McEwen (MUX) Tax Rate (2023)
McEwen's Tax Rate was -65.91% in Q2 2026, down 8.31 percentage points from -57.59% a year earlier and down 65.38 percentage points from the prior quarter.
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Analysis
McEwen (MUX) Tax Rate (2023) Analysis & Trends
On a trailing twelve-month basis, McEwen's Tax Rate was -57.01% through Jun 30, 2026, down 59.22 percentage points year-over-year; for FY2025, it came in at -395.52%, down 402.05 percentage points from FY2024.
- Tax Rate shows a five-year change of -396.43 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 6.52% in FY2024 (-43.99 pp), 50.51% in FY2023 (+57.74 pp), -7.23% in FY2022 (-18.63 pp) and 11.39% in FY2021 (+10.49 pp).
- Quarterly Tax Rate has moved between -170.40% (Q4 2025) and 73.31% (Q3 2025) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -26.45 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 137.56 percentage points); the worst was Q4 2025 (a drop of 155.44 percentage points).
- Per Business Quant data, MUX's Tax Rate in the three quarters before Q2 2026 was -0.52% (Q1 2026), -170.40% (Q4 2025) and 73.31% (Q3 2025).
Peer Set
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 | McEwen | 1.10 Bn | 785.92 Mn | 20.08 Mn | - |
API Access
McEwen 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=MUX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MUX", "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=MUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();