Celestica Inc. (CLS) vs Microchip Technology Incorporated (MCHP)
CLS leads on 10 of 14 compared metrics.
A side-by-side comparison of Celestica Inc. and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CLS
Celestica Inc.
$354.78Technology
MCHP
Microchip Technology Incorporated
$88.26Technology
Total return — CLS vs MCHP
growth of $100 · last 28yCLS +3747.9%MCHP +1965.0%CLS compounded faster
CLS MCHP
CLS vs MCHP: by the numbers
- •MCHP is the larger company ($47.84B vs $40.79B market cap).
- •CLS trades at the lower earnings multiple (43.57 vs 322.73 P/E).
- •CLS converts more revenue to profit (6.95% vs 4.29% net margin).
- •CLS grew revenue faster over the past five years (19.51% vs -2.82% CAGR).
- •MCHP pays a dividend (2.13% yield) while CLS does not currently pay one.
Which is better, CLS or MCHP?
Metric tally: CLS 10 · MCHP 4It depends on what you're optimizing for:
ValueCLS(lower P/E)
GrowthCLS(faster 5Y revenue CAGR)
QualityCLS(higher ROIC)
Metrics side by side
Valuation
| Metric | CLS | MCHP |
|---|---|---|
| P/E ratio | 43.57● | 322.73 |
| Forward P/E | 36.32 | — |
| P/S ratio | 3.02● | 9.94 |
| P/B ratio | 20.38 | 7.28● |
| PEG ratio | 0.39 | — |
| EV / EBITDA | 33.41● | 44.20 |
| FCF yield | 1.18% | 1.86%● |
Profitability
| Metric | CLS | MCHP |
|---|---|---|
| Gross margin | 11.61% | 57.73%● |
| Operating margin | 7.84% | 10.40%● |
| Net margin | 6.95%● | 4.29% |
| ROE | 46.86%● | 3.14% |
| ROIC | 27.74%● | 3.11% |
Dividends
| Metric | CLS | MCHP |
|---|---|---|
| Dividend yield | — | 2.13% |
| Payout ratio | — | 674.07% |
Growth (annualized)
| Metric | CLS | MCHP |
|---|---|---|
| Revenue CAGR (5Y) | 19.51%● | -2.82% |
| EPS CAGR (5Y) | 73.33%● | -16.62% |
| FCF CAGR (5Y) | 26.52%● | -13.74% |
| Total return CAGR (5Y) | 116.83%● | 6.15% |
Frequently asked
- Which is better, CLS or MCHP?
- It depends on your goal. value: CLS (lower P/E); growth: CLS (faster 5Y revenue CAGR); quality: CLS (higher ROIC). Across all compared metrics, CLS leads 10 to 4.
- Is CLS or MCHP cheaper?
- On trailing earnings, CLS is cheaper: CLS trades at a 43.57 P/E and MCHP at 322.73.
- Which has grown faster, CLS or MCHP?
- Over the past five years, CLS grew revenue faster — CLS at a 19.51% CAGR versus MCHP at -2.82%.
- Does CLS or MCHP pay a bigger dividend?
- MCHP pays a dividend (2.13% yield) while CLS does not currently pay one.
- Is CLS or MCHP more profitable?
- CLS runs the higher net margin — CLS at 6.95% versus MCHP at 4.29%.
- Which has been the better investment, CLS or MCHP?
- Over the past 10-year, CLS delivered the higher annualized total return — CLS at 44.19% versus MCHP at 14.81%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Celestica P/E ratioMicrochip Technology P/E ratioCelestica dividend yieldMicrochip Technology dividend yieldCelestica ROEMicrochip Technology ROECelestica operating marginMicrochip Technology operating marginCelestica revenue growthMicrochip Technology revenue growthCelestica free cash flowMicrochip Technology free cash flow
Celestica & Microchip Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.