Nouveau Monde Graphite (NMG) Tax Rate (2022 - 2026)
Nouveau Monde Graphite (NMG) recorded Tax Rate of -1.05% in Q2 2026, down 1.53 percentage points from 0.48% a year earlier and down 3.34 percentage points from the prior quarter.
Nouveau Monde Graphite (NMG) Tax Rate (2022 - 2026) Analysis & Trends
On a TTM basis, Nouveau Monde Graphite's Tax Rate came in at 0.60% as of Jun 30, 2026, down 0.04 percentage points year-over-year; for FY2025, it was 0.38%, down 0.17 percentage points from FY2024.
- Annual Tax Rate has declined for four straight years, with a four-year change of -0.63 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 0.55% in FY2024 (-0.17 pp), 0.72% in FY2023 (-0.13 pp), 0.85% in FY2022 (-0.17 pp) and 1.01% in FY2021.
- Quarterly Tax Rate has ranged from -7.33% in Q2 2023 to 4.01% in Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -0.38 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 8.24 percentage points in Q2 2024, against a drop of 3.40 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.29% (Q1 2026), -1.97% (Q4 2025) and 0.13% (Q3 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 | Nouveau Monde Graphite | 191.31 Mn | -281.36 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.29% |
| Sep 30, 2025 | 0.13% |
| Jun 30, 2025 | 0.48% |
| Mar 31, 2025 | 0.81% |
| Dec 31, 2024 | 0.46% |
| Sep 30, 2024 | 1.26% |
| Jun 30, 2024 | 0.91% |
| Mar 31, 2024 | 0.31% |
| Dec 31, 2023 | 0.61% |
| Sep 30, 2023 | 0.65% |
| Mar 31, 2023 | 0.40% |
| Dec 31, 2022 | 4.01% |
| Sep 30, 2022 | 2.41% |
Nouveau Monde Graphite 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=NMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NMG", "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=NMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();