Last 47 quarters of trend data · Technology · Semiconductors
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Microchip Technology Incorporated's quarterly P/E stands at 248.9x. EV/EBITDA has compressed 27.4% YoY to 30.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -9999.00 | 248.91 | 208.51 | — | — | — | 143.38 | 95.31 | 80.10 | 29.28 | 16.13 | 18.51 | 19.22 |
| — | — | +45.4% | — | — | — | +789.1% | +414.9% | +316.8% | +73.4% | +3.6% | +14.7% | -21.2% | |
| P/S Ratio | 12.27 | 7.33 | 7.59 | 8.82 | 6.70 | 7.51 | 9.35 | 10.00 | 9.22 | 6.98 | 4.75 | 5.40 | 5.20 |
| — | -2.4% | -18.8% | -11.8% | -27.3% | +7.6% | +96.6% | +85.4% | +77.4% | +55.2% | +15.7% | +30.0% | -9.7% | |
| P/B Ratio | 7.57 | 5.30 | 5.17 | 5.53 | 3.68 | 5.11 | 6.93 | 7.75 | 7.34 | 6.96 | 6.15 | 7.23 | 7.12 |
| — | +3.7% | -25.4% | -28.6% | -49.9% | -26.6% | +12.7% | +7.2% | +3.0% | +12.6% | +10.2% | +32.6% | -1.1% | |
| P/FCF | 69.92 | 27.25 | 167.77 | 36.81 | 33.93 | 30.41 | 477.16 | 40.82 | 31.34 | 15.52 | 19.78 | 14.00 | 19.44 |
| — | -10.4% | -64.8% | -9.8% | +8.3% | +95.9% | +2312.5% | +191.5% | +61.2% | +80.9% | +58.6% | +23.4% | +15.9% | |
| EV / EBITDA | 56.27 | 30.84 | 37.14 | 52.75 | 89.13 | 42.51 | 37.17 | 34.06 | 28.93 | 18.27 | 11.03 | 12.25 | 12.09 |
| — | -27.4% | -0.1% | +54.9% | +208.1% | +132.6% | +236.9% | +177.9% | +139.3% | +70.1% | +8.1% | +18.2% | -18.5% | |
| EV / EBIT | 198.73 | 63.76 | 112.95 | 266.61 | — | 444.93 | 83.76 | 62.67 | 53.90 | 25.73 | 13.86 | 15.45 | 15.58 |
| — | -85.7% | +34.8% | +325.4% | — | +1629.3% | +504.3% | +305.8% | +246.0% | +84.4% | +1.2% | +7.7% | -33.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Microchip Technology Incorporated's operating margin was 12.8% in Q3 2026, up 4.4 pp QoQ and up 9.8 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 3.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 8.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.1% | 59.6% | 55.9% | 53.6% | 51.6% | 54.7% | 57.4% | 59.4% | 59.6% | 63.4% | 67.8% | 68.1% | 68.0% |
| — | +8.9% | -2.6% | -9.7% | -13.3% | -13.7% | -15.2% | -12.8% | -12.4% | -6.4% | +0.5% | +2.1% | +2.8% | |
| Operating Margin | 6.7% | 12.8% | 8.3% | 3.0% | -10.3% | 3.0% | 12.6% | 17.7% | 19.1% | 30.0% | 39.3% | 39.5% | 38.0% |
| — | +324.7% | -33.7% | -83.1% | -154.1% | -90.0% | -67.9% | -55.3% | -49.7% | -19.9% | +7.8% | +10.5% | +27.5% | |
| Net Margin | -0.0% | 2.9% | 3.7% | -1.7% | -15.9% | -5.2% | 6.7% | 10.4% | 11.7% | 23.7% | 29.6% | 29.1% | 27.1% |
| — | +156.3% | -45.7% | -116.6% | -236.5% | -122.0% | -77.2% | -64.2% | -56.9% | -11.3% | +12.2% | +12.7% | +13.9% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.0% | 0.5% | 0.6% | -0.3% | -2.4% | -0.9% | 1.2% | 2.0% | 2.3% | 6.0% | 9.7% | 10.0% | 9.4% |
| — | +160.5% | -50.2% | -113.5% | -204.7% | -114.6% | -87.2% | -80.2% | -76.1% | -36.2% | +6.8% | +16.9% | +25.8% | |
| ROA | -0.0% | 0.2% | 0.3% | -0.1% | -1.0% | -0.3% | 0.5% | 0.8% | 1.0% | 2.6% | 4.0% | 4.1% | 3.7% |
| — | +170.7% | -43.2% | -115.0% | -203.2% | -113.4% | -87.6% | -79.9% | -74.0% | -28.8% | +19.3% | +29.6% | +36.9% | |
| ROIC | 1.8% | 1.0% | 0.6% | 0.2% | -0.6% | 0.2% | 0.9% | 1.3% | 1.5% | 3.1% | 5.2% | 5.3% | 5.0% |
| — | +413.7% | -32.1% | -84.8% | -140.7% | -94.0% | -83.0% | -74.9% | -69.4% | -33.7% | +21.3% | +34.4% | +62.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Microchip Technology Incorporated's Debt/EBITDA ratio is 16.7x, down from 20.2x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.80 | 0.82 | 0.81 | 0.80 | 0.80 | 1.12 | 1.03 | 0.97 | 0.91 | 0.81 | 0.88 | 0.89 | 1.01 |
| — | -26.8% | -21.4% | -17.2% | -11.7% | +39.0% | +17.4% | +9.1% | -10.6% | -22.9% | -27.1% | -30.2% | -23.9% | |
| Debt / EBITDA | 5.41 | 16.71 | 20.20 | 27.04 | 65.35 | 31.16 | 19.32 | 15.21 | 12.79 | 7.65 | 5.53 | 5.38 | 6.05 |
| — | -46.4% | +4.6% | +77.8% | +411.0% | +307.4% | +249.2% | +182.5% | +111.4% | +21.9% | -24.1% | -31.9% | -35.1% | |
| Current Ratio | 2.59 | 2.16 | 2.25 | 2.31 | 2.59 | 2.25 | 0.88 | 1.94 | 1.20 | 0.98 | 1.03 | 1.02 | 0.98 |
| — | -4.0% | +154.6% | +19.3% | +116.5% | +130.3% | -14.4% | +91.0% | +21.5% | -44.4% | -2.0% | -42.9% | -43.9% | |
| Quick Ratio | 1.47 | 1.16 | 1.20 | 1.33 | 1.47 | 1.23 | 0.48 | 1.08 | 0.67 | 0.58 | 0.64 | 0.60 | 0.56 |
| — | -5.6% | +152.3% | +23.4% | +118.2% | +112.7% | -25.9% | +79.7% | +20.4% | -44.0% | -0.8% | -48.5% | -51.0% | |
| Interest Coverage | 1.15 | 2.80 | 1.56 | 0.70 | -1.48 | 0.31 | 2.61 | 3.71 | 4.60 | 10.81 | 18.77 | 18.93 | 17.83 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying MCHP stock.
Microchip Technology Incorporated's current P/E is -9999.0x. The average P/E over the last 2 quarters is 228.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Microchip Technology Incorporated's current operating margin is 6.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Microchip Technology Incorporated's business trajectory between earnings reports.