Microchip Technology (MCHP) Tax Rate (2009 - 2026)

Microchip Technology (MCHP) has 18 years of Tax Rate data on file, last reported at 12.02% in Q1 2026.

• Quarterly Tax Rate rose 388.0% year-over-year to 12.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.9% (down 8538.0% YoY) and the FY2026 annual result came in at 15.9%, down 8538.0% from the prior year.
• Tax Rate eased to 12.02% in Q1 2026 per MCHP's latest filing, from 33.01% in the prior quarter.
• The five-year high for Tax Rate was 33.01% in Q4 2025, with the low at 31.13% in Q3 2025.
• Average Tax Rate over 5 years is 11.79%, with a median of 20.03% recorded in 2023.
• The widest YoY moves for Tax Rate: up 4928 bps in 2025, down 4545 bps in 2025.
• Microchip Technology's Tax Rate stood at 23.87% in 2022, then sank by 44 bps to 13.44% in 2023, then tumbled by 221 bps to 16.27% in 2024, then soared by 303 bps to 33.01% in 2025, then slumped by 64 bps to 12.02% in 2026.
• Business Quant data shows MCHP's Tax Rate at 12.02% in Q1 2026, 33.01% in Q4 2025, and 31.13% in Q3 2025.