Fortuna Mining (FSM) Tax Rate (2010 - 2025)
Fortuna Mining (FSM) recorded Tax Rate of -45.89% in the quarter ended Jun 30, 2026, down 4.53 percentage points from -41.36% a year earlier and down 13.16 percentage points from the prior quarter.
Fortuna Mining (FSM) Tax Rate (2010 - 2025) Analysis & Trends
On a TTM basis, Fortuna Mining's Tax Rate came in at -11.22% as of Jun 30, 2026, down 4.07 percentage points year-over-year; for the year ended Dec 31, 2025, it was 27.84%, down 8.44 percentage points from the prior year.
- Annual Tax Rate has a five-year change of -35.60 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at 36.28% in the year ended Dec 31, 2024 (+331.08 pp), -294.81% in the year ended Dec 31, 2023 (-286.18 pp), -8.63% in the year ended Dec 31, 2022 (-53.21 pp) and 44.58% in the year ended Dec 31, 2021 (-18.86 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Tax Rate since the quarter ended Sep 30, 2019.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -15.33 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 341.29 percentage points in the quarter ended Sep 30, 2022, against a drop of 426.83 percentage points in the quarter ended Sep 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -32.74% (quarter ended Mar 31, 2026), 33.66% (quarter ended Dec 31, 2025) and 16.22% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | - |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | - |
| 10 | Fortuna Mining | 3.41 Bn | 1.20 Bn | 183.46 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 33.66% |
| Sep 30, 2025 | 16.22% |
| Dec 31, 2024 | 58.00% |
| Sep 30, 2024 | 36.05% |
| Jun 30, 2024 | 81.00% |
| Mar 31, 2024 | 36.36% |
| Sep 30, 2023 | 13.71% |
| Jun 30, 2023 | 32.12% |
| Mar 31, 2023 | 45.44% |
| Sep 30, 2022 | 440.54% |
| Jun 30, 2022 | 58.88% |
| Mar 31, 2022 | 35.14% |
| Dec 31, 2021 | 14.06% |
| Sep 30, 2021 | 99.25% |
| Jun 30, 2021 | 43.18% |
| Mar 31, 2021 | 22.99% |
| Dec 31, 2020 | 26.56% |
| Sep 30, 2020 | 55.36% |
| Jun 30, 2020 | 733.15% |
| Mar 31, 2020 | 37.35% |
Fortuna 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=FSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FSM", "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=FSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();