Tax-Equivalent Yield
Calculate Tax-Equivalent Yield instantly with the exact formula and a worked example. Free online calculator — no signup, works on mobile.
Tax-Equivalent Yield
Tax-free yield%
Tax%
TEY
6.6667%
More about: Tax-Equivalent Yield
What it calculates
The “Tax-Equivalent Yield” calculator computes TEY in % from 2 parameters: tax-free yield (%), tax (%).
Used by investors to estimate returns, project savings, and analyze a portfolio.
Example calculation
With parameters Tax-free yield = 5 %, Tax = 25 % the result is 6.67 %.
How to use
- Enter the parameter values — every field above is adjustable with a slider.
- The result and related metrics are calculated automatically as you type.
- Use the additional metrics shown (if any) where needed.
- Copy the result or bookmark the page.