Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 16.10% is 28% below its 5-year average of 22.25%, around the middle of its 5-year range (-10.33%–39.46%).
As of the fiscal period ended Tuesday, March 31, 2026. 169.33% above its 12-month average of 5.98%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.10%
OPERATING MARGIN AVG TTM
5.98%
OPERATING MARGIN AVG 3Y
17.61%
OPERATING MARGIN AVG 5Y
22.25%
OPERATING MARGIN AVG 10Y
19.98%
OPERATING MARGIN AVG 15Y
20.31%
OPERATING MARGIN AVG 20Y
21.75%
CURRENT VS TTM AVG
+169.33%
CURRENT VS 3Y AVG
-8.58%
CURRENT VS 5Y AVG
-27.65%
CURRENT VS 10Y AVG
-19.43%
CURRENT VS 15Y AVG
-20.71%
CURRENT VS 20Y AVG
-25.98%
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+19.43%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$40.34B
Operating Margin
16.10%
TTM Avg
5.98%
3Y Avg
17.61%
5Y Avg
22.25%
Market Cap
$39.56B
Operating Margin
27.97%
TTM Avg
28.33%
3Y Avg
28.32%
5Y Avg
27.86%
Market Cap
$39.16B
Operating Margin
-2.61%
TTM Avg
8.02%
3Y Avg
-33.70%
5Y Avg
-33.70%
Market Cap
$41.56B
Operating Margin
38.55%
TTM Avg
39.08%
3Y Avg
39.99%
5Y Avg
39.31%
Market Cap
$38.60B
Operating Margin
33.33%
TTM Avg
33.33%
3Y Avg
7.61%
5Y Avg
-1.87%
Market Cap
$45.42B
Operating Margin
-0.88%
TTM Avg
-7.20%
3Y Avg
-14.32%
5Y Avg
-4.18%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $40.34B | 16.10% | 5.98% | 17.61% | 22.25% |
| Roper Technologies, Inc. (ROP)vs › | $39.56B | 27.97% | 28.33% | 28.32% | 27.86% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.16B | -2.61% | 8.02% | -33.70% | -33.70% |
| Paychex, Inc. (PAYX)vs › | $41.56B | 38.55% | 39.08% | 39.99% | 39.31% |
| Workday, Inc. (WDAY)vs › | $42.00B | 11.66% | 7.82% | 3.65% | 1.09% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $38.60B | 33.33% | 33.33% | 7.61% | -1.87% |
| Celestica Inc. (CLS)vs › | $38.11B | 8.13% | 7.43% | 5.77% | 4.72% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $45.42B | -0.88% | -7.20% | -14.32% | -4.18% |
| NetApp, Inc. (NTAP)vs › | $35.03B | 24.12% | 22.41% | 20.05% | 19.41% |
| Nebius Group N.V. (NBIS)vs › | $45.70B | -112.53% | -243.80% | -806.24% | -536.92% |
Gross Margin
57.7%
Operating Margin
16.1%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 16.10% |
| 2025-12-31 | 12.79% |
| 2025-09-30 | 8.35% |
| 2025-06-30 | 2.98% |
| 2025-03-31 | -10.33% |
| 2024-12-31 | 3.01% |
| 2024-09-30 | 12.60% |
| 2024-06-30 | 17.65% |
| 2024-03-31 | 19.12% |
| 2023-12-31 | 29.98% |
| 2023-09-30 | 39.26% |
| 2023-06-30 | 39.46% |
| 2023-03-31 | 37.98% |
| 2022-12-31 | 37.41% |
| 2022-09-30 | 36.42% |
| 2022-06-30 | 35.72% |
| 2022-03-31 | 29.80% |
| 2021-12-31 | 29.30% |
| 2021-09-30 | 25.23% |
| 2021-06-30 | 23.50% |
| 2021-03-31 | 20.99% |
| 2020-12-31 | 18.16% |
| 2020-09-30 | 17.27% |
| 2020-06-30 | 16.67% |
| 2020-03-31 | 12.12% |
| 2019-12-31 | 10.19% |
| 2019-09-30 | 13.72% |
| 2019-06-30 | 12.97% |
| 2019-03-31 | 21.41% |
| 2018-12-31 | 14.16% |
| 2018-09-30 | 7.17% |
| 2018-06-30 | 10.91% |
| 2018-03-31 | 24.35% |
| 2017-12-31 | 24.66% |
| 2017-09-30 | 22.27% |
| 2017-06-30 | 22.80% |
| 2017-03-31 | 17.07% |
| 2016-12-31 | 14.15% |
| 2016-09-30 | 7.20% |
| 2016-06-30 | -7.39% |
| 2016-03-31 | 14.34% |
| 2015-12-31 | 14.09% |
| 2015-09-30 | 13.84% |
| 2015-06-30 | 22.72% |
| 2015-03-31 | 20.31% |
| 2014-12-31 | 18.54% |
| 2014-09-30 | 18.55% |
| 2014-06-30 | 21.92% |
| 2014-03-31 | 25.55% |
| 2013-12-31 | 24.24% |
| 2013-09-30 | 23.85% |
| 2013-06-30 | 21.26% |
| 2013-03-31 | 13.18% |
| 2012-12-31 | 4.19% |
| 2012-09-30 | 2.11% |
| 2012-06-30 | 27.36% |
| 2012-03-31 | 27.71% |
| 2011-12-31 | 26.77% |
| 2011-09-30 | 28.66% |
| 2011-06-30 | 31.20% |
| 2011-03-31 | 32.73% |
| 2010-12-31 | 31.93% |
| 2010-09-30 | 32.21% |
| 2010-06-30 | 34.05% |
| 2010-03-31 | 31.83% |
| 2009-12-31 | 29.02% |
| 2009-09-30 | 23.26% |
| 2009-06-30 | 16.16% |
| 2009-03-31 | 10.99% |
| 2008-12-31 | 21.06% |
| 2008-09-30 | 32.32% |
| 2008-06-30 | 32.30% |
| 2008-03-31 | 31.38% |
| 2007-12-31 | 31.37% |
| 2007-09-30 | 21.53% |
| 2007-06-30 | 32.20% |
| 2007-03-31 | 33.04% |
| 2006-12-31 | 32.46% |
| 2006-09-30 | 34.10% |
| 2006-06-30 | 34.16% |
| 2006-03-31 | 36.19% |
| 2005-12-31 | 36.01% |
| 2005-09-30 | 34.89% |
| 2005-06-30 | 33.42% |
| 2005-03-31 | 32.74% |
| 2004-12-31 | 31.95% |
| 2004-09-30 | 34.01% |
| 2004-06-30 | 23.43% |
| 2004-03-31 | 30.98% |
| 2003-12-31 | 30.26% |
| 2003-09-30 | 28.25% |
| 2003-06-30 | 6.52% |
| 2003-03-31 | 26.03% |
| 2002-12-31 | 28.75% |
| 2002-09-30 | 2.68% |
| 2002-06-30 | 18.51% |
