Hudbay Minerals (HBM) Tax Rate (2010 - 2026)
Hudbay Minerals (HBM) posted quarterly Tax Rate of 42.55% for Q2 2026, up 1747.0% year-over-year from 2.3% in Q2 2025, and down 2.2% quarter-over-quarter from 43.51% in Q1 2026.
Hudbay Minerals (HBM) Tax Rate (2010 - 2026) Analysis & Trends
Hudbay Minerals (HBM) has reported Tax Rate for 17 consecutive years, with 42.55% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 1747.0% year-over-year to 42.55%; the TTM figure through Jun 2026 stood at 41.73% (down 3279.0% YoY), while the FY2025 annual figure was 38.12%, down 37214.0% from the prior year.
- Tax Rate fell to 42.55% in Q2 2026 per HBM's latest filing, from 43.51% in the prior quarter.
- Across five years, Tax Rate topped out at 5204.5% in Q2 2024 and bottomed at 81.86% in Q4 2024.
- Historically, Tax Rate has averaged 320.15% across 5 years, with a median of 43.03% in 2026.
- Annual changes were most pronounced in 2024 — Tax Rate soared 515309 bps — and 2025, when it plunged 517942 bps.
- Hudbay Minerals' Tax Rate stood at 22.25% in 2022, then soared by 364 bps to 58.64% in 2023, then sank by 240 bps to 81.86% in 2024, then jumped by 161 bps to 50.21% in 2025, then decreased by 15 bps to 42.55% in 2026.
- Business Quant data shows HBM's Tax Rate at 42.55% in Q2 2026, 43.51% in Q1 2026, and 50.21% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 158.69 Bn | 151.36 Bn | 2.90 Bn | 36.37% |
| 2 | Freeport-Mcmoran | 98.33 Bn | 94.25 Bn | 2.19 Bn | 28.19% |
| 3 | Hudbay Minerals | 10.93 Bn | 9.89 Bn | 269.00 Mn | 42.55% |
| 4 | Ero Copper | 3.72 Bn | 3.62 Bn | 105.91 Mn | -11.10% |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | -26.68% |
| 6 | Ivanhoe Electric | 1.75 Bn | 1.49 Bn | 368,000.00 | 0.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.55% |
| Jun 30, 2026 | 42.55% |
| Jun 30, 2026 | 42.55% |
| Mar 31, 2026 | 43.51% |
| Mar 31, 2026 | 43.51% |
| Mar 31, 2026 | 43.51% |
| Dec 31, 2025 | 50.21% |
| Dec 31, 2025 | 50.21% |
| Dec 31, 2025 | 50.21% |
| Sep 30, 2025 | 32.71% |
| Sep 30, 2025 | 32.71% |
| Sep 30, 2025 | 32.71% |
| Jun 30, 2025 | 25.08% |
| Jun 30, 2025 | 25.08% |
| Jun 30, 2025 | 25.08% |
| Mar 31, 2025 | 42.09% |
| Mar 31, 2025 | 42.09% |
| Mar 31, 2025 | 42.09% |
| Dec 31, 2024 | -81.86% |
| Dec 31, 2024 | -81.86% |