Microchip Historical Income Statement

0K19 Stock

68.17 0.13 0.19%

Historical analysis of Microchip Technology income statement accounts such as Total Revenue of 8 B, Gross Profit of 5.2 B or Other Operating Expenses of 5.3 B can show how well Microchip Technology performed in making a profits. Evaluating Microchip Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Microchip Technology's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Microchip Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Microchip Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Microchip Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Microchip Stock please use our How to Invest in Microchip Technology guide.

About Microchip Income Statement Analysis

Microchip Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Microchip Technology shareholders. The income statement also shows Microchip investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Microchip Technology Income Statement Chart

At this time, Microchip Technology's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 2.5 B in 2024, whereas Interest Expense is likely to drop slightly above 142.5 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income Cost Of Revenue Tax Provision

Total Revenue

Total revenue comprises all receipts Microchip Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Microchip Technology minus its cost of goods sold. It is profit before Microchip Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Microchip Technology. It is also known as Microchip Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Microchip Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Microchip Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Microchip Technology income statement and represents the costs associated with goods and services Microchip Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Microchip Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Microchip Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Microchip Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Microchip Stock please use our How to Invest in Microchip Technology guide.At this time, Microchip Technology's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 2.5 B in 2024, whereas Interest Expense is likely to drop slightly above 142.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	6.8B	8.4B	7.6B	8.0B
Depreciation And Amortization	1.1B	998.4M	879.5M	923.5M

Total Revenue Depreciation And Amortization

Microchip Technology income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling General Administrative	Interest Expense	Tax Provision	Interest Income	Extraordinary Items
Depreciation And Amortization		0.88	0.86	0.95	0.65	0.64	0.82	0.9	0.98	0.49	-0.85	0.57	0.18	0.92	0.93	0.82	-0.13	0.88	-0.03
Total Revenue	0.88		1.0	0.97	0.91	0.9	0.98	0.98	0.96	0.81	-0.57	0.86	0.54	0.99	0.93	0.57	0.16	0.8	0.0
Gross Profit	0.86	1.0		0.95	0.94	0.94	0.99	0.96	0.93	0.86	-0.52	0.89	0.58	0.98	0.89	0.52	0.19	0.77	0.01
Other Operating Expenses	0.95	0.97	0.95		0.79	0.79	0.91	0.99	0.99	0.67	-0.72	0.73	0.36	0.99	0.98	0.72	0.02	0.86	0.0
Operating Income	0.65	0.91	0.94	0.79		1.0	0.97	0.82	0.76	0.98	-0.23	0.98	0.79	0.86	0.7	0.22	0.4	0.57	0.01
Ebit	0.64	0.9	0.94	0.79	1.0		0.97	0.82	0.75	0.98	-0.22	0.98	0.78	0.85	0.69	0.21	0.4	0.56	0.02
Ebitda	0.82	0.98	0.99	0.91	0.97	0.97		0.92	0.89	0.9	-0.45	0.93	0.65	0.95	0.83	0.44	0.25	0.72	0.0
Cost Of Revenue	0.9	0.98	0.96	0.99	0.82	0.82	0.92		0.97	0.71	-0.66	0.76	0.42	0.99	0.97	0.67	0.09	0.83	0.0
Total Operating Expenses	0.98	0.96	0.93	0.99	0.76	0.75	0.89	0.97		0.62	-0.77	0.69	0.3	0.98	0.97	0.76	-0.04	0.88	0.0
Income Before Tax	0.49	0.81	0.86	0.67	0.98	0.98	0.9	0.71	0.62		-0.03	0.98	0.85	0.75	0.56	0.04	0.47	0.42	0.01
Total Other Income Expense Net	-0.85	-0.57	-0.52	-0.72	-0.23	-0.22	-0.45	-0.66	-0.77	-0.03		-0.12	0.21	-0.64	-0.75	-0.91	0.28	-0.8	0.0
Net Income	0.57	0.86	0.89	0.73	0.98	0.98	0.93	0.76	0.69	0.98	-0.12		0.73	0.81	0.64	0.15	0.33	0.53	0.15
Income Tax Expense	0.18	0.54	0.58	0.36	0.79	0.78	0.65	0.42	0.3	0.85	0.21	0.73		0.43	0.25	-0.25	0.73	0.03	-0.36
Research Development	0.92	0.99	0.98	0.99	0.86	0.85	0.95	0.99	0.98	0.75	-0.64	0.81	0.43		0.96	0.64	0.07	0.84	0.05
Selling General Administrative	0.93	0.93	0.89	0.98	0.7	0.69	0.83	0.97	0.97	0.56	-0.75	0.64	0.25	0.96		0.77	-0.07	0.87	-0.01
Interest Expense	0.82	0.57	0.52	0.72	0.22	0.21	0.44	0.67	0.76	0.04	-0.91	0.15	-0.25	0.64	0.77		-0.51	0.88	-0.04
Tax Provision	-0.13	0.16	0.19	0.02	0.4	0.4	0.25	0.09	-0.04	0.47	0.28	0.33	0.73	0.07	-0.07	-0.51		-0.32	-0.12
Interest Income	0.88	0.8	0.77	0.86	0.57	0.56	0.72	0.83	0.88	0.42	-0.8	0.53	0.03	0.84	0.87	0.88	-0.32		0.15
Extraordinary Items	-0.03	0.0	0.01	0.0	0.01	0.02	0.0	0.0	0.0	0.01	0.0	0.15	-0.36	0.05	-0.01	-0.04	-0.12	0.15

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Microchip Technology Account Relationship Matchups

Microchip Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.2B	1.2B	1.1B	998.4M	879.5M	923.5M
Total Revenue	5.3B	5.4B	6.8B	8.4B	7.6B	8.0B
Gross Profit	3.2B	3.4B	4.4B	5.7B	5.0B	5.2B
Other Operating Expenses	4.6B	4.4B	4.9B	5.3B	5.1B	5.3B
Operating Income	647.1M	998.1M	1.8B	3.1B	2.6B	2.7B
Ebit	693.8M	999.8M	1.9B	3.1B	2.6B	2.7B
Ebitda	1.9B	2.2B	3.0B	4.1B	3.4B	3.6B
Cost Of Revenue	2.0B	2.1B	2.4B	2.7B	2.6B	2.8B
Total Operating Expenses	2.5B	2.4B	2.6B	2.6B	2.4B	2.5B
Income Before Tax	150.4M	339.5M	1.5B	2.9B	2.4B	2.5B
Total Other Income Expense Net	(496.7M)	(658.6M)	(367.1M)	(206.3M)	(205.1M)	(194.8M)
Net Income	570.6M	349.4M	1.3B	2.2B	1.9B	2.0B
Income Tax Expense	(420.2M)	(9.9M)	197M	672M	459M	482.0M
Research Development	877.8M	836.4M	989.1M	1.1B	1.1B	1.2B
Selling General Administrative	452.1M	682.9M	676.6M	610.3M	701.8M	736.9M
Interest Expense	497.3M	339.8M	245.5M	198.3M	228.0M	142.5M
Tax Provision	(35.1M)	(164.5M)	(420.2M)	(9.9M)	(8.9M)	(9.4M)
Interest Income	177.2M	495M	494.5M	355.2M	408.5M	366.4M
Net Income Applicable To Common Shares	355.9M	570.6M	349.4M	1.3B	1.5B	1.6B

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Additional Tools for Microchip Stock Analysis

When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.

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