Hecla Mining (HL) Asset Utilization Ratio (2016 - 2026)
Hecla Mining's (HL) Asset Utilization Ratio was 0.49 for Q2 2026, up 68.3% from 0.29 a year earlier and up 13.9% from the prior quarter.
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Analysis
Hecla Mining (HL) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Hecla Mining was 0.44, up 40.2% from FY2024.
- By year, Asset Utilization Ratio came in at 0.31 in FY2024 (+28.0%), 0.24 in FY2023 (-4.6%), 0.25 in FY2022 (-14.5%) and 0.30 in FY2021 (+15.2%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to Q2 2016.
- Year over year, Asset Utilization Ratio has now increased in each of the last nine quarters, with growth averaging 28.4% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2026 (growth of 68.3%); the low point was Q4 2022 (a decline of 17.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.43 (Q1 2026), 0.38 (Q4 2025) and 0.33 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 0.69 |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 0.45 |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 0.66 |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 0.64 |
| 10 | Hecla Mining | 11.43 Bn | 9.91 Bn | - | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.30 |
API Access
Hecla Mining Asset Utilization Ratio 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=asset-utilization-ratio&ticker=HL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();