Microchip Technology Incorporated (MCHP) vs NetApp, Inc. (NTAP)
A side-by-side comparison of Microchip Technology Incorporated and NetApp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
MCHP
Microchip Technology Incorporated
$74.29TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT
NTAP
NetApp, Inc.
$178.50TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — MCHP vs NTAP
growth of $100 · dividends reinvested · last 30yMCHP +4483.0%NTAP +15623.6%NTAP compounded faster
MCHP NTAP
MCHP vs NTAP: by the numbers
- •MCHP is the larger company ($40.34B vs $35.03B market cap).
- •NTAP trades at the lower trailing earnings multiple (28.07 vs 280.45 P/E), one valuation lens rather than an overall verdict.
- •NTAP converts more revenue to profit (18.43% vs 4.29% net margin).
- •NTAP grew revenue faster over the past five years (4.18% vs -2.82% CAGR).
- •MCHP pays the higher dividend yield (2.45% vs 1.17%).
Metrics side by side
Valuation
| Metric | MCHP | NTAP |
|---|---|---|
| P/E ratio | 280.45 | 28.07 |
| Forward P/E | N/A | 22.36 |
| P/S ratio | 8.64 | 5.13 |
| P/B ratio | 6.33 | 26.29 |
| PEG ratio | N/A | 1.58 |
| EV / EBITDA | 39.00 | 19.35 |
| FCF yield | 2.14% | 5.26% |
Profitability
| Metric | MCHP | NTAP |
|---|---|---|
| Gross margin | 57.73% | 70.74% |
| Operating margin | 10.40% | 24.12% |
| Net margin | 4.29% | 18.43% |
| ROE | 3.14% | 94.45% |
| ROIC | 3.11% | 19.40% |
Dividends
| Metric | MCHP | NTAP |
|---|---|---|
| Dividend yield | 2.45% | 1.17% |
| Payout ratio | 674.07% | 32.35% |
Growth (annualized)
| Metric | MCHP | NTAP |
|---|---|---|
| Revenue CAGR (5Y) | -2.82% | 4.18% |
| EPS CAGR (5Y) | -16.62% | 10.39% |
| FCF CAGR (5Y) | -13.74% | 12.50% |
| Total return CAGR (5Y) | 2.90% | 20.23% |
Frequently asked
- Which has the lower trailing P/E, MCHP or NTAP?
- NTAP has the lower trailing P/E: MCHP trades at 280.45 and NTAP at 28.07. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MCHP or NTAP?
- Over the past five years, NTAP grew revenue faster — MCHP at a -2.82% CAGR versus NTAP at 4.18%.
- Does MCHP or NTAP pay a bigger dividend?
- MCHP yields 2.45% and NTAP yields 1.17% based on trailing dividends and the latest price.
- Is MCHP or NTAP more profitable?
- NTAP runs the higher net margin — MCHP at 4.29% versus NTAP at 18.43%.
- How have MCHP and NTAP total returns compared?
- Over the past 10 years, MCHP delivered 12.41% and NTAP delivered 24.09% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Microchip Technology P/E ratioNetApp P/E ratioMicrochip Technology dividend yieldNetApp dividend yieldMicrochip Technology ROENetApp ROEMicrochip Technology operating marginNetApp operating marginMicrochip Technology revenue growthNetApp revenue growthMicrochip Technology free cash flowNetApp free cash flow
Microchip Technology & NetApp 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 31, 2026.