Monolithic Power Systems (MPWR) Financials

$785.62 +74.38 (+10.46%)

Closing price 08/1/2025 04:00 PM Eastern

Extended Trading

$788.44 +2.83 (+0.36%)

As of 08:58 AM Eastern

Annual Income Statements for Monolithic Power Systems

This table shows Monolithic Power Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	35	53	65	105	109	164	242	438	427	1,787
Consolidated Net Income / (Loss)	35	53	65	105	109	164	242	438	427	1,787
Net Income / (Loss) Continuing Operations	35	53	65	105	109	164	242	438	427	1,787
Total Pre-Tax Income	42	57	83	118	113	169	272	525	506	573
Total Operating Income	41	54	77	113	103	159	262	527	482	539
Total Gross Profit	180	211	258	323	346	466	685	1,049	1,021	1,221
Total Revenue	333	389	471	582	628	844	1,208	1,794	1,821	2,207
Operating Revenue	333	389	471	582	628	844	1,208	1,794	1,821	2,207
Total Cost of Revenue	153	178	213	260	282	378	522	746	800	986
Operating Cost of Revenue	153	178	213	260	282	378	522	746	800	986
Total Operating Expenses	139	156	181	209	244	307	423	522	539	682
Selling, General & Admin Expense	72	83	97	114	134	162	232	282	276	357
Research & Development Expense	66	74	82	93	108	138	191	240	264	325
Total Other Income / (Expense), net	1.42	2.82	5.52	4.99	11	10	9.80	-1.85	24	34
Other Income / (Expense), net	1.42	2.82	5.52	4.99	11	10	9.80	-1.85	24	34
Income Tax Expense	7.32	4.54	18	13	4.28	4.97	30	87	78	-1,214
Basic Earnings per Share	$0.89	$1.30	$1.58	$2.49	$2.52	$3.67	$5.28	$9.37	$8.98	$36.76
Weighted Average Basic Shares Outstanding	39.47M	40.44M	41.35M	42.25M	43.17M	44.84M	45.85M	46.73M	47.61M	48.60M
Diluted Earnings per Share	$0.86	$1.26	$1.50	$2.36	$2.38	$3.50	$5.05	$9.05	$8.76	$36.59
Weighted Average Diluted Shares Outstanding	40.87M	41.92M	43.58M	44.60M	45.76M	47.01M	47.89M	48.36M	48.77M	48.84M
Weighted Average Basic & Diluted Shares Outstanding	39.50M	40.60M	41.30M	-10.53B	44.60M	45.62M	46.51M	47.31M	48.66M	47.87M
Cash Dividends to Common per Share	$0.80	$0.80	$0.80	$1.20	$1.60	$2.00	$2.40	$3.00	$4.00	$5.00

This table shows Monolithic Power Systems' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	124	119	110	100	121	97	93	100	144	1,449	134
Consolidated Net Income / (Loss)	124	119	110	100	121	97	93	100	144	1,449	134
Net Income / (Loss) Continuing Operations	124	119	110	100	121	97	93	100	144	1,449	134
Total Pre-Tax Income	152	141	130	119	138	120	105	124	174	170	174
Total Operating Income	152	137	124	112	136	110	95	117	164	163	169
Total Gross Profit	291	268	259	248	264	251	252	281	343	344	353
Total Revenue	495	460	451	441	475	454	458	507	620	622	638
Operating Revenue	495	460	451	441	475	454	458	507	620	622	638
Total Cost of Revenue	205	192	192	193	211	203	205	227	277	277	284
Operating Cost of Revenue	205	192	192	193	211	203	205	227	277	277	284
Total Operating Expenses	139	131	135	135	128	142	157	164	179	181	184
Selling, General & Admin Expense	72	69	71	72	63	70	81	86	94	95	92
Research & Development Expense	67	62	64	64	65	71	76	78	85	86	92
Total Other Income / (Expense), net	0.01	3.87	5.30	6.54	2.29	9.98	9.54	7.51	10	6.22	5.13
Other Income / (Expense), net	0.01	3.87	5.30	6.54	2.29	9.98	9.54	7.51	10	6.22	5.13
Income Tax Expense	28	22	20	19	17	23	12	24	30	-1,280	40
Basic Earnings per Share	$2.66	$2.54	$2.32	$2.10	$2.54	$2.02	$1.90	$2.06	$2.96	$29.84	$2.80
Weighted Average Basic Shares Outstanding	46.83M	46.73M	47.23M	47.49M	47.78M	47.61M	48.64M	48.69M	48.76M	48.60M	47.85M
Diluted Earnings per Share	$2.57	$2.46	$2.26	$2.04	$2.48	$1.98	$1.89	$2.05	$2.95	$29.70	$2.79
Weighted Average Diluted Shares Outstanding	48.35M	48.36M	48.66M	48.76M	48.79M	48.77M	48.93M	48.95M	48.96M	48.84M	48.01M
Weighted Average Basic & Diluted Shares Outstanding	46.94M	47.31M	47.42M	47.78M	47.91M	48.66M	48.67M	48.75M	48.78M	47.87M	47.88M
Cash Dividends to Common per Share	$0.75	-	$1.00	$1.00	$1.00	-	$1.25	$1.25	$1.25	-	$1.56

This table details how cash moves in and out of Monolithic Power Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-35	22	-30	90	0.26	162	-146	99	272	131
Net Cash From Operating Activities	70	108	134	141	216	268	320	247	638	788
Net Cash From Continuing Operating Activities	70	108	134	141	216	268	320	247	638	788
Net Income / (Loss) Continuing Operations	35	53	65	105	109	164	242	438	427	1,787
Consolidated Net Income / (Loss)	35	53	65	105	109	164	242	438	427	1,787
Depreciation Expense	14	15	16	12	15	19	29	37	40	36
Amortization Expense	0.46	1.02	1.98	1.35	0.73	2.98	4.67	4.38	-5.28	-20
Non-Cash Adjustments To Reconcile Net Income	35	42	50	61	75	80	119	168	140	196
Changes in Operating Assets and Liabilities, net	-15	-2.95	0.46	-38	17	1.38	-74	-400	36	-1,211
Net Cash From Investing Activities	-57	-56	-134	-15	-167	-39	-379	-13	-179	223
Net Cash From Continuing Investing Activities	-57	-56	-134	-15	-167	-39	-379	-13	-179	223
Purchase of Property, Plant & Equipment	-16	-37	-66	-23	-96	-56	-94	-59	-58	-164
Acquisitions	-	-	0.00	0.00	-0.98	0.00	-0.79	0.00	0.00	-33
Purchase of Investments	-223	-237	-141	-99	-213	-338	-395	-66	-583	-1,083
Sale and/or Maturity of Investments	190	223	78	111	136	357	114	129	468	1,508
Other Investing Activities, net	-8.04	-5.05	-5.26	-4.15	-3.08	-2.70	-2.54	-16	-6.85	-4.81
Net Cash From Financing Activities	-47	-28	-31	-35	-48	-72	-90	-129	-184	-872
Net Cash From Continuing Financing Activities	-47	-28	-31	-35	-48	-72	-90	-129	-184	-872
Repurchase of Common Equity	-32	-	-	-	-	-	0.00	0.00	-3.74	-636
Payment of Dividends	-30	-33	-34	-47	-67	-89	-109	-138	-186	-241
Issuance of Common Equity	2.23	2.46	2.85	14	20	23	22	11	8.69	8.73
Other Financing Activities, net	13	2.51	-0.25	-0.75	-0.68	-5.36	-2.83	-2.06	-2.83	-4.09
Effect of Exchange Rate Changes	-1.29	-2.09	1.63	-	-0.88	4.93	3.40	-6.04	-3.31	-8.47
Cash Income Taxes Paid	-	-	3.62	7.13	11	1.41	21	85	85	80

This table details how cash moves in and out of Monolithic Power Systems' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-27	-28	200	18	-86	140	-73	62	150	-8.54	-54
Net Cash From Operating Activities	-18	52	219	90	176	153	248	141	232	168	256
Net Cash From Continuing Operating Activities	-18	52	219	90	176	153	248	141	232	168	256
Net Income / (Loss) Continuing Operations	124	119	110	100	121	97	93	100	144	1,449	134
Consolidated Net Income / (Loss)	124	119	110	100	121	97	93	100	144	1,449	134
Depreciation Expense	9.66	8.77	9.99	9.95	10	10	8.25	8.69	9.45	10	11
Amortization Expense	1.10	0.69	0.26	-0.20	-1.65	-3.69	-4.12	-5.92	-6.64	-3.46	-0.77
Non-Cash Adjustments To Reconcile Net Income	44	33	34	34	35	36	42	51	47	56	54
Changes in Operating Assets and Liabilities, net	-198	-110	64	-53	11	14	110	-13	37	-1,344	58
Net Cash From Investing Activities	31	-50	12	-12	-213	34	-266	-3.35	-27	519	-257
Net Cash From Continuing Investing Activities	31	-50	12	-12	-213	34	-266	-3.35	-27	519	-257
Purchase of Property, Plant & Equipment	-7.28	-13	-8.85	-7.83	-27	-14	-16	-50	-34	-65	-40
Acquisitions	-	-	0.00	-	-	-	-33	0.00	-	-	0.00
Purchase of Investments	0.00	-47	-129	-82	-281	-90	-366	-224	-352	-141	-358
Sale and/or Maturity of Investments	39	24	153	80	96	140	150	271	359	728	141
Other Investing Activities, net	-0.72	-13	-2.21	-1.65	-0.61	-2.39	-0.65	-0.66	-0.46	-3.04	-0.58
Net Cash From Financing Activities	-33	-36	-32	-50	-47	-54	-50	-74	-63	-685	-56
Net Cash From Continuing Financing Activities	-33	-36	-32	-50	-47	-54	-50	-74	-63	-685	-56
Repurchase of Common Equity	-	-	0.00	-	-	-3.74	-4.08	-4.55	-5.53	-622	0.00
Payment of Dividends	-36	-36	-37	-49	-49	-51	-50	-68	-61	-62	-60
Issuance of Common Equity	4.11	1.01	4.85	0.00	3.84	-	4.61	-	4.12	-	5.34
Other Financing Activities, net	-0.40	-0.47	-0.37	-0.82	-1.54	-0.09	-0.98	-1.03	-0.64	-1.43	-1.24
Effect of Exchange Rate Changes	-6.91	6.24	1.50	-10	-1.63	7.01	-4.82	-1.79	8.16	-10	2.56
Cash Income Taxes Paid	20	24	-1.30	60	15	11	0.73	33	25	21	-0.22

This table presents Monolithic Power Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	431	511	653	793	956	1,208	1,586	2,059	2,434	3,617
Total Current Assets	332	383	449	581	655	842	1,125	1,411	1,819	1,565
Cash & Equivalents	91	113	83	173	173	335	189	289	528	692
Short-Term Investments	144	156	216	205	282	260	536	449	581	171
Accounts Receivable	31	34	38	55	53	67	105	183	180	173
Inventories, net	63	71	99	136	128	157	259	447	384	420
Other Current Assets	2.93	9.04	13	12	20	23	36	43	147	110
Plant, Property, & Equipment, net	65	85	145	150	228	282	363	357	369	495
Total Noncurrent Assets	34	43	59	63	73	85	98	291	246	1,557
Goodwill	6.57	6.57	6.57	6.57	6.57	6.57	6.57	6.57	6.57	26
Intangible Assets	5.05	3.00	0.95	-	-	-	-	-	0.00	9.94
Noncurrent Deferred & Refundable Income Taxes	0.67	0.63	16	17	17	19	22	35	28	1,327
Other Noncurrent Operating Assets	16	27	30	36	49	60	70	249	211	194
Total Liabilities & Shareholders' Equity	431	511	653	793	956	1,208	1,586	2,059	2,434	3,617
Total Liabilities	63	80	131	153	183	242	342	390	384	471
Total Current Liabilities	43	53	66	80	98	147	227	263	235	295
Accounts Payable	13	17	23	23	27	38	83	61	63	103
Accrued Expenses	20	23	28	39	45	63	81	114	116	128
Current Employee Benefit Liabilities	9.81	13	16	19	26	46	63	88	56	64
Total Noncurrent Liabilities	19	27	65	73	85	95	115	127	149	177
Noncurrent Deferred Revenue	2.94	3.87	32	34	38	37	48	54	61	65
Other Noncurrent Operating Liabilities	17	23	33	39	47	58	67	73	89	112
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Total Preferred & Common Equity	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Total Common Equity	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Common Stock	266	316	377	451	550	658	803	975	1,130	707
Retained Earnings	101	119	144	195	229	299	425	716	947	2,487
Accumulated Other Comprehensive Income / (Loss)	1.47	-4.22	1.81	-5.54	-5.48	10	16	-23	-27	-49

This table presents Monolithic Power Systems' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Total Assets	1,931	2,059	2,227	2,221	2,328	2,434	2,579	2,648	2,855	3,617	3,806
Total Current Assets	1,323	1,411	1,623	1,632	1,735	1,819	1,976	1,997	2,160	1,565	1,788
Cash & Equivalents	316	289	489	507	421	528	488	550	700	692	637
Short-Term Investments	420	449	429	434	621	581	798	757	762	171	389
Accounts Receivable	153	183	184	169	186	180	194	158	165	173	215
Inventories, net	397	447	431	427	397	384	396	427	425	420	455
Other Current Assets	37	43	90	95	110	147	100	106	108	110	92
Plant, Property, & Equipment, net	343	357	354	342	358	369	376	401	436	495	527
Total Noncurrent Assets	265	291	250	246	234	246	227	250	258	1,557	1,490
Goodwill	6.57	6.57	6.57	6.57	6.57	6.57	27	26	26	26	26
Intangible Assets	-	-	-	-	-	0.00	9.52	11	10	9.94	9.65
Noncurrent Deferred & Refundable Income Taxes	24	35	36	36	24	28	33	30	31	1,327	1,318
Other Noncurrent Operating Assets	234	249	208	204	204	211	157	184	191	194	136
Total Liabilities & Shareholders' Equity	1,931	2,059	2,227	2,221	2,328	2,434	2,579	2,648	2,855	3,617	3,806
Total Liabilities	401	390	450	382	383	384	465	452	503	471	539
Total Current Liabilities	291	263	316	251	250	235	312	295	337	295	363
Accounts Payable	79	61	58	71	65	63	103	100	116	103	127
Accrued Expenses	109	114	156	113	121	116	138	131	139	128	161
Current Employee Benefit Liabilities	103	88	102	67	65	56	71	64	81	64	75
Total Noncurrent Liabilities	110	127	135	131	133	149	153	157	166	177	175
Noncurrent Deferred Revenue	50	54	57	54	56	61	66	60	65	65	70
Other Noncurrent Operating Liabilities	60	73	78	77	77	89	87	97	102	112	106
Total Equity & Noncontrolling Interests	1,531	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267
Total Preferred & Common Equity	1,531	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267
Total Common Equity	1,531	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267
Common Stock	939	975	1,017	1,055	1,093	1,130	1,176	1,224	1,274	707	765
Retained Earnings	634	716	777	827	899	947	978	1,016	1,099	2,487	2,545
Accumulated Other Comprehensive Income / (Loss)	-42	-23	-18	-43	-47	-27	-41	-44	-21	-49	-43
Other Equity Adjustments	-	-	-	-	-	-	-	-	-	-	0.00

This table displays calculated financial ratios and metrics derived from Monolithic Power Systems' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.89%	16.69%	21.17%	23.67%	7.82%	34.48%	43.03%	48.55%	1.50%	21.20%
EBITDA Growth	14.02%	28.59%	38.47%	30.81%	-2.60%	48.78%	59.57%	85.35%	-4.54%	8.96%
EBIT Growth	16.76%	34.77%	44.84%	42.85%	-4.53%	49.70%	60.75%	92.84%	-3.64%	13.26%
NOPAT Growth	-1.26%	47.45%	21.42%	65.67%	-2.13%	56.28%	51.28%	88.25%	-7.33%	313.27%
Net Income Growth	-0.91%	49.89%	23.68%	61.45%	3.39%	51.03%	47.24%	80.84%	-2.35%	318.06%
EPS Growth	-3.37%	46.51%	19.05%	57.33%	0.85%	47.06%	44.29%	79.21%	-3.20%	317.69%
Operating Cash Flow Growth	-5.93%	54.56%	24.15%	5.70%	52.92%	23.81%	19.49%	-22.92%	158.73%	23.53%
Free Cash Flow Firm Growth	-57.94%	155.86%	-96.44%	7,854.98%	-31.85%	151.12%	-14.84%	-68.11%	1,346.95%	-14.02%
Invested Capital Growth	25.29%	22.89%	38.16%	19.25%	22.55%	16.78%	39.69%	79.36%	1.15%	142.48%
Revenue Q/Q Growth	3.48%	4.49%	5.80%	4.31%	2.15%	8.52%	9.37%	7.39%	-0.33%	8.22%
EBITDA Q/Q Growth	5.78%	12.22%	8.86%	3.91%	1.30%	7.29%	15.45%	11.52%	-4.27%	9.28%
EBIT Q/Q Growth	6.98%	11.92%	11.06%	5.32%	0.66%	6.96%	15.99%	12.61%	-4.03%	9.56%
NOPAT Q/Q Growth	3.54%	13.87%	-6.73%	19.84%	1.61%	6.03%	15.28%	11.70%	-6.26%	317.11%
Net Income Q/Q Growth	3.68%	13.98%	-6.46%	17.36%	4.61%	6.79%	14.03%	11.86%	-4.93%	311.45%
EPS Q/Q Growth	2.38%	14.55%	-7.41%	16.26%	4.39%	6.06%	13.23%	11.87%	-5.19%	312.51%
Operating Cash Flow Q/Q Growth	5.76%	6.59%	20.08%	-3.93%	6.60%	7.49%	-13.85%	10.78%	18.83%	1.86%
Free Cash Flow Firm Q/Q Growth	-52.09%	84.63%	-95.52%	113.22%	-3.72%	3.10%	-39.45%	42.48%	21.44%	-18.20%
Invested Capital Q/Q Growth	7.65%	3.74%	8.53%	0.98%	1.80%	3.16%	23.35%	17.12%	4.31%	156.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.09%	54.26%	54.85%	55.40%	55.15%	55.18%	56.75%	58.44%	56.07%	55.32%
EBITDA Margin	17.03%	18.77%	21.45%	22.69%	20.50%	22.68%	25.30%	31.57%	29.69%	26.70%
Operating Margin	12.33%	14.01%	16.44%	19.49%	16.33%	18.81%	21.73%	29.36%	26.45%	24.44%
EBIT Margin	12.76%	14.73%	17.61%	20.34%	18.02%	20.05%	22.54%	29.26%	27.78%	25.96%
Profit (Net Income) Margin	10.56%	13.56%	13.85%	18.08%	17.33%	19.47%	20.04%	24.39%	23.47%	80.95%
Tax Burden Percent	82.78%	92.06%	78.61%	88.85%	96.22%	97.07%	88.91%	83.38%	84.49%	311.86%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	17.22%	7.94%	21.39%	11.15%	3.78%	2.93%	11.09%	16.62%	15.51%	-211.86%
Return on Invested Capital (ROIC)	29.50%	35.09%	32.44%	42.26%	34.17%	44.73%	52.41%	60.60%	43.48%	104.34%
ROIC Less NNEP Spread (ROIC-NNEP)	29.01%	34.08%	30.94%	40.96%	31.73%	42.80%	51.09%	60.81%	41.27%	93.72%
Return on Net Nonoperating Assets (RNNOA)	-19.66%	-21.90%	-18.76%	-24.14%	-18.77%	-25.84%	-30.51%	-30.54%	-20.49%	-35.56%
Return on Equity (ROE)	9.84%	13.19%	13.68%	18.12%	15.40%	18.89%	21.90%	30.05%	22.99%	68.78%
Cash Return on Invested Capital (CROIC)	7.05%	14.55%	0.39%	24.69%	13.90%	29.25%	19.29%	3.78%	42.33%	21.13%
Operating Return on Assets (OROA)	10.23%	12.15%	14.26%	16.39%	12.93%	15.64%	19.48%	28.81%	22.52%	18.93%
Return on Assets (ROA)	8.47%	11.19%	11.21%	14.56%	12.44%	15.19%	17.32%	24.02%	19.02%	59.05%
Return on Common Equity (ROCE)	9.84%	13.19%	13.68%	18.12%	15.40%	18.89%	21.90%	30.05%	22.99%	68.78%
Return on Equity Simple (ROE_SIMPLE)	9.54%	12.23%	12.49%	16.45%	14.07%	17.01%	19.46%	26.23%	20.85%	56.80%
Net Operating Profit after Tax (NOPAT)	34	50	61	101	99	154	233	439	407	1,682
NOPAT Margin	10.21%	12.90%	12.92%	17.31%	15.72%	18.26%	19.32%	24.48%	22.35%	76.21%
Net Nonoperating Expense Percent (NNEP)	0.49%	1.01%	1.50%	1.30%	2.43%	1.93%	1.32%	-0.21%	2.21%	10.62%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	26.32%	19.85%	53.47%
Cost of Revenue to Revenue	45.91%	45.74%	45.15%	44.60%	44.85%	44.82%	43.25%	41.56%	43.93%	44.68%
SG&A Expenses to Revenue	21.71%	21.36%	20.65%	19.54%	21.27%	19.15%	19.24%	15.70%	15.14%	16.16%
R&D to Revenue	19.75%	18.95%	17.49%	16.05%	17.16%	16.29%	15.78%	13.39%	14.48%	14.71%
Operating Expenses to Revenue	41.76%	40.25%	38.40%	35.92%	38.82%	36.36%	35.03%	29.08%	29.62%	30.88%
Earnings before Interest and Taxes (EBIT)	42	57	83	118	113	169	272	525	506	573
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	57	73	101	132	129	192	306	566	541	589
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	7.27	8.47	7.37	9.67	16.67	17.94	9.80	14.64	9.18
Price to Tangible Book Value (P/TBV)	0.00	7.43	8.59	7.45	9.76	16.79	18.04	9.84	14.69	9.28
Price to Revenue (P/Rev)	0.00	8.06	9.39	8.10	11.91	19.08	18.48	9.12	16.48	13.08
Price to Earnings (P/E)	0.00	59.43	67.80	44.82	68.74	98.04	92.21	37.38	70.23	16.15
Dividend Yield	1.35%	1.04%	0.75%	1.08%	0.93%	0.56%	0.50%	0.86%	0.64%	0.85%
Earnings Yield	0.00%	1.68%	1.47%	2.23%	1.45%	1.02%	1.08%	2.68%	1.42%	6.19%
Enterprise Value to Invested Capital (EV/IC)	0.00	18.15	18.91	16.71	22.09	41.78	41.61	16.78	30.70	12.27
Enterprise Value to Revenue (EV/Rev)	0.00	7.36	8.74	7.45	11.19	18.38	17.88	8.71	15.87	12.69
Enterprise Value to EBITDA (EV/EBITDA)	0.00	39.20	40.75	32.83	54.58	81.04	70.66	27.58	53.46	47.52
Enterprise Value to EBIT (EV/EBIT)	0.00	49.94	49.63	36.61	62.11	91.65	79.32	29.76	57.15	48.87
Enterprise Value to NOPAT (EV/NOPAT)	0.00	57.05	67.63	43.02	71.20	100.64	92.55	35.56	71.02	16.65
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	26.53	30.76	30.67	32.48	57.95	67.47	63.32	45.29	35.51
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	137.61	5,557.58	73.63	174.96	153.91	251.42	570.36	72.95	82.18
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.68	-0.64	-0.61	-0.59	-0.59	-0.60	-0.60	-0.50	-0.50	-0.38
Leverage Ratio	1.16	1.18	1.22	1.24	1.24	1.24	1.26	1.25	1.21	1.16
Compound Leverage Factor	1.16	1.18	1.22	1.24	1.24	1.24	1.26	1.25	1.21	1.16
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	25.73	22.47	20.79	26.63	42.17	41.55	28.02	49.61	39.26
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	7.67	7.24	6.81	7.22	6.67	5.73	4.96	5.36	7.74	5.31
Quick Ratio	6.14	5.72	5.11	5.38	5.17	4.50	3.66	3.50	5.48	3.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	8.12	21	0.74	59	40	101	86	27	396	341
Operating Cash Flow to CapEx	444.63%	290.43%	203.47%	627.95%	249.95%	481.57%	338.92%	419.21%	1,108.43%	479.88%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.82	0.81	0.81	0.72	0.78	0.86	0.98	0.81	0.73
Accounts Receivable Turnover	11.80	11.94	13.03	12.49	11.64	14.13	14.07	12.48	10.05	12.53
Inventory Turnover	2.94	2.64	2.49	2.20	2.13	2.66	2.51	2.11	1.93	2.46
Fixed Asset Turnover	5.19	5.16	4.10	3.95	3.32	3.31	3.75	4.98	5.02	5.11
Accounts Payable Turnover	11.49	11.50	10.57	11.42	11.28	11.57	8.62	10.32	12.86	11.92
Days Sales Outstanding (DSO)	30.94	30.56	28.01	29.22	31.37	25.84	25.94	29.25	36.34	29.14
Days Inventory Outstanding (DIO)	124.29	138.24	146.54	165.60	171.02	137.21	145.51	172.98	189.58	148.65
Days Payable Outstanding (DPO)	31.78	31.73	34.54	31.97	32.37	31.55	42.34	35.37	28.38	30.62
Cash Conversion Cycle (CCC)	123.44	137.07	140.02	162.86	170.01	131.49	129.11	166.86	197.53	147.17
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	128	158	218	260	318	371	519	931	941	2,283
Invested Capital Turnover	2.89	2.72	2.51	2.44	2.17	2.45	2.71	2.48	1.95	1.37
Increase / (Decrease) in Invested Capital	26	29	60	42	59	53	147	412	11	1,341
Enterprise Value (EV)	0.00	2,860	4,116	4,338	7,026	15,520	21,592	15,620	28,907	28,000
Market Capitalization	0.00	3,133	4,421	4,719	7,481	16,116	22,317	16,358	30,016	28,863
Book Value per Share	$9.34	$10.60	$12.57	$15.09	$17.81	$21.43	$26.99	$35.55	$42.79	$64.49
Tangible Book Value per Share	$9.04	$10.36	$12.39	$14.94	$17.66	$21.29	$26.85	$35.41	$42.65	$63.75
Total Capital	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-240	-274	-304	-381	-455	-595	-725	-738	-1,108	-863
Capital Expenditures (CapEx)	16	37	66	23	87	56	94	59	58	164
Debt-free, Cash-free Net Working Capital (DFCFNWC)	54	62	84	123	102	100	173	409	476	408
Debt-free Net Working Capital (DFNWC)	289	330	383	500	557	695	898	1,147	1,584	1,270
Net Working Capital (NWC)	289	330	383	500	557	695	898	1,147	1,584	1,270
Net Nonoperating Expense (NNE)	-1.18	-2.59	-4.34	-4.44	-10	-10	-8.71	1.54	-20	-105
Net Nonoperating Obligations (NNO)	-240	-274	-304	-381	-455	-595	-725	-738	-1,108	-863
Total Depreciation and Amortization (D&A)	14	16	18	14	16	22	33	41	35	16
Debt-free, Cash-free Net Working Capital to Revenue	16.12%	15.91%	17.87%	21.14%	16.18%	11.83%	14.31%	22.82%	26.14%	18.47%
Debt-free Net Working Capital to Revenue	86.66%	84.92%	81.38%	85.92%	88.70%	82.31%	74.34%	63.94%	87.01%	57.56%
Net Working Capital to Revenue	86.66%	84.92%	81.38%	85.92%	88.70%	82.31%	74.34%	63.94%	87.01%	57.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.89	$1.30	$1.58	$2.49	$2.52	$3.67	$5.28	$9.37	$8.98	$36.76
Adjusted Weighted Average Basic Shares Outstanding	39.47M	40.44M	41.35M	42.25M	43.17M	44.84M	45.85M	46.73M	47.61M	48.60M
Adjusted Diluted Earnings per Share	$0.86	$1.26	$1.50	$2.36	$2.38	$3.50	$5.05	$9.05	$8.76	$36.59
Adjusted Weighted Average Diluted Shares Outstanding	40.87M	41.92M	43.58M	44.60M	45.76M	47.01M	47.89M	48.36M	48.77M	48.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	40.20M	41.17M	42.13M	42.92M	44.60M	45.62M	46.51M	47.31M	48.66M	47.87M
Normalized Net Operating Profit after Tax (NOPAT)	34	50	61	101	101	162	233	439	407	378
Normalized NOPAT Margin	10.21%	12.90%	12.92%	17.31%	16.09%	19.16%	19.32%	24.48%	22.35%	17.11%
Pre Tax Income Margin	12.76%	14.73%	17.61%	20.34%	18.02%	20.05%	22.54%	29.26%	27.78%	25.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	85.20%	62.78%	52.03%	45.10%	61.83%	54.01%	45.19%	31.52%	43.49%	13.47%
Augmented Payout Ratio	176.99%	62.78%	52.03%	45.10%	61.83%	54.01%	45.19%	31.52%	44.36%	49.08%

This table displays calculated financial ratios and metrics derived from Monolithic Power Systems' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	53.13%	36.70%	19.42%	-4.31%	-4.15%	-1.30%	1.51%	15.03%	30.59%	36.93%	39.24%
EBITDA Growth	87.03%	63.77%	31.95%	-12.86%	-10.10%	-16.07%	-21.93%	-1.40%	21.13%	39.68%	69.09%
EBIT Growth	94.90%	71.74%	35.68%	-13.11%	-9.23%	-15.07%	-18.94%	4.36%	26.44%	41.81%	65.57%
NOPAT Growth	82.65%	66.24%	31.49%	-20.95%	-4.17%	-23.31%	-20.11%	0.28%	14.07%	1,471.92%	54.33%
Net Income Growth	80.80%	63.88%	38.00%	-13.23%	-2.55%	-18.63%	-15.72%	0.87%	19.20%	1,395.65%	44.57%
EPS Growth	78.47%	64.00%	36.97%	-13.92%	-3.50%	-19.51%	-16.37%	0.49%	18.95%	1,400.00%	47.62%
Operating Cash Flow Growth	-115.44%	85.08%	103.69%	-14.30%	1,067.32%	193.69%	13.37%	56.32%	31.72%	9.37%	3.36%
Free Cash Flow Firm Growth	-3,425.99%	-280.65%	-123.70%	-157.00%	104.51%	126.38%	157.61%	153.94%	1,225.64%	-29.83%	-1,209.59%
Invested Capital Growth	88.90%	79.36%	55.39%	47.01%	13.58%	1.15%	-3.67%	-1.11%	-1.47%	142.48%	170.85%
Revenue Q/Q Growth	7.47%	-7.15%	-1.94%	-2.20%	7.65%	-4.39%	0.85%	10.82%	22.21%	0.25%	2.56%
EBITDA Q/Q Growth	10.19%	-7.63%	-6.93%	-8.01%	13.68%	-13.76%	-13.43%	16.19%	39.65%	-0.56%	4.80%
EBIT Q/Q Growth	11.02%	-7.32%	-7.95%	-8.26%	15.97%	-13.28%	-12.14%	18.11%	40.52%	-2.74%	2.57%
NOPAT Q/Q Growth	4.53%	-6.85%	-9.07%	-10.72%	26.72%	-25.46%	-5.27%	12.07%	44.15%	927.23%	-90.70%
Net Income Q/Q Growth	8.42%	-4.22%	-7.80%	-9.38%	21.77%	-20.02%	-4.50%	8.46%	43.90%	903.51%	-90.77%
EPS Q/Q Growth	8.44%	-4.28%	-8.13%	-9.73%	21.57%	-20.16%	-4.55%	8.47%	43.90%	906.78%	-90.61%
Operating Cash Flow Q/Q Growth	-117.28%	387.07%	319.15%	-58.78%	95.05%	-12.84%	61.79%	-43.17%	64.36%	-27.63%	52.90%
Free Cash Flow Firm Q/Q Growth	-231.86%	-18.57%	32.17%	3.71%	105.82%	594.07%	48.12%	-9.84%	43.02%	-63.26%	-2,442.09%
Invested Capital Q/Q Growth	30.01%	17.12%	-7.74%	4.65%	0.44%	4.31%	-12.14%	7.43%	0.08%	156.69%	-1.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.72%	58.22%	57.37%	56.15%	55.50%	55.31%	55.13%	55.29%	55.38%	55.40%	55.40%
EBITDA Margin	32.83%	32.66%	31.00%	29.16%	30.79%	27.77%	23.84%	24.99%	28.56%	28.33%	28.95%
Operating Margin	30.66%	29.76%	27.55%	25.46%	28.55%	24.13%	20.85%	22.97%	26.45%	26.27%	26.47%
EBIT Margin	30.66%	30.60%	28.73%	26.95%	29.03%	26.33%	22.94%	24.45%	28.11%	27.27%	27.27%
Profit (Net Income) Margin	25.10%	25.89%	24.34%	22.56%	25.52%	21.34%	20.21%	19.78%	23.29%	233.14%	20.99%
Tax Burden Percent	81.87%	84.60%	84.74%	83.71%	87.89%	81.06%	88.11%	80.91%	82.86%	854.93%	76.94%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	18.13%	15.40%	15.26%	16.29%	12.11%	18.94%	11.89%	19.09%	17.14%	-754.93%	23.06%
Return on Invested Capital (ROIC)	69.00%	62.32%	61.79%	52.17%	54.02%	38.06%	39.85%	39.39%	49.89%	307.46%	31.69%
ROIC Less NNEP Spread (ROIC-NNEP)	69.00%	61.87%	61.26%	51.54%	53.80%	37.18%	39.08%	38.85%	49.21%	302.07%	31.35%
Return on Net Nonoperating Assets (RNNOA)	-37.86%	-31.08%	-33.39%	-27.69%	-27.53%	-18.46%	-22.14%	-21.64%	-28.69%	-114.61%	-13.48%
Return on Equity (ROE)	31.13%	31.24%	28.40%	24.48%	26.50%	19.60%	17.70%	17.75%	21.20%	192.85%	18.21%
Cash Return on Invested Capital (CROIC)	3.16%	3.78%	22.45%	20.16%	38.45%	42.33%	49.53%	44.34%	46.49%	21.13%	21.63%
Operating Return on Assets (OROA)	29.89%	30.13%	27.23%	24.85%	24.91%	21.34%	17.45%	19.02%	22.12%	19.89%	20.39%
Return on Assets (ROA)	24.47%	25.49%	23.07%	20.81%	21.89%	17.30%	15.38%	15.39%	18.33%	170.06%	15.69%
Return on Common Equity (ROCE)	31.13%	31.24%	28.40%	24.48%	26.50%	19.60%	17.70%	17.75%	21.20%	192.85%	18.21%
Return on Equity Simple (ROE_SIMPLE)	25.56%	0.00%	26.34%	24.62%	23.12%	0.00%	19.40%	18.72%	18.47%	0.00%	55.95%
Net Operating Profit after Tax (NOPAT)	124	116	105	94	119	89	84	94	136	1,396	130
NOPAT Margin	25.10%	25.18%	23.35%	21.32%	25.09%	19.56%	18.37%	18.58%	21.92%	224.58%	20.37%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.45%	0.53%	0.63%	0.23%	0.88%	0.76%	0.54%	0.68%	5.40%	0.34%
Return On Investment Capital (ROIC_SIMPLE)	-	6.94%	-	-	-	4.33%	-	-	-	44.38%	3.97%
Cost of Revenue to Revenue	41.28%	41.78%	42.63%	43.85%	44.50%	44.69%	44.87%	44.71%	44.62%	44.60%	44.60%
SG&A Expenses to Revenue	14.49%	15.05%	15.70%	16.25%	13.31%	15.44%	17.68%	16.97%	15.22%	15.34%	14.47%
R&D to Revenue	13.58%	13.41%	14.12%	14.44%	13.64%	15.74%	16.60%	15.36%	13.72%	13.80%	14.47%
Operating Expenses to Revenue	28.06%	28.46%	29.82%	30.68%	26.95%	31.18%	34.28%	32.33%	28.93%	29.13%	28.93%
Earnings before Interest and Taxes (EBIT)	152	141	130	119	138	120	105	124	174	170	174
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	163	150	140	129	146	126	109	127	177	176	185
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.96	9.80	13.21	13.83	11.28	14.64	15.57	18.21	19.17	9.18	8.50
Price to Tangible Book Value (P/TBV)	11.01	9.84	13.26	13.88	11.32	14.69	15.85	18.52	19.47	9.28	8.59
Price to Revenue (P/Rev)	10.04	9.12	12.56	13.77	12.00	16.48	18.01	21.11	22.10	13.08	11.63
Price to Earnings (P/E)	42.88	37.38	50.14	56.18	48.79	70.23	80.25	97.31	103.79	16.15	15.19
Dividend Yield	0.79%	0.86%	0.66%	0.65%	0.82%	0.64%	0.63%	0.55%	0.51%	0.85%	0.92%
Earnings Yield	2.33%	2.68%	1.99%	1.78%	2.05%	1.42%	1.25%	1.03%	0.96%	6.19%	6.58%
Enterprise Value to Invested Capital (EV/IC)	20.19	16.78	26.25	27.26	23.15	30.70	38.23	43.53	49.04	12.27	11.93
Enterprise Value to Revenue (EV/Rev)	9.60	8.71	12.07	13.26	11.43	15.87	17.30	20.42	21.38	12.69	11.20
Enterprise Value to EBITDA (EV/EBITDA)	31.58	27.58	37.56	42.14	36.98	53.46	62.01	76.11	80.88	47.52	40.23
Enterprise Value to EBIT (EV/EBIT)	34.41	29.76	40.33	45.27	39.64	57.15	65.71	79.52	83.39	48.87	41.66
Enterprise Value to NOPAT (EV/NOPAT)	40.79	35.56	48.54	55.72	48.11	71.02	81.94	100.17	108.14	16.65	15.32
Enterprise Value to Operating Cash Flow (EV/OCF)	72.04	63.32	62.96	71.41	38.90	45.29	47.38	53.86	56.34	35.51	33.55
Enterprise Value to Free Cash Flow (EV/FCFF)	834.51	570.36	142.33	160.91	64.02	72.95	75.76	97.64	104.71	82.18	80.58
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.55	-0.50	-0.55	-0.54	-0.51	-0.50	-0.57	-0.56	-0.58	-0.38	-0.43
Leverage Ratio	1.27	1.25	1.27	1.23	1.23	1.21	1.24	1.21	1.21	1.16	1.19
Compound Leverage Factor	1.27	1.25	1.27	1.23	1.23	1.21	1.24	1.21	1.21	1.16	1.19
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	27.36	27.40	33.48	42.27	36.63	49.08	44.60	55.23	55.98	38.89	33.08
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.55	5.36	5.14	6.51	6.94	7.74	6.34	6.77	6.42	5.31	4.92
Quick Ratio	3.06	3.50	3.49	4.42	4.91	5.48	4.75	4.96	4.83	3.52	3.42
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-250	-296	-201	-193	11	78	116	104	149	55	-1,283
Operating Cash Flow to CapEx	-249.76%	406.53%	2,471.28%	1,152.23%	649.32%	1,110.48%	1,551.19%	283.75%	685.15%	258.76%	635.53%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.98	0.98	0.95	0.92	0.86	0.81	0.76	0.78	0.79	0.73	0.75
Accounts Receivable Turnover	14.32	12.48	12.26	12.54	10.77	10.05	9.65	11.58	11.64	12.53	11.66
Inventory Turnover	2.30	2.11	2.10	1.99	1.99	1.93	1.97	1.98	2.22	2.46	2.50
Fixed Asset Turnover	4.89	4.98	5.16	5.29	5.21	5.02	5.01	5.10	5.13	5.11	5.29
Accounts Payable Turnover	9.23	10.32	12.02	10.54	11.01	12.86	10.07	9.93	10.10	11.92	9.23
Days Sales Outstanding (DSO)	25.48	29.25	29.77	29.11	33.88	36.34	37.81	31.51	31.37	29.14	31.30
Days Inventory Outstanding (DIO)	158.76	172.98	173.79	183.58	183.76	189.58	185.58	184.15	164.56	148.65	145.78
Days Payable Outstanding (DPO)	39.53	35.37	30.35	34.65	33.15	28.38	36.24	36.76	36.14	30.62	39.54
Cash Conversion Cycle (CCC)	144.71	166.86	173.20	178.04	184.49	197.53	187.15	178.91	159.79	147.17	137.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	795	931	859	899	903	941	827	889	889	2,283	2,240
Invested Capital Turnover	2.75	2.48	2.65	2.45	2.15	1.95	2.17	2.12	2.28	1.37	1.56
Increase / (Decrease) in Invested Capital	374	412	306	287	108	11	-32	-9.99	-13	1,341	1,413
Enterprise Value (EV)	16,041	15,620	22,545	24,493	20,892	28,907	31,627	38,686	43,609	28,000	26,735
Market Capitalization	16,777	16,358	23,462	25,434	21,934	30,016	32,913	39,993	45,071	28,863	27,761
Book Value per Share	$32.72	$35.55	$37.55	$38.78	$40.71	$42.79	$43.43	$45.12	$48.24	$64.49	$68.25
Tangible Book Value per Share	$32.57	$35.41	$37.41	$38.64	$40.57	$42.65	$42.68	$44.36	$47.49	$63.75	$67.51
Total Capital	1,531	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-736	-738	-918	-940	-1,042	-1,108	-1,286	-1,307	-1,462	-863	-1,027
Capital Expenditures (CapEx)	7.28	13	8.85	7.83	27	14	16	50	34	65	40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	296	409	389	441	443	476	378	395	362	408	398
Debt-free Net Working Capital (DFNWC)	1,032	1,147	1,307	1,382	1,485	1,584	1,665	1,702	1,824	1,270	1,425
Net Working Capital (NWC)	1,032	1,147	1,307	1,382	1,485	1,584	1,665	1,702	1,824	1,270	1,425
Net Nonoperating Expense (NNE)	-0.00	-3.28	-4.49	-5.48	-2.01	-8.09	-8.41	-6.08	-8.52	-53	-3.95
Net Nonoperating Obligations (NNO)	-736	-738	-918	-940	-1,042	-1,108	-1,286	-1,307	-1,462	-863	-1,027
Total Depreciation and Amortization (D&A)	11	9.46	10	9.75	8.35	6.54	4.13	2.77	2.80	6.58	11
Debt-free, Cash-free Net Working Capital to Revenue	17.74%	22.82%	20.84%	23.87%	24.25%	26.14%	20.69%	20.85%	17.73%	18.47%	16.69%
Debt-free Net Working Capital to Revenue	61.80%	63.94%	69.98%	74.77%	81.30%	87.01%	91.07%	89.87%	89.43%	57.56%	59.70%
Net Working Capital to Revenue	61.80%	63.94%	69.98%	74.77%	81.30%	87.01%	91.07%	89.87%	89.43%	57.56%	59.70%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.66	$2.54	$2.32	$2.10	$2.54	$2.02	$1.90	$2.06	$2.96	$29.84	$2.80
Adjusted Weighted Average Basic Shares Outstanding	46.83M	46.73M	47.23M	47.49M	47.78M	47.61M	48.64M	48.69M	48.76M	48.60M	47.85M
Adjusted Diluted Earnings per Share	$2.57	$2.46	$2.26	$2.04	$2.48	$1.98	$1.89	$2.05	$2.95	$29.70	$2.79
Adjusted Weighted Average Diluted Shares Outstanding	48.35M	48.36M	48.66M	48.76M	48.79M	48.77M	48.93M	48.95M	48.96M	48.84M	48.01M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.94M	47.31M	47.42M	47.78M	47.91M	48.66M	48.67M	48.75M	48.78M	47.87M	47.88M
Normalized Net Operating Profit after Tax (NOPAT)	124	116	105	94	119	89	84	94	136	114	130
Normalized NOPAT Margin	25.10%	25.18%	23.35%	21.32%	25.09%	19.56%	18.37%	18.58%	21.92%	18.39%	20.37%
Pre Tax Income Margin	30.66%	30.60%	28.73%	26.95%	29.03%	26.33%	22.94%	24.45%	28.11%	27.27%	27.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	33.28%	31.52%	31.17%	35.02%	38.19%	43.49%	48.44%	52.94%	52.82%	13.47%	13.74%
Augmented Payout Ratio	33.28%	31.52%	31.17%	35.02%	38.19%	44.36%	50.35%	55.95%	56.94%	49.08%	48.32%

Key Financial Trends

Monolithic Power Systems (NASDAQ: MPWR) has shown consistent revenue growth over the last four years, with Q1 2025 revenue reaching $637.55 million, up from $451.07 million in Q1 2023 and $460.01 million in Q4 2022. This growth demonstrates strong demand for their products in the semiconductor and power management sectors.

Profitability has remained robust with gross profit increasing to $353.23 million in Q1 2025, compared to $258.78 million in Q1 2023 and $267.81 million in Q4 2022. Operating income also improved to $168.76 million in Q1 2025 from $124.28 million in Q1 2023 and $136.89 million in Q4 2022, indicating efficient management of operating expenses amidst growing revenues.

Research and development (R&D) expenses have steadily increased, reaching $92.23 million in Q1 2025 versus $63.71 million in Q1 2023, reflecting the company’s focus on innovation and product development, vital in the fast-evolving semiconductor industry.

Strong net income performance is evident, with Q1 2025 net income reported at $133.79 million, and a basic earnings per share (EPS) of $2.80, highlighting healthy profitability on a per-share basis. The company maintains a solid dividend policy, with cash dividends per share consistently rising from $1.00 per share in 2023 quarters to $1.56 in Q1 2025.

From the balance sheet perspective, total assets have grown substantially, with $3.81 billion in Q1 2025 compared to $2.23 billion in Q1 2023 and $2.06 billion in Q4 2022. The increase is driven by higher cash & equivalents ($637.35 million in Q1 2025, up from $488.27 million in Q1 2023) and substantial investments in inventories and short-term investments. The company’s equity base has also strengthened, with total common equity rising to $3.27 billion in Q1 2025 from $1.78 billion in Q1 2023, reflecting retained earnings growth and capital management.

Operating cash flow remains strong, exemplified by $256.39 million generated in Q1 2025, indicative of good cash conversion from earnings. However, investing activities show significant cash outflows ($257.49 million in Q1 2025), primarily due to purchases of property, plant & equipment and investments, signifying ongoing investment in growth and infrastructure.

Financing cash flows indicate dividend payments ($60 million in Q1 2025) as a use of cash with no share repurchases reported recently, pointing to allocated capital returning value to shareholders.

Consistent revenue growth quarter-over-quarter and year-over-year, reaching $637.55 million in Q1 2025.
Improving operating income and gross profit margins, indicating operational efficiency.
Increased R&D spending signaling commitment to innovation and future product pipeline.
Strong net income and EPS growth with healthy dividend increases, supporting shareholder returns.
Growing total assets and equity reflect financial strength and capacity for expansion.
Robust operating cash flow generation, supporting operations and growth capital expenditures.
Large investments in property, plant, equipment, and securities may pressure short-term free cash flow.
Stable dividend payments indicate a balance between rewarding shareholders and reinvesting earnings.
No recent share repurchase activity, which might limit share count reduction and EPS accretion.
Non-cash adjustments and changes in working capital have notable impacts on cash flow but are typical for growth tech companies.

Overall, Monolithic Power Systems demonstrates solid financial health with ongoing growth, sizeable investments in R&D and assets, and shareholder-friendly policies. Investors should monitor the company’s ability to manage capital expenditures while sustaining strong operating cash flows and profitability.

08/04/25 07:59 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Monolithic Power Systems' Financials

When does Monolithic Power Systems' financial year end?

According to the most recent income statement we have on file, Monolithic Power Systems' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Monolithic Power Systems' net income changed over the last 9 years?

Monolithic Power Systems' net income appears to be on an upward trend, with a most recent value of $1.79 billion in 2024, rising from $35.17 million in 2015. The previous period was $427.37 million in 2023. View Monolithic Power Systems' forecast to see where analysts expect Monolithic Power Systems to go next.

What is Monolithic Power Systems' operating income?

Monolithic Power Systems' total operating income in 2024 was $539.36 million, based on the following breakdown:

Total Gross Profit: $1.22 billion
Total Operating Expenses: $681.51 million

How has Monolithic Power Systems' revenue changed over the last 9 years?

Over the last 9 years, Monolithic Power Systems' total revenue changed from $333.07 million in 2015 to $2.21 billion in 2024, a change of 562.7%.

How much debt does Monolithic Power Systems have?

Monolithic Power Systems' total liabilities were at $471.33 million at the end of 2024, a 22.6% increase from 2023, and a 650.9% increase since 2015.

How much cash does Monolithic Power Systems have?

In the past 9 years, Monolithic Power Systems' cash and equivalents has ranged from $82.76 million in 2017 to $691.82 million in 2024, and is currently $691.82 million as of their latest financial filing in 2024.

How has Monolithic Power Systems' book value per share changed over the last 9 years?

Over the last 9 years, Monolithic Power Systems' book value per share changed from 9.34 in 2015 to 64.49 in 2024, a change of 590.7%.

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This page (NASDAQ:MPWR) was last updated on 8/4/2025 by MarketBeat.com Staff

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Monolithic Power Systems (MPWR) Financials

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Monolithic Power Systems (MPWR) Financials

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