Monolithic Power Systems, Inc. is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. Incorporated in 1997, our three core strengths include deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable us to deliver reliable, compact, and monolithic solutions found in storage and computing, enterprise data, automotive, industrial, communications and consumer applications. Our mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. We believe that we differentiate ourselves by offering solutions that are more highly integrated, smaller in size, more energy-efficient, more accurate and more reliable with respect to performance specifications and, consequently, more cost-effective than many competing solutions.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.8B | 2.8B | 2.2B | 1.8B | 1.8B | 1.2B |
| Net Income | 621M | 621M | 1.6B | 427M | 438M | 242M |
| EPS | $12.86 | $12.86 | $32.60 | $8.76 | $9.05 | $5.05 |
| Free Cash Flow | 663M | 663M | 624M | 581M | 188M | 226M |
| ROIC | 24.3% | 27.1% | 25.8% | 43.2% | 47.2% | 45.0% |
| Gross Margin | 55.2% | 55.2% | 55.3% | 56.1% | 58.4% | 56.8% |
| Debt/Equity | 0.00 | 0.19 | 0.19 | 0.19 | 0.23 | 0.27 |
| Dividends/Share | $5.89 | $6.24 | $5.00 | $4.00 | $3.00 | $2.40 |
| Operating Income | 729M | 729M | 539M | 482M | 527M | 262M |
| Operating Margin | 26.1% | 26.1% | 24.4% | 26.5% | 29.4% | 21.7% |
| ROE | 17.6% | 19.2% | 53.9% | 20.8% | 26.2% | 19.5% |
| Shares Outstanding | 48M | 48M | 49M | 49M | 48M | 48M |
MONOLITHIC POWER SYSTEMS INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
MONOLITHIC POWER SYSTEMS INC trades at 106.7x trailing earnings, compared to its 15-year median P/E of 70.9x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 101.2x vs a median of 64.6x. The company's 5-year average ROIC is 37.7% with a gross margin of 56.4%. Total shareholder yield (dividends) is 0.4%. At current prices, the estimated annualized return to fair value is +34.0%.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a current P/E ratio of 106.7, compared to its historical median P/E of 70.9. The stock is currently considered Expensive based on its historical valuation range.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a 5-year average return on invested capital (ROIC) of 37.7%. This indicates strong capital allocation and a potential competitive advantage.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a market capitalization of $66.3B. It is classified as a large-cap stock.
Yes, MONOLITHIC POWER SYSTEMS INC (MPWR) pays a dividend with a trailing twelve-month yield of 0.43%. The company also returns capital through share buybacks, with a buyback yield of 0.01%.
Based on historical P/E analysis, MONOLITHIC POWER SYSTEMS INC (MPWR) appears expensive. The current P/E of 106.7 is 50% above its historical median of 70.9. The estimated fair value CAGR (P/E method) is 44.6%.
MONOLITHIC POWER SYSTEMS INC (MPWR) operates in the Semiconductors & Related Devices industry, within the Technology sector.
MONOLITHIC POWER SYSTEMS INC (MPWR) reported annual revenue of $2.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a net profit margin of 22.3%. This is a strong margin indicating high profitability.
MONOLITHIC POWER SYSTEMS INC (MPWR) generated $663 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a debt-to-equity ratio of 0.19. This indicates a conservatively financed balance sheet.
MONOLITHIC POWER SYSTEMS INC (MPWR) reported earnings per share (EPS) of $12.86 in its most recent fiscal year.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a return on equity (ROE) of 19.2%. This indicates the company generates strong returns for shareholders.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a 5-year average gross margin of 56.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 17 years of financial data for MONOLITHIC POWER SYSTEMS INC (MPWR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a book value per share of $73.08, based on its most recent annual SEC filing.