Correlation
The correlation between ATMU and MCHP is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ATMU vs. MCHP
Compare and contrast key facts about Atmus Filtration Technologies Inc. (ATMU) and Microchip Technology Incorporated (MCHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATMU or MCHP.
Performance
ATMU vs. MCHP - Performance Comparison
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Key characteristics
ATMU:
0.56
MCHP:
-0.64
ATMU:
1.07
MCHP:
-0.81
ATMU:
1.14
MCHP:
0.89
ATMU:
0.72
MCHP:
-0.62
ATMU:
1.87
MCHP:
-1.18
ATMU:
11.01%
MCHP:
33.49%
ATMU:
34.74%
MCHP:
59.41%
ATMU:
-28.76%
MCHP:
-63.77%
ATMU:
-18.95%
MCHP:
-40.03%
Fundamentals
ATMU:
$2.98B
MCHP:
$31.34B
ATMU:
$2.22
MCHP:
-$0.01
ATMU:
1.80
MCHP:
7.12
ATMU:
11.25
MCHP:
4.43
ATMU:
$1.65B
MCHP:
$4.40B
ATMU:
$460.50M
MCHP:
$2.47B
ATMU:
$278.40M
MCHP:
$857.70M
Returns By Period
In the year-to-date period, ATMU achieves a -7.94% return, which is significantly lower than MCHP's 2.75% return.
ATMU
-7.94%
3.89%
-16.68%
19.34%
N/A
N/A
N/A
MCHP
2.75%
26.93%
-13.56%
-38.07%
-5.15%
5.78%
11.30%
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Risk-Adjusted Performance
ATMU vs. MCHP — Risk-Adjusted Performance Rank
ATMU
MCHP
ATMU vs. MCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atmus Filtration Technologies Inc. (ATMU) and Microchip Technology Incorporated (MCHP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ATMU vs. MCHP - Dividend Comparison
ATMU's dividend yield for the trailing twelve months is around 0.42%, less than MCHP's 3.13% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ATMU Atmus Filtration Technologies Inc. | 0.42% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHP Microchip Technology Incorporated | 3.13% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% |
Drawdowns
ATMU vs. MCHP - Drawdown Comparison
The maximum ATMU drawdown since its inception was -28.76%, smaller than the maximum MCHP drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for ATMU and MCHP.
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Volatility
ATMU vs. MCHP - Volatility Comparison
The current volatility for Atmus Filtration Technologies Inc. (ATMU) is 8.07%, while Microchip Technology Incorporated (MCHP) has a volatility of 17.48%. This indicates that ATMU experiences smaller price fluctuations and is considered to be less risky than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ATMU vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between Atmus Filtration Technologies Inc. and Microchip Technology Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ATMU vs. MCHP - Profitability Comparison
ATMU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Atmus Filtration Technologies Inc. reported a gross profit of 110.50M and revenue of 110.50M. Therefore, the gross margin over that period was 100.0%.
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a gross profit of 501.10M and revenue of 970.50M. Therefore, the gross margin over that period was 51.6%.
ATMU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Atmus Filtration Technologies Inc. reported an operating income of 64.90M and revenue of 110.50M, resulting in an operating margin of 58.7%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported an operating income of -100.30M and revenue of 970.50M, resulting in an operating margin of -10.3%.
ATMU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Atmus Filtration Technologies Inc. reported a net income of 44.70M and revenue of 110.50M, resulting in a net margin of 40.5%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a net income of -156.80M and revenue of 970.50M, resulting in a net margin of -16.2%.