CSIMarket
 


Microchip Technology Incorporated  (MCHP)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

MCHP's Net Income Growth by Quarter and Year

Microchip Technology Incorporated's Net Income results by quarter and year




MCHP Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter March - 437.90 116.00 99.90
III Quarter December 580.30 352.80 36.20 311.10
II Quarter September 546.20 242.00 73.60 108.90
I Quarter June 507.20 252.80 123.60 50.70
FY   1,633.70 1,285.50 349.40 570.60



MCHP Net Income third quarter 2023 Y/Y Growth Comment
Microchip Technology Incorporated achieved in the third quarter 2023, above Company average Net Income rise of 64.48% year on year, to $ 580.30 millions.

Looking into third quarter 2023 results within Semiconductors industry 3 other companies have achieved higher Net Income growth. While Microchip Technology Incorporated' s Net Income jump of 64.48% ranks overall at the positon no. 27 in the third quarter 2023.




MCHP Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter March - 277.5 % 16.12 % -42.82 %
III Quarter December 64.48 % 874.59 % -88.36 % 532.32 %
II Quarter September 125.7 % 228.8 % -32.42 % 13.08 %
I Quarter June 100.63 % 104.53 % 143.79 % 42.02 %
FY   - 267.92 % -38.77 % 60.33 %

Financial Statements
Microchip Technology Incorporated's third quarter 2023 Net Income $ 580.30 millions MCHP's Income Statement
Microchip Technology Incorporated's third quarter 2022 Net Income $ 352.80 millions Quarterly MCHP's Income Statement
New: More MCHP's historic Net Income Growth >>


MCHP Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter March - 24.12 % 220.44 % -67.89 %
III Quarter December 6.24 % 45.79 % -50.82 % 185.67 %
II Quarter September 7.69 % -4.27 % -40.45 % 114.79 %
I Quarter June 15.83 % 117.93 % 23.72 % -70.98 %
FY (Year on Year)   - 267.92 % -38.77 % 60.33 %




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry #4
Technology Sector #8
Overall #27

Net Income Y/Y Growth Statistics
High Average Low
1085.75 % 24.04 % -77.05 %
(Dec 31 2018)   (Sep 30 2018)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry #4
Technology Sector #8
Overall #27
Net Income Y/Y Growth Statistics
High Average Low
1085.75 % 24.04 % -77.05 %
(Dec 31 2018)   (Sep 30 2018)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Microchip Technology Incorporated's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
486.75 % 29.53 % -75.66 %
(March 31, 2013)  


MCHP's III. Quarter Q/Q Net Income Comment
Microchip Technology Incorporated achieved in the III. Quarter 2023 below company average Net Income increase of 6.24% quarter on quarter, to $ 580.30 millions.

Within Semiconductors industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Microchip Technology Incorporated's Net Income growth quarter on quarter, overall rank is 57.


Net Income Q/Q Growth Company Ranking
Within: No.
Semiconductors Industry #4
Technology Sector #15
Overall #57
Net Income Q/Q Growth Company Ranking
Within: No.
Semiconductors Industry #4
Technology Sector #15
Overall #57
Net Income Q/Q Growth Statistics
High Average Low
486.75 % 29.53 % -75.66 %
(March 31, 2013)  


MCHP's III. Quarter Q/Q Net Income Comment
Microchip Technology Incorporated achieved in the III. Quarter 2023 below company average Net Income increase of 6.24% quarter on quarter, to $ 580.30 millions.

Within Semiconductors industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Microchip Technology Incorporated's Net Income growth quarter on quarter, overall rank is 57.


Microchip Technology Incorporated's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
12 Months Ending
(Mar 31 2022)
12 Months Ending
(Dec 31 2021)
Cumulative Net Income 12 Months Ending $ 2,071.60 $ 1,844.10 $ 1,539.90 $ 1,285.50 $ 963.60
Y / Y Net Income Growth (TTM) 114.99 % 185.02 % 221.75 % 267.92 % 189.11 %
Year on Year Net Income Growth Overall Ranking # 45 # 311 # 1686 # 418 # 225
Seqeuential Net Income Change (TTM) 12.34 % 19.75 % 19.79 % 33.41 % 48.93 %
Seq. Net Income Growth (TTM) Overall Ranking # 27 # 989 # 168 # 1314 # 1878




Cumulative Net Income growth Comment
Assuming the Microchip Technology Incorporated's fiscal year would have ended in Dec 31 2022, Microchip Technology Incorporated would have reprted above average annual Net Income surge of 114.99% year on year, of $ 2,072 millions.
This marks a slow-down of the companys growth trends and from the 185.02% surge in Sep 30 2022.

Among companies within the Technology sector 9 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 45, from total ranking in previous quarter at 311.

Net Income TTM Q/Q Growth Statistics
High Average Low
1085.75 %
24.04 %
-77.05 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry # 4
Technology Sector # 10
Overall # 45

Net Income TTM Y/Y Growth Statistics
High Average Low
1129.24 %
54.44 %
-95.42 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 8
S&P 500 # 27
Cumulative Net Income growth Comment
Assuming the Microchip Technology Incorporated's fiscal year would have ended in Dec 31 2022, Microchip Technology Incorporated would have reprted above average annual Net Income surge of 114.99% year on year, of $ 2,072 millions.
This marks a slow-down of the companys growth trends and from the 185.02% surge in Sep 30 2022.

Among companies within the Technology sector 9 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 45, from total ranking in previous quarter at 311.

Net Income TTM Q/Q Growth Statistics
High Average Low
1085.75 %
24.04 %
-77.05 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry # 4
Technology Sector # 10
Overall # 45

Net Income TTM Y/Y Growth Statistics
High Average Low
1129.24 %
54.44 %
-95.42 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 8
S&P 500 # 27




Other Net Income Growth
Semiconductors Industry Net Income Growth Trends and Statistics
Technology Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
MCHP's Net Income Growth Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for MCHP's Competitors
Net Income Growth for Microchip Technology Incorporated's Suppliers
Net Income Growth for MCHP's Customers

You may also want to know
MCHP's Annual Growth Rates MCHP's Profitability Ratios MCHP's Asset Turnover Ratio MCHP's Dividend Growth
MCHP's Roe MCHP's Valuation Ratios MCHP's Financial Strength Ratios MCHP's Dividend Payout Ratio
MCHP's Roa MCHP's Inventory Turnover Ratio MCHP's Growth Rates MCHP's Dividend Comparisons



Companies with similar Net Income surge for the quarter ending Dec 31 2022 within Technology SectorY/Y Change %Net Income for the quarter ending Dec 31 2022
Kimball Electronics Inc 109.66%$ 109.662 millions
Alarm com Holdings Inc 101.22%$ 101.222 millions
Varex Imaging Corporation100.00%$ 100.000 millions
Vishay Intertechnology Inc 98.75%$ 98.748 millions
Stmicroelectronics N v 97.71%$ 97.707 millions
Maxlinear Inc 96.65%$ 96.650 millions
Allegro Microsystems Inc 95.77%$ 95.769 millions
Endava Plc91.28%$ 91.278 millions
Chindata Group Holdings Limited90.27%$ 90.275 millions
Manhattan Associates Inc 83.99%$ 83.986 millions
Silicom Ltd 73.66%$ 73.665 millions
Tower Semiconductor Ltd 72.95%$ 72.949 millions
Benchmark Electronics Inc 70.86%$ 70.859 millions
Avid Technology Inc 66.01%$ 66.009 millions
Microchip Technology Incorporated64.48%$ 64.484 millions
Paycom Software Inc 64.21%$ 64.214 millions
Monolithic Power Systems Inc63.88%$ 63.876 millions
Cts Corporation63.01%$ 63.011 millions
Ptc Inc 62.80%$ 62.805 millions
Rockwell Automation Inc 58.52%$ 58.518 millions
Paylocity Holding Corporation58.33%$ 58.327 millions
Fortinet Inc 57.85%$ 57.847 millions
Globant s a 55.13%$ 55.134 millions
Mitek Systems Inc 51.41%$ 51.408 millions
Taiwan Semiconductor Manufacturing Company Limited51.24%$ 51.236 millions
Nova Ltd 50.60%$ 50.603 millions
Nextgen Healthcare Inc 50.49%$ 50.491 millions
Electro Sensors Inc49.72%$ 49.724 millions
Vishay Precision Group Inc 47.65%$ 47.645 millions
Trimas Corporation46.96%$ 46.958 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com