Mexco Energy (MXC) Tax Rate (2010 - 2026)
Mexco Energy (MXC) posted Tax Rate of 14.98% for Q1 2026, down 73.27% sequentially from 56.06% in Q4 2025, and up 581.0% YoY from 2.2% in Q1 2025.
Mexco Energy (MXC) Tax Rate (2010 - 2026) Analysis & Trends
Mexco Energy has reported Tax Rate for 13 years, with the latest figure at 14.98% in Q1 2026.
- Quarterly Tax Rate rose 581.0% year-over-year to 14.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.19% (up 991.0% YoY) and the FY2026 annual result came in at 22.5%, up 150.0% from the prior year.
- Tax Rate eased to 14.98% in Q1 2026 per MXC's latest filing, from 56.06% in the prior quarter.
- Over five years, Tax Rate peaked at 56.06% in Q4 2025 and troughed at 4.06% in Q4 2024.
- A 5-year average of 24.1% and a median of 20.69% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 4106 bps in 2024, then soared 6012 bps in 2025.
- Over 5 years, Tax Rate stood at 4.74% in 2022, then surged by 680 bps to 37.0% in 2023, then slumped by 111 bps to 4.06% in 2024, then jumped by 1481 bps to 56.06% in 2025, then sank by 73 bps to 14.98% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 14.98%, 56.06%, and 15.26% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 22.01% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 22.36% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 20.53% |
| 10 | Mexco Energy | 18.82 Mn | 16.05 Mn | 1.28 Mn | 14.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.71% |
| Mar 31, 2026 | 38.71% |
| Mar 31, 2026 | 38.71% |
| Dec 31, 2025 | 56.06% |
| Dec 31, 2025 | 56.06% |
| Dec 31, 2025 | 56.06% |
| Sep 30, 2025 | 15.26% |
| Sep 30, 2025 | 15.26% |
| Sep 30, 2025 | 15.26% |
| Jun 30, 2025 | 6.09% |
| Jun 30, 2025 | 6.09% |
| Jun 30, 2025 | 6.09% |
| Mar 31, 2025 | 5.99% |
| Mar 31, 2025 | 5.99% |
| Mar 31, 2025 | 5.99% |
| Dec 31, 2024 | -4.06% |
| Dec 31, 2024 | -4.06% |
| Dec 31, 2024 | -4.06% |
| Sep 30, 2024 | 26.05% |
| Sep 30, 2024 | 26.05% |