Hecla Mining Company (HL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.18	$0.17	-5.6%	—	—	—
Q1 26	$0.24	$0.24	0.0%	—	$411.4M	—
Q3 25	$0.09	$0.12	+33.3%	—	$409.5M	—
Q2 25	$0.05	$0.08	+60.0%	—	$304M	—
Q1 25	$0.05	$0.04	-20.0%	—	$261.3M	—
Q4 24	$0.05	$0.04	-20.0%	—	$249.7M	—
Q3 24	$0.04	$0.03	-25.0%	—	$245.1M	—
Q4 23	-$0.03	-$0.04	-33.3%	—	$160.7M	—
Q3 23	—	-$0.01	—	—	$181.9M	—
Q2 23	—	$0.03	—	—	$178.1M	—
Q1 23	$0.02	$0.01	-50.0%	—	$199.5M	—
Q4 22	—	$0.02	—	—	$194.4M	—
Q3 22	-$0.02	-$0.02	0.0%	—	$146.3M	—
Q2 22	$0.02	$0.04	+100.0%	—	$191.2M	—
Q1 22	$0.03	$0.02	-33.3%	—	$186.5M	—
Q4 21	$0.02	$0.08	+300.0%	—	$185.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.49	—	—	$1.4B	—
FY24	—	$0.06	—	—	$929.9M	—
FY23	—	-$0.14	—	—	$720.2M	—
FY22	—	-$0	—	—	$718.9M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$646M	$577.8M	$567.1M	$673.3M	$691.9M	$807.5M	$718.9M	$720.2M	$929.9M	$1.4B
YoY change	+45.6%	-10.6%	-1.84%	+18.7%	+2.76%	+16.7%	-11%	+0.18%	+29.1%	+53%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	646M	577.8M	567.1M	673.3M	691.9M	807.5M	718.9M	720.2M	929.9M	1.4B
Cost of revenue	462M	425.3M	488M	639.4M	530.8M	589.7M	602.7M	607.3M	731.7M	800.8M
Gross profit	184M	152.4M	79.1M	33.8M	161.1M	217.8M	116.2M	112.9M	198.2M	622.2M
Gross margin	28.5%	26.4%	13.9%	5.02%	23.3%	27%	16.2%	15.7%	21.3%	43.7%
Research & development	3.4M	8.7M	10.3M	3.7M	2.4M	—	—	—	—	—
Selling, general & administrative	45M	35.6M	36.5M	35.8M	35.6M	34.6M	43.4M	42.7M	45.4M	57.6M
Operating expenses	66.3M	70.4M	84.2M	62.8M	67.2M	96.8M	95.7M	73.8M	27.2M	85.5M
Operating income	117.7M	82.1M	-5.1M	-25.3M	96.4M	121M	20.5M	39.2M	171M	536.7M
Operating margin	18.2%	14.2%	-0.89%	-3.76%	13.9%	15%	2.85%	5.44%	18.4%	37.7%
Non-operating income, net	-6.3M	-51.6M	12.7M	-39.5M	-48.1M	-73.5M	-22.6M	-78.8M	-55M	-15.9M
Pretax income	89.7M	-7.6M	-33.3M	-113.2M	-1.3M	5.5M	-44.9M	-83M	66.2M	479.2M
Income tax	28.1M	21M	-6.7M	-18.3M	8.2M	-29.6M	-7.6M	1.2M	30.4M	157.5M
Net income	61.6M	-28.5M	-26.6M	-94.9M	-9.5M	35.1M	-37.3M	-84.2M	35.8M	321.7M
Net margin	9.53%	-4.94%	-4.68%	-14.1%	-1.37%	4.35%	-5.2%	-11.7%	3.85%	22.6%
EBITDA	243.1M	210.3M	134.9M	166.7M	249.1M	293.1M	173.4M	208.7M	365.9M	701.5M
EPS	0.18	-0.06	-0.06	-0.2	-0.03	0	-0	-0.14	0.06	0.49
Diluted EPS	0.18	-0.06	-0.06	-0.2	-0.03	0	-0	-0.14	0.06	0.49

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	181.9M	160.7M	189.5M	245.7M	245.1M	249.7M	261.3M	304M	409.5M	448.1M	411.4M	—
Cost of revenue	148.4M	153.8M	170.4M	194.2M	185.8M	181.3M	187.3M	184.5M	229.1M	199.9M	158.2M	—
Gross profit	33.5M	6.9M	19.2M	51.4M	59.3M	68.3M	74M	119.5M	180.5M	248.2M	253.3M	—
Gross margin	18.4%	4.27%	10.1%	20.9%	24.2%	27.4%	28.3%	39.3%	44.1%	55.4%	61.6%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7.6M	12.3M	11.2M	14.7M	10.4M	9M	12M	12.5M	13.9M	19.2M	15.8M	—
Operating expenses	22.8M	20.5M	-1.4M	4.1M	7.1M	17.4M	17.6M	20.8M	27.3M	19.9M	25.6M	—
Operating income	10.6M	-13.7M	20.6M	47.3M	52.2M	51M	56.5M	98.8M	153.2M	228.3M	227.7M	—
Operating margin	5.85%	-8.5%	10.9%	19.3%	21.3%	20.4%	21.6%	32.5%	37.4%	50.9%	55.3%	—
Non-operating income, net	-23.8M	-22.8M	-11.9M	2.2M	-28M	-17.2M	117K	2.6M	15.8M	-34.5M	-6.4M	—
Pretax income	-23.9M	-48.6M	-3.9M	37M	13.2M	20M	45M	90.3M	155.6M	188.3M	215.6M	—
Income tax	-1.5M	-5.7M	1.8M	9.1M	11.4M	8.1M	16.1M	32.6M	54.9M	53.9M	50.9M	—
Net income	-22.4M	-42.9M	-5.8M	27.9M	1.8M	11.9M	28.9M	57.7M	100.7M	134.4M	-19M	—
Net margin	-12.3%	-26.7%	-3.04%	11.3%	0.72%	4.78%	11%	19%	24.6%	30%	-4.62%	—
EBITDA	49.4M	39.8M	73.3M	102.4M	97.5M	92.7M	96.6M	146.8M	219.4M	261.8M	265.7M	—
EPS	-0.04	-0.07	-0.01	0.04	0	0.02	0.05	0.09	0.15	0.2	-0.03	0.18
Diluted EPS	-0.04	-0.07	-0.01	0.04	0	0.02	0.05	0.09	0.15	0.2	-0.03	0.17

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2B	1.6B	1B	—	3.4B	2.8B	3.1B	2.9B	3B	12.5B	13.4B
Enterprise value	2.3B	1.9B	1.5B	—	3.8B	3.1B	3.5B	3.5B	3.6B	12.5B	13B
Shares outstanding	386.4M	397.4M	433.4M	490.4M	527.3M	536.2M	557.3M	605.7M	620.8M	652M	652M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	32.9	—	—	—	—	79.8	—	—	85.1	38.9	25
P/S	3.13	2.73	1.8	—	4.94	3.47	4.31	4.04	3.28	8.79	7.71
P/B	1.37	1.08	0.6	—	1.99	1.59	1.57	1.48	1.49	4.83	5.02
EV/EBITDA	9.62	8.9	11.4	—	15.3	10.6	20.3	16.6	9.76	17.8	13.4
EV/Sales	3.62	3.24	2.72	—	5.52	3.85	4.9	4.82	3.84	8.77	7.45
Earnings yield	3.04%	—	—	—	—	1.25%	—	—	1.17%	2.57%	4%
FCF yield	2.99%	1.13%	-4.18%	—	2.63%	3.95%	-1.92%	-5.09%	0.12%	2.48%	2.55%
PEG	—	—	—	—	—	—	—	—	—	—	0.25

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	28.5%	26.4%	13.9%	5.02%	23.3%	27%	16.2%	15.7%	21.3%	43.7%	53.9%
Operating margin	18.2%	14.2%	-0.89%	-3.76%	13.9%	15%	2.85%	5.44%	18.4%	37.7%	44.3%
Net margin	9.53%	-4.94%	-4.68%	-14.1%	-1.37%	4.35%	-5.2%	-11.7%	3.85%	22.6%	19.2%
ROE	4.16%	-1.95%	-1.57%	-5.61%	-0.55%	1.99%	-1.89%	-4.28%	1.76%	12.4%	22.2%
ROA	2.6%	-1.22%	-0.98%	-3.6%	-0.35%	1.29%	-1.28%	-2.8%	1.2%	9.04%	15.3%
ROIC	4.51%	4.68%	-0.23%	-1.17%	4.55%	5.84%	0.85%	1.55%	3.61%	14%	25.5%
Return on tangible assets	2.6%	-1.22%	-0.98%	-3.6%	-0.35%	1.29%	-1.28%	-2.8%	1.2%	9.04%	10.5%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.31	2.86	1.21	1.53	1.93	2.13	1.5	1.65	1.08	2.72	5.2
Quick ratio	1.91	2.37	0.56	0.97	1.28	1.71	0.99	1.06	0.55	2.22	4.55
Debt / equity	0.35	0.35	0.32	0.32	0.31	0.3	0.27	0.34	0.27	0.11	0.01
Debt / assets	0.22	0.22	0.2	0.2	0.2	0.19	0.18	0.22	0.18	0.08	0
Net debt / EBITDA	1.29	1.4	3.84	2.83	1.62	1.06	2.44	2.67	1.43	-0.04	-0.5
Interest coverage	5.11	0.8	0.19	-1.34	0.97	1.13	-0.05	-0.92	2.33	12.5	26.8
Effective tax rate	31.3%	0%	0%	0%	0%	0%	0%	0%	45.9%	32.9%	25.6%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	1.67	1.45	1.31	1.37	1.31	1.51	1.29	1.19	1.5	2.18	2.6
EPS (basic)	0.18	-0.06	-0.06	-0.2	-0.03	0	-0	-0.14	0.06	0.49	0.49
EPS (diluted)	0.18	-0.06	-0.06	-0.2	-0.03	0	-0	-0.14	0.06	0.49	0.8
Book value per share	3.83	3.68	3.9	3.45	3.25	3.28	3.55	3.25	3.29	3.98	3.99
FCF per share	0.16	0.04	-0.1	-0	0.17	0.21	-0.11	-0.24	0.01	0.48	0.72
Cash per share	0.51	0.55	0.06	0.13	0.25	0.39	0.19	0.18	0.04	0.46	0.72
Capex per share	0.43	0.25	0.31	0.25	0.17	0.2	0.27	0.37	0.35	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	25.5%	16.9%	23.7%	18%	13.1%	13.4%	20.7%	30.9%	23.1%	—	—
Capex / operating cash flow	78.9%	107.7%	113.6%	120.4%	55.8%	56.1%	214.6%	451%	100.1%	—	—
Payout ratio	7.18%	-15.9%	-18.6%	-5.76%	-96.8%	58.9%	-34.6%	-18.7%	70.8%	3.22%	1.81%
Dividend yield	0.22%	0.29%	0.48%	—	0.27%	0.74%	0.42%	0.54%	0.83%	0.08%	0.08%

Yield

0.08%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.004

ex-dividend Aug 26, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 26, 2026	$0.004
May 22, 2026	$0.004
Mar 9, 2026	$0.004

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$181.9M	$160.7M	$189.5M	$245.7M	$245.1M	$249.7M	$261.3M	$304M	$409.5M	$448.1M	$411.4M	—
YoY change	+24.3%	-17.3%	-5%	+37.9%	+34.7%	+55.4%	+37.9%	+23.8%	+67.1%	+79.5%	+57.4%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	198.9M	219.9M	27.4M	62.5M	129.8M	210M	104.7M	106.4M	26.9M	301.2M
Receivables	20.1M	14.8M	4.2M	12M	27.9M	44.6M	55.8M	33.1M	31.5M	170.2M
Inventory	50M	55.5M	87.5M	66.2M	96.2M	67.8M	90.7M	93.6M	104.9M	114.8M
Total current assets	291.1M	321.2M	164.2M	179.1M	284.3M	341.6M	267.7M	260.3M	214.2M	629.3M
Property, plant & equipment	3.2B	3.2B	3.9B	3.9B	2.4B	531.9M	538.6M	599.2M	576.8M	618.2M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	2.4B	2.3B	2.7B	2.6B	2.7B	2.7B	2.9B	3B	3B	3.6B
Accounts payable	60.1M	46.5M	77.9M	57.7M	68.5M	68.1M	84.7M	81.7M	89M	102.3M
Short-term debt	6.1M	5.6M	5.3M	11M	9.5M	5.6M	9.5M	9.8M	41.8M	7.2M
Total current liabilities	126.2M	112.1M	136.2M	117M	147.2M	160.4M	178.5M	157.5M	197.8M	231.6M
Long-term debt	506.8M	508.4M	540.7M	522.8M	524.1M	515.9M	517.7M	653.1M	508.9M	268.6M
Total liabilities	891.8M	883.9M	1B	944.9M	986.4M	968M	948.2M	1B	941.5M	969M
Shareholders' equity	1.5B	1.5B	1.7B	1.7B	1.7B	1.8B	2B	2B	2B	2.6B
Total debt	512.9M	514M	545.9M	533.8M	533.6M	521.5M	527.2M	662.8M	550.7M	275.8M
Net debt	343.2M	327.9M	518.5M	471.3M	403.8M	311.5M	422.5M	556.4M	523.8M	34.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	100.7M	106.4M	80.2M	24.6M	22.3M	26.9M	23.7M	296.6M	133.9M	301.2M	607.1M	485.3M
Receivables	16.7M	33.1M	50.3M	30.2M	40.7M	31.5M	59.5M	48M	102.7M	170.2M	215.5M	127.4M
Inventory	97.3M	93.6M	102.1M	109.7M	104.5M	104.9M	117.4M	130.8M	114.9M	114.8M	80.3M	96.7M
Total current assets	248.4M	260.3M	255.3M	200.2M	206M	214.2M	246.3M	514.9M	387.5M	629.3M	957.6M	772M
Property, plant & equipment	2.7B	599.2M	2.7B	2.7B	2.7B	576.8M	2.7B	2.7B	2.7B	618.2M	2.1B	2.1B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	3B	3B	3B	2.9B	3B	3B	3B	3.3B	3.2B	3.6B	3.4B	3.2B
Accounts payable	87.1M	81.7M	81.3M	80.7M	87M	89M	77.3M	87.9M	99.5M	102.3M	97.9M	71.3M
Short-term debt	11.3M	9.8M	8.6M	7.9M	43.2M	41.8M	41.5M	43.2M	7.9M	7.2M	3.6M	5.2M
Total current liabilities	145.4M	157.5M	152.6M	155.5M	188.6M	197.8M	172.7M	193M	180M	231.6M	193.8M	148.5M
Long-term debt	605M	653.1M	662.5M	582.6M	496.6M	508.9M	527.1M	521.6M	269.8M	268.6M	262.6M	7.6M
Total liabilities	983.4M	1B	1B	959.7M	917.4M	941.5M	949.6M	999.3M	772.2M	969M	805.5M	507.5M
Shareholders' equity	2B	2B	2B	2B	2B	2B	2.1B	2.3B	2.4B	2.6B	2.6B	2.7B
Total debt	616.2M	662.8M	671.1M	590.5M	539.8M	550.7M	568.7M	564.7M	277.7M	275.8M	266.2M	12.7M
Net debt	515.6M	556.4M	590.9M	565.9M	517.5M	523.8M	545M	268.2M	143.8M	34.2M	-321.3M	-470.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	61.6M	-28.5M	-26.6M	-94.9M	-9.5M	35.1M	-37.3M	-84.2M	35.8M	321.7M
Depreciation & amortization	124.9M	126.5M	140.9M	196.4M	155M	172.7M	145.1M	163.7M	190.5M	165.6M
Stock-based compensation	6.2M	6.3M	6.3M	5.7M	6.5M	6.1M	6M	6.6M	8.7M	10.9M
Change in working capital	4.5M	-39.4M	-8.8M	4M	7.5M	9M	-46.9M	-30.8M	-65.3M	-128.2M
Operating cash flow	208.4M	90.7M	118.4M	100.7M	162.6M	192.5M	69.3M	49.3M	214.3M	562.6M
Capital expenditure	-164.4M	-97.7M	-134.5M	-121.2M	-90.7M	-108M	-148.6M	-222.6M	-214.5M	—
Investing cash flow	-197.5M	-96.6M	-236.5M	-119.9M	-92.9M	-107M	-187.3M	-231.3M	-212.9M	-18.1M
Dividends paid	-4.4M	-4.5M	-4.9M	-5.5M	-9.2M	-20.7M	-12.9M	-15.7M	-25.3M	-10.4M
Share repurchases	-4.4M	-2.9M	-2.7M	—	—	—	—	—	—	—
Financing cash flow	-20.1M	-14.9M	-21.6M	-13.6M	-16.6M	-28.1M	-3.8M	158.4M	-82.6M	-77.1M
Net change in cash	-9.2M	-20.7M	-139.8M	-32.7M	53.1M	57.4M	-121.8M	-23.6M	-81.2M	467.4M
Free cash flow	60.5M	17.8M	-42.7M	-555K	89.8M	110.4M	-59.5M	-148.4M	3.8M	310.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-22.4M	-42.9M	-5.8M	27.9M	1.8M	11.9M	28.9M	62.2M	136.1M	134.4M	164.7M	117.9M
Depreciation & amortization	37.1M	52M	51.2M	53.9M	44.1M	41.2M	39.2M	46.5M	63.8M	39.1M	34.5M	36.9M
Stock-based compensation	2.4M	1.5M	1.2M	3M	2.3M	2.3M	1.9M	3M	2.6M	3.4M	2.8M	3.3M
Change in working capital	-12.3M	-14M	-40.2M	-1.8M	-16.3M	-7.1M	-47.4M	27.1M	-39.4M	-65M	-62.3M	2M
Operating cash flow	4.2M	-19.7M	17.9M	77.5M	45.8M	73.1M	36.1M	161.8M	148M	217.1M	194.2M	174.9M
Capital expenditure	-55.4M	-61.5M	-47.5M	-50.5M	-55.7M	-60.8M	-54M	—	—	—	—	—
Investing cash flow	-57M	-68.4M	-47.5M	-50.5M	-55.5M	-60.6M	-54M	3.8M	586K	-22.5M	213.7M	31.4M
Dividends paid	-3.9M	-4M	-4M	-4M	-8.7M	-8.6M	-2.5M	-2.5M	-2.7M	-2.7M	-2.8M	-2.5M
Share repurchases	0	—	-1.2M	0	0	—	0	-885K	0	—	-1.2M	-3.4M
Financing cash flow	41.8M	72.2M	4.9M	-84.5M	-2.8M	-1.5M	15.2M	164.1M	-254.4M	-4.8M	-5.1M	-271.4M
Net change in cash	-11M	-15.9M	-24.7M	-57.4M	-12.5M	11.1M	-2.7M	329.7M	-105.7M	189.8M	402.8M	-65.1M
Free cash flow	-45.1M	-61.7M	-30.5M	28.3M	-690K	6.7M	-18.4M	87.5M	58.5M	134.7M	155M	135.8M

Hecla Mining Company Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history