Microchip Technology
Microchip Technology returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Invested capital did not increase versus the prior year. ROIIC requires a positive increase.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q1 | Jun 30, 2026 | 5.64% | 5.91% | — | 5.52% | 3.26% | -5 pp |
| FY 2026 Q4 | Mar 31, 2026 | 3.49% | 3.57% | — | 1.76% | 1.55% | -7.1 pp |
| FY 2026 Q3 | Dec 31, 2025 | — | 1.25% | — | -2.45% | -0.46% | — |
| FY 2026 Q2 | Sep 30, 2025 | — | 0.4% | — | -3.75% | -1.23% | — |
| FY 2026 Q1 | Jun 30, 2025 | — | 0.78% | — | -2.69% | -0.96% | — |
| FY 2025 Q4 | Mar 31, 2025 | — | 2.15% | — | -0.04% | -0% | — |
| FY 2025 Q3 | Dec 31, 2024 | 4% | 4.79% | — | 4.71% | 1.94% | -6.6 pp |
| FY 2025 Q2 | Sep 30, 2024 | 7.6% | 9% | — | 11.8% | 4.85% | -3 pp |
| FY 2025 Q1 | Jun 30, 2024 | 12.39% | 13.68% | — | 20.7% | 8.47% | 1.8 pp |
| FY 2024 Q4 | Mar 31, 2024 | 16.54% | 19.33% | — | 28.96% | 11.83% | 5.9 pp |
| FY 2024 Q3 | Dec 31, 2023 | 20.02% | 23.14% | — | 35.19% | 14.61% | 9.4 pp |
| FY 2024 Q2 | Sep 30, 2023 | 20.66% | 25.74% | — | 38.52% | 15.38% | 10.1 pp |
| FY 2024 Q1 | Jun 30, 2023 | 19.85% | 23.7% | — | 37.42% | 14.66% | 9.2 pp |
| FY 2023 Q4 | Mar 31, 2023 | 18.44% | 22.22% | — | 36.07% | 13.74% | 7.8 pp |
| FY 2023 Q3 | Dec 31, 2022 | 17.37% | 19.21% | — | 34.2% | 12.88% | 6.8 pp |
| FY 2023 Q2 | Sep 30, 2022 | 15.33% | 17.57% | — | 31.24% | 11.4% | 4.7 pp |
| FY 2023 Q1 | Jun 30, 2022 | 13.62% | 14.59% | — | 26.79% | 9.48% | 3 pp |
| FY 2022 Q4 | Mar 31, 2022 | 11.78% | 12.81% | — | 22.89% | 7.87% | 1.2 pp |
| FY 2022 Q3 | Dec 31, 2021 | 9.85% | 11.14% | — | 17.36% | 5.91% | -0.8 pp |
| FY 2022 Q2 | Sep 30, 2021 | 8.59% | 8.96% | — | 11.61% | 3.92% | -2 pp |
| FY 2022 Q1 | Jun 30, 2021 | 7.12% | 7.75% | — | 8.69% | 2.87% | -3.5 pp |
| FY 2021 Q4 | Mar 31, 2021 | — | 6.69% | — | 6.4% | 2.06% | — |
| FY 2021 Q3 | Dec 31, 2020 | — | 5.81% | — | 6.11% | 1.95% | — |
| FY 2021 Q2 | Sep 30, 2020 | — | 4.87% | — | 11.26% | 3.51% | — |
| FY 2021 Q1 | Jun 30, 2020 | — | 4.59% | — | 11.93% | 3.65% | — |
| FY 2020 Q4 | Mar 31, 2020 | — | 4.07% | — | 10.5% | 3.19% | — |
| FY 2020 Q3 | Dec 31, 2019 | — | 4.71% | — | 11.98% | 3.61% | — |
| FY 2020 Q2 | Sep 30, 2019 | — | 5.21% | — | 7.28% | 2.1% | — |
| FY 2020 Q1 | Jun 30, 2019 | — | 4.58% | — | 7.12% | 1.98% | — |
| FY 2019 Q4 | Mar 31, 2019 | — | 6.43% | — | 8.31% | 2.68% | — |
| FY 2019 Q3 | Dec 31, 2018 | — | 5.42% | — | 7.86% | 2.5% | — |
| FY 2019 Q2 | Sep 30, 2018 | 0.49% | 6.06% | — | 0.63% | 0.21% | -10.1 pp |
| FY 2019 Q1 | Jun 30, 2018 | 1.56% | 6.98% | — | 2.82% | 0.89% | -9 pp |
| FY 2018 Q4 | Mar 31, 2018 | 6.03% | 14.16% | — | 15.64% | 3.2% | -4.6 pp |
| FY 2018 Q3 | Dec 31, 2017 | — | 12.21% | — | 8.54% | 3.22% | — |
| FY 2018 Q2 | Sep 30, 2017 | — | 10.41% | — | 19.91% | 7.98% | — |
| FY 2018 Q1 | Jun 30, 2017 | — | 7.99% | — | 15.09% | 5.88% | — |
| FY 2017 Q4 | Mar 31, 2017 | — | 4.53% | — | 15.41% | 2.48% | — |
| FY 2017 Q3 | Dec 31, 2016 | — | 3.48% | — | 4.05% | 1.51% | — |
| FY 2017 Q2 | Sep 30, 2016 | — | 2.68% | — | 2.11% | 0.76% | — |
| FY 2017 Q1 | Jun 30, 2016 | — | 3.05% | — | 3.46% | 1.31% | — |
| FY 2016 Q4 | Mar 31, 2016 | — | 7.33% | — | 15.45% | 6.26% | — |
| FY 2016 Q3 | Dec 31, 2015 | — | 8.16% | — | 16.25% | 7.07% | — |
| FY 2016 Q2 | Sep 30, 2015 | — | 8.39% | — | 17.59% | 7.33% | — |
| FY 2016 Q1 | Jun 30, 2015 | — | 9.99% | — | 19.2% | 8.76% | — |
| FY 2015 Q4 | Mar 31, 2015 | — | 10.43% | — | 17.66% | 8.34% | — |
| FY 2015 Q3 | Dec 31, 2014 | — | 11.08% | — | 17.6% | 8.83% | — |
| FY 2015 Q2 | Sep 30, 2014 | — | 11.72% | — | 18.97% | 9.34% | — |
| FY 2015 Q1 | Jun 30, 2014 | — | 12.42% | — | 19.72% | 9.7% | — |
| FY 2014 Q4 | Mar 31, 2014 | — | 12.67% | — | 19.43% | 9.98% | — |
| FY 2014 Q3 | Dec 31, 2013 | — | 10.77% | — | 17.16% | 8.75% | — |
| FY 2014 Q2 | Sep 30, 2013 | — | 8.07% | — | 12.47% | 6.32% | — |
| FY 2014 Q1 | Jun 30, 2013 | — | 5.62% | — | 6.41% | 3.62% | — |
| FY 2013 Q4 | Mar 31, 2013 | — | 5.63% | — | 6.49% | 3.67% | — |
| FY 2013 Q3 | Dec 31, 2012 | — | 6.83% | — | 7.67% | 4.32% | — |
| FY 2013 Q2 | Sep 30, 2012 | — | 9.09% | — | 11.15% | 6.23% | — |
| FY 2013 Q1 | Jun 30, 2012 | — | 13.44% | — | 16.22% | 10.24% | — |
| FY 2012 Q4 | Mar 31, 2012 | — | 14.51% | — | 17.71% | 11.13% | — |
| FY 2012 Q3 | Dec 31, 2011 | — | 16.11% | — | 21.25% | 13.05% | — |
| FY 2012 Q2 | Sep 30, 2011 | — | 17.42% | — | 22.87% | 13.86% | — |
| FY 2012 Q1 | Jun 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q4 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Dec 31, 2010 | — | 21.39% | — | 28.22% | 16.72% | — |
| FY 2011 Q2 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2010 Q1 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 10.6%, rounded from the Semiconductor benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · MCHP, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.