Company Analysis

Microchip Technology Incorporated (MCHP)

Nasdaq: MCHP · Semiconductors & Related Devices · Chandler, AZ · filing with the SEC since 1994
Grade4.6
◀ Past 6.0● Present 4.0▶ Future 4.1

The grade of Microchip Technology Incorporated

Nine metrics read from its own filings, by tense
Headline grade
4.6/10
◀ Past6.030% of the headline
● Present4.040% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 76th percentile among 99 sector filers · read for itself

From the record

Microchip Technology Incorporated's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.8/10

What has it actually done, year after year?

+2.1% a year over 9 filed years; profitable in 8 of 9.

weight 45% of this tense · 38th percentile among 93 sector filers · read for its customers

From the record

Microchip Technology Incorporated's 9 filed years say what it did: revenue went from $4.0 billion in fiscal 2018 to $4.7 billion in fiscal 2026, up 2.1% a year; it rose in 5 of 8 years; the deepest fall was 48% from fiscal 2023 to fiscal 2025; net income was positive in 8 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.1%bottom 21% of its family
  • the share of years revenue rosebottom 40% of its family
  • the share of filed years with a profittop 34% of its family
  • the deepest fall from a revenue peak47.8%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.1/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 83% of cash flow returned. Insiders: 22 sales, 0 purchases.

weight 22% of this tense · 81st percentile among 67 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, Microchip Technology Incorporated's diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 83% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 22 sales (12 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 22% of its family
  • cash returned against operating cash flowtop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.5/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 55%: owes 55¢ per asset dollar.

weight 45% of this tense · 45th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Microchip Technology Incorporated earned about 4 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 19 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets, and net share issuance: its share count grew 1.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 24% of its family
  • return on equitytop 48% of its family
  • gross profit against assetstop 46% of its family
  • the share count against the year beforetop 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.9/10

How strong is its position in its industry?

bottom 49% of 97 in its family; net margin 4.9%.

weight 33% of this tense · 49th percentile among 97 sector filers · read for its customers

From the record

Microchip Technology Incorporated's standing among 97 graded names in its industry family: revenue of $4.7 billion in fiscal 2026 ranks in the top 21% by size; a net margin of 4.9% ranks in the top 44%; revenue growth of -17.6% a year over the last 3 filed years ranks in the bottom 12% (its annual reports).

What it rests on

  • revenue against the family$4.71Btop 21% of its family
  • net margin4.9%top 44% of its family
  • three-year revenue growth-17.6%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.7/10

What are the people in charge doing?

bottom 17% of 67 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 17th percentile among 67 sector filers · read for its shareholders

From the record

Microchip Technology Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Sanghi, Steve (President, CEO and Chair of Bd, as filed), filing under that title since 2025-07-16, 1.3 years (bottom 19% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 4.3 years (bottom 20%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 13%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge12 in three years among 12 peoplebottom 13% of its family
  • the median years the people in charge have filed4.3 yearsbottom 20% of its family
  • the chief executive's years on the record1.3 yearsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 94 in its family for room to expand.

weight 45% of this tense · 55th percentile among 94 sector filers · read for itself

From the record

Microchip Technology Incorporated's room to grow, from the newest filed statements (fiscal 2026): cash of $240 million against debt of $5.5 billion leaves -36.6% of its assets as net cash, bottom 3% of its family; cash from operations less capital spending is 18.5% of revenue (top 23%); a gross margin of 57.7% (top 19%); research spending of 23% of revenue (top 39%) (its annual report).

What it rests on

  • cash less debt against assets-36.6%bottom 3% of its family
  • cash from operations less capital spending against revenue18.5%top 23% of its family
  • gross margin57.7%top 19% of its family
  • research spending against revenue23.0%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.1/10

What could actually drive growth from here?

bottom 21% of 93 in its family for growth drivers.

weight 33% of this tense · 21st percentile among 93 sector filers · read for its customers

From the record

Microchip Technology Incorporated's growth drivers, from the filed years to fiscal 2026: revenue grew -17.6% a year over the last three filed years against 2.1% over all 9, slowing (bottom 15% of its family); the newest year grew 7.1% (bottom 44%); research spending grew -1% a year (bottom 23%); capital spending grew -42.8% a year (bottom 4%) (its annual reports). Microchip Technology Incorporated reported 2 lines of business in fiscal 2026: Semiconductor Products at $4.5 billion (97%), Technology Licensing at $164 million (4%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-19.8 points a yearbottom 15% of its family
  • the newest year's revenue growth7.1%bottom 44% of its family
  • three-year growth of research spending-1.0%bottom 23% of its family
  • three-year growth of capital spending-42.8%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.0/10

Did its newest year beat what its own record pointed to?

bottom 40% of 88 in its family for expectations against reality.

weight 22% of this tense · 40th percentile among 88 sector filers · read for its shareholders

From the record

Microchip Technology Incorporated's newest year against its own record: revenue of $4.7 billion in fiscal 2026 came in 48.2% above the $3.2 billion its prior three years' pace pointed to (top 22% of its family); net income of $230 million against a prior three-year average of $1.4 billion (bottom 24%); a net margin of 4.9% against 17.2% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace48.2%top 22% of its family
  • net income against the prior three years' average-83%bottom 24% of its family
  • net margin against its prior average-12.3 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MCHP · research, not advice