Fundamental analysis · SEC EDGAR · as of 31/03/2026

Fundamental analysis of Microchip Technology Inc

MCHP · Nasdaq · Technology

Fundamental quality

DEMANDING

42

out of 100

Microchip Technology Inc's profile is defined by leverage: it carries high debt (4.46× EBITDA) on thin margins (4.9%), which makes it more sensitive to rates and the cycle. On fundamental quality it scores 42 out of 100, profiling it as a company with demanding fundamentals. Its weakest area is its growth (revenue -2.8%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Microchip Technology makes microcontrollers: the cheap, simple chips running everything from a microwave to a car. Thousands of industrial and auto customers, very long product cycles, and considerable debt from past acquisitions.

What will shape its future

  • The industrial/auto inventory cycle: its demand clogs and unclogs in waves.
  • Its debt, which weighs more than at other chipmakers when the cycle turns.
  • The very long life of its products: a chip designed today sells for 20 years.

Breakdown by area

I.Growth
8

EPS growth: -19.5% · Revenue growth: -2.8%

II.Profitability
57

Net margin: 4.9% · ROE: 3.6% · ROIC: 3.5%

III.Financial health
61

Net debt/EBITDA: 4.46x · FCF: 18.5%

Source: SEC EDGAR · as of 31/03/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 101 Technology companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 28%
ROEbeats 17%
Growthbeats 5%
Cash generationbeats 36%
Less debtbeats 6%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Microchip Technology Inc strengths

  • Strong free-cash-flow generation (FCF margin of 18.5%): profit turns into real cash.
  • High gross margin (57.7%), pointing to pricing power.
  • It has cut its net debt over the period.
  • Positive free cash flow year after year, a self-funding business.

Microchip Technology Inc risks and weaknesses

  • Declining revenue (-2.8% annualized).
  • High leverage (net debt of 4.46× EBITDA): more exposed to rates and to a rough patch.
  • Declining earnings per share (-19.5% annualized).
  • Thin margins (net margin of 4.9%), little cushion for setbacks.

Microchip Technology Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
20215,4383491,8248,624
20226,8211,2862,4737,370
20238,4392,2383,1356,206
20247,6341,9072,6085,680
20254,40207724,859
20264,7132308715,256

Between 2021 and 2026, revenue went from $5,438M to $4,713M (-13%) and net income went from $349M to $230M (-34%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Dividend

$1.82

per share, yearly

113% of free cash flow

Payout

at least 6 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Microchip Technology Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Microchip Technology Inc a good company to invest in?

In terms of business quality, Microchip Technology Inc scores 42 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Microchip Technology Inc a profitable company?

Microchip Technology Inc is profitable, with a net margin of 4.9%, though a thin one.

Does Microchip Technology Inc have a lot of debt?

Yes, its leverage is high: net debt is 4.46 times its EBITDA.

Is Microchip Technology Inc growing?

Its revenue has fallen 2.8% annualized in recent years.

Does Microchip Technology Inc generate cash?

Yes. It converts about 18.5% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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