Hewlett Packard Enterprise Company (HPE) vs Microchip Technology Incorporated (MCHP)
HPE leads on 11 of 16 compared metrics.
A side-by-side comparison of Hewlett Packard Enterprise Company and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
HPE
Hewlett Packard Enterprise Company
$49.02Technology
MCHP
Microchip Technology Incorporated
$100.32Technology
Total return — HPE vs MCHP
growth of $100 · last 11yHPE +412.3%MCHP +310.8%HPE compounded faster
HPE MCHP
HPE vs MCHP: by the numbers
- •HPE is the larger company ($65.06B vs $52.90B market cap).
- •HPE trades at the lower earnings multiple (46.69 vs 378.71 P/E).
- •MCHP converts more revenue to profit (4.29% vs 3.90% net margin).
- •HPE grew revenue faster over the past five years (7.02% vs -2.82% CAGR).
- •MCHP pays the higher dividend yield (1.81% vs 1.40%).
Which is better, HPE or MCHP?
Metric tally: HPE 11 · MCHP 5It depends on what you're optimizing for:
ValueHPE(lower P/E)
GrowthHPE(faster 5Y revenue CAGR)
IncomeMCHP(higher dividend yield)
QualityMCHP(higher ROIC)
Metrics side by side
Valuation
| Metric | HPE | MCHP |
|---|---|---|
| P/E ratio | 46.69● | 378.71 |
| Forward P/E | 14.36 | — |
| P/S ratio | 1.81● | 11.66 |
| P/B ratio | 2.78● | 8.55 |
| PEG ratio | 2.32● | 519.48 |
| EV / EBITDA | 21.46● | 43.02 |
| FCF yield | 8.03%● | 1.58% |
Profitability
| Metric | HPE | MCHP |
|---|---|---|
| Gross margin | 32.92% | 57.73%● |
| Operating margin | 6.60% | 10.40%● |
| Net margin | 3.90% | 4.29%● |
| ROE | 6.00%● | 3.14% |
| ROIC | -0.59% | 3.11%● |
Dividends
| Metric | HPE | MCHP |
|---|---|---|
| Dividend yield | 1.40% | 1.81%● |
| Payout ratio | — | 674.07% |
Growth (annualized)
| Metric | HPE | MCHP |
|---|---|---|
| Revenue CAGR (5Y) | 7.02%● | -2.82% |
| EPS CAGR (5Y) | 20.10%● | -16.62% |
| FCF CAGR (5Y) | 26.64%● | -13.74% |
| Total return CAGR (5Y) | 29.51%● | 7.20% |
Frequently asked
- Which is better, HPE or MCHP?
- It depends on your goal. value: HPE (lower P/E); growth: HPE (faster 5Y revenue CAGR); income: MCHP (higher dividend yield); quality: MCHP (higher ROIC). Across all compared metrics, HPE leads 11 to 5.
- Is HPE or MCHP cheaper?
- On trailing earnings, HPE is cheaper: HPE trades at a 46.69 P/E and MCHP at 378.71.
- Which has grown faster, HPE or MCHP?
- Over the past five years, HPE grew revenue faster — HPE at a 7.02% CAGR versus MCHP at -2.82%.
- Does HPE or MCHP pay a bigger dividend?
- HPE yields 1.40% and MCHP yields 1.81% based on trailing dividends and the latest price.
- Is HPE or MCHP more profitable?
- MCHP runs the higher net margin — HPE at 3.90% versus MCHP at 4.29%.
- Which has been the better investment, HPE or MCHP?
- Over the past 10-year, HPE delivered the higher annualized total return — HPE at 19.61% versus MCHP at 16.23%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Hewlett Packard Enterprise P/E ratioMicrochip Technology P/E ratioHewlett Packard Enterprise dividend yieldMicrochip Technology dividend yieldHewlett Packard Enterprise ROEMicrochip Technology ROEHewlett Packard Enterprise operating marginMicrochip Technology operating marginHewlett Packard Enterprise revenue growthMicrochip Technology revenue growthHewlett Packard Enterprise free cash flowMicrochip Technology free cash flow
Hewlett Packard Enterprise & 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 June 16, 2026.