Microchip Technology was founded in 1989 and is headquartered in Chandler, US

Microchip Technology has an office in Chandler

Chandler, US (HQ)

2355 W Chandler Blvd

Microchip Technology's revenue was reported to be $3.4 b in FY, 2017 which is a **57% increase** from the previous period.

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 (22-Aug-2017) | 20.1 b |

## Cash (31-Mar-2017) | 908.7 m |

## EV | 22.1 b |

Microchip Technology's current market capitalization is $20.1 b.

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Revenue | 1.9 b | 2.1 b | 2.2 b | 3.4 b |

## Revenue growth, % | 11% | 1% | 57% | |

## Cost of goods sold | 967.9 m | 1.7 b | ||

## Gross profit | 1.2 b | 1.8 b | ||

## Gross profit Margin, % | 55% | 52% | ||

## R&D expense | 545.3 m | |||

## General and administrative expense | 499.8 m | |||

## Operating expense total | 1 b | |||

## EBIT | 459 m | 425.9 m | 352.7 m | 275.8 m |

## EBIT margin, % | 24% | 20% | 16% | 8% |

## Interest expense | 104 m | 146.3 m | ||

## Interest income | 24.4 m | 3.1 m | ||

## Pre tax profit | 281.3 m | 89.8 m | ||

## Income tax expense | (42.6 m) | (80.8 m) | ||

## Net Income | 395.3 m | 365.3 m | 323.9 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 528.9 m | 546.2 m | 528.7 m | 534 m | 541.4 m | 540.3 m | 799.4 m | 871.4 m | 834.4 m |

## Cost of goods sold | 222.4 m | 238.8 m | 226.8 m | 224.9 m | 240.4 m | 247.6 m | 450.9 m | 460.7 m | 369.1 m |

## Gross profit | 306.5 m | 307.5 m | 302 m | 309 m | 301 m | 292.7 m | 348.5 m | 410.6 m | 465.3 m |

## Gross profit Margin, % | 58% | 56% | 57% | 58% | 56% | 54% | 44% | 47% | 56% |

## R&D expense | 84.4 m | 88.8 m | 88.7 m | 84.7 m | 95.3 m | 97 m | 147.9 m | 137.8 m | 132.4 m |

## General and administrative expense | 69.3 m | 66.7 m | 66.8 m | 80.3 m | 76.3 m | 157.5 m | 120.1 m | 111 m | |

## Operating expense total | 153.6 m | 88.8 m | 155.4 m | 151.5 m | 175.5 m | 173.3 m | 305.4 m | 257.9 m | 243.5 m |

## EBIT | 115.9 m | 101.3 m | 98 m | 121.3 m | 74.9 m | 76.1 m | (59.1 m) | 62.8 m | 118.1 m |

## EBIT margin, % | 22% | 19% | 19% | 23% | 14% | 14% | (7%) | 7% | 14% |

## Interest expense | 13.7 m | 14 m | 14.2 m | 24.1 m | 25.6 m | 27.5 m | 34.4 m | 35.1 m | 35.1 m |

## Interest income | 4.7 m | 4.5 m | 4.9 m | 5.5 m | 6.4 m | 6.7 m | 819 k | 445 k | 501 k |

## Pre tax profit | 107 m | 90.7 m | 86.2 m | 119.6 m | 54 m | 50.2 m | (90.7 m) | 25.2 m | 83.5 m |

## Income tax expense | 17.1 m | (1.3 m) | 1.4 m | (10.9 m) | (10.9 m) | (11.1 m) | 18.5 m | (10.3 m) | (23.8 m) |

## Net Income | 89.9 m | 92 m | 84.8 m | 130.5 m | 64.9 m | 61.2 m | (113.4 m) | 33.9 m | 107.2 m |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 466.6 m | 607.8 m | 2.1 b | 908.7 m |

## Accounts Receivable | 242.4 m | 273.9 m | 290.2 m | 478.4 m |

## Inventories | 262.7 m | 279.5 m | 306.8 m | 417.2 m |

## Current Assets | 2 b | 2.7 b | 3.1 b | 2.3 b |

## PP&E | 532 m | 581.6 m | 609.4 m | 683.3 m |

## Goodwill | 276.1 m | 571.3 m | 1 b | 2.3 b |

## Total Assets | 4.1 b | 4.8 b | 5.6 b | 7.7 b |

## Accounts Payable | 74.1 m | 86.9 m | 79.3 m | 149.2 m |

## Total Debt | 3 b | |||

## Current Liabilities | 336.1 m | 354 m | 382 m | 704.5 m |

## Additional Paid-in Capital | 1.2 b | 999.5 m | 1.4 b | 2.5 b |

## Retained Earnings | 1.5 b | 1.5 b | 1.6 b | 1.5 b |

## Total Equity | 2.1 b | 2.1 b | 2.2 b | 3.3 b |

## Debt to Equity Ratio | 0.9 x | |||

## Debt to Assets Ratio | 0.4 x | |||

## Financial Leverage | 1.9 x | 2.3 x | 2.6 x | 2.4 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 617.8 m | 481.4 m | 456.3 m | 563.5 m | 539.1 m | 331.5 m | 600.5 m | 490 m | 663.9 m |

## Accounts Receivable | 286.7 m | 287.5 m | 242.6 m | 277 m | 281.1 m | 248 m | 435.5 m | 451 m | 475.1 m |

## Inventories | 264.5 m | 275.7 m | 276.1 m | 303.7 m | 363.8 m | 319.5 m | 518.4 m | 424.7 m | 419.6 m |

## Current Assets | 2.5 b | 2 b | 1.8 b | 2.3 b | 2.8 b | 1.6 b | 1.7 b | 1.5 b | 1.7 b |

## PP&E | 569.9 m | 585.1 m | 577.1 m | 595.2 m | 631.6 m | 622.8 m | 732.8 m | 717 m | 698.7 m |

## Goodwill | 409.9 m | 558 m | 565.3 m | 571.7 m | 1 b | 1 b | 2.4 b | 2.4 b | 2.4 b |

## Total Assets | 4.5 b | 4.6 b | 4.6 b | 4.9 b | 5.8 b | 5.4 b | 7.4 b | 7.1 b | 7.1 b |

## Accounts Payable | 79.9 m | 94.4 m | 76.9 m | 93.7 m | 72.4 m | 69.1 m | 137.6 m | 131.6 m | 135.2 m |

## Current Liabilities | 359.7 m | 385.5 m | 353.1 m | 372.3 m | 371.8 m | 343.9 m | 573.3 m | 578.8 m | 651.6 m |

## Additional Paid-in Capital | 1.2 b | 1.2 b | 1.3 b | 1 b | 1.4 b | 1.4 b | 1.9 b | 1.9 b | 1.9 b |

## Retained Earnings | 1.5 b | 1.5 b | 1.5 b | 1.6 b | 1.6 b | 1.6 b | 1.4 b | 1.4 b | 1.4 b |

## Total Equity | 2.2 b | 2.3 b | 2.3 b | 2.1 b | 2.1 b | 2.1 b | 2.5 b | 2.5 b | 2.6 b |

## Financial Leverage | 2.1 x | 2 x | 2 x | 2.3 x | 2.7 x | 2.6 x | 2.9 x | 2.8 x | 2.8 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 395.3 m | 365.3 m | 323.9 m | |

## Depreciation and Amortization | 189.1 m | 278.3 m | 283.2 m | 469.2 m |

## Accounts Receivable | (13 m) | (16 m) | (2.2 m) | (46.8 m) |

## Cash From Operating Activities | 676.6 m | 721.2 m | 744.5 m | 1.1 b |

## Capital Expenditures | (113.1 m) | (149.5 m) | (97.9 m) | (75.3 m) |

## Cash From Investing Activities | (503.3 m) | (678.3 m) | 800.4 m | (2.8 b) |

## Long-term Borrowings | (350 m) | |||

## Cash From Financing Activities | (235 m) | 98.5 m | (59.9 m) | 595.5 m |

## Free Cash Flow | 789.6 m | 870.7 m | 842.4 m | 984.1 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 89.9 m | 92 m | 84.8 m | 130.5 m | 64.9 m | 61.2 m | (113.4 m) | 33.9 m | 107.2 m |

## Accounts Receivable | 286.7 m | 287.5 m | 242.6 m | 277 m | 281.1 m | 248 m | 435.5 m | 451 m | 475.1 m |

## Inventories | 264.5 m | 275.7 m | 276.1 m | 303.7 m | 363.8 m | 319.5 m | 518.4 m | 424.7 m | 419.6 m |

## Accounts Payable | 79.9 m | 94.4 m | 76.9 m | 93.7 m | 72.4 m | 69.1 m | 137.6 m | 131.6 m | 135.2 m |

USD | Y, 2017 |
---|---|

## EV/EBIT | 80.2 x |

## EV/CFO | 20.9 x |

## EV/FCF | 22.5 x |

## Revenue/Employee | 291.4 k |

## Debt/Equity | 0.9 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 2.4 x |

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

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

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