Trx Gold (TRX) Tax Rate (2022 - 2025)
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.
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Analysis
Trx Gold (TRX) Tax Rate (2022 - 2025) 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 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 | Trx Gold | 56.97 Mn | 19.99 Mn | 19.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 38.06% |
| Aug 31, 2025 | 38.98% |
| Nov 30, 2024 | 38.53% |
| Aug 31, 2024 | 49.37% |
| Feb 29, 2024 | 35.55% |
| Nov 30, 2023 | 46.04% |
| Aug 31, 2023 | 33.62% |
| May 31, 2023 | 51.79% |
| Feb 28, 2023 | 30.30% |
| Aug 31, 2022 | 7.86% |
| May 31, 2022 | 4.05% |
| Feb 28, 2022 | 51.54% |
API Access
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_KEYimport 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();