Microchip Technology

Microchip Technology Inc. develops and manufactures semiconductor products for various embedded control applications worldwide. Its portfolio comprises 8- and 16-bit pic microcontrollers and 16-bit dspic digital signal controllers, which feature onboard flash (reprogrammable) memory technology; and linear, mixed-signal, power management, thermal management, battery management, and interface devices. Development tools enable system designers to program a pic microcontroller and dspic digital signal controllers for specific applications. Application-specific standard products include patented keeloq security devices; memory products include serial electrically erasable programmable read-only memory. The Company sells to the automotive, communications, computing, consumer, medical electronics, and industrial control markets.

Company Growth (employees)
Type
Public
HQ
Chandler, US
Founded
1989
Size (employees)
12,656 (est)
Microchip Technology was founded in 1989 and is headquartered in Chandler, US

Microchip Technology Office Locations

Microchip Technology has offices in Chandler, Dublin, Bucharest, Shanghai and in 42 other locations
Chandler, US (HQ)
2355 W Chandler Blvd
Show all (46)

Microchip Technology Financials and Metrics

Microchip Technology Financials

Microchip Technology's revenue was reported to be $3.4 b in FY, 2017
USD

Revenue (FY, 2017)

3.4 b

Revenue growth (FY, 2016 - FY, 2017), %

57%

Gross profit (FY, 2017)

1.8 b

Gross profit margin (FY, 2017), %

52%

EBIT (FY, 2017)

275.8 m

Market capitalization (13-Dec-2017)

21.1 b

Cash (30-Sep-2017)

826.4 m

EV

23.3 b
Microchip Technology's current market capitalization is $21.1 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.9 b2.1 b2.2 b3.4 b

Revenue growth, %

11%1%57%

Cost of goods sold

967.9 m1.7 b

Gross profit

1.2 b1.8 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

492.7 m482.4 m528.9 m546.2 m528.7 m534 m541.4 m540.3 m799.4 m871.4 m834.4 m972.1 m1 b

Cost of goods sold

203.8 m199.7 m222.4 m238.8 m226.8 m224.9 m240.4 m247.6 m450.9 m460.7 m369.1 m387.7 m398 m

Gross profit

288.9 m282.7 m306.5 m307.5 m302 m309 m301 m292.7 m348.5 m410.6 m465.3 m584.4 m614.1 m

Gross profit Margin, %

59%59%58%56%57%58%56%54%44%47%56%60%61%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

466.6 m607.8 m2.1 b908.7 m

Accounts Receivable

242.4 m273.9 m290.2 m478.4 m

Inventories

262.7 m279.5 m306.8 m417.2 m

Current Assets

2 b2.7 b3.1 b2.3 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

344.2 m375.1 m617.8 m481.4 m456.3 m563.5 m539.1 m331.5 m600.5 m490 m663.9 m773 m826.4 m

Accounts Receivable

230.5 m224.3 m286.7 m287.5 m242.6 m277 m281.1 m248 m435.5 m451 m475.1 m529 m545.4 m

Inventories

275.1 m274.6 m264.5 m275.7 m276.1 m303.7 m363.8 m319.5 m518.4 m424.7 m419.6 m426.8 m456.9 m

Current Assets

1.8 b2 b2.5 b2 b1.8 b2.3 b2.8 b1.6 b1.7 b1.5 b1.7 b2.3 b2.4 b
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    395.3 m365.3 m323.9 m

    Depreciation and Amortization

    189.1 m278.3 m283.2 m469.2 m

    Accounts Receivable

    (13 m)(16 m)(2.2 m)(46.8 m)

    Cash From Operating Activities

    676.6 m721.2 m744.5 m1.1 b
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

    Net Income

    99.8 m105.4 m89.9 m92 m84.8 m130.5 m64.9 m61.2 m(113.4 m)33.9 m107.2 m189.2 m

    Accounts Receivable

    286.7 m287.5 m242.6 m277 m281.1 m248 m435.5 m451 m475.1 m545.4 m

    Inventories

    264.5 m275.7 m276.1 m303.7 m363.8 m319.5 m518.4 m424.7 m419.6 m456.9 m

    Accounts Payable

    79.9 m94.4 m76.9 m93.7 m72.4 m69.1 m137.6 m131.6 m135.2 m182.6 m
      USDY, 2017

      EV/EBIT

      84.6 x

      Revenue/Employee

      285.6 k

      Financial Leverage

      2.3 x
      Show all financial metrics

      Microchip Technology Operating Metrics

      Microchip Technology's Backlog was reported to be $1.6 b in FY, 2017
      FY, 2015FY, 2016FY, 2017

      Backlog

      $765 m$1.21 b$1.62 b
      Show all operating metrics

      Microchip Technology Market Value History

      Microchip Technology Revenue Breakdown

      Microchip Technology Median Salaries

      Source: 237 public H-1B filings from Microchip Technology

      Microchip Technology's Web-traffic and Trends

      Microchip Technology Online and Social Media Presence

      Microchip Technology Company Life and Culture

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