Microchip Technology (MCHP) vs Qnity Electronics (Q)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Microchip Technology is the larger company by market cap ($42.37 billion vs $27.14 billion), about 1.6 times the size, while Qnity Electronics is growing revenue faster (+9.7% vs +7.1%). On valuation, Microchip Technology trades at a lower forward P/E (17.0x vs 24.1x for Qnity Electronics). Microchip Technology offers the higher dividend yield (2.33% vs 0.17%).
Qnity Electronics converts more of its revenue into profit, with a net margin of 15.3% versus 4.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MCHP | Q |
|---|---|---|
| Share price | $78.02 | $129.72 |
| Market cap | $42.37B | $27.14B |
| 1-day change | -3.99% | -2.93% |
| YTD return | +22.44% | +58.87% |
| 1-year return | +20.10% | — |
| 5-year return | +7.20% | — |
| P/E ratio (TTM) | 114.74 | 46.33 |
| Forward P/E | 17.02 | 24.12 |
| EPS (TTM) | $0.68 | $2.80 |
| Dividend yield | 2.33% | 0.17% |
| Annual dividend | $1.82 | $0.22 |
| Revenue (latest FY) | $4.71B | $4.75B |
| Revenue growth (YoY) | +7.08% | +9.67% |
| Net income (latest FY) | $230.00M | $729.00M |
| Gross margin | 57.73% | 46.17% |
| Operating margin | 10.40% | — |
| Net margin | 4.88% | 15.33% |
| 52-week high | $105.91 | $177.28 |
| 52-week low | $48.52 | $70.50 |
| Distance from 52-week high | -26.33% | -26.83% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +38.22% | +34.33% |
| Average volume | 9.30M | 1.71M |
| Shares outstanding | 543.01M | 209.21M |
| Employees | 17,900 | 10,000 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Microchip Technology trades at a higher earnings multiple (114.7x vs 46.3x trailing P/E).
- Microchip Technology offers a meaningfully higher dividend yield (2.33% vs 0.17%).
- Qnity Electronics is more profitable, keeping 15.3 cents of every revenue dollar as net income versus 4.9 cents for Microchip Technology.
About Microchip Technology
MCHP stock →Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing.
Technology · Semiconductors · 17,900 employees
About Qnity Electronics
Q stock →Qnity Electronics, Inc. provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.
Technology · Semiconductors · 10,000 employees
MCHP vs Q FAQ
Which is bigger, Microchip Technology or Qnity Electronics?
Microchip Technology (MCHP) is larger, with a market capitalization of $42.37B compared with $27.14B for Qnity Electronics (Q).
Which has the lower P/E ratio, MCHP or Q?
Q has the lower trailing P/E at 46.3, versus 114.7 for MCHP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Microchip Technology or Qnity Electronics?
Microchip Technology has the higher yield at 2.33%, compared with 0.17% for Qnity Electronics.
Are Microchip Technology and Qnity Electronics in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.