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
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%