Hecla Mining HL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 50.9%+24.8pp | 45.1%+23.8pp | 37.4%+21.1pp | 31.5%+17.2pp | 26.2%+12.5pp | |
| Operating margin | 43.6%+27.9pp | 37.3%+25.9pp | 28.1%+25.0pp | 20.1%+21.3pp | 15.7%+22.1pp | |
| Net margin | 17.4%+10.0pp | 23.5%+19.7pp | 17%+19.3pp | 10%+15.5pp | 7.4%+19.7pp | |
| EBITDA margin | 54.3%+20.7pp | 49.4%+17.5pp | 42.4%+15.4pp | 36.3%+12.5pp | 33.7%+15.4pp | |
| Free cash flow margin | 29.7%+26.3pp | 22.7%+22.3pp | 15.6%+23.3pp | 9.1%+23.1pp | 3.4%+26.6pp | |
| Returns | ||||||
| Return on equity | 11.8%+8.3pp | 13.9%+12.1pp | 8.9%+9.8pp | 4.7%+6.9pp | 3.5%+7.9pp | |
| Return on assets | 8.6%+6.2pp | 9.8%+8.6pp | 6.5%+7.1pp | 3.2%+4.7pp | 2.3%+5.3pp | |
| Return on invested capital | 19.7%+16.3pp | 13.1%+10.8pp | 8%+7.0pp | 4.6%+4.9pp | 3.4%+5.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.2× | 0.4×+0.1× | 0.4×+0.1× | 0.3×+0.1× | 0.3×+0.1× | |
| Inventory turnover | 22.2×+5.3× | 24.4×+1.5× | 19.5×-14.9× | 13.4×-11.5× | 16.9×-9.4× | |
| Liquidity | ||||||
| Current ratio | 4.9×+3.5× | 2.7×+1.6× | 2.2×+1.1× | 2.7×+1.4× | 1.4×-0.2× | |
| Quick ratio | 4.8×+3.7× | 2.6×+1.7× | 1.9×+1.0× | 2.4×+1.4× | 1.2×-0.3× | |
| Cash ratio | 3×+2.9× | 1×+0.9× | 0.7×+0.6× | 1.5×+1.4× | 0.1×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×-0.2× | 0.1×-0.2× | 0.1×-0.2× | 0.3×-0.1× | 0.3×-0.1× | |
| Debt-to-assets | 0.1×-0.1× | 0.1×-0.1× | 0.1×-0.1× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | -0.4×-2.1× | 0.1×-1.8× | 0.3×-2.0× | 0.8×-2.4× | 1.8×-3.0× | |
| Interest coverage | 19.2×+16.2× | 12.3×+10.2× | 6.6×+6.1× | 4.3×+4.5× | 3.1×+4.0× | |
| Per Share | ||||||
| Book value per share | $3.81+16.5% | $3.95+20.6% | $3.65+11.9% | $3.61+13.5% | $3.27+2.8% | |
| Valuation | ||||||
| Market capitalization | $12.49B+255% | $12.86B+311% | $8.11B+97.0% | $3.67B+22.8% | $3.51B+19.6% | |
| Enterprise value | $12.19B+199% | $12.9B+251% | $8.27B+77.6% | $3.96B+10.6% | $4.08B+14.8% | |
| Price / earnings | 45.6×-4.3× | 40×-47.4× | 40.7×— | 36.6×— | 49.9×— | |
| Price / sales | 7.9×+4.2× | 9.4×+6.0× | 6.9×+2.0× | 3.7×-0.2× | 3.7×-0.4× | |
| Price / book | 4.9×+3.2× | 5×+3.4× | 3.3×+1.3× | 1.6×+0.1× | 1.7×+0.2× | |
| EV / EBITDA | 14.3×+1.4× | 19.1×+6.7× | 16.7×-3.8× | 10.9×-8.5× | 12.8×-14.6× | |
| EV / sales | 7.7×+3.4× | 9.4×+5.5× | 7.1×+1.5× | 3.9×-0.7× | 4.3×-0.7× | |
| Free cash flow yield | 3.7%+2.8pp | 2.4%+2.3pp | 2.2%+3.8pp | 2.5%+6.1pp | 0.9%+6.5pp | |
| Earnings yield | 2.2%+0.2pp | 2.5%+1.4pp | 2.5%+2.9pp | 2.7%+4.2pp | 2%+5.0pp | |
| Dividend yield | 0.1%-0.6pp | 0.1%-0.7pp | 0.2%-0.3pp | 0.6%+0.1pp | 0.7%+0.1pp | |
| PEG ratio | 0.2×— | 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.
