Microchip Technology (MCHP) Return on Assets (ROA)

Price: $41.93
Market Cap: $22.55B
Avg Volume: 12.47M
Country: US
Industry: Semiconductors
Sector: Technology
Beta: 1.505
52W Range: $34.13-100.57
Website: Microchip Technology

Microchip Technology Return on Assets (ROA) Summary

Microchip Technology's ROA indicates the return generated on the company's assets:

  • Annual: 12.01%
  • Quarterly: -0.34%
  • TTM: 1.98%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Microchip Technology's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 28.64%
    • Quarterly: -0.89%
    • TTM: 4.87%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 14.40%
    • Quarterly: 0.25%
    • TTM: 3.37%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 29.72%
    • Quarterly: -0.83%
    • TTM: 4.80%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 24.98%
    • Quarterly: -5.22%
    • TTM: 6.49%

These metrics provide insights into Microchip Technology's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

12.01%

Quarterly ROA

-0.34%

TTM ROA

1.98%

Microchip Technology Historical ROA
13.67%13.67%10.94%10.94%8.20%8.20%5.47%5.47%2.73%2.73%0.00%0.00%ROA201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROE
34.35%34.35%27.48%27.48%20.61%20.61%13.74%13.74%6.87%6.87%0.00%0.00%ROE201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
16.32%16.32%13.06%13.06%9.79%9.79%6.53%6.53%3.26%3.26%0.00%0.00%ROIC201620162017201720182018201920192020202020212021202220222023202320242024
Historical Profit Margin
26.52%26.52%21.21%21.21%15.91%15.91%10.61%10.61%5.30%5.30%0.00%0.00%Profit Margin201620162017201720182018201920192020202020212021202220222023202320242024
Historical Return on Tangible Assets
35.36%35.36%28.29%28.29%21.22%21.22%14.15%14.15%7.07%7.07%0.00%0.00%Return on Tangible Assets201620162017201720182018201920192020202020212021202220222023202320242024

Microchip Technology Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2024 12.01% 28.64% 14.40% 24.98% 29.72%
2023 13.67% 34.35% 16.32% 26.52% 35.36%
2022 7.94% 21.81% 10.81% 18.85% 23.45%
2021 2.12% 6.55% 6.66% 6.42% 6.97%
2020 3.27% 10.22% 14.93% 10.82% 11.28%
2019 1.94% 6.73% 7.17% 6.65% 7.12%
2018 3.09% 7.79% 4.30% 6.42% 5.94%
2017 2.14% 5.03% 7.46% 4.83% 5.09%
2016 5.82% 15.07% 7.82% 14.91% 8.21%
2015 7.72% 18.05% 10.15% 17.19% 9.96%

Related Metrics

Explore detailed financial metrics and analysis for MCHP.