Caledonia Mining (CMCL) Tax Rate (2009 - 2026)
Caledonia Mining (CMCL) posted quarterly Tax Rate of 30.71% for Q1 2026, up 657.0% YoY from 4.06% in Q1 2025, and down 170.5% sequentially from 43.56% in Q4 2025.
Caledonia Mining (CMCL) Tax Rate (2009 - 2026) Analysis & Trends
Caledonia Mining has disclosed Tax Rate across 18 years of filings, most recently posting 30.71% for Q1 2026.
- In Q1 2026, Tax Rate rose 657.0% year-over-year to 30.71%; the TTM figure through Mar 2026 stood at 32.41% (up 121.0% YoY), while the FY2025 annual figure was 36.65%, down 2241.0% from the prior year.
- Tax Rate retreated to 30.71% in Q1 2026, from 43.56% in the prior quarter.
- Over the last five years, Tax Rate for CMCL reached as high as 347.33% in Q4 2023 and fell as low as 1761.03% in Q2 2023.
- The 5-year median for Tax Rate is 30.71% (2026), against an average of 88.92%.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 180238 bps — and 2024, when it soared 172743 bps.
- A 5-year view of Tax Rate shows it stood at 9.65% in 2022, then surged by 3498 bps to 347.33% in 2023, then sank by 112 bps to 40.93% in 2024, then jumped by 206 bps to 43.56% in 2025, then tumbled by 171 bps to 30.71% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 30.71%, 43.56%, and 35.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -22.87% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 85.30% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 30.63% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -16.06% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 14.49% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -4.28% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 21.40% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -35.21% |
| 10 | Caledonia Mining | 3.20 Bn | 3.06 Bn | 32.10 Mn | -30.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -30.71% |
| Mar 31, 2026 | -30.71% |
| Dec 31, 2025 | 43.56% |
| Dec 31, 2025 | 43.56% |
| Sep 30, 2025 | -35.35% |
| Sep 30, 2025 | -35.35% |
| Jun 30, 2025 | -32.46% |
| Jun 30, 2025 | -32.46% |
| Mar 31, 2025 | -37.28% |
| Mar 31, 2025 | -37.28% |
| Dec 31, 2024 | -40.93% |
| Dec 31, 2024 | -40.93% |
| Sep 30, 2024 | -58.35% |
| Sep 30, 2024 | -58.35% |
| Jun 30, 2024 | -33.60% |
| Jun 30, 2024 | -33.60% |
| Mar 31, 2024 | 54.95% |
| Mar 31, 2024 | 54.95% |
| Dec 31, 2023 | 347.33% |
| Dec 31, 2023 | 347.33% |