Microchip Technology (MCHP) Tax Rate (2009 - 2026)
Microchip Technology (MCHP) reported Tax Rate of 20.73% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 38.45 percentage points from -17.72% a year earlier and up 8.71 percentage points from the prior quarter.
Microchip Technology (MCHP) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Microchip Technology's Tax Rate came in at 17.40%, up 24.40 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 15.90%, down 85.38 percentage points from FY2025.
- Tax Rate has a five-year change of +18.82 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 101.29% in FY2025 (+81.88 pp), 19.40% in FY2024 (-3.69 pp), 23.10% in FY2023 (+9.81 pp) and 13.29% in FY2022 (+16.20 pp).
- Five-year quarterly Tax Rate spans a low of -31.13% in fiscal Q2 2026 and a high of 33.01% in fiscal Q3 2026.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of -5.18 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2022 (a gain of 135.57 percentage points); the low point was fiscal Q2 2026 (a drop of 45.45 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 12.02% (Q4 2026), 33.01% (Q3 2026) and -31.13% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Microchip Technology | 44.16 Bn | 43.16 Bn | 938.90 Mn | 20.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.73% |
| Mar 31, 2026 | 12.02% |
| Dec 31, 2025 | 33.01% |
| Sep 30, 2024 | 14.32% |
| Jun 30, 2024 | 20.09% |
| Mar 31, 2024 | 22.53% |
| Dec 31, 2023 | 13.44% |
| Sep 30, 2023 | 20.03% |
| Jun 30, 2023 | 21.44% |
| Mar 31, 2023 | 24.67% |
| Dec 31, 2022 | 23.87% |
| Sep 30, 2022 | 21.87% |
| Jun 30, 2022 | 21.56% |
| Mar 31, 2022 | 8.62% |
| Dec 31, 2021 | 20.09% |
| Sep 30, 2021 | 8.61% |
| Jun 30, 2021 | 14.88% |
| Mar 31, 2021 | 19.67% |
| Sep 30, 2020 | 17.12% |
| Dec 31, 2018 | 10.55% |
Microchip Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MCHP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MCHP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MCHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();