Microchip Technology Inc (MCHP) - Net Assets
Based on the latest financial reports, Microchip Technology Inc (MCHP) has net assets worth $6.44 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.37 Billion) and total liabilities ($7.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MCHP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.44 Billion |
| % of Total Assets | 44.8% |
| Annual Growth Rate | 16.33% |
| 5-Year Change | 9.22% |
| 10-Year Change | 96.85% |
| Growth Volatility | 29.93 |
Microchip Technology Inc - Net Assets Trend (1993–2026)
This chart illustrates how Microchip Technology Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Microchip Technology Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Microchip Technology Inc (1993–2026)
The table below shows the annual net assets of Microchip Technology Inc from 1993 to 2026. For live valuation and market cap data, see MCHP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $6.44 Billion | -9.04% |
| 2025-03-31 | $7.08 Billion | +6.32% |
| 2024-03-31 | $6.66 Billion | +2.21% |
| 2023-03-31 | $6.51 Billion | +10.50% |
| 2022-03-31 | $5.89 Billion | +10.45% |
| 2021-03-31 | $5.34 Billion | -4.45% |
| 2020-03-31 | $5.59 Billion | +5.64% |
| 2019-03-31 | $5.29 Billion | +61.21% |
| 2018-03-31 | $3.28 Billion | +0.28% |
| 2017-03-31 | $3.27 Billion | +52.06% |
| 2016-03-31 | $2.15 Billion | +4.36% |
| 2015-03-31 | $2.06 Billion | -3.49% |
| 2014-03-31 | $2.14 Billion | +10.45% |
| 2013-03-31 | $1.93 Billion | -2.87% |
| 2012-03-31 | $1.99 Billion | +9.83% |
| 2011-03-31 | $1.81 Billion | +18.20% |
| 2010-03-31 | $1.53 Billion | +54.77% |
| 2009-03-31 | $990.77 Million | -4.39% |
| 2008-03-31 | $1.04 Billion | -48.30% |
| 2007-03-31 | $2.00 Billion | +16.12% |
| 2006-03-31 | $1.73 Billion | +16.18% |
| 2005-03-31 | $1.49 Billion | +12.51% |
| 2004-03-31 | $1.32 Billion | +12.01% |
| 2003-03-31 | $1.18 Billion | +9.59% |
| 2002-03-31 | $1.08 Billion | +14.10% |
| 2001-03-31 | $942.85 Million | +51.03% |
| 2000-03-31 | $624.30 Million | +74.00% |
| 1999-03-31 | $358.80 Million | -2.32% |
| 1998-03-31 | $367.31 Million | +16.02% |
| 1997-03-31 | $316.58 Million | +44.16% |
| 1996-03-31 | $219.60 Million | +35.72% |
| 1995-03-31 | $161.80 Million | +84.07% |
| 1994-03-31 | $87.90 Million | +100.68% |
| 1993-03-31 | $43.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microchip Technology Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 491640000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.92 Billion | 76.42% |
| Common Stock | $600.00K | 0.01% |
| Other Comprehensive Income | $-4.20 Million | -0.07% |
| Other Components | $1.52 Billion | 23.63% |
| Total Equity | $6.43 Billion | 100.00% |
Microchip Technology Inc Competitors by Market Cap
The table below lists competitors of Microchip Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Danone SA
PA:BN
|
$49.54 Billion |
|
UCB SA
BR:UCB
|
$49.68 Billion |
|
Edwards Lifesciences Corp
NYSE:EW
|
$49.91 Billion |
|
NATWEST GROUP SP.ADR/2
F:RYS
|
$50.04 Billion |
|
Nu Holdings Ltd
NYSE:NU
|
$49.47 Billion |
|
Ambev S.A.
SA:ABEV3
|
$49.47 Billion |
|
Société Générale Société anonyme
F:SGE1
|
$49.28 Billion |
|
Samsung Electro-Mechanics
KO:009150
|
$49.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microchip Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 7,078,300,000 to 6,432,400,000, a change of -645,900,000 (-9.1%).
- Net income of 202,200,000 contributed positively to equity growth.
- Dividend payments of 1,092,500,000 reduced retained earnings.
- Share repurchases of 182,100,000 reduced equity.
- New share issuances of 61,700,000 increased equity.
- Other comprehensive income decreased equity by 2,500,000.
- Other factors increased equity by 367,300,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $202.20 Million | +3.14% |
| Dividends Paid | $1.09 Billion | -16.98% |
| Share Repurchases | $182.10 Million | -2.83% |
| Share Issuances | $61.70 Million | +0.96% |
| Other Comprehensive Income | $-2.50 Million | -0.04% |
| Other Changes | $367.30 Million | +5.71% |
| Total Change | $- | -9.13% |
Book Value vs Market Value Analysis
This analysis compares Microchip Technology Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 450.99x to 8.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-03-31 | $0.21 | $94.11 | x |
| 1994-03-31 | $0.29 | $94.11 | x |
| 1995-03-31 | $0.46 | $94.11 | x |
| 1996-03-31 | $0.59 | $94.11 | x |
| 1997-03-31 | $0.86 | $94.11 | x |
| 1998-03-31 | $0.91 | $94.11 | x |
| 1999-03-31 | $0.93 | $94.11 | x |
| 2000-03-31 | $1.60 | $94.11 | x |
| 2001-03-31 | $2.30 | $94.11 | x |
| 2002-03-31 | $2.57 | $94.11 | x |
| 2003-03-31 | $2.80 | $94.11 | x |
| 2004-03-31 | $3.11 | $94.11 | x |
| 2005-03-31 | $3.50 | $94.11 | x |
| 2006-03-31 | $4.01 | $94.11 | x |
| 2007-03-31 | $4.54 | $94.11 | x |
| 2008-03-31 | $2.44 | $94.11 | x |
| 2009-03-31 | $2.65 | $94.11 | x |
| 2010-03-31 | $4.09 | $94.11 | x |
| 2011-03-31 | $4.65 | $94.11 | x |
| 2012-03-31 | $4.89 | $94.11 | x |
| 2013-03-31 | $4.70 | $94.11 | x |
| 2014-03-31 | $4.91 | $94.11 | x |
| 2015-03-31 | $4.61 | $94.11 | x |
| 2016-03-31 | $4.95 | $94.11 | x |
| 2017-03-31 | $6.96 | $94.11 | x |
| 2018-03-31 | $6.59 | $94.11 | x |
| 2019-03-31 | $10.58 | $94.11 | x |
| 2020-03-31 | $10.90 | $94.11 | x |
| 2021-03-31 | $9.86 | $94.11 | x |
| 2022-03-31 | $10.42 | $94.11 | x |
| 2023-03-31 | $11.69 | $94.11 | x |
| 2024-03-31 | $12.15 | $94.11 | x |
| 2025-03-31 | $13.17 | $94.11 | x |
| 2026-03-31 | $11.74 | $94.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microchip Technology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.29%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.23x
- Recent ROE (3.14%) is below the historical average (15.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 9.59% | 4.74% | 1.15x | 1.76x | $-180.00K |
| 1994 | 21.84% | 13.84% | 0.92x | 1.72x | $10.41 Million |
| 1995 | 22.44% | 17.45% | 0.83x | 1.54x | $20.12 Million |
| 1996 | 19.95% | 15.32% | 0.80x | 1.63x | $21.84 Million |
| 1997 | 16.15% | 15.30% | 0.78x | 1.35x | $19.47 Million |
| 1998 | 17.52% | 16.22% | 0.76x | 1.43x | $27.64 Million |
| 1999 | 12.97% | 11.45% | 0.80x | 1.41x | $10.66 Million |
| 2000 | 18.45% | 23.23% | 0.61x | 1.30x | $52.74 Million |
| 2001 | 15.15% | 19.96% | 0.62x | 1.23x | $48.55 Million |
| 2002 | 8.81% | 16.60% | 0.45x | 1.19x | $-12.76 Million |
| 2003 | 7.48% | 13.54% | 0.46x | 1.21x | $-29.66 Million |
| 2004 | 10.39% | 19.63% | 0.43x | 1.23x | $5.21 Million |
| 2005 | 14.39% | 25.24% | 0.47x | 1.22x | $65.21 Million |
| 2006 | 14.04% | 26.12% | 0.39x | 1.36x | $69.75 Million |
| 2007 | 17.81% | 34.34% | 0.46x | 1.13x | $156.59 Million |
| 2008 | 28.73% | 28.75% | 0.41x | 2.42x | $194.13 Million |
| 2009 | 24.79% | 27.19% | 0.37x | 2.44x | $146.51 Million |
| 2010 | 14.15% | 22.90% | 0.38x | 1.64x | $63.67 Million |
| 2011 | 23.12% | 28.17% | 0.50x | 1.65x | $237.71 Million |
| 2012 | 16.91% | 24.34% | 0.45x | 1.55x | $137.64 Million |
| 2013 | 6.59% | 8.05% | 0.40x | 2.03x | $-65.96 Million |
| 2014 | 18.51% | 20.47% | 0.47x | 1.90x | $181.73 Million |
| 2015 | 17.90% | 17.19% | 0.45x | 2.32x | $162.91 Million |
| 2016 | 15.07% | 14.91% | 0.39x | 2.59x | $109.04 Million |
| 2017 | 5.03% | 4.83% | 0.44x | 2.35x | $-162.43 Million |
| 2018 | 7.79% | 6.42% | 0.48x | 2.52x | $-72.58 Million |
| 2019 | 6.73% | 6.65% | 0.29x | 3.47x | $-172.85 Million |
| 2020 | 10.22% | 10.82% | 0.30x | 3.12x | $12.05 Million |
| 2021 | 6.55% | 6.42% | 0.33x | 3.09x | $-184.31 Million |
| 2022 | 21.81% | 18.85% | 0.42x | 2.75x | $696.02 Million |
| 2023 | 34.35% | 26.52% | 0.52x | 2.51x | $1.59 Billion |
| 2024 | 28.64% | 24.98% | 0.48x | 2.38x | $1.24 Billion |
| 2025 | -0.01% | -0.01% | 0.29x | 2.17x | $-708.33 Million |
| 2026 | 3.14% | 4.29% | 0.33x | 2.23x | $-441.04 Million |
Industry Comparison
This section compares Microchip Technology Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $8,703,311,242
- Average return on equity (ROE) among peers: -31.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microchip Technology Inc (MCHP) | $6.44 Billion | 9.59% | 1.23x | $49.53 Billion |
| Analog Devices Inc (ADI) | $363.40 Million | 7.68% | 0.25x | $202.34 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $586.87 Million | 3.06% | 0.27x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $440.58 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $77.11 Billion | 23.11% | 0.78x | $51.18 Billion |
About Microchip Technology Inc
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates through two segments, Semiconductor Products and Technology Licensing. The company offers general purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors; … Read more