Hudbay Minerals (HBM) Return on Invested Capital [ROIC] (2012 - 2026)
Hudbay Minerals (HBM) recorded Return on Invested Capital [ROIC] of 12.27% in the quarter ended Jun 30, 2026, up 3.94 percentage points from 8.33% a year earlier but down 2.08 percentage points from the prior quarter.
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Analysis
Hudbay Minerals (HBM) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hudbay Minerals reported Return on Invested Capital [ROIC] of 14.36%, up 11.32 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of +15.37 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 3.04% in the year ended Dec 31, 2024 (-1.32 pp), 4.36% in the year ended Dec 31, 2023 (-1.35 pp), 5.71% in the year ended Dec 31, 2022 (+5.07 pp) and 0.64% in the year ended Dec 31, 2021 (+1.65 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -0.42% in the quarter ended Sep 30, 2021 to 14.35% in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +4.65 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 10.64 percentage points in the quarter ended Dec 31, 2025, against a drop of 3.64 percentage points in the quarter ended Mar 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.35% (quarter ended Mar 31, 2026), 13.56% (quarter ended Dec 31, 2025) and 12.12% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | Hudbay Minerals | 10.76 Bn | 8.07 Bn | 269.00 Mn | 12.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.27% |
| Mar 31, 2026 | 14.35% |
| Dec 31, 2025 | 13.56% |
| Sep 30, 2025 | 12.12% |
| Jun 30, 2025 | 8.33% |
| Mar 31, 2025 | 5.25% |
| Dec 31, 2024 | 2.91% |
| Sep 30, 2024 | 3.76% |
| Jun 30, 2024 | 3.71% |
| Mar 31, 2024 | 4.23% |
| Dec 31, 2023 | 3.97% |
| Sep 30, 2023 | 3.20% |
| Jun 30, 2023 | 2.27% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 4.86% |
| Sep 30, 2022 | 3.07% |
| Mar 31, 2022 | 3.64% |
| Dec 31, 2021 | 0.63% |
| Sep 30, 2021 | -0.42% |
| Jun 30, 2021 | 4.02% |
API Access
Hudbay Minerals Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();