17
    Reported Nov 6
    		$0.71$0.68+4.41%Beat-
    Jun 17
    Reported Aug 3
    		$0.66$0.62+6.45%Beat-
    Mar 17
    Reported May 9
    		$0.58$0.53+9.43%Beat-
    Dec 16
    Reported Feb 7
    		$0.53$0.45+17.78%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.45%
    Forward Annual Dividend$1.82
    Payout Ratio82.42%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+16.27%
    5Y CAGR+19.87%
    MCHP dividend history and ex-dividend datesRun MCHP in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio37.64EV/EBITDA30.31x
    Price/FCF40.82xFCF Yield2.45%
    Profitability
    Profit Margin9.34%Operating Margin24.00%
    ROE7.19%ROIC5.48%
    Financial Health
    Debt/Equity0.83xInterest Coverage3.69x
    Current Ratio1.92xQuick Ratio1.11x
    Trading Statistics
    Beta1.76Avg Volume8.29M
    52-Week High$104.7552-Week Low$47.28

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$77.74
    SMA 20$76.37
    SMA 50$75.89
    SMA 200$78.79
    EMA 10$76.43
    EMA 20$76.39
    EMA 50$77.03
    EMA 200$76.48

    MACD

    Line: 0.19Signal: 0.62Hist: -0.44

    ADX

    ADX: 16.1+DI: 22.8-DI: 29.8

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down24.0
    PSAR$81.63

    Bollinger Bands

    Upper Band$82.91
    Lower Band$69.83
    %B Position1712%(Upper)
    Band Width0.33

    RSI (14-Day)

    Neutral
    44.0

    Momentum Oscillators

    Stoch %K16.0
    Stoch %D23.4
    Williams %R-82.5
    ROC (10d)-5.9%
    Momentum-4.62
    CCI (20d)-65.4
    MFI (14d)29.5

    Volatility Measures

    ATR (14d)$2.79(3.8%)
    StdDev (20d)3.27
    Hist Vol37.6%(Moderate)

    Volume Flow

    VWAP$73.58
    OBV-31.3M
    AD Line-2.1B
    CMF (20d)0.225

    Volume Metrics

    Avg Vol (20d)8.3M
    Vol Ratio0.8x
    VWMA (20d)$76.10

    Pivot Points

    R3$76.30
    R2$75.55
    R1$74.69
    Pivot Point$73.94
    S1$73.08
    S2$72.33
    S3$71.47

    Advanced Oscillators

    TSI2.22
    Ultimate Osc49.7
    KST46.23

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.48B$1.31B$1.19B$1.14B$1.08B$970.50M$1.03B$1.16B$1.24B$1.33B$1.77B$2.25B
    Cost of Revenue$545.80M$511.60M$479.10M$502.50M$498.80M$469.40M$464.60M$495.30M$504.40M$535.90M$645.70M$726.90M
    Gross Profit$938.90M$799.60M$706.90M$637.90M$576.70M$501.10M$561.40M$668.50M$736.90M$789.90M$1.12B$1.53B
    Operating Expenses$602.10M$582.20M$555.20M$549.00M$544.60M$601.40M$530.50M$521.90M$517.80M$536.40M$590.60M$642.40M
    R&D$308.90M$293.80M$274.30M$262.30M$255.50M$255.20M$246.20M$240.70M$241.70M$240.30M$266.00M$292.60M
    SG&A$184.30M$174.20M$168.50M$172.30M$159.30M$152.00M$158.20M$157.00M$150.50M$161.80M$172.20M$196.60M
    Operating Income$336.80M$217.40M$151.70M$88.90M$32.10M$-100,300,000$30.90M$146.60M$219.10M$253.50M$529.40M$885.00M
    Interest Income$1.40M$1.60M$1.30M$3.60M$4.90M$2.70M$1.70M$2.00M$2.80M$2.50M$2.00M$1.60M
    Interest Expense$48.80M$51.70M$55.90M$56.30M$57.40M$71.00M$69.00M$59.10M$61.80M$55.10M$49.20M$49.90M
    Income Before Tax$289.90M$163.90M$93.60M$31.80M$-15,800,000$-168,300,000$-46,100,000$91.50M$161.80M$199.70M$484.30M$833.60M
    Income Tax Expense$60.10M$19.70M$30.90M$-9,900,000$2.80M$-13,700,000$7.50M$13.10M$32.50M$45.00M$65.10M$167.00M
    Net Income$229.80M$144.20M$62.70M$41.70M$-18,600,000$-154,600,000$-53,600,000$78.40M$129.30M$154.70M$419.20M$666.60M
    EBITDA$500.20M$397.20M$334.20M$263.80M$210.60M$101.90M$233.30M$350.00M$428.10M$490.80M$766.60M$1.11B
    EBIT$337.30M$214.00M$148.20M$84.50M$36.70M$-100,000,000$21.20M$148.60M$220.80M$252.30M$531.50M$881.90M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $2.39M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    -37.9%
    Active Awards
    20
    New Awards (TTM)
    14
    Avg Remaining Term
    15.9 mo

    Top agency: Department of Defense at 88.2% of trailing twelve month obligations across 5 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    N0018925F0826Department of DefenseDepartment of the Navy$1.62MSep 25, 2025
    FA857926P0006Department of DefenseDepartment of the Air Force$207340Dec 15, 2025
    N0018925F0753Department of DefenseDepartment of the Navy$194474Sep 23, 2025
    1333ND26PNB680198Department of CommerceNational Institute of Standards and Technology$77840Jul 1, 2026
    N6600125P6343Department of DefenseDepartment of the Navy$61080Sep 4, 2025
    80NSSC26P0655National Aeronautics and Space AdministrationNational Aeronautics and Space Administration$55340May 14, 2026
    6973GH26P01051Department of TransportationFederal Aviation Administration$50822Feb 18, 2026
    80NSSC26P0636National Aeronautics and Space AdministrationNational Aeronautics and Space Administration$44930May 11, 2026
    80NSSC26P0610National Aeronautics and Space AdministrationNational Aeronautics and Space Administration$33520May 5, 2026
    N6893626P5086Department of DefenseDepartment of the Navy$16141Feb 2, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Stifel cuts target for NXP Semiconductors stock to USD 265.00

    Stifel analyst Tore Svanberg has reduced the price target for NXP Semiconductors (NXPI) stock to USD 265.00 from USD 282.00, while maintaining a Hold rating. The company's stock was trading at EUR 206.03 on October 16...

    ad-hoc-news.de•10/16/26•Somewhat-Bullish

    KeyBanc keeps USD 400.00 target for Texas Instruments stock

    KeyBanc analyst John Vinh has maintained a Buy rating and a $400.00 price target for Texas Instruments (TXN). This target represents a significant upside from its current trading price. The company reported strong...

    ad-hoc-news.de•10/16/26•Neutral

    Microchip Technology Q2 Earnings Forecast Lifted by KeyCorp

    KeyCorp has raised its Q2 2027 EPS estimate for Microchip Technology to $0.85 from $0.74, following the company's strong Q1 performance which exceeded expectations with $0.76 EPS and $1.48 billion in revenue. Microchip...

    MarketBeat•10/16/26•Neutral

    How Software Partnership Progress At Microchip Technology (MCHP) Has Changed Its Investment Story

    Microchip Technology (MCHP) has partnered with Elektrobit to offer pre-integrated AUTOSAR software, aiming to simplify automotive platform development and accelerate time to production...

    Simply Wall Street•10/16/26•Somewhat-Bullish

    Elektrobit and Microchip streamline AUTOSAR software development

    Elektrobit and Microchip have partnered to simplify and accelerate AUTOSAR-based software development for the automotive industry...

    Engineering.com•10/16/26•Bullish

    MCHP Valuation and Fair Value

    P/E
    37.6x
    Forward P/E
    20.5x
    EV/EBITDA
    30.3x
    P/FCF
    40.8x
    PEG
    0.2x
    P/B
    6.2x
    See GNG's fair value

    MCHP Profitability: Margins, ROIC and FCF

    Gross margin
    60.2%
    Operating margin
    24.0%
    Net margin
    9.3%
    ROIC
    5.5%
    ROE
    7.2%
    FCF margin
    19.2%
    FCF yield
    2.5%

    MCHP Competitors

    CompanyTicker
    Okta IncOKTA
    Paychex IncPAYX
    Celestica Inc.CLS
    Credo Technology Group Holding LtdCRDO
    Twilio IncTWLO
    Flex LtdFLEX
    NetApp IncNTAP
    Roper Technologies IncROP

    Sector: Technology

    MCHP Analyst Ratings

    Consensus
    Buy
    Analysts
    26
    Strong Buy
    2
    Buy
    18
    Hold
    6
    Sell
    0
    Strong Sell
    0

    MCHP Bull Case vs Bear Case

    Bull case

    • MCHP converts 19.2% of revenue into free cash flow.
    • MCHP beat EPS estimates in 75.0% of its last 8 reported quarters.
    • MCHP grew quarterly revenue 38.0% year over year.

    MCHP Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    1.8%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.93
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    16 up, 0 down

    MCHP Dividend

    Forward yield
    2.5%
    Payout ratio
    82.4%
    3Y DPS growth
    16.3%
    5Y DPS growth
    19.9%
    Pay months
    Mar, Jun, Sep, Dec
    MCHP dividend history

    Frequently Asked Questions About MCHP

    What is MCHP's current dividend yield?

    Microchip Technology Inc (MCHP) has a forward dividend yield of 2.45%.

    Does MCHP pay dividends?

    Yes, Microchip Technology Inc pays dividends with a forward dividend yield of 2.45%.

    What is MCHP's P/E ratio?

    Microchip Technology Inc has a price-to-earnings (P/E) ratio of 37.64.

    What is MCHP's market cap?

    Microchip Technology Inc (MCHP) has a market capitalization of $38.69B with a current stock price of $74.16.

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