Microchip Technology Inc (MCHP)
74.81
+1.44
(+1.96%)
USD |
NASDAQ |
Nov 01, 16:00
74.85
+0.04
(+0.05%)
After-Hours: 20:00
Microchip Technology Gross Profit Margin (Quarterly): 59.37% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 59.37% |
| March 31, 2024 | 59.58% |
| December 31, 2023 | 63.43% |
| September 30, 2023 | 67.76% |
| June 30, 2023 | 68.09% |
| March 31, 2023 | 68.05% |
| December 31, 2022 | 67.80% |
| September 30, 2022 | 67.43% |
| June 30, 2022 | 66.71% |
| March 31, 2022 | 66.18% |
| December 31, 2021 | 65.62% |
| September 30, 2021 | 64.75% |
| June 30, 2021 | 64.20% |
| March 31, 2021 | 63.17% |
| December 31, 2020 | 62.55% |
| September 30, 2020 | 61.70% |
| June 30, 2020 | 60.95% |
| March 31, 2020 | 61.36% |
| December 31, 2019 | 61.01% |
| September 30, 2019 | 61.86% |
| June 30, 2019 | 61.64% |
| March 31, 2019 | 61.69% |
| December 31, 2018 | 56.71% |
| September 30, 2018 | 48.12% |
| June 30, 2018 | 52.95% |
| Date | Value |
|---|---|
| March 31, 2018 | 61.37% |
| December 31, 2017 | 61.06% |
| September 30, 2017 | 60.68% |
| June 30, 2017 | 60.12% |
| March 31, 2017 | 59.03% |
| December 31, 2016 | 55.76% |
| September 30, 2016 | 47.12% |
| June 30, 2016 | 43.59% |
| March 31, 2016 | 54.31% |
| December 31, 2015 | 54.17% |
| September 30, 2015 | 55.59% |
| June 30, 2015 | 57.87% |
| March 31, 2015 | 57.74% |
| December 31, 2014 | 57.11% |
| September 30, 2014 | 56.29% |
| June 30, 2014 | 57.96% |
| March 31, 2014 | 58.90% |
| December 31, 2013 | 58.61% |
| September 30, 2013 | 58.63% |
| June 30, 2013 | 57.60% |
| March 31, 2013 | 55.57% |
| December 31, 2012 | 48.17% |
| September 30, 2012 | 50.66% |
| June 30, 2012 | 58.16% |
| March 31, 2012 | 57.73% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
59.37%
Minimum
Jun 2024
68.09%
Maximum
Jun 2023
64.20%
Average
64.20%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| Analog Devices Inc | 56.71% |
| Texas Instruments Inc | 59.60% |
| Micron Technology Inc | 35.32% |
| Advanced Micro Devices Inc | 50.14% |
| Broadcom Inc | 63.92% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.18% |
| Return on Assets | 8.46% |
| Return on Invested Capital | 10.72% |
| Profit Margin (Quarterly) | 10.42% |
| Operating Margin (Quarterly) | 17.86% |
| Return on Net Operating Assets | 10.13% |