Wetouch Technology (WETH) Tax Rate (2020 - 2026)

Wetouch Technology has reported Tax Rate for 7 years, with the latest figure at 34.0% in Q2 2026.

• On a quarterly basis, Tax Rate rose 589.0% year-over-year to 34.0% in Q2 2026; TTM through Jun 2026 was 26.68%, a 524.0% decrease from a year earlier, with the FY2025 full-year figure at 29.78%, down 315.0% from the prior year.
• Tax Rate was 34.0% for Q2 2026 at Wetouch Technology, up from 24.33% in the prior quarter.
• The five-year high for Tax Rate was 448.64% in Q4 2024, with the low at 1.3% in Q4 2023.
• Average Tax Rate over 5 years is 51.46%, with a median of 28.22% recorded in 2022.
• The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 44734 bps in 2024, then slumped 44156 bps in 2025.
• Over 5 years, Tax Rate stood at 43.21% in 2022, then slumped by 97 bps to 1.3% in 2023, then soared by 34500 bps to 448.64% in 2024, then tumbled by 98 bps to 7.08% in 2025, then jumped by 380 bps to 34.0% in 2026.
• The last three Tax Rate figures came in at 34.0% (Q2 2026), 24.33% (Q1 2026), and 7.08% (Q4 2025), per Business Quant data.