Stocks · Technology · Semiconductors
Microchip Technology Incorporated MCHP
$81.32 +3.59% Close, Oct 2, 2026 · NASDAQ · Market cap $44.16B
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 15.5% from 2.6% a year earlier.
- The shares trade at 112.8× trailing earnings, higher than 94% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +7.5%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth69Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 31%
- FCF growth (TTM, YoY)Top 26%
- Revenue growth, 3-year CAGRBottom 5%
- Revenue growth accelerationTop 8%
Quality59Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 47%
- Gross marginTop 39%
- Operating marginTop 23%
- Cash conversion (OCF / net income)Top 26%
- Accruals (lower is better)Bottom 42%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverBottom 50%
Value35Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 47%
- Free-cash-flow yieldBottom 49%
- EBITDA / enterprise valueTop 47%
- Sales / enterprise valueBottom 24%
- P/E vs own 5-year history (lower is better)Bottom 13%
Momentum58Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 43%
- 6-month returnBottom 49%
- 1-year return vs S&P 500Top 38%
- Distance from 52-week highTop 37%
- Trend checklist (0–4)Top 44%
Revisions68Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 48%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyTop 43%
- Upside to consensus price targetTop 41%
Stability30Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 36%
- Maximum drawdown, 3 yearsBottom 42%
- Beta vs S&P 500 (lower is better)Bottom 21%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.1% | 20.9% | ↑ |
| Gross margin | 54.5% | 60.2% | ↑ |
| Operating margin | 2.6% | 15.5% | ↑ |
| FCF margin | 17.1% | 21.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 20.9% | 7.1% | ↑ | Top 31% |
| Gross margin | 60.2% | 54.5% | ↑ | Top 39% |
| Operating margin | 15.5% | 2.6% | ↑ | Top 23% |
| Net margin | 8.8% | -3.5% | ↑ | — |
| Free-cash-flow margin | 21.7% | 17.1% | ↑ | — |
| Return on invested capital | 5.0% | — | Top 47% | |
| Revenue growth, 3-year CAGR | -17.6% | — | Bottom 5% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.66×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +5.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.04×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.23%
- Net buyback yield (TTM)
- 0.01%
- Shareholder yield
- 2.24%
- Share count change, 1 year
- +2.1%
- Share count change, 3-year CAGR
- -0.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +7.5%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $110.50
- Target vs current price
- +35.9%
- Analysts with a rating
- 46
- Share rating Buy or Strong Buy
- 70%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +8.6% | -4.4% | +2.1% | -6.5% | — |
| May 7, 2026 | +12.9% | -1.3% | -6.0% | -6.4% | -26.9% |
| Feb 5, 2026 | +2.7% | -0.2% | +3.2% | -13.3% | +20.1% |
| Nov 6, 2025 | +5.9% | -2.4% | -8.5% | +6.4% | +26.1% |
| Aug 7, 2025 | +13.0% | +0.1% | -0.6% | -2.6% | -6.2% |
| May 8, 2025 | +5.1% | +2.2% | +26.1% | +33.9% | +38.5% |
| Feb 6, 2025 | -27.9% | -0.7% | +0.7% | +8.9% | -10.4% |
| Nov 5, 2024 | +5.9% | +0.8% | -6.2% | -12.2% | -29.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.76 | $0.70 | +8.6% | $1.48B |
| May 7, 2026 | $0.57 | $0.51 | +12.9% | $1.31B |
| Feb 5, 2026 | $0.44 | $0.43 | +2.7% | $1.19B |
| Nov 6, 2025 | $0.35 | $0.33 | +5.9% | $1.14B |
| Aug 7, 2025 | $0.27 | $0.24 | +13.0% | $1.08B |
| May 8, 2025 | $0.11 | $0.10 | +5.1% | $970.5M |
| Feb 6, 2025 | $0.20 | $0.28 | -27.9% | $1.03B |
| Nov 5, 2024 | $0.46 | $0.43 | +5.9% | $1.16B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 112.8× | 29.4× | 94th | Bottom 47% |
| P/E (forward) | 22.3× | — | — | — |
| EV / EBITDA | 29.3× | — | — | Top 47% |
| EV / Sales | 9.62× | — | — | Bottom 24% |
| Free-cash-flow yield | 2.52% | — | — | Bottom 49% |
| Earnings yield | 0.89% | — | — | Bottom 47% |
P/E over the past five years
Range 16.2× – 343.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 6
- Days above the 200-day average
- 1
- 50-day average slope (20 days)
- -5.6%
- 200-day average slope (20 days)
- +2.1%
- Distance from 50-day average
- +7.3%
- Distance from 200-day average
- +3.1%
- RSI (14)
- 63.2
- Relative volume
- 0.94×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 51.5%
- Volatility vs own 5-year history
- 89th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.10
- Correlation with S&P 500
- 0.59
- Current drawdown from 1-year high
- -21.0%
- Maximum drawdown, 3 years
- -64.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 22, 2024 | Apr 8, 2025 | -64.5% | 219 days | 270 days (May 6, 2026) |
| Dec 27, 2021 | Jul 5, 2022 | -37.2% | 130 days | 249 days (Jun 30, 2023) |
| May 6, 2026 | Sep 16, 2026 | -32.4% | 91 days | Not yet recovered |
| Jul 31, 2023 | Oct 30, 2023 | -24.8% | 64 days | 136 days (May 15, 2024) |
| Apr 5, 2021 | Jul 19, 2021 | -19.4% | 73 days | 47 days (Sep 23, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $44.16B
- P/E (TTM)
- 112.8
- EPS, diluted (TTM)
- $0.72
- Revenue (TTM)
- $5.12B
- Dividend yield
- 2.24%
- 52-week range
- $48.52 – $105.91
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $6.82B | $8.44B | $7.63B | $4.40B | $4.71B |
| Gross profit | $4.45B | $5.70B | $5.00B | $2.47B | $2.72B |
| Operating income | $1.85B | $3.12B | $2.57B | $296.3M | $490.1M |
| Net income | $1.29B | $2.24B | $1.91B | -$500,000 | $202.2M |
| EPS (diluted) | $2.27 | $4.02 | $3.48 | -$0.01 | $0.26 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.03B | $970.5M | $1.08B | $1.14B | $1.19B | $1.31B | $1.48B |
| Net income | $78.4M | -$53.6M | -$154.6M | -$18.6M | $41.7M | $34.9M | $144.2M | $229.8M |
| EPS (diluted) | $0.14 | -$0.10 | -$0.29 | -$0.09 | $0.08 | $0.06 | $0.21 | $0.37 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.84B | $3.62B | $2.89B | $898.1M | $962.1M |
| Capital expenditure | -$370.1M | -$486.2M | -$285.1M | -$126.0M | -$91.1M |
| Free cash flow | $2.47B | $3.13B | $2.61B | $772.1M | $871.0M |
| Dividends paid | -$503.8M | -$695.3M | -$911.5M | -$975.7M | -$984.0M |
| Net share buybacks | -$355.1M | -$863.5M | -$900.0M | $1.42B | -$120.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $272.3M
- Total assets
- $14.41B
- Total liabilities
- $7.96B
- Total debt
- $5.40B
- Net debt
- $5.13B
- Shareholders’ equity
- $6.45B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 24, 2026 | $0.46 | Sep 9, 2026 |
| May 22, 2026 | $0.46 | Jun 5, 2026 |
| Feb 23, 2026 | $0.46 | Mar 10, 2026 |
| Nov 24, 2025 | $0.46 | Dec 9, 2025 |
| Aug 22, 2025 | $0.46 | Sep 5, 2025 |
| May 22, 2025 | $0.46 | Jun 5, 2025 |
| Feb 24, 2025 | $0.46 | Mar 7, 2025 |
| Nov 22, 2024 | $0.46 | Dec 6, 2024 |
Short interest
- Shares sold short
- 32,591,878
- Days to cover
- 4.34
- Change vs previous report
- -0.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 13, 2021
- 2-for-1
- May 9, 2002
- 3-for-2
- Sep 27, 2000
- 3-for-2
- Feb 8, 2000
- 3-for-2
- Jan 7, 1997
- 3-for-2