Microchip Technology MCHP
NASDAQ MCHP
$61.68 -0.40 (-0.64%)
At close: Nov 13, 2026 · 4:00 PM EST

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

Updated

Microchip Technology (MCHP) reported Tax Rate of 3.86% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 16.87 percentage points from the prior quarter.

Analysis

Microchip Technology (MCHP) Tax Rate (2009 - 2026) Analysis & Trends

Over the twelve months ended Sep 30, 2026, Microchip Technology's Tax Rate came in at 13.14%; for FY2026 (ended Mar 31, 2026), it was 15.90%, down 85.38 percentage points from FY2025.

  • Tax Rate has a four-year change of +2.62 percentage points (FY2022 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.
  • The fiscal Q2 2027 figure ranks as the lowest quarterly Tax Rate since fiscal Q3 2015.
  • The high point for year-over-year Tax Rate in five years was fiscal Q4 2023 (a gain of 16.05 percentage points); the low point was fiscal Q4 2022 (a drop of 11.05 percentage points).
  • Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 20.73% (Q1 2027), 12.02% (Q4 2026) and 33.01% (Q3 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SK hynix 24,980.27 Bn 24,964.04 Bn 43.99 Bn 23.46%
2 Taiwan Semiconductor Manufacturing 10,337.48 Bn 9,919.73 Bn 31.04 Bn 16.21%
3 Nvidia 3,939.34 Bn 3,713.50 Bn 72.14 Bn 16.53%
4 Broadcom 1,653.85 Bn 1,579.89 Bn 20.46 Bn 14.32%
5 Micron Technology 880.27 Bn 785.91 Bn 47.05 Bn 14.88%
6 Advanced Micro Devices 875.86 Bn 824.07 Bn 7.21 Bn -
7 Asml Holding 576.26 Bn 531.95 Bn 5.90 Bn -
8 Intel 316.79 Bn 179.50 Bn 7.10 Bn 11.60%
9 Applied Materials 294.03 Bn 294.03 Bn 5.25 Bn -
10 Microchip Technology 33.57 Bn 32.35 Bn 1.07 Bn 3.86%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 3.86%
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%
API Access

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_KEY