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Side-by-side financial comparison of Microchip Technology (MCHP) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.

Microchip Technology is the larger business by last-quarter revenue ($1.3B vs $939.4M, roughly 1.4× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 11.0%, a 12.3% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (-33.0% vs -72.2%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 2.8%).

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

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

MCHP vs NJR — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.4× larger
MCHP
$1.3B
$939.4M
NJR
Growing faster (revenue YoY)
NJR
NJR
+39.2% gap
NJR
-33.0%
-72.2%
MCHP
Higher net margin
NJR
NJR
12.3% more per $
NJR
23.3%
11.0%
MCHP
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
2.8%
MCHP

Income Statement — Q4 FY2026 vs Q2 FY2026

Metric
MCHP
MCHP
NJR
NJR
Revenue
$1.3B
$939.4M
Net Profit
$144.2M
$218.9M
Gross Margin
61.0%
Operating Margin
16.6%
32.0%
Net Margin
11.0%
23.3%
Revenue YoY
-72.2%
-33.0%
Net Profit YoY
8.9%
7.2%
EPS (diluted)
$0.21
$2.16

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
NJR
NJR
Q1 26
$1.3B
$939.4M
Q4 25
$1.2B
$440.9M
Q3 25
$1.1B
$188.3M
Q2 25
$1.1B
$234.8M
Q1 25
$970.5M
$569.2M
Q4 24
$1.0B
$359.0M
Q3 24
$1.2B
$265.7M
Q2 24
$1.2B
$209.9M
Net Profit
MCHP
MCHP
NJR
NJR
Q1 26
$144.2M
$218.9M
Q4 25
$62.7M
$122.5M
Q3 25
$41.7M
$15.1M
Q2 25
$-18.6M
$-15.1M
Q1 25
$-154.6M
$204.3M
Q4 24
$-53.6M
$131.3M
Q3 24
$78.4M
$91.1M
Q2 24
$129.3M
$-11.6M
Gross Margin
MCHP
MCHP
NJR
NJR
Q1 26
61.0%
Q4 25
59.6%
Q3 25
55.9%
Q2 25
53.6%
Q1 25
51.6%
Q4 24
54.7%
Q3 24
57.4%
Q2 24
59.4%
Operating Margin
MCHP
MCHP
NJR
NJR
Q1 26
16.6%
32.0%
Q4 25
12.8%
40.6%
Q3 25
7.8%
21.5%
Q2 25
3.0%
-0.5%
Q1 25
-10.3%
49.2%
Q4 24
3.0%
52.8%
Q3 24
12.6%
55.0%
Q2 24
17.7%
2.8%
Net Margin
MCHP
MCHP
NJR
NJR
Q1 26
11.0%
23.3%
Q4 25
5.3%
27.8%
Q3 25
3.7%
8.0%
Q2 25
-1.7%
-6.4%
Q1 25
-15.9%
35.9%
Q4 24
-5.2%
36.6%
Q3 24
6.7%
34.3%
Q2 24
10.4%
-5.5%
EPS (diluted)
MCHP
MCHP
NJR
NJR
Q1 26
$0.21
$2.16
Q4 25
$0.06
$1.21
Q3 25
$0.03
$0.15
Q2 25
$-0.09
$-0.15
Q1 25
$-0.29
$2.02
Q4 24
$-0.10
$1.31
Q3 24
$0.14
$0.91
Q2 24
$0.24
$-0.12

Balance Sheet & Financial Strength

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

Metric
MCHP
MCHP
NJR
NJR
Cash + ST InvestmentsLiquidity on hand
$240.3M
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$6.4B
Total Assets
$14.4B
Debt / EquityLower = less leverage
0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHP
MCHP
NJR
NJR
Q1 26
$240.3M
Q4 25
$250.7M
$2.4M
Q3 25
$236.8M
$591.0K
Q2 25
$566.5M
$931.0K
Q1 25
$771.7M
$83.7M
Q4 24
$586.0M
$1.9M
Q3 24
$286.1M
$1.0M
Q2 24
$315.1M
$22.4M
Total Debt
MCHP
MCHP
NJR
NJR
Q1 26
$5.5B
Q4 25
$5.4B
$3.3B
Q3 25
$5.4B
$3.3B
Q2 25
$5.5B
$3.0B
Q1 25
$5.6B
$3.0B
Q4 24
$6.7B
$3.0B
Q3 24
$6.4B
$2.9B
Q2 24
$6.2B
$2.8B
Stockholders' Equity
MCHP
MCHP
NJR
NJR
Q1 26
$6.4B
Q4 25
$6.6B
$2.5B
Q3 25
$6.7B
$2.4B
Q2 25
$6.9B
$2.4B
Q1 25
$7.1B
$2.5B
Q4 24
$6.0B
$2.3B
Q3 24
$6.3B
$2.2B
Q2 24
$6.4B
$2.1B
Total Assets
MCHP
MCHP
NJR
NJR
Q1 26
$14.4B
Q4 25
$14.3B
$7.9B
Q3 25
$14.5B
$7.6B
Q2 25
$15.0B
$7.3B
Q1 25
$15.4B
$7.3B
Q4 24
$15.6B
$7.2B
Q3 24
$15.6B
$7.0B
Q2 24
$15.8B
$6.8B
Debt / Equity
MCHP
MCHP
NJR
NJR
Q1 26
0.85×
Q4 25
0.82×
1.32×
Q3 25
0.80×
1.36×
Q2 25
0.80×
1.25×
Q1 25
0.80×
1.20×
Q4 24
1.12×
1.29×
Q3 24
1.02×
1.31×
Q2 24
0.96×
1.30×

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
NJR
NJR
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$242.8M
FCF MarginFCF / Revenue
18.5%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$871.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHP
MCHP
NJR
NJR
Q1 26
Q4 25
$341.4M
$26.7M
Q3 25
$88.1M
$81.2M
Q2 25
$275.6M
$-28.9M
Q1 25
$205.9M
$423.0M
Q4 24
$271.5M
$-9.0M
Q3 24
$43.6M
$64.5M
Q2 24
$377.1M
$24.3M
Free Cash Flow
MCHP
MCHP
NJR
NJR
Q1 26
$242.8M
Q4 25
$318.9M
Q3 25
$51.6M
Q2 25
$257.7M
Q1 25
$191.7M
Q4 24
$253.4M
Q3 24
$22.8M
Q2 24
$304.2M
FCF Margin
MCHP
MCHP
NJR
NJR
Q1 26
18.5%
Q4 25
26.9%
Q3 25
4.5%
Q2 25
24.0%
Q1 25
19.8%
Q4 24
24.7%
Q3 24
2.0%
Q2 24
24.5%
Capex Intensity
MCHP
MCHP
NJR
NJR
Q1 26
1.1%
Q4 25
1.9%
Q3 25
3.2%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.8%
Q3 24
1.8%
Q2 24
5.9%
Cash Conversion
MCHP
MCHP
NJR
NJR
Q1 26
Q4 25
5.44×
0.22×
Q3 25
2.11×
5.39×
Q2 25
Q1 25
2.07×
Q4 24
-0.07×
Q3 24
0.56×
0.71×
Q2 24
2.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MCHP
MCHP

Segment breakdown not available.

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

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