Microchip Technology Net Income (Annual) Insights

Microchip Technology Inc (MCHP)

66.69 +0.18 (+0.27%) USD | NASDAQ | Nov 22, 16:00

66.81 +0.12 (+0.18%) After-Hours: 20:00

Net Income (Annual) Chart

Historical Net Income (Annual) Data

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Date	Value
March 31, 2024	1.907B
March 31, 2023	2.238B
March 31, 2022	1.286B
March 31, 2021	349.40M
March 31, 2020	570.60M
March 31, 2019	355.90M
March 31, 2018	255.40M
March 31, 2017	164.60M
March 31, 2016	324.10M
March 31, 2015	369.01M
March 31, 2014	395.28M
March 31, 2013	127.39M
March 31, 2012	336.70M
March 31, 2011	418.95M
March 31, 2010	217.00M
March 31, 2009	245.59M

Date	Value
March 31, 2008	297.75M
March 31, 2007	357.03M
March 31, 2006	242.37M
March 31, 2005	213.78M
March 31, 2004	137.26M
March 31, 2003	88.23M
March 31, 2002	94.81M
March 31, 2001	142.84M
March 31, 2000	115.17M
March 31, 1999	46.54M
March 31, 1998	64.40M
March 31, 1997	51.13M
March 31, 1996	43.80M
March 31, 1995	36.30M
March 31, 1994	19.20M
March 31, 1993	4.20M

Net Income Definition

Net Income is the total amount of profit earned by a company. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Eventually, all companies would want to have a consistent positive and growing net income, so that this can be used for various purposes like reinvesting into the company, paying off debt, and potentially paying out dividends to shareholders.

Read full definition.

Net Income (Annual) Range, Past 5 Years

349.40M

Minimum

2021

2.238B

Maximum

2023

1.270B

Average

1.286B

Median

2022

Net Income (Annual) Benchmarks