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
DateValue
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%