Microchip Technology vs Qnity Electronics
Microchip Technology and Qnity Electronics are similar in size: $4.71bn and $4.75bn of revenue in their latest fiscal years. Qnity Electronics grew faster (9.7% against 7.1%). Qnity Electronics kept more of each dollar of sales as profit: a net margin of 14.6% against 4.9%. Qnity Electronics carries less debt relative to equity (57.8% against 86.1%).
| Latest fiscal year | Microchip TechnologyMCHP, 2026 | Qnity ElectronicsQ, 2025 |
|---|---|---|
| Revenue | $4.71bn | $4.75bn |
| Revenue growth | 7.1% | 9.7% |
| Net income | $230m | $692m |
| Operating margin | 10.4% | — |
| Net margin | 4.9% | 14.6% |
| Return on equity | 3.4% | 7.8% |
| Free cash flow | $871m | $988m |
| Cash | $240m | $915m |
| Total debt | $5.54bn | $4.10bn |
| Debt to equity | 86.1% | 57.8% |
| Dividend per share | $1.82 | — |
| Dividend yield | 2.4% | — |
| Share buybacks | $0 | — |
| Employees | 17,900 | 10,000 |
| Market value | $41.33bn | $24.25bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 77 (Strong) | — |
| Insider trades, 12 months | 0 buys, 22 sales | 3 buys, 6 sales |