Microchip Technology Incorporated (MCHP) Tax Rate: 15.90%
Is Microchip Technology Incorporated’s tax rate high or low?
Microchip Technology Incorporated's tax rate of 15.90% is 44% below its 5-year average of 28.34%, near the low end of its 5-year range (-2.92%–101.29%).
The tax rate for Microchip Technology Incorporated (MCHP) is 15.90%. It is below its 12-month average by 72.86% (58.60%).
MCHP Tax Rate Chart
MCHP Average Tax Rate Chart
MCHP Current vs Average Tax Rate Chart
MCHP Tax Rate Metrics
TAX RATE
15.90%
TAX RATE AVG TTM
58.60%
TAX RATE AVG 3Y
39.92%
TAX RATE AVG 5Y
28.34%
TAX RATE AVG 10Y
-20.29%
TAX RATE AVG 15Y
-11.61%
TAX RATE AVG 20Y
-5.91%
CURRENT VS TTM AVG
-72.86%
CURRENT VS 3Y AVG
-60.17%
CURRENT VS 5Y AVG
-43.90%
CURRENT VS 10Y AVG
+178.37%
CURRENT VS 15Y AVG
+236.96%
CURRENT VS 20Y AVG
+368.97%
Microchip Technology Incorporated Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Microchip Technology Incorporated Tax Rate FAQ
- What is the tax rate for Microchip Technology Incorporated (MCHP)?
- The tax rate for MCHP stock is 15.90%.
- Is Microchip Technology Incorporated's tax rate high or low?
- Microchip Technology Incorporated's tax rate of 15.90% is 44% below its 5-year average of 28.34%, near the low end of its 5-year range (-2.92%–101.29%).
- What is the TTM average tax rate for Microchip Technology Incorporated (MCHP)?
- The TTM average tax rate for MCHP stock is 58.60%.
- What is the 3Y average tax rate for Microchip Technology Incorporated (MCHP)?
- The 3Y average tax rate for MCHP stock is 39.92%.
- What is the 5Y average tax rate for Microchip Technology Incorporated (MCHP)?
- The 5Y average tax rate for MCHP stock is 28.34%.
- What is the 10Y average tax rate for Microchip Technology Incorporated (MCHP)?
- The 10Y average tax rate for MCHP stock is -20.29%.
- What is the 15Y average tax rate for Microchip Technology Incorporated (MCHP)?
- The 15Y average tax rate for MCHP stock is -11.61%.
- What is the 20Y average tax rate for Microchip Technology Incorporated (MCHP)?
- The 20Y average tax rate for MCHP stock is -5.91%.
Microchip Technology Incorporated Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 15.90% |
| 2025-03-31 | 101.29% |
| 2024-03-31 | 19.40% |
| 2023-03-31 | 23.10% |
| 2022-03-31 | 13.29% |
| 2021-03-31 | -2.92% |
| 2020-03-31 | -279.39% |
| 2019-03-31 | -74.03% |
| 2018-03-31 | 65.36% |
| 2017-03-31 | -90.00% |
| 2016-03-31 | -15.16% |
| 2015-03-31 | -5.61% |
| 2014-03-31 | 8.57% |
| 2013-03-31 | 16.29% |
| 2012-03-31 | 11.32% |
| 2011-03-31 | 6.84% |
| 2010-03-31 | 8.75% |
| 2009-03-31 | -5.82% |
| 2008-03-31 | 15.17% |
| 2007-03-31 | 10.99% |
| 2006-03-31 | 32.52% |
| 2005-03-31 | 22.90% |
| 2004-03-31 | 22.84% |
| 2003-03-31 | 22.33% |
| 2002-03-31 | 25.46% |
| 2001-03-31 | 27.20% |
| 2000-03-31 | 25.51% |
| 1999-03-31 | 29.51% |
| 1998-03-31 | 26.99% |
| 1997-03-31 | 26.42% |
Related Metrics
About Microchip Technology Incorporated
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Stephen Sanghi