MPWR vs. Q: Monolithic Power Systems vs. Qnity Electronics Stock Comparison
How do Monolithic Power Systems (MPWR) and Qnity Electronics (Q) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Monolithic Power Systems (MPWR) and Qnity Electronics (Q) both belong to the Semiconductors & Semiconductor Equipment industry, though MPWR is classified under Semiconductors while Q falls under Semiconductor Materials & Equipment.
Monolithic Power Systems (MPWR) carries decades of public-market history since November 19, 2004, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the MPWR side.
| Profile Item | MPWR | Q |
|---|---|---|
| Name | Monolithic Power Systems Inc. | Qnity Electronics Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductor Materials & Equipment |
| Market Capitalization | 58.06 billion USD | 24.46 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | November 19, 2004 | October 27, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPWR | Q |
|---|---|---|
| Total Return (1Y) | 42.29% | 35.04% |
| Total Return (3Y, Annualized) | 42.13% | -- |
| Total Return (5Y, Annualized) | 20.48% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MPWR | Q |
|---|---|---|
| Volatility (1Y, Annualized) | 57.22% | 55.87% |
| Beta (5Y) | 1.67 | 1.49 |
| Max Drawdown (5Y) | -51.65% | -38.03% |
| Avg. Volume (3M) | 776.23K | 1.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MPWR | Q |
|---|---|---|
| Sharpe Ratio (1Y) | 0.66 | 0.55 |
| Sortino Ratio (1Y) | 0.98 | 0.80 |
Profitability
ROE (TTM)
Monolithic Power Systems (MPWR) at 24.47% sits in the top ROE quartile, while Qnity Electronics (Q) at 6.98% is closer to the peer norm — stronger capital efficiency for MPWR.
MPWR
Semiconductors & Semiconductor Equipment industry group
24.47%
- Max
- 52.82%
- MPWR
- 24.47%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Q
Semiconductors & Semiconductor Equipment industry group
6.98%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q
- 6.98%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Both Monolithic Power Systems (MPWR) at 23.89% and Qnity Electronics (Q) at 10.16% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
MPWR
Semiconductors & Semiconductor Equipment industry group
23.89%
- Max
- 63.80%
- Q3
- 28.36%
- MPWR
- 23.89%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Q
Semiconductors & Semiconductor Equipment industry group
10.16%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q
- 10.16%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both Monolithic Power Systems (MPWR) at 29.75% and Qnity Electronics (Q) at 25.00% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
MPWR
Semiconductors & Semiconductor Equipment industry group
29.75%
- Max
- 58.66%
- Q3
- 30.23%
- MPWR
- 29.75%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Q
Semiconductors & Semiconductor Equipment industry group
25.00%
- Max
- 58.66%
- Q3
- 30.23%
- Q
- 25.00%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MPWR | Q |
|---|---|---|
| ROE (TTM) | 24.47% | 6.98% |
| ROA (TTM) | 15.52% | 5.78% |
| Net Margin (TTM) | 23.89% | 10.16% |
| Operating Margin (TTM) | 29.75% | 25.00% |
| Gross Margin (TTM) | 55.26% | 46.92% |
Growth
Revenue Growth
Monolithic Power Systems (MPWR) at 26.43% sits in the top revenue growth quartile, while Qnity Electronics (Q) at 9.67% is closer to the peer norm — faster top-line expansion for MPWR.
EPS Growth
Qnity Electronics (Q) at -0.27% is around its peer norm for EPS growth, while Monolithic Power Systems (MPWR) at -64.85% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | MPWR | Q |
|---|---|---|
| Revenue Growth (YoY) | 26.43% | 9.67% |
| Revenue Growth (3Y CAGR) | 15.86% | -0.01% |
| EPS Growth (YoY) | -64.85% | -0.27% |
| EPS Growth (3Y CAGR) | 12.43% | -- |
Financial Strength
Current Ratio (MRQ)
Monolithic Power Systems (MPWR) at 3.70 keeps current ratio within its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for Q.
MPWR
Semiconductors & Semiconductor Equipment industry group
3.70
- Max
- 10.33
- Q3
- 5.62
- MPWR
- 3.70
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Q
Semiconductors & Semiconductor Equipment industry group
2.09
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Q
- 2.09
- Min
- 1.03
Debt / Equity (MRQ)
Monolithic Power Systems (MPWR) at 0.01 keeps leverage in the lower industry quartile, while Qnity Electronics (Q) at 0.57 runs a more typical debt-to-equity mix.
MPWR
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- MPWR
- 0.01
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
0.57
- Max
- 1.46
- Q3
- 0.65
- Q
- 0.57
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MPWR | Q |
|---|---|---|
| Current Ratio (MRQ) | 3.70 | 2.09 |
| Debt / Equity (MRQ) | 0.01 | 0.57 |
| Net Debt / EBITDA | -0.92 | 2.07 |
Dividends
Dividend Yield (TTM)
Monolithic Power Systems (MPWR) at 0.67% delivers top-quartile income for its industry, while Qnity Electronics (Q) at 0.27% pays a more typical yield — both are credible income propositions, MPWR the richer one.
MPWR
Semiconductors & Semiconductor Equipment industry group
0.67%
- Max
- 1.37%
- MPWR
- 0.67%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
0.27%
- Max
- 1.37%
- Q3
- 0.65%
- Q
- 0.27%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Qnity Electronics (Q) at 11.28% pays out a band-typical share of earnings, while Monolithic Power Systems (MPWR) at 41.65% distributes more than its industry norm — less retained, thinner cover.
MPWR
Semiconductors & Semiconductor Equipment industry group
41.65%
- Max
- 49.64%
- MPWR
- 41.65%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
11.28%
- Max
- 49.64%
- Q3
- 21.71%
- Q
- 11.28%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MPWR | Q |
|---|---|---|
| Dividend Yield (TTM) | 0.67% | 0.27% |
| Dividend Payout Ratio (TTM) | 41.65% | 11.28% |
Valuation
P/E Ratio (TTM)
Both Monolithic Power Systems (MPWR) at 65.27 and Qnity Electronics (Q) at 43.98 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
MPWR
Semiconductors & Semiconductor Equipment industry group
65.27
- Max
- 110.34
- Q3
- 66.81
- MPWR
- 65.27
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
Q
Semiconductors & Semiconductor Equipment industry group
43.98
- Max
- 110.34
- Q3
- 66.81
- Q
- 43.98
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Qnity Electronics (Q) at 4.46 is priced about in line with its industry on P/S ratio, while Monolithic Power Systems (MPWR) at 15.53 sits in the pricier quartile — MPWR costs more per dollar of sales.
MPWR
Semiconductors & Semiconductor Equipment industry group
15.53
- Max
- 21.42
- MPWR
- 15.53
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
4.46
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q
- 4.46
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Qnity Electronics (Q) at 3.22 sits near its industry’s typical P/B ratio, while Monolithic Power Systems (MPWR) at 15.56 prices above its benchmark range — MPWR looks rich relative to book.
MPWR
Semiconductors & Semiconductor Equipment industry group
15.56
- MPWR
- 15.56
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Q
Semiconductors & Semiconductor Equipment industry group
3.22
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q
- 3.22
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MPWR | Q |
|---|---|---|
| P/E Ratio (TTM) | 65.27 | 43.98 |
| P/S Ratio (TTM) | 15.53 | 4.46 |
| P/B Ratio (MRQ) | 15.56 | 3.22 |
| Free Cash Flow Yield (TTM) | 0.87% | 2.85% |