Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 15.52% is 31% below its 5-year average of 22.33%, around the middle of its 5-year range (-10.33%–39.46%).
23.35% above its 12-month average of 12.58%.
Reported quarterly operating margin; no daily interpolation. Q1 FY2027 (2026-06-30): 22.68%.
OPERATING MARGIN
15.52%
OPERATING MARGIN AVG TTM
12.58%
OPERATING MARGIN AVG 3Y
16.43%
OPERATING MARGIN AVG 5Y
22.33%
OPERATING MARGIN AVG 10Y
20.20%
OPERATING MARGIN AVG 15Y
20.14%
OPERATING MARGIN AVG 20Y
21.58%
CURRENT VS TTM AVG
+23.35%
CURRENT VS 3Y AVG
-5.57%
CURRENT VS 5Y AVG
-30.51%
CURRENT VS 10Y AVG
-23.15%
CURRENT VS 15Y AVG
-22.92%
CURRENT VS 20Y AVG
-28.10%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+10.86%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$38.80B
Operating Margin
15.52%
TTM Avg
12.58%
3Y Avg
16.43%
5Y Avg
22.33%
Market Cap
$38.61B
Operating Margin
27.97%
TTM Avg
28.33%
3Y Avg
28.32%
5Y Avg
27.86%
Market Cap
$40.56B
Operating Margin
-2.42%
TTM Avg
-7.38%
3Y Avg
-14.41%
5Y Avg
-4.24%
Market Cap
$35.95B
Operating Margin
-20.72%
TTM Avg
-27.36%
3Y Avg
-35.30%
5Y Avg
-32.64%
Market Cap
$42.88B
Operating Margin
29.93%
TTM Avg
26.93%
3Y Avg
23.33%
5Y Avg
24.40%
Market Cap
$43.20B
Operating Margin
-8.57%
TTM Avg
-204.19%
3Y Avg
-171.77%
5Y Avg
-140.59%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $38.80B | 15.52% | 12.58% | 16.43% | 22.33% |
| Roper Technologies, Inc. (ROP)vs › | $38.61B | 27.97% | 28.33% | 28.32% | 27.86% |
| NetApp, Inc. (NTAP)vs › | $37.97B | 25.73% | 22.41% | 20.05% | 19.41% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $40.56B | -2.42% | -7.38% | -14.41% | -4.24% |
| Celestica Inc. (CLS)vs › | $37.00B | 8.13% | 7.43% | 5.77% | 4.72% |
| Roblox Corporation (RBLX)vs › | $35.95B | -20.72% | -27.36% | -35.30% | -32.64% |
| Twilio Inc. (TWLO)vs › | $35.23B | 5.51% | 1.27% | -8.45% | -15.67% |
| Veeva Systems Inc. (VEEV)vs › | $42.88B | 29.93% | 26.93% | 23.33% | 24.40% |
| Strategy Inc (MSTR)vs › | $43.20B | -8.57% | -204.19% | -171.77% | -140.59% |
| STMicroelectronics N.V. (STM)vs › | $43.25B | 5.23% | 7.69% | 17.39% | 16.91% |
Gross Margin
60.2%
Operating Margin
15.5%
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 |
|---|---|
| 2026-06-30 | 22.68% |
| 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% |
