Hecla Mining (HL) Gross Margin (2009 - 2026)
Hecla Mining (HL) reported Gross Margin of 61.55% for Q1 2026, up 2811.0% on a YoY basis from 2.11% in Q1 2025, and up 11.13% quarter-over-quarter from 55.39% in Q4 2025.
Hecla Mining (HL) Gross Margin (2009 - 2026) Analysis & Trends
Hecla Mining has reported Gross Margin for 18 years, with the latest figure at 61.55% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 2811.0% year-over-year to 61.55%; the trailing twelve-month figure through Mar 2026 stood at 50.95% (up 2475.0% YoY), and the FY2025 full-year result was 43.72%, up 2241.0% from the prior year.
- Gross Margin for Q1 2026 stood at 61.55%, up from 55.39% in the prior quarter.
- The five-year high for Gross Margin was 61.55% in Q1 2026, with the low at 4.27% in Q4 2023.
- Historically, Gross Margin has averaged 25.89% across 5 years, with a median of 21.14% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1593 bps — and 2026, when it surged 2811 bps.
- Hecla Mining's Gross Margin stood at 12.84% in 2022, then slumped by 67 bps to 4.27% in 2023, then surged by 541 bps to 27.37% in 2024, then jumped by 102 bps to 55.39% in 2025, then rose by 11 bps to 61.55% in 2026.
- The last three Gross Margin figures came in at 61.55% (Q1 2026), 55.39% (Q4 2025), and 44.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | 72.03% |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 61.55% |
| 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 | Platinum Group Metals | 1.34 Bn | 1.36 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.55% |
| Dec 31, 2025 | 55.39% |
| Sep 30, 2025 | 44.07% |
| Jun 30, 2025 | 39.31% |
| Mar 31, 2025 | 33.45% |
| Dec 31, 2024 | 27.37% |
| Sep 30, 2024 | 24.19% |
| Jun 30, 2024 | 20.94% |
| Mar 31, 2024 | 10.11% |
| Dec 31, 2023 | 4.27% |
| Sep 30, 2023 | 18.40% |
| Jun 30, 2023 | 21.14% |
| Mar 31, 2023 | 17.52% |
| Dec 31, 2022 | 12.84% |
| Sep 30, 2022 | 5.77% |
| Jun 30, 2022 | 19.48% |
| Mar 31, 2022 | 24.36% |
| Dec 31, 2021 | 28.77% |
| Sep 30, 2021 | 18.20% |
| Jun 30, 2021 | 28.41% |