Hudbay Minerals (HBM) Tax Rate (2014 - 2024)
Hudbay Minerals (HBM) reported Tax Rate of 5204.5% for Q2 2024, up 531031.0% year-over-year from N/an in Q3 2023, and up 5018.89% quarter-over-quarter from 105.81% in Q2 2023.
Hudbay Minerals (HBM) Tax Rate (2014 - 2024) Analysis & Trends
Hudbay Minerals (HBM) has 11 years of Tax Rate data on file, last reported at 5204.5% in Q2 2024.
- Tax Rate for Q2 2024 came in at 5204.5%, up 531031.0% year-over-year; the trailing twelve-month figure through Jun 2024 was 8.33% (down 2568.0% YoY), and the FY2025 annual result was 38.12%, down 3493.0% from the prior year.
- Tax Rate advanced to 5204.5% in Q2 2024 per HBM's latest filing, from 105.81% in the prior quarter.
- Over five years, Tax Rate peaked at 5204.5% in Q2 2024 and troughed at 712.95% in Q4 2020.
- A 5-year average of 380.43% and a median of 9.89% in 2021 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2020 and 2024: Tax Rate slumped 80952 bps in 2020, then jumped 531031 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 712.95% in 2020, then surged by 100 bps to 2.36% in 2021, then slumped by 1303 bps to 33.1% in 2022, then plunged by 220 bps to 105.81% in 2023, then jumped by 5019 bps to 5204.5% in 2024.
- Business Quant data shows HBM's Tax Rate at 5204.5% in Q2 2024, 105.81% in Q2 2023, and 33.1% in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | 32.10% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | -5.66% |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 13.03% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 49.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 5,204.50% |
| Jun 30, 2024 | 5,204.50% |
| Jun 30, 2023 | -105.81% |
| Jun 30, 2023 | -105.81% |
| Jun 30, 2022 | -33.10% |
| Jun 30, 2022 | -33.10% |
| Mar 31, 2022 | 28.19% |
| Mar 31, 2022 | 28.19% |
| Dec 31, 2021 | -2.36% |
| Dec 31, 2021 | -2.36% |
| Sep 30, 2021 | 13.25% |
| Sep 30, 2021 | 13.25% |
| Jun 30, 2021 | 122.91% |
| Jun 30, 2021 | 122.91% |
| Mar 31, 2021 | 13.64% |
| Mar 31, 2021 | 13.64% |
| Dec 31, 2020 | -712.95% |
| Dec 31, 2020 | -712.95% |
| Sep 30, 2020 | -0.05% |
| Sep 30, 2020 | -0.05% |