Keysight Technologies, Inc. (KEYS) vs Microchip Technology Incorporated (MCHP)
KEYS leads on 14 of 15 compared metrics.
A side-by-side comparison of Keysight Technologies, Inc. and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
KEYS
Keysight Technologies, Inc.
$350.67Technology
MCHP
Microchip Technology Incorporated
$95.24Technology
Total return — KEYS vs MCHP
growth of $100 · last 12yKEYS +1138.7%MCHP +369.2%KEYS compounded faster
KEYS MCHP
KEYS vs MCHP: by the numbers
- •KEYS is the larger company ($59.93B vs $51.63B market cap).
- •KEYS trades at the lower earnings multiple (57.77 vs 359.53 P/E).
- •KEYS converts more revenue to profit (17.25% vs 4.29% net margin).
- •KEYS grew revenue faster over the past five years (5.62% vs -2.82% CAGR).
- •MCHP pays a dividend (1.91% yield) while KEYS does not currently pay one.
Which is better, KEYS or MCHP?
Metric tally: KEYS 14 · MCHP 1It depends on what you're optimizing for:
ValueKEYS(lower P/E)
GrowthKEYS(faster 5Y revenue CAGR)
QualityKEYS(higher ROIC)
Valuation
| Metric | KEYS | MCHP |
|---|---|---|
| P/E ratio | 57.77● | 359.53 |
| Forward P/E | 34.46 | — |
| P/S ratio | 9.96● | 11.07 |
| P/B ratio | 9.58 | 8.11● |
| PEG ratio | 0.96● | 519.48 |
| EV / EBITDA | 42.37● | 80.79 |
| FCF yield | 2.38%● | 1.67% |
Profitability
| Metric | KEYS | MCHP |
|---|---|---|
| Gross margin | 63.67%● | 57.73% |
| Operating margin | 18.17%● | 10.40% |
| Net margin | 17.25%● | 4.29% |
| ROE | 16.59%● | 3.14% |
| ROIC | 8.02%● | 3.11% |
Dividends
| Metric | KEYS | MCHP |
|---|---|---|
| Dividend yield | — | 1.91% |
| Payout ratio | — | 674.07% |
Growth (annualized)
| Metric | KEYS | MCHP |
|---|---|---|
| Revenue CAGR (5Y) | 5.62%● | -2.82% |
| EPS CAGR (5Y) | 7.90%● | -16.62% |
| FCF CAGR (5Y) | 5.73%● | -13.74% |
| Total return CAGR (5Y) | 18.85%● | 6.56% |
Frequently asked
- Which is better, KEYS or MCHP?
- It depends on your goal. value: KEYS (lower P/E); growth: KEYS (faster 5Y revenue CAGR); quality: KEYS (higher ROIC). Across all compared metrics, KEYS leads 14 to 1.
- Is KEYS or MCHP cheaper?
- On trailing earnings, KEYS is cheaper: KEYS trades at a 57.77 P/E and MCHP at 359.53.
- Which has grown faster, KEYS or MCHP?
- Over the past five years, KEYS grew revenue faster — KEYS at a 5.62% CAGR versus MCHP at -2.82%.
- Does KEYS or MCHP pay a bigger dividend?
- MCHP pays a dividend (1.91% yield) while KEYS does not currently pay one.
- Is KEYS or MCHP more profitable?
- KEYS runs the higher net margin — KEYS at 17.25% versus MCHP at 4.29%.
- Which has been the better investment, KEYS or MCHP?
- Over the past 10-year, KEYS delivered the higher annualized total return — KEYS at 27.59% versus MCHP at 15.96%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Keysight Technologies P/E ratioMicrochip Technology P/E ratioKeysight Technologies dividend yieldMicrochip Technology dividend yieldKeysight Technologies ROEMicrochip Technology ROEKeysight Technologies operating marginMicrochip Technology operating marginKeysight Technologies revenue growthMicrochip Technology revenue growthKeysight Technologies free cash flowMicrochip Technology free cash flow
Keysight Technologies & 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 13, 2026.