Microvast Holdings (MVST) Tax Rate (2019 - 2020)
Microvast Holdings (MVST) reported Tax Rate of -61.28% for Q4 2025, up 37.26 percentage points from the prior quarter.
Powered by 
Analysis
Microvast Holdings (MVST) Tax Rate (2019 - 2020) Analysis & Trends
For FY2025, Microvast Holdings posted Tax Rate of 15.42%.
- Tax Rate has a five-year change of +15.42 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.01% in FY2023 (+0.01 pp) and -0.02% in FY2022.
- Five-year quarterly Tax Rate spans a low of -98.53% in Q3 2025 and a high of 0.69% in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 28.32% |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 19.82% |
| Sep 30, 2019 | 20.49% |
| Jun 30, 2019 | 21.36% |
| Mar 31, 2019 | 21.00% |
API Access
Microvast Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();