Hudbay Minerals (HBM) Return on Invested Capital [ROIC] (2011 - 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.
Hudbay Minerals (HBM) Return on Invested Capital [ROIC] (2011 - 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 13.71% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 30.10% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 8.59% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 7.61% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 21.64% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 12.32% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 22.01% |
| 10 | Hudbay Minerals | 8.67 Bn | 5.99 Bn | 269.00 Mn | 12.63% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.63% |
| Mar 31, 2026 | 14.64% |
| Dec 31, 2025 | 13.94% |
| Sep 30, 2025 | 13.32% |
| Jun 30, 2025 | 8.75% |
| Mar 31, 2025 | 5.23% |
| Dec 31, 2024 | 2.90% |
| Sep 30, 2024 | 3.76% |
| Jun 30, 2024 | 3.71% |
| Mar 31, 2024 | 4.24% |
| Dec 31, 2023 | 3.95% |
| Sep 30, 2023 | 1.85% |
| Mar 31, 2019 | 2.65% |
| Dec 31, 2018 | 4.65% |
| Dec 31, 2015 | -10.50% |
| Sep 30, 2015 | -2.24% |
| Jun 30, 2015 | -1.60% |
| Mar 31, 2015 | 0.00% |
| Dec 31, 2014 | 0.00% |
| Sep 30, 2014 | 0.00% |
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_KEY
import 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();