Growth Metrics

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 🔒
DateValue
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