Microvast Holdings (MVSTW) Tax Rate (2019 - 2025)
Microvast Holdings (MVSTW) posted quarterly Tax Rate of 61.28% for Q4 2025, up 37.81% on a QoQ basis from 98.53% in Q3 2025.
Microvast Holdings (MVSTW) Tax Rate (2019 - 2025) Analysis & Trends
Microvast Holdings (MVSTW) has reported Tax Rate for 6 consecutive years, with 61.28% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate changed N/A year-over-year to 61.28%; the TTM figure through Dec 2025 stood at 15.42% (changed N/A YoY), while the FY2025 annual figure was 15.42%, changed N/A from the prior year.
- Tax Rate came in at 61.28% for Q4 2025 at Microvast Holdings, 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.
- The largest YoY upside for Tax Rate was 60 bps in 2021 against a maximum downside of 2050 bps in 2021.
- Year by year, Tax Rate stood at 0.69% in 2021, then tumbled by 114 bps to 0.1% in 2022, then soared by 58 bps to 0.04% in 2023, then tumbled by 150526 bps to 61.28% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 61.28%, 98.53%, and 0.21% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 885.71% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 21.12% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 101.15% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 23.17% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 22.26% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 28.42% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 29.70% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -21.56% |
| 10 | Microvast Holdings | - | - | 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% |