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| Date | Value |
|---|---|
| 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 |