Goldgroup Mining (GORO) Tax Rate (2011 - 2026)
Goldgroup Mining's Tax Rate came in at 49.86% for Q1 2026, up 56.62 percentage points from -6.76% a year earlier and up 40.29 percentage points from the prior quarter.
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Analysis
Goldgroup Mining (GORO) Tax Rate (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Goldgroup Mining reported Tax Rate of 53.83%, up 78.40 percentage points year-over-year; for FY2025, it came in at -105.51%, down 85.90 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, though with a five-year change of +629.72 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -19.60% in FY2024 (-39.19 pp), 19.59% in FY2023 (-362.85 pp), 382.44% in FY2022 (+327.94 pp) and 54.50% in FY2021 (+789.72 pp).
- The Q1 2026 figure represents the highest quarterly Tax Rate since Q2 2022.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -6.33 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2025 (a gain of 149.60 percentage points), and the weakest in Q2 2024 (a drop of 171.12 percentage points).
- Business Quant data shows GORO's Tax Rate at 9.57% (Q4 2025), -24.23% (Q3 2025) and 0.11% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | - |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | - |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Goldgroup Mining | 542.32 Mn | 463.81 Mn | 19.05 Mn | 49.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 49.86% |
| Dec 31, 2025 | 9.57% |
| Jun 30, 2022 | 58.88% |
| Mar 31, 2022 | 57.63% |
| Dec 31, 2021 | 51.99% |
| Sep 30, 2021 | 61.84% |
| Jun 30, 2021 | 59.33% |
| Mar 31, 2021 | 50.77% |
| Dec 31, 2020 | 208.52% |
| Sep 30, 2020 | 109.37% |
| Dec 31, 2019 | 102.58% |
| Sep 30, 2019 | 44.80% |
| Jun 30, 2019 | 46.03% |
| Mar 31, 2019 | 56.32% |
| Dec 31, 2018 | 32.79% |
| Jun 30, 2018 | 32.18% |
| Mar 31, 2018 | 40.05% |
| Dec 31, 2017 | 148.59% |
| Sep 30, 2017 | 40.38% |
| Jun 30, 2017 | 52.16% |
API Access
Goldgroup 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=GORO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GORO", "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=GORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();