Magnachip Semiconductor (MX) Tax Rate (2010 - 2024)
Magnachip Semiconductor (MX) posted Tax Rate of 20.72% for Q2 2026, up 102.41 percentage points from -81.70% a year earlier but down 8.17 percentage points from the prior quarter.
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Analysis
Magnachip Semiconductor (MX) Tax Rate (2010 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Magnachip Semiconductor was 35.23%, down 22.64 percentage points year-over-year; for FY2025, it came in at 55.66%, up 32.57 percentage points from FY2024.
- Annual Tax Rate has increased for three consecutive years, with a five-year change of +482.48 percentage points (FY2020 to FY2025).
- In prior years, Magnachip Semiconductor's Tax Rate was 23.09% in FY2024 (+0.09 pp), 23.00% in FY2023 (+202.12 pp), -179.12% in FY2022 (-202.46 pp) and 23.34% in FY2021 (+450.15 pp).
- Quarterly Tax Rate has run from a low of -81.70% in Q2 2025 to a high of 278.55% in Q3 2024 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2021, with a gain of 243.16 percentage points; the weakest was Q3 2025, with a drop of 250.34 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 28.89% (Q1 2026), 51.08% (Q4 2025) and 28.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,191.66 Bn | 4,965.82 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,166.57 Bn | 1,791.43 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,581.60 Bn | 1,507.64 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 997.01 Bn | 902.65 Bn | 47.05 Bn | 14.88% |
| 5 | Advanced Micro Devices | 868.70 Bn | 825.44 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 631.90 Bn | 587.59 Bn | 5.90 Bn | - |
| 7 | Intel | 457.79 Bn | 326.93 Bn | 6.51 Bn | - |
| 8 | Lam Research | 331.73 Bn | 308.53 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 321.36 Bn | 286.80 Bn | 4.59 Bn | 12.69% |
| 10 | Magnachip Semiconductor | 91.68 Mn | -313.28 Mn | 8.65 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 278.55% |
| Dec 31, 2022 | 68.67% |
| Mar 31, 2022 | 26.77% |
| Dec 31, 2021 | 17.31% |
| Sep 30, 2021 | 22.63% |
| Jun 30, 2021 | 108.24% |
| Jun 30, 2020 | 5.44% |
| Sep 30, 2018 | 8.54% |
| Mar 31, 2018 | 26.38% |
| Sep 30, 2017 | 14.33% |
| Mar 31, 2017 | 1.91% |
| Sep 30, 2016 | 2.48% |
| Mar 31, 2016 | 9.12% |
| Jun 30, 2014 | 4.19% |
| Sep 30, 2013 | 65.43% |
| Dec 31, 2012 | 7.80% |
| Sep 30, 2012 | 7.46% |
| Jun 30, 2012 | 42.13% |
| Mar 31, 2012 | 12.75% |
| Jun 30, 2011 | 5.86% |
API Access
Magnachip Semiconductor 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=MX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MX", "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=MX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();