Hudbay Minerals (HBM) Tax Rate (2010 - 2026)
Hudbay Minerals' Tax Rate was 42.55% in the quarter ended Jun 30, 2026, up 17.47 percentage points from 25.08% a year earlier but down 0.96 percentage points from the prior quarter.
Hudbay Minerals (HBM) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hudbay Minerals' Tax Rate was 41.73% through Jun 30, 2026, down 2.44 percentage points year-over-year; for the year ended Dec 31, 2025, it was 38.13%, down 34.93 percentage points from the prior year.
- Tax Rate shows a five-year change of +18.86 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was 73.05% in the year ended Dec 31, 2024 (+18.84 pp), 54.22% in the year ended Dec 31, 2023 (+27.67 pp), 26.54% in the year ended Dec 31, 2022 (+47.07 pp) and -20.52% in the year ended Dec 31, 2021 (-39.79 pp).
- Quarterly Tax Rate has moved between -6915.44% (the quarter ended Dec 31, 2021) and 5204.50% (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -651.60 percentage points.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Dec 31, 2022 (a gain of 6989.90 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 6202.48 percentage points).
- Per Business Quant data, HBM's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was 43.51% (quarter ended Mar 31, 2026), 50.21% (quarter ended Dec 31, 2025) and 32.71% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Hudbay Minerals | 10.55 Bn | 7.87 Bn | 269.00 Mn | 42.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.55% |
| Mar 31, 2026 | 43.51% |
| Dec 31, 2025 | 50.21% |
| Sep 30, 2025 | 32.71% |
| Jun 30, 2025 | 25.08% |
| Mar 31, 2025 | 42.09% |
| Dec 31, 2024 | 81.39% |
| Sep 30, 2024 | 36.89% |
| Jun 30, 2024 | 5,204.50% |
| Mar 31, 2024 | 72.71% |
| Dec 31, 2023 | 58.64% |
| Sep 30, 2023 | 45.94% |
| Mar 31, 2023 | 68.69% |
| Mar 31, 2022 | 28.19% |
| Jun 30, 2021 | 122.91% |
| Dec 31, 2018 | 119.89% |
| Sep 30, 2018 | 24.69% |
| Jun 30, 2018 | 50.45% |
| Mar 31, 2018 | 43.31% |
| Sep 30, 2017 | 30.23% |
Hudbay Minerals 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=HBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HBM", "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=HBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();