Growth Metrics

Novagold Resources (NG) Tax Rate (2016 - 2024)

Novagold Resources filings provide 13 years of Tax Rate readings, the most recent being 0.38% for Q4 2024.

  • Quarterly Tax Rate rose 8.0% to 0.38% in Q4 2024 from the year-ago period, while the trailing twelve-month figure was 0.29% through Aug 2025, up 342.0% year-over-year, with the annual reading at 250.52% for FY2024, 25066.0% up from the prior year.
  • Tax Rate hit 0.38% in Q4 2024 for Novagold Resources, up from 1.47% in the prior quarter.
  • Across five years, Tax Rate topped out at 9.61% in Q4 2020 and bottomed at 4.57% in Q2 2024.
  • Average Tax Rate over 5 years is 0.84%, with a median of 0.94% recorded in 2021.
  • The largest annual shift saw Tax Rate soared 1537bps in 2020 before it tumbled -987bps in 2021.
  • Novagold Resources' Tax Rate stood at 9.61% in 2020, then tumbled by -103bps to 0.26% in 2021, then tumbled by -162bps to 0.69% in 2022, then soared by 33bps to 0.46% in 2023, then rose by 17bps to 0.38% in 2024.
  • Per Business Quant, the three most recent readings for NG's Tax Rate are 0.38% (Q4 2024), 1.47% (Q3 2024), and 4.57% (Q2 2024).