Hudbay Minerals (HBM) Net Margin (2009 - 2026)

Hudbay Minerals (HBM) reported Net Margin of 25.14% for Q1 2026, up 827.0% year-over-year from 2.71% in Q1 2025, and up 43.96% quarter-over-quarter from 17.46% in Q4 2025.

Hudbay Minerals (HBM) Net Margin (2009 - 2026) Analysis & Trends

Hudbay Minerals (HBM) has 18 years of Net Margin data on file, last reported at 25.14% in Q1 2026.

  • Net Margin for Q1 2026 came in at 25.14%, up 827.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.75% (up 1876.0% YoY), and the FY2025 annual result was 25.71%, up 2192.0% from the prior year.
  • Net Margin advanced to 25.14% in Q1 2026 per HBM's latest filing, from 17.46% in the prior quarter.
  • Over five years, Net Margin peaked at 64.13% in Q3 2025 and troughed at 5.43% in Q4 2022.
  • A 5-year average of 12.09% and a median of 7.74% in 2022 frame the typical range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 9969 bps in 2022 and fell as far as 4353 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 5.43% in 2022, then jumped by 194 bps to 5.11% in 2023, then retreated by 29 bps to 3.62% in 2024, then soared by 382 bps to 17.46% in 2025, then surged by 44 bps to 25.14% in 2026.
  • Business Quant data shows HBM's Net Margin at 25.14% in Q1 2026, 17.46% in Q4 2025, and 64.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 37.09%
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 14.13%
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 25.14%
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn 60.86%
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 9,485.43%
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 7.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.14%
Dec 31, 2025 17.46%
Sep 30, 2025 64.13%
Jun 30, 2025 21.94%
Mar 31, 2025 16.88%
Dec 31, 2024 3.62%
Sep 30, 2024 10.23%
Jun 30, 2024 3.88%
Mar 31, 2024 4.25%
Dec 31, 2023 5.11%
Sep 30, 2023 9.39%
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 -105.13%
Sep 30, 2021 41.18%
Jun 30, 2021 -0.84%