Microchip Historical Income Statement

MCHP Stock

USD 68.17 0.30 0.44%

Historical analysis of Microchip Technology income statement accounts such as Gross Profit of 5.2 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 Correlation Analysis 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 rate.

To learn how to invest in 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 EBITDA is relatively stable compared to the past year. As of 11/30/2024, Cost Of Revenue is likely to grow to about 2.8 B, while Non Operating Income Net Other is likely to drop (2.3 M).

Total Revenue Gross Profit Other Operating Expenses Operating Income Ebit

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.

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 Correlation Analysis 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 rate.

To learn how to invest in Microchip Stock, please use our How to Invest in Microchip Technology guide.At this time, Microchip Technology's EBITDA is relatively stable compared to the past year. As of 11/30/2024, Cost Of Revenue is likely to grow to about 2.8 B, while Non Operating Income Net Other is likely to drop (2.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	4.4B	5.7B	5.0B	5.2B
Total Revenue	6.8B	8.4B	7.6B	8.0B

Gross Profit Total Revenue

Microchip Technology income statement Correlations

	Depreciation And Amortization	Interest Expense	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	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Extraordinary Items	Reconciled Depreciation
Depreciation And Amortization		0.23	0.76	0.79	0.68	0.81	0.66	0.84	0.67	0.69	0.74	-0.36	0.75	0.57	0.73	0.66	0.75	-0.36	-0.6	0.07	0.59	-0.55	-0.09	0.2	0.37
Interest Expense	0.23		0.63	0.58	0.77	0.29	0.54	0.48	0.73	0.8	0.11	-0.9	0.22	-0.2	0.7	0.76	0.19	0.25	-0.35	0.31	-0.12	-0.78	-0.94	-0.03	0.85
Total Revenue	0.76	0.63		1.0	0.97	0.91	0.96	0.97	0.98	0.96	0.81	-0.55	0.86	0.54	0.99	0.97	0.84	-0.08	-0.29	0.25	0.6	-0.86	-0.41	0.0	0.61
Gross Profit	0.79	0.58	1.0		0.95	0.94	0.97	0.99	0.96	0.93	0.86	-0.49	0.89	0.58	0.98	0.95	0.88	-0.15	-0.28	0.21	0.64	-0.82	-0.36	0.01	0.59
Other Operating Expenses	0.68	0.77	0.97	0.95		0.79	0.91	0.9	0.99	0.99	0.67	-0.71	0.73	0.36	0.99	1.0	0.7	0.06	-0.37	0.33	0.43	-0.92	-0.57	0.0	0.71
Operating Income	0.81	0.29	0.91	0.94	0.79		0.94	0.97	0.82	0.76	0.98	-0.18	0.98	0.79	0.86	0.8	0.97	-0.36	-0.11	0.07	0.82	-0.62	-0.06	0.01	0.35
Ebit	0.66	0.54	0.96	0.97	0.91	0.94		0.96	0.92	0.88	0.88	-0.38	0.91	0.63	0.94	0.91	0.89	-0.14	-0.07	0.17	0.68	-0.78	-0.31	-0.08	0.53
Ebitda	0.84	0.48	0.97	0.99	0.9	0.97	0.96		0.91	0.88	0.91	-0.4	0.93	0.66	0.94	0.9	0.92	-0.23	-0.26	0.14	0.71	-0.76	-0.26	0.01	0.52
Cost Of Revenue	0.67	0.73	0.98	0.96	0.99	0.82	0.92	0.91		0.97	0.71	-0.65	0.76	0.42	0.99	0.99	0.73	0.05	-0.31	0.33	0.49	-0.9	-0.51	0.0	0.64
Total Operating Expenses	0.69	0.8	0.96	0.93	0.99	0.76	0.88	0.88	0.97		0.62	-0.75	0.69	0.3	0.98	0.99	0.66	0.07	-0.42	0.32	0.37	-0.92	-0.62	0.0	0.76
Income Before Tax	0.74	0.11	0.81	0.86	0.67	0.98	0.88	0.91	0.71	0.62		0.02	0.98	0.85	0.75	0.68	0.98	-0.41	0.03	0.01	0.87	-0.47	0.11	0.01	0.2
Total Other Income Expense Net	-0.36	-0.9	-0.55	-0.49	-0.71	-0.18	-0.38	-0.4	-0.65	-0.75	0.02		-0.07	0.24	-0.62	-0.68	-0.05	-0.32	0.69	-0.34	0.17	0.79	0.86	0.0	-0.73
Net Income	0.75	0.22	0.86	0.89	0.73	0.98	0.91	0.93	0.76	0.69	0.98	-0.07		0.73	0.81	0.74	1.0	-0.36	0.02	0.04	0.75	-0.52	-0.01	0.15	0.35
Income Tax Expense	0.57	-0.2	0.54	0.58	0.36	0.79	0.63	0.66	0.42	0.3	0.85	0.24	0.73		0.43	0.37	0.73	-0.47	0.06	-0.06	0.99	-0.25	0.42	-0.36	-0.21
Research Development	0.73	0.7	0.99	0.98	0.99	0.86	0.94	0.94	0.99	0.98	0.75	-0.62	0.81	0.43		0.99	0.79	-0.02	-0.32	0.27	0.5	-0.87	-0.49	0.05	0.69
Selling General Administrative	0.66	0.76	0.97	0.95	1.0	0.8	0.91	0.9	0.99	0.99	0.68	-0.68	0.74	0.37	0.99		0.71	0.1	-0.32	0.35	0.43	-0.92	-0.55	0.02	0.69
Net Income From Continuing Ops	0.75	0.19	0.84	0.88	0.7	0.97	0.89	0.92	0.73	0.66	0.98	-0.05	1.0	0.73	0.79	0.71		-0.37	0.03	-0.03	0.75	-0.5	0.0	0.16	0.34
Non Recurring	-0.36	0.25	-0.08	-0.15	0.06	-0.36	-0.14	-0.23	0.05	0.07	-0.41	-0.32	-0.36	-0.47	-0.02	0.1	-0.37		-0.02	0.27	-0.44	-0.32	-0.22	0.0	0.08
Non Operating Income Net Other	-0.6	-0.35	-0.29	-0.28	-0.37	-0.11	-0.07	-0.26	-0.31	-0.42	0.03	0.69	0.02	0.06	-0.32	-0.32	0.03	-0.02		-0.2	0.03	0.46	0.33	-0.05	-0.33
Discontinued Operations	0.07	0.31	0.25	0.21	0.33	0.07	0.17	0.14	0.33	0.32	0.01	-0.34	0.04	-0.06	0.27	0.35	-0.03	0.27	-0.2		-0.04	-0.24	-0.22	-0.11	0.09
Tax Provision	0.59	-0.12	0.6	0.64	0.43	0.82	0.68	0.71	0.49	0.37	0.87	0.17	0.75	0.99	0.5	0.43	0.75	-0.44	0.03	-0.04		-0.33	0.36	-0.37	-0.15
Interest Income	-0.55	-0.78	-0.86	-0.82	-0.92	-0.62	-0.78	-0.76	-0.9	-0.92	-0.47	0.79	-0.52	-0.25	-0.87	-0.92	-0.5	-0.32	0.46	-0.24	-0.33		0.58	0.12	-0.66
Net Interest Income	-0.09	-0.94	-0.41	-0.36	-0.57	-0.06	-0.31	-0.26	-0.51	-0.62	0.11	0.86	-0.01	0.42	-0.49	-0.55	0.0	-0.22	0.33	-0.22	0.36	0.58		-0.09	-0.81
Extraordinary Items	0.2	-0.03	0.0	0.01	0.0	0.01	-0.08	0.01	0.0	0.0	0.01	0.0	0.15	-0.36	0.05	0.02	0.16	0.0	-0.05	-0.11	-0.37	0.12	-0.09		0.18
Reconciled Depreciation	0.37	0.85	0.61	0.59	0.71	0.35	0.53	0.52	0.64	0.76	0.2	-0.73	0.35	-0.21	0.69	0.69	0.34	0.08	-0.33	0.09	-0.15	-0.66	-0.81	0.18

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Microchip Technology Account Relationship Matchups

Microchip Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	206.3K	1.2B	1.1B	998.4M	879.5M	923.5M
Interest Expense	497.3M	339.8M	245.5M	198.3M	228.0M	239.4M
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	1.7B	999.8M	1.9B	3.1B	2.6B	2.7B
Ebitda	1.7B	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	676.6M	610.3M	718.9M	797.7M	734.2M	770.9M
Net Income Applicable To Common Shares	570.6M	349.4M	1.3B	2.2B	2.6B	2.7B
Net Income From Continuing Ops	570.6M	349.4M	1.3B	2.2B	1.9B	2.0B
Non Recurring	46.7M	1.7M	29.5M	(4M)	(4.6M)	(4.4M)
Non Operating Income Net Other	600K	(301.7M)	(110.1M)	(2.4M)	(2.2M)	(2.3M)
Tax Provision	(420.2M)	(9.9M)	197M	672M	459M	482.0M
Interest Income	2.8M	1.7M	500K	2.1M	7.6M	11.4M
Net Interest Income	(494.5M)	(355.2M)	(256.5M)	(201.8M)	(190.7M)	(200.2M)
Reconciled Depreciation	1.2B	932.3M	862.5M	669.9M	879.5M	951.0M

Pair Trading with Microchip Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microchip Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microchip Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Microchip Stock

0.84	MX	MagnaChip Semiconductor Tech Boost	Pair Corr
0.64	ON	ON Semiconductor	Pair Corr
0.85	ADI	Analog Devices	Pair Corr

Moving against Microchip Stock

0.81	CAN	Canaan Inc Buyout Trend	Pair Corr
0.73	RMBS	Rambus Inc	Pair Corr
0.63	SITM	Sitime	Pair Corr
0.5	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

The ability to find closely correlated positions to Microchip Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microchip Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microchip Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microchip Technology to buy it.

The correlation of Microchip Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microchip Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microchip Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Microchip Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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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Microchip Historical Income Statement

About Microchip Income Statement Analysis

Microchip Technology Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Microchip Technology income statement Correlations

Microchip Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microchip Technology income statement Accounts

Pair Trading with Microchip Technology

Moving together with Microchip Stock

Moving against Microchip Stock

Additional Tools for Microchip Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Selling General Administrative	+ 1.0	Other Operating Expenses
Net Income From Continuing Ops	+ 1.0	Net Income
Research Development	+ 0.99	Total Revenue
Ebitda	+ 0.99	Gross Profit
Cost Of Revenue	+ 0.99	Other Operating Expenses

Net Interest Income	- 0.94	Interest Expense
Interest Income	- 0.92	Selling General Administrative
Interest Income	- 0.92	Total Operating Expenses
Interest Income	- 0.92	Other Operating Expenses
Interest Income	- 0.9	Cost Of Revenue
Total Other Income Expense Net	- 0.9	Interest Expense