Hudbay Minerals (HBM) Deferred Taxes (2011 - 2026)

For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Hudbay Minerals was $487 million, up 117.1% year-over-year; for the year ended Dec 31, 2025, it came in at $347.7 million, up 89.2% from the prior year.

• Annual Deferred Taxes has increased for three consecutive years, with a four-year compound annual growth rate of 70.0% (years ended Dec 2021 to Dec 2025).
• In prior years, Hudbay Minerals' Deferred Taxes was $183.8 million in the year ended Dec 31, 2024 (+123.3%), $82.3 million in the year ended Dec 31, 2023 (+223.6%), $25.43 million in the year ended Dec 31, 2022 (-38.9%) and $41.61 million in the year ended Dec 31, 2021.
• Quarterly Deferred Taxes has run from a low of -$10.64 million in the quarter ended Dec 31, 2022 to a high of $147.5 million in the quarter ended Mar 31, 2026 over five years.
• On a year-over-year basis, Deferred Taxes has increased in each of the last seven quarters, with growth averaging 97.2% over the last eight quarters.
• The strongest year-over-year quarter for Deferred Taxes in the past five years was the quarter ended Sep 30, 2023, with growth of 391.1%; the weakest was the quarter ended Sep 30, 2022, with a decline of 65.1%.
• According to Business Quant data, Deferred Taxes for the three prior quarters was $147.5 million (quarter ended Mar 31, 2026), $129.1 million (quarter ended Dec 31, 2025) and $108.1 million (quarter ended Sep 30, 2025).