Hecla Mining HL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 50.9%+5.8pp | 45.1%+7.7pp | 37.4%+5.9pp | 31.5%+5.3pp | 26.2%+4.9pp | |
| Operating margin | 43.6%+6.3pp | 37.3%+9.2pp | 28.1%+8.0pp | 20.1%+4.4pp | 15.7%+4.3pp | |
| Net margin | 17.4%-6.1pp | 23.5%+6.5pp | 17%+7.1pp | 10%+2.5pp | 7.4%+3.6pp | |
| EBITDA margin | 54.3%+4.9pp | 49.4%+7.0pp | 42.4%+6.1pp | 36.3%+2.6pp | 33.7%+1.8pp | |
| Free cash flow margin | 29.7%+7.0pp | 22.7%+7.1pp | 15.6%+6.5pp | 9.1%+5.7pp | 3.4%+3.0pp | |
| Returns | ||||||
| Return on equity | 11.8%-2.1pp | 13.9%+5.0pp | 8.9%+4.2pp | 4.7%+1.2pp | 3.5%+1.7pp | |
| Return on assets | 8.6%-1.3pp | 9.8%+3.4pp | 6.5%+3.2pp | 3.2%+0.9pp | 2.3%+1.1pp | |
| Return on invested capital | 19.7%+6.6pp | 13.1%+5.0pp | 8%+3.5pp | 4.6%+1.2pp | 3.4%+1.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.4×0.0× | 0.4×+0.1× | 0.3×0.0× | 0.3×0.0× | |
| Inventory turnover | 22.2×-2.2× | 24.4×+4.9× | 19.5×+6.1× | 13.4×-3.5× | 16.9×-6.0× | |
| Liquidity | ||||||
| Current ratio | 4.9×+2.2× | 2.7×+0.6× | 2.2×-0.5× | 2.7×+1.2× | 1.4×+0.3× | |
| Quick ratio | 4.8×+2.2× | 2.6×+0.7× | 1.9×-0.4× | 2.4×+1.2× | 1.2×+0.3× | |
| Cash ratio | 3×+2.0× | 1×+0.3× | 0.7×-0.8× | 1.5×+1.4× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×-0.1× | 0.3×0.0× | 0.3×0.0× | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×-0.1× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | -0.4×-0.4× | 0.1×-0.3× | 0.3×-0.5× | 0.8×-1.0× | 1.8×-0.1× | |
| Interest coverage | 19.2×+6.9× | 12.3×+5.7× | 6.6×+2.3× | 4.3×+1.2× | 3.1×+0.9× | |
| Per Share | ||||||
| Book value per share | $3.81-3.7% | $3.95+8.4% | $3.65+1.0% | $3.61+10.5% | $3.27-0.3% | |
| Valuation | ||||||
| Market capitalization | $12.49B-2.9% | $12.86B+58.6% | $8.11B+121% | $3.67B+4.4% | $3.51B+12.3% | |
| Enterprise value | $12.19B-5.6% | $12.9B+56.1% | $8.27B+109% | $3.96B-3.0% | $4.08B+11.1% | |
| Price / earnings | 45.6×+5.6× | 40×-0.7× | 40.7×+4.1× | 36.6×-13.3× | 49.9×-37.5× | |
| Price / sales | 7.9×-1.5× | 9.4×+2.5× | 6.9×+3.3× | 3.7×-0.1× | 3.7×+0.4× | |
| Price / book | 4.9×-0.1× | 5×+1.7× | 3.3×+1.7× | 1.6×-0.1× | 1.7×+0.2× | |
| EV / EBITDA | 14.3×-4.9× | 19.1×+2.4× | 16.7×+5.8× | 10.9×-1.9× | 12.8×+0.4× | |
| EV / sales | 7.7×-1.7× | 9.4×+2.4× | 7.1×+3.1× | 3.9×-0.4× | 4.3×+0.4× | |
| Free cash flow yield | 3.7%+1.3pp | 2.4%+0.2pp | 2.2%-0.2pp | 2.5%+1.6pp | 0.9%+0.8pp | |
| Earnings yield | 2.2%-0.3pp | 2.5%0.0pp | 2.5%-0.3pp | 2.7%+0.7pp | 2%+0.9pp | |
| Dividend yield | 0.1%0.0pp | 0.1%-0.1pp | 0.2%-0.4pp | 0.6%-0.1pp | 0.7%-0.1pp | |
| PEG ratio | 0.2×+0.1× | 0.1×— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Hecla Mining's profit margins?
- Hecla Mining (HL) runs a 50.9% gross margin and a 43.6% operating margin, with a 17.4% net margin.
- Where do Hecla Mining's ratios come from?
- Every ratio is computed from Hecla Mining's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
