Caledonia Mining (CMCL) Tax Rate (2010 - 2024)
Caledonia Mining's Tax Rate was -26.17% in the quarter ended Jun 30, 2026, up 6.29 percentage points from -32.46% a year earlier and up 4.54 percentage points from the prior quarter.
Caledonia Mining (CMCL) Tax Rate (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Caledonia Mining's Tax Rate was -79.20% through Jun 30, 2026, down 41.18 percentage points year-over-year; for the year ended Dec 31, 2025, it was -36.65%, up 6.49 percentage points from the prior year.
- Tax Rate shows a five-year change of -1.43 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was -43.14% in the year ended Dec 31, 2024 (+117.59 pp), -160.73% in the year ended Dec 31, 2023 (-209.32 pp), 48.60% in the year ended Dec 31, 2022 (+87.17 pp) and -38.58% in the year ended Dec 31, 2021 (-3.35 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Tax Rate since the quarter ended Dec 31, 2023.
- Compared with a year earlier, Tax Rate was higher in three of the last five quarters, with an average year-over-year change of -98.72 percentage points.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Dec 31, 2023 (a gain of 245.32 percentage points); the worst was the quarter ended Jun 30, 2023 (a drop of 1802.38 percentage points).
- Per Business Quant data, CMCL's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was -30.71% (quarter ended Mar 31, 2026), -269.14% (quarter ended Dec 31, 2025) and -35.35% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Caledonia Mining | 454.24 Mn | 90.69 Mn | 39.18 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 33.60% |
| Dec 31, 2023 | 254.97% |
| Sep 30, 2023 | 43.41% |
| Sep 30, 2022 | 35.99% |
| Jun 30, 2022 | 41.35% |
| Mar 31, 2022 | 46.84% |
| Dec 31, 2019 | 31.35% |
| Sep 30, 2019 | 44.58% |
| Jun 30, 2019 | 98.27% |
| Mar 31, 2012 | 12.54% |
| Sep 30, 2011 | 29.87% |
| Sep 30, 2010 | 0.67% |
Caledonia Mining 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=CMCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CMCL", "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=CMCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();