Microchip Technology Inc. vs NextEra Energy, Inc. — how do they compare? Microchip Technology Inc. trades at $80 (market cap $43.72B), while NextEra Energy, Inc. trades at $88.15 (market cap $183.53B). The key difference: NextEra Energy, Inc. is far larger — about 4.2× Microchip Technology Inc.'s market cap, and NextEra Energy, Inc. pays the higher dividend (2.83%). Which is the better fit depends on your goals.
| MCHP | NEE | |
|---|---|---|
Market Cap | $43.72B | $183.53B |
Sector | Technology | Utilities |
52-Week High | $102.97 | $97.88 |
52-Week Low | $49.02 | $69.77 |
Enterprise Value | $49.01B | $285.94B |
Dividend Yield | 2.26% | 2.83% |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →