Company / Interest Expense
Microchip Technology Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$198.3M
FY2023
5-year range
$198.3M / $203.9M
FY2019-FY2023
Trend
-2.7%
vs FY2022
Sector context
#15 of 78
Information Technology
What the data says
Microchip Technology's interest expense of $198M is higher than 81% of companies in the Information Technology sector (FY2023). Interest Expense has declined for 5 consecutive years, from $503M in FY2018 to $198M in FY2023.
Based on SEC 10-K filings.
$198M in FY2023 with a 5-year CAGR of -17.0%. Top quartile in the Information Technology sector.
Improved from $257M to $198M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -17.8%
- 5-Year CAGR
- -17.0%
- 10-Year CAGR
- -
Sector benchmark
+46.8% above sector average
Key checks
Key Insights
- Microchip Technology's interest expense has declined for 5 consecutive years.
- 5-year CAGR of -17.0%, indicating a declining trend.
- In FY2023, interest expense decreased 2.7% year-over-year.
- Ranks #15 out of 78 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $198.3M | -2.7% |
| FY2022 | $203.9M | -20.7% |
| FY2021 | $257.0M | -28.0% |
| FY2020 | $356.9M | -28.2% |
| FY2019 | $497.3M | -1.1% |
| FY2018 | $502.9M | +152.7% |
| FY2017 | $199.0M | +36.0% |
As of FY2023 · SEC 10-K · Updated May 22, 2026