Trx Gold (TRX) Tax Rate (2022 - 2026)
Trx Gold (TRX) recorded Tax Rate of -48.05% in the quarter ended May 31, 2026, up 2.06 percentage points from -50.11% a year earlier but down 133.35 percentage points from the prior quarter.
Trx Gold (TRX) Tax Rate (2022 - 2026) Analysis & Trends
On a TTM basis, Trx Gold's Tax Rate came in at -11.89% as of May 31, 2026, down 43.63 percentage points year-over-year; for the year ended Aug 31, 2025, it was 35.83%, down 8.90 percentage points from the prior year.
- Annual Tax Rate has a three-year change of +24.54 percentage points (years ended Aug 2022 to Aug 2025).
- Across earlier years, Tax Rate came in at 44.73% in the year ended Aug 31, 2024 (+5.78 pp), 38.94% in the year ended Aug 31, 2023 (+27.65 pp) and 11.29% in the year ended Aug 31, 2022.
- Quarterly Tax Rate has ranged from -50.11% in the quarter ended May 31, 2025 to 144.52% in the quarter ended May 31, 2024 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 -18.18 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 92.73 percentage points in the quarter ended May 31, 2024, against a drop of 194.63 percentage points in the quarter ended May 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 85.30% (quarter ended Feb 28, 2026), 38.06% (quarter ended Nov 30, 2025) and 38.98% (quarter ended Aug 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 31.74% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | Trx Gold | 49.27 Mn | -20.53 Mn | 19.45 Mn | 48.05% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 48.05% |
| Nov 30, 2025 | 110.94% |
| Aug 31, 2025 | 48.44% |
| May 31, 2025 | 50.11% |
| Nov 30, 2024 | 44.20% |
| Aug 31, 2024 | 47.85% |
| May 31, 2024 | 2,955.17% |
| Feb 29, 2024 | 32.12% |
| Nov 30, 2023 | 104.17% |
| Aug 31, 2023 | 28.58% |
| May 31, 2023 | 127.81% |
| Feb 28, 2023 | 106.38% |
| Nov 30, 2022 | 22.57% |
| May 31, 2022 | 3.28% |
Trx Gold 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=TRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TRX", "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=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();