Microchip Technology
MCHP
$83.32
Share price
-1.06%
Change (1 day)
3.16%
Change (1 year)
Categories
Operating Margin for Microchip Technology (MCHP)
Operating Margin as of April 2024 (TTM): 35.50%
According to Microchip Technology's latest financial reports and stock price the company's current Operating Margin is 35.50%. At the end of 2023 the company had an Operating Margin of 36.88%.
Operating Margin history for Microchip Technology from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 36.88% | 33.86% |
| 2022 | 27.55% | 49.85% |
| 2021 | 18.38% | 39.75% |
| 2020 | 13.15% | -5.92% |
| 2019 | 13.98% | -41.64% |
| 2018 | 23.96% | 118.07% |
| 2017 | 10.99% | -32.98% |
| 2016 | 16.39% | -17.85% |
| 2015 | 19.96% | -16.56% |
| 2014 | 23.92% | 79.51% |
| 2013 | 13.32% | -53.62% |
| 2012 | 28.73% | -10.25% |
| 2011 | 32.01% | 23.22% |
| 2010 | 25.98% | -10.27% |
| 2009 | 28.95% | -8.7% |
| 2008 | 31.71% | -5.21% |
| 2007 | 33.45% | -4.89% |
| 2006 | 35.17% | 15.17% |
| 2005 | 30.54% | 24.67% |
| 2004 | 24.50% | 28.58% |
| 2003 | 19.05% | -11.13% |
| 2002 | 21.44% | -15.75% |
| 2001 | 25.45% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Texas Instruments TXN | 50.08% | 41.07% | 🇺🇸 USA |
 Analog Devices ADI | 25.79% | -27.35% | 🇺🇸 USA |
 Maxim Integrated
MXIM | 36.67% | 3.31% | 🇺🇸 USA |
 Silicon Labs
SLAB | 10.40% | -70.70% | 🇺🇸 USA |
 STMicroelectronics STM | 30.04% | -15.38% | 🇨🇭 Switzerland |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.