Monolithic Power Systems (MPWR) Financials

$844.00 +23.26 (+2.83%)

Closing price 08/22/2025 04:00 PM Eastern

Extended Trading

$845.22 +1.23 (+0.15%)

As of 08/22/2025 07:59 PM 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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	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	35	53	65	105	109	164	242	438	427	1,787
Consolidated Net Income / (Loss)	35	35	53	65	105	109	164	242	438	427	1,787
Net Income / (Loss) Continuing Operations	35	35	53	65	105	109	164	242	438	427	1,787
Total Pre-Tax Income	36	42	57	83	118	113	169	272	525	506	573
Total Operating Income	35	41	54	77	113	103	159	262	527	482	539
Total Gross Profit	153	180	211	258	323	346	466	685	1,049	1,021	1,221
Total Revenue	283	333	389	471	582	628	844	1,208	1,794	1,821	2,207
Operating Revenue	283	333	389	471	582	628	844	1,208	1,794	1,821	2,207
Total Cost of Revenue	130	153	178	213	260	282	378	522	746	800	986
Operating Cost of Revenue	130	153	178	213	260	282	378	522	746	800	986
Total Operating Expenses	117	139	156	181	209	244	307	423	522	539	682
Selling, General & Admin Expense	67	72	83	97	114	134	162	232	282	276	357
Research & Development Expense	59	66	74	82	93	108	138	191	240	264	325
Total Other Income / (Expense), net	1.09	1.42	2.82	5.52	4.99	11	10	9.80	-1.85	24	34
Other Income / (Expense), net	1.09	1.42	2.82	5.52	4.99	11	10	9.80	-1.85	24	34
Income Tax Expense	0.90	7.32	4.54	18	13	4.28	4.97	30	87	78	-1,214
Basic Earnings per Share	$0.92	$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	38.69M	39.47M	40.44M	41.35M	42.25M	43.17M	44.84M	45.85M	46.73M	47.61M	48.60M
Diluted Earnings per Share	$0.89	$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	39.79M	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	38.60M	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	$0.45	$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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	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	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	119	110	100	121	97	93	100	144	1,449	134	134
Consolidated Net Income / (Loss)	119	110	100	121	97	93	100	144	1,449	134	134
Net Income / (Loss) Continuing Operations	119	110	100	121	97	93	100	144	1,449	134	134
Total Pre-Tax Income	141	130	119	138	120	105	124	174	170	174	177
Total Operating Income	137	124	112	136	110	95	117	164	163	169	165
Total Gross Profit	268	259	248	264	251	252	281	343	344	353	366
Total Revenue	460	451	441	475	454	458	507	620	622	638	665
Operating Revenue	460	451	441	475	454	458	507	620	622	638	665
Total Cost of Revenue	192	192	193	211	203	205	227	277	277	284	299
Operating Cost of Revenue	192	192	193	211	203	205	227	277	277	284	299
Total Operating Expenses	131	135	135	128	142	157	164	179	181	184	201
Selling, General & Admin Expense	69	71	72	63	70	81	86	94	95	92	105
Research & Development Expense	62	64	64	65	71	76	78	85	86	92	96
Total Other Income / (Expense), net	3.87	5.30	6.54	2.29	9.98	9.54	7.51	10	6.22	5.13	12
Other Income / (Expense), net	3.87	5.30	6.54	2.29	9.98	9.54	7.51	10	6.22	5.13	12
Income Tax Expense	22	20	19	17	23	12	24	30	-1,280	40	43
Basic Earnings per Share	$2.54	$2.32	$2.10	$2.54	$2.02	$1.90	$2.06	$2.96	$29.84	$2.80	$2.79
Weighted Average Basic Shares Outstanding	46.73M	47.23M	47.49M	47.78M	47.61M	48.64M	48.69M	48.76M	48.60M	47.85M	47.89M
Diluted Earnings per Share	$2.46	$2.26	$2.04	$2.48	$1.98	$1.89	$2.05	$2.95	$29.70	$2.79	$2.78
Weighted Average Diluted Shares Outstanding	48.36M	48.66M	48.76M	48.79M	48.77M	48.93M	48.95M	48.96M	48.84M	48.01M	48.02M
Weighted Average Basic & Diluted Shares Outstanding	47.31M	47.42M	47.78M	47.91M	48.66M	48.67M	48.75M	48.78M	47.87M	47.88M	47.89M
Cash Dividends to Common per Share	-	$1.00	$1.00	$1.00	-	$1.25	$1.25	$1.25	-	$1.56	$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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	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	25	-35	22	-30	90	0.26	162	-146	99	272	131
Net Cash From Operating Activities	74	70	108	134	141	216	268	320	247	638	788
Net Cash From Continuing Operating Activities	74	70	108	134	141	216	268	320	247	638	788
Net Income / (Loss) Continuing Operations	35	35	53	65	105	109	164	242	438	427	1,787
Consolidated Net Income / (Loss)	35	35	53	65	105	109	164	242	438	427	1,787
Depreciation Expense	13	14	15	16	12	15	19	29	37	40	36
Amortization Expense	0.24	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	33	35	42	50	61	75	80	119	168	140	196
Changes in Operating Assets and Liabilities, net	-8.03	-15	-2.95	0.46	-38	17	1.38	-74	-400	36	-1,211
Net Cash From Investing Activities	-9.37	-57	-56	-134	-15	-167	-39	-379	-13	-179	223
Net Cash From Continuing Investing Activities	-9.37	-57	-56	-134	-15	-167	-39	-379	-13	-179	223
Purchase of Property, Plant & Equipment	-9.51	-16	-37	-66	-23	-96	-56	-94	-59	-58	-164
Acquisitions	-12	-	-	0.00	0.00	-0.98	0.00	-0.79	0.00	0.00	-33
Purchase of Investments	-137	-223	-237	-141	-99	-213	-338	-395	-66	-583	-1,083
Sale and/or Maturity of Investments	154	190	223	78	111	136	357	114	129	468	1,508
Other Investing Activities, net	-5.34	-8.04	-5.05	-5.26	-4.15	-3.08	-2.70	-2.54	-16	-6.85	-4.81
Net Cash From Financing Activities	-39	-47	-28	-31	-35	-48	-72	-90	-129	-184	-872
Net Cash From Continuing Financing Activities	-39	-47	-28	-31	-35	-48	-72	-90	-129	-184	-872
Repurchase of Common Equity	-41	-32	-	-	-	-	-	0.00	0.00	-3.74	-636
Payment of Dividends	-12	-30	-33	-34	-47	-67	-89	-109	-138	-186	-241
Issuance of Common Equity	2.08	2.23	2.46	2.85	14	20	23	22	11	8.69	8.73
Other Financing Activities, net	12	13	2.51	-0.25	-0.75	-0.68	-5.36	-2.83	-2.06	-2.83	-4.09
Effect of Exchange Rate Changes	-0.49	-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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	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	6/30/2025
Net Change in Cash & Equivalents	-28	200	18	-86	140	-73	62	150	-8.54	-54	150
Net Cash From Operating Activities	52	219	90	176	153	248	141	232	168	256	238
Net Cash From Continuing Operating Activities	52	219	90	176	153	248	141	232	168	256	238
Net Income / (Loss) Continuing Operations	119	110	100	121	97	93	100	144	1,449	134	134
Consolidated Net Income / (Loss)	119	110	100	121	97	93	100	144	1,449	134	134
Depreciation Expense	8.77	9.99	9.95	10	10	8.25	8.69	9.45	10	11	13
Amortization Expense	0.69	0.26	-0.20	-1.65	-3.69	-4.12	-5.92	-6.64	-3.46	-0.77	-2.12
Non-Cash Adjustments To Reconcile Net Income	33	34	34	35	36	42	51	47	56	54	55
Changes in Operating Assets and Liabilities, net	-110	64	-53	11	14	110	-13	37	-1,344	58	38
Net Cash From Investing Activities	-50	12	-12	-213	34	-266	-3.35	-27	519	-257	-16
Net Cash From Continuing Investing Activities	-50	12	-12	-213	34	-266	-3.35	-27	519	-257	-16
Purchase of Property, Plant & Equipment	-13	-8.85	-7.83	-27	-14	-16	-50	-34	-65	-40	-50
Purchase of Investments	-47	-129	-82	-281	-90	-366	-224	-352	-141	-358	-35
Sale and/or Maturity of Investments	24	153	80	96	140	150	271	359	728	141	70
Other Investing Activities, net	-13	-2.21	-1.65	-0.61	-2.39	-0.65	-0.66	-0.46	-3.04	-0.58	-0.44
Net Cash From Financing Activities	-36	-32	-50	-47	-54	-50	-74	-63	-685	-56	-79
Net Cash From Continuing Financing Activities	-36	-32	-50	-47	-54	-50	-74	-63	-685	-56	-79
Repurchase of Common Equity	-	0.00	-	-	-3.74	-4.08	-4.55	-5.53	-622	0.00	-3.69
Payment of Dividends	-36	-37	-49	-49	-51	-50	-68	-61	-62	-60	-75
Other Financing Activities, net	-0.47	-0.37	-0.82	-1.54	-0.09	-0.98	-1.03	-0.64	-1.43	-1.24	-0.66
Effect of Exchange Rate Changes	6.24	1.50	-10	-1.63	7.01	-4.82	-1.79	8.16	-10	2.56	7.61
Cash Income Taxes Paid	24	-1.30	60	15	11	0.73	33	25	21	-0.22	17

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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	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	399	431	511	653	793	956	1,208	1,586	2,059	2,434	3,617
Total Current Assets	308	332	383	449	581	655	842	1,125	1,411	1,819	1,565
Cash & Equivalents	126	91	113	83	173	173	335	189	289	528	692
Short-Term Investments	112	144	156	216	205	282	260	536	449	581	171
Accounts Receivable	26	31	34	38	55	53	67	105	183	180	173
Inventories, net	41	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	63	65	85	145	150	228	282	363	357	369	495
Total Noncurrent Assets	29	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	6.57	26
Intangible Assets	6.81	5.05	3.00	0.95	-	-	-	-	-	0.00	9.94
Noncurrent Deferred & Refundable Income Taxes	1.28	0.67	0.63	16	17	17	19	22	35	28	1,327
Other Noncurrent Operating Assets	8.46	16	27	30	36	49	60	70	249	211	194
Total Liabilities & Shareholders' Equity	399	431	511	653	793	956	1,208	1,586	2,059	2,434	3,617
Total Liabilities	53	63	80	131	153	183	242	342	390	384	471
Total Current Liabilities	37	43	53	66	80	98	147	227	263	235	295
Accounts Payable	13	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	9.02	9.81	13	16	19	26	46	63	88	56	64
Total Noncurrent Liabilities	16	19	27	65	73	85	95	115	127	149	177
Noncurrent Deferred Revenue	5.88	2.94	3.87	32	34	38	37	48	54	61	65
Other Noncurrent Operating Liabilities	10	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	0.00
Total Equity & Noncontrolling Interests	346	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Total Preferred & Common Equity	346	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Total Common Equity	346	369	431	522	640	773	967	1,244	1,669	2,050	3,146
Common Stock	241	266	316	377	451	550	658	803	975	1,130	707
Retained Earnings	100	101	119	144	195	229	299	425	716	947	2,487
Accumulated Other Comprehensive Income / (Loss)	5.81	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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	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	6/30/2025
Total Assets	2,059	2,227	2,221	2,328	2,434	2,579	2,648	2,855	3,617	3,806	3,972
Total Current Assets	1,411	1,623	1,632	1,735	1,819	1,976	1,997	2,160	1,565	1,788	1,919
Cash & Equivalents	289	489	507	421	528	488	550	700	692	637	787
Short-Term Investments	449	429	434	621	581	798	757	762	171	389	359
Accounts Receivable	183	184	169	186	180	194	158	165	173	215	195
Inventories, net	447	431	427	397	384	396	427	425	420	455	491
Other Current Assets	43	90	95	110	147	100	106	108	110	92	87
Plant, Property, & Equipment, net	357	354	342	358	369	376	401	436	495	527	564
Total Noncurrent Assets	291	250	246	234	246	227	250	258	1,557	1,490	1,490
Goodwill	6.57	6.57	6.57	6.57	6.57	27	26	26	26	26	26
Intangible Assets	-	-	-	-	0.00	9.52	11	10	9.94	9.65	9.36
Noncurrent Deferred & Refundable Income Taxes	35	36	36	24	28	33	30	31	1,327	1,318	1,310
Other Noncurrent Operating Assets	249	208	204	204	211	157	184	191	194	136	144
Total Liabilities & Shareholders' Equity	2,059	2,227	2,221	2,328	2,434	2,579	2,648	2,855	3,617	3,806	3,972
Total Liabilities	390	450	382	383	384	465	452	503	471	539	570
Total Current Liabilities	263	316	251	250	235	312	295	337	295	363	384
Accounts Payable	61	58	71	65	63	103	100	116	103	127	130
Accrued Expenses	114	156	113	121	116	138	131	139	128	161	172
Current Employee Benefit Liabilities	88	102	67	65	56	71	64	81	64	75	81
Total Noncurrent Liabilities	127	135	131	133	149	153	157	166	177	175	187
Noncurrent Deferred Revenue	54	57	54	56	61	66	60	65	65	70	73
Other Noncurrent Operating Liabilities	73	78	77	77	89	87	97	102	112	106	113
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	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267	3,402
Total Preferred & Common Equity	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267	3,402
Total Common Equity	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267	3,402
Common Stock	975	1,017	1,055	1,093	1,130	1,176	1,224	1,274	707	765	823
Retained Earnings	716	777	827	899	947	978	1,016	1,099	2,487	2,545	2,603
Accumulated Other Comprehensive Income / (Loss)	-23	-18	-43	-47	-27	-41	-44	-21	-49	-43	-24

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

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	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	18.67%	17.89%	16.69%	21.17%	23.67%	7.82%	34.48%	43.03%	48.55%	1.50%	21.20%
EBITDA Growth	35.92%	14.02%	28.59%	38.47%	30.81%	-2.60%	48.78%	59.57%	85.35%	-4.54%	8.96%
EBIT Growth	51.59%	16.76%	34.77%	44.84%	42.85%	-4.53%	49.70%	60.75%	92.84%	-3.64%	13.26%
NOPAT Growth	50.94%	-1.26%	47.45%	21.42%	65.67%	-2.13%	56.28%	51.28%	88.25%	-7.33%	313.27%
Net Income Growth	55.01%	-0.91%	49.89%	23.68%	61.45%	3.39%	51.03%	47.24%	80.84%	-2.35%	318.06%
EPS Growth	50.85%	-3.37%	46.51%	19.05%	57.33%	0.85%	47.06%	44.29%	79.21%	-3.20%	317.69%
Operating Cash Flow Growth	22.16%	-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	-10.28%	-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	17.34%	25.29%	22.89%	38.16%	19.25%	22.55%	16.78%	39.69%	79.36%	1.15%	142.48%
Revenue Q/Q Growth	4.49%	3.48%	4.49%	5.80%	4.31%	2.15%	8.52%	9.37%	7.39%	-0.33%	8.22%
EBITDA Q/Q Growth	3.64%	5.78%	12.22%	8.86%	3.91%	1.30%	7.29%	15.45%	11.52%	-4.27%	9.28%
EBIT Q/Q Growth	4.56%	6.98%	11.92%	11.06%	5.32%	0.66%	6.96%	15.99%	12.61%	-4.03%	9.56%
NOPAT Q/Q Growth	2.72%	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	3.98%	3.68%	13.98%	-6.46%	17.36%	4.61%	6.79%	14.03%	11.86%	-4.93%	311.45%
EPS Q/Q Growth	3.49%	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	18.91%	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	-44.44%	-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	-0.86%	7.65%	3.74%	8.53%	0.98%	1.80%	3.16%	23.35%	17.12%	4.31%	156.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.02%	54.09%	54.26%	54.85%	55.40%	55.15%	55.18%	56.75%	58.44%	56.07%	55.32%
EBITDA Margin	17.61%	17.03%	18.77%	21.45%	22.69%	20.50%	22.68%	25.30%	31.57%	29.69%	26.70%
Operating Margin	12.49%	12.33%	14.01%	16.44%	19.49%	16.33%	18.81%	21.73%	29.36%	26.45%	24.44%
EBIT Margin	12.88%	12.76%	14.73%	17.61%	20.34%	18.02%	20.05%	22.54%	29.26%	27.78%	25.96%
Profit (Net Income) Margin	12.56%	10.56%	13.56%	13.85%	18.08%	17.33%	19.47%	20.04%	24.39%	23.47%	80.95%
Tax Burden Percent	97.54%	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%	100.00%
Effective Tax Rate	2.46%	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)	36.33%	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)	35.89%	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)	-25.74%	-19.66%	-21.90%	-18.76%	-24.14%	-18.77%	-25.84%	-30.51%	-30.54%	-20.49%	-35.56%
Return on Equity (ROE)	10.60%	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)	20.38%	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)	9.47%	10.23%	12.15%	14.26%	16.39%	12.93%	15.64%	19.48%	28.81%	22.52%	18.93%
Return on Assets (ROA)	9.24%	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)	10.60%	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)	10.25%	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	34	50	61	101	99	154	233	439	407	1,682
NOPAT Margin	12.19%	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)	0.44%	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	45.98%	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	23.63%	21.71%	21.36%	20.65%	19.54%	21.27%	19.15%	19.24%	15.70%	15.14%	16.16%
R&D to Revenue	20.74%	19.75%	18.95%	17.49%	16.05%	17.16%	16.29%	15.78%	13.39%	14.48%	14.71%
Operating Expenses to Revenue	41.52%	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)	36	42	57	83	118	113	169	272	525	506	573
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	50	57	73	101	132	129	192	306	566	541	589
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	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	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	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	0.00	59.43	67.80	44.82	68.74	98.04	92.21	37.38	70.23	16.15
Dividend Yield	0.99%	1.35%	1.04%	0.75%	1.08%	0.93%	0.56%	0.50%	0.86%	0.64%	0.85%
Earnings Yield	0.00%	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	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	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	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	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	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	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	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	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	-0.72	-0.68	-0.64	-0.61	-0.59	-0.59	-0.60	-0.60	-0.50	-0.50	-0.38
Leverage Ratio	1.15	1.16	1.18	1.22	1.24	1.24	1.24	1.26	1.25	1.21	1.16
Compound Leverage Factor	1.15	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%	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	0.00	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%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	8.35	7.67	7.24	6.81	7.22	6.67	5.73	4.96	5.36	7.74	5.31
Quick Ratio	7.17	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)	19	8.12	21	0.74	59	40	101	86	27	396	341
Operating Cash Flow to CapEx	779.44%	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	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	0.74	0.80	0.82	0.81	0.81	0.72	0.78	0.86	0.98	0.81	0.73
Accounts Receivable Turnover	11.45	11.80	11.94	13.03	12.49	11.64	14.13	14.07	12.48	10.05	12.53
Inventory Turnover	3.22	2.94	2.64	2.49	2.20	2.13	2.66	2.51	2.11	1.93	2.46
Fixed Asset Turnover	4.42	5.19	5.16	4.10	3.95	3.32	3.31	3.75	4.98	5.02	5.11
Accounts Payable Turnover	10.90	11.49	11.50	10.57	11.42	11.28	11.57	8.62	10.32	12.86	11.92
Days Sales Outstanding (DSO)	31.88	30.94	30.56	28.01	29.22	31.37	25.84	25.94	29.25	36.34	29.14
Days Inventory Outstanding (DIO)	113.30	124.29	138.24	146.54	165.60	171.02	137.21	145.51	172.98	189.58	148.65
Days Payable Outstanding (DPO)	33.48	31.78	31.73	34.54	31.97	32.37	31.55	42.34	35.37	28.38	30.62
Cash Conversion Cycle (CCC)	111.71	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	102	128	158	218	260	318	371	519	931	941	2,283
Invested Capital Turnover	2.98	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	15	26	29	60	42	59	53	147	412	11	1,341
Enterprise Value (EV)	0.00	0.00	2,860	4,116	4,338	7,026	15,520	21,592	15,620	28,907	28,000
Market Capitalization	0.00	0.00	3,133	4,421	4,719	7,481	16,116	22,317	16,358	30,016	28,863
Book Value per Share	$8.95	$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	$8.61	$9.04	$10.36	$12.39	$14.94	$17.66	$21.29	$26.85	$35.41	$42.65	$63.75
Total Capital	346	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	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	-244	-240	-274	-304	-381	-455	-595	-725	-738	-1,108	-863
Capital Expenditures (CapEx)	9.51	16	37	66	23	87	56	94	59	58	164
Debt-free, Cash-free Net Working Capital (DFCFNWC)	32	54	62	84	123	102	100	173	409	476	408
Debt-free Net Working Capital (DFNWC)	271	289	330	383	500	557	695	898	1,147	1,584	1,270
Net Working Capital (NWC)	271	289	330	383	500	557	695	898	1,147	1,584	1,270
Net Nonoperating Expense (NNE)	-1.07	-1.18	-2.59	-4.34	-4.44	-10	-10	-8.71	1.54	-20	-105
Net Nonoperating Obligations (NNO)	-244	-240	-274	-304	-381	-455	-595	-725	-738	-1,108	-863
Total Depreciation and Amortization (D&A)	13	14	16	18	14	16	22	33	41	35	16
Debt-free, Cash-free Net Working Capital to Revenue	11.44%	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	95.94%	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	95.94%	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	$0.92	$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	38.69M	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	$0.89	$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	39.79M	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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	39.29M	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)	27	34	50	61	101	101	162	233	439	407	378
Normalized NOPAT Margin	9.42%	10.21%	12.90%	12.92%	17.31%	16.09%	19.16%	19.32%	24.48%	22.35%	17.11%
Pre Tax Income Margin	12.88%	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	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	32.84%	85.20%	62.78%	52.03%	45.10%	61.83%	54.01%	45.19%	31.52%	43.49%	13.47%
Augmented Payout Ratio	148.91%	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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	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	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	36.70%	19.42%	-4.31%	-4.15%	-1.30%	1.51%	15.03%	30.59%	36.93%	39.24%	30.97%
EBITDA Growth	63.77%	31.95%	-12.86%	-10.10%	-16.07%	-21.93%	-1.40%	21.13%	39.68%	69.09%	48.22%
EBIT Growth	71.74%	35.68%	-13.11%	-9.23%	-15.07%	-18.94%	4.36%	26.44%	41.81%	65.57%	42.67%
NOPAT Growth	66.24%	31.49%	-20.95%	-4.17%	-23.31%	-20.11%	0.28%	14.07%	1,471.92%	54.33%	32.03%
Net Income Growth	63.88%	38.00%	-13.23%	-2.55%	-18.63%	-15.72%	0.87%	19.20%	1,395.65%	44.57%	33.24%
EPS Growth	64.00%	36.97%	-13.92%	-3.50%	-19.51%	-16.37%	0.49%	18.95%	1,400.00%	47.62%	35.61%
Operating Cash Flow Growth	85.08%	103.69%	-14.30%	1,067.32%	193.69%	13.37%	56.32%	31.72%	9.37%	3.36%	68.57%
Free Cash Flow Firm Growth	-280.65%	-123.70%	-157.00%	104.51%	126.38%	157.61%	153.94%	1,225.64%	-29.83%	-1,209.59%	-1,291.89%
Invested Capital Growth	79.36%	55.39%	47.01%	13.58%	1.15%	-3.67%	-1.11%	-1.47%	142.48%	170.85%	153.88%
Revenue Q/Q Growth	-7.15%	-1.94%	-2.20%	7.65%	-4.39%	0.85%	10.82%	22.21%	0.25%	2.56%	4.24%
EBITDA Q/Q Growth	-7.63%	-6.93%	-8.01%	13.68%	-13.76%	-13.43%	16.19%	39.65%	-0.56%	4.80%	1.85%
EBIT Q/Q Growth	-7.32%	-7.95%	-8.26%	15.97%	-13.28%	-12.14%	18.11%	40.52%	-2.74%	2.57%	1.78%
NOPAT Q/Q Growth	-6.85%	-9.07%	-10.72%	26.72%	-25.46%	-5.27%	12.07%	44.15%	927.23%	-90.70%	-4.12%
Net Income Q/Q Growth	-4.22%	-7.80%	-9.38%	21.77%	-20.02%	-4.50%	8.46%	43.90%	903.51%	-90.77%	-0.05%
EPS Q/Q Growth	-4.28%	-8.13%	-9.73%	21.57%	-20.16%	-4.55%	8.47%	43.90%	906.78%	-90.61%	-0.36%
Operating Cash Flow Q/Q Growth	387.07%	319.15%	-58.78%	95.05%	-12.84%	61.79%	-43.17%	64.36%	-27.63%	52.90%	-7.31%
Free Cash Flow Firm Q/Q Growth	-18.57%	32.17%	3.71%	105.82%	594.07%	48.12%	-9.84%	43.02%	-63.26%	-2,442.09%	3.15%
Invested Capital Q/Q Growth	17.12%	-7.74%	4.65%	0.44%	4.31%	-12.14%	7.43%	0.08%	156.69%	-1.86%	0.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.22%	57.37%	56.15%	55.50%	55.31%	55.13%	55.29%	55.38%	55.40%	55.40%	55.08%
EBITDA Margin	32.66%	31.00%	29.16%	30.79%	27.77%	23.84%	24.99%	28.56%	28.33%	28.95%	28.29%
Operating Margin	29.76%	27.55%	25.46%	28.55%	24.13%	20.85%	22.97%	26.45%	26.27%	26.47%	24.79%
EBIT Margin	30.60%	28.73%	26.95%	29.03%	26.33%	22.94%	24.45%	28.11%	27.27%	27.27%	26.63%
Profit (Net Income) Margin	25.89%	24.34%	22.56%	25.52%	21.34%	20.21%	19.78%	23.29%	233.14%	20.99%	20.12%
Tax Burden Percent	84.60%	84.74%	83.71%	87.89%	81.06%	88.11%	80.91%	82.86%	854.93%	76.94%	75.56%
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	15.40%	15.26%	16.29%	12.11%	18.94%	11.89%	19.09%	17.14%	-754.93%	23.06%	24.44%
Return on Invested Capital (ROIC)	62.32%	61.79%	52.17%	54.02%	38.06%	39.85%	39.39%	49.89%	307.46%	31.69%	30.31%
ROIC Less NNEP Spread (ROIC-NNEP)	61.87%	61.26%	51.54%	53.80%	37.18%	39.08%	38.85%	49.21%	302.07%	31.35%	29.56%
Return on Net Nonoperating Assets (RNNOA)	-31.08%	-33.39%	-27.69%	-27.53%	-18.46%	-22.14%	-21.64%	-28.69%	-114.61%	-13.48%	-12.95%
Return on Equity (ROE)	31.24%	28.40%	24.48%	26.50%	19.60%	17.70%	17.75%	21.20%	192.85%	18.21%	17.36%
Cash Return on Invested Capital (CROIC)	3.78%	22.45%	20.16%	38.45%	42.33%	49.53%	44.34%	46.49%	21.13%	21.63%	25.65%
Operating Return on Assets (OROA)	30.13%	27.23%	24.85%	24.91%	21.34%	17.45%	19.02%	22.12%	19.89%	20.39%	20.47%
Return on Assets (ROA)	25.49%	23.07%	20.81%	21.89%	17.30%	15.38%	15.39%	18.33%	170.06%	15.69%	15.46%
Return on Common Equity (ROCE)	31.24%	28.40%	24.48%	26.50%	19.60%	17.70%	17.75%	21.20%	192.85%	18.21%	17.36%
Return on Equity Simple (ROE_SIMPLE)	0.00%	26.34%	24.62%	23.12%	0.00%	19.40%	18.72%	18.47%	0.00%	55.95%	0.00%
Net Operating Profit after Tax (NOPAT)	116	105	94	119	89	84	94	136	1,396	130	124
NOPAT Margin	25.18%	23.35%	21.32%	25.09%	19.56%	18.37%	18.58%	21.92%	224.58%	20.37%	18.73%
Net Nonoperating Expense Percent (NNEP)	0.45%	0.53%	0.63%	0.23%	0.88%	0.76%	0.54%	0.68%	5.40%	0.34%	0.75%
Return On Investment Capital (ROIC_SIMPLE)	6.94%	-	-	-	4.33%	-	-	-	44.38%	3.97%	3.66%
Cost of Revenue to Revenue	41.78%	42.63%	43.85%	44.50%	44.69%	44.87%	44.71%	44.62%	44.60%	44.60%	44.92%
SG&A Expenses to Revenue	15.05%	15.70%	16.25%	13.31%	15.44%	17.68%	16.97%	15.22%	15.34%	14.47%	15.80%
R&D to Revenue	13.41%	14.12%	14.44%	13.64%	15.74%	16.60%	15.36%	13.72%	13.80%	14.47%	14.49%
Operating Expenses to Revenue	28.46%	29.82%	30.68%	26.95%	31.18%	34.28%	32.33%	28.93%	29.13%	28.93%	30.28%
Earnings before Interest and Taxes (EBIT)	141	130	119	138	120	105	124	174	170	174	177
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	150	140	129	146	126	109	127	177	176	185	188
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.80	13.21	13.83	11.28	14.64	15.57	18.21	19.17	9.18	8.50	10.29
Price to Tangible Book Value (P/TBV)	9.84	13.26	13.88	11.32	14.69	15.85	18.52	19.47	9.28	8.59	10.40
Price to Revenue (P/Rev)	9.12	12.56	13.77	12.00	16.48	18.01	21.11	22.10	13.08	11.63	13.77
Price to Earnings (P/E)	37.38	50.14	56.18	48.79	70.23	80.25	97.31	103.79	16.15	15.19	18.81
Dividend Yield	0.86%	0.66%	0.65%	0.82%	0.64%	0.63%	0.55%	0.51%	0.85%	0.92%	0.77%
Earnings Yield	2.68%	1.99%	1.78%	2.05%	1.42%	1.25%	1.03%	0.96%	6.19%	6.58%	5.32%
Enterprise Value to Invested Capital (EV/IC)	16.78	26.25	27.26	23.15	30.70	38.23	43.53	49.04	12.27	11.93	15.01
Enterprise Value to Revenue (EV/Rev)	8.71	12.07	13.26	11.43	15.87	17.30	20.42	21.38	12.69	11.20	13.32
Enterprise Value to EBITDA (EV/EBITDA)	27.58	37.56	42.14	36.98	53.46	62.01	76.11	80.88	47.52	40.23	46.67
Enterprise Value to EBIT (EV/EBIT)	29.76	40.33	45.27	39.64	57.15	65.71	79.52	83.39	48.87	41.66	48.76
Enterprise Value to NOPAT (EV/NOPAT)	35.56	48.54	55.72	48.11	71.02	81.94	100.17	108.14	16.65	15.32	19.13
Enterprise Value to Operating Cash Flow (EV/OCF)	63.32	62.96	71.41	38.90	45.29	47.38	53.86	56.34	35.51	33.55	37.91
Enterprise Value to Free Cash Flow (EV/FCFF)	570.36	142.33	160.91	64.02	72.95	75.76	97.64	104.71	82.18	80.58	84.00
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	-0.50	-0.55	-0.54	-0.51	-0.50	-0.57	-0.56	-0.58	-0.38	-0.43	-0.44
Leverage Ratio	1.25	1.27	1.23	1.23	1.21	1.24	1.21	1.21	1.16	1.19	1.18
Compound Leverage Factor	1.25	1.27	1.23	1.23	1.21	1.24	1.21	1.21	1.16	1.19	1.18
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	27.40	33.48	42.27	36.63	49.08	44.60	55.23	55.98	38.89	33.08	39.02
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	5.36	5.14	6.51	6.94	7.74	6.34	6.77	6.42	5.31	4.92	5.00
Quick Ratio	3.50	3.49	4.42	4.91	5.48	4.75	4.96	4.83	3.52	3.42	3.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-296	-201	-193	11	78	116	104	149	55	-1,283	-1,243
Operating Cash Flow to CapEx	406.53%	2,471.28%	1,152.23%	649.32%	1,110.48%	1,551.19%	283.75%	685.15%	258.76%	635.53%	473.92%
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	0.95	0.92	0.86	0.81	0.76	0.78	0.79	0.73	0.75	0.77
Accounts Receivable Turnover	12.48	12.26	12.54	10.77	10.05	9.65	11.58	11.64	12.53	11.66	14.42
Inventory Turnover	2.11	2.10	1.99	1.99	1.93	1.97	1.98	2.22	2.46	2.50	2.48
Fixed Asset Turnover	4.98	5.16	5.29	5.21	5.02	5.01	5.10	5.13	5.11	5.29	5.28
Accounts Payable Turnover	10.32	12.02	10.54	11.01	12.86	10.07	9.93	10.10	11.92	9.23	9.89
Days Sales Outstanding (DSO)	29.25	29.77	29.11	33.88	36.34	37.81	31.51	31.37	29.14	31.30	25.30
Days Inventory Outstanding (DIO)	172.98	173.79	183.58	183.76	189.58	185.58	184.15	164.56	148.65	145.78	147.27
Days Payable Outstanding (DPO)	35.37	30.35	34.65	33.15	28.38	36.24	36.76	36.14	30.62	39.54	36.89
Cash Conversion Cycle (CCC)	166.86	173.20	178.04	184.49	197.53	187.15	178.91	159.79	147.17	137.53	135.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	931	859	899	903	941	827	889	889	2,283	2,240	2,256
Invested Capital Turnover	2.48	2.65	2.45	2.15	1.95	2.17	2.12	2.28	1.37	1.56	1.62
Increase / (Decrease) in Invested Capital	412	306	287	108	11	-32	-9.99	-13	1,341	1,413	1,367
Enterprise Value (EV)	15,620	22,545	24,493	20,892	28,907	31,627	38,686	43,609	28,000	26,735	33,872
Market Capitalization	16,358	23,462	25,434	21,934	30,016	32,913	39,993	45,071	28,863	27,761	35,018
Book Value per Share	$35.55	$37.55	$38.78	$40.71	$42.79	$43.43	$45.12	$48.24	$64.49	$68.25	$71.05
Tangible Book Value per Share	$35.41	$37.41	$38.64	$40.57	$42.65	$42.68	$44.36	$47.49	$63.75	$67.51	$70.32
Total Capital	1,669	1,776	1,839	1,945	2,050	2,114	2,196	2,352	3,146	3,267	3,402
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	-738	-918	-940	-1,042	-1,108	-1,286	-1,307	-1,462	-863	-1,027	-1,146
Capital Expenditures (CapEx)	13	8.85	7.83	27	14	16	50	34	65	40	50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	409	389	441	443	476	378	395	362	408	398	389
Debt-free Net Working Capital (DFNWC)	1,147	1,307	1,382	1,485	1,584	1,665	1,702	1,824	1,270	1,425	1,535
Net Working Capital (NWC)	1,147	1,307	1,382	1,485	1,584	1,665	1,702	1,824	1,270	1,425	1,535
Net Nonoperating Expense (NNE)	-3.28	-4.49	-5.48	-2.01	-8.09	-8.41	-6.08	-8.52	-53	-3.95	-9.23
Net Nonoperating Obligations (NNO)	-738	-918	-940	-1,042	-1,108	-1,286	-1,307	-1,462	-863	-1,027	-1,146
Total Depreciation and Amortization (D&A)	9.46	10	9.75	8.35	6.54	4.13	2.77	2.80	6.58	11	11
Debt-free, Cash-free Net Working Capital to Revenue	22.82%	20.84%	23.87%	24.25%	26.14%	20.69%	20.85%	17.73%	18.47%	16.69%	15.30%
Debt-free Net Working Capital to Revenue	63.94%	69.98%	74.77%	81.30%	87.01%	91.07%	89.87%	89.43%	57.56%	59.70%	60.35%
Net Working Capital to Revenue	63.94%	69.98%	74.77%	81.30%	87.01%	91.07%	89.87%	89.43%	57.56%	59.70%	60.35%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.54	$2.32	$2.10	$2.54	$2.02	$1.90	$2.06	$2.96	$29.84	$2.80	$2.79
Adjusted Weighted Average Basic Shares Outstanding	46.73M	47.23M	47.49M	47.78M	47.61M	48.64M	48.69M	48.76M	48.60M	47.85M	47.89M
Adjusted Diluted Earnings per Share	$2.46	$2.26	$2.04	$2.48	$1.98	$1.89	$2.05	$2.95	$29.70	$2.79	$2.78
Adjusted Weighted Average Diluted Shares Outstanding	48.36M	48.66M	48.76M	48.79M	48.77M	48.93M	48.95M	48.96M	48.84M	48.01M	48.02M
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	47.31M	47.42M	47.78M	47.91M	48.66M	48.67M	48.75M	48.78M	47.87M	47.88M	47.89M
Normalized Net Operating Profit after Tax (NOPAT)	116	105	94	119	89	84	94	136	114	130	124
Normalized NOPAT Margin	25.18%	23.35%	21.32%	25.09%	19.56%	18.37%	18.58%	21.92%	18.39%	20.37%	18.73%
Pre Tax Income Margin	30.60%	28.73%	26.95%	29.03%	26.33%	22.94%	24.45%	28.11%	27.27%	27.27%	26.63%
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	31.52%	31.17%	35.02%	38.19%	43.49%	48.44%	52.94%	52.82%	13.47%	13.74%	13.87%
Augmented Payout Ratio	31.52%	31.17%	35.02%	38.19%	44.36%	50.35%	55.95%	56.94%	49.08%	48.32%	47.78%

Key Financial Trends

Monolithic Power Systems (NASDAQ: MPWR) has demonstrated steady financial growth and operational strength over the last four years based on their quarterly financial data. Here's a summary of key trends and highlights from the analysis of income statements, balance sheets, and cash flow statements:

Increasing Revenue: Operating revenue grew from approximately $441 million in Q2 2023 to $665 million in Q2 2025, indicating consistent top-line growth and customer demand.
Strong Gross Profit Growth: Gross profit increased from about $247.7 million in Q2 2023 to $366 million in Q2 2025, showing effective cost management alongside rising revenues.
Robust Net Income: Net income increased from around $100.4 million in Q2 2024 to $133.7 million in Q2 2025, reflecting improved profitability.
Consistent EPS Growth: Diluted earnings per share (EPS) rose from $2.05 in Q2 2024 to $2.78 in Q2 2025, benefiting shareholders through higher earnings allocation.
Healthy Operating Cash Flow: Net cash from operating activities remained strong with $238 million in Q2 2025, demonstrating solid cash generation ability.
Increasing Asset Base: Total assets have grown steadily, reaching $3.97 billion by Q2 2025, driven by increased current and noncurrent assets investments.
Strong Equity Position: Shareholders’ equity expanded from about $1.87 billion in Q2 2023 to $3.4 billion in Q2 2025, reinforcing the company’s financial stability.
Inventory Build-up: Inventories have increased significantly over the years, from approximately $426 million in Q2 2023 to nearly $491 million by Q2 2025, which could indicate stockpiling or supply chain considerations.
Capital Expenditures: The company continues to invest in property, plant, and equipment with capex fluctuating around $40-$65 million quarterly, supporting growth but increasing cash outflows.
Declining Net Cash from Investing Activities: Net cash used in investing activities was negative $15.8 million in Q2 2025, reflecting ongoing investments that reduce liquidity in the short term.
Dividend and Share Repurchase Outflows: Cash outflows for dividends and common stock repurchases totaled approximately $78 million in Q2 2025, which though rewarding shareholders, reduces cash reserves.

Summary: Monolithic Power Systems exhibits strong revenue and profit growth with increasing EPS and a solid operating cash flow base. The expanding asset and equity base strengthen its financial position. Inventory levels warrant monitoring to ensure efficient turnover. While investments and shareholder returns consume cash, the company maintains good liquidity. Overall, the financial trends are positive and indicate Monolithic Power Systems is on a healthy growth trajectory.

08/24/25 09:09 PMAI 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 10 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 $35.50 million in 2014. The previous period was $427.37 million in 2023. Check out Monolithic Power Systems' forecast to explore projected trends and price targets.

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 10 years?

Over the last 10 years, Monolithic Power Systems' total revenue changed from $282.54 million in 2014 to $2.21 billion in 2024, a change of 681.2%.

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 790.3% increase since 2014.

How much cash does Monolithic Power Systems have?

In the past 10 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 10 years?

Over the last 10 years, Monolithic Power Systems' book value per share changed from 8.95 in 2014 to 64.49 in 2024, a change of 620.2%.

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This page (NASDAQ:MPWR) was last updated on 8/24/2025 by MarketBeat.com Staff

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Monolithic Power Systems (MPWR) Financials

Key Financial Trends

Frequently Asked Questions About Monolithic Power Systems' Financials

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Monolithic Power Systems (MPWR) Financials

Annual Income Statements for Monolithic Power Systems

Quarterly Income Statements for Monolithic Power Systems

Annual Cash Flow Statements for Monolithic Power Systems

Quarterly Cash Flow Statements for Monolithic Power Systems

Annual Balance Sheets for Monolithic Power Systems

Quarterly Balance Sheets for Monolithic Power Systems

Annual Metrics And Ratios for Monolithic Power Systems

Quarterly Metrics And Ratios for Monolithic Power Systems

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