Fresnillo (MEX:FRES) Tax Rate %: 22.18% (As of Dec. 2025)

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MEX:FRES Fresnillo PLC MEX:FRES
84 GF Score
Price MXN600.01
GF Value MXN288.06
Valuation Significantly Overvalued
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What is Fresnillo Tax Rate %?

Fresnillo MEX:FRES -5.51% 84 Tax Rate % is 22.18% as of Dec. 2025. GuruFocus rates MEX:FRES with a GF Score™ of 84/100 and a GF Value™ of MXN288.06 (Significantly Overvalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fresnillo's Tax Expense for the six months ended in Dec. 2025 was MXN5,679 Mil. Fresnillo's Pre-Tax Income for the six months ended in Dec. 2025 was MXN25,598 Mil. Therefore, Fresnillo's Tax Rate % for the quarter that ended in Dec. 2025 was 22.18%.

Fresnillo Tax Rate % Related Terms

Fresnillo Tax Rate % Historical Data

* Premium members only.

The historical data trend for Fresnillo's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fresnillo Tax Rate % Chart

Fresnillo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.30 -24.03 -152.85 69.53 24.41

Fresnillo Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -200.14 57.64 76.61 29.19 22.18
MEX:FRES
84GF Score
Fresnillo PLC MEX:FRES
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fresnillo Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fresnillo's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=9149.65/37487.543
=24.41 %

Fresnillo's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=5678.728/25597.821
=22.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.18% mean?
Fresnillo (MEX:FRES) has a Tax Rate % of 22.18% as of Dec. 2025.
Is Fresnillo's Tax Rate % too high?
Fresnillo's current Tax Rate % is 22.18%. Overall, Fresnillo has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Tax Rate % compare to HL?
Fresnillo's Tax Rate % of 22.18% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Fresnillo's current Tax Rate % is 22.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (MEX:FRES) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN288.06, compared to a current price of MXN600.01 — trading 108.3% above its estimated fair value. The current Tax Rate % is 22.18%. Fresnillo's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Fresnillo (MEX:FRES), the current Tax Rate % is 22.18% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fresnillo (MEX:FRES) Overvalued in 2026?

Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued. The current stock price of MXN600.01 is trading 108.3% above its estimated GF Value™ of MXN288.06. GuruFocus considers Fresnillo to be Significantly Overvalued.

Key valuation signals for MEX:FRES:

  • Tax Rate %: 22.18%
  • GF Value™: MXN288.06 vs. price of MXN600.01 (108.3% above fair value)
  • GF Score™: 84/100

No single metric tells the full story. See the MEX:FRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fresnillo Business Description

Address Calzada Legaria No. 549, Torre 2, Piso 11, Delegacion Miguel Hidalgo, Mexico, DF, MEX, 11250
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
84GF Score

Get the complete analysis for MEX:FRES

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN600.01
Price
MXN288.06
GF Value