Wetouch Technology (WETH) Tax Rate (2020 - 2026)
Wetouch Technology (WETH) posted Tax Rate of 32.13% for Q2 2026, up 4.02 percentage points from 28.11% a year earlier and up 7.80 percentage points from the prior quarter.
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Analysis
Wetouch Technology (WETH) Tax Rate (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Wetouch Technology was 25.81%, down 4.17 percentage points year-over-year; for FY2025, it came in at 29.51%, down 1.07 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +14.73 percentage points (FY2020 to FY2025).
- In prior years, Wetouch Technology's Tax Rate was 30.59% in FY2024 (-2.48 pp), 33.07% in FY2023 (+5.32 pp), 27.75% in FY2022 (+7.52 pp) and 20.23% in FY2021 (+5.45 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -5.75 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 297.98 percentage points; the weakest was Q4 2024, with a drop of 308.77 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.33% (Q1 2026), -9.49% (Q4 2025) and 20.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 26.70% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.60% |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 32.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.13% |
| Mar 31, 2026 | 24.33% |
| Sep 30, 2025 | 20.10% |
| Jun 30, 2025 | 28.11% |
| Mar 31, 2025 | 36.47% |
| Sep 30, 2024 | 26.91% |
| Jun 30, 2024 | 28.92% |
| Mar 31, 2024 | 54.22% |
| Sep 30, 2023 | 28.65% |
| Jun 30, 2023 | 24.98% |
| Mar 31, 2023 | 33.47% |
| Sep 30, 2022 | 27.26% |
| Jun 30, 2022 | 28.33% |
| Mar 31, 2022 | 28.10% |
| Dec 31, 2021 | 10.27% |
| Sep 30, 2021 | 25.01% |
| Jun 30, 2021 | 27.14% |
| Mar 31, 2021 | 13.92% |
| Dec 31, 2020 | 31.66% |
| Sep 30, 2020 | 10.20% |
API Access
Wetouch Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();