NYSEAMERICAN : TGB
Taseko Mines Limited — Financial statements
Materials · Copper · Canada
Last price 7.38 USD (Oct 30, 2026, 10:21 AM EDT) · Market cap 2.71B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Taseko Mines Limited (TGB) reported revenue of 985.32M CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 985.32M | 672.90M | 608.09M | 524.97M | 391.61M | 433.28M |
| Cost of Revenue | 525.61M | 422.24M | 417.09M | 317.62M | 285.39M | 202.89M |
| Gross Profit | 459.71M | 250.66M | 191.01M | 207.35M | 106.22M | 230.39M |
| Selling, General & Admin | 15.86M | 14.63M | 12.94M | 13.46M | 12.06M | 16.94M |
| Other Operating Expenses | 128.56M | 123.96M | 29.95M | 6.52M | -15.91M | 13.38M |
| Operating Expenses | 298.01M | 267.77M | 129.37M | 84.56M | 52.48M | 102.00M |
| Operating Income | 161.71M | -17.11M | 61.64M | 122.79M | 53.74M | 128.39M |
| Interest Expense | -48.94M | -44.19M | -41.34M | -42.11M | -40.93M | -40.89M |
| Interest & Investment Income | 5.00M | 3.92M | 5.17M | 2.97M | 1.80M | 678.00K |
| Currency Exchange Gain (Loss) | -29.67M | 31.30M | -50.70M | 11.43M | -29.79M | -555.00K |
| Other Non Operating Income (Expenses) | -9.74M | -10.16M | -7.24M | -6.65M | -3.95M | -4.07M |
| EBT Excluding Unusual Items | 78.36M | -36.24M | -32.46M | 88.44M | -19.14M | 83.55M |
| Other Unusual Items | -11.12M | -13.24M | 24.27M | 44.43M | -12.74M | |
| Pretax Income | 67.24M | -49.48M | 18.10M | 132.87M | -19.14M | 70.81M |
| Income Tax Expense | 51.56M | -19.41M | 31.54M | 50.14M | 6.83M | 34.34M |
| Net Income | 15.68M | -30.08M | -13.44M | 82.73M | -25.97M | 36.47M |
| Net Income to Common | 15.68M | -30.08M | -13.44M | 82.73M | -25.97M | 36.47M |
| Shares Outstanding (Basic) | 349.31M | 323.50M | 295.31M | 288.56M | 286.24M | 283.59M |
| Shares Outstanding (Diluted) | 353.52M | 323.50M | 295.31M | 290.98M | 286.24M | 287.50M |
| EPS (Basic) | 0.04 | -0.09 | -0.05 | 0.29 | -0.09 | 0.13 |
| EPS (Diluted) | 0.04 | -0.09 | -0.05 | 0.28 | -0.09 | 0.13 |
| Free Cash Flow | 82.32M | -208.71M | -85.79M | -21.99M | -100.67M | 41.11M |
| Free Cash Flow Per Share | 0.23 | -0.65 | -0.29 | -0.08 | -0.35 | 0.14 |
| Gross Margin | 46.66% | 37.25% | 31.41% | 39.50% | 27.12% | 53.17% |
| Operating Margin | 16.41% | -2.54% | 10.14% | 23.39% | 13.72% | 29.63% |
| Profit Margin | 1.59% | -4.47% | -2.21% | 15.76% | -6.63% | 8.42% |
| Free Cash Flow Margin | 8.36% | -31.02% | -14.11% | -4.19% | -25.71% | 9.49% |
| EBITDA | 278.35M | 75.75M | 126.47M | 171.32M | 99.59M | 191.41M |
| EBITDA Margin | 28.25% | 11.26% | 20.80% | 32.63% | 25.43% | 44.18% |
| D&A For EBITDA | 116.64M | 92.85M | 64.83M | 48.53M | 45.86M | 63.02M |
| EBIT | 161.71M | -17.11M | 61.64M | 122.79M | 53.74M | 128.39M |
| EBIT Margin | 16.41% | -2.54% | 10.14% | 23.39% | 13.72% | 29.63% |
| Effective Tax Rate | 76.68% | 174.28% | 37.74% | 48.49% |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 185.76M | 187.96M | 172.73M | 96.48M | 120.86M | 236.77M |
| Short-Term Investments | 1.56M | 2.41M | 895.00K | 1.33M | 2.57M | 3.11M |
| Cash & Short-Term Investments | 187.32M | 190.37M | 173.63M | 97.81M | 123.43M | 239.88M |
| Accounts Receivable | 26.51M | 12.81M | 5.40M | 11.04M | 11.40M | 5.86M |
| Other Receivables | 803.00K | 229.00K | 246.00K | 5.47M | 1.82M | 3.75M |
| Receivables | 27.31M | 13.04M | 5.64M | 16.51M | 13.22M | 9.60M |
| Inventory | 141.59M | 133.56M | 138.89M | 122.94M | 92.85M | 79.87M |
| Prepaid Expenses | 6.86M | 7.92M | 8.18M | 8.46M | 4.93M | 3.97M |
| Other Current Assets | 26.90M | 3.72M | 6.45M | 3.90M | ||
| Total Current Assets | 363.08M | 344.89M | 353.24M | 249.46M | 240.87M | 337.23M |
| Property, Plant & Equipment | 2.22B | 2.05B | 1.77B | 1.29B | 1.03B | 837.84M |
| Long-Term Investments | 500.00K | 500.00K | 500.00K | 1.20M | 1.20M | 1.20M |
| Goodwill | 5.86M | 5.65M | 5.93M | 5.46M | 5.58M | 5.23M |
| Long-Term Deferred Tax Assets | 27.06M | 21.51M | 25.23M | 17.77M | ||
| Other Long-Term Assets | 56.73M | 54.49M | 40.05M | 24.25M | 1.79M | 1.70M |
| Total Assets | 2.67B | 2.47B | 2.20B | 1.58B | 1.28B | 1.18B |
| Accounts Payable | 139.79M | 35.69M | 45.42M | 28.56M | 31.72M | 30.10M |
| Accrued Expenses | 9.76M | 74.00M | 94.40M | 57.09M | 49.22M | 38.87M |
| Current Portion of Long-Term Debt | 22.60M | 27.20M | 25.21M | 16.62M | 8.49M | 6.54M |
| Current Portion of Leases | 11.28M | 8.49M | 7.64M | 11.04M | 9.92M | 11.77M |
| Current Income Taxes Payable | 7.19M | 3.50M | 4.05M | 3.16M | 1.23M | 2.76M |
| Current Unearned Revenue | 23.70M | 15.31M | 13.67M | 10.35M | 12.06M | 13.44M |
| Other Current Liabilities | 78.73M | 65.82M | 16.45M | 14.38M | ||
| Total Current Liabilities | 293.05M | 230.01M | 206.84M | 141.19M | 112.64M | 103.48M |
| Long-Term Debt | 720.97M | 702.02M | 758.70M | 603.30M | 557.74M | 502.06M |
| Long-Term Leases | 10.44M | 9.28M | 5.66M | 6.93M | 10.42M | 11.38M |
| Long-Term Unearned Revenue | 84.58M | 82.62M | 77.33M | 59.72M | 47.62M | 45.36M |
| Long-Term Deferred Tax Liabilities | 200.22M | 158.85M | 183.96M | 132.49M | 76.25M | 70.19M |
| Other Long-Term Liabilities | 507.28M | 511.05M | 459.34M | 206.35M | 117.60M | 92.21M |
| Total Liabilities | 1.82B | 1.69B | 1.69B | 1.15B | 922.27M | 824.68M |
| Common Stock | 814.48M | 800.49M | 529.41M | 486.14M | 479.93M | 476.60M |
| Additional Paid-In Capital | 59.81M | 62.65M | 57.79M | 54.83M | 55.80M | 55.40M |
| Retained Earnings | -68.64M | -107.71M | -136.82M | -123.38M | -206.10M | -180.13M |
| Comprehensive Income & Other | 50.53M | 23.23M | 52.84M | 16.56M | 26.79M | 6.65M |
| Total Common Equity | 856.18M | 778.66M | 503.22M | 434.15M | 356.41M | 358.52M |
| Minority Interest | 1.00K | 1.00K | ||||
| Shareholders' Equity | 856.18M | 778.66M | 503.22M | 434.15M | 356.41M | 358.52M |
| Total Liabilities & Equity | 2.67B | 2.47B | 2.20B | 1.58B | 1.28B | 1.18B |
| Total Debt | 765.28M | 747.00M | 797.21M | 637.89M | 586.57M | 531.75M |
| Net Cash (Debt) | -577.96M | -556.63M | -623.58M | -540.08M | -463.14M | -291.87M |
| Net Cash Per Share | -1.63 | -1.72 | -2.11 | -1.86 | -1.62 | -1.02 |
| Filing Date Shares Outstanding | 366.02M | 364.56M | 310.55M | 290.48M | 288.35M | 285.98M |
| Total Common Shares Outstanding | 365.83M | 361.10M | 304.68M | 290.00M | 286.49M | 284.89M |
| Working Capital | 70.03M | 114.88M | 146.40M | 108.27M | 128.23M | 233.75M |
| Book Value Per Share | 2.34 | 2.16 | 1.65 | 1.50 | 1.24 | 1.26 |
| Tangible Book Value | 850.32M | 773.01M | 497.29M | 428.69M | 350.82M | 353.29M |
| Tangible Book Value Per Share | 2.32 | 2.14 | 1.63 | 1.48 | 1.22 | 1.24 |
| Machinery | 1.18B | 1.12B | 1.08B | 907.72M | 803.18M | 821.25M |
| Construction In Progress | 494.17M | 457.13M | 425.75M | 203.72M | 145.72M | 22.74M |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 15.68M | -30.08M | -13.44M | 82.73M | -25.97M | 36.47M |
| Depreciation & Amortization | 127.06M | 106.07M | 77.10M | 59.27M | 52.35M | 66.96M |
| Other Amortization | 2.56M | 2.50M | 2.52M | 2.79M | 2.52M | 2.04M |
| Stock-Based Compensation | 24.11M | 21.97M | 9.43M | 6.33M | 4.15M | 5.76M |
| Other Operating Activities | 262.27M | 122.21M | 151.10M | 48.10M | 53.66M | 95.51M |
| Change in Accounts Receivable | -21.02M | -7.39M | 8.69M | -2.84M | -3.60M | -2.92M |
| Change in Inventory | -40.03M | -7.72M | -5.96M | -23.97M | -14.04M | -16.71M |
| Change in Accounts Payable | 35.19M | 10.48M | 1.21M | -12.23M | 14.70M | -12.98M |
| Change in Unearned Revenue | 8.01M | 2.48M | 1.22M | -3.37M | 1.16M | 5.30M |
| Change in Other Net Operating Assets | 1.13M | -962.00K | 763.00K | -5.71M | -3.67M | -4.66M |
| Operating Cash Flow | 414.96M | 219.56M | 232.62M | 151.09M | 81.27M | 174.77M |
| Capital Expenditures | -332.64M | -428.27M | -318.41M | -173.08M | -181.94M | -133.66M |
| Cash Acquisitions | -9.66M | 2.95M | ||||
| Other Investing Activities | -49.67M | 2.43M | 10.18M | 2.53M | 15.53M | -14.06M |
| Investing Cash Flow | -382.31M | -425.84M | -317.89M | -167.60M | -166.41M | -147.71M |
| Long-Term Debt Issued | 686.09M | 37.56M | 5.33M | 496.10M | ||
| Long-Term Debt Repaid | -40.28M | -618.69M | -29.76M | -336.96M | ||
| Net Debt Issued (Repaid) | -116.41M | -40.28M | 67.40M | 7.80M | 5.33M | 159.14M |
| Issuance of Common Stock | 239.27M | 264.15M | 39.97M | 2.41M | ||
| Other Financing Activities | -92.12M | 630.00K | 49.79M | -14.85M | -40.56M | -35.76M |
| Financing Cash Flow | 30.75M | 224.50M | 157.16M | -7.05M | -35.24M | 125.79M |
| Foreign Exchange Rate Adjustments | 385.00K | -2.99M | 4.37M | -818.00K | 4.47M | -1.19M |
| Net Cash Flow | 63.78M | 15.23M | 76.25M | -24.38M | -115.91M | 151.66M |
| Free Cash Flow | 82.32M | -208.71M | -85.79M | -21.99M | -100.67M | 41.11M |
| Free Cash Flow Margin | 8.36% | -31.02% | -14.11% | -4.19% | -25.71% | 9.49% |
| Free Cash Flow Per Share | 0.23 | -0.65 | -0.29 | -0.08 | -0.35 | 0.14 |
| Levered Free Cash Flow | -104.49M | -290.03M | -184.19M | -69.16M | -125.95M | -6.96M |
| Unlevered Free Cash Flow | -76.47M | -264.91M | -160.87M | -45.64M | -102.89M | 16.56M |
| Free Cash Flow After Leases | 82.32M | -208.71M | -85.79M | -21.99M | -100.67M | 41.11M |
| Cash Interest Paid | 68.85M | 73.44M | 70.30M | 47.76M | 39.36M | 25.59M |
| Change in Working Capital | -16.72M | -3.12M | 5.92M | -48.12M | -5.45M | -31.97M |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.74B | 2.04B | 592.61M | 407.64M | 418.99M | 583.40M |
| Enterprise Value | 3.15B | 2.61B | 962.78M | 828.17M | 729.10M | 818.88M |
| Last Close Price | 7.36 | 5.66 | 1.94 | 1.40 | 1.47 | 2.05 |
| PE Ratio | 254.59 | 6.51 | 20.24 | |||
| PS Ratio | 3.89 | 4.16 | 1.40 | 1.02 | 1.45 | 1.70 |
| PB Ratio | 4.48 | 3.60 | 1.69 | 1.24 | 1.59 | 2.06 |
| P/TBV Ratio | 4.51 | 3.62 | 1.72 | 1.26 | 1.62 | 2.09 |
| P/FCF Ratio | 45.87 | 17.96 | ||||
| P/OCF Ratio | 9.10 | 12.76 | 3.67 | 3.56 | 6.98 | 4.22 |
| EV/Sales Ratio | 4.49 | 5.32 | 2.28 | 2.08 | 2.52 | 2.39 |
| EV/EBITDA Ratio | 15.90 | 47.26 | 10.95 | 6.38 | 9.91 | 5.41 |
| EV/EBIT Ratio | 27.37 | 22.47 | 8.91 | 18.36 | 8.07 | |
| EV/FCF Ratio | 52.91 | 25.21 | ||||
| Debt / Equity Ratio | 0.89 | 0.96 | 1.58 | 1.47 | 1.65 | 1.48 |
| Debt / EBITDA Ratio | 2.65 | 8.40 | 5.75 | 3.50 | 5.53 | 2.72 |
| Debt / FCF Ratio | 9.30 | 12.93 | ||||
| Net Debt / Equity Ratio | 0.68 | 0.71 | 1.24 | 1.24 | 1.30 | 0.81 |
| Net Debt / EBITDA Ratio | 2.08 | 7.35 | 4.93 | 3.15 | 4.65 | 1.52 |
| Net Debt / FCF Ratio | 7.02 | -2.67 | -7.27 | -24.56 | -4.60 | 7.10 |
| Asset Turnover | 0.40 | 0.29 | 0.32 | 0.37 | 0.32 | 0.41 |
| Inventory Turnover | 4.43 | 3.10 | 3.19 | 2.94 | 3.31 | 2.92 |
| Quick Ratio | 0.73 | 0.88 | 0.87 | 0.81 | 1.21 | 2.41 |
| Current Ratio | 1.24 | 1.50 | 1.71 | 1.77 | 2.14 | 3.26 |
| Return on Equity (ROE) | 2.21% | -4.69% | -2.87% | 20.93% | -7.27% | 10.79% |
| Return on Assets (ROA) | 4.09% | -0.46% | 2.04% | 5.36% | 2.73% | 7.67% |
| Return on Invested Capital (ROIC) | 2.66% | -1.39% | -4.36% | 8.52% | 7.31% | 10.63% |
| Return on Capital Employed (ROCE) | 6.80% | -0.80% | 3.10% | 8.50% | 4.60% | 11.90% |
| Earnings Yield | 0.39% | -1.07% | -1.58% | 15.37% | -4.58% | 4.94% |
| FCF Yield | 2.18% | -7.45% | -10.06% | -4.08% | -17.75% | 5.57% |
| Buyback Yield / Dilution | -15.40% | -9.55% | -1.49% | -1.66% | 0.44% | -14.76% |