Hudbay Minerals (HBM) Operating Leases (2018 - 2026)
Hudbay Minerals (HBM) recorded Operating Leases of $27 million in the quarter ended Jun 30, 2026, down 24.2% from $35.6 million a year earlier and down 5.9% from the prior quarter.
Hudbay Minerals (HBM) Operating Leases (2018 - 2026) Analysis & Trends
As of Dec 31, 2025, Hudbay Minerals reported Operating Leases of $26.7 million, down 12.5% from the prior year.
- Annual Operating Leases has a five-year compound annual growth rate of -4.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Leases came in at $30.5 million in the year ended Dec 31, 2024 (+5.5%), $28.9 million in the year ended Dec 31, 2023 (+78.9%), $16.16 million in the year ended Dec 31, 2022 (-51.8%) and $33.53 million in the year ended Dec 31, 2021 (+0.2%).
- Quarterly Operating Leases has ranged from $16.16 million in the quarter ended Dec 31, 2022 to $35.6 million in the quarter ended Jun 30, 2025 over the past five years.
- On a year-over-year basis, Operating Leases has declined for three consecutive quarters, with an average decline of 3.4% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 81.2% in the quarter ended Mar 31, 2024, against a decline of 51.8% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.7 million (quarter ended Mar 31, 2026), $26.7 million (quarter ended Dec 31, 2025) and $29.9 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn |
| 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 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - |
| 10 | Hudbay Minerals | 10.63 Bn | 7.95 Bn | 269.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | 28.70 Mn |
| Dec 31, 2025 | 26.70 Mn |
| Sep 30, 2025 | 29.90 Mn |
| Jun 30, 2025 | 35.60 Mn |
| Mar 31, 2025 | 33.70 Mn |
| Dec 31, 2024 | 30.50 Mn |
| Sep 30, 2024 | 26.63 Mn |
| Jun 30, 2024 | 29.63 Mn |
| Mar 31, 2024 | 31.92 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | 32.89 Mn |
| Jun 30, 2023 | 30.92 Mn |
| Mar 31, 2023 | 17.62 Mn |
| Dec 31, 2022 | 16.16 Mn |
| Sep 30, 2022 | 20.67 Mn |
| Jun 30, 2022 | 25.05 Mn |
| Mar 31, 2022 | 29.52 Mn |
| Dec 31, 2021 | 33.53 Mn |
| Sep 30, 2021 | 32.61 Mn |
Hudbay Minerals Operating Leases 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=operating-leases&ticker=HBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=HBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();