HLNYSEMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31Also trades as HL.PB
HECLA MINING CO/DE/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$15.05−0.25 (-1.63%)
Close on Oct 19, 2026
- Market cap
- $10.17B
- P/E (TTM)
- 30.7
- Dividend yield
- 0.27%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
43.7%+20.4 pts over 5 years
Operating margin
36.2%+26.5 pts over 5 years
Net margin
22.6%+24.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +53.0% | +25.6% | +15.5% | +12.4% | |
| Gross profit | +213.9% | +75.0% | +31.0% | +32.1% | |
| Operating income | +384.4% | – | +50.4% | – | |
| Net income | +798.6% | – | – | – | |
| EPS, diluted | +716.7% | – | – | – | |
| Free cash flow | +8096.8% | – | +28.1% | – | |
| Dividend per share | 0.0% | +2.2% | +19.7% | +14.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.4% | -0.6% | 13.9% | |
| Return on assets | 2.7% | -0.4% | 9.8% | |
| Current ratio | 2.31 | 1.93 | 2.72 | |
| Debt to equity | 0.34 | 0.30 | 0.10 | |
| Net debt to EBITDA | 1.41× | 1.70× | 0.03× | |
| Interest coverage | 5.0× | 1.4× | -12.4× | |
| Inventory turnover | – | 12.1× | 26.1× | |
| Capex to revenue | 25.5% | 13.2% | 17.7% | |
| Diluted shares | 389M | 527M | 656M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hecla Mining generated $1.17B from operations and spent $1.05B on capital expenditure, dividends and share buybacks. 91% of that went back into the business.
Generated
$1.17B
Used
$1.05B
Capital expenditure$949.19M91%Dividends$85.02M8%Share buybacks$12.32M1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin22.6%
×Asset turnover0.44×
×Equity multiplier1.41×
=Return on equity, FY202513.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 22.6% | 0.44× | 1.41× | 13.9% |
| FY2024 | 3.8% | 0.31× | 1.50× | 1.8% |
| FY2023 | -11.7% | 0.24× | 1.50× | -4.3% |
| FY2022 | -5.2% | 0.25× | 1.51× | -2.0% |
| FY2021 | 4.3% | 0.30× | 1.56× | 2.0% |
| FY2020 | -1.4% | 0.26× | 1.57× | -0.6% |
| FY2019 | -14.1% | 0.25× | 1.58× | -5.6% |
| FY2018 | -4.7% | 0.22× | 1.60× | -1.7% |
| FY2017 | -4.9% | 0.25× | 1.61× | -2.0% |
| FY2016 | 9.5% | 0.28× | 1.64× | 4.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$321.71M
- Cash generatingOperating cash flow above zero$562.64M
- Return on assets improvedROA up on the prior year1.2% → 10.8%
- Earnings backed by cashOperating cash flow above net income$562.64M vs $321.71M
- Less leverageLong-term debt to assets fell17.1% → 7.4%
- Better liquidityCurrent ratio rose1.08 → 2.72
- No dilutionShare count did not rise623M → 656M
- Gross margin improvedGross margin up on the prior year21.31% → 43.72%
- More efficientAsset turnover rose0.31 → 0.48