Microvast Holdings (MVST) Tax Rate (2019 - 2025)
Microvast Holdings' quarterly Tax Rate came in at 61.28% in Q4 2025, up 37.81% quarter-over-quarter from 98.53% in Q3 2025.
Microvast Holdings has reported Tax Rate for 6 years, with the latest figure at 61.28% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate changed N/A year-over-year to 61.28%; the trailing twelve-month figure through Dec 2025 stood at 15.42% (changed N/A YoY), and the FY2025 full-year result was 15.42%, changed N/A from the prior year.
- Tax Rate for Q4 2025 stood at 61.28%, up from 98.53% in the prior quarter.
- The five-year high for Tax Rate was 0.69% in Q4 2021, with the low at 98.53% in Q3 2025.
- Average Tax Rate over 4 years is 17.85%, with a median of 0.21% recorded in 2025.
- Peak annual rise in Tax Rate reached 60 bps in 2021, while the deepest fall reached 2050 bps in 2021.
- Tracing MVST's Tax Rate over 4 years: stood at 0.69% in 2021, then sank by 114 bps to 0.1% in 2022, then jumped by 58 bps to 0.04% in 2023, then sank by 150526 bps to 61.28% in 2025.
- The last three Tax Rate figures came in at 61.28% (Q4 2025), 98.53% (Q3 2025), and 0.21% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 22.55 |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 20.70 |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 23.17 |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | -21.56 |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 22.26 |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 28.42 |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 15.15 |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 29.70 |
| 10 | Microvast Holdings | 458.66 Mn | 284.66 Mn | 19.16 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -61.28 |
| Dec 31, 2025 | -61.28 |
| Sep 30, 2025 | -98.53 |
| Sep 30, 2025 | -98.53 |
| Jun 30, 2025 | -0.21 |
| Jun 30, 2025 | -0.21 |
| Dec 31, 2023 | -0.04 |
| Dec 31, 2023 | -0.04 |
| Dec 31, 2022 | -0.10 |
| Dec 31, 2022 | -0.10 |
| Dec 31, 2021 | 0.69 |
| Dec 31, 2021 | 0.69 |
| Sep 30, 2021 | -0.09 |
| Sep 30, 2021 | -0.09 |
| Jun 30, 2021 | -0.40 |
| Jun 30, 2021 | -0.40 |
| Mar 31, 2021 | -0.67 |
| Mar 31, 2021 | -0.67 |
| Dec 31, 2020 | 0.09 |
| Dec 31, 2020 | 0.09 |
| Sep 30, 2020 | 2.61 |
| Sep 30, 2020 | 2.61 |
| Jun 30, 2020 | 12.74 |
| Jun 30, 2020 | 12.74 |
| Mar 31, 2020 | 19.82 |
| Mar 31, 2020 | 19.82 |
| Dec 31, 2019 | 0.74 |
| Dec 31, 2019 | 0.74 |
| Sep 30, 2019 | 20.49 |
| Sep 30, 2019 | 20.49 |
| Jun 30, 2019 | 21.36 |
| Jun 30, 2019 | 21.36 |
| Mar 31, 2019 | 21.00 |
| Mar 31, 2019 | 21.00 |