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.