Microchip Technology (MCHP) Financial Statements

Price: $50.79
Market Cap: $27.32B
Avg Volume: 9.89M
Country: US
Industry: Semiconductors
Sector: Technology
Beta: 1.517
52W Range: $49.92-100.57
Website: Microchip Technology

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Microchip Technology.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$3.20B$3.20B$2.40B$2.40B$1.60B$1.60B$800.00M$800.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown March 31, 2024 March 31, 2023 March 31, 2022 March 31, 2021 March 31, 2020 March 31, 2019 March 31, 2018 March 31, 2017 March 31, 2016 March 31, 2015
Revenue $7.63B $8.44B $6.82B $5.44B $5.27B $5.35B $3.98B $3.41B $2.17B $2.15B
Cost of Revenue $2.64B $2.74B $2.37B $2.06B $2.03B $2.42B $1.56B $1.65B $967.87M $917.47M
Gross Profit $5.00B $5.70B $4.45B $3.38B $3.24B $2.93B $2.42B $1.76B $1.21B $1.23B
Gross Profit Ratio 65.44% 67.50% 65.23% 62.10% 61.47% 54.80% 60.81% 51.56% 55.47% 57.27%
Research and Development Expenses $1.10B $1.12B $989.10M $836.40M $877.80M $826.30M $529.30M $545.29M $372.60M $349.54M
General and Administrative Expenses $- $- $- $- $- $682.90M $452.10M $499.81M $301.67M $274.81M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $734.20M $797.70M $718.90M $610.30M $676.60M $682.90M $452.10M $499.81M $301.67M $274.81M
Other Expenses $593.10M $669.90M $862.50M $932.30M $993.90M $-509.60M $-198.80M $-185.81M $-70.71M $-79.40M
Operating Expenses $2.42B $2.59B $2.57B $2.38B $2.55B $2.18B $1.47B $1.38B $849.16M $801.10M
Cost and Expenses $5.06B $5.33B $4.94B $4.44B $4.58B $4.60B $3.03B $3.03B $1.82B $1.72B
Interest Income $7.60M $2.10M $500.00K $1.70M $2.80M $8.10M $22.00M $3.08M $24.45M $19.53M
Interest Expense $198.30M $198.30M $245.50M $339.80M $497.30M $502.90M $199.00M $146.35M $104.02M $62.03M
Depreciation and Amortization $879.50M $998.40M $1.14B $1.15B $1.22B $876.40M $615.90M $469.21M $283.17M $176.75M
EBITDA $3.44B $4.11B $3.02B $2.15B $1.91B $1.62B $1.55B $705.34M $668.48M $731.16M
EBITDA Ratio 45.04% 44.77% 40.63% 35.56% 32.88% 27.21% 36.60% 23.79% 24.62% 28.32%
Operating Income $2.57B $3.12B $1.85B $998.10M $647.10M $714.30M $936.30M $275.82M $352.35M $425.62M
Operating Income Ratio 33.68% 36.93% 27.12% 18.35% 12.27% 13.35% 23.52% 8.09% 16.21% 19.82%
Total Other Income Expenses Net $-205.10M $-206.30M $-367.10M $-658.60M $-496.70M $-509.80M $-199.00M $-186.01M $-71.05M $-79.71M
Income Before Tax $2.37B $2.91B $1.48B $339.50M $150.40M $204.50M $737.30M $89.79M $281.29M $345.91M
Income Before Tax Ratio 30.99% 34.48% 21.73% 6.24% 2.85% 3.82% 18.52% 2.63% 12.94% 16.11%
Income Tax Expense $459.00M $672.00M $197.00M $-9.90M $-420.20M $-151.40M $481.90M $-80.81M $-42.63M $-19.42M
Net Income $1.91B $2.24B $1.29B $349.40M $570.60M $355.90M $255.40M $164.64M $324.13M $369.01M
Net Income Ratio 24.98% 26.52% 18.85% 6.42% 10.82% 6.65% 6.42% 4.83% 14.91% 17.19%
EPS $3.52 $4.07 $2.33 $0.67 $1.19 $0.71 $0.52 $0.38 $0.80 $0.92
EPS Diluted $3.48 $4.02 $2.27 $0.65 $1.11 $0.71 $0.51 $0.36 $0.75 $0.83
Weighted Average Shares Outstanding 542.00M 550.40M 552.30M 519.20M 477.80M 499.80M 495.92M 434.39M 406.77M 401.87M
Weighted Average Shares Outstanding Diluted 548.00M 557.30M 565.90M 541.20M 512.40M 499.80M 497.80M 469.61M 434.78M 447.12M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$20.00B$20.00B$15.00B$15.00B$10.00B$10.00B$5.00B$5.00B$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Equity$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown March 31, 2024 March 31, 2023 March 31, 2022 March 31, 2021 March 31, 2020 March 31, 2019 March 31, 2018 March 31, 2017 March 31, 2016 March 31, 2015
Cash and Cash Equivalents $319.70M $234.00M $317.40M $280.00M $401.00M $428.60M $901.30M $908.68M $2.09B $607.82M
Short Term Investments $- $- $2.00M $2.00M $2.00M $2.30M $1.30B $394.09M $353.28M $1.35B
Cash and Short Term Investments $319.70M $234.00M $319.40M $282.00M $403.00M $430.90M $2.20B $1.30B $2.45B $1.96B
Net Receivables $1.14B $1.31B $1.07B $997.70M $934.00M $880.60M $563.70M $478.37M $290.18M $273.94M
Inventory $1.32B $1.32B $854.40M $665.00M $685.70M $711.70M $476.20M $417.20M $306.81M $279.46M
Other Current Assets $233.60M $205.10M $206.20M $200.50M $194.50M $191.60M $119.80M $106.69M $53.68M $152.35M
Total Current Assets $3.01B $3.07B $2.45B $2.15B $2.22B $2.21B $3.36B $2.31B $3.10B $2.66B
Property Plant Equipment Net $1.35B $1.18B $967.90M $854.70M $876.10M $996.70M $767.90M $683.34M $609.40M $581.57M
Goodwill $6.68B $6.67B $6.67B $6.67B $6.66B $6.66B $2.30B $2.30B $1.01B $571.27M
Intangible Assets $2.78B $3.37B $4.04B $4.79B $5.70B $6.69B $1.66B $2.15B $606.35M $504.42M
Goodwill and Intangible Assets $9.46B $10.04B $10.72B $11.47B $12.37B $13.35B $3.96B $4.45B $1.62B $1.08B
Long Term Investments $- $- $- $-13.21B $-14.12B $-15.03B $-4.06B $107.46M $118.55M $383.33M
Tax Assets $1.60B $1.62B $1.80B $1.75B $1.75B $1.68B $100.20M $68.87M $14.83M $71.05M
Other Non-Current Assets $455.60M $457.20M $265.20M $13.48B $14.33B $15.13B $4.13B $66.77M $109.03M $4.46M
Total Non-Current Assets $12.86B $13.30B $13.75B $14.33B $15.21B $16.13B $4.90B $5.37B $2.47B $2.12B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $15.87B $16.37B $16.20B $16.48B $17.43B $18.34B $8.26B $7.68B $5.57B $4.78B
Account Payables $213.00M $396.90M $344.70M $292.40M $246.80M $226.40M $144.10M $149.23M $79.31M $86.87M
Short Term Debt $1.03B $1.43B $33.80M $1.36B $653.30M $1.36B $1.31B $49.95M $- $-
Tax Payables $90.80M $705.70M $121.50M $43.40M $38.00M $46.90M $754.90M $184.94M $111.06M $114.34M
Deferred Revenue $261.80M $121.40M $73.20M $- $- $- $333.80M $292.81M $183.43M $166.13M
Other Current Liabilities $921.80M $464.90M $825.80M $711.10M $699.30M $740.40M $-525.30M $27.50M $8.20M $-13.36M
Total Current Liabilities $2.52B $3.12B $1.40B $2.41B $1.64B $2.37B $2.02B $704.45M $382.01M $353.97M
Long Term Debt $5.00B $5.17B $7.82B $7.71B $8.97B $8.95B $1.76B $2.90B $2.45B $1.83B
Deferred Revenue Non-Current $- $636.30M $44.40M $689.90M $668.40M $751.20M $754.90M $176.64M $111.06M $114.34M
Deferred Tax Liabilities Non-Current $28.80M $42.70M $39.80M $43.90M $318.50M $706.10M $205.80M $409.05M $399.22M $381.19M
Other Non-Current Liabilities $1.67B $1.53B $1.05B $981.60M $916.60M $1.04B $995.80M $393.85M $152.33M $157.66M
Total Non-Current Liabilities $6.70B $6.74B $8.91B $8.73B $10.20B $10.68B $2.96B $3.70B $3.03B $2.37B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $9.22B $9.86B $10.30B $11.14B $11.84B $13.06B $4.98B $4.41B $3.42B $2.72B
Preferred Stock $- $- $- $- $- $- $- $378.00K $357.00K $-
Common Stock $500.00K $500.00K $600.00K $300.00K $200.00K $200.00K $200.00K $229.00K $204.00K $202.00K
Retained Earnings $6.76B $5.76B $4.18B $3.39B $3.43B $3.21B $1.40B $1.48B $1.58B $1.55B
Accumulated Other Comprehensive Income Loss $-3.50M $-4.10M $-20.60M $-26.20M $-21.60M $-20.70M $-17.60M $-14.38M $-3.36M $11.08M
Other Total Stockholders Equity $-98.70M $753.10M $1.74B $1.97B $2.17B $2.10B $1.90B $1.81B $571.49M $483.84M
Total Stockholders Equity $6.66B $6.51B $5.89B $5.34B $5.59B $5.29B $3.28B $3.27B $2.15B $2.04B
Total Equity $6.66B $6.51B $5.89B $5.34B $5.59B $5.29B $3.28B $3.27B $2.15B $2.06B
Total Liabilities and Stockholders Equity $15.87B $16.37B $16.20B $16.48B $17.43B $18.34B $8.26B $7.68B $5.57B $4.78B
Minority Interest $- $- $- $- $- $- $- $- $- $16.37M
Total Liabilities and Total Equity $15.87B $16.37B $16.20B $16.48B $17.43B $18.34B $8.26B $7.68B $5.57B $4.78B
Total Investments $639.40M $- $2.00M $2.00M $2.00M $2.30M $1.30B $501.55M $471.83M $1.73B
Total Debt $6.03B $6.44B $7.69B $8.90B $9.48B $10.31B $3.07B $2.95B $2.48B $1.83B
Net Debt $5.71B $6.21B $7.37B $8.62B $9.08B $9.88B $2.17B $2.04B $390.29M $1.22B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$6.00B$6.00B$3.00B$3.00B$0.00$0.00-$3.00B-$3.00B-$6.00B-$6.00B-$9.00B-$9.00B201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B-$4.00B-$4.00B201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown March 31, 2024 March 31, 2023 March 31, 2022 March 31, 2021 March 31, 2020 March 31, 2019 March 31, 2018 March 31, 2017 March 31, 2016 March 31, 2015
Net Income $1.91B $2.24B $1.29B $349.40M $570.60M $355.90M $255.40M $164.64M $323.93M $365.32M
Depreciation and Amortization $879.50M $998.40M $1.14B $1.15B $1.22B $876.40M $615.90M $469.21M $283.17M $278.30M
Deferred Income Tax $-27.20M $205.50M $7.90M $-138.90M $-490.30M $-62.20M $51.20M $-126.89M $-60.42M $-32.81M
Stock Based Compensation $177.50M $170.40M $210.20M $198.30M $170.20M $166.40M $93.20M $128.16M $71.42M $58.60M
Change in Working Capital $-76.70M $-16.00M $34.20M $-27.00M $-66.70M $184.70M $264.50M $294.82M $78.88M $-8.96M
Accounts Receivables $161.60M $-232.70M $-74.90M $-63.70M $-53.30M $238.80M $-85.30M $-46.83M $-2.15M $-15.89M
Inventory $12.80M $-483.20M $-177.80M $18.40M $28.80M $341.60M $-59.20M $223.71M $48.24M $25.52M
Accounts Payables $-148.40M $323.40M $192.70M $17.60M $11.40M $-180.70M $-13.90M $-16.07M $-20.84M $-33.99M
Other Working Capital $-102.70M $376.50M $94.20M $700.00K $-53.60M $-215.00M $422.90M $134.01M $53.62M $15.41M
Other Non Cash Items $32.70M $25.00M $161.40M $381.40M $144.40M $153.60M $139.40M $129.52M $47.51M $60.73M
Net Cash Provided by Operating Activities $2.89B $3.62B $2.84B $1.92B $1.54B $1.67B $1.42B $1.06B $744.48M $721.18M
Investments in Property Plant and Equipment $-285.10M $-486.20M $-370.10M $-92.60M $-67.60M $-228.90M $-206.80M $-75.31M $-97.89M $-149.47M
Acquisitions Net $- $900.00K $14.10M $8.30M $67.60M $-7.85B $10.30M $-2.75B $-359.31M $-659.93M
Purchases of Investments $- $- $- $- $-2.00M $-167.70M $-1.59B $-500.31M $-1.57B $-959.32M
Sales Maturities of Investments $- $- $- $- $4.70M $1.45B $786.70M $470.56M $2.82B $1.10B
Other Investing Activities $-107.00M $-114.20M $-121.70M $-89.00M $-135.90M $-18.40M $3.20M $12.85M $7.24M $-6.66M
Net Cash Used for Investing Activities $-392.10M $-599.50M $-477.70M $-173.30M $-133.20M $-6.81B $-1.01B $-2.84B $800.40M $-678.32M
Debt Repayment $-542.30M $-1.47B $-1.38B $-1.44B $-1.08B $5.11B $-74.20M $964.00M $589.50M $401.73M
Common Stock Issued $82.10M $82.30M $70.50M $60.30M $58.80M $42.60M $42.00M $42.21M $28.72M $34.43M
Common Stock Repurchased $-982.10M $-945.80M $-425.60M $- $- $- $- $- $-363.83M $-
Dividends Paid $-911.50M $-695.30M $-503.80M $-388.30M $-350.10M $-344.40M $-337.50M $-315.40M $-291.09M $-286.48M
Other Financing Activities $-61.10M $-75.80M $-84.20M $-100.40M $-68.10M $-144.50M $-45.60M $-95.30M $-23.26M $-51.13M
Net Cash Used Provided by Financing Activities $-2.41B $-3.10B $-2.33B $-1.86B $-1.44B $4.66B $-415.30M $595.50M $-59.94M $98.55M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $-1.01M $- $-201.00K
Net Change in Cash $85.70M $-83.40M $37.40M $-121.00M $-27.60M $-472.70M $-7.40M $-1.18B $1.48B $141.21M
Cash at End of Period $319.70M $234.00M $317.40M $280.00M $401.00M $428.60M $901.30M $908.68M $2.09B $607.82M
Cash at Beginning of Period $234.00M $317.40M $280.00M $401.00M $428.60M $901.30M $908.70M $2.09B $607.82M $466.60M
Operating Cash Flow $2.89B $3.62B $2.84B $1.92B $1.54B $1.67B $1.42B $1.06B $744.48M $721.18M
Capital Expenditure $-285.10M $-486.20M $-370.10M $-92.60M $-67.60M $-228.90M $-206.80M $-75.31M $-97.89M $-149.47M
Free Cash Flow $2.61B $3.13B $2.47B $1.82B $1.48B $1.45B $1.21B $984.14M $646.59M $571.71M