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microchip technology inc. - MCHP

MCHP

Close Chg Chg %
57.87 0.69 1.19%

Closed Market

58.56

+0.69 (1.19%)

Volume: 3.20M

Last Updated:

Dec 24, 2024, 1:00 PM EDT

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Company Overview: microchip technology inc. - MCHP

MCHP Key Data

Open

$57.81

 Day Range

57.25 - 58.61

52 Week Range

55.29 - 100.57

 Market Cap

$31.08B

Shares Outstanding

537.01M

 Public Float

525.58M

Beta

1.49

 Rev. Per Employee

N/A

P/E Ratio

40.36

 EPS

$1.45

Yield

312.94%

 Dividend

$0.46

EX-DIVIDEND DATE

Nov 22, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

9.55M

  

MCHP Performance

1 Week
 
 5.49%
 
1 Month
 
 -12.19%
 
3 Months
 
 -27.34%
 
1 Year
 
 -35.07%
 
5 Years
 
 11.04%
 

MCHP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 26
Full Ratings ➔

About microchip technology inc. - MCHP

Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment is involved in designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one-time programmable technologies. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.

MCHP At a Glance

Microchip Technology, Inc.
2355 West Chandler Boulevard
Chandler, Arizona 85224-6199
Phone 1-480-792-7200 Revenue 7.63B
Industry Semiconductors Net Income 1.91B
Sector Electronic Technology Employees 22,300
Fiscal Year-end 03 / 2025
View SEC Filings

MCHP Valuation

P/E Current 40.359
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 25.781
Price to Sales Ratio 6.439
Price to Book Ratio 7.231
Price to Cash Flow Ratio 16.995
Enterprise Value to EBITDA 15.997
Enterprise Value to Sales 7.205
Total Debt to Enterprise Value 0.112

MCHP Efficiency

Revenue/Employee 342,349.776
Income Per Employee 85,511.211
Receivables Turnover 6.675
Total Asset Turnover 0.474

MCHP Liquidity

Current Ratio 1.196
Quick Ratio 0.674
Cash Ratio 0.127

MCHP Profitability

Gross Margin 56.57
Operating Margin 33.515
Pretax Margin 30.99
Net Margin 24.978
Return on Assets 11.828
Return on Equity 28.955
Return on Total Capital 14.876
Return on Invested Capital 16.249

MCHP Capital Structure

Total Debt to Total Equity 92.54
Total Debt to Total Capital 48.063
Total Debt to Total Assets 38.814
Long-Term Debt to Equity 77.039
Long-Term Debt to Total Capital 40.012
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Microchip Technology Inc. - MCHP

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
5.44B 6.82B 8.44B 7.63B
Sales Growth
+3.11% +25.42% +23.72% -9.53%
Cost of Goods Sold (COGS) incl D&A
2.99B 3.29B 3.48B 3.32B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.15B 1.14B 998.40M 879.50M
Depreciation
160.60M 209.10M 244.70M 190.40M
Amortization of Intangibles
992.70M 934.40M 753.70M 689.10M
COGS Growth
-1.13% +10.07% +5.63% -4.69%
Gross Income
2.45B 3.53B 4.96B 4.32B
Gross Income Growth
+8.82% +44.19% +40.61% -12.93%
Gross Profit Margin
+44.99% +51.72% +58.78% +56.57%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.45B 1.65B 1.85B 1.76B
Research & Development
836.40M 989.10M 1.12B 1.10B
Other SG&A
610.30M 659.40M 729.70M 662.70M
SGA Growth
-6.93% +13.95% +12.10% -4.76%
Other Operating Expense
- - - -
-
Unusual Expense
301.30M 145.90M 4.30M (100.00K)
EBIT after Unusual Expense
698.50M 1.73B 3.11B 2.56B
Non Operating Income/Expense
(2.10M) 6.30M 5.90M 5.40M
Non-Operating Interest Income
1.70M 500.00K 2.10M 7.60M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
356.90M 257.00M 203.90M 198.30M
Interest Expense Growth
-28.23% -27.99% -20.66% -2.75%
Gross Interest Expense
356.90M 257.00M 203.90M 198.30M
Interest Capitalized
- - - -
-
Pretax Income
339.50M 1.48B 2.91B 2.37B
Pretax Income Growth
+125.73% +336.67% +96.27% -18.69%
Pretax Margin
+6.24% +21.73% +34.48% +30.99%
Income Tax
(9.90M) 197.00M 672.00M 459.00M
Income Tax - Current - Domestic
56.80M 195.30M 394.50M 367.50M
Income Tax - Current - Foreign
72.20M (6.20M) 72.00M 118.70M
Income Tax - Deferred - Domestic
(238.30M) (87.80M) 58.30M (118.70M)
Income Tax - Deferred - Foreign
99.40M 95.70M 147.20M 91.50M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
349.40M 1.29B 2.24B 1.91B
Minority Interest Expense
- - - -
-
Net Income
349.40M 1.29B 2.24B 1.91B
Net Income Growth
-38.77% +267.92% +74.07% -14.78%
Net Margin Growth
+6.42% +18.85% +26.52% +24.98%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
349.40M 1.29B 2.24B 1.91B
Preferred Dividends
- - - -
-
Net Income Available to Common
349.40M 1.29B 2.24B 1.91B
EPS (Basic)
0.673 2.3275 4.0656 3.5183
EPS (Basic) Growth
-43.64% +245.84% +74.68% -13.46%
Basic Shares Outstanding
519.20M 552.30M 550.40M 542.00M
EPS (Diluted)
0.6456 2.2716 4.0152 3.4797
EPS (Diluted) Growth
-42.03% +251.86% +76.76% -13.34%
Diluted Shares Outstanding
541.20M 565.90M 557.30M 548.00M
EBITDA
2.15B 3.02B 4.11B 3.44B
EBITDA Growth
+12.76% +40.38% +35.99% -16.35%
EBITDA Margin
+39.59% +44.31% +48.71% +45.04%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 84.524
Number of Ratings 26 Current Quarters Estimate 0.293
FY Report Date 12 / 2024 Current Year's Estimate 1.60
Last Quarter’s Earnings 0.46 Median PE on CY Estimate N/A
Year Ago Earnings 4.92 Next Fiscal Year Estimate 2.423
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 19 17 21
Mean Estimate 0.29 0.31 1.60 2.42
High Estimates 0.35 0.39 1.73 4.34
Low Estimate 0.25 0.23 1.50 1.61
Coefficient of Variance 10.03 14.82 4.03 27.96

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 16 16 17
OVERWEIGHT 2 2 0
HOLD 7 8 10
UNDERWEIGHT 1 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Microchip Technology Inc. - MCHP

Date Name Shares Transaction Value
Oct 4, 2024 Ganesh Moorthy PRESIDENT AND CEO; Director 530 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 James Eric Bjornholt SENIOR VP AND CFO 2,541 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Joseph R Ii Krawczyk SR. VP, WW CLIENT ENGAGEMENT 508 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Mathew B. Bunker SENIOR VP, OPERATIONS 379 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Mathew B. Bunker SENIOR VP, OPERATIONS 221 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Joseph R Ii Krawczyk SR. VP, WW CLIENT ENGAGEMENT 1,452 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 James Eric Bjornholt SENIOR VP AND CFO 2,540 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 James Eric Bjornholt SENIOR VP AND CFO 252 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Joseph R Ii Krawczyk SR. VP, WW CLIENT ENGAGEMENT 1,452 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Joseph R Ii Krawczyk SR. VP, WW CLIENT ENGAGEMENT 231 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Joseph R Ii Krawczyk SR. VP, WW CLIENT ENGAGEMENT 508 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Mathew B. Bunker SENIOR VP, OPERATIONS 1,936 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Ganesh Moorthy PRESIDENT AND CEO; Director 11,528 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Ganesh Moorthy PRESIDENT AND CEO; Director 11,528 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Mathew B. Bunker SENIOR VP, OPERATIONS 1,935 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Richard J. Simoncic CHIEF OPERATING OFFICER 269 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Richard J. Simoncic CHIEF OPERATING OFFICER 1,081 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Richard J. Simoncic CHIEF OPERATING OFFICER 4,033 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Richard J. Simoncic CHIEF OPERATING OFFICER 1,081 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Richard J. Simoncic CHIEF OPERATING OFFICER 4,033 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Microchip Technology Inc. in the News