Growth Metrics

Wetouch Technology (WETH) Tax Rate (2020 - 2025)

Wetouch Technology (WETH) has 6 years of Tax Rate data on record, last reported at 20.1% in Q3 2025.

  • For Q3 2025, Tax Rate fell 681.0% year-over-year to 20.1%; the TTM value through Sep 2025 reached 28.35%, down 1293.0%, while the annual FY2024 figure was 31.07%, 200.0% down from the prior year.
  • Tax Rate reached 20.1% in Q3 2025 per WETH's latest filing, down from 27.76% in the prior quarter.
  • Across five years, Tax Rate topped out at 54.22% in Q1 2024 and bottomed at 151.77% in Q4 2024.
  • Average Tax Rate over 5 years is 17.59%, with a median of 27.26% recorded in 2022.
  • Peak YoY movement for Tax Rate: soared 3293bps in 2022, then plummeted -15307bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 10.27% in 2021, then surged by 321bps to 43.21% in 2022, then tumbled by -97bps to 1.3% in 2023, then crashed by -11805bps to 151.77% in 2024, then soared by 113bps to 20.1% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 20.1% in Q3 2025, 27.76% in Q2 2025, and 36.47% in Q1 2025.