NYSE : HL
Hecla Mining Company — Financial statements
Materials · Other Precious Metals & Mining · United States
Last price 13.53 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.09B
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Financial statements
Hecla Mining Company (HL) reported revenue of 1.74B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.74B | 1.42B | 929.92M | 720.23M | 718.90M | 807.47M |
| Cost of Revenue | 673.25M | 640.80M | 548.25M | 458.50M | 458.81M | 417.88M |
| Gross Profit | 1.07B | 782.22M | 381.68M | 261.72M | 260.09M | 389.59M |
| Selling, General & Admin | 63.24M | 57.93M | 41.49M | 38.58M | 37.97M | 35.20M |
| Other Operating Expenses | 11.86M | 5.67M | 4.48M | -1.44M | 6.26M | 14.33M |
| Operating Expenses | 275.52M | 251.35M | 256.76M | 218.43M | 234.21M | 269.23M |
| Operating Income | 795.20M | 530.87M | 124.92M | 43.30M | 25.89M | 120.37M |
| Interest Expense | -27.31M | -41.58M | -49.83M | -43.32M | -42.79M | -41.95M |
| Currency Exchange Gain (Loss) | -5.55M | -5.76M | 7.55M | -3.81M | 7.21M | 417.00K |
| Other Non Operating Income (Expenses) | -51.78M | -39.87M | -5.40M | 4.91M | 3.26M | -32.59M |
| EBT Excluding Unusual Items | 710.57M | 443.65M | 77.24M | 1.07M | -6.44M | 46.25M |
| Merger & Restructuring Charges | -8.86M | -7.87M | -6.84M | -7.58M | -8.79M | -14.57M |
| Gain (Loss) on Sale of Investments | 49.17M | 51.90M | 3.70M | -243.00K | -5.57M | -3.14M |
| Asset Writedown | -14.57M | |||||
| Other Unusual Items | -14.01M | -14.01M | -43.31M | -76.25M | -24.11M | -23.01M |
| Pretax Income | 742.38M | 479.18M | 66.22M | -83.00M | -44.91M | 5.53M |
| Income Tax Expense | 189.39M | 157.47M | 30.41M | 1.22M | -7.57M | -29.57M |
| Net Income | 333.98M | 321.71M | 35.80M | -84.22M | -37.35M | 35.09M |
| Preferred Dividends & Other Adjustments | 540.00K | 552.00K | 552.00K | 552.00K | 552.00K | 552.00K |
| Net Income to Common | 333.44M | 321.16M | 35.25M | -84.77M | -37.90M | 34.54M |
| Shares Outstanding (Basic) | 670.09M | 651.97M | 620.85M | 605.67M | 557.34M | 536.19M |
| Shares Outstanding (Diluted) | 675.21M | 655.77M | 622.53M | 605.67M | 557.34M | 542.18M |
| EPS (Basic) | 0.50 | 0.49 | 0.06 | -0.14 | -0.07 | 0.06 |
| EPS (Diluted) | 0.50 | 0.49 | 0.06 | -0.14 | -0.07 | 0.06 |
| Free Cash Flow | 483.99M | 310.25M | 3.79M | -148.39M | -59.49M | 111.29M |
| Free Cash Flow Per Share | 0.72 | 0.47 | 0.01 | -0.24 | -0.11 | 0.20 |
| Dividend Per Share | 0.01 | 0.01 | 0.04 | 0.03 | 0.02 | 0.04 |
| Gross Margin | 61.39% | 54.97% | 41.04% | 36.34% | 36.18% | 48.25% |
| Operating Margin | 45.60% | 37.31% | 13.43% | 6.01% | 3.60% | 14.91% |
| Profit Margin | 19.12% | 22.57% | 3.79% | -11.77% | -5.27% | 4.28% |
| Free Cash Flow Margin | 27.75% | 21.80% | 0.41% | -20.60% | -8.28% | 13.78% |
| EBITDA | 969.49M | 696.43M | 315.39M | 206.97M | 171.03M | 293.02M |
| EBITDA Margin | 55.59% | 48.94% | 33.91% | 28.74% | 23.79% | 36.29% |
| D&A For EBITDA | 174.28M | 165.57M | 190.47M | 163.67M | 145.15M | 172.65M |
| EBIT | 795.20M | 530.87M | 124.92M | 43.30M | 25.89M | 120.37M |
| EBIT Margin | 45.60% | 37.31% | 13.43% | 6.01% | 3.60% | 14.91% |
| Effective Tax Rate | 25.51% | 32.86% | 45.93% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 483.48M | 241.56M | 26.87M | 106.37M | 104.74M | 210.01M |
| Short-Term Investments | 1.86M | 59.64M | ||||
| Cash & Short-Term Investments | 485.34M | 301.20M | 26.87M | 106.37M | 104.74M | 210.01M |
| Accounts Receivable | 127.42M | 170.23M | 31.52M | 19.43M | 45.15M | 36.44M |
| Other Receivables | 42.55M | 17.11M | 17.54M | 13.69M | 10.70M | 8.15M |
| Receivables | 169.97M | 187.34M | 49.05M | 33.12M | 55.84M | 44.59M |
| Inventory | 96.74M | 114.78M | 104.94M | 93.65M | 90.67M | 67.77M |
| Other Current Assets | 19.92M | 26.02M | 33.30M | 27.12M | 16.47M | 19.27M |
| Total Current Assets | 771.97M | 629.34M | 214.15M | 260.26M | 267.73M | 341.63M |
| Property, Plant & Equipment | 2.15B | 2.85B | 2.70B | 2.67B | 2.58B | 2.32B |
| Long-Term Investments | 152.54M | 47.84M | 33.90M | 33.72M | 24.02M | 10.84M |
| Long-Term Deferred Tax Assets | 2.88M | 21.11M | 45.56M | |||
| Other Long-Term Assets | 115.22M | 33.77M | 31.35M | 39.64M | 33.47M | 7.53M |
| Total Assets | 3.19B | 3.56B | 2.98B | 3.01B | 2.93B | 2.73B |
| Accounts Payable | 71.28M | 102.28M | 88.96M | 81.60M | 84.75M | 68.10M |
| Accrued Expenses | 32.55M | 45.80M | 37.15M | 42.65M | 52.03M | 43.17M |
| Current Portion of Long-Term Debt | 33.62M | |||||
| Current Portion of Leases | 6.63M | 8.27M | 9.07M | 10.55M | 11.98M | 5.61M |
| Current Income Taxes Payable | 17.21M | 23.41M | 6.31M | 3.50M | 4.03M | 12.31M |
| Other Current Liabilities | 20.87M | 51.80M | 22.73M | 19.16M | 25.67M | 31.20M |
| Total Current Liabilities | 148.55M | 231.56M | 197.84M | 157.46M | 178.47M | 160.38M |
| Long-Term Debt | 7.56M | 261.95M | 495.18M | 636.00M | 506.37M | 508.10M |
| Long-Term Leases | 7.28M | 14.87M | 20.84M | 24.86M | 19.98M | 7.78M |
| Pension & Post-Retirement Benefits | 4.67M | |||||
| Long-Term Deferred Tax Liabilities | 198.90M | 246.43M | 110.27M | 104.83M | 125.85M | 149.71M |
| Other Long-Term Liabilities | 145.16M | 214.19M | 117.42M | 119.84M | 117.55M | 137.39M |
| Total Liabilities | 507.45M | 969.00M | 941.55M | 1.04B | 948.21M | 968.02M |
| Common Stock | 170.12M | 169.69M | 160.05M | 156.08M | 151.82M | 136.39M |
| Additional Paid-In Capital | 2.65B | 2.64B | 2.42B | 2.34B | 2.26B | 2.03B |
| Retained Earnings | -88.59M | -182.14M | -493.53M | -503.86M | -403.93M | -353.65M |
| Treasury Stock | -40.34M | -35.82M | -34.93M | -33.73M | -31.70M | -28.02M |
| Comprehensive Income & Other | -13.63M | -3.33M | -10.27M | 5.84M | 2.45M | -28.46M |
| Total Common Equity | 2.68B | 2.59B | 2.04B | 1.97B | 1.98B | 1.76B |
| Shareholders' Equity | 2.68B | 2.59B | 2.04B | 1.97B | 1.98B | 1.76B |
| Total Liabilities & Equity | 3.19B | 3.56B | 2.98B | 3.01B | 2.93B | 2.73B |
| Total Debt | 21.48M | 285.09M | 558.71M | 671.41M | 538.33M | 521.48M |
| Net Cash (Debt) | 616.40M | 63.95M | -497.95M | -531.32M | -409.56M | -311.47M |
| Net Cash Per Share | 0.91 | 0.10 | -0.80 | -0.88 | -0.73 | -0.57 |
| Filing Date Shares Outstanding | 671.77M | 670.35M | 623.02M | 616.58M | 607.82M | 538.35M |
| Total Common Shares Outstanding | 671.73M | 670.30M | 631.73M | 616.11M | 599.49M | 538.14M |
| Working Capital | 623.42M | 397.78M | 16.31M | 102.80M | 89.26M | 181.24M |
| Book Value Per Share | 3.99 | 3.87 | 3.23 | 3.19 | 3.30 | 3.27 |
| Tangible Book Value | 2.68B | 2.59B | 2.04B | 1.97B | 1.98B | 1.76B |
| Tangible Book Value Per Share | 3.99 | 3.87 | 3.23 | 3.19 | 3.30 | 3.27 |
| Land | 32.96M | 35.68M | 35.11M | 35.64M | 34.93M | |
| Machinery | 1.77B | 1.70B | 1.56B | 1.42B | 1.37B | |
| Construction In Progress | 144.99M | 66.57M | 121.02M | 134.60M | 86.90M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 333.98M | 321.71M | 35.80M | -84.22M | -37.35M | 35.09M |
| Depreciation & Amortization | 174.28M | 165.57M | 190.47M | 163.67M | 145.15M | 172.65M |
| Asset Writedown & Restructuring Costs | 14.57M | 18.61M | 11.90M | |||
| Loss (Gain) From Sale of Investments | -49.17M | -51.90M | -3.70M | 243.00K | 5.57M | 3.14M |
| Stock-Based Compensation | 12.08M | 10.92M | 8.66M | 6.60M | 6.01M | 6.08M |
| Other Operating Activities | 454.27M | 212.37M | 40.83M | 28.10M | -18.80M | -27.43M |
| Change in Accounts Receivable | -106.55M | -136.84M | -17.16M | 25.13M | 8.67M | -5.41M |
| Change in Inventory | -20.76M | -21.47M | -32.84M | -24.04M | -18.23M | 16.92M |
| Change in Accounts Payable | -5.23M | -765.00K | -2.83M | 598.00K | -24.98M | -795.00K |
| Change in Income Taxes | 11.97M | 16.98M | 2.82M | -571.00K | -7.93M | 6.46M |
| Change in Other Net Operating Assets | -20.43M | 46.06M | -18.35M | -40.02M | 13.17M | 1.72M |
| Operating Cash Flow | 734.27M | 562.64M | 218.28M | 75.50M | 89.89M | 220.34M |
| Capital Expenditures | -250.28M | -252.39M | -214.49M | -223.89M | -149.38M | -109.05M |
| Sale of Property, Plant & Equipment | 1.34M | 734.00K | 1.69M | 1.33M | 748.00K | 1.08M |
| Cash Acquisitions | 228.00K | -16.05M | ||||
| Investment in Securities | 63.40M | 6.16M | -73.00K | -8.96M | -22.60M | 1.81M |
| Other Investing Activities | -2.17M | -25.00M | -869.00K | |||
| Investing Cash Flow | -4.30M | -270.50M | -212.87M | -231.29M | -187.27M | -107.03M |
| Long-Term Debt Issued | 153.00M | 279.00M | 239.00M | 25.00M | ||
| Long-Term Debt Repaid | -435.96M | -394.66M | -121.61M | -33.17M | -7.29M | |
| Net Debt Issued (Repaid) | -562.62M | -282.96M | -115.66M | 117.39M | -8.17M | -7.29M |
| Issuance of Common Stock | 42.16M | 216.22M | 58.37M | 56.68M | 17.28M | |
| Repurchase of Common Stock | -4.53M | -885.00K | -1.20M | -2.04M | -3.68M | -4.53M |
| Dividends Paid | -10.65M | -10.38M | -25.33M | -15.71M | -12.93M | -20.67M |
| Other Financing Activities | -7.29M | -116.00K | ||||
| Financing Cash Flow | -542.94M | -78.00M | -83.82M | 156.33M | -7.50M | -32.60M |
| Foreign Exchange Rate Adjustments | -122.00K | 544.00K | -1.08M | 1.09M | -273.00K | -530.00K |
| Net Cash Flow | 186.90M | 214.69M | -79.49M | 1.63M | -105.16M | 80.18M |
| Free Cash Flow | 483.99M | 310.25M | 3.79M | -148.39M | -59.49M | 111.29M |
| Free Cash Flow Margin | 27.75% | 21.80% | 0.41% | -20.60% | -8.28% | 13.78% |
| Free Cash Flow Per Share | 0.72 | 0.47 | 0.01 | -0.24 | -0.11 | 0.20 |
| Levered Free Cash Flow | 342.34M | 157.18M | 6.41M | -64.11M | -28.44M | 158.62M |
| Unlevered Free Cash Flow | 359.41M | 183.17M | 37.56M | -37.04M | -1.70M | 184.84M |
| Cash Interest Paid | 34.29M | 45.05M | 46.06M | 37.74M | 37.20M | 37.56M |
| Cash Income Tax Paid | 61.74M | 8.72M | 6.57M | 8.91M | 14.40M | 12.11M |
| Change in Working Capital | -140.99M | -96.03M | -68.35M | -38.90M | -29.30M | 18.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.38B | 12.86B | 3.08B | 2.93B | 3.33B | 2.81B |
| Enterprise Value | 8.76B | 12.94B | 3.57B | 3.44B | 3.74B | 3.15B |
| Last Close Price | 13.53 | 19.18 | 4.90 | 4.76 | 5.48 | 5.12 |
| PE Ratio | 28.12 | 40.04 | 87.51 | 81.32 | ||
| Forward PE | 17.21 | 24.28 | 13.21 | 76.84 | 81.41 | 35.37 |
| PS Ratio | 5.38 | 9.04 | 3.32 | 4.07 | 4.63 | 3.48 |
| PB Ratio | 3.39 | 4.96 | 1.51 | 1.49 | 1.68 | 1.59 |
| P/TBV Ratio | 3.51 | 4.96 | 1.51 | 1.49 | 1.68 | 1.59 |
| P/FCF Ratio | 19.40 | 41.45 | 814.98 | 25.24 | ||
| P/OCF Ratio | 12.79 | 22.86 | 14.13 | 38.84 | 37.00 | 12.75 |
| PEG Ratio | 81.07 | 81.07 | 81.07 | 81.07 | 81.07 | |
| EV/Sales Ratio | 5.03 | 9.10 | 3.84 | 4.78 | 5.21 | 3.90 |
| EV/EBITDA Ratio | 9.05 | 18.59 | 11.32 | 16.63 | 21.89 | 10.74 |
| EV/EBIT Ratio | 11.03 | 24.38 | 28.58 | 79.48 | 144.66 | 26.16 |
| EV/FCF Ratio | 18.13 | 41.72 | 943.22 | 28.29 | ||
| Debt / Equity Ratio | 0.01 | 0.11 | 0.27 | 0.34 | 0.27 | 0.30 |
| Debt / EBITDA Ratio | 0.02 | 0.41 | 1.75 | 3.20 | 3.09 | 1.78 |
| Debt / FCF Ratio | 0.04 | 0.92 | 147.61 | 4.69 | ||
| Net Debt / Equity Ratio | -0.23 | -0.03 | 0.24 | 0.27 | 0.21 | 0.18 |
| Net Debt / EBITDA Ratio | -0.64 | -0.09 | 1.58 | 2.57 | 2.40 | 1.06 |
| Net Debt / FCF Ratio | -1.27 | -0.21 | 131.56 | -3.58 | -6.88 | 2.80 |
| Asset Turnover | 0.54 | 0.43 | 0.31 | 0.24 | 0.25 | 0.30 |
| Inventory Turnover | 5.92 | 5.83 | 5.52 | 4.97 | 5.79 | 5.10 |
| Quick Ratio | 4.41 | 2.11 | 0.38 | 0.89 | 0.90 | 1.59 |
| Current Ratio | 5.20 | 2.72 | 1.08 | 1.65 | 1.50 | 2.13 |
| Return on Equity (ROE) | 22.17% | 13.89% | 1.79% | -4.27% | -2.00% | 2.02% |
| Return on Assets (ROA) | 15.30% | 10.14% | 2.61% | 0.91% | 0.57% | 2.77% |
| Return on Invested Capital (ROIC) | 26.55% | 13.85% | 2.65% | 1.75% | 1.15% | 5.75% |
| Return on Capital Employed (ROCE) | 26.20% | 15.90% | 4.50% | 1.50% | 0.90% | 4.70% |
| Earnings Yield | 3.56% | 2.50% | 1.16% | -2.87% | -1.12% | 1.25% |
| FCF Yield | 5.15% | 2.41% | 0.12% | -5.06% | -1.79% | 3.96% |
| Dividend Yield | 0.11% | 0.08% | 0.77% | 0.53% | 0.41% | 0.67% |
| Payout Ratio | 3.02% | 3.23% | 70.75% | 58.90% | ||
| Buyback Yield / Dilution | -7.03% | -5.34% | -2.79% | -8.67% | -2.80% | -2.82% |
| Total Shareholder Return | -6.92% | -5.26% | -2.02% | -8.14% | -2.39% | -2.15% |