vs

Side-by-side financial comparison of Microchip Technology (MCHP) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.

Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.0× M/I HOMES, INC.). M/I HOMES, INC. runs the higher net margin — 5.6% vs 5.3%, a 0.3% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs -4.8%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs -5.4%).

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.

MCHP vs MHO — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.0× larger
MCHP
$1.2B
$1.1B
MHO
Growing faster (revenue YoY)
MCHP
MCHP
+20.4% gap
MCHP
15.6%
-4.8%
MHO
Higher net margin
MHO
MHO
0.3% more per $
MHO
5.6%
5.3%
MCHP
More free cash flow
MCHP
MCHP
$331.9M more FCF
MCHP
$318.9M
$-13.0M
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
-5.4%
MCHP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MCHP
MCHP
MHO
MHO
Revenue
$1.2B
$1.1B
Net Profit
$62.7M
$64.0M
Gross Margin
59.6%
17.4%
Operating Margin
12.8%
6.5%
Net Margin
5.3%
5.6%
Revenue YoY
15.6%
-4.8%
Net Profit YoY
217.0%
-52.1%
EPS (diluted)
$0.06
$2.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MCHP
MCHP
MHO
MHO
Q4 25
$1.2B
$1.1B
Q3 25
$1.1B
$1.1B
Q2 25
$1.1B
$1.2B
Q1 25
$970.5M
$976.1M
Q4 24
$1.0B
$1.2B
Q3 24
$1.2B
$1.1B
Q2 24
$1.2B
$1.1B
Q1 24
$1.3B
$1.0B
Net Profit
MCHP
MCHP
MHO
MHO
Q4 25
$62.7M
$64.0M
Q3 25
$41.7M
$106.5M
Q2 25
$-18.6M
$121.2M
Q1 25
$-154.6M
$111.2M
Q4 24
$-53.6M
$133.5M
Q3 24
$78.4M
$145.4M
Q2 24
$129.3M
$146.7M
Q1 24
$154.7M
$138.1M
Gross Margin
MCHP
MCHP
MHO
MHO
Q4 25
59.6%
17.4%
Q3 25
55.9%
24.5%
Q2 25
53.6%
24.7%
Q1 25
51.6%
25.9%
Q4 24
54.7%
24.6%
Q3 24
57.4%
27.1%
Q2 24
59.4%
27.9%
Q1 24
59.6%
27.1%
Operating Margin
MCHP
MCHP
MHO
MHO
Q4 25
12.8%
6.5%
Q3 25
7.8%
12.0%
Q2 25
3.0%
13.4%
Q1 25
-10.3%
14.4%
Q4 24
3.0%
13.6%
Q3 24
12.6%
15.9%
Q2 24
17.7%
16.8%
Q1 24
19.1%
16.6%
Net Margin
MCHP
MCHP
MHO
MHO
Q4 25
5.3%
5.6%
Q3 25
3.7%
9.4%
Q2 25
-1.7%
10.4%
Q1 25
-15.9%
11.4%
Q4 24
-5.2%
11.1%
Q3 24
6.7%
12.7%
Q2 24
10.4%
13.2%
Q1 24
11.7%
13.2%
EPS (diluted)
MCHP
MCHP
MHO
MHO
Q4 25
$0.06
$2.42
Q3 25
$0.03
$3.92
Q2 25
$-0.09
$4.42
Q1 25
$-0.29
$3.98
Q4 24
$-0.10
$4.71
Q3 24
$0.14
$5.10
Q2 24
$0.24
$5.12
Q1 24
$0.29
$4.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MCHP
MCHP
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
$250.7M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$6.6B
$3.2B
Total Assets
$14.3B
$4.8B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHP
MCHP
MHO
MHO
Q4 25
$250.7M
Q3 25
$236.8M
Q2 25
$566.5M
Q1 25
$771.7M
Q4 24
$586.0M
Q3 24
$286.1M
Q2 24
$315.1M
Q1 24
$319.7M
Total Debt
MCHP
MCHP
MHO
MHO
Q4 25
$5.4B
Q3 25
$5.4B
Q2 25
$5.5B
Q1 25
$5.6B
Q4 24
$6.7B
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$6.0B
Stockholders' Equity
MCHP
MCHP
MHO
MHO
Q4 25
$6.6B
$3.2B
Q3 25
$6.7B
$3.1B
Q2 25
$6.9B
$3.1B
Q1 25
$7.1B
$3.0B
Q4 24
$6.0B
$2.9B
Q3 24
$6.3B
$2.8B
Q2 24
$6.4B
$2.7B
Q1 24
$6.7B
$2.6B
Total Assets
MCHP
MCHP
MHO
MHO
Q4 25
$14.3B
$4.8B
Q3 25
$14.5B
$4.8B
Q2 25
$15.0B
$4.7B
Q1 25
$15.4B
$4.6B
Q4 24
$15.6B
$4.5B
Q3 24
$15.6B
$4.5B
Q2 24
$15.8B
$4.3B
Q1 24
$15.9B
$4.2B
Debt / Equity
MCHP
MCHP
MHO
MHO
Q4 25
0.82×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
1.12×
Q3 24
1.02×
Q2 24
0.96×
Q1 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MCHP
MCHP
MHO
MHO
Operating Cash FlowLast quarter
$341.4M
$-8.7M
Free Cash FlowOCF − Capex
$318.9M
$-13.0M
FCF MarginFCF / Revenue
26.9%
-1.1%
Capex IntensityCapex / Revenue
1.9%
0.4%
Cash ConversionOCF / Net Profit
5.44×
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$819.9M
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHP
MCHP
MHO
MHO
Q4 25
$341.4M
$-8.7M
Q3 25
$88.1M
$43.4M
Q2 25
$275.6M
$37.8M
Q1 25
$205.9M
$64.9M
Q4 24
$271.5M
$104.4M
Q3 24
$43.6M
$-67.9M
Q2 24
$377.1M
$27.5M
Q1 24
$430.0M
$115.8M
Free Cash Flow
MCHP
MCHP
MHO
MHO
Q4 25
$318.9M
$-13.0M
Q3 25
$51.6M
$42.0M
Q2 25
$257.7M
$35.1M
Q1 25
$191.7M
$63.5M
Q4 24
$253.4M
$102.3M
Q3 24
$22.8M
$-68.5M
Q2 24
$304.2M
$22.0M
Q1 24
$389.9M
$115.5M
FCF Margin
MCHP
MCHP
MHO
MHO
Q4 25
26.9%
-1.1%
Q3 25
4.5%
3.7%
Q2 25
24.0%
3.0%
Q1 25
19.8%
6.5%
Q4 24
24.7%
8.5%
Q3 24
2.0%
-6.0%
Q2 24
24.5%
2.0%
Q1 24
29.4%
11.0%
Capex Intensity
MCHP
MCHP
MHO
MHO
Q4 25
1.9%
0.4%
Q3 25
3.2%
0.1%
Q2 25
1.7%
0.2%
Q1 25
1.5%
0.1%
Q4 24
1.8%
0.2%
Q3 24
1.8%
0.1%
Q2 24
5.9%
0.5%
Q1 24
3.0%
0.0%
Cash Conversion
MCHP
MCHP
MHO
MHO
Q4 25
5.44×
-0.14×
Q3 25
2.11×
0.41×
Q2 25
0.31×
Q1 25
0.58×
Q4 24
0.78×
Q3 24
0.56×
-0.47×
Q2 24
2.92×
0.19×
Q1 24
2.78×
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MCHP
MCHP

Mixed Signal Microcontrollers$586.5M49%
Analog$322.9M27%
Other Product Line$276.6M23%

MHO
MHO

Southern Homebuilding$615.6M54%
Northern Homebuilding$503.9M44%
Financial Service$27.8M2%
Land$4.7M0%

Related Comparisons