Hecla Mining (HL-PB) Operating Margin (2009 - 2026)

Hecla Mining (HL-PB) reported Operating Margin of 54.23% for Q1 2026, up 3114.0% on a YoY basis from 1.69% in Q1 2025, and up 225.17% quarter-over-quarter from 43.32% in Q4 2025.

Hecla Mining (HL-PB) Operating Margin (2009 - 2026) Analysis & Trends

Hecla Mining has reported Operating Margin for 18 years, with the latest figure at 54.23% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 3114.0% year-over-year to 54.23%; the trailing twelve-month figure through Mar 2026 stood at 17.25% (up 1130.0% YoY), and the FY2025 full-year result was 7.07%, up 558.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 54.23%, up from 43.32% in the prior quarter.
  • The five-year high for Operating Margin was 54.23% in Q1 2026, with the low at 43.32% in Q4 2025.
  • Historically, Operating Margin has averaged 4.1% across 5 years, with a median of 2.78% in 2023.
  • Annual changes were most pronounced in 2025 — Operating Margin plunged 2160 bps — and 2026, when it soared 3114 bps.
  • Hecla Mining's Operating Margin stood at 4.85% in 2022, then slumped by 444 bps to 26.38% in 2023, then increased by 18 bps to 21.72% in 2024, then sank by 99 bps to 43.32% in 2025, then jumped by 225 bps to 54.23% in 2026.
  • The last three Operating Margin figures came in at 54.23% (Q1 2026), 43.32% (Q4 2025), and 36.3% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn 66.94%
2 Buenaventura Mining 10.77 Bn 10.77 Bn - 47.67%
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 54.23%
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn -
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - -
9 Solaris Resources 1.41 Bn 1.39 Bn - -
10 Hecla Mining - - 253.26 Mn 54.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 54.23%
Dec 31, 2025 -43.32%
Sep 30, 2025 36.30%
Jun 30, 2025 30.84%
Mar 31, 2025 23.09%
Dec 31, 2024 -21.72%
Sep 30, 2024 9.17%
Jun 30, 2024 16.53%
Mar 31, 2024 2.67%
Dec 31, 2023 -26.38%
Sep 30, 2023 -6.95%
Jun 30, 2023 2.70%
Mar 31, 2023 2.78%
Dec 31, 2022 -4.85%
Sep 30, 2022 -17.40%
Jun 30, 2022 4.03%
Mar 31, 2022 7.91%
Dec 31, 2021 11.79%
Sep 30, 2021 -4.43%
Jun 30, 2021 13.37%