Hudbay Minerals (HBM) Net Margin (2009 - 2026)
Hudbay Minerals (HBM) reported Net Margin of 21.88% for the quarter ended Jun 30, 2026, up 0.49 percentage points from 21.38% a year earlier but down 3.41 percentage points from the prior quarter.
Hudbay Minerals (HBM) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hudbay Minerals' Net Margin came in at 27.55%, up 14.67 percentage points year-over-year; for the year ended Dec 31, 2025, it was 25.52%, up 22.17 percentage points from the prior year.
- Net Margin has a five-year change of +38.76 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at 3.35% in the year ended Dec 31, 2024 (-0.76 pp), 4.11% in the year ended Dec 31, 2023 (-0.70 pp), 4.82% in the year ended Dec 31, 2022 (+21.08 pp) and -16.27% in the year ended Dec 31, 2021 (-3.03 pp).
- Five-year quarterly Net Margin spans a low of -5.43% in the quarter ended Dec 31, 2022 and a high of 64.13% in the quarter ended Sep 30, 2025.
- Year over year, Net Margin has now increased in each of the last six quarters, with an average year-over-year change of +14.37 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was the quarter ended Dec 31, 2021 (a gain of 89.56 percentage points); the low point was the quarter ended Sep 30, 2022 (a drop of 49.82 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 25.29% (quarter ended Mar 31, 2026), 17.46% (quarter ended Dec 31, 2025) and 64.13% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.31% |
| 10 | Hudbay Minerals | 10.63 Bn | 7.95 Bn | 269.00 Mn | 21.88% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.88% |
| Mar 31, 2026 | 25.29% |
| Dec 31, 2025 | 17.46% |
| Sep 30, 2025 | 64.13% |
| Jun 30, 2025 | 21.38% |
| Mar 31, 2025 | 16.68% |
| Dec 31, 2024 | 3.30% |
| Sep 30, 2024 | 10.37% |
| Jun 30, 2024 | -4.79% |
| Mar 31, 2024 | 3.53% |
| Dec 31, 2023 | 5.56% |
| Sep 30, 2023 | 9.47% |
| Jun 30, 2023 | 4.78% |
| Mar 31, 2023 | 1.85% |
| Dec 31, 2022 | -5.43% |
| Sep 30, 2022 | -2.35% |
| Jun 30, 2022 | 7.74% |
| Mar 31, 2022 | 16.85% |
| Dec 31, 2021 | -2.46% |
| Sep 30, 2021 | 47.47% |
Hudbay Minerals Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();