A power management integrated circuit including: a first regulator configured to provide a first output signal to a component; a second regulator configured to provide a second output signal to the component; a third regulator configured to provide a third output signal to the component; a power tracker configured to track first, second and third output signals, aggregate an offset voltage with a selection signal, and generate a reference voltage, wherein the selection signal corresponds to one of the first, second and third output signals; and a sub-regulator configured to generate an input voltage corresponding to the reference voltage and provide the generated input voltage to the first, second and third regulators.