Growth Metrics

Axt (AXTI) Tax Rate: 2010-2023

Historic Tax Rate for Axt (AXTI) over the last 15 years, with FY2024 value amounting to 10.6%.

  • Axt's Tax Rate fell 154300.0% to 43.11% in Q3 2025 from the same period last year, while for Sep 2025 it was 7.3%, marking a year-over-year increase of 59500.0%. This contributed to the annual value of 10.6% for FY2024, which is 123700.0% down from last year.
  • Per Axt's latest filing, its Tax Rate stood at 10.6% for FY2024, which was down 123700.0% from 1.78% recorded in FY2023.
  • Axt's 5-year Tax Rate high stood at 28.61% for FY2020, and its period low was 10.6% during FY2024.
  • In the last 5 years, Axt's Tax Rate had a median value of 10.51% in 2022 and averaged 9.96%.
  • Per our database at Business Quant, Axt's Tax Rate surged by 870900bps in 2020 and then tumbled by -123700bps in 2024.
  • Axt's Tax Rate (Annual) stood at 28.61% in 2020, then crashed by -32bps to 19.5% in 2021, then tumbled by -46bps to 10.51% in 2022, then tumbled by -83bps to 1.78% in 2023, then tumbled by -697bps to 10.6% in 2024.
  • Its Tax Rate was 10.6% in FY2024, compared to 1.78% in FY2023 and 10.51% in FY2022.