Wetouch Technology (WETH) Tax Rate (2020 - 2026)
Wetouch Technology (WETH) posted quarterly Tax Rate of 24.31% for Q1 2026, down 1229.0% year-over-year from 2.15% in Q1 2025, and up 190.31% quarter-over-quarter from 26.92% in Q4 2025.
Wetouch Technology (WETH) Tax Rate (2020 - 2026) Analysis & Trends
Wetouch Technology's Tax Rate history runs 7 years deep, the most recent figure standing at 24.31% for Q1 2026.
- In Q1 2026, Tax Rate fell 1229.0% year-over-year to 24.31%; the TTM figure through Mar 2026 stood at 24.75% (down 721.0% YoY), while the FY2025 annual figure was 29.78%, down 315.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.31%, up from 26.92% in the prior quarter.
- The five-year high for Tax Rate was 448.64% in Q4 2024, with the low at 26.92% in Q4 2025.
- The 5-year median for Tax Rate is 28.1% (2022), against an average of 50.33%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 44734 bps in 2024, then tumbled 47556 bps in 2025.
- Wetouch Technology's Tax Rate stood at 43.21% in 2022, then slumped by 97 bps to 1.3% in 2023, then jumped by 34500 bps to 448.64% in 2024, then slumped by 106 bps to 26.92% in 2025, then soared by 190 bps to 24.31% in 2026.
- Business Quant data shows WETH's Tax Rate at 24.31% in Q1 2026, 26.92% in Q4 2025, and 20.1% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 378.62 Bn | 372.51 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.23 Bn | 127.73 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.62 Bn | 57.38 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.26 Bn | 37.42 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.38 Bn | 33.85 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.23 Bn | 31.87 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.93 Bn | 15.05 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.85 Bn | 11.33 Bn | 211.86 Mn | -2.22% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 23.63% |
| 10 | Wetouch Technology | 14.97 Mn | -112.55 Mn | 4.88 Mn | 34.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.31% |
| Mar 31, 2026 | 24.31% |
| Mar 31, 2026 | 24.31% |
| Dec 31, 2025 | -26.92% |
| Dec 31, 2025 | -26.92% |
| Dec 31, 2025 | -26.92% |
| Sep 30, 2025 | 20.10% |
| Sep 30, 2025 | 20.10% |
| Sep 30, 2025 | 20.10% |
| Jun 30, 2025 | 27.59% |
| Jun 30, 2025 | 27.59% |
| Jun 30, 2025 | 27.59% |
| Mar 31, 2025 | 36.60% |
| Mar 31, 2025 | 36.60% |
| Mar 31, 2025 | 36.60% |
| Dec 31, 2024 | 448.64% |
| Dec 31, 2024 | 448.64% |
| Dec 31, 2024 | 448.64% |
| Sep 30, 2024 | 26.91% |
| Sep 30, 2024 | 26.91% |