Monolithic Power Systems, Inc. — Earnings Quality Grade B
MPWR · Technology
Generally healthy
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 33 days, change +5 days YoY
AR growth 48.2% exceeds revenue growth 26.4%
Revenue grew 26.4% but CFFO only 6.3%
Expense Quality
Inventory 34.6% vs COGS 26.8%. Normal
CapEx growth 6.5% vs revenue 26.4%. Normal
SG&A/Gross Profit = 27.9%, excellent (<30%)
Gross margin 55.2%, change -0.1pp. Stable
Cash Flow Quality
CFFO/NI = 1.35. Profits backed by cash
FCF $0.7B, FCF/NI = 1.07
Accruals ratio = -5.2%. Low accruals
Cash $1.3B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 1% of equity. Manageable
Debt/EBITDA = 0.0x. Healthy
Other assets 38.8% vs revenue 26.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
M-Score = -2.43 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10