TTM
10.4%
YoY change
+3.67pp
Trough year (1993)
6.3%
Peak year (2023)
36.9%
Latest annual
10.4%
Operating Margin history chart for Microchip Technology (MCHP) from 1993 to 2026
Latest: 10.4%
Operating Margin change chart for Microchip Technology (MCHP) from 1993 to 2026
Latest: +3.67pp
Operating Margin history table for Microchip Technology (MCHP) from 1993 to 2026
| 2026 | 10.4% | +3.67pp | ||
| 2025 | 6.7% | -26.94pp | ||
| 2024 | 33.7% | -3.25pp | ||
| 2023 | 36.9% | +9.81pp | ||
| 2022 | 27.1% | +8.76pp | ||
| 2021 | 18.4% | +6.08pp | ||
| 2020 | 12.3% | -1.08pp | ||
| 2019 | 13.4% | -10.17pp | ||
| 2018 | 23.5% | +15.43pp | ||
| 2017 | 8.1% | -8.12pp | ||
| 2016 | 16.2% | -3.61pp | ||
| 2015 | 19.8% | -3.94pp | ||
| 2014 | 23.8% | +12.47pp | ||
| 2013 | 11.3% | -17.38pp | ||
| 2012 | 28.7% | -3.22pp | ||
| 2011 | 31.9% | +6.04pp | ||
| 2010 | 25.8% | +0.02pp | ||
| 2009 | 25.8% | -3.29pp | ||
| 2008 | 29.1% | -4.33pp | ||
| 2007 | 33.5% | -1.72pp | ||
| 2006 | 35.2% | +4.63pp | ||
| 2005 | 30.5% | +6.04pp | ||
| 2004 | 24.5% | +5.44pp | ||
| 2003 | 19.1% | -2.39pp | ||
| 2002 | 21.4% | -4.01pp | ||
| 2001 | 25.4% | +10.39pp | ||
| 2000 | 15.1% | +7.29pp | ||
| 1999 | 7.8% | -15.28pp | ||
| 1998 | 23.1% | +1.79pp | ||
| 1997 | 21.3% | -3.86pp | ||
| 1996 | 25.1% | +1.36pp | ||
| 1995 | 23.8% | +6.37pp | ||
| 1994 | 17.4% | +11.06pp | ||
| 1993 | 6.3% | — |
- 202610.4%+3.67pp
- 20256.7%-26.94pp
- 202433.7%-3.25pp
- 202336.9%+9.81pp
- 202227.1%+8.76pp
- 202118.4%+6.08pp
- 202012.3%-1.08pp
- 201913.4%-10.17pp
- 201823.5%+15.43pp
- 20178.1%-8.12pp
- 201616.2%-3.61pp
- 201519.8%-3.94pp
- 201423.8%+12.47pp
- 201311.3%-17.38pp
- 201228.7%-3.22pp
- 201131.9%+6.04pp
- 201025.8%+0.02pp
- 200925.8%-3.29pp
- 200829.1%-4.33pp
- 200733.5%-1.72pp
- 200635.2%+4.63pp
- 200530.5%+6.04pp
- 200424.5%+5.44pp
- 200319.1%-2.39pp
- 200221.4%-4.01pp
- 200125.4%+10.39pp
- 200015.1%+7.29pp
- 19997.8%-15.28pp
- 199823.1%+1.79pp
- 199721.3%-3.86pp
- 199625.1%+1.36pp
- 199523.8%+6.37pp
- 199417.4%+11.06pp
- 19936.3%—
Operating Margin values are taken from Microchip Technology's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Microchip Technology (MCHP)
According to Microchip Technology's latest reported financial statements, the company's latest reported operating margin is 10.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, Microchip Technology (MCHP) operating margin totalled 10.40% – expanded 3.7 percentage points year-over-year.
36.93% stands as the all-time-high annual operating margin, posted in 2023, against a low of 6.31% during 1993.
Microchip Technology Operating Margin by Year
Microchip Technology Operating Margin 2026: 10.4%
Microchip Technology operating margin in 2026 was 10.40%, expanded 3.7 percentage points from 2025.
Microchip Technology Operating Margin 2025: 6.7%
2025's operating margin for Microchip Technology came in at 6.73%, contracted 26.9 percentage points from 2024.
Microchip Technology Operating Margin 2024: 33.7%
Microchip Technology posted operating margin of 33.68% in 2024, contracted 3.2 percentage points from 2023.
Microchip Technology Operating Margin 2023: 36.9%
In 2023, Microchip Technology reported operating margin of 36.93%, expanded 9.8 percentage points from 2022. This figure represents the highest annual value in the available history.
Microchip Technology Operating Margin 2022: 27.1%
Microchip Technology operating margin in 2022 was 27.12%.
See more financial history for Microchip Technology (MCHP).
Sector peers by Operating Margin
Technology peers of Microchip Technology (MCHP), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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Microchip Technology (MCHP) Key Financials
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