Hudbay Minerals (HBM) Tax Provisions (2014 - 2024)

Hudbay Minerals (HBM) reported Tax Provisions of $20.8 million for Q2 2024, up 231.77% year-over-year from $6.3 million in Q3 2023, and up 231.77% quarter-over-quarter from -$15.8 million in Q2 2023.

Hudbay Minerals (HBM) Tax Provisions (2014 - 2024) Analysis & Trends

Hudbay Minerals (HBM) has 11 years of Tax Provisions data on file, last reported at $20.8 million in Q2 2024.

  • Tax Provisions for Q2 2024 came in at $20.8 million, up 231.77% year-over-year; the trailing twelve-month figure through Jun 2024 was $19.4 million (up 117.98% YoY), and the FY2025 annual result was $347.7 million, up 89.17% from the prior year.
  • Tax Provisions grew to $20.8 million in Q2 2024 per HBM's latest filing, from -$15.8 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $25.0 million in Q1 2022 and troughed at -$22.7 million in Q2 2020.
  • A 5-year average of $2.2 million and a median of -$2.7 million in 2020 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2020 and 2021: Tax Provisions tumbled 322.27% in 2020, then soared 205181.82% in 2021.
  • A 5-year view of Tax Provisions shows it stood at -$6.5 million in 2020, then soared by 258.65% to $10.3 million in 2021, then slumped by 203.25% to -$10.6 million in 2022, then sank by 48.5% to -$15.8 million in 2023, then jumped by 231.77% to $20.8 million in 2024.
  • Business Quant data shows HBM's Tax Provisions at $20.8 million in Q2 2024, -$15.8 million in Q2 2023, and -$10.6 million in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn -
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 653.00 Mn
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn -
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -7.20 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 12.20 Mn
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 12.15 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 20.82 Mn
Jun 30, 2023 -15.80 Mn
Jun 30, 2022 -10.64 Mn
Mar 31, 2022 25.05 Mn
Dec 31, 2021 10.30 Mn
Sep 30, 2021 22.58 Mn
Jun 30, 2021 18.21 Mn
Mar 31, 2021 -9.49 Mn
Dec 31, 2020 -6.50 Mn
Sep 30, 2020 11,000.00
Jun 30, 2020 -22.70 Mn
Mar 31, 2020 -5.32 Mn
Dec 31, 2019 -40.90 Mn
Sep 30, 2019 -73.57 Mn
Jun 30, 2019 10.21 Mn
Mar 31, 2019 -4.70 Mn
Jun 30, 2018 25.12 Mn
Jun 30, 2017 16.23 Mn
Mar 31, 2017 11.33 Mn
Dec 31, 2016 15.90 Mn