Deswell Industries (DSWL) Tax Rate (2021 - 2025)
Deswell Industries (DSWL) reported Tax Rate of 2.46% for Q1 2025, down 102.0% on a YoY basis from 123.09% in Q1 2024, and down 70.78% quarter-over-quarter from 1.44% in Q1 2024.
Deswell Industries (DSWL) Tax Rate (2021 - 2025) Analysis & Trends
Deswell Industries has reported Tax Rate for 5 years, with the latest figure at 2.46% in Q1 2025.
- For the quarter ending Q1 2025, Tax Rate fell 102.0% year-over-year to 2.46%; the trailing twelve-month figure through Mar 2025 stood at 3.62% (down 253.0% YoY), and the FY2025 full-year result was 1.43%, up 3.0% from the prior year.
- Tax Rate for Q1 2025 stood at 2.46%, down from 1.44% in the prior quarter.
- The five-year high for Tax Rate was 3.51% in Q1 2021, with the low at 9.08% in Q1 2022.
- Historically, Tax Rate has averaged 2.16% across 5 years, with a median of 1.44% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 1259 bps — and 2023, when it surged 772 bps.
- Deswell Industries' Tax Rate stood at 3.51% in 2021, then sank by 358 bps to 9.08% in 2022, then surged by 85 bps to 1.35% in 2023, then slipped by 6 bps to 1.44% in 2024, then sank by 71 bps to 2.46% in 2025.
- The last three Tax Rate figures came in at 2.46% (Q1 2025), 1.44% (Q1 2024), and 1.35% (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 42.68% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 22.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 9.24% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 20.63% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 27.55% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 26.00% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 6.73% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 14.59% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 25.41% |
| 10 | Deswell Industries | 1,536.90 | -31.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | -2.46% |
| Mar 31, 2025 | -2.46% |
| Mar 31, 2024 | -1.44% |
| Mar 31, 2024 | -1.44% |
| Mar 31, 2023 | -1.35% |
| Mar 31, 2023 | -1.35% |
| Mar 31, 2022 | -9.08% |
| Mar 31, 2022 | -9.08% |
| Mar 31, 2021 | 3.51% |
| Mar 31, 2021 | 3.51% |