This study was conducted to assess the effectiveness of phytase on the performance, carcass traits, nutrient digestibility, tibia characteristics, and inositol phosphorus (IP) degradation in broiler chickens. Additionally, the available phosphorus (AP) equivalency of phytase in AP-deficient diets was estimated for 35 days after hatching. A total of 336 one-day-old Ross 308 broiler chicks were allocated to one of seven dietary treatments with six replications with eight birds per cage. The dietary treatments were as follows: (1) positive control containing 0.45% AP of the starter and 0.42% AP of the grower diet (PC), (2) 0.10% AP deficiency from the PC (NC-1), (3) 0.15% AP deficiency from the PC (NC-2), (4) 0.20% AP deficiency from the PC (NC-3), (5) NC-3 +phytase (500 FTU/kg; NC-3-500), (6) NC-3 + phytase (1000 FTU/kg; NC-3-1000), and (7) NC-3 + phytase (1500 FTU/kg; NC-3-1500). On d 35, the NC-3 diet exhibited lower tibia weight compared to the other treatments (p < 0.001). The NC-3-1500 group had higher calcium and phosphorus contents in the tibia than the other treatments on d 35 (p < 0.01). Phytase supplementation led to a reduced IP6 concentration and increased IP3 concentrations in different sections of the gastrointestinal tract on d 21 and 35 compared to the control diet (p < 0.05). In conclusion, based on the tibia phosphorus content, this study determined that 500 FTU/kg phytase was equivalent to 0.377% and 0.383% AP in the diet on d 21, and 0.317% and 0.307% AP in the diet on d 35, respectively. Likewise, 1000 FTU/kg was determined to be equivalent to 0.476% and 0.448% AP on d 21, and 0.437% and 0.403% AP on d 35, respectively. Furthermore, 1500 FTU/kg was determined to be equivalent to 0.574% and 0.504% AP on d 21, and 0.557% and 0.500 AP on d 35, respectively.